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Sir Denis Eton-Hogg
08 Apr 10 22:48
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Date Joined: 16 Nov 08
| Topic/replies: 7,725 | Blogger: Sir Denis Eton-Hogg's blog
how far behind greece are we?
Pause Switch to Standard View do countries get officially declared...
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Report The Investor April 9, 2010 1:10 AM BST
a couple of decades.
Report Sir Denis Eton-Hogg April 9, 2010 1:40 AM BST
that long?! start the party!!
Report HarryCrumb April 9, 2010 10:21 AM BST
About 6 months. Same budget deficit although Greece is acting to cut its deficit whereas we are still in denial that its a problem.
Report chisel April 9, 2010 11:53 AM BST
Sir Dennis

You are obsessed with this!!

Fact is that we are out of recession, despite there being a long way to go before we regain the 6% of GDP lost during the recession.

Jobs are being created.

Thae banks(which in case you had not noticed) and are the benefactors of teh majority of government bail out money are recovering, and the nationalised banks are not paying dividends . They are therefore increasing inb value by the day. Bad debts are not as bad as expected, Repossessions are nowhere near as high as expected so I see no reason that teh taxpayer will not eventually be replaced by private investors, and we will all get our money back

The UK has a ridiculously efficient tax collection system , and with taxes increasing revenues will eventually swell the governemnt coffers..

The sun is out, we will have a new government soon and we have a World Cup year. What more could you ask for??HAPPY DAYS!.
Report Sir Denis Eton-Hogg April 9, 2010 4:31 PM BST
muppet
Report johnnie walker April 10, 2010 12:25 AM BST
problem for the uk is that at least greece have a union to go to ask help to. the uk are on their own, so any piece of bad news and speculators will turn their attention to the british debt, deficit and rates.
Report FINE AS FROG HAIR April 10, 2010 1:26 AM BST
Enough to drive you to drink JW ?
Report The Investor April 10, 2010 11:58 PM BST
The UK has a ridiculously efficient tax collection system , and with taxes increasing revenues will eventually swell the governemnt coffers..

That's a very optimistic view. Any government that wants to tackle the problems will have to make some highly unpopular decisions.

The governments coffers should already be swollen. I liken the state to a high earner with massive credit card debt. There may be lots of tax collected, but I can't see the government coffers swelling. Most governments are hugely inefficient when it comes to spending. One of the reasons is that whereas those in the private sector are rewarded for completing projects under budget, those working for the government are punished with lower budgets, equaling lower influence and standing.
An uncle of mine works for HMRC and told me how at the end of the tax year they go out and buy a bunch of office furniture and misc. unnecessary crap to use up their budget so it doesn't get cut next year.
That's typical behaviour for managers working for the government and sadly also charities.
Report DonWarro April 12, 2010 1:38 PM BST
yes "countries" do officially get declared bankrupt, or at least the country corporation does. u havent seen that recently since the worldwide economic fiat system operates within chapter 11 bankruptcy since the 30s. countries, or corporations as they should be known can continue to operate for as long as they satisfy creditors with sufficient interest payments on debts.

information is restricted in uk by official secrets act, but evidence can be found in congressional record in usa March 17, 1993 Vol. 33, page H-1303

Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House:

"Mr. Speaker, we are here now in chapter 11.. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroners report that will lead to our demise.

It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.

The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary of Treasury receives no compensation for representing the United States?

Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be "money" in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded their coupons as money, or "currency." Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises, and are not "money." A Federal Reserve Note is a debt obligation of the federal United States government, not "money? The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the united states of America to issue currency of any kind, but only lawful money, -gold and silver coin.

It is essential that we comprehend the distinction between real money and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper into debt. We the People no longer have any "money." Most Americans have not been paid any "money" for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are "bankrupt," along with the rest of the country?

Federal Reserve Notes (FRNs) are unsigned checks written on a closed account. FRNs are an inflatable paper system designed to create debt through inflation (devaluation of currency). when ever there is an increase of the supply of a money substitute in the economy without a corresponding increase in the gold and silver backing, inflation occurs.

Inflation is an invisible form of taxation that irresponsible governments inflict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRNs has everybody fooled. They have access to an unlimited supply of FRNs, paying only for the printing costs of what they need. FRNs are nothing more than promissory notes for U.S. Treasury securities (T-Bills) - a promise to pay the debt to the Federal Reserve Bank.

There is a fundamental difference between "paying" and "discharging" a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs, you can only discharge a debt. You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance. No contract in Common law is valid unless it involves an exchange of "good & valuable consideration." Unpayable debt transfers power and control to the sovereign power structure that has no interest in money, law, equity or justice because they have so much wealth already.

Their lust is for power and control. Since the inception of central banking, they have controlled the fates of nations.

The Federal Reserve System is based on the Canon law and the principles of sovereignty protected in the Constitution and the Bill of Rights. In fact, the international bankers used a "Canon Law Trust" as their model, adding stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a law making it illegal for any legal "person" to duplicate a "Joint Stock Trust" in 1873. The Federal Reserve Act was legislated post-facto (to 1870), although post-facto laws are strictly forbidden by the Constitution. [1:9:3]

The Federal Reserve System is a sovereign power structure separate and distinct from the federal United States government. The Federal Reserve is a maritime lender, and/or maritime insurance underwriter to the federal United States operating exclusively under Admiralty/Maritime law. The lender or underwriter bears the risks, and the Maritime law compelling specific performance in paying the interest, or premiums are the same.

Assets of the debtor can also be hypothecated (to pledge something as a security without taking possession of it.) as security by the lender or underwriter. The Federal Reserve Act stipulated that the interest on the debt was to be paid in gold. There was no stipulation in the Federal Reserve Act for ever paying the principle.

Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages until the Federal Reserve Act (1913)

"Hypothecated" all property within the federal United States to the Board of Governors of the Federal Reserve, -in which the Trustees (stockholders) held legal title. The U.S. citizen (tenant, franchisee) was registered as a "beneficiary" of the trust via his/her birth certificate. In 1933, the federal United States hypothecated all of the present and future properties, assets and labor of their "subjects," the 14th Amendment U.S. citizen, to the Federal Reserve System.

In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as a condition of the loan. Since the federal United States didnt have any assets, they assigned the private property of their "economic slaves", the U.S. citizens as collateral against the unpayable federal debt. They also pledged the unincorporated federal territories, national parks forests, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.

Unwittingly, America has returned to its pre-American Revolution, feudal roots whereby all land is held by a sovereign and the common people had no rights to hold allodial title to property. Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another.

This has been going on for over eighty years without the "informed knowledge" of the American people, without a voice protesting loud enough. Now its easy to grasp why America is fundamentally bankrupt.

Why dont more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?

We are reaping what has been sown, and the results of our harvest is a painful bankruptcy, and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this unpayable debt, and the tyranny to enforce paying it.

America has become completely bankrupt in world leadership, financial credit and its reputation for courage, vision and human rights. This is an undeclared economic war, bankruptcy, and economic slavery of the most corrupt order! Wake up America! Take back your Country."
Report DonWarro April 12, 2010 1:47 PM BST
what is currently happening is that countries are about to lose bankruptcy protection. this will render fiat currencies obsolete.

In 1929, the international banking cartel jacked up interest rates everywhere, causing a worldwide depression. The Compound Interest Paradox caused all the money to drain out of the world economy. The international banks knew about the credit crunch in advance. They stopped issuing loans before the crash and bought assets cheap after the crash.

restriction of credit - sound familiar?

sooner or later creditors opt for liquidation. this current worldwide crisis is a consolidation of wealth effort where by they crash prices and buy everything up for f all. what is also happening is that people are realising all this, on a small scale granted. in usa though they are in the process of taking the country back from the creditors which will likely occur once obama has been removed (being a frontman for the banking cartel as previous presidents have all also been over the last 50 years). we may not be so lucky, initially at least.
Report BillyBunnsLane April 12, 2010 2:36 PM BST
which will likely occur once obama has been removed (being a frontman for the banking cartel as previous presidents have all also been over the last 50 years)


So why didnt any of this ever come to light until Obama was elected ??
Report DonWarro April 12, 2010 3:26 PM BST
many have known for a long time. if you check the congressional record date it is 1993. obviously some have known since the beginning. ive said we were in bankruptcy for a long time. i didnt know in 1993.... because i was only 12 lol.

the obama ineligibility saga is so blatant that it opened the doors to many more people seriously investigating this sort of thing. or those that could be bothered to anyway, and are not predisposed to believe everything the media spouts (media indirectly owned by same creditors that own the gov corporation via bankruptcy). once you go down the rabbit hole and take a look around you find all sorts..

in my own opinion, there was a strong effort to keep this stuff away from our eyes for many years and the timing of obama's presidency is no coincidence. like i said before he was elected, it is part of a bigger plan. it is all coming out now because that is the plan by TPTB. his role is to fk up the country basically, so when the people remove him they think they have finally conquered evil yada yada yada. he is doing a grand job. of course the fact he is black helps out current powers that be (those that are currently being brought down) because they are using that to divide the population. when he is removed they can use force etc calling people domestic terrorists and the public will likely accept that so it will drag on a bit longer. the public is catching on fast to the agenda of obama bringing them down as planned , however at this time the majority just see him as the enemy. a smaller group realise that the powers that be are being brought down but few realise imo that this is just another scheme for control. what's really happening is people think obama is trying to take them into a fully fledged global new world order single state world. the public will fight him and remove him, remove the creditors from the occasion, and unwittingly usher in a whole new world order themselves controlled by the old school families that control the underlying framework of the world, namely law and commerce (run by the vatican) . some clever chess moves. the plan imo is not for a global state, but to return to nation states and independence meaning further war. it is effectively a clash between the UN and the vatican - the UN being pitched as the bad guys (current PTB), which they are, and the vatican/church the good guys (again tho, they just want to control us). to accomplish this they are going to stage a 2nd coming of sorts imo. in short, both sides are out to control us, and what is currently going on in the world is a battle between those powers, for us. (remember those films about vampires and daywalkers etc battling to uphold an ancient truce etc etc, all metaphor lol)

it has been planned that the worldwide conspiracy you have read earlier in this thread would be released at this time , so that the old guard elite can retake control - a sort of exo strategy conspiracy if you will :) from what i can tell obama was never meant to see out his term,and certainly will not get a 2nd. he is in to do a job and deliver the country from the hands of the bankers through his own failure. i would be interested to know how much he himself knows.

watch them put chuck baldwin in office shortly.
Report DonWarro April 12, 2010 3:27 PM BST
in short , it is coming to light now because "they" want it to ;)
Report DonWarro April 12, 2010 3:43 PM BST
oh yeh - return to nation states and gold standard = many people going to be poor, starve etc. ie population reduction. the population will be begging the powers that be to do something about it. this is where a new financial system comes in with digital economy, micro chipped population etc. i said about wars between nations - those that will be in control of each nation are in cahoots - the wars are to control us, get more out of us, and reduce our numbers. they dont need us all we are just consuming what they consider to be their resources.

obama is to divide the population, making all this worse in the near term - secession from the union/civil war or something likely.
Report ciric21 April 12, 2010 6:14 PM BST
where do the vulcans fit into this chess match please
Report Banwana April 12, 2010 6:38 PM BST
A fishermans version don
Report mightymoyes April 12, 2010 7:56 PM BST
in what universe would the vatican ever be seen as the 'good guys'?!!
Report Biodiesel April 12, 2010 8:34 PM BST
The "Hogg" is one of these guys who gets paralyzed by fear
Report Soap April 12, 2010 9:11 PM BST
Don whens your next film out?
Report The Investor April 12, 2010 11:46 PM BST
Some interesting info there DonWarro. You're going off on a pretty wild tangent with some of your conclusions though.
Report DonWarro April 13, 2010 1:23 AM BST
obviously to explain my "wild tangent conclusions" would require a great deal of writing. ive done many bits in the past which do elaborate on various aspects, but they are in various places across numerous threads and i unfortunately have never taken note of where it all is.its generally on the threads of others - i wish id written it all in one place. anyway, just needed to write this bit down, helps me get things straight in my mind :)

ta anyway.
Report DonWarro April 13, 2010 1:29 AM BST
if u give a specific question i will try and answer at some point - im not around that often now, was spending too much time here and have had to draw the line (much to everyone's pleasure im sure) :)
Report DonWarro April 13, 2010 3:50 AM BST
in what universe would the vatican ever be seen as the 'good guys'?!!

in the universe of staged second comings. nighty night. may come back tomorrow or soon, but who knows, may not :)
Report Banwana April 13, 2010 6:04 AM BST
Depending on when the asylum allows internet connection.
Report DonWarro April 13, 2010 1:24 PM BST
i type with my nose. its the only way when wearing a straight jacket.
Report mightymoyes April 14, 2010 1:42 AM BST
id love to see a staged second coming. hope its soon.
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