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IPFS News Link • Federal Reserve

Why Can Foreigners Do What You Can't?

• Downsize DC
 

Send another letter to Congress asking them to repeal the legal tender law that forces you to do business ONLY in Federal Reserve Notes. In your personal comments use the latest news about countries dropping the dollar for oil transactions.

Here's what I wrote in my letter to Congress . . .

Several countries are making plans to stop using Federal Reserve Notes for oil purchases. I want the same freedom for my personal transactions.

The Fed has nearly doubled the money supply since last Fall. This will cut the future value of my savings in half and send my cost of living through the roof. Add to that . . .

* The $100 trillion in unfunded liabilities for Social Security and Medicare
* Your big bailout schemes, 
* Your so-called stimulus package, 
* Your cap and trade boondoggle, 
* Your disastrous healthcare plans, and the result is . . .

I see no hope for the dollar. You guys have ruined our currency, and I WANT OUT.

If foreigners can stop using Federal Reserve Notes, I should have the same freedom. Why 


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