F**K The Fed

Video: Fuck the Fed -- By Neal Fox

It's not a profanity-laced tirade. The message is the following:

• "The Federal Reserve is not a government institution. It's a group of privately-owned banks to whom Congress illegally gave away the right to print the nation's money. Now they print it, loan it to us, and we pay it back with interest."

What follows is a simplistic assumption that has several caveats, but, if we still retained the right to print our own fiat currency, we would not have a national debt, as it would all have been printed away free of charge. However, the power of the nation's printing press in the hands of Congress would not be without its own complications.