Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: upchuck
This sounds like Bill Still's plan to repay the debt with un-borrowed money - quarters.
8 posted on 11/30/2012 7:16:21 AM PST by Sgt_Schultze (A half-truth is a complete lie)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Sgt_Schultze

I agree with Bill. The Federal Reserve is uncostitutional. The US Treasury has the responsibility to coin money. These coins are sovereign and contain zero debt.

A Federal Reserve Note is issued debt and is worth nothing more than a promise of repayment.

As a sovereign nation/state, who is constitutionly allowed to coin our own money, We could easily erase our debt by having the US Treasury issue coins in large denominations.

Instead we will allow the bankers to control our debt and force us into servitude.


57 posted on 11/30/2012 8:23:52 AM PST by PJammers (I can't help it... It's my idiom!)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson