As a sovereign nation with full authority and power to issue its own money, America has adopted a 'crazy' money system using privatized currency created as debt extended into the economy in the form of the principal of loans that must be repaid with additional interest, which is not supplied, resulting in contractual terms th... More..
Should the United States abandon the Federal Reserve?Like an evil villain in an old time melodrama, only the villain having the knowledge of the secret code needed to disarm the bomb that is about to explode, the Federal Reserve System is a pivotal player in America's central banking system, inextricably woven into the fabric... More..
Of course the U.S. is headed for a depression, like so many other nations, England, Japan, and the Philippines to name a few, using the British Banking System with its privately owned central bank we are going to suffer a similar fate.Any government abdicating its sovereign responsibility to provide plenary, monetary resource... More..
Understanding the Proper Role of Government The proper roles of government are well defined and spelled out in Preamble of the Constitution. The intent of those few phrases is to state the purpose, goals and objectives of the American government. The success or failure of our government can be measured in terms of the ide... More..
The national debt is testimony to our ignorance and confused thinking. Lost in a fog of intellectual noise and deliberate obfuscation is the real reason behind the debt.If you have ever asked yourself, "Why do we have a national debt?", then you probably came up with the stock answers about excessive government spending, pork... More..
As William Jennings Bryant said, "We have got to take the bankers out of government." Until you do, America is at risk. Government in general and congress in particular is responsible for America's money. Congress, not the bankers, has the power of the purse, and the responsibility of using it. When congress abdicated its aut... More..
When people finally understand the cause of this financial crisis, they will see that the remedy is simple, easily applied and far from being painful, a great benefit to most people.The cause of the crisis is the private issuance of our money supply by the Federal Reserve and commercial banks. When money is created out of not... More..
For a quick fix, the government can boost spending for maximum economic effect by taking a leaf from Abraham Lincoln's book, ordering the Treasury Department to issue U.S. currency, called greenbacks, in almost inexhaustible quantities and without increasing the nation's debt, substituting that currency for government bonds, ... More..
Although the figures for the 2010 budget are huge, $3.6 trillion, they are not large enough to replace the money draining out of our economy as interest payments to banks and adding new money for our increasing population and economic growth. Simple calculations indicate that an optimum budget should be in the $4.5 trillion r... More..
Bill Parks
Articles Written: 9