US schools get failing grade for financial literacy education

We had a discourse earlier where you called me "one of those people"

How do you reconcile that every war we've participated in has revolved around a single issue --- Money. And yes, this includes such "just" wars like WW2 where the US was attacked first.

What was the cause of the revolutionary war? The power of the Bank of England to collect taxes from the colonies.

And the war of 1812? The Bank of England wanted to re-take control of the newly created First Bank of the US or make the US so indebted they'd be force to renegotiate the terms of the First Bank of the US.

Fast forward years of poverty, lack of technical progress and exploration all the way until the 1820s when Jackson decided to end a private bank's role in our society.

Jackson killed the 2nd Bank of the US. Jackson was also the victim of an attempted assassination -- much is still debated about Richard Lawrence, the shooter, but the consensus was he was a lunatic. However, some speculate he was associated with bankers.

During this time period without a central bank controlling the monetary supply, America doubled in size and wealth rose considerably. Millions of immigrants began to flood cities and millions were given work (some forced to work like in the south)

Then we arrive at President Zachery Taylor. Another private bank was trying to get Congressional approval but the current President was against a private central bank. He mysteriously died in office after eating a meal. Today, the consensus is he died from possibly arsenic.

After Taylor, James Buchanan was also faced with legislation from Congress installing another private central bank. He refused to support another Bank of the US. He was poisoned but lived --- dozens of people from arsenic poisoning at the same dinner.

Now we're to Lincoln! Sure he presided over one of the worst wars our country has seen -- and a war for a just cause. However, Lincoln also opposed a central bank printing our money supply. You may have heard of greenbacks -- they were legal tender issued directly from the federal gov't in order to pay for war debts. Lo' and behold -- Lincoln was assassinated.

Are we developing a pattern yet? I could go on all the way to present day but I have weekend plans I'd rather focus on.

/r/news Thread Parent Link - cnbc.com