By Gregory K. Soderberg
Taxes do not solve a constant and growing shortage of money caused by the creation of all money as interest-bearing loans. Government, business or individuals must go into debt and borrow the money the banking industry creates or there is no money; debt slaves in the ‘Land of the Free.’
Since 1933, unless borrowing happens, there is no money to tax. If there is no debt, there is no money. Look at the paper currency. It says ‘note’ right on its face. A bank note is always an evidence of debt. Now, money only exists while its owed. While it’s owed, the non-money interest debt grows. Yet, the money supply of principal only grows with more borrowing; more debt. Where does the money come from to pay interest on the borrowed loan principal? The U.S. Treasury says the interest is borrowed too.
Adding the non-money interest cost to the costs of living, at the least, creates a constant and growing spread between the money supply and prices, loss of purchasing power, growing difficulty making ends meet for all sectors of society, dependency and need. This is where our government ‘representatives’, who, in the ‘Home of the Brave’ are too cowardly or ignorant to address our debt bondage, step in with taxing to create ‘social help’ programs that are only band-aid fixes while the economic tyranny and hemorrhaging only worsens.
Help restore the principle of a debt free medium of exchange that America once used before special interests lobbied Congress to pass bad laws that gave the power of Congress to create money as a wealth to citizens to the private banking industry which now creates money as unpayable interest-bearing debt to government, business and individuals.
The Original American Transportation Act, now in the Washington DC office of Minnesota Congressman Finstad, will restore the principle of a debt free medium of exchange. Call and tell him to introduce the bill to Congress. 202-225-2472.
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