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Let me preface this post by saying that the historic event of yesterday took my breathe away. I personally had waited eight years for this event - many others waited centuries.

I found it fitting that President Barack Obama used the Lincoln bible to swear himself in. No other president had chosen that one since Abraham Lincoln used it in 1861, although it was available for all of them.

Lincoln, a two-term Republican president, is universally seen as a unifying force in our country when it needed it most. Perhaps President Barack Obama can be the same for our country. We definitely need it.

As I thought about this moment more, one thought specifically kept dancing through my head. President Barack Obama would be wise to take a page another page out of Lincoln’s book when it comes to dealing with this economic crisis.

Debt, credit, and interest. These three words mark an elaborate system that is put in place. All three are connected and designed to create profit for the powers that dole them out. Anyone who didn’t see my recent post on how the Federal Reserve scheme works should take a look here.

This is not a party issue. Political powers on both sides of the aisle are guilty, and a few brave men on both sides of the aisle are fighting the issue to the teeth as well. This is something that you should be angry about. In fact, the more you learn about it, the angrier you will get.

Now this isn’t a new topic on my blog, not by any means, but I realize it can get a little confusing. So I’m gonna try to break it down. Birdie language, alright? Let’s do this.

Regular readers on my blog have probably noticed my national debt widget. We’re closing in on 11 Trillion dollars, with another trillion at least expected in the all too near future. As our nation, and the world, has been rocked by the current recession we’ve turned to the Treasury and the Federal Reserve to guide us through the murky waters ahead.

Do you know what one dollar was worth before we enacted the Federal Reserve? After factoring inflation it equals out to a little under 20 dollars. Think about this for a second. In the 96 years that the Federal Reserve has been in place controlling our monetary system, our dollar has lost 94% of it’s value

I’ll repeat this in bold for emphasis: In the 96 years that the Federal Reserve has been in place controlling our monetary system, our dollar has lost 94% of it’s value.

And these are the guys we turn to in an economic crisis? Alright - So what does this have to do with Lincoln? Here comes another history lesson.

In 1862 Lincoln was facing an economic crisis. He needed funds to finance the war against the South, but he wasn’t really interested in paying international bankers the 24% to 36% interest rates that they were charging on the loans. Lincoln decided to end the current banking system, which gave control international bankers over the U.S. government and the public, and created the greenback, which was actually used into the 1970’s.

Now our national debt never skyrocketed really until after World War I (also shortly after the Federal Reserve took control) . In 1919 our public debt stood at 25.5 billion (and our money was worth a lot more at that point). We’ve certainly come a long way from then.

And most of the time, the issue has been largely ignored. In fact when one president did stand up to the Federal Reserve and pledge to end the national debt, we killed him.

Ladies and gentleman, we are entering a new and progressive era. People want change, and not in the form of another corporate bailout. Obama has pledged to drive down the national debt. What a better way to do that then by breaking the debt-driven monetary system we sustain right now? I’ll let a guy from my home state break it down for you. Mr Kucinich?

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