The koH Resources Blog, All Commercial Financing Information » Government debt http://blog.kohresources.com All Commercial Financing Information Fri, 23 Jul 2010 02:33:38 +0000 en hourly 1 http://wordpress.org/?v=3.0 Federal Reserve Abolished And Currency Issued Only By The Government http://blog.kohresources.com/the-federal-reserve-abolished-and-currency-issued-only-by-the-government/ http://blog.kohresources.com/the-federal-reserve-abolished-and-currency-issued-only-by-the-government/#comments Mon, 16 Nov 2009 04:41:32 +0000 braudis http://blog.kohresources.com/?p=631 The Federal Reserve abolished and currency issued [slider title="More..."]only by the government… How would you like to soon see that as fact? Some of us are still ignorant of the fact that the national debt is owed to the Federal Bank, a private corporation that prints the money and lends it
to the government of the United States of America with interest. This interest is paid to the Fed. It is not used for what Americans need, like better schools, highways, etc.; it’s used for what the bank needs. Magic, huh?

In my opinion, our government should run the currency and eliminate the current banking system that has burdened our country with incredible debt. Then we will be a free country. Otherwise, this body of ranting and raving that we do everyday, wrapped in the cloth of politics and finance, is pointless. What’s your opinion?

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