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News Link • Government Debt & Financing

Most people still don’t know about the national debt, banking and the money supply

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Fact #1 – There is no FDIC insurance fund. The money at your bank is insured against loss by the FDIC’s insurance fund, right? Nope. That’s total fiction. There is no actual money in the fund. The FDIC insurance money has already been looted by the U.S. Treasury which has simply replaced the money with a bunch of IOUs. Why does this matter? Because it means that if the U.S. government goes into default, so will the FDIC! And that means all your bank funds have zero insurance. That’s gonna be a big shock for tens of millions of people when they finally figure this out one day… Fact #2 – There are no social security funds, either. When you pay social security taxes, all that money goes into a trust fund that’s held for safekeeping until the day it pays you back, right? Ha! That’s the “sucker’s view” of social security that only ignorant people believe. In reality, there is no money in the social security trust fund because it too has all been looted by the U.S. Treasury and spent. In truth, social security is already broke. Can’t wait for people to wake up and figure this one out, either… Fact #3 – The U.S. Treasury is stealing money from you every day, even if you pay no taxes!

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