How can President Obama even suggest that anything has changed when he has appointed a Republican Treasurer and nominated a Republican Federal Reserve Chairman who were both in the former administration and were both integral in the collapse of our economy?
Mr President the Federal Reserve is at the root of most of our nations ills. Please address the policy of our money supply. You should support "The Greenback Act" modeled after President Lincoln's Greenbacks. Lincoln mandated that our Treasury print our currency and then the Government would spend it into circulation which meant that not only did Americans not have to pay interest on their currency but also did not have to repay the principle. Interest-free and debt-free currency. Don't our children and grand-children deserve the implementation of such a policy? Currently the Treasury prints money, hands it to banks at zero percent interest, they lend back to us it into circulation as loans, and we have to pay the banks interest and pay the Federal Reserve the principle. Mr. Grayson please protect our children and defend America by introducing The Greenback Act immediately. It may not pass but it would start the conversation that needs to be started.