"I sincerely believe the banking institutions having the issuing power of money are more dangerous than standing armies" - Thomas Jefferson
These banking firms are charging and collecting [ income taxes are collected by the Internal Revenue Service as payment on the interest debt owed to these bankers for their loans ] perpetual interest payments from the
American people on the national public debt [1913 $2 billion plus - 2010 $13 trillion plus ] of the United States.
These bankers have exclusive monopoly power to print the money
[Federal Reserve Note] of the American people and make loans to the Federal
Government at interest for their profit. They charge interest [up to 6%] on
every dollar that they print and loan back to the Federal Government.
These prosperous bankers, calling themselves the Federal Reserve System, are an independent agency, unaccountable, and unanswerable to the American people, have never
been audited, never pay any income taxes on their earnings, their meetings and deliberations are secret, and they exercise complete control over the United States economy by their power to print more money or
restrict the money supply, lower or raise the interest rates charged for credit
at their sole discretion, thereby causing the "boom and bust" cycles in the economy, even causing inflation, hyper-inflation, deflation, recession, depression, and the financing for the wars of the United States [1914-ongoing] by providing the loans to the Federal Government
at interest. Certainly, in a sovereign, free and independent nation, like the United States, their money must also be made sovereign, so the citizens are not forever in debt to a cartel of private bankers. Their money must be interest and debt free ["we gave the people of this republic the greatest
blessing they ever had, their own paper money to pay their own debts" - Abraham
Lincoln] to these banking firms - their money [United States Note] must be
authorized, printed, issued, and distributed in the economy in sufficient
quantities for steady non-inflationary economic growth [3% - 6% annually] by
the people of the United States, acting through their Treasury Department, debt
and interest free, without having to loan the money printed from these bankers at interest.
The Federal Reserve Act of 1913 must be revoked, and Executive Order 11110, still valid, must be reinstated, authorizing the Treasury Department to print, issue, and distribute
United States Notes that are interest and debt free - the American people and
their United States not being dependent on and in perpetual debt [1913 -
ongoing] to this banking cartel for their privately issued
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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 W Bush had attacked (more...)