When our "Founders" formed the "federal government" they authorized it to "borrow money and pay debts" nowhere did they authorize the national government to become a "banker" and loan taxpayer money to any one, domestic or foriegn. Neither did they authorize the giving away of taxpayer money to any one, either foriegn or domestic. And now it is obvious that they would have done it anyway. (since they have without constitutional authority, and still are today) They currently ignore the constitution in many ways, as if it didn't exist.
Although too late Thomas Jefferson realized that they had made a mistake, he wrote "I wish I could take the power of borrowing from the federal government." Now we know why Jefferson would have taken the power of borrowing away from them.
Today they have forgotten the pay debts part, they have borrowed us into economic ruin, they pass debt on from year to year from generation to generation until it has become horendous, impossible to pay and they keep on borrowing. They give our taxes away and then raise them ever higher to continue their unstainable spending.
Today they have mortgaged us body and soul to world bankers, and to other world governments. It could well be too late, but we need to demand that they be, as Jefferson stated 'tied down by the chains of the constitution. AT THIS POINT GOD HELP US ALL.
Comments (9)
While I tend to agree with you, what does this have to do with this site and its purpose?
Here, Here..!
As to Twitchy's comments.. Very Simple.. If we are "broke" it will not matter, to any good idea, as we will not have the money to make it happen..
Isn't the purpose of this site to make suggestions, to put forth ideas and see what others think? Isn't a suggestion that we bind them down by the constitution valid, and, no longer allow governemnt to dole out, give away, grant, loan out our money since constitutionally they do not have that authorazation?
No, it appears to be a rant, not a suggestion. Perhaps if you actually phrased it as a suggestion....
"No, it appears to be a rant, not a suggestion. Perhaps if you actually phrased it as a suggestion...."
Man, you really seem to have an issue with other's Thoughts.. First, I see you telling those like myself, what we would believe, when it comes to O's Long Form BC and here you go again.. Telling others how to make a suggestion.. Do you have a self esteem issue or what?
No, I have a problem with liars and frauds. And ignorant, gullible fools. What you believe, what your opinions are, is totally irrelevant, if it doesn't agree with at least some facts.
I also have a problem with arrogant, inconsiderate a**holes, who think the rules don't apply to them.
The problem is the way Banking is done.
Money is created through debt! This IS the source of new money coming into the system.
This is why we are throwing money at the banks hoping they will loan it out! It disappeared, wow, imagine that!
SOLUTION: Educate the public about where money comes from! Then be TRANSPARENT about where it goes.
Audit the FED!
The Bilderbergs and the Rothschilds of the world run this country. Obama is a puppet. He has (10) Rothschilds in his administration and Geithner met with other Bilderbergers.
Congress shall coin and regulate the currency. US Constitution Article I Section 8.
http://www.themoneymasters.com
See the Monetary Reform Act: which would require banks to increase their reserves on deposits from the current 10%, to 100%, over a one-year period. This would abolish fractional reserve banking (i.e., money creation by private banks) which depends upon fractional (i.e., partial) reserve lending. To provide the funds for this reserve increase, the US Treasury Department would be authorized to issue new United States Notes (and/or US Note accounts) sufficient in quantity to pay off the entire national debt (and replace all Federal Reserve Notes).
The funds required to pay off the national debt are always closely equivalent to the amount of money the banks have created by engaging in fractional lending because the Fed creates 10% of the money the government needs to finance deficit spending (and uses that newly created money to buy US bonds on the open market), then the banks create the other 90% as loans (as is explained on our FAQ page). Thus the national debt closely tracks the combined total of US Treasury debt held by the Fed (10%) and the amount of money created by private banks (90%).
Because this two-part action (increasing bank reserves to 100% and paying off the entire national debt) adds no net increase to the money supply (the two actions cancel each other in net effect on the money supply), it would cause neither inflation nor deflation, but would result in monetary stability and the end of the boom-bust pattern of US economic activity caused by our current, inherently unstable system.
Thus our entire national debt would be extinguished – thereby dramatically reducing or entirely eliminating the US budget deficit and the need for taxes to pay the $400+ billion interest per year on the national debt - and our economic system would be stabilized, while ending the terrible injustice of private banks being allowed to create over 90% of our money as loans on which they charge us interest. Wealth would cease to be concentrated in fewer and fewer hands as a result of private bank money creation. Thereafter, apart from a regular 3% annual increase (roughly matching population growth), only Congress would have the power to authorize changes in the US money supply - for public use -not private banks increasing only private bankers' wealth.