In 1913, the United States made such a bargain, allowing the privately owned and newly formed Federal Reserve Bank to take control of our economy. At the time, it was sold to the American people as a way to stabilize our economy and to prevent all future woes. Of course, the bank was not about to fund the Federal government without some collateral.
Enter, the 16th Amendment which mandated a compulsory individual income tax, in direct violation of Article I, Section 2, Clause 3. What this meant was that the United States government now held control, through taxation, of all the fruits of the labors of its people from that point forward, and could thereby promise such as collateral to the Federal Reserve. By 1933, the Federal government was bankrupt, by design of the Federal Reserve bank of course. What happens when you go bankrupt? That's right, the bank takes ownership of your collateral. It's the same common scam used by mafia loansharks to take control of your car, your business, whole neighborhoods even while leaving you still making payments long after the initial debt was satisfied. Usury. In this case though we are talking about the entire national economy, your very identity as numbered through Social Security, along with all of the nation's gold was handed over by FDR in 1933 to keep the economy operating. That's the painfully short version anyway. That is the basis of how our economy has operated ever since. Perpetual and compounding debt, and every citizen a slave in the literal sense of the word.
This is what we are seeing happen right now in Europe. The economic turmoil in Greece, the banking crisis in Spain, even the failed attempt for the Euro to take over in Iceland. You can read more about the EuroZone crisis in that link. It all goes back to the consolidation of banking interests with nation-states willingly stripping themselves of sovereignty in order to participate in the Euro system. The banks reap the rewards, while the members are left saddled with debt.
Which bring us now to today's little example. Italy is now liquidating historic properties to private investors in order to keep their economy afloat and to keep the wolves from the door. In a sense, this is how Americans have recently come to find themselves locked out of public parks such as the Grand Canyon and Mt. Rushmore. Those parks really are not public at all. They are owned by the corporation called the UNITED STATES.
28 USC § 3002
(15) “United States” means—
(A) a Federal corporation;
Source: Cornell University Law School
“The reality is that any government in Europe is looking to raise funds where they can.” -Rupert Fawcett
Cash-for-Castles: Italy sells off historic sites to plug budget holes
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