The 1% got a delicious, juicy, gravy train to ride on, but not enough seats were left over on that train for the 99%.
President Barack Obama and Federal Reserve Chairman Ben Bernanke -
the president does not have to "borrow" more money from and pay interest to the
Federal Reserve System (an exclusive banking cartel
The president can simply order the Treasury, by Executive Order, to start printing up debt-free United States Notes
and use that sovereign money, backed up by the American people, not the bankers at the Federal Reserve, to pay the bills, thereby bypassing the
Federal Reserve System's interest bearing and debt laden Federal Reserve
However, it is far easier for the president and congress to borrow money at interest from the Fed
than to stop all the borrowing (which would end the national debt
owed to the Federal Reserve System) from the Fed and print-up and spend United States debt-free sovereign money (United States Notes), and thereby having to raise taxes to pay for all the wars and all their other spending - the president and congress would then have to justify every single United States Note (real money of the American people and not the fiat money
of the Fed) they spend, and also have to face angry voters and irate corporate chieftains, totally upset at all their frivolous spending, and risk getting voted out of
As it is now (since 1913 onward
), they (the 1%
) got a delicious, juicy, "gravy train
" (easy to just borrow money from and pay interest to the Federal Reserve and kick the national debt plunder of the American people "down the road") to ride on, but no
seats are left over on that train for the (99%)
Support - Abolish The Federal Reserve System
Lance Ciepiela is a retired senior who had an interesting career in government service - a United States Marine Corps (USMC) Vietnam-Era veteran, who became interested in restoring the Constitution after I realized that George W. Bush had attacked (more...
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