A Long Discussion; but one you need to read and respond to.
March 11, 2012 8:47pm CST
It was Epictetus who said "Appearances are of four kinds: things either are as they appear to be; or they neither are nor appear to be; or they are but do not appear to be; or they are not and yet appear to be. Clear as mud? Let me make it murkier; The Federal Reserve needs to be abolished for seven reasons. The Federal Reserve is incapable of accomplishing its stated objectives. It is a cartel operating against the public interest. It's the supreme instrument of usury. It generates our most unfair tax. It encourages war. It destabilizes the economy. CARTEL: an international syndicate, combine, or trust formed especially to regulate prices and output in some field of business. OR a coalition of political or special-interest groups having a common cause, as to encourage the passage of a certain law. Business catels such as OPEC control the prices and do not compete with one another. Everyone gets rich, they set the price and you pay or go without. USURY: The lending or practice of lending money at an exorbitant interest; an exorbitant amount or rate of interest, especially in excess of the legal rate. These are the folks Jesus threw out of the Temple. It is the ONLY time he is said to be angry except when He returns to earth the second time and ends that war we're all worried about. Now onto the Federal Reserve and why it needs to go if we are ever to regain control of our country. The Federal Reserve was begun by a group of bankers and with President Wilson signing the bill THEY came up with establishing it into force in 1913. Pres. Wilson later said: "I am a most unhappy man. I have unwittingly ruined my country. A geat industrial nation is controlled by its system of credit. Our system of credit is concentrated.(in the hands of a few) The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most competely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." The Federal Reserve System was created at a highly secret meeting that took place on Jekyl Island, the secrecy was extreme. When things are done in secret quite often there's something to hide? JP Morgan, Rockefeller, Sen. Aldrich, Paul Warburg and other billionaires and politicians with ties in the banking field all gathered on privately owned Jekyl Island to give America what Europe already had. A central bank. Funny thing is, Wilson ran on a ticket that promised to break the 'banking trust' and make the people's money safe. He was blackmailed into signing this into law when the bankers found out he'd had an affair. Remember, this was 1910. Then, to get it past the watchdogs in Congress, (there really were good Congressmen back then) they played some pretty dirty political games. What does all this mean to you, the consumer? Where did they get a billions of dollars to give to the treasury? who put that money into the account at the Federal Reserve System? The amazing answer is there is no money in the account at the Federal Reserve System. In fact, technically, there isn't even an account, there is only a checkbook. That's all. That billion dollars springs into being at precisely the instant the officer signs that check and that is called "monetizing the debt," that's the phrase they throw at you. That means they just wrote a check, a big rubber check. It's interesting to know that if we had lived in ancient Rome with a one ounce gold coin we would've been able to buy a very fine toga, a hand-crafted belt and a pair of sandals, that was the price in Rome. Today, if we have a one ounce gold coin what can we buy with it? We can go into any men's store and buy a very fine suit, a hand-crafted belt and a pair of shoes. The price of these items hasn't changed in thousands of years when expressed in terms of real money but when expressed in terms of these things we carry around in our pockets called Federal Reserve notes which is not really money at all, fiat money anyway, the prices keep going up and up and up because the value of those units keeps going down and down and down because they keep making more and more and more of them and dumping them into the economic soup. Napoleon Bonaparte said: (it is well known that the Central Bank in Europe fund both sides of the wars that have plagued that continent, the bankers had come to be known as 'kingmakers'. "When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." The opening quote should be clear to you now.
• United States
12 Mar 12
Before I awakened politically I didn't understand the Fed, I thought it was just a bank where the country kept its money and loaned it to other countries to make some money on the interest. Most people, if they think of it at all, probably believe the same thing. Glenn Beck was the one that made me understand what an abomination the Fed is and I don't understand why in the world we have put up with this scam all these years! The Fed and our outdated income tax system are a huge drain on the country both financially and morally. It makes no sense to keep them as they are, no sense at all unless you're one of the ones making money off these things. Is there any type of movement to get rid of the Fed? I haven't heard of any.
• United States
12 Mar 12
Ron Paul and other libertarians are famous for their abolish the Fed stand. Read up on the writing of G. Edward Griffin. Of all those who have written about the Fed, he can make it understandable. His book, The Creature From Jekyl Island is an excellent source. If you cannot take the time to read, he has many lectures on youtube if you care to search him out.
• United States
12 Mar 12
Still clear as mud. But I do agree that we need to abolish the Federal Reserve. If it ever had a valid reason for being, it was long ago. My biggest fear is that it's too late. We can see the problems and we can see what needs to be changed, but who is going to change them? "Money has no motherland" is a very sad statement of how this world operates. The common citizen, whether here or in Europe or Asia or anywhere, is at the mercy of the money mongers. We can only have solace in knowing that their money will do them no good in the end.
• United States
12 Mar 12
I didn't do as good a job at explaining a very complicated subject as I would have liked. There's so much info on the dirty dealings that gave us the Fed. The worst being the way they blackmailed Wilson, whom I believe truly regretted his role in it's institution. Secondly, I didn't get into the income tax ammendment that went right along with the institution of the Fed, and was suppose to be temperary and voluntary, and MAY not have been ratified legally. We've been bought, and are about to be sold. And you are right, the riches that come from it will do none of them any good when the end comes. The money changers are about to be thrown out of the Temple once again. God bless Peavey.