Abraham Lincoln authorized the creation of the Secret Service whose original purpose was to investigate counterfeit money which accounted for almost half of all US currency. He was shot the same day.

submitted by magnora7 from time.com

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[–]Orangutan 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

Wow : )

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Yeah hope you don't mind me crossposting this to saidit, it's just too interesting.

[–]Orangutan 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Fuck no. I was honored. That's how the internet works!!! I was just giving a tip of my hat back to you with that in good jest : )

Peace. Keep rockin'! Thanks for this alternative!

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Thanks man. Cheers!

[–][deleted]  (2 children)

[deleted]

    [–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

    But was not Lincoln a pro-aristocratic Whig who helped pass the National Bank Act and set up the current fractional reserve banking cartel we have today?

    [–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    By 1865, up to one-third or even one-half of American money in circulation was fake. This was partly due to an old system of relying on state banks to produce money using approved designs and paper provided by the Federal Government. But though the country adopted a national currency in 1863, federal dollars were as easy to counterfeit as state-produced ones.

    But honestly, our dollar is sort of counterfeited and backed by debt. Lincoln was merely trying to centralize power as the whigs desired and the Frankfurt bankers wanted.

    If he wanted a real currency, a silver certificate backed by silver in reserves in an indepedent treasury would be a far better option, but did he do that?

    [–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Writer works for CIA comnected Washington Post:

    She wrote:

    Our society's drive to tune out bad news will be our undoing. If we're unable to embrace a collective sense that even one preventable death hurts ALL of us, this is just going to get worse. I'm really despairing.

    I think a society is embracing unconstitutional martial law.

    Hmm.

    Anyway Lincoln was a useful tool who needed not matter anymore. Once the Reconstructionists had their way in "looting" the treasury and creating a credit society based on permanent public debt.

    [–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Hugh McCulloch came up with a solution—a “regular permanent force whose job it [would] be to put these counterfeiters out of business.”

    Should have thrown their own crappy debt based currency in the bin too.