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...
opinion by djangofan | 39 wks ago | updated 39 wks ago 85 views | 0 recommendations | 0 comments
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....
opinion by djangofan | 39 wks ago | updated 39 wks ago 3306 views | 0 recommendations | 3 comments
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...
opinion by djangofan | 41 wks ago | updated 37 wks ago 344 views | 8 recommendations | 8 comments
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...
opinion by djangofan | 42 wks ago | updated 39 wks ago 181 views | 0 recommendations | 0 comments
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...
created by djangofan | 49 wks ago | updated 49 wks ago 96 views | 1 recommendation | 0 comments
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...
opinion by djangofan | 1 year ago | updated 1 year ago 46 views | 0 recommendations | 0 comments
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...
opinion by djangofan | 1 year ago | updated 1 year ago 3447 views | 0 recommendations | 7 comments