What did Abraham Lincoln say about who should create money? “The Government should create, issue and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest.” – President, Abraham…
The Creation of Money It’s clear, if money exists, it had to be created. It was not in Eden nor is it a product of evolution. It’s man made. Once it’s created, it has to move into our economy. Consider this: There are only 3 ways to get money into the economy. Gift it in…
There are two pathways to debt free money. Either at the State level, or the Federal Level. Minnesota State Constitution Article 1, BILL OF RIGHTS Section 1. OBJECT OF GOVERNMENT. Government is instituted for the security, benefit and protection of the people, in whom all political power is inherent, together with the right to…
The phrase “Government calls for more spending” is misleading at best and at worst an outright lie and coordinated deception. It should be: “Government calls for more BORROWING!” What is the Federal government suggesting – Infrastructure Spending? No. Infrastructure Borrowing. It only puts us deeper into unpayable debt; don’t we have enough of that already?…
What does Debt Free Money legislation look like? We have had this an other variations introduced into the Minnesota State Legislature. A bill for an act relating to transportation; providing for funding of transportation infrastructure projects through the cooperation of state-chartered banks; imposing penalties; proposing coding for new law in Minnesota Statutes, chapter 161. BE…
History Made In March of 2008 there was an historic hearing in the Minnesota House and Senate. The Minnesota Transportation Act (MTA), in the form of HF 619 and SF 500, would fund the rebuilding of bridges and roads in Minnesota using debt free money, in lieu of bonding, or taxation. This is a robust,…