Activist Post
Senator Ron Paul, author of the legislation called Federal Reserve Transparency Act of 2012 (HR459) that will subject Ben Bernanke and the privately-owned Federal Reserve Bank to a monetary audit policy has seen much support from his peers on Capitol Hill. The House of Representatives passed 327 – 98 on a vote last week which exceeded the necessary 2/3rd majority.
Bernanke, trying to deter the US Congress from digging into the private matters of the Fed, told House lawmakers that this legislation would allow a “nightmare scenario” of political meddling in monetary policy making. How pretentious of this head of the global Elite banking cartel to say that American representatives would be fumbling idiots meandering about in the matters of private shareholders being forced to disclose their agendas regarding our money system.
Paul, who is pushing for “transparency” in America’s relationship with the Fed, said that Americans are “sick and tired of what happened in the bailout and where the wealthy got bailed out and the poor lost their jobs and they lost their homes.”
Back in March, Bernanke lectured at the George Washington University in a propaganda stunt to reaffirm to the younger generations that the Federal Reserve is necessary and integral to the US monetary future. Bernanke claimed that “a central bank is not an ordinary commercial bank, but a government agency.” An outright lie.
By fabricating the factual need of the Fed as a cornerstone of our currency system, Bernanke tried to coerce the public on the benefits of the Fed. Dennis Kucinich said that “it’s time that we stood up to the Federal Reserve that right now acts like some kind of high, exalted priesthood, unaccountable to democracy.”
Paul wants to show the American public that their hard-earned money is going into off-shore accounts to support the global central banking cartels and fund their agendas. The focus is on the 2007 – 2009 “recession” that has laid the groundwork for hyperinflation in the near future.
The Audit legislation will direct the Government Accountability Office (GAO), which is an independent congressional agency, to oversee a full review of the Fed’s monetary policy, while conducting an audit of them. Their decisions will then be turned over to the Federal Open Market Committee.
Senate Majority Leader Harry Reid, co-author of the NDAA, is now decrying that he tried to bring a similar legislation to the House back in 1995. Reid asserts:
I have sponsored legislation that would call for an audit of the Federal Reserve System. I offer that amendment every year. Every year the legislation gets nowhere. I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve.Reid went on to say:
It’s taxpayer’s money that’s being used there but we don’t do that. Senator Dorgan has spoke out on the secrecy of the Federal Reserve System. He’s spoken out on the Federal Reserve more than anyone that I know in either body. But even though there is no entity in the world that controls our lives more than the Federal Reserve System, his speeches go unnoticed I’m sorry to say.
It is Reid’s contention (and quite rightly) that the Fed “affects government, because of the money that governments borrow.” Since the US government allows this privately-owned bank to sell them their currency, instead of printing it themselves as is allowed by the US Constitution, this permits the Fed and central banking cartels to rule over the American public through the ruse of taxation and the bull-dog collection agency known as the Internal Revenue Service (IRS). It appears that although Reid was once in support of this type of legislation, he is clearly not today as he has stated emphatically that the bill will be killed in the Senate.The central banking cartel’s takeover of the American people began in 1913 with the signing of the Federal Reserve Act, which led to the monetary enslavement we are witnessing today as well as the transformation of America from a Constitutional Republic into a nation of serfs who are tied to the conspiratorial endeavors of the global Elite.
Obama has made it clear that he believes the legislation is a “really, really bad idea.”
In the words of Timothy Geithner, former US Treasury Secretary, he asserted that an audit of the Fed is a “line that we don’t want to cross” and that if the American people successfully audit the Fed it would be “problematic for the country.”
As former head of the New York Federal Reserve, Geithner is doing a good job supporting the supposition Bernanke would like us all to believe – that somehow the central bank that caused this economic mess will be the only force to get us out. However, liberating the American public from debt slavery is not in the best interest of the privately owned bank. It is doubtful that the saving grace will befall from Bernanke or his lackey, Geithner.
None of this true.
It is the opposite – that the central bankers need the American Republic to survive, and without us they will perish.
A revolutionary thought is that we could just create an alternative monetary system, stop using the Fed’s fiat currency and liberate ourselves from feudal slavery.
That reality could happen tomorrow, if only with the accord of the American public that we are truly tired of being debt slaves to a system that is no more based upon fact than the paper the US dollar is printed on.
Susanne Posel is the Chief Editor of Occupy Corporatism. Our alternative news site is dedicated to reporting the news as it actually happens; not as it is spun by the corporately funded mainstream media. You can find us on our Facebook page.
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10 comments:
Well any time a criminal organization is threatened with exposure, it naturally bites back. Paul better watch his back. Israel doesn't like people nosing into the financial affairs of it's master the Rothschilds. Neither of course do the Rothschilds.
Believe it when the audit is finished. This is far from over.
Occupy, Reid. Occupy Bernanke, Occupy Obama. Occupy Geithner.
Occupy The Fed.
"Obama has made it clear that he believes the legislation is a 'really, really bad idea.'
In the words of Timothy Geithner, former US Treasury Secretary, he asserted that an audit of the Fed is a 'line that we don’t want to cross' and that if the American people successfully audit the Fed it would be 'problematic for the country.'"
Isn't it funny how they can tell us what a bad idea it is, but no one can make a cogent argument why? Every private bank has to have audits. Every public corporation too. So what is so special about the Fed, that they shouldn't have to prove that they're dealing properly and within the law with OUR MONEY?
since they think that meddling in there affairs is trouble, tell them why not, because since the beginning of the fed our currency has lost 90 + percent of it's value in real terms. enough is enough, now firing them is well overdue.
We really don't want an audit only to find out the bank of all banks has NO money, do we? If they're broke, a run on all other banks will happen. When that happens, many many folks will be without ANY money when other banks also fold. So... don't audit the bank unless everyone has plenty of money already to get by when they all fold. Only the greedy will get by when they do because the greedy already have all the money.
ezbuddy,
So I guess what you're saying is it's better not to know you have cancer. Of course that doesn't mean it's not going to kill you.
We must tune in to exactly how bankrupt the current system is--financially and morally. Once that really sinks in, it won't matter who has how much money, because money won't be worth the paper it's printed on.
If people will recognize that this "wealth" we've been chasing is all made up in someone's imagination, people who know how to do or make or grow something will be the hot commodity--not a bunch of ridiculous paper and computer entries.
Will it hurt? Probably. Surgery to remove cancer hurts too. But it's better than dying without ever knowing what killed you.
leslie, There is real wealth that the elite have as well as "worthless" notes. Control of food, minerals and energy won't disappear when the dollar falls. The elite have all the gold that is supposed to be in Ft. Knox and all the gold that is supposed to be in the FED banks. What real wealth is left for the serfs is the ability to, as you say:"to do, make or grow something" and that will be real wealth....but it won't get our gold, silver, platinum, copper, homes, and land back. I myself would much rather know of the cancer and fight it and to that end I have goats, chickens, and a great garden and am looking to insure my water supply with solar powered well and refrigeration system.
___The Rothschilds and Rockefellers would not like the fed to be honest and transparent, now Privatized and lobbeyed, the people(citizens)is working for the bank, when it was Public with the greenback and the founding fathers, the bank was working for the people, financial crises and wallstret crashes were impossible, the system being basically honest working like a cooperative. Gone are the days...
The Federal Reserve and their crony bankers are the real problems to the world economies. They pass laws to benefit themselves and their agendas while passing illegal, immoral, and unethical laws against the people through their puppet politicians who have been bought: lock, stock, and barrel. They have a separate secret economy for themselves secured by stolen gold and resources while the world population receive worthless currency that is backed by nothing. The real reason why Jews were rounded up because they would not give up their gold. The so called War on Terror or War of Terror has nothing to do with countries. It is all about resources. Grab what you can and go to the next country, demonize them and then drain everything from them with a parasitic imperialistic attitude using war; survival of the fittest. Keep the people dumbed down; steal from them and their livelihood so that they are easier to control. These guys who run the show behind the scenes are in more fear than you realize. They finance both sides to a conflict and control the outcome. Russia was a prospering nation and their education system was far the best in the world until the Rothschilds brought in the Bolshevik Revolution using Trotsky and Lenin in 1917 killing the Romanovs and destroying the Russian system with financing from London. The terrorist centers of the world are London's Crown Corp., the Vatican, and Washington D.C. using the CIA, FBI, IRS, Pentagon and so forth. The big banks, investment firms such as Goldman Sachs need to start shelling out money to the people they have drained from. These banks, firms, and corporations have trillions stashed in their offshore bank accounts and destroy people and jobs in the name of their corporations. Nothing will get better for the people until the Federal Reserve is systematically destroyed and those who control and run them. London (Crown Corp)deals with the financial, Washington D.C. deals with the military, and the Vatican deals with the spiritual. All three are separate sovereignties, with independent jurisdictions from the countries that they are physically located in. The Crown Corporation located in St James Pl of London is not under British jurisdiction and has nothing to do with the monarchy located in the financial district. Jacob Rothschild and his family run the finances of the Federal Reserve there free from British law. London, Vatican, and Washington D.C. all work together in unison to accomplish their goals against the world population.
Prosecute Bernanke for treason.
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