Or not pay on the loans anymore at all?
What do you think will really happen? Would the benefits outweight the down sides?
Who would be there to force them to pay/ Collect?
When a person is so burried in debt, that they can not crawl out, we have the ability to declare bankrupcy…. to start with a clean slate…
As far as trade…. why would that be a negative thing? We would need to become independant again.. and not have to allow foreigners to have control over our economy.
The government could do everything that the central bank of america (fed) does. It can print, loan, control money supply to balance out the economy.
What does the Fed do, that america can not do for itself without initial interst tacked on?
Anyone have a link, showing what law, bill or agreement that shows the fed is to return 90% of the profit?
Who audits their books, to verify the profit they claim?
Who keeps the 10%?
Anyone with exact numbers?