Tag: Federal Reserve
Paper Money, Real Debt, and Spendthrift Nations
The essential problem is that both the U.S. dollar and the Euro are just so much paper, despite the promises and guarantees that they will be honored as real money. The trick has been to keep everyone believing there are sufficient real assets to back up those promises.
Louis McFadden on the Federal Reserve
Mr. Chairman, at the present session of Congress we have been dealing with emergency situations [the economic depression --ed]. We have been dealing with the effect of things rather than with the cause of things. In this particular discussion I shall deal with some of the causes that lead up to these proposals. There are underlying principles which are responsible for conditions such as we have at the present time and I shall deal with one of these in particular which is tremendously important in the consideration that you are now giving to this bill.
The Truth About The Federal Reserve
Through the Federal Reserve Board and the Federal Reserve banks the riffraff of every country is operating on the public credit of this United States Government. Meanwhile, and on account of it, we ourselves are in the midst of the greatest depression we have ever known. Thus the menace to our prosperity, so feared by Senator Lodge, has indeed struck home. From the Atlantic to the Pacific our country has been ravaged and laid waste by the evil practices of the Federal Reserve Board and the Federal Reserve banks and the interests which control them.
Elephant in the House
Republicans have failed to realize that true “welfare reform” means the end to all foreign aid and the end of a debt-based banking system, which all but ensures that the American people will continue to live in poverty and slavery to the international bankers forever.
Everything You Promised and a Whole Lot Less, Mr. “President”
The “president’s” first glaring mistake in his SOTU address, was his failure to acknowledge the Second American Revolution and his place in it. Great events are transpiring around this “president’s” head, as the American people call on their leaders to abolish the Federal Reserve. Obama continues to assert a Baghdad Bob weltanschauung, assuring Americans that the “worst of the recession is over.”
The Federal Reserve’s Magic Money
There are harsh facts being ignored about the present economic crisis. More than 42 million Americans were on food stamps in August, an all-time record and a number that is 17% higher than a year ago. The U.S. is experiencing massive unemployment and the American Bankruptcy Institute predicts there will be an estimated 1.6 million consumer bankruptcies this year.
Feels Like a Depression to Me
Between the time that George Washington took the first oath of office as president and when Barack Obama did—1789 to 2009, the United States had borrowed nine trillion dollars. Since Obama took office, it has borrowed or imposed nearly three trillion more debt. Tell me he is not deliberately seeking to bankrupt the nation.
Bind Him Down From Mischief
The Obama administration may be able to fool the American people for a time, with “hope” pep talks, and fireside chats, but the ultimate reality is that gullible Americans are NOT the sophisticated foreign investors who are currently propping up this republic. These foreign investors are getting ready to pull the plug on the hopeless deadbeat this country has become.
The Fall of Our Republic
Like him or not, I think Alex Jones’ views should at least be considered. There have been to many incindents over this past year that have been used to take power away from the people and force it into the hands of a government or possibly a shadow government.
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