This excellent video documents the disgusting financial black hole we’ve dug ourselves into. Curiously enough, they don’t offer the obvious solution to the problem: Abolish the Federal Reserve System, debt based money, and fractional reserve banking and return this country to the use of debt free money printed by the U.S. Treasury instead of the Federal Reserve Bank – a private for profit corporation.
If the government is authorized to print $1 bonds to create debt for our debt based economy, it is authorized to create $1 treasury notes completely debt free outside the control of the Fed and the international money changers. The big question is: Why don’t they? You know the answer as well as I.
It has been done twice before – in pre-Revolutionary War days with Colonial Script, and during the Civil War with Abe Lincoln’s treasury notes nicknamed “green backs”. Both worked like a charm and without debt. The Bank of England put a stop to Colonial Script by threatening to call in all of King George’s loans if he didn’t outlaw it, and one of the first things the Fed did when it was formed in 1913 was remove Lincoln’s green backs from circulation because they were outside of their control.