Jester is competing with Millionday for LONGEST CHAT POSTS

[Jester] HAPPY SUNDAY EVERYONE... JUST LIKED TO POP IN AND SAY HI...

[SoldierofChrist] Jester everything is leading to an interesting month to say the least

[Jester] SoldierofChrist I MAY TAKE THAT A STEP FURTHER TONIGHT... WE'LL SEE...

[Jester] OKAY WE HAVE TO GET STARTED OR WE ARE NOT GOING TO GET IT DONE TONIGHT... EVERYONE ELSE WILL HAVE TO READ IT IN THE FORUM...

[Jester] THIS THING IS LOOOOONNNNNGGG... GET READY...

[Jester] THIS POST IS AN UPDATE TO A PREVIOUS POST I MADE BACK IN APRIL OF THIS YEAR... I FINALLY HUNTED THE THING DOWN SINCE MANY HAVE BEEN ASKING FOR IT LATELY... BUT I HAD TO MAKE SOME CHANGES SINCE THAT WAS HOW WE SAW THINGS BACK IN APRIL AND NOW WE KNOW DIFFERENT.
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[Jester] GOOD TO UPDATE THE THINKING I SUPPOSE...

[Jester] THE FIRST PART IS A HISTORY LESSON THAT HELPS YOU UNDERSTAND WHAT HAPPENED BEFORE TO MAKE IT EASIER TO UNDERSTAND WHAT IS GOING ON NOW... THEN WE WILL FOLLOW UP INTO THE BIG PICTURE FROM THE REPUBLIC STANDPOINT..
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[Jester] PART 1... A BIT OF HISTORY...

[Jester] THE FOLLOWING BACKGROUND IS CLIFF NOTES FROM THE HIDDEN SECRETS OF MONEY WHICH I HAVE FOUND TO BE THE MOST CONCISE AND UNDERSTANDABLE REVIEW OF HOW THIS ALL WORKS... TAKE A GANDER AT THE WHOLE THING SOMETIME... IT WILL STILL TAKE SOME STUDYING TO GET IT ALL BUT THIS IS THE BEST I COULD FIND TO HELP KEEP IT SIMPLE AND UNDERSTANDABLE... BECAUSE IT IS FAIRLY COMPLICATED TO BEGIN WITH...

[Jester] THE REASON I AM PUTTING THIS IN HERE IS BOTH TO GIVE YOU SOME BACKGROUND ON WHAT HAPPENED AND HOW WE HOPE TO REVERSE THE PROCESS SYSTEM... AND ALSO BECAUSE I KNOW MOST OF YOU WILL NOT WATCH AND STUDY THE VIDEO BUT MIGHT ACTUALLY READ THIS...

[Jester] STEP 1 - BONDS... TREASURY BONDS THAT IS...

[Jester] POLITICIANS VOTE FOR THE COUNTRY TO SPEND MORE THAN IT'S INCOME... TO PAY FOR THINGS THEY WANT OR WHATEVER.. THIS IS CALLED DEFICIT SPENDING...

[Jester] TO PAY FOR THE DEFICIT SPENDING THE UST BORROWS CURRENCY BY ISSUING A BOND...

[Jester] A BOND IS A GLORIFIED IOU... IT SAYS LOAN ME MONEY TODAY AND I WILL PAY IT BACK WITH INTEREST OVER TIME...

[Jester] THE SAD PART IS... THE TREASURY BONDS ARE THE NATIONAL DEBT... AND THE BONDS ARE PAID BACK BY FUTURE TAXATION FROM YOU AND ME AND OUR CHILDREN...

[Jester] SO THIS WHOLE SCENARIO IS SIMPLY STEALING THE FUTURE PROSPERITY OF THE PEOPLE SO THE GOVERNMENT CAN SPEND IT TODAY...

[Jester] SO ANYWAY... THE GOVERNMENT ISSUES THE BOND...

[Jester] THEY HOLD A BOND AUCTION... THE WORLDS LARGEST BANKS SHOW UP AND COMPETE TO BUY PART OF THE NATIONAL DEBT... AND MAKE A PROFIT ON BY EARNING THE INTEREST ON THE BOND...

[Jester] PART 2 - CREATING CURRENCY...

[Jester] NOW COMES OPEN MARKET OPERATIONS... THIS IS WHERE THE BANKS GET TO SELL SOME OF THE BONDS TO THE FEDERAL RESERVE AT A PROFIT...

[Jester] THE FEDERAL RESERVE USES A CHECK TO PAY FOR THE BONDS...

[Jester] NOW TAKE NOTE THAT THE CHECK SHOULD BOUNCE BECAUSE THE FEDERAL RESERVE DOES NOT HAVE THE CASH IN THEIR ACCOUNT TO BACK UP THE CHECK... THERE IS NOT ONE PENNY IN THERE...

[Jester] TO QUOTE THE BOSTON FEDERAL RESERVE... "WHEN YOU OR I WRITE A CHECK THERE MUST BE SUFFICIENT FUNDS IN OUR ACCOUNT TO COVER THE CHECK, BUT WHEN THE FEDERAL RESERVE WRITES A CHECK THERE IS NO BANK DEPOSIT ON WHICH THAT CHECK IS DRAWN. WHEN THE FEDERAL RESERVE WRITES A CHECK IT IS CREATING MONEY"

[Jester] SO...THE FED GIVES THE CHECKS TO THE BANKS... AND THIS IS WHERE CURRENCY JUST SPRANG INTO EXISTENCE... THEY APPLY THE CREDIT TO THEIR ACCOUNT...

[Jester] NOW... THE CHECK IS JUST ANOTHER IOU... SO REALLY THE UST AND THE FED ARE SWAPPING THE IOUS USING THE BANKS AS MIDDLE MEN TO CREATE CURRENCY...

[Jester] REPEAT AND REPEAT OVER AND OVER... THE BANKS GET RICH... AND THE NATIONAL DEBT GOES UP AND UP...

[Jester] IT USED TO BE DIFFERENT BACK BEFORE THE FED... THE NOTES USED TO BE TRADEABLE FOR REAL MONEY... GOLD OR SILVER... YOU COULD TRADE A $20 BILL FOR A $20 GOLD PIECE...

[Jester] BUT ANYWAY... BACK TO THE STORY...

[Jester] SO NOW THE CURRENCY IS BASICALLY A RECEIPT OR CLAIM CHECK FOR AN IOU.. THE BOND... SO IT IS REALLY NOTHING MORE THAN A SUPPLY OF NUMBERS IN THE SYSTEM...

[Jester] STEP 3 - THE GOVERNMENT SPENDS THE NUMBERS...

[Jester] SO NOW THE FED TAKES THE NEWLY CREATED CURRENCY AND DEPOSITS THEM IN THE GOVERNMENT... SO THEY CAN USE IT FOR THEIR DEFICIT SPENDING...

[Jester] THEY USE IT TO PAY THE GOVERNMENT EMPLOYEES AND CONTRACTORS AND SOLDIERS AND WHATEVER THEY ARE DOING...

[Jester] STEP 4 - THE BANKS MULTIPLY THE NUMBERS…

[Jester] SO NOW THE GOVERNMENT EMPLOYEES AND CONTRACTORS AND SOLDIERS OR WHATEVER TAKE THE CURRENCY TO THE BANK AND DEPOSIT IT INTO THEIR ACCOUNT...

[Jester] THEN THERE IS FRACTIONAL RESERVE LENDING... IT IS JUST WHAT IT SAYS... BANKS ARE ALLOWED TO RESERVE A FRACTION OF YOUR DEPOSIT AND LOAN THE REST OUT... FOR INSTANCE FOR A RESERVE RATIO OF 10%... THEY HAVE TO KEEP $10 IN CASE YOU WILL LIKE TO HAVE SOME BACK... BUT THEY CAN LOAN THE OTHER $90 OUT IN LOANS...THE BANK LEAVES A BANK CREDIT IN THE DRAWER FOR THE $90...

[Jester] FROM THE FEDERAL RESERVE OF NEW YORK... "COMMERCIAL BANKS CREATE CHECKBOOK MONEY WHENEVER THEY GRANT A LOAN, SIMPLY BY ADDING NEW DEPOSIT DOLLARS IN ACCOUNTS ON THEIR BOOKS IN EXCHANGE FOR A BORROWERS IOU."
[Jester] SO WHEN THEY ISSUE A LOAN THESE ARE NOTHING MORE THAN NUMBERS THE BANK TYPES INTO THE COMPUTERS... AND NOW THERE IS MORE MONEY IN EXISTENCE...

[Jester] THE BORROWER TAKES THE MONEY AND BUYS SOMETHING... AND NOW WHOEVER GOT PAID THAT MONEY TAKES IT BACK TO THE BANK... WASH RINSE AND REPEAT... AND THE MONEY GETS RE-DEPOSITED AND RE-LENT OVER AND OVER AND GROWS EACH TIME...

[Jester] TO GIVE YOU IDEA OF HOW MUCH MONEY IS CREATED THIS WAY... IT IS ESTIMATED THAT 92-96% OF THE CURRENCY SUPPLY IS NOT CREATED BY THE GOVERNMENT... HOLY CRAP...

[Jester] THE MORE CURRENCY WE HAVE THE MORE PRICES RISE... WHICH IS WHERE INFLATION COMES FROM.. THE TRUE DEFINITION OF INFLATION IS AN EXPANSION OF THE CURRENCY SUPPLY... THE RISE IN PRICES ARE JUST THE SYMPTOM...

[Jester] SO... THE ENTIRE CURRENCY SUPPLY IS NOTHING BUT THE UST AND FED SWAPPING IOUS AND CREATING IT FROM THIN AIR... AND A BUNCH OF NUMBERS THAT THE BANKS TYPE INTO THEIR COMPUTERS... SOME OF THEM PRINTED... MOST OF THEM TYPED... AND THERE IS NOTHING ELSE...

[Jester] BUT IF YOU THINK THAT IS THE SCAM GET READY TO ENTER THE TWILIGHT ZONE...

[Jester] STEP 5 - OUR NUMBERS ARE TAXED...

[Jester] THE PEEPS WORK FOR SOME OF THAT CURRENCY SUPPLY... WE WORK HARD FOR OUR WAGES TO GET AND HOPEFULLY SAVE SOME OF IT...

[Jester] AND WE PAY A DANG TAX ON THIS TO THE IRS... WHO TURNS IT OVER TO THE TREASURY... SOME OF IT ANYWAY BUT THAT IS ANOTHER STORY... SO THEY CAN PAY THE PRINCIPLE AND INTEREST ON THE BOND THAT THE FEDERAL RESERVE BOUGHT WITH A CHECK DRAWN ON AN ACCOUNT WITH NOTHING IN IT...

[Jester] NOW THE FEDERAL RESERVE IS COMMITTING FRAUD... PRIOR TO THE CREATION OF THE FEDERAL RESERVE IN 1913 THERE WAS NO INCOME TAX... THAT SAME YEAR THE CONSTITUTION WAS AMENDED TO ALLOW INCOME TAX... AND THE IRS CAME INTO EXISTENCE...

[Jester] THIS WAS NOT A COINCIDENCE... THEY ARE SIPHONING YOUR MONEY OFF TO THE OWNERS OF THIS SYSTEM... AND YES THIS SYSTEM HAS OWNERS...

[Jester] SUCKS TO BE US... BUT I DIGRESS... A COUPLE MORE THINGS AND WE WILL BE DONE...

[Jester] THIS IS PART OF THE PROBLEM THAT I AM GOING TO USE LATER ON IN THE POST SO YOU HAVE TO UNDERSTAND IT OR YOU WILL NOT UNDERSTAND HOW THE BIG PICTURE WORKS... SO PAY ATTENTION...

[Jester] STEP 6 - THE DEBT CEILING...

[Jester] INTEREST IS DUE ON THE BOND AT THE UST... AND INTEREST IS ALSO DUE ON ALL THE LOANS THAT THE BANKS MADE... REMEMBER THE TWO PARTS NOW... WHICH MEANS THERE IS INTEREST DUE ON EVERY DOLLAR IN EXISTENCE...
[Jester] NOW IF YOU ALWAYS HAVE TO BORROW A DOLLAR INTO EXISTENCE TO PAY THE DEBT ON THE ORIGINAL DOLLAR YOU CAN NEVER CATCH UP... THE RESULT IS... THERE IS ALWAYS MORE DEBT IN THE SYSTEM THAN THERE IS CURRENCY IN THE SYSTEM TO PAY THE DEBT...

[Jester] TO ILLUSTRATE THIS... IMAGINE BORROWING JUST ONE DOLLAR INTO EXISTENCE... JUST ONE... THAT YOU ARE GOING TO PAY BACK WITH INTEREST LATER... NOW COMES TIME TO PAY THAT... WHERE DOES IT COME FROM?

[Jester] GUESS WHAT... YOU HAVE TO BORROW THE SECOND DOLLAR INTO EXISTENCE TO PAY FOR THE FIRST ONE... BUT NOW YOU OWE ON THE SECOND ONE... AND SO ON AND SO ON...

[Jester] THAT IS HOW THE SYSTEM IS DESIGNED... AND THIS SYSTEM IS GOING TO COME TO AN END AT SOME TIME... JUST FROM THE SHEER WEIGHT OF ITSELF...

[Jester] SO... WHAT DO YOU THINK WOULD HAPPEN IF THE UST STOPPED BORROWING TO DO DEFICIT SPENDING? OR WHAT DO YOU THINK WOULD HAPPEN IF THE PUBLIC STOPPED BORROWING MORE MONEY AND GOING INTO DEBT? THE PAYMENTS DO NOT STOP... YOU STILL HAVE TO PAY THEM...

[Jester] SO... IF WE STOP BORROWING... THEN NO NEW CURRENCY IS BEING CREATED TO REPLACE THE CURRENCY THAT WE NEED TO MAKE THOSE PAYMENTS... REMEMBER THE EXAMPLE ABOVE?

[Jester] NOW... WHEN THE PAYMENTS ARE MADE ON THE BONDS OR A LOAN... THE PART OF THE PAYMENT THAT GOES TO PAY OFF THE PRINCIPLE EXTINGUISHES THAT PART OF THE DEBT... BUT THE DEBT ALSO EXTINGUISHES THE CURRENCY...

[SoldierofChrist] Jester awesome and vital report

[Jester] SoldierofChrist YOU SHOULD WATCH THE VIDEOS OVER AND OVER UNTIL YOU UNDERSTAND THEM AND CAN TELL PEOPLE WHAT THEY ARE ABOUT...

[SoldierofChrist] Jester I will start the videos tonight

[Jester] OK... LONG WAY TO GO... HALFWAY THERE... THIS PART WILL BE MORE INTERESTING... I CAN PROMISE YOU THAT...

[Jester] PART 2 - THE BIG PICTURE... FOR THE REPUBLIC ANYWAY...

[Jester] SO BY NOW YOU ARE WONDERING WHY I FELT IT NECESSARY TO TELL YOU ALL THAT STUFF... THERE WAS A POINT TO IT... FOR IN ORDER TO UNDERSTAND THE REST YOU MUST UNDERSTAND THAT PART...
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[Jester] HOPE YOU FOLLOWED ALONG...

[Jester] SO ASK YOUR SELF WHAT THE HECK COULD WE DO... IF WE HAD THE POWER TO DO IT... TO RID OURSELVES OF THIS SYSTEM?

[Jester] THE ANSWER IS ACTUALLY PRETTY SIMPLE... YOU HAVE TO HAVE A NEW SYSTEM...

[Jester] HOWEVER... THE MECHANICS OF MAKING THAT HAPPEN ARE A LITTLE BIT MORE COMPLICATED... TAKES A HUGE AMOUNT OF MONEY TO GET OUT FROM UNDER THE ONE WE HAVE...

[Jester] YOU WOULD HAVE TO HAVE ENOUGH OF SOME SORT OF ASSET TO PAY OFF ALL THE DEBT AND ZERO THINGS OUT... BECAUSE THE DEBT DOES EXIST AND NO MATTER HOW IT GOT THERE IT MUST STILL BE PAID OFF...

[Jester] SO ENTER THE BIG PICTURE... FOR THE REPUBLIC ANYWAY... NOT THE WORLD VIEW FOR NOW... JUST THE US... LET'S GET STARTED...

[Jester] NOW IT IS TIME TO RE-INTRODUCE THE PLAYERS FROM BEFORE... THE ONES IN THE SCENARIO THAT WE CARE ABOUT... AND A NEW PLAYER THAT I DID NOT ACCOUNT FOR BEFORE... SHOULD HAVE KNOWN BETTER...

[Jester] PLAYER... THE US TREASURY... THEY ARE THE ONES CREATING THE BONDS... AND THEREFORE THE ONES CREATING THE DEBT... THE DEBT THEY ARE CREATING THAT HAS TO BE REPAID IS THE NATIONAL DEBT...

[Jester] PLAYER... THE FEDERAL RESERVE BANK... NOW REMEMBER THEY ARE THE ONES CREATING THE MONEY TO PAY FOR SOME OF THE BONDS... NOT ALL BUT SOME... AND SO WE DO OWE PART OF THE DEBT TO THEM... IT IS WHAT IT IS... NOT TO OVERSIMPLIFY THINGS BUT THAT IS THE BRUNT OF IT... THEY OWN ABOUT 12% OF THE NATIONAL DEBT...

[Jester] ENTER THE OTHER PEEPS THAT BUY PART OF THE NATIONAL DEBT THAT DOES NOT GO TO THE FEDERAL RESERVE AS PART OF THE PREVIOUS DISSERTATION ABOVE...

[Jester] PLAYER(S)... CHINA IS ANOTHER PLAYER HERE AS WELL AS SOME OTHER COUNTRIES THAT MAY BE INVOLVED... CHINA OWNS ABOUT 8% OF THE NATIONAL DEBT... JAPAN OWNS ABOUT 7%... AND OTHER COUNTRIES AT THIS TIME OWN ABOUT 19% OF THE DEBT... NOW THIS IS A WHOPPING 34% OF THE DEBT OR NEARLY 6 TRILLION BUCKS WORTH... SO A LARGE NUMBER...

[Jester] SIDE NOTE... I KNOW THAT LEAVES A LARGE PERCENTAGE OF THE DEBT STILL HELD BY OTHERS BUT THEY ARE NOT INVOLVED IN THIS PARTICULAR SCENARIO AND CANNOT HELP IT SO THEY ARE OF NO REAL INTEREST IN MY THINKING AT THIS TIME... BUT IT SHOULD BE NOTED THAT THIS SCENARIO SHOULD NOT LEAVE THEM OUT SO I WILL COME BACK TO THAT...

[Jester] GOT THAT INFORMATION HERE BTW...
http://www.factcheck.org/2013/11/who-holds-our-debt/

[Jester] PLAYER... YOU... LITTLE LOWLY DINAR HOLDER... HOPING TO MAKE A BAZILLION DOLLARS ON YOUR INVESTMENT...

[Jester] LAST PLAYER... AND THIS IS AN ADDITIONAL PLAYER FROM LAST TIME... IRAQ... LIKE I SAID.. SHOULD HAVE KNOWN BETTER... THEY HAVE A LOT OF DINAR OUT AND ABOUT THAT THEY WILL HAVE TO HANDLE SOMEHOW... AND THIS IS A HUGE AMOUNT DUE TO OVERPRINTING AND THE OTHER THINGS YOU HAVE HEARD...

[Jester] SOOO... AS I DID BEFORE WE WILL DETAIL WHAT THE PLAYERS WOULD LIKE TO GET OUT OF THIS... AND ONCE AGAIN... KEEP IN MIND NOT ALL WILL GET WHAT THEY LIKE...

[Jester] THE US TREASURY... THE REPUBLIC IF YOU WILL... WOULD LIKE TO GET OUT FROM UNDER THIS FRAUD THAT HAS BEEN PERPETRATED ON THE AMERICAN PEOPLE AND GET BACK TO THE CONSTITUTIONAL PREMISE THAT OUR MONEY SHOULD BE GOLD AND ASSET BACKED...

[Jester] THE FEDERAL RESERVE... THEY WILL LIKE THINGS TO STAY THE SAME AS THEY ARE NOW... BUT I THINK THEY ARE REALIZING IT CANNOT LAST AND ARE TRYING TO KEEP HOLD OF AS MUCH OF A PART OF IT AS THEY CAN... TOO BAD BUT I BELIEVE THEY DO SEE THE END OF THE SYSTEM AND THAT IS WHY THEY ARE FIGHTING SO HARD...

[Jester] THE COUNTRIES... THEY WILL LIKE TO TRADE THEIR PORTION OF THE DEBT FOR SOMETHING THAT IS WORTH SOMETHING... SINCE ALMOST EVERYONE CAN SEE THE END OF THE DOLLAR COMING I AM GUESSING THEY CAN TOO... AND WOULD LIKE TO HAVE SOMETHING OF VALUE INSTEAD OF THE FIAT CURRENCY... OR PROMISE OF SAME SOMETIME LATER... WHAT IS OWED IS FRN OBVIOUSLY...

[Jester] THE PEEPS... AS PREVIOUSLY STATED THE LITTLE DINAR HOLDERS ALL OVER WILL LIKE TO CASH OUT AND LIVE IN PEACE... SOME MAY HELP THE REST OF THE SITUATION IN THE US BY HELPING OTHERS... SOME WILL SPEND INTO OBLIVION AND HELP THE ECONOMY... BUT EITHER WAY IT WILL HELP...

[Jester] IRAQ... THEY WILL LIKE TO HAVE A PLAN TO REPATRIATE THE DINAR THAT IS ALL OVER THE PLACE... AS STATED PREVIOUSLY IT HAS BEEN OVERPRINTED... AND OTHERWISE HAS TO BE ACCOUNTED FOR... AND THEY WILL LIKE TO DO IT AS EASILY AND CHEAPLY AS POSSIBLE...

[Jester] SO... HOW WILL EACH GETTING WHAT THEY WILL LIKE TO HAVE BE ACCOMPLISHED?

[Jester] ENTER THE OIL CREDITS... AND THIS IS WHAT WILL HELP GET ALL THIS DONE... THE AGREEMENT TO TRADE SOME DINAR FOR OIL CREDITS AND TRADE THEM TO THOSE THAT NEED THEM FOR DEBT AND AT THE SAME TIME GET DINAR OFF THE STREETS THAT IS EASY TO REPATRIATE AND CHEAP TO ACCOUNT FOR...

[Jester] NOW HERE IS WHERE THINGS DEVIATE FROM THE LAST TIME I POSTED ABOUT THIS... IT REALLY HAS NOTHING TO DO WITH THE FEDERAL RESERVE EXCEPT TO PAY THEM OFF... BUT WE HAVE LEARNED MUCH SINCE LAST APRIL WHEN I LAST POSTED ABOUT THIS AND MORE INFORMATION HAS BEEN KICKED AROUND ABOUT IT...

[Jester] SO... LET'S PUT SOME OF THE PIECES IN THE PUZZLE TOGETHER...

[Jester] AS I SAID BEFORE... THE US TREASURY IS THE ONE THAT ISSUED THE BONDS... THE NATIONAL DEBT IS THEIRS (AND OURS OF COURSE)... THIS HAS NOTHING TO DO WITH THE FEDERAL RESERVE...

[Jester] AND THE US TREASURY ALSO HAS THE OIL CREDIT CONTRACTS... THIS IS BECAUSE THE US REPUBLIC IS THE HOLDER OF THE CONTRACTS... NOT THE FEDERAL RESERVE... AT THIS POINT YOU REALLY NEED TO DIVORCE THE US TREASURY AND THE FEDERAL RESERVE...

[Jester] SO SIMPLY WHY NOT TRADE THE DEBT... TREASURY BONDS... OR AT LEAST SOME OF IT... FOR OIL CREDITS?...

[Jester] SEEMS LIKE A GOOD THING TO DO... AFTER ALL THEY HAVE THE OIL CREDIT CONTRACTS... AND THEY KNOW THAT OTHER COUNTRIES WILL LIKE TO HAVE THEM SO THEY CAN GET A BETTER PRICE ON OIL... AND WE DON'T HAVE TO HAVE THEM AS WE WOULD BE SELF SUFFICIENT IF WE WERE NOT SELLING TO THOSE OTHERS THAT DIDN'T HAVE ANY OIL... AND INSTEAD WE TRADED THE OIL CREDITS TO THEM... MAKES SENSE...

[Jester] SO WHERE DOES AN OIL CREDIT COME FROM ANYWAY?... INTERESTINGLY ENOUGH THAT IS NOT SOMETHING ANYONE TALKS ABOUT... THE US GOVERNMENT HAS AN OIL CREDIT CONTRACT WORTH SO MUCH... TO ENABLE THE OIL CREDIT HOLDER TO BUY A BARREL OF OIL AT A PREDETERMINED RATE... IN THIS CASE I HAVE HEARD IN THE $30-32 RANGE PER BARREL... AND THEY HAVE TO TRADE SO MANY DINAR FOR SO MANY OIL CREDITS ACCORDING TO THE CONTRACT... SO IT IS WORTH SOME MONETARY VALUE DEPENDING ON THE VALUE OF THE CURRENCY BEING APPLIED TO GET IT...

[Jester] I AM NOT GOING INTO THE DETAILS OF WHAT WE THINK THE NUMBERS ARE BECAUSE IT IS ALL THEORETICAL CONVERSION AND WE MIGHT BE OFF A BIT AND I DON'T LIKE TO TAKE A RATION OF CRAP OVER IT... BUT THE NUMBERS ARE HUGE... AND IT WOULD BE MOSTLY SPECULATION ON THE ACTUAL VALUE ANYWAY... SO IT IS WHAT IT IS...

[Jester] SUFFICE TO SAY TO THE NAYSAYERS THAT CONTINUE TO POSTULATE THERE IS NOT ENOUGH MONEY IN THE WORLD TO REPATRIATE ALL THE DINAR OUT THERE... THAT THIS SCENARIO WOULD WORK TO REDUCE THE NUMBERS SIGNIFICANTLY...

[Jester] SO THE MATH IS THERE IN THEORY... MOSTLY BECAUSE THE OIL THAT IS BEING SUPPLIED IS WAY CHEAPER THAN THE OIL CREDIT VALUE AND WHAT HAD TO BE PAID FOR IT TO BEGIN WITH... WHICH IS DINARS... YOU CONVERT A CERTAIN AMOUNT OF DINARS TO A CERTAIN VALUE OF OIL CREDITS... WHICH IS PAYING SOMETHING WORTH SOMETHING FOR SOMETHING THAT IS VALUABLE... WHICH CAN THEN BE SUPPLIED VERY CHEAPLY...

[Jester] TO MAKE THIS MAKE SENSE I WILL POSTULATE AN EXAMPLE... OIL CREDITS OF $30/BARREL... WORTH WHATEVER THE GOING RATE FOR OIL IS... ABOUT $70 TODAY BUT HISTORICALLY AS MUCH AS $115... SPRING INTO EXISTENCE FOR A VALUE OF X NUMBER OF DINARS... AND A BARREL OF OIL IS SOME $5 TO PRODUCE... SO INSTEAD OF REPATRIATING DINAR AT WHATEVER THE STREET RATE WILL BE THEY TRADE X DINAR FOR AN OIL CREDIT THAT SOMEONE ELSE VALUES MUCH HIGHER TO GET IT... AND GET OUT OF THE WHOLE THING WAY MORE CHEAPLY... THE DINAR IS TRADED IN AND CONVERTED TO AN OIL CREDIT FOR A CHEAP SUPPLY OF OIL... IRAQ GETS OUT AT A FRACTION OF WHAT IT WOULD COST TO TAKE IN THE DINAR ON THE STREET RATE...

[Jester] THIS ALONE SHOULD LET YOU SEE THE VERACITY OF THIS SCENARIO...

[Jester] SO... NEXT ISSUE... IF YOU WERE THE UST AND YOU HAVE A CONTRACT... HOW WOULD YOU GET YOUR HANDS ON THE DINAR TO CONVERT TO OIL CREDITS?... ESPECIALLY IF YOU LIKED TO DO SOMETHING ON A HUGE SCALE...

[Jester] THE PEEPS HAVE THE DINAR... AND AGAIN... THE UST HAS SOME TOO BUT WHY STOP THERE? LET'S DO SOMETHING REALLY BIG AND SEE IF WE CAN GET OUT OF THIS HOLE THE PREVIOUS GOVERNMENT ADMINISTRATIONS GOT US INTO FOR THE LAST 100 YEARS... SCUMBAGS...

[Jester] SO THE PEEPS HAVE THE DINAR... AND IF SMART HAVE JOINED A GROUP OR WILL BE PARTICIPATING IN THE KNOWN GROUPS THAT HAVE NOT BEEN ASSEMBLED YET... I AM NOT GOING TO GO IN DETAIL ON THE GROUPS AND SINCE EVERYONE KNOWS THEY EXIST IT IS A MOOT POINT...

[Jester] HOWEVER YOU MUST ALSO NOTE THAT THE BANK IS NOT A GROUP... AND THEY DO NOT HAVE A DEAL WITH ANYONE TO DO ANYTHING BUT CASH PEOPLE OUT... THEY ARE A BANK... THAT IS WHAT THEY DO... SO THEY ARE OF NO HELP IN THIS PARTICULAR SCENARIO...

[Jester] THIS SHOULD ALSO EXPLAIN WHY GROUPS WOULD GET A BETTER DEAL THAN THE STREET RATE... IF YOU EXCHANGE AT THE STREET RATE THE DINAR IS NOT ABLE TO BE CONVERTED TO OIL CREDITS... IT JUST GOES INTO THE BANK AND THE CURRENCY IS CONVERTED...

[Jester] SO... THE UST MAKES A DEAL WITH THE GROUPS... OR MORE PROBABLY... ACTUALLY STARTS THE SCENARIO... MAKING IT AVAILABLE... AND THEN THE GROUPS ARE FORMED AND VETTED AND TAKE IN ANYONE THAT WILL LIKE TO PARTICIPATE...

[Jester] ANYONE NOT TOO SCARED TO DO IT THAT IS... WHICH LEADS ME TO BELIEVE THAT THE BAD GUYS THAT MIGHT KNOW ALL THIS JUST MIGHT PUT OUT A BUNCH OF BS FOR CERTAIN GURUS TO SPOUT OUT AND ABOUT TO TRY AND KEEP IT FROM HAPPENING... YOU KNOW... DISPARAGE THE GROUPS AND SCARE THE CRAP OUT OF THE PEOPLE TO KEEP THEM FROM PARTICIPATING... HMMMM... FOOD FOR THOUGHT... BUT THAT IS ANOTHER STORY... JUST SAYING...

[Jester] SO NOW THE UST HAS ACCESS TO A LOT LARGER AMOUNT OF DINAR... IN ADDITION TO IT'S OWN... TO CONVERT TO OIL CREDITS... WHICH MEANS A LOT MORE OIL CREDITS TO TRADE FOR DEBT... THIS IS GETTING BETTER ALL THE TIME FOR THE REPUBLIC...

[Jester] THE REASON WHY IS SIMPLE... THERE IS REPORTEDLY MUCH MUCH MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN THERE IS DEBT OUT THERE... THERE ARE TRILLIONS OF DINAR PRINTED AND WHEN CONVERTED THAT SHOULD TAKE CARE OF THE DEBT... I BELIEVE THIS IS THE SAME THING CLINTON DID BACK IN THE DAY HE WAS JUST TOO CHICKEN TO GET RID OF THE FEDERAL RESERVE...

[Jester] SO... THERE IS A LOT MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN WE HAVE DEBT... SO WHY NOT GO AHEAD AND TRADE IT TO THOSE THAT WILL LIKE TO HAVE IT FOR GOLD OR ASSETS OR WHATEVER... MAYBE CHINA LOANS US SOME TO START THE WHEELS ROLLING AND THEY GET PAID BACK WITH OIL CREDITS... IF THEY USED GOLD AT THIS LOW PRICE TO DO IT THEN IT WOULD BE WORTH IT... SO MAYBE THAT EXPLAINS SOME OF THE MANIPULATION TOO...

[Jester] OR MAYBE SOME OF THE OTHER AVENUES WE ARE ALSO AWARE OF THAT WILL BE HELPING FUND THE REPUBLIC US TREASURY WILL KICK IN AT THE APPROPRIATE TIME TO HELP GET THINGS STARTED... THAT WOULD MAKE SENSE SINCE SHOULD THEORETICALLY BE AVAILABLE AT THE TIME AND WOULD HELP...

[Jester] THIS WOULD ALSO HELP DEFINE A TRN SPRINGING INTO EXISTENCE RATHER THAN AN FRN... SINCE IT HAPPENED AT SOME ASSET BACKED RATE IN THE US TREASURY AND NOT THE FEDERAL RESERVE TO START WITH...

[Jester] NOW... SOME MIGHT COME BACK AS FRN... IF THE COUNTRIES ARE HOLDING A HUGE AMOUNT OF IT WHY NOT TRADE THAT TOO AND GIVE IT BACK TO THE FEDERAL RESERVE AS PAYMENT FOR THEIR PART OF THE DEBT... IN OTHER WORDS GIVE THEM BACK THEIR FIAT MONEY WHICH IS WHAT WE OWE IN THE FIRST PLACE... I LIKE THAT PART... GIVE THEM THEIR WORTHLESS CURRENCY BACK... HAHAHAHAHA...

[Jester] SO ANYWAY... BACK TO SUM UP IRAQ...

[Jester] AS YOU CAN IMAGINE... THIS IS A PRETTY GOOD DEAL FOR IRAQ... NOT ONLY ARE THEY GETTING OUT A LOT CHEAPER TO REPATRIATE THE DINARS... THE OIL CREDITS WILL NOT BE USED ALL AT ONCE OR EVEN SOON... AND THIS STRETCHES OUT THE PAYMENTS OF THE OIL CREDITS OUT OVER A LONGER PERIOD OF TIME MAKING IT EVEN EASIER TO PAY IT OFF...

[Jester] AND SINCE EVERYONE OUT THERE IS ASSUMING THAT IRAQ MUST RV BEFORE ANYTHING ELSE CAN HAPPEN... THIS IS ALSO HOW THINGS CAN GET STARTED WITHOUT AN RV... CONTRACTS THAT ARE ALREADY THERE... JUST SAYING...

[Jester] NOW... BACK TO THE START... WHY DID I MAKE YOU SUFFER THROUGH THE INITIAL PROCESS OF HOW THE FEDERAL RESERVE WORKS AND THEIR ASSOCIATION WITH THE US TREASURY?

[Jester] THE ANSWER IS THAT YOU NEEDED TO UNDERSTAND HOW THINGS ARE CONNECTED... OR IN THIS CASE POTENTIALLY NOT CONNECTED... THAT WAY YOU REALLY UNDERSTAND HOW THE THINGS THAT HAPPEN LATER CAN ACTUALLY WORK TO EVERYONE'S ADVANTAGE... AND HOW THE US TREASURY AND REPUBLIC IF YOU WILL... COMES BACK INTO OPERATION...

[Jester] IF YOU DIDN'T KNOW THAT HISTORY I AM NOT SURE ALL THIS WOULD HAVE MADE SENSE TO YOU...

[Jester] SO BASICALLY... FROM IRAQ'S STANDPOINT A HUGE AMOUNT OF DINAR IS TAKEN UP FOR A CHEAP SUPPLY OF OIL... THEY SUPPLY THE OIL CHEAPLY TO THE OIL CREDIT HOLDER...

THE OIL CREDIT HOLDER IS HAPPY TO BE GETTING THE OIL FOR THE OIL CREDIT PRICE... AND THAT EXPLAINS HOW THE US TREASURY GETS FUNDED AS THE REPUBLIC...

AND NOW EVERYONE CAN BE HAPPY WITH THE REPUBLIC PART OF THE BIG PICTURE... AND THE LITTLE PEEPS GET TO CASH OUT THEIR DINAR AND GET RICH...

[Jester] AND EVERYONE THERE IS HAPPY... EXCEPT FOR THE FEDERAL RESERVE... WHICH I HOPE GOES OUT AND SHOOTS ITSELF WHEN THIS IS ALL COMPLETED...

[Jester] THERE IS STILL WAY MORE TO THE WORLD VIEW OF THINGS BUT THAT WILL HAVE TO WAIT FOR ANOTHER TIME... HAHAHAHAHA

[Jester] SO ANYWAY... I KNOW IT WAS LONG... I HOPE IT MAKES SENSE... I HOPE YOU DIDN'T FALL ASLEEP... I HOPE YOU WILL STUDY THE HISTORY AND THE REST OF IT AND GET AN UNDERSTANDING OF WHAT IS GOING ON...

[Jester] IT HAS BEEN A TIME GETTING ALL THIS IN ONE PLACE TO MAKE SENSE... HOPEFULLY NOW YOU CAN ALSO SEE WHAT THE WORLD EVENTS ARE TRYING TO FORCE... AND WHY THE BAD GUYS ARE FIGHTING IT SO MUCH...

[texas1837] Jester wonderful lesson. I asked the question about deficit spending in college 40 years ago and my professor could not answer my question. You just did. tks

[pokerbrat] BRAVO BRAVO!!! INSTANT CLASSIC POSTS!

[mentoredlife] Jester Can you help fill in a gap for me. Why does only the UST have the oil credits?

[Jester] mentoredlife WHO INVADED IRAQ? WHO MADE THE RULES? WHO CONTROLLED THE THING FROM THE OUTSET?

[Betsy Ross] Jester that was another past post that you made.

[Jester] Betsy Ross TRUE... BUT SOME ARE NOT HERE ALL THE TIME AND IF THEY DON'T KEEP UP IN THE FORUM THEY MISS THINGS...

[kristi] Jester: So, why wouldn't they want all the dinar peeps in the groups of the UST. Whose advantage is it to get the street rate? Not Iraq and not the UST. "Who does that make sense to?"

[Jester] kristi SOME PEOPLE ARE SCARED TO GO THE GROUP WAY BECAUSE OF ALL THE BAD GURU PRESS ABOUT IT... NOT MY ISSUE... DID THE HOMEWORK... DEPENDS ON WHO YOU BELEIVE I SUPPOSE...

[Jester] I SUPPOSE THE HYPE HAS SOMETHING TO DO WITH IT TOO... IF YOU THINK YOU CAN GO TO THE BANK TOMORROW EVERY DAY WHY GO THERE... BUT HISTORY HAS PROVEN THAT IS ALL A LOAD OF BS... SO I CANNOT SAY WHY PEOPLE DON'T WAKE UP TO THAT ONE... HAHAHAHAHA

[SoldierofChrist] Jester should we be expecting an interesting week with all the pressures being built up
....

[Jester] SoldierofChrist I DOUBT THIS WEEK WILL HOLD ANY SURPRISES AT THE LEVEL YOU CAN SEE...

[kristi] I understand about trusting the group. What I don't understand is who is the profiteer from the street rate? It seems that it actually hurts Iraq as they have to put out currency rather than long term oil contracts. It wouldn't seem to matter to the UST. So who is making the money from the no groups?

[mentoredlife] Kristi I believe from Jester's description above it's the banks that benefit from you exchanging with them rather than as part of the group. Banks = Federal Reserve = Cabal. They profit from you not being part of a UST group.

[Jester] mentoredlife NOT SURE EVEN HOW MUCH PROFIT THAT IS SINCE IT IS THE STREET RATE... JUST THE FEES AFTER ALL...

[jbmeans] Jester so haven't the peeps in the groups been somewhat checked out, therefore trustworthy of the high rate and then they would not want to necessarily pay a high rate to those not in the group as "anyone" could then have access to huge sums of $?

[Jester] jbmeans THAT IS TRUE ENOUGH TOO.... AND THEY HAVE NO USE FOR THAT DINAR AS IT IS JUST IN THE SYSTEM IN THE BANK... THEY CANNOT GET AT THAT INDIVIDUAL PRIVATE TRANSACTION THE WAY I UNDERSTAND IT...

[Jester] IT WOULD BE WAY TOO CUMBERSOME AND NOT THAT EFFICIENT TO TRY TO CAPTURE THE INDIVIDUALS...

[jbmeans] Jester understood

[mentoredlife] Jester Good point. Although banks do make pretty good profits off of fees as it is. Why not take a cut of the IQD exchange if they can.

[texas1837] Jester so that would seem to be the way to go as an individual?

[Jester] THE GROUPS DO A TREMENDOUS AMOUNT OF WORK VETTING ALL THE INFORMATION AND GETTING IT READY FOR THEM...

[Jester] texas1837 YOUR OTHER OPTION IS STILL THE GENERAL64 GROUP... HOPEFULLY EVERYTHING IS WORKED OUT THERE AND THEY GET THAT DONE...

**********

[dave_144] Jester I just saw where the French president inferred the attack on Henbo was Illuminati. Have they lost control of one of their allies?

[Jester] dave_144 NOT SURE WHAT YOU MEAN... NOT ALL THE FRENCH ARE BAD GUYS ANY MORE THAN ALL AMERICANS ARE BAD GUYS EITHER... THE PEOPLE ARE NOT RUNNING THIS SHOW...

[Jester] LETS THINK FOR A MINUTE OF WHO BENEFITS FROM ALL THAT... CAUSES A LOT OF MISDIRECTION AND POINTS FINGERS THAT CAUSE DISSENSION... THAT WAS THE PURPOSE... ANOTHER FALSE FLAG WHERE INNOCENT PEOPLE DIED TO MAKE SOMEONE ELSE'S POINT AND GET RESULTS THEY LIKE TO HAVE... SAD REALLY... SEE THROUGH IT AND DO NOT BE HOODWINKED...

[dave_144] Jester I know we are running the show but I think it is very telling that Hollande almost calls the cabal out.

[dave_144] Jester I also see this as another problem created for the solution they want to impose on us to further erode our liberties, what we have left that is.

[Jester] UMMM... I THINK THAT IS PRETTY MUCH WHAT I JUST SAID ISN'T IT?

[dave_144] Jester Yep but do you think this shows they may be losing control of some of their puppets?

[Jester] dave_144 I AM NOT FOLLOWING YOUR REASONING... WHO IS THE THEY YOU ARE SPEAKING OF?

[dave_144] Jester The puppet masters

[Jester] dave_144 OK... NOT FOLLOWING YOUR LOGIC... I THINK IT WAS DONE ON PURPOSE... SO THEY ARE THE ONES THAT DID IT IN THE FIRST PLACE... HOW CAN YOU LOSE CONTROL OF SOMETHING YOU DID YOURSELF?

[dave_144] Jester So I guess Hollande was just following his script.

[Jester] dave_144 MAYBE I DO NOT SEE IT THE SAME AS YOU... TO ME IT LOOKS LIKE SOME BAD GUYS CAME IN AND KILLED SOME INNOCENT PEOPLE TO START A RIFT BETWEEN MUSLIMS AND FRENCH PEOPLE.. OR MUSLIMS AND WHOEVER... FOR THEIR REASONING THIS FALSE FLAG IS TO DECEIVE AND DISTRACT EVERYONE SOME MORE...

[dave_144] Jester I agree with you on that I just find it very telling that Hollande used the term "Illuminati" in referring to the extremist who committed this crime.

[Jester] ANYONE ELSE GOT QUESTIONS TONIGHT?

[ajmaudio] well if nobody has a good one I'll offer up a mediocre one???

[Jester] ajmaudio ANY QUESTION IS FINE... YOU ARE CRACKING ME UP....

[ajmaudio] Jester what do you think the odds are that somehow the PTB Have/Will work this "transitional" period out without a dramatic crash of some kind.. however that might.be..

[ajmaudio] maybe using proceeds form their own currency swap

[ajmaudio] so no big dollar crash.. more like a hiccup ... oh hey btw we have all this money and are going to fix the "bubble" etc

[Jester] ajmaudio MAN THAT IS REALLY A HARD ONE... I HAVE GONE BACK AND FORTH ON THAT ONE... RIGHT NOW I AM ON 50/50... BUT THE MORE THE EAST KEEPS WORKING FORWARD ON THE REPLACEMENT OF THE DOLLAR THE MORE I AM GOING TO MOVE TOWARD THE CRASH... AND HERE IS THE KICKER... A PERCENTAGE OF MY OPINION THAT IS SWAYING IS THE ONE THAT IS THINKING IT IS ALREADY PART OF THE PLAN...

[ajmaudio] I only ask as part of me thinks it makes sense that they would have something in the works to save face, and keep some loyalty, to perhaps carry on as it were to some point. I dunno...

[ajmaudio] ok.. so at least I am not alone in wondering

[ajmaudio] can I ask what makes you think its part of the plan?

[Jester] ajmaudio NOPE... IMAGINE THIS... YOU HAVE TWO SYSTEMS... NOT QUITE MUTUALLY EXCLUSIVE AT THIS POINT... THE UST AND THE FED... BUT YOU WILL LIKE TO MAKE THEM EXCLUSIVE IN THE END WITH ONE GOING AWAY... WHAT BETTER WAY TO ACCOMPLISH THAT THAN TO FUND ONE AND CRASH THE OTHER...

[ajmaudio] Looking at history... the PTB always find a way to cover their butts... and move along without tooooo much disturbance... somehow... and we are dumb enough to just take it and go along being squeezed for everything we have

[ajmaudio] I have thought about that... in that same line of thinking though... what if when they crash the one they are able to make a clean transition using funds obtained through this whole currency thing

[Jester] ajmaudio I HAVE TOLD YOU HOW THE UST COULD GET FUNDED ON SEVERAL OCCASIONS WITH THE OIL CREDIT SCENARIO... THE UST HAS THE CONTRACTS NOT THE FED... KEEP THAT IN MIND...

[ajmaudio] exactly.. so I guess.. in that scenario.. why would they truly "crash it" as in a hard crash...

[Hoosier Girl] And it takes the dollar out of some bad peoples hands to.. No one will want it....

[Jester] AND THERE ARE A LOT OF OTHER SCENARIOS THAT HAVE GONE BY THE WAY... AND THIS IS MY OPINION... I THINK FOR SOME REASONS THE PLANS HAVE CHANGED ALONG THE WAY SO THE FED WASN'T THE ONE COMING OUT ON TOP...THIS IS WHERE ALL THE DOLLAR REFUNDING STUFF GETS CLOUDY... AND I AM NOT GOING TO GO INTO A DISCUSSION OF ALL OF THAT... BUT THINGS CHANGE...

[ajmaudio] Just like you mentioned that the printing of another trillion dollars didn't even seem to make news.... makes you wonder

[ajmaudio] I guess we are in the same spot.. 50/50 but you have alot more to go on.

[ajmaudio] part of me is like... hold on to your britches... the other expects some ridiculous scenario where it all gets covered up as per normal

[Jester] REALIZE THAT THEIR IS A TENUOUS PLAN IN PLACE TO GET IT DONE TO THE BENEFIT OF WHAT IS LOOSELY TERMED THE REPUBLIC AND LET IT GO AT THAT...

[ajmaudio] ok... on that... and this is a big question.. how is that being headed up? seems like an enormous task to go up against the machine. At least from what we sheeple can see, the corporation owns this place

[ajmaudio] I can’t see that in my position... which makes it doubly intriguing

[Jester] ajmaudio IS GOING TO TAKE A BIT OF TIME TO UNDO WHAT HAS BEEN DONE... IT IS NOT GOING TO GET DONE OVERNIGHT... EVEN THOUGH THE THINGS THAT WERE DONE WERE NOT LEGAL IN THE STRICT SENSE OF THE WORD IT IS NOT LIKE YOU THINK... IT WAS DONE QUASI-LEGAL... AND IT WILL HAVE TO BE UNDONE THE SAME WAY...

[ajmaudio] Perhaps a better way to say it is that I don’t see any significant powers of good at work in the "goings on" of our gov.

[ajmaudio] TIme... for sure..not expecting fast.

[ajmaudio] am I just missing the good?

[ajmaudio] I do agree though... it certainly does seem like the entire world is pushing to end the dollar.... You kind of assume it will end with a boom. But we certainly don’t seem to worried about it

[Jester] ajmaudio NOT SURE YOU CAN SEE IT AT THIS LEVEL... BUT MAYBE THAT IS WHY THEY ARE NOT WORRIED... WHO KNOWS IF THAT IS PART OF THE PLAN...

[ajmaudio] well if one assumes we have a few trillion dinar as a country... things could be interesting I suppose

[ajmaudio] though I'd wonder what they would do with it.. cashing in for dollars wouldn’t exactly work now would it? lol

[ajmaudio] buy back some gold from china? lol.. as if they would let that much go...

[Jester] ajmaudio AS I SAID... WE EXPLAINED HOW ALL THAT WORKS WITH THE OIL CREDIT SCENARIO SOME TIME BACK...

[ajmaudio] Yes I recall more or less

[Jester] ajmaudio IF YOU WERE GOING TO BUY GOLD WHAT WOULD YOU BUY IT WITH AND WHERE WOULD YOU PUT IT?

[ajmaudio] personally? or in the above scenario

[Jester] ASK THE FED TO LOAN YOU SOME MORE MONEY TO PUT IN THE UST? I DOUBT THAT WOULD WORK... HAHAHAHAHHA
[ajmaudio] exactly my point lol

[Jester] OOPS... THAT SHOULD SAY... ASK THE FED TO LOAN YOU SOME MORE MONEY TO BUY SOME GOLD TO PUT IN THE UST?

[ajmaudio] funny thought considering our monetary policy as of late though

[ajmaudio] I followed lol

[Jester] SOME MAY NOT HAVE THAT IS WHY I REITERATED IT...

[ajmaudio] print another trillion.. why not right? Sheesh

[Jester] ajmaudio THEY WOULD NOT DO IT FOR THAT REASON...

[Jester] THAT WOULD BE AKIN TO SOMEONE LOANING YOU MONEY SO YOU COULD TAKE A HIT OUT ON THEM.... HAHAHHAHAH

[Aunt B] Lol

[ajmaudio] I do also wonder how/if all of the stuff coming out about 911 etc etc will play into all of this. on one hand that deal seems to be working to a boiling point.. on the other look at the JFK deal.. we all know that was bs but we dont do anything about it.

[ajmaudio] granted this thing is moving much faster courtesy of the inter web... smaller world

[ajmaudio] hahahaha.. Jester.. yes it would...kinda what the gov does to us as it is though if you think about it

[Jester] ajmaudio WE WILL SEE... THEY HAVE SPENT A LOT OF TAX MONEY OVER THE YEARS COVERING ALL THAT UP... STILL COSTING THEM TO MAKE THE SMART PEOPLE LOOK STUPID AND THE AMERICAN PEOPLE THINK THEY ARE CONSPIRACY NUTS...

[ajmaudio] ya... if the polls I have seen are true.. the majority don’t buy it.. but here we sit... that's kinda nuts.

[ajmaudio] if this isn't too far off topic... how about investing at a time when there is no safe way to invest conventionally.. ie stock market etc

[ajmaudio] there is gold...

[ajmaudio] real estate... which I'm not sure about... what else does one do if you assume the rest will pop in the future

[Jester] ajmaudio MY STANDARD ANSWER ON INVESTMENTS IS TO HIRE SOMEONE A LOT SMARTER AND EXPERIENCED THAT YOU CAN FIND IN ANY CHAT ROOM... HAHAHAHHAHA

[Yellow Rose Grandma] ajmaudio how bout buying interests into local companies?? I'm no expert but I do like to keep it local

[ajmaudio] sure... I was more curious about general concepts.. and to your point... good luck finding someone who won’t tell you to put it in a mutual fund etc

[ajmaudio] Yellow Rose... that's what I am considering... in a crash that could also go south.. but in the short term perhaps... I was pondering how one actually does that earlier today

[Jester] Yellow Rose Grandma MUNICIPAL BONDS MIGHT BE A GOOD IDEA... THAT PUTS THE MONEY TO WORK IN YOUR AREA... AND THEY HAVE HISTORICALLY BEEN PRETTY SAFE...

[grace2beme] Can you ever really own land in the United States?

[ajmaudio] mmm... not familiar.. have to look that up Jester

[ajmaudio] good question on the land...

[Jester] ajmaudio BONDS THAT FUND THE LOCAL INFRASTRUCTURE FOR SCHOOLS AND SUCH...

[Jester] KEEP IT AT THE STATE OR LOCAL LEVEL.. PROBABLY MUCH SAFER... YOU DO NOT HEAR ABOUT ANY COUNTIES OR STATES DOING ANY BAIL INS... HAHAHAHAH

[ajmaudio] does that stay in tact in a big crash I wonder.. hard to predict I am sure...

[ajmaudio] good point

[Jester] JUST SOMETHING TO INVESTIGATE... OTHER THAN THAT HARD ASSETS ARE ALWAYS A GOOD IDEA...

[ajmaudio] I also thought about Land... but had same question... will it be mine?

[ajmaudio] PM and land... what other things constitute a hard asset...

[Jester] ajmaudio IF YOU ARE TALKING ABOUT RIGHT THIS MINUTE... GET SOME SILVER OR GOLD COINS... WHATEVER YOU CAN AFFORD...

[grace2beme] I mean you can buy land but yet for some reason you can't pay the property taxes they will take it away from you so can you ever really own it?

[Jester] ajmaudio HARD TO SPEND IF YOU NEED FOOD... JUST SAYING...

[ajmaudio] ya.. working on that... you can at least hope it will hold its purchasing power as it has for so long.

[Jester] OK... SINCE WE ARE NOT INVESTMENT PROFESSIONALS LETS MOVE ON TO SEE WHAT grace2beme HAS TO ASK...

[grace2beme] Everyone always says invest in real estate.

[ajmaudio] yes.. in a truly dire situation.. hard hard crash.. boos, bullets, etc lol

[Jester] grace2beme LOST ABOUT $11 MILLION ON THAT DEAL WHEN THE HOUSING CRASH CAME AND THEY CHANGED ALL THE LENDING RULES... SO BEWARE...

[ajmaudio] its that intermediate crash, as we will call it, that seems harder to define a good path

[grace2beme] My question was can you ever really own property in the United States?

[Jester] ajmaudio SMOKES... THAT WILL BE A BIG ONE IF THINGS GO THAT FAR SOUTH...

[ajmaudio] ya.. the only safe part about land is that you can make food with it is what I am thinking as of late.. that is if you ever really own it

[ajmaudio] that too

[Jester] grace2beme WELL SURE YOU CAN... BUT THAT DOES NOT KEEP YOU FROM PAYING THE TAXES ASSOCIATED WITH IT IF THAT IS WHAT YOU ARE ASKING...

[ajmaudio] part of me doesn’t see it going thaaaat far.. but who am I.... I know squat

[grace2beme] Yeah that's what I'm saying if you buy the land out right you still have to pay taxes on it and then what happens if you don't pay the taxes they take it from you so can you ever really own it?

[Jester] ajmaudio IMAGINE HOW MUCH MORE YOU KNOW THAN THE AVERAGE SHEEPLE RIGHT NOW... JUST SAYING...

[ajmaudio] perhaps.... we won’t know till sometime down the road right? lol

[Jester] grace2beme TAXES ARE A FACT OF LIFE... WHY WOULD YOU BUY LAND THAT YOU CANNOT AFFORD THE TAXES ON?

[grace2beme] Well I wouldn't but what happen if you became ill something else?

[Jester] THAT WILL BE A COMMON ISSUE WITH PEOPLE AND THEIR NEW FOUND WEALTH I AM TOLD...

[Jester] IT IS THE MOST COMMON MISTAKE THAT LOTTERY WINNERS MAKE ACCORDING TO THE STATISTICS...

[grace2beme] Just trying to make the point that as long as the government is the way it is we can't ever really truly have anything that we can own for ourselves because they can always take it away!

[ajmaudio] I mean.. if it goes.. first thing down will be power... I'd think

[Jester] SO... ANYONE ELSE?... LET'S NOT WAIT UNTIL THE LAST SECOND TONIGHT... HAHAHAHAH

[ajmaudio] Jester ya... thats my plan if given the resources.. .that's my plan in the long term if none of this happens as we think.. RV etc. Get a nice plot.. and build something for off grid. technology has come a long way



[Yellow Rose Grandma] Jester I have a question if I may. I am new here but here goes........... This entire investment is very convoluted. Tons of really bad men and women jerking everyone and everything around. How does this investment come to fruition. How is it going of getting the FED out of control??

[SoldierofChrist] Great question tonight

[ajmaudio] Thats a Whopper Yellow Rose

[Yellow Rose Grandma] dang

[Yellow Rose Grandma] ajmaudio so I should keep it pithy?? lol lollol

[Jester] Yellow Rose Grandma HOLD ON A MINUTE... I AM NOT GOING TO GO OVER IT ALL AGAIN NOW BUT I WILL GET YOU A PREVIOUS POST TO READ...

[Jester] THE LIBRARIAN IS WORKING ON IT... HAHAHHAHAH

[Patience] Jester Chat Part 1 11/30/14 jester-at-jester-s-place-sun-part-1-11-30-2014-t1267.html

[Patience] Jester Chat Part 2 11/30/14 jester-at-jester-place-sun-part-2-11-30-2014-t1268.html

[Jester] OK THE LIBRARIAN HAS LOCATED THE PROPER LINKS... AND THEY SHALL BE DROPPED IN HERE SHORTLY...EVEN AS I SPEAK I SHOULD HAVE SAID... HAHAHAHAH

[Jester] Yellow Rose Grandma THAT SHOULD GIVE YOU A LOT OF BACKGROUND... IT WAS A GENERALLY WELL ACCEPTED POST THAT DID NOT GET ME A CALLING OUT BY OTHER CERTAIN KNOW-IT-ALLS...

[Jester] SO... ANY MORE QUESTIONS? BE QUICK OR I WILL LET THE MODS WRAP IT UP...

[BocaLinda] Jester are we any closer to the TRN?

[Jester] BocaLinda OF COURSE... ALWAYS ONE DAY CLOSER EVERY DAY...

[SoldierofChrist] Jester lol

[Jester] WELL? IT'S TRUE... HAHAHAHAH

[BocaLinda] ACK!!!

[SoldierofChrist] Jester i think i saw Jim Willie come out with a new podcast don't know if you or anyone has looked into it yet

[BocaLinda] Jester ok. Try this one on. Got a smidgeon of hope for us tonite?

[Jester] AND YOU KNOW I DO NOT DO RATE OR DATE... BUT JUST TO REFRESH YOUR MEMORY... THE LAST TIME FRAME I GAVE WAS AFTER... REPEAT AFTER... THE 15TH... WHICH IS CLOSE... I ASKED EARLIER IF THAT NEEDED TO BE MOVED YET... AND DO NOT HAVE TO AT THIS TIME... NOW TAKE THAT FOR WHAT IT IS WORTH FOLKS... WHICH IS WHAT YOU ARE PAYING FOR IT... IT IS THE INFORMATION WE HAVE RIGHT NOW... THAT IS ALL... WE WILL HAVE TO SEE HOW IT PLAYS OUT... BUT I AM NOT EXPECTING ANYTHING UNTIL AFTER... REPEAT... AFTER THAT...

[Jester] SoldierofChrist I LISTENED TO IT... IS A PRETTY GOOD CAST... MORE OF THE SAME PREDICTIONS WE HAVE BEEN GETTING LATELY FROM HIM...

[ajmaudio] any chance we get to find out the significance of the 15th

[Jester] I WAS ACTUALLY AMAZED THEY HAVE NOT TAKEN EVERY OPPORTUNITY TO MOVE IT OUT... SO WE SHALL SEE IF SOMETHING IS INDEED IN THE WORKS...
[Betsy Ross] my fingers are still crossed

[BocaLinda] Lets hope!

[pollyp] Jester, there is SO much happening everywhere right now. It's quite overwhelming to think what we would like to see right now could actually happen

[pollyp] I keep praying

[ajmaudio] I'm curious what is going on the 15th... or up unto then.. or whatever the case is

[SoldierofChrist] Jester faith in God and praying to move the mountains that need to be moved

[Jester] pollyp THE MISSING LINK IS WHETHER THE FED HAS TO CRASH OR NOT... THAT IS THE QUESTION IN MY MIND... BUT IT SURE LOOKS LIKE THAT IS THE BACK UP PLAN IF YOU ARE WATCHING THE NEWS...

[ajmaudio] mmm.. one wouldn't think that would happen a week from now...

[ModelWoman] SoldierofChrist Amen ....praying The Cabal will be cast into the sea!

[ajmaudio] with no "build up" or prep for the masses

[LuCkYb] wouldnt break my heart if it happened 10 minutes from now lol

[pokerbrat] I want the FED to crash so I can pi $ on its grave.

[ajmaudio] time to put the fed to bed

[pollyp] I'm hoping and praying that whatever happens that the people who have been working and struggling and keeping their noses to the grindstone come out okay

[Jester] SEE YOU TOMORROW