Let’s go back to 1972 when Dr Hudson published Super Imperialism in which he said the US was paying for its wars and military occupations by printing dollars. Hudson was invited to speak at the State Department and the Pentagon. The diplomats liked him, understood him and voiced no objections to the policy of papering the world to pay for 800 bases in 80 countries. Later, he spoke to the Pentagon where it took them a while to understand what he was saying. Finally, a general said, “Wow. We are ripping people off.”
The general finally understood that the US Empire was paid for not by US taxpayers but by foreign nationals who sold America cars, electronics, clothes, food and even vacations in exchange for I Owe You Nothing Federal Reserve Notes.
The US taxpayers were paying taxes but to subsidize the many frauds and thefts of Wall Street Bankers. One of their latest is to print trillions of dollars in off books US Treasury bonds and to stick the money into their own very deep pockets. This means the US national debt is considerably more than the $26 trillion on the books. This is according to Dr Mark Skidmore who revealed to us from US government sources that $21 trillion went missing from 2 federal agencies, the DOD and HUD, between 1998 and 2015. A funny story from Dr Skidmore: The US Army had an annual budget of $122 billion. The Treasury said they had so many holes in their budget due to Missing Money that they sent the Pentagon a check for $800 billion and told them to plug some of those leaks. Guess what happened? The $800 billion went missing too!!...........read more............
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