Poem on Money and Banking:~John king of the paupers Turmel
Two notes used in America can clearly show the way,
Both legal tender now down south. They can be spent today:
"United States Note" issued by the nation's Treasury,
And "Federal Reserve Note" which is banker's currency.
Their fronts are very similar except the name they state,
Their backs are very different, it means another plate.
The Treasury provided notes for federal expense,
And taxed them back to balance books with numbers that made sense.
The money from the Treasury was used down south before.
The "Greenbacks" used by Lincoln paid to win the Civil War.
The "Continentals" did their job until King George did state:
"There'll be no use of your own plates, for gold you'll have to wait."
Though we've been told that their revolt was over tax for tea,
Ben Franklin said "The war's because they took our currency."
http://www.youtube.com/user/kingofthepaupers
TURMEL: An engineering analysis by John Turmel using simple plumbing to show the financial flows in the creation of money by banks. http://www.youtube.com/watch?v=WefdeNLup3M
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