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To: Captain7seas; builder
“it's mathematically impossible to pay off the debt”

Yes, the Creature from Jekyll Island describes the Fed at its inception. The Fed is a foreign owned banking entity. It is time to scuttle the Fed and make them eat their own debt.

Return the control of money to the US Treasury. Only problem with this of course is that attempts to implement this part of it has gotten Presidents' killed.

452 posted on 04/04/2016 7:22:35 AM PDT by GGpaX4DumpedTea (I am a Tea Party descendant...steeped in the Constitutional Republic given to us by the Founders)
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To: GGpaX4DumpedTea

“Return the control of money to the US Treasury.”

Should we have a reincarnation of Alexander Hamilton that would be a good idea. Otherwise forget it.

You need to revue the history of where the demand for a federal reserve bank came from.

It was a demand of the Populist movement from the 1880s because the money supply was controlled by the big Eastern banks. When there was a run on them, they called in loans to the Western farmers and ranchers and even successful ones were crushed. Hence, the adamant opposition from those banks to having their power restricted. Treasury NEVER controlled the money supply other than carrying out Congressional mandates to buy more or less silver or gold. It was more controlled by random strikes of precious metals than by Treasury.

Most of those opposed to the Fed don’t know why it was created or what it really does. Or that it turns over all its profit to Treasury. In other words, it is taxed at 100% to the tune of 30+ billion a year.


470 posted on 04/04/2016 9:16:27 AM PDT by arrogantsob (Nationalist, Patriot, Trumpman)
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