U.S. banking system controlled by gangsters

How could anyone believe that America is going broke? Being bankrupt is when your assets won't cover your debt. American assets are worth at least 20 times our national debt. Our 8,000 tonnes of gold is twice the size of any other country's stockpile. We can print our own money which is the reserve currency of the world. We can create inflation or deflation but we cannot go broke.

Our problem is not money. Our problem is that we have a bunch of gangsters who are running a scam on the American people that is called banking. The term bankrupt should tell us something. We should stop trying to organize ourselves to a broken bank system and concentrate on creating a new money handling system that benefits all of the people.

The 2008 recession was not an uncommon event but a common one. Every five to seven years the banks to a leaser or greater degree collapse our economy. It's so common we have given it the name business cycle. We were warned that the mark-to-market rule would make recessions worse and it has. The rule was not made for the common good but to give the banks a new toy.

Remember, anytime the corporations want to eliminate, change or make a new regulation it is to put us at a disadvantage.

These gangster financiers don't have the will or intelligence to protect the common good. We must protect the nation ourselves.

Dean E. Owens

Palo