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by LSE Library Question by Silver’s better than Green: Most of the national debt is owed to Federal Reserve crooks, so why pay it? The federal reserve act itself is unconstitutional and the gold they put away for safe keeping is apparently gone. So, why does government honor the debt? Best answer: Answer by steeleI [...]
Question by rajeshmarajh: What role did the federal reserve play in the current foreclosure crisis? please answer Best answer: Answer by crunchLike liberals, it assumed the answer to affordable housing was cheap money, not cheap houses. It printed barrels full of new “cheap” money for banks to lend to people to buy $ 200,000 houses [...]
by NASA on The Commons Question by Anthony: What percentage of our debt is owned by the Federal Reserve? Imagine if we abolished the Fed and gave its powers to the Treasury; we wouldn’t have to be charged interest on printed money, we wouldn’t have to be concerned about no audits, we could take our [...]
Question by JUJU: What will Happen when the USA declares Bankruptcy and defaults on all Central Bank/Federal Reserve Loans? When a person defaults on a Mortgage the Bank keeps the house and evicts the tenants. Will that happen to the USA when it officially declares Bankruptcy. Will the Banks evict USA Citizens and take over [...]