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IPFS News Link • Economy - Economics USA

Petition: Avoid the "Fiscal Cliff" by Forgiving the National Debt!

• Daily Paul
WHEREAS since the default of 1933 the the incorporated United States of America, doing business as the government has been operating on the private credit of the American People; -- NEWLINE -- WHEREAS the national debt is not a debt owed to any corporation, organization or country and is in reality a debt owed to the American People; -- NEWLINE -- WHEREAS we the people can at any time forgive the national debt thereby eliminating the need for taxation to pay it off; -- NEWLINE -- We the American People demand: -- NEWLINE -- 1. Statement of Condition of the incorporated United States; -- NEWLINE -- 2. Congress draft an Article of Discharge and Forgiveness setting forth the balance owed to the American People; -- NEWLINE -- 3. Said Article of Discharge and Forgiveness be sent to the several states for ratification;

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