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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST

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To: ForYourEyesOnly who wrote (29528)3/8/1999 7:53:00 PM
From: lorne  Read Replies (3) of 116764
 
Hello THC. This was in one of your posts a few days ago.
>>> "Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest (Reference 4). Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free (Reference 12, P. 265). Forty percent of our personal federal income taxes goes to pay this interest. The FED's books are not open to the public. Congress has yet to audit it.<<<
I think we all know what happened to Presidents Lincoln and Kennedy but I knew nothing of President Jackson so here is a bit of info on President Jackson.
A brief biography of Andrew Jackson 1767 - 1845
Background of the "Bank Wars"
odur.let.rug.nl

The End of the Bank War
odur.let.rug.nl

Henry Clay and the "Bank Wars" 
odur.let.rug.nl
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