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

To: antidemoncrat
Once LBJ moved it from a trust fund to the general fund the government could raid it and replace the $$$ with T notes.

Never replaced with actual T Notes, they were "IOU's" or "promises".

29 posted on 06/06/2018 6:50:53 AM PDT by 1Old Pro
[ Post Reply | Private Reply | To 26 | View Replies ]


To: 1Old Pro

Good point. I missed that.


73 posted on 06/06/2018 8:24:59 AM PDT by antidemoncrat
[ Post Reply | Private Reply | To 29 | 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