Debt-Free United States Notes Were Once Issued Under JFK And The U.S. Government Still Has The Power To Issue Debt-Free Money

Debt-Free United States Notes Were Once Issued Under JFK And The U.S. Government Still Has The Power To Issue Debt-Free Money

Americans lost an opportunity to take their country back from banksters back in 2008, when the big banks had apparently blackmailed the US government into bailing them out at the expense of 10 million homeowners and a ruined economy. 

If it was really serving the interests of the 99% of Americans and not the so-called special interests of the 1%, rather than cowardly giving the criminals of the financial oligarchs billions of dollars the government should have called the banksters’ bluff and called in a depression. Then, they should have allowed the run on the banks and the latter’s subsequent collapse, followed by suspension of the entire financial system that is based on Federal Reserve Notes.  

Simultaneously, the US government should have started issuing United States Notes, while taking the Federal Reserve Notes out of circulation. Private banks should have been banned from printing money and Central Bank of the United States of America should have been established with the sole right to issue debt-free Central Bank Notes. Thus the United States would have regained its status as a sovereign nation and it would not need to borrow money from anyone anymore.

Unfortunately, US political and military leaders are only good at issuing orders to kill innocents around the world and in America, but when it comes to stand for what is right and for their own people in their country they are most likely to act like pussies.

Most Americans have no idea that the U.S. government once issued debt-free money directly into circulation.  America once thrived under a debt-free monetary system, and we can do it again.  The truth is that the United States is a sovereign nation and it does not need to borrow money from anyone.  Back in the days of JFK, Federal Reserve Notes were not the only currency in circulation.  

Under JFK (at at various other times), a limited number of debt-free United States Notes were issued by the U.S. Treasury and spent by the U.S. government without any new debt being created.  In fact, each bill said "United States Note" right at the top.  

Unfortunately, United States Notes are not being issued today.  If you stop right now and pull a dollar out of your wallet, what does it say right at the top?  It says "Federal Reserve Note".  Normally, the way our current system works is that whenever more Federal Reserve Notes are created more debt is also created.  

This debt-based monetary system is systematically destroying the wealth of this nation.  But it does not have to be this way.  The truth is that the U.S. government still has the power under the U.S. Constitution to issue debt-free money, and we need to educate the American people about this.