Modern fiat currency, and thus money itself, is debt-based.
It is part of a modern attempt to make us all debtors by making all value seem to exist because of the government.
*Note that I use the term Government only for lack of a better term, as the Fed is actually a Chimera and acts as either a government entity or a public entity, and is thus able to use the legal system as no other organization can. You can see a simple example of this by going to http://www.federalreserve.gov/ , which is a .gov or public site, versus http://www.newyorkfed.org which is a private, corporate, .org site.
It is part of a modern attempt to make us all debtors by making all value seem to exist because of the government.
*Note that I use the term Government only for lack of a better term, as the Fed is actually a Chimera and acts as either a government entity or a public entity, and is thus able to use the legal system as no other organization can. You can see a simple example of this by going to http://www.federalreserve.gov/ , which is a .gov or public site, versus http://www.newyorkfed.org which is a private, corporate, .org site.