pers rote quote...""The 300 billion repays the principal outstanding on the previous ten-year bonds.""

thank you

""One lot of bonds matures,
you issue another lot to pay them off.""

and sometimes pay the intrest
but now it sems simply roll it over
[pay it on the never never..while sending the people broke

""All governments do it. Even ours."'

mate were taxed too much
we pay far too much for rent..and houses
and for powwer..and rego/licence fees..and the 200 plus taxes

we are living to work
not working to live

we are as bad off as the abo..from who we stole these lands
we are the coolie..we are the victim of the rum corpse
we are policed and regultated.[we are enslaved]

we elect an elect govt
that lords it over us with lies and spin
who sets rules..signs treaties..that set us up for al these multinational scams[but back to your words]

""As we have discussed before,
the money is borrowed by the government,"'

and as i said before govts USED to do it
now bankers do it..[and bankers arnt elected..
yet tell our elect what to do..TO us..next

to us[the trust]..for proffit.
.not for us..as service

""They pay a fixed amount of interest during the term of the bond, and return the principal at maturity.""

hence the rising state debt of qld has risen
from 65 billion to 75 billion

the same as grece italy..ireland usa..etc etc

...*...*..*"So of course the $300bn goes to the bankers."..8

THANKYOU

""They lent the money in the first place.""

no mate thats the lie
they creded the debt[by book entry]
liability of a bond..

needing extra money
to settle the contract

extra money..they endlessly bleed
from us wage slaves

also under ursury
at odious terms

my fix
ban ursury

all debt must be repaid..in full
BUT ALL INTREST IS CRIMINAL*

did you watch insight last night
so many people running from the cameras..wow

So close, one under god. I really thought for a brief moment that you had got it.

>>...*...*..*"So of course the $300bn goes to the bankers."..8
THANKYOU
""They lent the money in the first place.""<<

The government wants to borrow money. They go to the banks, and offer them bonds. The banks buy them. When the bonds mature, the government gives them their money back. Good deal, eh?

But this is just clutching at straws:

>>no mate thats the lie
they creded the debt[by book entry]
liability of a bond..
needing extra money
to settle the contract
extra money..they endlessly bleed
from us wage slaves
also under ursury
at odious terms<<

Who are "they" in this context? What "extra money"? What "odious terms"?

I think you'll find that interest rates for "us wage slaves" is going down. Both here, and in Europe. Check it out.

mate if your talking about bbankers
and i reply with 'they'..im talking about the bankers

they the bankers created the book debt
which should have gone..off the books
immediatly the bond was issued

because the bank then sold it on
getting a credit on the books

but instead..they[bankers]..
sell it to traders..who sell it
till eventually its again on sold..because its value is govt guarenteed

why is it guarenteed..because the serfs..the wage slaves..are liable for that ammount...at the maturity date..[plus ursury]

its the ursury..[intrest]..thats criminal..when we get over 6%
[the ammount when even italy..[with 3 trillion of intrest bearing debt]..as reported today on deutcha tv....begins to falter..

anyhow you can rave/destract..and ridicule
all you like..

odious debt..via odious terms..
will bring capitalism to its knees
i only tried to wake up the sleepers

but your too clever
at putting them back to sleep

yep all if fine...govt
issue whatever debt instruments you want

capitalists seize whatever govt asset/services you want..
money market steal away the compulsoryu pension contribution

the watchkeepers sleep
im over explaining to any of ya

the rule is greed is god
do as you like

go bernie madeoff..[with billions]
bah..per ridicules..im over it

Doesn't surprise me much, one under god.

>>bah..per ridicules..im over it<<

You do seem to be running out of angles to explore.

So let's take a quick look at your parting shot.

>>they the bankers created the book debt
which should have gone..off the books
immediatly the bond was issued<<

At the point where the bond actually reaches the bank, it will increase their own debt by the amount that they paid, but their assets will be increased by the value of the bond. So rather than "go off the books", we have a pair of matching transactions.

>>because the bank then sold it on
getting a credit on the books<<

If they do sell it on, their debt position will be reduced by the amount of the sale, and the asset itself will disappear from their balance sheet. If they sell it on at a higher price than they bought, they will have made a profit. Whatever, the books will still balance.

>>but instead..they[bankers]..
sell it to traders..who sell it
till eventually its again on sold..because its value is govt guarenteed<<

They may sell it. They may keep it. After all, government bonds look good in the "low risk, low reward" corner of their portfolio. But the government guarantee is only as good as its economy, so if there is a smell that the debt might not be honoured, a) the price at which it changes hands will go down, and b) the yield will increase. The new owner will have assessed that the higher yield adequately reflects the risk. Mind you, he is more likely to put it in the "high risk, high reward" category this time.

>>why is it guarenteed..because the serfs..the wage slaves..are liable for that ammount...at the maturity date..[plus ursury]<<

You see, that's just wrong. The government borrows, the government pays back. In between, they pay interest at the rate they agreed up front. Serfs don't get a look in.

>>its the ursury..[intrest]..thats criminal..when we get over 6%<<

Were you around when interest rates in Australia hit 18%?

I was.

And I'm still here.

i was there then..and worse locked in after it fell
but so what..i never copped the high or the low

you act like a bank has the cash to buy the bopnd
you must know the fed monetises it..not the bank

just as you know the house of settlements
holds most of the actual securities..day traders trade with
speculaters speculate upon..[they never hold an actual share]

come to that the house of settlements dont hold the actual share either...[seems they needed to borrow funds to buy them..so the actual shares arnt even held 'by them'..but those who supplied the credit..so we return back to the fed or other secured party

thing is we dont know
every day 3 times more promise of gold futures..gets traded than all the actual real gold ever mined..[and the connex..has complicated terms to acces the real stuff]

which makes it more vital we know where the 300 tons of libia gold went to[and for that matter who stole sadman insanes gold..[plus that great lump of gold that disappeared when the 911 buildings 'fell down'

thing is our histry is litterd with bankers killing leaders..from the latest[gadafly..sadman in sane..through to jfk and even as far back as ceaser..the common link is they all tried to issue their own govt money[read pres order 11,110]

buty again why should i care
the info is there for any fool to find
anyone who really knows [to wit you]..its only them
who need concern themselves with silence or ridicules...some just know too much

so thank you for revealing how ignorant i am
i will let you have final say

if you think this week was great
you will love next week

its worth noting..a banker now is the new greece leader
italy too big to fail..tune in to the bbc
soon all the bankers go to jail

asset seisure before we become like argentina
[where those in the know..took all the 'ready cash'
soon your cash machine too shall run dry..but in the end ya cant eat money

those who sought it all..then charged extra ursury on top
have achieved what they set out to do

steal your peace of mind .and your job and your home

steal your pensions..and when they shut down overnight..
steal your savings./.your future..then in come those on temp jobs..to rip down your workplace..and export it to china

china..will reap the harvest
will own the patents..ther govt services..your parks..your food
will in time own you..and then recall it was juliar who put the fibnal straw on your back

juliar who gifted 10 billion top imf
juliar who issued bonds..your obligated to serve
[so didnt need to count the intrest on it as a budgetary cost]

they gambeld..you bled
we followed where they led