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Forum Post: Help each other and skip the banks!

Posted 13 years ago on Oct. 15, 2011, 3:06 p.m. EST by educ8or (1)
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https://www.wepay.com/donate/84579

4 Comments

4 Comments


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[-] 1 points by Greenbacks (21) 13 years ago

How can we stop this?

This will continue until the American people understand just how they are being robbed and what they can do about it. A new monetary system has to be established to protect the freedom our Founding Fathers meant us to have---and keep.

I would say this to you, ladies and gentlemen. We must re-establish the kind of constitutional money system in this country that Jefferson wanted. He said that only the Treasury of the United States should create and issue legal tender money. He said that all money should be redeemable either in gold or in silver. That's the reason our Founding Fathers put into the Constitution a provision that no state shall make anything but gold and silver tender in the payment of debts. (In other words, the states may not issue legal tender money, and no private bank should either!)

If we go back to that kind of system and do away with fractional reserve banking, we may be able to re-establish a constitutional government in the United States. Wake up America!

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[-] 1 points by Markmad (323) 13 years ago

If that’s the case, you do not need to go back to the gold standard, simple prohibit the fed to set the value of the currency and do adapt the value of gold. The value of the currency will be defined by the current price of gold. It’s simply a matter of standard benchmark.

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[-] 1 points by FuManchu (619) 13 years ago

Credit unions

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