| The Story of the Buck Act by Richard McDonald (02/20/2002) When passing new statutes, the Federal government always does everything according to the principles of law. In order for the Federal Government to tax a Citizen of one of the several states, they had to create some sort of contractual nexus. This contractual nexus is the "Social Security Number". | |
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| | Billions for the Bankers - Canadian Version http://www.somagardens.com/billions/index.htm In 1867 the Fathers of Confederation gave the federal government (under Section 91 of the British North America Act) the right to create Canada's money supply. However, our federal government has given this right to the private chartered banks. Instead of getting our money supply for the cost of printing, our federal government now borrows the money from the chartered banks and pays over $40 billion per year interest. Payment of this interest took 33% of all the taxes collected in the last fiscal year. This means all businesses, farmers and individuals also have to borrow our money supply. Because money to pay this interest is never issued, we have to borrow the money to pay the interest. Thus borrowing drives all of us, including our governments, deeper and deeper into debt. | |
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