Thursday, January 17, 2013

The Incredible Debt Spider: It's Time to End the Private Fed

Dees Illustration
Rand Clifford
Activist Post

The “Federal Reserve Bank” (Fed) is not part of the United States Government. The Fed is a private, for-profit corporation ultimately owned by eight elite banking families:

1. Rothschild's of London and Berlin
2. Lazard Brothers of Paris
3. Israel Moses Seaf of Italy
4. Kuhn, Loeb & Co. of Germany and New York
5. Warburg & Company of Hamburg, Germany
6. Lehman Brothers of New York
7. Goldman, Sachs of New York
8. Rockefeller Brothers of New York

Magically, the Fed has exclusive rights to the dollar, and for them it’s even better than money growing on trees. Whether paying nominal U.S. mint printing costs for Federal Reserve Notes (like those papering your wallet), or simply entering digits into their banks’ computers, they lend this “money” back to us at a profit, making the following seem inevitable:

"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."

A problem with this quote attributed to Thomas Jefferson is that he never said it, apparently. But one great thing about truth, it rings no matter who says it.


Here’s some truth from Wright Patman, Texas Democratic congressman from 1929 to 1976:
...it is absolutely wrong for the Government to issue interest-bearing obligations. It is not only wrong: it is extravagant. It is not only extravagant, it is wasteful. It is absolutely unnecessary.
Congressman Patman was chairman of the House of Representatives Committee on Banking and Currency for forty years; for twenty of those years he introduced legislation to repeal the Federal Reserve Banking Act of 1913.

Patman also said:
I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.
That “idiotic system” is the Fed.

$454,393,280,417.03...for the year 2011, that’s how much Americans paid a consortium of twelve private banks for creating dollars out of nothing, and loaning them to the government at interest.

There may be no greater con job than the Fed. Even the name is a con—any influence the United States Government has over the Fed is a dog and pony show. The Fed is Top Dog, and there are no reserves to pony up.

BUY PROTEST SILVER
Public Awareness

Consider Americans accepting control of their money supply by debt predators—European establishments rank with old money. Seems incredible, but mainstream corporate media (MSM) is controlled by those same old spiders, so they also control the mass American mind. Obviously, even the government is in their web.

Many people aware of America’s submission to Rothschild-controlled central banking call the whole bleeding mess The Crime of the Century.

In June of 2012, when Congress renewed the Fed’s charter for another century, MSM made it a non-event. That’s right, renewal of the Fed’s charter for another 100 years but MSM was loading up for something popularly seismic on their radar: Hostess Twinkies in jeopardy.

Shook the very foundation of consumerism, rumbled from coast to coast. Twenty-dollar Twinkies...fifty?

Twinkies will probably be ushered back via carpet bombing of American attention span with irresistible cream-filled news. And the Fed will barely cast shadows.

No Laws, Only Power

If you had the privilege of creating dollars from thin air, and loaning them to government at interest, you might do anything to protect that privilege. Control of dollars means enough power to keep the privilege going until, as congressman Patnam said, “...the time will come when people demand that this be changed.”

We may be long past that time by not understanding all the warnings, including what presidents before and after Lincoln have told us about foreign central baking.

President Andrew Jackson put it this way in 1835:
You are a den of vipers. I intend to rout you out, and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be revolution before morning.
The U.S. has had three Rothschild-controlled central banks. The First Bank of the United States (1791-1811); The Second Bank of the United States (1816-1836); “The Fed” (until death do us part)? Jackson vetoed renewal of the charter for the Second Bank of the United States several years early, July 10, 1832. Not long after his “...den of vipers” declaration, Jackson survived an assassination attempt when both of the assassin’s pistols misfired; later he told his vice president, “The bank, Mr. Van Buren, is trying to kill me....”

Money is power. A monopoly to create “credit money” from nothing and loan it at compound interest, that’s pure power.

Rothschilds have long been reasonably candid about their predation. In 1838, Amschel Bauer Mayer Rothschild said, “Let me issue and control a nation’s money and I care not who makes its laws.”

1912, the year before the Fed doomed the U.S. to a bitter end, Nathaniel Meyer Rothschild told a group of international bankers, “Give me control of the credit of a nation, and I care not who makes the laws.”

Earth is home to 196 recognized “sovereign” nations. In 2000, 189 nations had a Rothschild-controlled central bank. But since advent of the immortal “War on Terror”, Iraq, Afghanistan, Libya, and Sudan have been captured, leaving only Iran, Cuba, and North Korea still free.

What makes challenging the Rothschild Privilege so dangerous is that protecting their privilege is well within Rothschild Power. Money trumps morality, and most everything else.

The four assassinated U.S. presidents, Lincoln, Garfield, McKinley, Kennedy—they all challenged the Rothschild Privilege....

Lincoln fought Rothschild attempts to get involved in financing the Civil War.

So, through their agent, Treasury Secretary Salmon P. Chase, Rothschilds forced through Congress, in 1864, The National Banking Act.

Lincoln soon warned the American people:
The money power preys upon the nation in time of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me, and causes me to tremble for the safety of our country. Corporations have been enthroned, an era of corruption will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands, and the republic is destroyed.
Lincoln also said, “I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.”

Instead of saddling citizens with the 24% to 36% interest demanded by bankers to finance the Civil War for the North, Lincoln came up with “Greenbacks”. $449,338,902 of these full legal tender Treasury Notes were printed. The London Times responded quickly:
If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.
President Garfield warned of the dangers to America should these European Central Bankers ever gain power: “Whoever controls the money of a nation, controls that nation and is absolute master of all industry and commerce. When you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” Garfield was assassinated in 1881.

President McKinley began his attack against the Central Bankers with Secretary of State John Sherman (1823-1900). They used the “Sherman Antitrust Act”against the Rothschild supported and funded JP Morgan financial empire known as the Northern Trust, which by the late 1800s owned nearly all of America’s railroads.

McKinley’s fight against the Central Bankers ended with his assassination in 1901. Vice President Theodore “Teddy” Roosevelt took power. Rothschild supported Roosevelt immediately dropped the United States government lawsuits against the Northern Trust.

Kennedy was the other president to create a U.S. money system in defiance of the Rothschild Privilege.

On June 4, 1963, Kennedy signed Executive Order 11110, and the Treasury issued $4.3 billion in U.S. Notes (“Silver Certificates”) into circulation. Five months later, Kennedy was assassinated by a “lone gunman” firing magic bullets.

Congressman in the '70s and '80s, Larry P. McDonald fought to expose hidden holdings of international bankers. McDonald died aboard Korean Airlines flight 007 when it was “accidentally” shot down in Soviet Airspace on August 31, 1983.

Senator John Heinz and former Senator John Tower were staunch critics of the Fed, and both served on the powerful Senate Banking and Finance Committee. Heinz was killed in a plane crash on April 4, 1991. Tower also died in a plane crash, the next day.

If these “coincidences” are in fact, coincidence, and not obvious protection of the Rothschild Privilege, that might seem a coincidence somewhat as profound as the Privilege itself.

Only One Solution

Regardless of how much death and destruction a nation is capable of inflicting, and how much “benign global hegemony” they can enforce militarily, if that nation borrows the use of its own money, how can it be regarded as a superpower?

The only real superpower on the planet is Rothschild-controlled central banking and their debt grip on 98% of nations. When the spider spins its fiat money, an equal amount of debt–plus interest–is created. Compound interest.

In the U.S., we will careen from debt crisis to debt crisis while astounding ignorance of the real problem is massaged into the mass American mind by MSM. Threatened government shutdown after threatened government shutdown while austerity dogs the most vulnerable American citizens and debt crushes all but the .001%, unless....

The only way the we might have a future is if we reclaim the right, mandated in the Constitution, of issuing and controlling our own debt-free money. That means a dead Fed is our only hope. Debt is venom, and the Fed will always keep us topped up.

Are we all out of Jacksons, Lincolns, Garfields, McKinleys, Kennedys...or does the U.S. still have some people power?

Perhaps a better way to put it: The U.S. has tremendous people power, but thanks largely to MSM, the people have little idea how to use their power.

Rand Clifford lives in Spokane, Washington. His novels, CASTLING, TIMING, Priest Lake Cathedral, and many earlier articles are published by StarChief Press.



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18 comments:

Anonymous said...

Hey, nice article, but I always hear that the FED is not a private entity. Are there any documents that prove unequivocally the ownership of the Fed by the named 8 private concerns listed in the article? Just stating the Fed is private just doesn't cut it, I need some solid evidence to support that statement. Thank you.

Activist said...

Here you go...

Case Reveals Fed’s Status as a Private Institution

Below are excerpts from a court case proving the Federal Reserve system’s status. As you will see, the court ruled that the Federal Reserve Banks are “independent, privately owned and locally controlled corporations”, and there is not sufficient “federal government control over 'detailed physical performance' and 'day to day operation'” of the Federal Reserve Bank for it to be considered a federal agency:

Lewis v. United States, 680 F.2d 1239 (1982)

John L. Lewis, Plaintiff/Appellant,
v.
United States of America, Defendant/Appellee.

No. 80-5905
United States Court of Appeals, Ninth Circuit.
Submitted March 2, 1982.
Decided April 19, 1982.
As Amended June 24, 1982.

Read the rest here:
http://www.globalresearch.ca/the-federal-reserve-is-a-private-financial-institution/8518

Anonymous said...

Excellent summary and challenge. Time to lose the tentacles of materialism/ parasitism. The corp consumer attack grows daily on internet. Notice how ads follow you around, and few videos are w/o multiple promotions. Almost all media is a mindscrew.

Create and share a better world. Use the tools and talents we all possess. Add grandma's advice: make it do; use it up; do without. With increased love for each other, company products/profits are not as vital as we've been lead to believe.

tommus said...

Where do you get this "$454,393,280,417.03...for the year 2011"? What does it represent?

According to my research, the Fed deposits the profit from interest on its holdings into the US Treasury. In 2011, this profit was $81 billion, and the treasury received $79 billion.

http://www.nytimes.com/2011/03/23/business/economy/23fed.html?_r=1&ref=business

Anonymous said...

Virtually anything is within Rothschild power.

Vampires don't cast shadows, either, do they?


http://www.youtube.com/watch?v=Ym4TTmOJ4I8

Anonymous said...

From the mushy mouth of Greenspan:

http://www.youtube.com/watch?v=O9dVQi-APZ8

Anonymous said...

Wonderful article. I missed the renewal of the notFederal unReserve's charter. The connection with presidential assassination is very interesting. But like tommus above, I question where you got your figure for profits.

The notFederal unReserve claims it gets a modest handling fee and forks over the profits. Now, a handling fee on trillions still gets to be a bit. But the other issue is the way it controls the flow of money. The tribe gets to play with it first, then it trickles down. This gives the private face of the notFederal unReserve the opportunity to do all manner of financial fraud in a quasi-legal way. Many billionaires can credit this system with creating their fortunes.

Example: in the 80s we had the start of the Milken and Boesky era. They forced all American business into debt to avoid so-called leveraged buyouts. Then the American economy was bought out and stripped of its assets (by the people with the money) and production outsourced. The notFederal unReserve presided over the whole thing without a peep. It was mob tactics applied to a national economy.

During this time the same process was worked on media until we had the completely docile lame excuse for a free press we have today. In it's latest example of 'never harm a member of the too rich to jail,' the media got through the entire gun debate without saying "prescription drugs."

Damn, I'm rambling, but I liked your article. What you said needs done if we are not to become a fourth world country. Closing the Fed, preferably with its toxic trash in it, would be job one or two in my book. The only competitor being getting bribery made illegal again.

Anonymous said...

Interest payments on U.S. debt....

http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

Anonymous said...

Dont end just the Fed, end ALL the central banks worldwide. This is a global takeover that started over 200 yrs ago and we all know theres only one murdering inbred mafia family behind it all.

Just look at their recent activity:
* Iraq: bombed, rothschild central bank installed.
* Afghan: bombed, rothschild central bank installed.
* Lybia: bombed, rothschild central bank installed WHILE they were still bombing.
* Syria: bombed, DOES NOT have a rothschild central bank.
* Iran: tick tock tick tock.. again, one of the last countries on the planet to not fall prey to a rothschild central bank.

Its not about Syrian chemical weapons, or Iranian nukes, its about total planetary enslavement. It was written in their plan 200 yrs ago.

1815: The five Rothschild brothers work to supply gold to both Wellington's army (through Nathan in England) and Napoleon's army (through Jacob in France), and begin their policy of funding both sides in wars. The Rothschilds love wars because they are massive generators of risk free debt.

1812: Nathan Mayer Rothschild's orders, the British declare war on the United States. The Rothschilds plan was to cause the United States to build up such a debt in fighting this war that they would have to surrender to the Rothschilds and allow the charter for the Rothschild owned First Bank of the United States to be renewed.

It doesn't matter if a country loses the war because the loans are given to the countries on the guarantee that the victor will honour the debts of the vanquished.

1862: By April $449,338,902 worth of Lincoln’s debt free money has been printed and distributed. He states of this,

“We gave the people of this republic the greatest blessing they ever had, their own paper money to pay their own debts.”

That same year The Times of London publishes a story containing the following statement,

"If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce.

It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe."

1865: In a statement to Congress, President Abraham Lincoln states,

"I have two great enemies, the Southern Army in front of me, and the financial institutions in the rear. Of the two, the one in my rear is my greatest foe."

Later that year, on April 14, President Lincoln is assassinated.

Shortly after, Jacob Schiff, a Rothschild, is sent to America with instructions:

1. Gain control of America's money system through the establishment of a central bank.
2. Find desirable men, who for a price, would be willing to serve as stooges for the Illuminati and promote them into high places in the federal government, the Congress, Supreme Court, and all the federal agencies.

1987: Edmond de Rothschild creates the World Conservation Bank which is designed to transfer debts from third world countries to this bank and in return those countries would give land to this bank. This is designed so the Rothschilds can gain control of the third world which represents 30% of the land surface of the Earth.

cont...

Anonymous said...

(cont from previous post...)

1871: An American General named, Albert Pike, who had been enticed into the Illuminati by Guissepe Mazzini, completes his military blueprint for three world wars.

The first world war is to be fought for the purpose of destroying the Tsar in Russia, as promised by Nathan Mayer Rothschild in 1815. The Tsar is to be replaced with communism which is to be used to attack religions.

The second world war is to be used to forment the controversy between facism and political zionism with the slaughter of Jews in Germany a lynchpin in bringing hatred against the German people. This is designed to destroy fascism (which the Rothschilds created) and increase the power of political zionism. This war is also designed to increase the power of communism to the level that it equalled that of united Christendom.

The third world war is to be played out by stirring up hatred of the Muslim world for the purposes of playing the Islamic world and the political zionists off against one another.

(The Bush's in Iraq, Afghan, Obama in Lybia, Syria, Iran, Netnfku starting to stir up chaos in Israel, AFRICOM in north Africa, Obama's drones killing relentlessly to stir up chaos against muslims, its all by design people, its the pretext to start WWIII)

1849: Gutle Schnaper, Mayer Amschel Rothschild’s wife dies. Before her death she states,

"If my sons did not want wars, there would be none."

************************

Wake the fk up people, its a planetary takeover by one sick family. We're giving them unlimited power when we give them the ability to print money out of thin air. Cut the snake off at the head.

War is nothing but pathetic staged theatre to satisfy their sick agenda. End all the central banks worldwide for any chance for our grandchildren surviving. Police state? They want a Police Planet, but they cant get it if you're armed.

They killed our presidents, Lincoln n Kennedy for trying to end the Fed. And they tried taking president Jackson too but he beat em. Whats his gravestone say? "I killed the bank!"

Its a takeover people. The line in the sand is NOW! WE'VE GOT TO STOP THEM BEFORE THEY START WWIII. END ALL THE CENTRAL BANKS WORLDWIDE!

Anonymous said...

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avjlPu.bRVmk

While the Fed’s Washington-based Board of Governors is a federal agency subject to the Freedom of Information Act and other government rules, the New York Fed and other regional banks maintain they are separate institutions, owned by their member banks, and not subject to federal restrictions.

tommus said...

OK, we see now that the $454,393,280,417.03 is the annual interest paid on the US public debt in 2011. That interest was paid collectively to ALL holders of US debt(the following from the treasurydirect.gov website):

U.S. Treasury notes and bonds
Foreign and domestic series certificates of indebtedness, notes and bonds
Savings bonds
Government Account Series (GAS)
State and Local Government series (SLGs) and other special purpose securities.

The FED is just one of these holders, and they received $81 billion in interest, or about 5% of the total interest (which they refunded to the US treasury remember)

I am in agreement with above comments that the FED has enabled all sorts of financial chicanery, but you need to realize that "we the people" are as much beneficiaries of this as we are victims...
For years the FED has been actively pumping newly-created money into the markets to avoid deflation. The markets... like the housing market (so you can still get a mortgage to buy, or get an OK price to sell, a house) the stock market (think pensions and retirement savings accounts) The FED is also enabling continued deficit spending by the US Govt to employ millions of people, send out lots of social security, unemployment and welfare checks (among other things which you may or may not see as helpful to someone without the last name of Rothschild) In the big picture, the FED (and the US military) ensure that a constant stream of real stuff - petroleum, I-pods, drugs both legal and illegal, whatever we want or need, flows into the US, paid for with a promise that someone else will foot the bill later.

So yeah, the ultra-rich have vast amounts of money and power, they control the gov't, media, banks, and what else is new? It was such long before the FED. But realize that never in history have so many millions and millions of people, through the voodoo magic of money creation, been able to live so far beyond their means, consume so much energy and materials, even to the point of threatening ecological collapse! Remember, 5% of the people on the planet consume 25% of the resources. Are you one of them?
Are we victims of the Rothschilds? More like victims of our own appetites. If you have a dollar bill in your pocket, consider yourself a co-conspirator.

Gary Kuhn said...

For me, this article does not get to the heart of the matter.

Here is a fact that could have been stated that enables us to be more diagnostic about the "private Fed": in our privatized, bank-based money-supply system, "fractional reserve" allows a hugh portion of the money supply to be created or destroyed, through credit expansion or contraction.

"Fractional reserve" means credit can be extended when there is little previously existing money behind it. Note that fiat currency is not the cause of "fractional reserve". Specie-based currency was actually the cause of "fractional reserve": we couldn't find enough new gold to expand our economy as much as we wanted to, so we lied about how much
specie we had, and we printed claim checks way beyond the amount of specie we had, to underwrite economic expansion.

So, going back to specie-based currency is not the answer. Going back to 100% reserve is the answer.

This idea is not new, it was proposed for example by retired Yale economist Irving Fisher in 1936, in an article entitled "100% Money". You let the government control, by agreed and explicit means, a steady increase in the money supply. You restrict the banks to participating in decisions about where our savings account balances will be invested.

With "fractional reserve", when the amount of credit is being extended, money is made plentiful and cheap and the cost in real terms of getting more credit is made low. This is the inflation stage. This is when potential debtors are suckered into debt contracts. Want to buy a house or a car or expand your business? Don't have the money? No problem,
step right up! Unfortunately for the debtors who sign up, credit is then contracted, money is made rare and expensive, and the cost of getting more credit is made high. Existing contracts are not re-negotiated. This is the deflation stage. In this stage, debtors can
only get a reduced price for their own product, but the face-value credit-payment they owe at the end of the month is not reduced.

This fractional-reserve based cycle of credit expansion and contraction is calculated and manipulated by the banks. At the end of each cycle, they have seized more assets, simply by writing credit, demanding "return of principle", and "interest payments" on money that did not exist. This is basically fraud, theft by deception.

So one option is not to get rid of a Fed, it's just to straight-jacket it, to redefine it, in a world of 100% money.

Also, this article does not acknowledge the people who have already been thinking and writing about this problem. I recommend
-- Ellen Brown, whose cover for the book Web of Debt features the spider picture reprinted in this article;
-- Irving Fisher's 1936 paper 100% Money, mentioned above;
-- the August 2012 paper by Benes and Kumhof at the IMF, The Chicago Plan Revisited;
-- Howard Taylor's 1895 paper The Philosophy of Money, in K.L. Armstrong's book The Little Statesman;
-- Samuel Leavitt's Birdseye View of American Financial History, also in Armstrong's book.
-- Col B.S. Heath's Labor and Finance Revolution, from about 1880.
-- Sarah Emery's Seven Financial Conspiracies Which Have Enslaved the American People, from 1894.

Finally, let me mention that many of the "8 elite banking families" listed in the present article appear to be Jewish, but that non-Jewish bankers in Europe were up to their eye-balls in the fraud of fractional reserve, and I suspect they were only too glad to point the finger at Shylock when things went bad. Hope this helps.

tommus said...

In the most simplistic terms, money is an abstraction of energy. Limitations on money supply mirror energy scarcity. Money is a tool to allocate energy, and like any other tool it can be used to build something of value, or hit someone else over the head.

A gold/silver standard worked fine when the energy supply was limited by forest resources (up to about 1850) The relatively static reserves of gold reflected the reality that consumption was limited by food production and firewood. It was not possible for human society to create so much aggregate debt that it could not be paid back by future production.

After the discovery of fossil fuels, the money supply needed to increase much more rapidly to reflect the fact that a barrel of oil is equivalent to something like 20,000 man hours of labor. Since the supply of oil was seemingly unlimited, and each successive barrel was getting less expensive to extract, the system could absorb a seemingly unlimited amount of debt creation. Unlimited energy + decreasing marginal cost of extraction = infinite growth. In this scenario, any amount of debt can be serviced. The institution of the FED, empowered to create money out of thin air, was created to reflect this perceived reality.

A century later, we are at the limits of growth for a fossil fuel based economy. Reasons include resource depletion, population increase, climate change, etc. The massive crippling debt hanging over us represents the time-value of all the energy we assumed would be available for future production, but is actually inaccessible. As the energy supply curve levels out, and eventually starts to slope downwards, the debt curve has to increase, and then increase at a increasing rate, just to keep the system stable. Growth is no longer an option. Soon this system will fall apart, we see it is crumbling now. But the human psyche clings to it tenaciously, doesn't it?

As a new energy paradigm evolves, a new monetary system will evolve to serve it. This will be here in a few decades whether we want it or not, and yes, there will probably be some Jews involved. Mazel tov!

Anonymous said...

Christ said,"forgive us our debt as we forgive our debtors".

They had to get rid of Him. He stood against their financial system of usury.








Anonymous said...

No Money is not an abstraction of energy. There is a finite amount of energy in a closed system such as the Earth and her atmosphere. There is no end to the amount of fiat currency that can be printed, therefore it is infinite. Especially when you consider digital currency creation. The value may change, but what is infintie cannot equal what is finite. Printing fiat currency indefinitely therefore eventually debases the currency as we are seeing with QE4 and the price of food and other finite items increasing. Or said the opposite way, our currency is weakening. The fiat currency printers hired Bernanke to be their fall guy. See, Helicoptor Ben wants to reproduce Weimar, Germany in the USA. He thinks the only way our of a depression is by printing more money. Of course my salary is not increasing at the same percentage rate that our money supply is, so therefore I become poorer and poorer as my dollars are able to buy less and less.

canobs said...

___SUPER article___explaining clearly with the right words the actual militaro-industrial economy system strangling the average citizen-worker-taxpayer___How come some stupid people still do not beleive or understand this.____ Ref: webofdebt.com/articles - globalresearch.org - canobs.livejournal.com

Kapt. Blasto said...

Look, folks...I have heard and read the entire story about the Federal Reserve.

I'm getting tired of it.

Here's WHY I am getting tired:

1) You don't TRULY have anything to replace it with. Nothing that is a turn-key solution that you can flick on and it immediately takes over from where the FED leaves off. NOTHING.

2) Congress CANNOT COMMIT UTTERANCE of CURRENCY into the Economy. Period.

Even though you THINK Article 1, Section 8, Clause 5 *says* that Congress can...there's no language that says that CONGRESS can COIN the NATION'S MONEY, and, subsequently SPEND that money which it creates into the economy...I've looked REALLY HARD at that clause, and I've looked at the COINAGE ACT that goes hand in hand with that clause...and maybe you didn't see something that I did, but THERE IS A CHECK AND BALANCE against Government, to prevent them from committing UTTERANCE (which goes hand in hand with the nasty little business of COUNTERFEITING)

You see, folks...for any new money to come into the economy and circulate...CONGRESS MUST INTERACT WITH AN "OTHER" separate from itself, and it's controls...Congress must interact with that OTHER, first, to HAVE that money created...and it's that OTHER, that is the INITIAL DISTRIBUTOR of that newly made money, into the economy, and it's for a REASON:

So that any non-involved-in-the-process THIRD PARTY, that receives that money from anyone else, can be assured of TWO THINGS:

ONE: ....that neither that GOVERNMENT, nor, that OTHER has debauched the currency (check and balance of each other) and that,

TWO: because of #1, the receiver of that tender can be assured that that piece of currency received is a PIECE OF LAW, and that through the POWER OF THE LAW, can use it as payment AT IT'S FULL FACE VALUE anywhere UNDER THE LAW.

(Uniform National Currency, from a central source(s), to prevent Banks, and others, from one or more regions of the country, from denying and disparaging currency from any other region, over basis of regional bias, or other such prejudice, when it has the SAME FACE VALUE recognized by the overarching FEDERAL GOVERNMENT [supplanted the BIG member banks from being initial distributors of new currency by SPENDING and ACQUIRING, then lending out what they acquire...to lending the CURRENCY, borrowing it, as it were, to make the difference off two interest rates, rather than making money off PROPERTY ACQUISITIONS through INTEREST laid on RENT, or LEASING...])


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