Quote:
Originally Posted by Kazeko
And the Value of the Dollar has ZERO to do with the FRB. - The Mint Still Prints the dollars, and the Mint is still part of the U.S. Treasury.
|
Quote:
|
Originally Posted by Ben Bernanke
The federal reserve was created by Congress in 1913 and it was intrusted with the power, granted origianlly to the congress by the U.S. Constitution to coin money and regulate the value thereof.
|
Check the 4:12 timestamp
here here for the facts straight from the horses mouth.
Quote:
Originally Posted by Kazeko
In 2007, $548.8 billion was allocated to Defense Spending.
$586.1 billion was spent on Social Security.
$1.163 Trillion ($1,163 Billion) was collected in income tax.
|
So what you're saying is along with paying social security out on every dollar EARNED, half of the federal income tax we pay also goes to social security? Something current generations will never see.?