Friday, April 10, 2009

The Theft of a Nation

To put these numbers in perspective, the United States of America, or, more precisely, The American people, are said to own 261 million ounces of gold, supposedly stored in the same Fort Knox vault that Goldfinger found so appealing. At $1,000 per ounce, the people's gold has a value of $261 billion dollars. TARP 1 alone has cost 270% of the entire value of that singular, tangible American asset. The total $13 trillion bailout cost thus far is 4,980% of the value of America's gold asset. Fort Knox has been robbed, not by Goldfinger, but by the cheats who concocted the nuclear financial waste that has crippled America's financial system and economy.

I've been trying to find out how much gold is in Fort Knox. If this number is accurate, it is a surprisingly small amount of gold in relation to the $11+ trillion national debt.

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