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U.S. and Global Economic Outlook

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andrew.raymond Avatar
andrew.raymond
Posts: 1
Posted: 11.16.09, 01:53 PM
This whole discussion is about treating the symptoms of the true problem. In my opinion the base of our economic problems is due to the fact that our money is solely depended on future debtors. If you don't where I'm coming from or don’t have a full understanding of this I suggest you look up the term "fiat currency" and educate you self on the true essence of money in twentieth century. It amazes me that people still believe that the dollar is backed by gold.

Another issue that must be addressed to really get our economy on track is the Federal Reserve. Don't let the name fool you it is by no means part of the U.S. Government but a private corporation who has an uncontrolled monopoly on the American economy. Even our most recent president Barack Obama acknowledged the fed as in "independent body". Also, it is the only organization that U.S. Government is not legal allowed to audit. The only reason why the system has been allowed to continue is because it's much easier to barrow money from the fed then tax the people. And as long as the people are happy /divided then the politicians will continue serve the corporate interest that lines their pockets to favor their agendas. The only way money will create a long and prosperous nation is if its sole purpose is to serve the people; and that’s is not possible under a Fiat currency. I’m a recent veteran of the war in Iraq and I by no means allow this to affect my belief that we are still a strong country. In fact besides all the wrong directions our country has gone I still love the American people. We the people need to take back our government and stop trying to push our beliefs and way of life on other people. This country needs to get away from being an empire and beyond a primitive democracy to its true beings as “Republic for which it stands”.

I hope that you can over look my grammatical and spelling errors and try to understand what I believe is the root of a good majority of our problems in America.

Sincerely,

Andrew S. Raymond
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