Instructions to socialize the U.S. monetary system.

Let us imagine the financial system worked differently.    If the power to print paper money were given to the states then the federal government could be able to finance expenditures through borrowing from the states, who print the money.   This...

Only 20% of the FEDs income returns to the US Treasury.

I was listening to an AM radio talk show the other day and a guy phoned in and asked the host if he knew whether or not the Federal Reserve banks paid taxes on their profits.  The talk show host didn't know, even with the help of a Oregon US representative on the phone....

Instructions for reforming the US monetary system.

These are instructions for reforming the Federal Reserve.   I am inspired from the proposed bill by Dennis Kucinich at http://monetary.org . 1.  Convert all existing debt, which is based on...

Maybe CO2 isn't causing melting ice caps on its own.

Melting ice is usually what comes to mind when someone says the phrase "global warming".   We draw a conclusion, from our experience in the world, that warm air causes ice to melt.  As children we saw this time and time again in our own experiments with ice...

Federal Reserver Considers Issuing Its Own Debt Collateral

The U.S. Federal Reserve is considering issuing its own debt for the first time, the Wall Street Journal said, citing people familiar with the matter.Fed officials have approached Congress about the move, which...

The solution to Americas financial mess.

The Two Step Plan for National Economic Reform and Recovery 1. Direct the Treasury Department to issue U.S. Notes (exactly like Lincoln's Greenbacks) to pay off the National debt.  For example, the value of your mortage gets converted to cash and is held in the bank as...

Where is the bailout money coming from?

Funding for 700 billion bailout comes from US taxpayers and not from foreign bond purchasers.  The proof is in Section 118 of the house bill passed on October 3rd, 2008.  The government is actually "appropriating" funds from the government budget for government bond...
 

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