Secretary of Treasury: Our Monetary System Is A Ponzi Scheme

Jack Lew is the Secretary of the Treasury. He took over after the tax cheat Tim Geithner left. Secretary Lew is campaigning for an increased debt ceiling, along with the establishment Republicans, Democrats and pundits in the media. To them, the issue is a no-brainer. They have to frame it as if it’s obvious what we have to do. Of course we have to lift the debt ceiling. Otherwise, how are we going to pay our debts? If the tea partiers got their way, we’d default. “And that’s just what Read more […]