Friday, February 26, 2016

Break the Chains of Poverty

Break the Wage-Slave Chain 


If Congress used the power it was granted by the Constitution to create & manage the Money supply, it could free the people from the bondage of Poverty and still retain the Market Capitalism that rewards exceptional performance with exceptional returns.

The Federal Reserve Banks have the Power to create money just as  Corporate Banks do.  The problem is that Congress has been persuaded with donated election funds by Lobbyist to prevent the Federal Reserve from financing the Federal Debt in the PrimaryAuctions conducted by the Treasury Department. Only a select group of bankers buy Bonds at the primary auction. The interest & fees the Corporate Banks earn off these Bonds is a significant subsidy paid by taxpayers. The Federal Reserve could buy the Public Debt at 0% interest and save the taxpayers Billions. 





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