The Situation Today

Over the past three weeks, I've been reviewing the history of money and fractional reserve banking. Once the Federal Reserve was created in 1913, our economy was turned over to a private corporation for control and ultimately our slavery. Despite the expressed rights in the Federal Reserve Act of 1913 to change the system by Congress, no one has done so.

So, what does our government do instead. They continue to spend at record levels. Who gets the bill for this spending? That's right, we do, "John Q. Taxpayer". It is interesting to note that President Bush and his administration has spent more money than all other presidents combined. And that was just in his first term! Melanie Hunter, a CNSNews.com Senior Editor, on November 4, 2005, reported that according to the Treasury Department, from 1776-2000, the first 224 years of US history, 42 US presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but the Bush administration borrowed $1.05 trillion in his first term as president alone. Do you think spending has gone down in his second term?

Rep. John Tanner (D-TN), a member of the House Ways and Means Committee said about the first Bush term, "No American political leadership has ever willfully and deliberated mortgaged our country to foreign interests in the manner we have witnessed over the past four years."

Where has all of this money gone? Some of the obvious answers are the War on Terror and Hurricane Katrina and other national disasters. Do we feel any safer today than we did in 2001? What other progress was made in the war on terror? Wasn't there a lot of flap about how F.E.M.A. (Federal Emergency Management Agency) handled the Katrina relief effort?

Speaking of the war in Iraq and Afghanistan, has anyone seen the movie "Iraq for Sale: War Profiteers"? This documentary interviews soldiers, officials, and employees of Halliburton, KBR, and other companies that are making huge profits on behalf of our soldiers protecting our freedom, while providing horrendous service and highly questionable management decisions concerning operations in Iraq. They were awarded billion dollar contracts without competitive bidding, and are bilking the taxpayers for "cost plus" services. This means that all services are paid for plus huge profits are added before the government and the taxpayer gets the bill. You would be surprised by the lavish conditions executives of the companies were awarded vs. the squalor our soldiers lived in a few feet away. Who would be interested in cost savings with that kind of arrangement? The more they spend, the more they make.

One example, KBR would charge the government $100 for every bag of laundry done for the soldiers. The conditions of the laundry after cleaning was so bad that many soldiers did not want to wear their clothes and some attempted to do their own laundry in the sink. That practice of cleaning their own clothes was quickly stopped by their commanders.

Just to give a little background of these companies, KBR is a former subsidiary of Halliburton, Inc. Dick Cheney, Vice President of the United States, was CEO of Halliburton until 2000. His severance that year was $34 million, and that does not include the stock and options he still owns and gets rewarded every year. Is there a possibility that the good ol' boy policy was used in awarding those contracts?

They will be more about the conditions that exist today. Stay tuned ...

But your eyes and your heart are set only on dishonest gain, on shedding innocent blood and on oppression and extortion. Jeremiah 22:17 (NIV)

If you have comments or questions, please feel free to contact me at the address below.
Email: DeltaInspire@panama-vo.com