Eliminating Our National Debt--Takes Real Guts

Thursday, April 16, 2009

America's Financial Freedom 101--Who Has The Guts

Franklin Roosevelt pronounced the country officially bankrupt, rescinded the promise to pay in gold and instantly created legal tender. He monitized the debt just as Hamilton showed 200 years ago. Lincoln created Greenbacks to thwart Bankers who wanted to charge the Union outrageous rates.... Sign in to see full entry.

posted by Cebes at 11:31 AM | add or view comments (5) | leave calling card | link to this | view only this entry
About this Blog

The shell game of the Fed creating money from thin air and then charging us interest is what is killing the American economy. We have bonds and cash. The Fed controls both and with a stroke of a pen could eliminate trillions in debt. But won't.

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