Originally this was going to be a comment to the blog post here: The U.S. Personal Income Tax: It Goes to The Family Rothschild
In my anger, I wrote this....
Thomas Edison once said to the effect of: Treasury bonds and paper script do exactly the same thing-- one costs the taxpayers money, and the other doesn't.
What he meant by that was that Treasury Bonds pays each of their investors a return for their investment at the expense of the taxpayers
. Argue it however you like...script ("worthless" paper money)....controls commerce just as effectively as "regular" money-- yet costs the taxpayers nothing
Now here's the catch-- what they don't want you to know: NEITHER of them ("regular" money or script) were ever backed by any physical object like gold, silver, or oil. They are both backed (valued) by our government's right to tax us! Directly or indirectly, we gave that power to them to make our society function!
So...to make our country FLOURISH again...all we have to do is to have the Federal government (NOT the Federal Reserve) phase out the the old "regular" money and phase in a new (NON-Amero) currency at equal value, while destroying (burning) the old "regular" money as it comes in. In other words, existing welfare payments AND interest on existing Treasury Bonds) would be paid in the new (equally valued script), and taxes paid to the Federal Government in the "old" money would be eliminated-- either by electronic deletion or physical burning. As time passes, the new paper script can be printed (or destroyed) to control our American commerce naturally-- without having to raise or lower interest rates artificially!
In case anyone missed it, let me spell it out again...for the cheap seats:
WE DON'T NEED THE GREEDY BANKS ANYMORE! WE NEVER DID!
Ahem...God that felt good....I feel better already :)