Mayor Bloomberg Says There’s an Endless Supply of (Counterfeit) Money

Finally some honesty from a liberal. Of course there’s an endless supply of money as long as there’s enough cotton fiber, silk, linen, and a bit of wood pulp to make counterfeit US currency. A one-dollar bill costs as much to produce as a 100-dollar bill. This method of making money is only right because governments say it’s right. You and I couldn’t reconcile our debt-living the way our government does. We’d go to jail. Politicians get re-elected.

As long as cotton socks, shirts, and blue jeans are made, there will be enough money. And if the cotton becomes scarce, all our Federal Government needs to do is turn on their computer money-making machine and add more zeroes to the bottom line.

Republicans and Democrats are guilty of counterfeiting. The courts are complicit in allowing it to happen. Of course, judges won’t act on the unconstitutionality and immorality of our government’s practices because they benefit from them.

State and city governments are equally guilty since they get stolen money to fund their city, county, and state programs.

New York Mayor Michael Bloomberg made the point when he said, “We get 10 or 12 percent of our budget from the federal government.” What is the source of that money? Some of it is counterfeit. It gets worse:

“We are spending money we don’t have. It’s not like your household. In your household, people are saying, ‘Oh, you can’t spend money you don’t have.’ That is true for your household because nobody is going to lend you an infinite amount of money. When it comes to the United States federal government, people do seem willing to lend us an infinite amount of money. . . . Our debt is so big and so many people own it that it’s preposterous to think that they would stop selling us more. It’s the old story: If you owe the bank $50,000, you got a problem. If you owe the bank $50 million, they got a problem. And that’s a problem for the lenders. They can’t stop lending us more money.”

You and I can’t borrow money like the Federal Government can. Lending institutions check our credit and debt load. Too much debt, and you won’t get a loan.

Why do “people” (Bloomberg doesn’t say who they are) loan our government money? Because they know that when desperate, our government will print more money. Of course, when this happens the dollar is worth less. This means that foreign governments can purchase the United States bit by bit, as they are doing.

Where does the “10 to 12 percent” of New York City’s money come from? Mostly from tax revenue. What is the source of the tax revenue? From tax payers in other states. This means that money is taken from individuals around the United States and redistributed to the states.

This transfer of wealth makes no sense unless it’s political in nature. Why not eliminate every dollar sent to the states and reduce the tax burden on every citizen. Let the states take care of their own city and state budgets. Why are we in other states buying for 10 to 12 percent of New York City’s budget?

Why should I be funding any portion of what goes on in New York State or New York City? The same is true for New Yorkers who are taxed to fund what goes on in Georgia or any other state.

We are being scammed. There are thieves in high places. The frightening thing is, the majority of voters like these kind of thieves. Stealing in the name of social justice or whatever politicians want to call it is still stealing.







Comments

comments

Gary is a graduate of Western Michigan University (1973) and earned his M.Div. at Reformed Theological Seminary in 1979. He is the author of countless essays, news articles, and more than 27 book titles.

Posted in Corruption, Crime, Economics, Law, Liberalism Tagged with: , , ,
  • Tim Newton

    Proverbs 22-7:And the borrower shall be slave to the lender.Why does nt this stiffnecked rebellious jew Bumbleberg kick in some of his own money???????This billionaire boob can surely afford it!He just gave 50 million to the enviromental wackos at Sierra club and bought the seat that jessie jackson jr is now giving up.So this rich moosetwit can help finance NYC budget

    • TLady62

      You actually answered the question with the scripture from Proverbs. He wants people enslaved. This is nothing new for Democrats.

      • banjo kid

        Bit by bit they went to the Pharaoh and said we have our cattle feed us one more year and we will give all of our cattle , when the year was up it was we will give out land for food and when the year was up they submitted to slavery to be fed. looks more and more like America every day .

        • TLady62

          Indeed.

  • http://www.facebook.com/paul.leslie.3998 Paul Leslie

    This is where we see the progressive’s genetic heritage from Marx, et. al., It is nothing more than redistribution of wealth, stealing from producers/earners. The fools who keep voting for the socialists are supporting the government’s confiscation of wealth and property (via taxes) and they’re enabling their own demise.

    • posetong

      And their mostly with these type of Talmudic Khazar Jews , which have the Marxist mindset. their is only a small cross section of Jewish people who believe in the books of Moses, all the rest are screwballs Marxist lovers. their are 5-6 million Jews in this nation and they hold 15%-20 % of all high government positions in congress, senate , white house, and the judicial branch which has been bastardized by these fake and phony Jews. these are the the worse of Jews. their is something really wrong in our nation when they hold a large portion of Government jobs and they change our laws to meet their anti christian hating Talmudic ways.

      • Libertarian58

        In 1492, Chemor, chief Rabbi of Spain, wrote to the Grand Sanhedrin, which had its seat in Constantinople, for advice, when a Spanish law threatened expulsion.2 This was the reply:

        ” Beloved brethren in Moses, we have received your letter in which you tell us of the anxieties and misfortunes which you are enduring. We are pierced by as great pain to hear it as yourselves. The advice of the Grand Satraps and Rabbis is the following:

        As for what you say that the King of Spain 3 obliges you to become Christians: do it, since you cannot do otherwise.

        As for what you say about the command to despoil you of your property: make your sons merchants that they may despoil, little by little, the Christians of theirs.

        As for what you say about making attempts on your lives: make your sons doctors and apothecaries, that they may take away Christians’ lives.

        As for what you say of their destroying your syna gogues: make your sons canons and clerics in order that they may destroy their churches.

        As for the many other vexations you complain of: arrange that your sons become advocates and lawyers, and see that they always mix in affairs of State, that by putting Christians under your yoke you may dominate the world and be avenged on them.

        Do not swerve from this order that we give you, because you will find by experience that, humiliated as you are, you will reach the actuality of power.

        (Signed) PRINCE OF THE JEWS OF CONSTANTINOPLE.”

        • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

          And of course “Prince of the Jews” was practicing exactly what the quran demanded not either the Torah or the Talumud. Lies, stealing and killing any one not of the muslim faith being their better points. Lets not get in to their worse points they would censor what they are here.

      • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

        At that point they are no longer “Jews” in the religious sense but, only Hebrews.

        • posetong

          you could call them Hebrews, but as long as they teach their young from the Talmud ” the book of Hatred ” against the Christians then they are filth in my eyes.

        • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

          Talmud is a book of explanation for the Torah which is to Christians the old testament. Neither is a book of hate.

        • posetong

          you need to read it if you believe what you are saying, the Talmud is not the same book as the Torah,y ou were on the right track until you made an ignorant statement concerning the Talmud, which leads me to believe you never read it. go get a copy and read it, if not then keep your idle thoughts to yourself , your ignorance has shown thru.

        • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

          Which Talmud???? Your racism has shown itself and is not welcome here. Go back to the huff and puff I for one have a low tolerance for your kind.

        • BillRind

          And I with your ilk and stupidity, you dont even know what the talmud is you fool. read the freaking book you dope and learn something unless your a talmudic jew.

        • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

          Come on down liberal we know exactly were to place you and there is plenty of space. And I do know silly little f. Your racism is quite apparent once again. You might want to get your doctor to get you some meds that work. Unless of course you are tin foil hat libertarian they have no cure for that yet.

        • posetong

          I know who you are, you little twerp Ashkenazi, I wouldn’t waste my time with you and your treasonous ilk. for the record why dont you leave my country and go help the Israeli’s, they need people like you in the IDF. I know you like it here better where its more comfortable for a fraud like you. I would fight for the sfardic jews but your kind I wouldn’t waste my time, it was your ilk that pushed our people into the cars in the warsaw ghetto, you disgust me. no wonder why God written you people off 2000 years ago and the temple was rent in two because of spiritual filth and wickedness. go look in the mirror while you still have time left. and by the way I am a true and real Sfardic Jew, so I know who you are.

        • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

          Sorry not Jewish. Secondly pecker wood I would make very short work out of you and your racist friends. And so bloody what that you are from spain and the others from Germany. Really very little difference.

      • badbob85037

        Pissed on?! A more fitting scenario would be a strong limb tree with a short rope to guarantee a long dance.

    • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

      Of course sooner or later the “bread and circuses” go away because there is no more left. At that point the fifty percent (more or less) of us will have to deal with the generational welfare out in the streets because they have never done for themselves as we have.

      • banjo kid

        To bad we did not teach them how to fish Heh!

        • http://pulse.yahoo.com/_NLORN6B3ZNGCAJTFHWWFUUEY4Q jong

          We did try. However the problem was some one down the block handing them out for free.

        • leefromok

          A slave eats from the master’s hand.
          They don’t want to bite the hand that feeds them.

      • fliteking

        If the SHTF – – – the plan for ‘dealing with the’ generational welfare’ recipients will be an easy one.

        • leefromok

          That’s one of the reasons the government bought all those hollow points.
          If you live in a city, it’s time to take flight.

    • kpjlaw

      And they will deserve it, but will take the rest of us down with them.

    • Dave

      Our demise also……

  • parkLitchfield212

    WHY are we listening to this Billionaire Fascist? He is the poster child for out of touch politicians with a dictatorship fetish. The last Mayor with his affliction was Marion Berry, and he had a Crack addiction as an excuse. Bloomberg is just what NYC deserves, and the reason The Progressive movement is so dangerous. Real people should move off the East Coast, and come out West before the looneys in Cali and Colorado migrate out of their ratholes and infect the rest of the SouthWest. Texas is already in danger, New Mexico is a lost cause, and us basically normal people in AZ get called racists if we ask Hispanics who don’t (or won’t) speak English if they are Mexican. However, if you think eating meat is murder, or get confused over whether to use the men’s or woman’s restroom, please keep heading west until you smell salt air. You’ll be happier at the beach, even if the taxes are high.

    • David S. McQueen

      The illegals cause a lot of the problems in Texas. Not only the crime but also the drain on welfare. Go into any social security office and see how many hispanics are there. Go into any emergency room and see how many hispanics are there.

      • parkLitchfield212

        McQueen, We have the same issues here in AZ. My young, high school graduated relatives can’t get hired in entry level jobs in fast food or retail positions because they aren’t bilingual. Our state healthcare system and has gone bankrupt because of the flow of immigrants enrolled in the system, who work under the table and keep the taxbase low. Obama and Nepolitano brag about the lower rate of immigrants coming into the state, but it’s because of the house building bust that sent the migrants packing to other parts of the country.
        Meanwhile, the drug cartels own the main roads 10 miles north of the border. The flow is so bad that the patrols can’t keep up.

  • Hotnike

    I can’t figure out who is stupider, Bloomberg or the voters in New York?

    • posetong

      their both stupid and ignorant.

    • banjo kid

      The voters share an inordinate amount of blame .

    • badbob85037

      My drill sergeant said it best. His words still stand out after all these years.” You people are stupid, your dumb, your ignorant. I just can’t understand how people can be so damn stupid, dumb, and ignorant.” This was the point in my life I gave up on trying to rationalize the words and doings of ones that waste good dirt and breath my air. Ya can’t live with them and ya can’t kill em. Yet.

  • Ron G

    He gets 10 to 12% of his budget from the taxpayers. Why should someone in the mid-west have to pay for New York?

    • leefromok

      The only reason I can think of is so that the liberals there, stay there, rather than moving to Oklahoma.

  • 7papa7

    The total stupidity of this man never ceases to amaze me. How can one man who was so successful in business be so incredibly stupid? If NY was smart they would recall nanny Bloomberg. He is taking away ALL of their freedoms at warp speed. Between him and Mr. Marxist the country is rapidly being destroyed. Our freedoms and liberties are being lost at light speed and if we don’t wake up it will be to late to get them back.

  • jerry1944

    Didnt he run as a rep. He must be one of those mod ones. The dollor is going down in some of the countrys i have check on the pesos for them to see where to buy stock with what litle i have left I think maybe i better buy china stock

  • http://www.facebook.com/people/Michael-J-Nellett/1580432719 Michael J Nellett

    So true, so true. The Progressives have taken over our public indoctrination centers (public schools) and don’t teach government, civics, or American history so that they don’t have to worry about the public understanding, how, what, and why this country was founded. Their liberties are only protected if they know what they are; something the Progressives are working hard to erase from the public’s mind.

  • http://www.facebook.com/adrian.vance1 Adrian Vance

    How did that man ever get so wealthy? From whom did he steal it. He is an idiot.

    Come see us at The Two Minute Conservative via any search engine and when you speak they will listen.

  • freedomringsforall

    I have heard a lot lately on the news and alternative media about the Fed propping up part of our debt now because other nations etc are slowing down their US debt instrument purchases.

    No matter whether the person likes or dislikes the process all I ever hear
    about is that basically we are buying our own debt.

    I do not understand how this could possibly be true.

    As I understand it the Fed is privately owned by banks.

    It is not actually a Government institution.

    Most people think it is but it is not.

    The official phrase for it is a Quasi-Governmental institution.

    It really is not even that because it is wholly owned by private banks.

    The only thing that seems true of the official line Quasi-Governmental is that
    the Fed Chairman and the top boards are kind of appointed by the Government and
    that they make and/or exercise official binding monetary policy for the
    Government.

    But really they are all bankers or cozy with the banking interests that own the
    Federal Reserve.

    So, there really is more private and not much Quasi-Government about it.

    The way i and many people see it is that they make and dictate monetary policy,
    that suites them best, to the American people through the government.

    So, if the Fed is propping up the U.S. debt then I do not see how it can be
    said that we are “buying our own debt”.

    We are handing off the U.S. debt to those private banks aren’t we?

    And if that is true what price is the repayment to them by the U.S citizens
    going to be?

    What are the future consequences that might befall us as a result of it.

    I think the truth of this could be a stunning revelation to most of our
    citizens.

    Total dictatorial enslavement to the internationalist bankers that own the Federal Reserve under the structure of one world governance must be the answer because nobody has had the guts to tell us yet.

    Everyone must cry out:

    WHO OWNS THE FEDERAL RESERVE?
    WHAT IS THE PRICE WE MUST YIELD UP TO PAY BACK THIS DEBT?

    We are one step away from a total dictatorship
    the 2nd amendment

    • John Cherish

      Woodrow Wilson Committed treason against the country by selling out the US government giving the big banks the authority to control the printing of Money something strictly forbidden in our constitution that the treasury alone had that right.
      JFK was assassinated by the bankers because he dared to put into place a plan to do away with the central banks and re-establish the printing or coining of money by the treasury.
      JP Morgan caused the great depression in order to drive competitor banks out of business it went out of control and FDR complicated the great depression by making it last longer than it could have with his communist/socialist policies. WW2 brought us out of the great depression because suddenly our production quadrupled.
      The common thread here has always been the Bankers are causing most of the misery in the world. The wars, famine, and unemployment they are evil

  • CTConservatives47

    Technically, it’s not the politicians that allow this to happen, but the voters who allow them to get away with it. We have met the enemy and it is US. Nor is the problemn with an Obama, but with a nation that would elect a Marxist demagogue likje Obama. If voters had more intelligence they would never elect these people to office. Democrats are the worst vote buyers, but their success at it convices some Republicans that vote buying will keep them in office too, hence the RINOs.

  • TheTexasCooke

    United States Constitution
    Article1 – The Legislative Branch
    Section 8 – Powers of Congress

    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;

    To borrow money on the credit of the United States;

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

    First of all: Coining money is part of the “fix the Standard of Weights and Measures” in that
    Congress has the power to say that metal of this weight and purity [certified by the Federal Government through its coin] is equal to a dollar.

    Second of all: Borrowing, the placing of the people of the United States in debt, is
    clearly a power of Congress.

    Third of all: Laying and collecting taxes is also clearly a power of Congress.

    Fourth of all: NONE OF THESE AUTHORITIES MAY BE DELEGATED, BECAUSE THE CONSTITUTION DOESN’T GIVE CONGRESS THAT POWER!

    But, whenever the Federal Reserve PRINTS money, it is saying that a piece of paper, much like any other, is now worth one dollar etc. [usurping Congressional authority to “coin” money]. It uses that dollar TO BUY UNITED STATES BONDS! And, here’s the big one, it obtains value for this newly printed dollar by stealing it from every other
    dollar that is owned in the world! It is taxing not just every citizen of the United States, it is taxing citizens of other countries and OTHER GOVERNMENTS as well [usurping Congressional authority to tax].

    Folks, you can worry about the Second Amendment…or the First Amendment….but the Federal Reserved is gutting the Constitution and Bloomberg just laughed in your face about it.

    • leefromok

      Most people think that the fed is part of the government and is owned by us. But it’s not.
      The fed is owned by bankers, some in other countries.
      Our money used to be based on the value of gold, but it’s not anymore.
      At the rate we are going, our money soon be based on the value of paper!

      Texas Cooke, I know you probably understand this, but I write it for the benefit of those that don’t.

      The debt (which isn’t really ours) is so large that the only chance we have to recover our nation is to end the fed, and print our own money.
      How many politicians do you know of that are willing to take on the fed?
      The ones that are, are vilified and called crazy even by conservatives.
      Maybe they are crazy, because they are risking their lives to oppose the fed.

  • badbob85037

    The Blooming idiot has already passed laws where he tells his peons what to eat and drink. So he will now pass a law making it illegal to not own a wheel-barrel to carry your money when going to the 7/11 to buy a 12 oz. Slurppy

  • http://www.facebook.com/people/Gary-Clark/1591340690 Gary Clark

    Yes there is and the Fedral Goverment is printing it at the orders of Barack Obama.

  • http://www.facebook.com/dale.netherton Dale Netherton

    The power hungry mayor enabled by too many ignorant New Yorkers doesn’t mention what happens when the money supply gets so large the money is worthless. The Confederacy is about to reemerge in Manhattan.

  • spin43

    And my penis has infinite length!

  • http://www.survivingurbancrisis.com/ Silas Longshot

    See, that’s the ‘Robin Hood’ vote buying tactic they are so successful with…..you rob from the rich (claiming ‘fairness’) and give free stuff to your plantation voters…line up rite heya fo’ you free cellphone….here your ballot, vote for king zero, nex yea he pay you car gas.