As another Lame Cherry exclusive in matter anti matter.......
It has been expressed enough that President Abraham Lincoln saved America in the Civil War not from the South secession alone, but by not allowing America to be in debt due to foreign bankers in Europe, by issuing his Lincoln Bonds or Promissory Notes to fund the war.
The war being of the intrigue of the European powers to break up America and make America a debtor nation to serve the feudal elite, as has been embarked upon by the Obama regime in this 21st century.
As another Lame Cherry exclusive in matter anti matter, the basis of Mr. Lincoln's funding of the war, actually appeared almost 25 years before, when he was a Congressman in the Illinois State House.
The issue in this was the debt which had mounted in the State of Illinois. Mr. Lincoln arose with a brilliant plan, which was not only sound financially, but in interest paid. It involved the State of Illinois issuing bonds which the Citizen or institution could purchase, earn interest, but there was not a safeguarded to protect against debt trading at inflated prices to guard against the derivative scheme which installed Birther Hussein Obama Chin in 2008.
Mr. Lincoln in conclusion welcomed their being cashed in as a fund would be available to pay for these bonds.
The entry into the Illinois Legislative record is telling as it is the first genesis of thought in what Abraham Lincoln would employ to save America from foreign finance intrigue.
December 4, 1840.
In the Illinois House of Representatives, December 4, 1840, House in
Committee of the Whole on the bill providing for payment of interest on
the State debt,--Mr. Lincoln moved to strike out the body and amendments
of the bill, and insert in lieu thereof an amendment which in substance
was that the governor be authorized to issue bonds for the payment of
the interest; that these be called "interest bonds"; that the taxes
accruing on Congress lands as they become taxable be irrevocably set
aside and devoted as a fund to the payment of the interest bonds. Mr.
Lincoln went into the reasons which appeared to him to render this plan
preferable to that of hypothecating the State bonds. By this course we
could get along till the next meeting of the Legislature, which was
of great importance. To the objection which might be urged that these
interest bonds could not be cashed, he replied that if our other bonds
could, much more could these, which offered a perfect security, a fund
being irrevocably set aside to provide for their redemption. To another
objection, that we should be paying compound interest, he would reply
that the rapid growth and increase of our resources was in so great a
ratio as to outstrip the difficulty; that his object was to do the best
that could be done in the present emergency. All agreed that the faith
of the State must be preserved; this plan appeared to him preferable
to a hypothecation of bonds, which would have to be redeemed and the
interest paid. How this was to be done, he could not see; therefore he
had, after turning the matter over in every way, devised this measure,
which would carry us on till the next Legislature.
(Mr. Lincoln spoke at some length, advocating his measure.)
Lincoln advocated his measure, December 11, 1840.
The term "hypothecating" is defined as "Pledge without delivery or title of possession", which is what the Federal Reserve operates now on with phony debt, phony money and phony bonds.
Hypothecating debt with bonds is akin to scientists hypothecating that dinosaurs lived in swamps or Marxist hypothecating that Barack Hussein Obama Chin is a Natural Born Citizen.
Now for your information, you know the source of the Lincoln financial plan to save America. It was birthed in Illinois to manage their debt, and Abraham Lincoln was the Congressional author in 1840, almost a quarter century before it was employed in the 1860's during the Civil War.
agtG
