Constitution Club

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When you were born your government forged your name and created a B...

Aug. 21st, 2015

 

Prior to the 17th century most money was commodity money, typically gold or silver.  As the first public bank to “offer accounts not directly convertible to coin”, the Bank of Amsterdam established in 1609 is considered to be the first central bank.  Since then central banks and their international bankers have replaced real value gold and silver with worthless debt creating imitation (counterfeit) currency.  It was this printing of this counterfeit money that forced both the USA and Canada into bankruptcy.  The US Central Bank called the Federal Reserve Bank forced the USA into bankruptcy in 1933 and Canada soon after.

The United States Federal Government was dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; Declared by President Roosevelt, being bankrupt and insolvent. H. J. R. 192, 73rd. Congress in session June 5, 1933  – Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Government Offices, Officers and Departments.  The United States Federal Government exists today in name only.

The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a De facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund.

Public Law 94-564, page 8, Section H. R. 13955 reads in part: “The U.S. Secretary of Treasury receives no compensation for representing the United States?”

Gold and silver were such a powerful money during the founding of the United States of America, that the founding fathers declared that only gold and silver coins can be “money” in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded their coupons as money, or “currency.” Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes make no such promises, and are not “money.”

A Federal Reserve Note is a debt obligation of the federal United States government, not “money.” The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the United States of America to issue currency of any kind, but only lawful money, – gold and silver coin.  It is essential that we comprehend the distinction between real money, and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper in debt. We the People no longer have any “money.” Most Americans have not been paid any “money” for a very long time, perhaps not in their entire life.  The US and Canadian government ceased to have money a long time ago – since 1933.

Then why is income tax money collected if it is not used as government money to pay for government expenses?  Your federal income taxes do not go towards financing the operation of your country. United States citizens pay their taxes to the Internal Revenue Service (IRS). The IRS is not an agency of the US federal government.  It is an agency of the International Monetary Fund (IMF). Canadian citizens pay their taxes to the Canada Revenue Agency (CRA). Likewise, the CRA is not an agency of the federal government. It too is an agency of the IMF. All income taxes paid by all Americans and all Canadians eventually end up being deposited with the World Bank/IMF.

The IRS and the CRA are bank appointed bankruptcy receivers for the USA and Canada.  When a corporation (the Unites State of America and Canada) goes bankrupt the bank (World Bank/IMF) will step in and appoint a receiver to act on its behalf. All finances generated by the corporations the Unites State of America and Canada are sent directly to the bank because the bank is now providing all the operating finances of those bankrupt corporations.

If our taxes don’t finance the operation of the federal government then what does? Or a better question is, how does the World Bank / IMF (World Bank and IMF are one and the same thing – banking institutions in the anti-sovereignty and negative prefix UN, a prefix meaning “not” United Nations system) provides the operating funds to the corporations of UNITED STATES and CANADA?

They do it via your birth certificate! Most of us have assumed that our birth certificate is just that – a certificate recording the information of our birth and nothing more. The following is taken from Robert Arthur Menard’s book, Bursting Bubbles of Government Deception. It reveals to us just what our birth certificate represents to our governments and the UN created and controlled World Bank.

BIRTH CERTIFICATE. A formal document which certifies as to the date and place of one’s birth and a recitation of his or her parentage, as issued by an official in charge of such records. Furnishing of such is often required to prove one’s age.

Birth Certificate is a negotiable instrumenta registered securitya stock certificate evidencing, or representing, the preferred stock of the corporation and against which you are the surety; it is a pedigree chattel document establishing the existence of our straw man, a distinct artificial person with a fictitious name; it is a document of title to a straw man; it is a warehouse receipt for your body; delivery receipt; industrial bond between you (flesh-and-blood man or woman) and the industrial society and corporate US Government (artificial person).

In Canada, the original birth certificate is generally created at the PROVINCIAL level (in some rare instances municipal level) via birth documents from the hospital (for which the hospital receives $x# from the PROVINCE for causing the registration of the birth) and passed to the Provincial and Federal levels, and likely elsewhere. Per the definition of “birth” below, the document references both the newborn and the straw man. Certified copies of the birth certificate may be obtained at the Vital Statistics Office. Your birth certificate is one of the kinds of security instrument used by the Government to obtain loans from its creditor, under which it is bankrupt.

BIRTH. The act of being born or wholly brought into separate existence.

A man or a woman is “born”, straw men are “wholly brought into separate existence.” Each event qualifies as a “birth”. The birth certificate documents a muddied mixture of the two events that allows the system to both claim that it is “your” birth certificate yet also claim to hold title to (not ownership of) the corporately coloured straw man.

From Mary Elizabeth: Croft in her book, HOW I CLOBBERED EVERY BUREAUCRATIC CASH-CONFISCATORY AGENCY KNOWN TO MAN, we get the following:

Registration vs. Recording

“Registration” comes from Latin “Rex, Regis” etc. meaning regal. So think about what occurs to whatever you ‘register’ – you hand legal title over to the Crown. When you register anything with the public, it releases legal title to the government corporation and leaves you with only equitable title – the right to use, not own, and for that use you will pay a ‘use’ tax, be it income, sin, sales, property, etc. as opposed to lawful taxes, excise and impost. So that it doesn’t appear that the government now owns the property which you have registered they put it in a name which so much resembles your own that you won’t suspect it, however, the NAME (capitalized name) is owned by the government. If you choose rather torecord your legal title to your property with the public, you maintain your status as Title Owner. This is one of the most important things you can ever learn for the sake of your commercial affairs.

The best example of the effects of registration is the birth certificate. A bankrupt entity – city, state/province, and country – cannot operate in commerce. So how do they manage? Since USA and Canada have been bankrupt for decades, having no substance such as gold and silver to back it, the only asset it has is men and woman and our labour. We are the collateral for the interest on the loan of the World Bank. Each of us is registered, via the application for a birth certificate.

The treasury issues a bond on the birth certificate and the bond is sold at a securities exchange and bought by the Federal Reserve Bank or Bank of Canada, which then uses it as collateral to issue bank notes. The bond is held in trust for the Feds at the Depository Trust Corporation. We are the sureties on said bonds. Our labour/energy is then payable at some future date. Hence we become the ‘transmitting utility’ for the transmission of energy.

The birth certificate created a FICTION (the name of the baby in upper case letters). The state/province sells the birth certificate to the Commerce Department of the corporations of USA/CA, which in turn places a bond on the birth certificate thereby making it a negotiable instrument, and placing the fiction, called a STRAWMAN, into the warehouse of the corporation of USA/CA. Representation for the created fiction was given to the BAR (British Accredited Registry/Regency), owned and operated by the Crown, for the purpose of contracting the fiction (which most of us think is ourselves) into a third party action.

Do not underestimate the power behind this trick. It is to con (defraud) us into contracting with the Feds so that they can ‘legally’ confiscate our property. All these contracts have only our signature on them because corporate fictions cannot contract (only natural beings have the right to contract – and the right not to contract). Because there is no full disclosure – we are never told that we have just signed away what we believe to be our property – these contracts are fraudulent, and hence, we are still the lawful owner and the profit earned by the Feds from stealing securities (our property) belongs to us and must go into a fund for our benefit, otherwise it would be fraud. Not wanting to be charged with fraud, the Feds had to create a remedy for us…and hope we wouldn’t discover it.

If you examine your birth certificate you will find a number in red ink that begins with a letter. On the small plastic card the number will appear on the back of the card. On the larger Birth Certificate printed on bank note paper the red number may be on the front. In the USA this bank note paper comes from the American Bank Note Company, in Canada it comes from the CANADIAN BANK NOTE COMPANY LIMITED. This information can be found along the lower left-hand edge of the note. If you are holding one of these you are holding a certified copy of a bank note in your name that has an alleged value of well over $1,000,000 (one million dollars). The number in red ink is a bond number or a bond tracking number. This bond is legally and lawfully yours. This is the most important fact the World Bank does not want you to know.

Even though the country was bankrupt the banks could not take away your rightsand freedoms, so they forced the government to create an artificial CORPORATION (STRAWMAN) in your name. Then they had you sign fraudulent contracts to accept the privileges and benefits attached to this artificial CORPORATION. You only signed these contracts for SSN/SIN numbers, registrations and other licenses because you were led to believe this artificial CORPORATION was you and that you were obliged to sign. They did not tell you that by signing these contracts you were signing away your lawful rights andfreedoms and giving the government total control of your life, property and labour.

Today, the one simple fact that the World Bank does not want you to find out is that all these contracts are fraudulent and that because of that fact you have always had and still, to this very moment, retain all your lawful rights andfreedoms. We have been deceived into being bound by rules, statutes and “laws” that simply do not apply to human beings.

Apparently you can not cash this birth certificate bond in… but you can use it to pay off any dept you have against you.  It’s called “defusing”.   If you have a student loan get them to send you a bill for all that you owe, then you go to the treasury and tell them to defuse the loan with your bond certificate.   You can do this with car payments, home payments,… etc.. etc.  If someone you know dies penniless you can use his or her birth certificate bond tracking number to pay for a proper burial and to clear all outstanding debt he or she may have.  But you can not use it to go out and buy a home, land, car, or toys, only to pay off what you owe.

What does the FBI (an agency originally created with agents of  the Secret Service of the Department of the Treasury with the mission of suppressing counterfeiting – failed miserably as the Federal Reserve Note is an illegal counterfeit of the United States Note – and derived from the Interstate Commerce Act of 1887 which became the United States’ (U.S.) first regulatory agency.) have to say about this?  The U.S. Federal Bureau of Investigation (FBI) regards the instructors and promoters of what they call “Redemption schemes” as fraudsters.  The IRS- Internal Revenue Service has included the “straw man” claim in its list of frivolous positions that may result in the imposition of a $5,000 penalty when used as the basis for an inaccurate tax return.

Who is really defrauding who?  A fraud is an intentional deception made for personal gain or to damage another individual.  It isn’t the individual person who is “creating” birth certificates, bonds, marriage certificates, vehicle registrations, drivers licenses, property tax and personal income tax using forged legal names – name which are intentionally created to resemble your own and impersonate you – for financial gain.

The sole purpose behind the creation and use of all capital letters names is done to create fabricated legal names such as “CONSTITUTION OF THE UNITED STATES”, “GEORGE W BUSH” or “NEW YORK CITY”.  Fabricated legal names can then be used to fabricate additional legal names such as “THE PATRIOT ACT”, “NATIONAL DEFENSE AUTHORIZATION ACT”, or “THE FEDERAL RESERVE ACT”.

“Fictions” arise from the law, not the law from fictions. Bastard legal names originate from any judicial/governmental actor that wishes to create them, regardless of whether he/she/it is empowered by law to do so. However, a law can never originate from a fictional foundation that doesn’t exist.

A warrant issued by a judge is invalid if the name of the person described in the warrant is spelled out in all capital letters. As stated before all capital lettering is – “done to create fabricated legal names”. If the warrant describes you using all capital letters it is describing a fabricated (fictional, fake, non-existent) name. You can legally reject any warrant if your name is spelled out in all capital letters. Fabricated legal names are invalid – fictional law without validity. A warrant issued using all capital letters is invalid –  a fraud – an intentional deception made to damage another individual. No judge, no court, no lawmakers can issue a warrant against a fabricated (fictional, fake, non-existent) person. A law can never originate from a fictional foundation that doesn’t exist.

Source:  http://presscore.ca/when-you-were-born-your-government-forged-your-...

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This is an excellent starting place for those new to the subject. I would however like to learn what our remedies might be. You guys know me, I always have questions! Let's see if we can figure out together how to tackle this obstacle. How do we regain control of the things we thought we owned? Things like automobiles, homes, bank accounts, and other valuables.

In addition to taking back things we already paid for and own, how should we purchase NEW valuables? One suggestion was to "record" rather than "register". My question is where to record? The first recording entity that comes to mind is our local courthouses. But wait, aren't they a government created corporate fiction also. What authority do they have over real things?

How might one purchase a new or used automobile, home, or land? In the example of an automobile, if used, the seller gives us a worthless piece of paper, a certificate of title, that HE previously "registered" with the fictional state. How do we transfer that registration into a lawful recording of OUR ownership? If new, the dealer, I think, has a certificate of origin from the manufacturer. How do we go from the manufacturer, then dealer, to recording in somewhere lawful to prove our ownership and be able to resell it later? Then we need to deal with the "registration plate". Hmmm, we already registered the car! If we check, WE don't own the actual plate either. Should we also "record" a number of our own to display in place of a state plate? Then again, only the fictional corporate police are concerned with that concept anyway. Geeze, this is getting complicated!

Finally, should we dissolve our own strawman, just like we would dissolve our own corporations when they no longer suit us? It does belong to us, doesn't it? I believe we are the "legal administrators" of the fiction. If we all did that, the banker's inventory would be reduced to zero. A positive side effect of dissolving our strawman is that the corporate courts cannot have legal contact with us. Only like can deal with like. We are flesh and blood humans while courts and government are fictions. Same goes for all the fictions created by the bankers ....police, counties, IRS, and pretty much everything that causes us hassles, distress, theft, and high blood pressure.

What do we do about banks and fictionally created paper money? Bartering only goes so far. I like the community created and printed coupons or credit for services or purchases. There's plenty more, what do you think?

Ok Mike, you want remedies not words, I get that but perhaps you are the one behind on taking notes at least

  1. Record if you wish, it is still recorded in a REGISTER
  2. The Courthouse is not the court of record, you are not, the judge is not, the recorded record is. We must replace those fictions with "real men with arms and feet", who will honor their Oaths. Remember, the paperwork is the court. Don't confuse the building with the fictions working in it. So if we the people want to use it for public recordings, that is our right. It shall be returned to lawful operation soon.
  3. Bartering is now and always has been the most effective means of trade between new acquaintances. Yankee Tradin', Indian Swap for wampum, call it what you want you can do it now and I already do at every chance. There are many other ways to "account" for trades.
  4. You must acquire allodial title to all that you see as yours. Put a Common Law/commercial lien on your house, car, etc. Secure affidavits with the County Recorder that aver the Truth, not fiction.
  5. IT'S Not complicated. A process that is tried and true, "In Law". I can tell you this; There will be no plate on the MortoVan, but there will be a For Sale sign that reads $80,000 AS IS! Then the fine print that makes anyone wishing to try and take possession of my car, held liable for the $80,000 lien on it. Remember it's for sale, AS IS! You take it, you bought it. It is private property and will stay that way. There will be other Notices and Warnings pasted to the inside of the many windows in the MortoVan to warn these Pirates, (operating under the Doctrine of War), that they will find interesting at the very least and pertaining to them if they look close enough. No plates, no license, no stickers that do not belong to me.
  6. Once again, Affidavits of the Truth filed with the County Recorder will do the trick. I have already done it. The HAVE TO accept them as recorded instruments. Period!
  7. If you want the banker's "holdings" to disappear, do what I said, take your money out of the bank. Filing ownership of your arms and feet won't do that for you.
  8. If you want the whole truth about money, check out the writings of Byron Dale, our very own guru.

Hope that helps Mike.

By the way,

Might I also add to answer more of your questions Mike, You should go see the video presentations of Rich Iverson on the Right to Travel.

How to change this from a Corporate entity back to the Constitutional Republic that our forefathers envisioned?...

Some people are as bad as Fictions !!!!

Show me where the words "Constitutional Republic " appears in the Constitution?

IT DOESN'T !!!

WHY DO PEOPLE MAKE WORDS UP ???

We the People have been handed down Our language that frees us. Use those words from A DECLARATION and the Year of our Lord seventeen eightynine Constitution for the United States of America.

I DON'T CONSENT TO ANYTHING ELSE.

The Constitution itself does not have to mention that the words in it are "Constitutional" Eric,

The Constitution "for" or "of", does however guarantee us a "Republican form of government" and that is where the term "Constitutional Republic" comes from. Those words are not "specifically" written in the document itself and don't have to be for that concept to exist. By definition it is a government "Of the People. by the People and for the People." So by inference, so too is the Constitution itself "of", "by" and "for", the people, whether it says so or not. It's still better than any other form of government ever tried.

Use the Year of our Lord seventeen eightynine Constitution for the United States of America, to get it back. Use it or loose it.

BAN the Tax, IRS, Federel Reserve Banks;

The Sanders Report on the GAO Audit on Major Conflicts of Interest ...” Dated October 19, 2011

The opening statement for the report states:

“As a result of an amendment by Sen. Bernie Sanders to the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Government Accountability Office completed its second audit of the Federal Reserve. This report focuses on the enormous conflicts of interest that existed at the Federal Reserve during the financial crisis.”

18 USC Chapter 11 – BRIBERY, GRAFT, AND CONFLICTS OF INTEREST
18 USC § 225 – Continuing financial crimes enterprise

(a) Whoever—
(1) organizes, manages, or supervises a continuing financial crimes enterprise; and
(2) receives $5,000,000 or more in gross receipts from such enterprise during any 24-month period,
shall be fined not more than $10,000,000 if an individual, or $20,000,000 if an organization, and imprisoned for a term of not less than 10 years and which may be life.
(b) For purposes of subsection (a), the term “continuing financial crimes enterprise” means a series of violations under section 215, 656, 657, 1005, 1006, 1007, 1014, 1032, or 1344 of this title, or section 1341 or 1343 affecting a financial institution, committed by at least 4 persons acting in concert.

An audit of the Federal Reserve has revealed in the Sanders Report that the privately owned Federal Reserve secretly and unlawfully doled out more than $16 trillion in zero interest loans and concealed electronic funds transfers to some of the largest financial institutions and corporations in the United States and throughout the world.

The non-partisan, investigative arm of Congress determined that the Federal Reserve acted illegally. In fact, according to the report, the Federal Reserve knew their financial transactions were illegal and provided conflict of interest waivers to its employees and private contractors so they could keep investments in the same financial institutions and corporations that were given emergency loans.

The report is evidence that reveals major securities fraud in the embezzlement of $16 trillion by the Federal Reserve. Securities fraud and embezzlement are both felony criminal offenses. Any criminal offense committed by the Federal Reserve forfeits the Federal Reserve franchise.

A more detailed Government Accountability Office investigation into corruption charges, securities fraud, embezzlement, money-laundering and conflicts of interest at the Fed has been made public. The Sanders Report on the GAO Audit on Major Conflicts of Interest ...

$16 trillion is 10 times more than what the U.S. Congress authorized and Bush ($700 billion) and Obama ( $787 billion) signed off on. The Federal Reserve was only authorized by Congress to disburse $1.487 trillion in federal tax dollars in bailouts. The Federal Reserve willfully and knowingly embezzled another $14.5 trillion.

Did you know that the $trillions the Federal Reserve embezzled could pay the entire U.S. national debt. To end the national economic emergency the U.S. government need only to seize the assets of the Federal Reserve banks (the big six U.S. banks collectively hold about $9.399 trillion in assets) and get back the $trillions that the Federal Reserve illegally embezzled and money laundered to their foreign banks and corporations.

The U.S. government can recover $trillions from the Federal Reserve and their banks through asset forfeiture. Asset forfeiture is confiscation, by the State, of assets which are either (a) the alleged proceeds of crime or (b) the alleged instrumentalities of crime, and more recently, alleged terrorism. Proceeds of crime means any economic advantage derived from or obtained directly or indirectly from a criminal offense or criminal offenses. Crimes committed by the Federal Reserve banks against the United States and its people include; conflict of interest, securities fraud, embezzlement, fraud, money laundering, hoarding, profiteering, larceny, racketeering . . .

In 1982, a criminal forfeiture provision was enacted as part of the Racketeering Influenced and Corrupt Organizations Act (“RICO”), 18 U.S.C. § 1961, which provided for the forfeiture of all property over which the RICO organization exercised an influence.

The Money Laundering Control Act of 1986 added new felony provisions at 18 U.S.C. § 1956 for the laundering of the proceeds of certain defined “specified unlawful activity,” as well as prohibiting structuring transactions under 31 U.S.C. § 5324 (with the intent to evade certain reporting requirements). The law also added civil and criminal forfeiture provisions at 18 U.S.C. §§ 981 and 982 for confiscating the property involved in money laundering.

On March 9,1933 the American people in all their domestic, daily, and commercial transactions became the same as the enemy.

The President of the united States, through licenses or any other form, was given the power to regulate and control the actions of enemies. He made We, the People, chattel property; he seized our gold, our property and our rights; and he suspended the Constitution.

And we know that current law, to this day, says that all proclamations issued heretofore or hereafter by the President or the Secretary of the Treasury are approved and confirmed by Congress. Automatically – without Congressional debate or passing.

On March 11, 1933, President Roosevelt, in his first radio “Fireside Chat” made the following statement:

“The Secretary of the Treasury will issue licenses to banks which are members of the Federal Reserve system, whether national bank or state, located in each of the 12 Federal Reserve bank cities, to open Monday morning.”

It was by this action that the Federal Reserve took over the Treasury and the entire banking system.

Black’s Law Dictionary defines the Bank Holiday of 1933 in the following words:

“Presidential Proclamations No. 2039, issued March 6, 1933, and No. 2040, issued March 9, 1933, temporarily suspended banking transactions by member banks of the Federal Reserve System. Normal banking functions were resumed on March 13, subject to certain restrictions. The first proclamation, it was held, had no authority in law until the passage on March 9, 1933, of a ratifying act (12 U. S. C. A. Sect. 95b). Anthony v. Bank of Wiggins, 183 Miss. 883, 184 So. 626. The present law forbids member banks of the Federal Reserve System to transact banking business, except under regulations of the Secretary of the Treasury, during an emergency proclaimed by the President. 12 U.S.C.A. Sect. 95″

The fact that banks are under regulation of the Treasury today, is evidence that the state of emergency still exists, by virtue of the definition.

So how do we terminate these extraordinary powers granted under a declaration of national emergency. In order for the extraordinary powers to be terminated, the national emergency itself must be cancelled. Reading from the Agricultural Act, Section 13 (Exhibit 54):

“This title shall cease to be in effect whenever the President finds and proclaims that the national economic emergency in relation to agriculture has been ended.”

However, no President has been willing to give up this extraordinary power, and, if they will not sign the termination proclamation, the access to and usage of, extraordinary powers does not terminate.

In Senate Report 93-549 Senator Church stated:

“These powers, if exercised, would confer upon the President total authority to do anything he pleased.”

But there is a way to end the national economic emergency without the President. By getting of the Federal Reserve. Each of the U.S. Federal Reserve Banks can be dissolved today by “forfeiture of franchise for violation of law.” How the American people can end the unconstitutional national economic emergency is codified in the United States Code, TITLE 12 CHAPTER 3 SUBCHAPTER IX § 341. General enumeration of powers.

Also found on the Federal Reserve Bank’s official website – http://www.federalreserve.gov/aboutthefed/section4.htm

4. General Corporate Powers

Upon the filing of the organization certificate with the Comptroller of the Currency a Federal reserve bank shall become a body corporate and as such, and in the name designated in such organization certificate, shall have power

First. To adopt and use a corporate seal.

Second. To have succession after February 25, 1927, until dissolved by Act of Congress or “until forfeiture of franchise for violation of law.”

What laws have the Federal Reserve violated that would warrant their forfeiture of franchise? Counterfeiting, money laundering, trafficking of counterfeit Federal Reserve Notes, securities fraud, fraud, insider trading, extortion, and embezzlement.

No offense Peter,

But when you said,

"Did you know that the $trillions the Federal Reserve embezzled could pay the entire U.S. national debt?" 

You were almost right. The Trillions the Federal Reserve has embezzled IS the National Debt. Fiat Currency created the National debt. Others have been allowed to absorb some of that cebt, but it wouldn't even exist if not for the Fed.

No offense taken. You have a right to comment, why we are here. But I want to know how much of these fiats are moved around w/o any trace as there is too much money missing

Morton,

The debt would exist just the same only bigger as the Fed makes a profit each year. Without them the Congress and the Executive would order the Treasury to sell T-Bills and print money without professional manager of currency they would flood the world with even more fiat currency.

It is not the Feds fault - the fault lies with the people - we want more government services and more free stuff so the political class delivers the goods paying with debt.

No sir, it is not the Fed it is Congress and the Executive.

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