"The ability for America and the 50 states to create its own credit has largely been lost to private bankers. The lion’s share of new credit creation is done by private banks, so – instead of being able to itself create money without owing interest – the government owes unfathomable trillions in interest to private banks."
"America may have won the Revolutionary War, but it has since lost one of the main things it fought for: the freedom to create its own credit instead of having to beg for credit from private banks at a usurious cost."
And, yet the answer to some is further privatization. In fact, they want to get as close to absolute privatization as possible. Just turn over total control of the nation to unelected oligarchs and don't worry about a thing....We'll be just fine.
Hoo, BOY.
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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