If we don't get a Balanced Budget Amendment we will become a Muslim Caliphate with Sharia law
No, but if we don't stop foreign debt from leveraging itself against the US Government, the Treasury won't be able to print currency. You tell me what happens next.
The treasury doesn't print the money, the Fed does. Our money is not backed by anything. Not gold or silver or anything else. It is printed out of thin air. Every time the Fed prints money it devalues the dollar. The Federal Reserve is NOT a government entity, it is owned and operated by private banks. It is a banking cartel. Our government can't audit the Fed or even look at it's books. FACT.
Our dollar has a value of 4 cents as compared to what it was worth in 1913, the year of the Federal Reserve Act. Printing money right now is the very last thing we need to do. What we need to do is END THE FED!
[ame=http://www.youtube.com/watch?v=a2roews2_1c&feature=player_embedded]‪March 25th, 2011‬‏ - YouTube[/ame]
To simplify even more:
[ame=http://www.youtube.com/watch?v=OaHSWjbMvQ0]‪The American Dream? - FULL LENGTH‬‏ - YouTube[/ame]
Ron Paul 2012