These so-called “debt instruments” were created by the U.S. treasury department over the years and given to countries that have trade surpluses with the U.S. There are, for example, special sets of boxes specific only to certain countries or institutions.
The problem is that after nearly a century of issuing these debt boxes, the chickens are coming home to roost. President Obama tried at the recent G8 plus 5 meeting in Italy to borrow more money than George Bush junior did in 8 years. He was told a resounding no. The result should be total economic chaos in the U.S. by September 30th . The good news for the Americans is that it is not the U.S. that is bankrupt but rather a corporation known as the United States of America Corporation headquartered in the independent statelet known as Washington D.C. Once the Feds go down the drain of history, the American people will be provided with extremely generous funding to rebuild their industry and develop suppressed technology. The Pentagon will also be given generous funding to help it transform itself into a more benevolent organization. In the meantime, we know the Feds are not going to go quietly into the night so we have to be extremely vigilant in stopping whatever crazy thing they try next. The question for Mr. Dan is, when are you going to go public and tell the world the truth?