[floadaVonfoli]

I'm not sure if I believe in Lincoln and JFK being assassinated for that reason, but I suppose it's possible. Lincoln did refuse to pay the bank's ridiculous interest rates when he needed funding for the Civil War.

but they still had money which was backed up with gold and silver in those days right?

I have no idea why the government doesn't issue its own money.

i dont know much about fiat currency but i am beginning to think that its because the governments are controlled by or serve the elite bankers and corporations. in other words the governments are just a front for the elite to hide behind and conduct their business of interest.

I doubt the Federal Reserve even has 1% in reserve, which would explain why they so vehemently refuse to allow auditing of their books.

is that even legal seeing as they are a private company and must be accountable to the law of the land?

The banks and government regularly screw around with the reserve rate and other economic tools, and in the process, the wreak havoc on people's lives. People see their assets depreciate, their jobs disappear, etc. But the banks and the government always benefit.

this is clear oppression and tyrany.

So the "money" supply isn't even pieces of paper with some value determined by the government, it's a bunch of 0s and 1s on a computer drive. When the government needs money, they go to the bank and tell them how much is needed. The bank will transfer the "money" (the digits on a computer screen) into the relevant accounts. In exchange, they get some promise of repayment at a given rate of interest (for example, Treasury bills/ government bonds).

why would the elite bank and the fed care about receiving money in the form of interest when they literally have a licence to print money whenever they want? maybe it is not about money at all but about control.

It's all just one big scam. Heard of the revolving door in Washington? It's basically the phenomenon of bankers and heads of corporations going to work for the government for a few years. While working for the government, they enact legislation and policies that benefit their banks or corporations. Then after a few years, they go back to work for those very same institutions, in which they doubtless own shares. So it's like a revolving door between gov't and banks/corporations. It's all the same people getting rich off these scams.

and when a small business owner dodges a little bit of tax or a labourer does a bit of fraud by declaring lower wages the whole strength of the law comes crashing down on him whereas the government/bankers/corporations are getting away with murder!