- Mar 31, 2012
- 10,742
- 1,664
- Country
- Canada
- Faith
- Messianic
- Marital Status
- Married
- Politics
- CA-Conservatives
These are shocking statistics.
In my opinion.... .this is nothing less than a holocaust and terrible central banking policies are a major background cause for this.
Abraham Lincoln and John F. Kennedy
During the Civil War (1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.
Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote:
“... (we) gave the people of this Republic the greatest blessing they have ever had – their own paper money to pay their own debts...”
The Treasury notes were printed with green ink on the back, so the people called them “Greenbacks”.
Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war.
....
In 1972, the United States Treasury Department was asked to compute the amount of interest that would have been paid if that 400 million dollars would have been borrowed at interest instead of being issued by Abraham Lincoln. They did some computations, and a few weeks later, the United States Treasury Department said the United States Government saved 4 billion dollars in interest because Lincoln had created his own money. So you can about imagine how much the Government has paid and how much we owe solely on the basis of interest" (Melvin Sickler)
Wall Street goes up and down based on Pessimism vs Optimism and our governments have wanted African Americans to be so lacking in hope that they often choose to abort their children.