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 "Facts do not cease to exist because they are ignored". Aldous Huxley
February 25, 2008 Today in History... "... (we) gave the people of this Republic the greatest blessing they have ever had - their own paper money to pay their own debts..." The Treasury notes were printed with green ink on the back, so the people called them "Greenbacks".
Laptop FREEMail... Paper money hits American's wallets
Congress ignores Constitution on Money!
"The Bank is trying to kill me - but I will kill it!" and later "If the American people only understood the rank injustice of our money and banking system - there would be a revolution before morning..." Andrew Jackson When asked what he felt was the greatest achievement of his career Andrew Jackson replied without hesitation "I killed the bank!" In 1832 Jackson ordered the withdrawal of government deposits from the Second bank and instead had them put into safe banks! Thomas Dilorenzo writes: As soon as Lincoln took office the old Whig coalition finally controlled the entire government. It immediately tripled the average tariff rate, began subsidizing the building of a transcontinental 
railroad in California even though a desperate war was being waged, and on February 25, 1862, the Legal Tender Act empowered the Secretary of the Treasury to issue paper money ("greenbacks") that were not immediately redeemable in gold or silver. The National Currency Acts of 1863 and 1864 created a system of nationally chartered banks that could issue bank notes supplied to them by the new Comptroller of the Currency, and a 10 percent tax was placed on state bank notes to drive them out of business and establish a federal monetary monopoly. The government’s paper money flooded the banks so that by July 1864 greenback dollars were worth a mere 35 cents in gold.
Money. Cotton paper with pictures of dead presidents. Again DiLorenzo writes: The sponsor of the banking legislation in the House of Representatives was Congressman Elbridge G. Spaulding, a New York banker. Spaulding clearly argued that the new fiat money system would finally clear the way for the mercantilist system of massive "internal improvement" subsidies. The New York Times published a celebratory editorial on March 9, 1863, in which it said, "The legal tender act and the national currency bill crystallized . . . . a centralization of power, such as Hamilton might have eulogized as magnificent." 
Paper money! It ain't worth a continental was the charge to the Continental Congress' paper money scheme! As a friend says:
Does history ever repeat itself? Naw, probably not. Just a coincidence. Pay it no mind. Sorry I brought it up. Have a nice day. Money! It's one of those love 'em and hate 'em items. Then we have the Federal Reserve. According to Edward Flaherty, Ph.D. Department of Economics College of Charleston, S.C., President Wilson signed the Currency Bill into law in an "enthusiastic" public ceremony on Dec. 23, 1913. From Federal Reserve Notes to the Amero! From The Case for the Amero: Foreword by Gordon Gibson - Unlike some other commentators, Mr. Grubel does not see a common currency as inevitable but, on balance, very desirable. However, the greatest advantage can only be gained by carefully examining and understanding our national interests and working with the United States and Mexico (and perhaps others in the longer run) to establish the institutions that would give Canada a continuing role in the management and profits of a North American currency. 
Roy Culpeper, President, North-South Institute wrote March 15, 2001 published by the Globe and Mail, under the title "Beware of the almighty dollar", March 23rd, 2001: There are several good reasons why a hemispheric common currency – let’s call it, for the sake of argument, the ‘Amero’ – is a bad idea. The disadvantages to Canada, and the countries of Latin America, of giving up their national currencies far outweigh the potential benefits. 
Forget about the Amero! Learn about the Dollar and learn what our United States Constitution says about it. Towards that end, we have a treat for you.... you can listen to our presentation on Money via my radio show.
Take Action Now ... Friday's show was the best ever! 
The money presentation is a bomb for the American public. - Walt Listen to the show here.
Download the accompanying "Dollar" slideshow to follow along with this show here!
Which current Presidential candidate's scandal will derail that candidates campaign? Vote in this weeks online poll here. Prior weeks poll results found here!
Read More... The public, fortunately, doesn't understand how bad the situation is. If it did, we might have a real panic on our hands. Read More... When the American congress voted to renew the charter of The Second Bank of The United States, Jackson responded by using his veto to prevent the renewal bill from passing. Read More... As foreclosures continue to rise, the securities that were fashioned from subprime loans will continue to unwind destroying trillions of dollars of virtual-capital in the secondary market. Read More... The result of this legislation," he said, "is utterly to destroy the rights of the states. It is asserting a power which if carried out to its logical result would enable the national Congress to destroy every institution of the States and cause all power to be consolidated and concentrated here [in Washington, D.C.]." As always, if you enjoy the material you are receiving from Laptop, please forward this to your friends and family. Sincerely, Bryan Malatesta bryanm@laptopamerica.net Executive Director Laptop America
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