Jason P. Klue

A man deposits $10,000 in a bank. The bank thanks him and records the deposit on its balance sheet. But not where you might expect. For the bank, that $10,000 is actually a liability – because technically it belongs to the customer and might have to be returned. So the bank does what banks do. It lends $9,000 of that money to someone buying a car. Now something interesting happens. The $9,000 loan appears on the bank’s books as an asset – because someone now owes the bank money. So the same $10,000 is doing two jobs at once. The depositor believes he has $10,000 safely in the bank. The borrower now has $9,000 to spend. That $9,000 gets deposited somewhere else. The next bank lends $8,100. That gets deposited again. Then $7,290 gets lent out. Soon the original $10,000 has quietly turned into tens of thousands of dollars of loans scattered across the economy. Everyone believes they have money. Depositors see balances in their accounts. Borrowers have the money they spent. Banks show healthy assets on their balance sheets because people owe them money. And here’s the best part. Banks charge interest on all those loans – maybe 7%. But the depositor who supplied the original money might earn only 0.5% on their savings account. So banks collect interest on money that mostly wasn’t theirs to begin with – and keep the difference. The system works beautifully. As long as nobody asks for the money back at the same time.

A U.S. Marine Corps veteran was removed from the Senate Armed Services Subcommittee on Readiness and Management Support hearing on Wednesday for protesting against military action in Iran. Brian McGinnis, a Green Party candidate running for Senate in North Carolina, was forcibly removed by U.S. Capitol Police and Sen. Tim Sheehy (R-MT), who said following the confrontation that he "decided to help out and deescalate the situation."

Senator Sheehy joined Capitol Police in lifting up and ejecting anti war protestor Brian McGinnis from a SASC subcommittee hearing. McGinnis is a Green Party candidate running for Senate in N.C. An antiwar activist filmed the video below:

U.S. senator Tim Sheehy (R- Montana) broke a uniformed marine’s hand today during a senate armed services committee hearing after the finding out the marine is opposed to dying for Israel.

[RG911Team] This might help you make sense of everything…

JPMorgan made $40 billion by manipulating silver and then paid a $920 million fine. That's 97% pure profit.

FBI Whistleblower Garret O'Boyle: "The FBI will crush you. This government will crush you and your family if you try to expose the truth about things they are doing that are wrong."

Isn't it interesting? $200 billion spent on cancer research every single year, and the only thing we have to show for it is a 90% increase in cancer deaths since the 1990's.

It looks like the entire purpose of ICE right now is to instigate a civil war