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This man gets the prize for the Day. He has hit the nail on the head. He
has timed this one to a T, or should I say H+S reversal! Listen and learn,
RTs.
Now, the next question is, why do we as a nation owe 60% of our hard earned
income to a corporation! Kohath
----- Original Message -----
From: charles meyer <chmeyer@xxxxxxxx>
To: kohath <kohath@xxxxxxxxxxxxx>; TheGonch at MediaKat
<Daniel.Goncharoff@xxxxxxxxxxxxxxxxxxxx>
Cc: Ira <ist@xxxxxx>; Real traders <realtraders@xxxxxxxxxxxx>
Sent: Thursday, July 29, 1999 1:28 PM
Subject: Re: economy - Debt - or is it really?
> I have an answer. The debt is owed to the FED which is a group
> of private banks. My guess is that in the end they either get
> their money (interest) or whatever is used as collateral on any
> unpaid debt. Guess who wins and who loses?
>
> Charles
> -----Original Message-----
> From: kohath <kohath@xxxxxxxxxxxxx>
> To: TheGonch at MediaKat <Daniel.Goncharoff@xxxxxxxxxxxxxxxxxxxx>
> Cc: Ira <ist@xxxxxx>; Real traders <realtraders@xxxxxxxxxxxx>
> Date: Thursday, July 29, 1999 1:19 PM
> Subject: Re: economy - Debt - or is it really?
>
>
> >That's interesting. I am paying 60% of my salary to the government who
in
> >turn owes that money to me. Funny, I always seem to make the payment
every
> >year around April 15th, but I don't seem to ever get any of it back, and
in
> >fact am told that I need to pay more each year to help fund this peculiar
> >accounting situation you have described. Could it be that this is not
the
> >correct answer? Any more guesses?
> >
> >> funny, no one ever says whom
> >> this debt is owed to?
> >>
> >> Kohath
> >>
> >> It's is owed to 'you', through pension funds for your retirement,
> >> insurance companies to pay out on life insurance, zeroes held to pay
for
> >> college, Treasury Bills held by corporations in which you hold stock.
> >> Thru direct and indirect means, the American people are the main
holders
> >> of Treasury debt.
> >>
> >> That is why I feel there is not enough attention paid to the relatively
> >> small percentage of debt held abroad. This fraction (I think someone
> >> here stated 13%, but I admit I don't have a figure handy) is the part
> >> without the 'owing money to myself' effect.
> >>
> >> Regards
> >> DanG
> >>
> >
>
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