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We are the 99 percent


Please send this to your Congressman, Treasury agent, Secret Service agent, FBI agents, etc.:

The Federal Reserve has been kiting checks to the US Treasury since at least 1971. Due to lack of consideration, the Treasury owes nothing to the Federal Reserve.

A couple of points to make:
- National debt goes to $0.
- Personal income taxes were originally designed to pay for the T-bonds, so personal income taxes can easily be repealed.
- The Treasury's fiduciary responsibility to savers of T-bonds can be made good through Congress.
- Since consideration was conveyed when the Fed sold the T-bonds to investors and banks, the T-bond market can remain afloat. (It will likely unwind naturally.)

As few really understand the mechanics of the above, if you have concerns or questions, please let me know.

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