Copyrighted Image? DMCA | And... it s gone! The Fed and US could simply CANCEL all $5 trillion of intragovernmental debt. Congressman Alan Grayson is correct that the Fed could cancel its own US national debt holdings of ~$2 trillion. This could begin public justice from how our current system transfers public assets into 1% private profits: currently conservatively estimated at $30 trillion held in tax-free offshore accounts, and satirized in South Park s Emmy Award-winning episode on our bailing out the big banks with the catchline, "And it s gone. |
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At www.washingtonsblog.com
At www.washingtonsblog.com
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