Uncovering Why the Federal Reserve - Central Bank - MUST be Abolished - DEBT DEBT DEBT
Our Founding Fathers Would Cringe at Today's Federal Reserve Fraud on the People
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
- Thomas Jefferson
Abolish the Fed and Restore American Prosperity
The Federal Reserve combined with Fractional Reserve Banking is the CAUSE of the Economic Depression. By definition the Federal Reserve is a perpetual debt system. Printing money to pay off debt owed in an endless cycle. There can be no economic prosperity under a perpetual debt model. All the money is funneled via interest back to those who control the Central Bank.
If you can not see why this is a system which can not work over time then there is simply no help for you. This is not a Republican or Democratic issue. Both sides continue to do NOTHING to “fix” the problem. The problem is the Federal Reserve is a CANCER on the Economy. The Federal Reserve MUST be abolished in order for the Health of our country to return. If the Federal Reserve is not abolished the Cancer will spread to such a degree that it will completely destroy our country. Once the Central Bankers own all the assets of ours country (And the World for that Matter) we will become a police state and Democracy and Capitalism will have failed.
The Federal Reserve did NOT stop the First Depression. It can not stop this one. The very job of the Federal Reserve/Central Bank as proposed to the Government in 1913 was to prevent these economic depressions – but it was a lie then and it’s still a lie.
You can not print money from thin air to pay debt, this is an inflationary practice. The Federal Reserve Solution is to raise interest rates to control inflation, which in turns makes the ability to borrow money nearly impossible and has a stagnating effect on the economy. When credit is widely available debt balloons to the point where it can not be repaid. So the Federal Reserve prints more money. The system can not ever work! All it does is shift the wealth of countries into the hands of Private Bankers.
The Federal Reserve is NOT owned by the Government – it is owned by 12 Member Banks which in turn are owned by PRIVATE BANKERS which due to Corporate Privacy Laws are NEVER Disclosed. This is a “Secret Society” of privileged who live never wanting for anything and never working … just siphoning the wealth off of the people. It’s easy to understand why they fight any change with lies and continue to buy off any politician who gets in their way.
How Money is Created out of Nothing by the Federal Reserve
Federal Reserve Chairman Sucking the Life Out of Americans
Why are Politicans Perpetuating the Federal Reserve Fraud on America?
There have been three central banks in our nation's history. The first two, while deceptive and fraudulent, pale in comparison to the scope and size of the fraud being perpetrated by our current FED. What they all have in common is an insidious practice known as "fractional banking."
The FED is a central bank. Central banks are supposed to implement a country's fiscal policies. They monitor commercial banks to ensure that they maintain sufficient assets, like cash, so as to remain solvent and stable. Central banks also do business, such as currency exchanges and gold transactions, with other central banks. In theory, a central bank should be good for a country, and they might be if it wasn't for the fact that they are not owned or controlled by the government of the country they are serving. Private central banks, including our FED, operate not in the interest of the public good but for profit. – Congressman Ron Paul
Is Ron Paul the only Politician who “Gets It”? The Federal Reserve is turning the United States of America into a Police State. You are a slave to a bank for nearly every major purchase. The Federal Reserve is not owned nor is it operated by the Federal Government. Monetary policy is set entirely by PRIVATE BANKERS who are guaranteed a profit regardless of the state of the economy. Each time the Government Prints money through the Federal Reserve (Issues T-Bills) that money must be repaid in full PLUS INTEREST to these Private Bankers. Wake up!
"It would be a tragedy if, after all the hardships that Americans have endured during the past two years, our nation failed to take the steps necessary to prevent a recurrence of a crisis of the magnitude we have recently confronted," Bernanke told the panel.
I totally agree, and this is the perfect time to ABOLISH THE FEDERAL RESERVE!!!
Sen. Christopher Dodd, D-Conn., chairman of the panel, predicted Bernanke would win confirmation. "Under your leadership, the Fed has taken extraordinary actions to right the economy," said Dodd. "These efforts played, in my view, a very significant role in arresting the financial crisis."
Dodd has been drinking from the fountain of misinformation. Federal Reserve Policy created the problem, the very system is the problem, and now Dodd is praising someone for what?
At the same time, Bernanke argued that the Fed must remain "effective and independent" to make decisions that may be good for the economy but unpopular with politicians or the public. That was directed at a provision — passed by a House committee on Wednesday — that would subject the notoriously secretive Fed to congressional audits. Bernanke fears that could interfere with crucial decisions about interest rates.
This is the Bankers way of saying “F-You”… if you think you can touch us. We are the law, we are the Government. Bernanke is a wolf in sheep’s clothing paid to lie to the public by the Private Bankers. How can any American support an organization that is “secretive” and doing everything in their power to avoid disclosure and auditing? How is this in the interest of the American Public the very people ware are involuntary slaves to the system they created? WE MUST DEMAND DISCLOSURE!!!
The American Tax Payer has a right to know how their money is being manipulated.
The central bank's forceful and aggressive actions prevented the devastating crisis from getting even worse, Bernanke said.
Wow put on your chest waders because the amount of bullshit coming out of this guys mouth is going way more than ankle deep. Why can Americans not see this person for the fraudulent Anti-American that he is? Bernanke does not give a rats ass about Americans he is the front man for the Secret Banking Elite. And their only agenda is to keep getting richer by milking the world of it’s assets.
Bernanke said it is too early to decide whether additional government aid is needed to bolster the recovery and spur job creation. The White House was holding a summit Thursday to explore new ideas to get Americans back to work.
The good thing is it is not too late to Abolish the Federal Reserve. Bailout fund have not created sustainable jobs. AIG was handed Billions, paid out billions in executive bonuses, and then just this month it was reported they do not have enough reserves to cover the potential losses on those they insure – the very core of their business model. All that happened in the AIG Bailout is Bernanke gave his banking buddies huge bonuses and nothing has been fixed. The American Tax Payer simply absorbed the losses. This was a pure handout from the rich to the rich.
"The AIG bailout alone is reason enough to send you back to Princeton" where the Fed chief taught economics for 17 years, Bunning said. "Your time as Fed chairman has been a failure."
"You are the definition of a moral hazard," huffed Sen. Jim Bunning, R-Ky., who opposed Bernanke's confirmation four years ago and said he'll do so again.
Is this the only Politician in America with the common sense to see Bernanke for what he is? Yet there is still no talk among the Republican Ranks of eliminating the Federal Reserve.
Geithner, who was chief of the Federal Reserve Bank of New York before taking the Treasury job, credited Bernanke with "enormous creativity and bravery" in confronting the financial crisis. "We're lucky to have him in the job," Geithner said.
Really you mean a Bankers who is part of the system is praising the front man for the system? Shocking.
Remember the Gold in Fort Knox?
The United States of American once had a "Gold Standard"... our currency was backed by gold. You could take your paper notes and exchange them for an equivalent amount of Gold. Gold was held in the Vaults at Fort Knox, the Federal Reserve Bank in New York and other places.
Once the Gold Backed Monetary Currency was withdrawn from the Market and the Gold Standard was abolished... the gold dissappeared!
Who has the Gold? Who controls what was once Americas Wealth. Think Bankers and you'll be on the right track. And there is ZERO Accountibility for the disappearance of the Gold.
Do you still think the Federal Reserve is doing what is in the interests of the American People?
Money is Created from Nothing! Abolish the Federal Reserve
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The 12 Federal Reserve Member Banks Our Forefathers warned of the corruptions and problems with establishing a Central Bank Thomas Jefferson