Greece The 51st State?

What Greece needs is a modern and dynamic banking system that will liberate its people to create small and medium-size businesses. Instead, it is imprisoned in a European-union banking system with a central bank in Germany that is not much more modern in the way it lends money to private banks than central banks in the 19th century enslaved by the gold standard. The admission of Greece by the American Congress as an American state would allow Greece to convert all its euros to dollars, a simple transaction, and allow its private banks to join the Federal Reserve banking system of the United States. The central government of the American union of states does not directly control banks in states. It frees them to create the union’s money supply. The Federal Reserve system is a hybrid system, both public and private, both centralized and decentralized. It gives private bankers unheard-of freedom to create money and it provides strong guarantees for solvency with very limited central control. Its structure is unique among central banking systems very much as the centralized-decentralized structure of the governmental system of the United States is  radically different from nation-states. The Federal Reserve system is set up just as though the Federal Government in Washington wished to have as little to do as possible with the money supply. Private banks place deposits they receive from customers or money they borrow from a Federal Reserve bank in an account with a Federal Reserve bank and create multiples of money through loans to businesses sometimes 900 percent greater than the value of their deposits. Greece needs also to give its people the freedom to move and live worldwide by giving them the right to live and work and have full political rights in any one of the 50 states of America as well as the state of Greece. The American Constitution gives the American Congress the right to pass a bill and admit a new state. Greece, the inventor of democracy, needs to stabilize its democracy at home and free its citizens by getting rid of the limitations of its present union which is preventing its free development. 

Daniel McNeill