Isn’t it funny how Congress has a whole different concept of our money?
Chet Edwards (D-TX17) even with a Harvard MBA believes a tax cut – which lets the producer keep his own money – must be paid for, but a 1 Billion $$$ Stimulus of government spending is a wiser investment.
The Federal Reserve System is a private banking cartel designed to enslave this country through debt. In fact, our entire monetary system is based, not on actual assets (precious metals, real estate, etc.) which possess value, but on debt. Through the use of fractional reserve lending, the Fed creates money backed by nothing; since it is forced by the government upon the people to be accepted as legal tender, it is therefore a fiat currency.