"Tell me, would ye, this "coin" they's calls it, if ye had it in your pocket, where would ye change it? Now, ye couldn't buy beer nor tobachee."

The Constitution states it is one of the powers of Congress to "coin the money of the land, regulate the value thereof, and of foreign coin," the definition of sovereign currency, which the writers of the Constitution obviously intended. But this power was given to the Federal Reserve, a cartel of private banks with a thin veneer of Federal regulation. Because the language of the Constitution uses the term coin, the coins, pennies, nickels, dimes, and quarters, are to this day actually sovereign money, unlike the money supply itself which is bank issued debt. The trillion dollar platinum coin will be sovereign money. So that's a good thing. They ought to make a whole lot of 'em, give a few to China, pay off that debt, find a way to change 'em, and pay every government contract, and every government salary, like Lincoln did with the green back, the sovereign money he issued because he didn't want to pay the bankers' interest to finance the Civil War.

Comments

Add comment

Login or register to post comments

Come Cruise with Thom Hartmann in July 2020

Join me for an exciting Bermuda getaway aboard Oceania Cruises, the world’s leading culinary and destination-focused cruise line. Set sail on the reimagined Insignia for 7 nights beginning July 25th 2020. Take advantage of Oceania Cruises’ OLife Choice promotion, where you can choose shore excursions, a beverage package, or onboard credit – Oceania Cruises also includes Wifi! You'll also receive complimentary gratuities, a $50 onboard credit and two exclusive cocktail parties. Did I mention we are planning special onboard events with yours truly? Prices start at $1199.

Reserve your stateroom today by contacting Keene Luxury Travel, and mention the Thom Hartmann Group 800.856.1155

or go to https://www.keeneluxurytravel.com/th-bermuda/default.asp

The Supreme Court Broke Politics - How Do We Now Reform the Supreme Court?

Thom plus logo We complain about the state of American politics; about a mentally ill billionaire in the White House and a Republican Party crawling with hustlers and conmen, and a few in the Democratic Party as well. The complaints are legitimate, but most people don't realize why the situation is as bad as it is.