tag:blogger.com,1999:blog-2471513656433144696.post5714409130165861506..comments2023-12-11T06:36:33.525-05:00Comments on NESARA- REPUBLIC NOW - GALACTIC NEWS: Shots Across The Bow of the Federal ReserveUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2471513656433144696.post-52139417141253633722011-04-10T16:34:17.149-04:002011-04-10T16:34:17.149-04:00According to author, Ellen Hogson Brown in her exc...According to author, Ellen Hogson Brown in her excellent book, "The Web of Debt", she states that under the Constitution Congress has the authority to issue its own currency through the US Treasury. It does not necessarily have to be backed by gold or silver. The new Treasury issued currence would be used to pay off the national debt. Also, the Fed needs to be either nationalized or phased out, since they are at the heart of the problem. <br /><br />As to the States facing bankruptcy, the States can create their own banks, like North Dakota did in 1919. North Dakota has a billion dollar surplus. If the other states follow North Dakota's formula they too can be out of debt and in the black in a short period of time. <br /><br />For further information on this contact Ellen Hodgsen Brown through her website www.webofdebt.com.Anonymousnoreply@blogger.com