Dee Dreslough on NPR

[Clay Dreslough]

RealPlayer required:

http://www.marketplace.org/play/audio.php?media=/2004/07/20_mpp&start=00:00:21:34.0&end=00:00:22:38.0

[williethebasset]

You created your last name?

I somehow missed this post. Please excuse the late timing.

[Steiny]

I dunno, but the price for Clay's house makes me really, really glad I don't live in Chicago.

Then again if I did, my house'd probably go for a cool million there. :)

[williethebasset]

Originally posted by Steiny
I dunno, but the price for Clay's house makes me really, really glad I don't live in Chicago.

Then again if I did, my house'd probably go for a cool million there. :)

My dad's house he and my stepmom just bought is 5BR 3.5 Bath and 3,500 square feet. All for the cool, low, price of $740,000. All the prices are going to come falling down though, so in a few years its going to be worth $500,000.

[kingmob]

Originally posted by williethebasset
My dad's house he and my stepmom just bought is 5BR 3.5 Bath and 3,500 square feet. All for the cool, low, price of $740,000. All the prices are going to come falling down though, so in a few years its going to be worth $500,000.

expect 10-15% drop in price for the next 3 yrs.....thats 10-15 every year

[williethebasset]

For every interest point that the rates go up, house prices must drop 10% for someone to be able to afford the same payment.

[kingmob]

Originally posted by williethebasset
For every interest point that the rates go up, house prices must drop 10% for someone to be able to afford the same payment.

interest on money created out of nothing....what a racket

[williethebasset]

Originally posted by kingmob
interest on money created out of nothing....what a racket

I think you need to take an economics course at a local college. The money comes from bank accounts of the people that deposit money there.

[kingmob]

Originally posted by williethebasset
I think you need to take an economics course at a local college. The money comes from bank accounts of the people that deposit money there.

ok but where did the people get the money in the first place....govt. goes to the fed and says they need so many billions of dollars to pay the govt. employees....not sure the percentage of people working for the federal, state and local govts. but i'd say its probably 40-50% now that industry is all in china......the govt. gets money from the fed which the fed creates out of nothing ...thge govt. pays there employees and then the people deposit there checks in there banks.......read a book called secrets of the federal reserve by Eustace Mullins.....you are horribly uninformed my friend

[williethebasset]

http://www.amazon.com/exec/obidos/ASIN/0072340363/qid=1094174629/sr=ka-1/ref=pd_ka_1/002-0469177-3798417

The money from mortgages comes from bank accounts that are over the $100,000 threshhold. Just invest your money in a moneymarket account.

[kingmob]

Originally posted by williethebasset
http://www.amazon.com/exec/obidos/ASIN/0072340363/qid=1094174629/sr=ka-1/ref=pd_ka_1/002-0469177-3798417

The money from mortgages comes from bank accounts that are over the $100,000 threshhold. Just invest your money in a moneymarket account.

no it doesnt.....when you borrow money from the fed the fed writes you a check on a non-existent acct. .....they create money out of nothing and charge interest on it

[Deke]

Originally posted by kingmob
no it doesnt.....when you borrow money from the fed the fed writes you a check on a non-existent acct. .....they create money out of nothing and charge interest on it

Ehhh, thats not necessarily true. The government when it needs money does not just make some up, they sell government bonds to get the money they need. In essence they are writing IOU's to the people buying the bonds and floating loans while they shift money around like a check kiter. But it doesnt just come from nowhere.

[kingmob]

Originally posted by Deke
Ehhh, thats not necessarily true. The government when it needs money does not just make some up, they sell government bonds to get the money they need. In essence they are writing IOU's to the people buying the bonds and floating loans while they shift money around like a check kiter. But it doesnt just come from nowhere.

then what is the defecit? we pay interest on the natl. debt.....fed. reserve notes arent backed by precious metals....whats it backed by? a law that says you have to accept frn for all debts private and public.....do you realize that if there was no debt in the govt. or private secter that there would be absolutely no money....every dollar you have is someone elses debt .....it is a privately held corp. ...

[Deke]

Originally posted by kingmob
then what is the defecit? we pay interest on the natl. debt.....fed. reserve notes arent backed by precious metals....whats it backed by? a law that says you have to accept frn for all debts private and public.....do you realize that if there was no debt in the govt. or private secter that there would be absolutely no money....every dollar you have is someone elses debt .....it is a privately held corp. ...

I think were both on the same wavelength here and I agree completely with everything you just said, theyre backed by nothing other than the promise that youll get your IOU redeemed. Theyre kiting their debt like crazy. And though this is all true, I dont think that they just create new money when they need it, they just write another IOU from someone else's debt owed to them (selling bonds, FRN, etc). Pretty funny how our monetary system works. Its also funny that around 40 percent of govt debt is actually owed to itself, which I find hilarious. The problem is most of that debt is actually owed to the Social Security Trust which is why Social Security is likely eventually doomed. So if we scrap the federal reserve system, how would that effect our monetary system? Id like to get your opinion on that. Basically how can we change this funny money system we have going on now?

[kingmob]

Originally posted by Deke
I think were both on the same wavelength here and I agree completely with everything you just said, theyre backed by nothing other than the promise that youll get your IOU redeemed. Theyre kiting their debt like crazy. And though this is all true, I dont think that they just create new money when they need it, they just write another IOU from someone else's debt owed to them. Pretty funny how our monetary system works. Its also funny that around 40 percent of govt debt is actually owed to itself, which I find hilarious. The problem is most of that debt is actually owed to the Social Security Trust which is why Social Security is likely eventually doomed. So if we scrap the federal reserve system, how would that effect our monetary system? Id like to get your opinion on that. Basically how can we change this funny money system we have going on now?

very easily.....
first congress created the fed and they can kill it....
then we go back to constitutional money where the treasury will f mint into coin gold and silver that people bring them(just like they used to do).....all the gold and silver that is socked away will be brought out and coined.....all the federal reserve notes in circulation will still be legal tender until enough coin gets into circualtion.....read a book called The creature from Jekyl island by G. Edward Griffin....its a great book all about the fed.
we would have no debt and we would go back to the days of 10 cent cigar.....

[Deke]

Cool. How would this effect the economy in the short term? Would switching totally cripple it? Especially since we have so much debt to repay that we would now be unable to pay? Ill have to research more into this, it sounds like a very interesting idea.

[kingmob]

Originally posted by Deke
Cool. How would this effect the economy in the short term? Would switching totally cripple it? Especially since we have so much debt to repay that we would now be unable to pay? Ill have to research more into this, it sounds like a very interesting idea.

the biggest part of the debt is owed to the federal reserve globalist illuminatti bankers.....basicaly we just tell them to go funk themselves...congress has the ability to coin money without having to pay interest on it......lincoln did this and is one reason why he got wacked.....jfk too....

short term it will be tough as the true value of frn's is about 5 cents....what the ink and paper is worth

check this out
www.norfed.com

[williethebasset]

I dont know much about banking and that sector of the economy.

[michaelg123789]

Originally posted by kingmob
Congress has the ability to coin money without having to pay interest on it......lincoln did this and is one reason why he got wacked.....jfk too....

That's one I haven't heard. :rolleyes:

[kingmob]

Originally posted by michaelg123789
That's one I haven't heard. :rolleyes:

read the constittution.....its in section 8

[nysteinbrenner]

Really? The U.S. Constitution was a prescient enough document not only to predict the election of two presidents that hadn't been born yet, but that they'd both be assassinated?

Wow.

I must've been asleep during my classes on constitutional law. Must be hidden somewhere in the text. Where, exactly, is this again? Let's have a quote, Mob.

[kingmob]

Originally posted by nysteinbrenner
Really? The U.S. Constitution was a prescient enough document not only to predict the election of two presidents that hadn't been born yet, but that they'd both be assassinated?

Wow.

I must've been asleep during my classes on constitutional law. Must be hidden somewhere in the text. Where, exactly, is this again? Let's have a quote, Mob.

are you being sarcastic or do you just dont know what the **** your talking about?

jfk and lincoln both issued greenbacks or united states treasury notes....the illuminati banksters didnt like that since it was cutting into there action

in sec. 8 of the us constitution it gives congress authority to coin money......wy dont you go read it

[williethebasset]

Section. 8.

Clause 1: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

Clause 2: To borrow Money on the credit of the United States;

Clause 3: To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

Clause 4: To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

Clause 5: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

Clause 6: To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

Clause 7: To establish Post Offices and post Roads;

Clause 8: To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

Clause 9: To constitute Tribunals inferior to the supreme Court;

Clause 10: To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;

Clause 11: To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

Clause 12: To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

Clause 13: To provide and maintain a Navy;

Clause 14: To make Rules for the Government and Regulation of the land and naval Forces;

Clause 15: To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

Clause 16: To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

Clause 17: To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, byCession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;--And

Clause 18: To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

[williethebasset]

From what others have told me the first NWO president was Wilson...

[kingmob]

Originally posted by williethebasset
From what others have told me the first NWO president was Wilson...

yeah he was....under his watch we got ww1, federal reserve, irs, and the attemped implementation of the league of extroidinary nations......his main iluminus advisor was col. mandell house.....house was the puppet-master i do believe....*******.....he's from austin too

[kingmob]

Clause 15: To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;


thats us..... the executors of the laws of the union.....or better yet use our power of grand jury to bring these traitors to justice for there crimes

[williethebasset]

Originally posted by kingmob
yeah he was....under his watch we got ww1,

World War 1 was started by the Assasination of Archduke Ferdinand, Austria Hungary then declared war on Serbia which was allied with the triple entente, then Germany came to the aid of Austria Hungary. There you have it, a war between the three imperial powers, Germany, France, and England.

[nysteinbrenner]

Originally posted by kingmob
jfk and lincoln both issued greenbacks or united states treasury notes....the illuminati banksters didnt like that since it was cutting into there action

I'm laughing so hard I'm just not even going to bother with this one.



in sec. 8 of the us constitution it gives congress authority to coin money......wy dont you go read it [/B]

Oh, Article I, Section 8. The previous posts were unclear as to what exactly you were referring to.

[kingmob]

heres a good article about jfk and lincoln printing united state treasury notes
jfk and lincoln (http://www.prolognet.qc.ca/clyde/pres.htm)

[williethebasset]

There was no way to rig votes in 1860.

[kingmob]

Originally posted by williethebasset
There was no way to rig votes in 1860.

i didnt say anything about vote rigging....they killed lincoln

[Steiny]

Originally posted by kingmob
i didnt say anything about vote rigging....they killed lincoln

They who?

[kingmob]

Originally posted by Steiny
They who?

john wilkes booth was a member
knights of the golden circle (http://www.encyclopedia.com/html/K/KnightsG1.asp)