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To: rabscuttle385

Right, then we can go back to letting banks print their own currency once again. And JP Morgan can fill the void left by the Fed’s demise, just as it was doing before 1913.


16 posted on 11/19/2009 7:54:43 PM PST by Pelham ("Badges?!! We don' need no stinkin' badges!!")
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To: Pelham
What about a debt-free, government-issued, fiat currency like Lincoln's Greenbacks? According the the US Constitution, Congress has the right to issue our money, and cannot delegate it to someone else. We have been conned into borrowing our own money, thus incurring an unpayable debt and tax burden.
18 posted on 11/19/2009 8:09:48 PM PST by Fingolfin
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To: Pelham

As long as my bank backs its currency with specie, I DON’T CARE. Remember, the States are not to make anything but gold or silver into tender for debts, per Article I, Section 9.


30 posted on 11/19/2009 9:46:34 PM PST by dcwusmc (We need to make government so small that it can be drowned in a bathtub. III OK)
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