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No longer sell interest bearing bonds to the Federal Reserve Bank

Created by K.S. on September 22, 2011

This petition would prohibit the U.S. Government from selling interest bearing teasury securities to the Federal Reserve Bank in exchange for federal reserve notes. It would require the U.S. Government to once again issue it's own national currency as was done from the administrations of President Andrew "Stonewall" Jackson up to Wildrow Wilson's signing of the document giving control of the issuing of currency in the U.S. to the Federal Reserve Bank.

It would correct this grievious error which requires the U.S. government to borrow the bank notes of the Federal Reseve Bank at interest instead of issuing it's own currency which it could then lend out either interest free or for a nominal interest rate and use the proceeds to eliminate the national debt.

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