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The Enormous Potential of Interest-Free, Government-Issued Currency, Part 2

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As the late Congressman Wright Patman, Chairman of the House Committee on Banking and Currency for over 16 years, said

, "I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money.   I believe the time will come when people will demand that this be changed.   I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue."

Source article from part of which the one you've just read was generated, by integrating quite a few edited excerpts.

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)

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Federal Reserve Chairman Ben Bernanke Congres... by Lance Ciepiela on Monday, Dec 10, 2012 at 6:27:07 PM
I don't get it.  Why would Congress (part of ... by Richard Clark on Monday, Dec 10, 2012 at 7:51:32 PM
Oh, "Congress, instead of spending by borrowing al... by Lance Ciepiela on Monday, Dec 10, 2012 at 10:15:21 PM
Excellent, thanks Richard.  Hits all the majo... by Kent Welton on Monday, Dec 10, 2012 at 10:39:43 PM
The current banking and Wall Street crisis is... by Lance Ciepiela on Tuesday, Dec 11, 2012 at 4:33:00 AM
Here are the first few paragraphs.  I've put ... by Richard Clark on Tuesday, Dec 11, 2012 at 7:46:21 AM
This article states some principals that have been... by Mari Eliza on Tuesday, Dec 11, 2012 at 1:41:01 PM
These concepts are fundamental and certainly not b... by John Rachel on Tuesday, Dec 11, 2012 at 6:50:26 PM
This is a call to replace the private mon... by Richard Clark on Tuesday, Dec 11, 2012 at 7:30:18 PM
Government issued money is the solution to the fin... by Robert Poteat on Tuesday, Dec 11, 2012 at 10:58:51 PM
keep thinking - yes, a **democratic** government-c... by siamdave on Wednesday, Dec 12, 2012 at 7:09:17 AM