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They weren't in a position to sue the United States, but the United States will be brought in as a defendant in these cases. Why? Because now the bankruptcy of the United States is at issue.

Do you think the New York Fed and Bill Gross will be content to "share the spoils." Don't think so. Gross will sue the New York Fed if he has any brains. Remember, you sue everyone. And that's what will bring in the United States.

The United States can define money, but it can't define bankruptcy. That is an objective test. Watch out for this! Remember what brought down Louis XVI: the bankruptcy of France.

This is the end game for our poor economy. In the end, thieves always fall out.