Ellen Girly Brown knows from whence she speaks
Ellen Brown a lawyer and author of "Web of Debt" tells the truth of the economic system we live under who writes about the web of debt not only in the united states but in the world as a whole all living under for at least a few centuries and in all likelyhood many centuries.She reveals that the money we use is in fact the same as the debt we owe.In other words the debt is equal to the money supply.So,in order for the money supply to grow our debt must grow by the same amount by necessity.Interest payment on the debt is paid by the government selling bonds or I.O.U's to anyone willing to buy those debts.The problem is the money needed to pay the interest on those bonds without even paying the principal means more debt must be created,or borrowed.Can you spell "Catch 22"
This woman has a great head on her shoulders especially for a lawyer.The reason I say this is because all lawyers are sworn to uphold the bankruptcy laws in order to administer the bankruptcy of the Federal Government according to the balance of trade laws.The U.C.C universal commercial code.
The general population hasn't been told about the bankruptcy and don't know about the bankruptcy.That in and of itself is fraud since they are the ones who have to pay off the debt.
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