Thomas274 Wrote:
Jan 21, 2013 2:42 PM
We have no moral or legal obligation to repay that part of the debt that corresponds to the principal and interest due money center banks who received bonds that they didn't pay a dime to procure. They got those bonds for free to circulate currency, and as such, should themselves pay for the privilege. See the report of Chairman of the House Committee on Banking and Currency put out by Wright Patman in August 1964, A Primer on Money.