Replies to post #12805 on Sunergy, Inc. (fka SNEY)

[mylife4america]

Federal Reserve answer bag8ger


...we can...the better question is why aren't we...it's because we have become weak and forgetful as a nation...all we have to do is ultimately abolish the central bank (if we abolish the Federal Reserve...our 3rd central bank...it will be the 3rd time in American history that we would have done that)...the last president to do that was Andrew Jackson back in 1832-33...the central bank concept and fractional banking were both argued to be unconstitutional by our forefathers...because of this...the first 2 only lasted 20 years each...our current one has lasted 100 years almost (since 1913)...this is why it seems the Bankers are in charge of this country not the politicians...because that is in fact what has happened...that has always been the concern...there has always been 3 major concerns when utilizing a central bank...1st is power transferring from elected political leaders to the banking cartel over time...2nd is an ever-growing gap in disparity of wealth among the people of a nation...3rd is the endless dilution of value in the chosen paper currency as you get further and further away from the only "constitutional currency" of coinage of gold and silver...just another reason why SNEY is a good choice

...mylife

[XenaLives]

Generally I agree with your post, but consider this one statement:

Slowly contract the present money supply, then issue new money.

Contraction of the money supply would hurt the little guys more than the bit guys.

It would be better if we repudiated illegally contacted debt (as opposed to bailing out the debt holders with TARP funds) and then issued new currency.

I think it was $200 billion that just floated out of the first TARP into thin air. In a congressional hearing Rep. Kucinich asked Bernake where it went to and he wouldn't give a straight answer.

http://wn.com/Rep_Kucinich_on_TARP_Oversight