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Why can the USA government write a blank check, but a citizen legally cannot?
November 18, 2010
7 thoughts on “Why can the USA government write a blank check, but a citizen legally cannot?”
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Because the government is in charge, this administration especially thinks they can do whatever they want without any fear of repercussions…Because after all, who’s going to do anything about it? They have the army and the national guard on their side.
Full Faith clause means uncle sam can put his hand in your pocket or purse when ever a bill needs to be paid. You probably won’t even get a drink or dinner before you are bent over.
Because the government check is backed by the FDIC. What does the ordinary person have the backing from? no one!
they have a 1.6 billion dollar guarantee in the population at one dollar per person that they will be payed back , we don’t have that kinda guarantee coming onto our bank accounts. Good question. It really puts things into perspective perhaps if we allow more law breaking nobody will have to follow them.
Because the U.S. Government also has the power to print money, and to tax people. That’s just how deficit spending works.
It’s good to be the KING.
There is no "blank check" it is much more complicated than that.