IMO it is impossible to have an honest, healthy economic system that is based on a dishonest, fraudulent monetary system
Fraudulent and dishnonest describes the US Federal Reserve System and its fiat currency the US Dollar – the Federal Reserve is a private corporation – it is not a part of the US government and it does not have the best interests of Americans at heart
The current credit/real estate bubble is just one more reason to abolish the Federal Reserve and return to a commodity-backed currency
Another aspect of having a fiat currency is that politicians can use this funny money to buy votes – in this particular thread we are talking about politicians buying votes from the several million people who will lose their homes without a bailout
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Read “The Creature from Jekyll Island: A Second Look at the Federal Reserve”, by G Edward Griffin – this book should be required reading for all Americans
