Comment: Answers to your questions off the top of my head...

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Answers to your questions off the top of my head...

1. Private bankers
2. Fiat currency is that which is proclaimed by government decree (or fiat)
3. It sells treasury bonds
4. Only having a "fraction" of the money you lend out backed by anything tangible like precious metals.

Don't know if I nailed all of them, but think I'm closer than most Americans would be.

Did you READ all of my reply? Notice I said I had no trouble believing there were that many dumb-asses around...just that I didn't think he would take that chance with $1500.00.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul