Thursday, December 4, 2008

Does it make sense?

http://cryptogon.com/?p=5417

Just like the CDO swaps they placed large bets on the dumbing down of America
This is treason according to the Constitution of the United States
And the big boys are betting that America is to stupid to figure it out

The U.S. Government authorizes the Fed to create money out of thin air, which it will then use to buy up the debt of the U.S. Government that nobody else wants?

Is anyone who is currently holding U.S. Treasuries even reading the news? The auctions are going to fail, so the debtor is just going to snap his fingers and create the money to buy the debt that nobody else wanted to buy?

How does the dollar not collapse on this?