[PGR88]

Thank God we have a Federal Reserve that can manipulate interest rates and issue a totally unbacked fiat currency and massive debt - that way NOBODY has to pay for it! Just print up more money and debt!

Otherwise, how would the Left and the massive progressive welfare state keep their social-engineering schemes running??

[PGalt]

9. The management of a great funded debt and a extensive system of taxes will afford a plea, not to be neglected, for establishment of a great incorporated bank. the use of such a machine is well understood. If the Constitution, according to its fair meaning, should not authorize it, so much the better. Push it through by a forced meaning and you will get in the bargain an admirable precedent for future misconstructions.

http://www.constitution.org/cmt/freneau/republic2monarchy.htm

Thanks, PGR88