Since its founding on Jekyll Island by Nelson Aldrich, JP Morgan, John D. Rockefeller and Paul Warburg, meetings have held behind closed doors, and transcripts have only been released since 1994 with a lag of five years.
The Federal Reserve is actually controlled by private banks, who use it to create money, which they lend to the US government at interest, the United States national debt consists solely of obligations to pay this interest, the federal income tax is then ILLEAGLLY enforced to pay off those obligations.
-Aaron Russo
America: Freedom to Fascism
http://video.google.com/videoplay?docid=鈥?/a>2. Should we abolish the Federal Reserve and return to the gold standard to protect the value of the Dollar?
I see many of your respondents are what is called "back door economists"! Many are taught "modern" economics %26amp; government, not REALISING that the flat or paper currency is a sham taught by these MODERN economics guru's, that know no better themselves for they are just as deceived as the ones their teaching! Not one other answer I read to your question even was close to why Gold is needed as a stabilizer for papered "NOTES" of payment!!! Paper currency are NOTES of payment TO "BE" RECEIVED, as in money such as GOLD/PRECIOUS METALS. The LESS gold in a system the STRONGER the buying power of the dollar/NOTE becomes, for dollars/NOTES backed by gold CAN NOT be printed with out the gold ON HAND!!! That's what STOPS inflation TAX! Paper currency with out the backing of precious metals used to be %26amp; is called "SCRIPT". The Japanese issued script with abundency, especially with in the Philippines during WW2. That script became so worthless that even Philippino whores refused it for services rendered, prefering oxen manure for payment as they could use the manure for fertilizer in their private vegetable gardens! Our FEDERAL RESERVE NOTE(script!) of today has a purchasing power of FOUR CENTS compared to the gold certificate of 1913, LIKE WHOOOAH!!! Seriously, save for a couple of your respondents, I really doubt the others have any post K-12 education what so ever, CERTAINLY NOT regarding the financial end of economics. If they do, they have OBVIOUSLY been taught by socialistic modern day economics "guru's" that have precious littl more knowledge than the ones they are supossedly teaching!
The United States does not have enough gold at current prices to return to the gold standard. A return to the gold standard would essentially turn this Country over to foreign investors who have a lot of dollar-denominated assets.2. Should we abolish the Federal Reserve and return to the gold standard to protect the value of the Dollar?
I think we should absolutely get rid of the federal reserve it is stupid and unconstitutional. I pay my bills on time every time there is no reason for me to pay 4x the amount my house is worth and in the end I still don't own it. I can pay it off fully and but if I miss paying taxes they come and take it away. Creating debt in order to profit is wrong in so many ways.
Right again, You're two for two.
JFK wanted to take the power to regulate money into the office of the President - he was shot
Hitler actually did it - He took and regulated the value of the mark
In 10 years Hitler took a bankrupt nation where a wheel barrow of money bought one loaf of bread and turned it into the worlds 3 rd most powerfull economy and no one ever asks how he did that
It may be easy and forgivable to get distracted with the multiple milion he killed but look at how he handled the money - at his discreation and you will know how he took his beaten bankrupt nation into world power in less than 10 years
Returning to the gold standard would a toughie....simply because there's not enough gold on the planet. Also, even if we did back all our currency with gold in a very short time all our gold would be in China. Our dollars buy their 'stuff'. We get the 'stuff', they get the dollars and if the dollars were redeemable in gold...we'd have to take back the paper and hand over the gold. We had the same problem in the early 70's when some of our currency was gold backed.....Nixon noticed that the gold was going away and a flood of dollars was coming in...so he 'closed the gold window'. The problem with a 'government controlled' central bank is that it would be subject to politics....and, if you're a 'conservative', you wouldn't want the 'goverment' to run a bank. Since there has to be some kind of central bank, the Federal Reserve seems to be the best we can get.
Most of the industrialized nations of the world make use of what is termed "fiat" currency. This is money printed by the country itself with only its good faith and national reputation to back it up. The United States Constitution gives this same power to our Congress, the power to print and coin money at will. However, wealthy bankers were able to take control due to fact that this country's turbulent beginnings made it's currency virtually worthless overseas. Europeans bankers forced the Great Depression to occur and there methods were adopted by David Rockefeller and his cohorts.
There is absolutely no reason for this country to be paying interest on a national debt.
the original Rothschild stated " I care not what a nations morals or standards are give me control of their monetary system and I will bring them to their knees" you older people should remember this from history classes in the 50's and 60's, so now who has control of our monetary system? the FEDERAL RESERVE? the Rothschild descendants of course,Warburg's, Rothschild's. and every body on the federal Reseve board is Zionist, and we are practially on our knees,History shows the Zionist tried to gain control of England in the 16th century, but, the English were smarter than us, they kicked them out before they gained complete control, so the Zionist went to Germany and the Germans were not as smart, so they gained comlplete control of Germany , and the the Germans were treated like sh,, and starved , until Hitler came along, then every one knows what happened then , they were already in Russia and had the the Russians in slavery, and kept them in slavery for over 60 years, and i do believe they still have a lot of influence there, now the U,S, the Zionist have gained complete control of our monetary system as their great great grand pa planned, they also control our news media,T,V, and all, now they are after our food supply and closing in fast, BOY, do we ever need Hitler now, as GeneralPatton said once and I heard him on our news reel make this statement, he said " we will curse the day we fought Germany, " did he know something then that our people are just learning ??
J,F,K, was killed when he wanted the gov, to take control of the Federal Reserve, and any fool should know a ignorant hill billie could not have planned and killed him , no one wants to touch this but I am getting to old to care , the only people who could have carried out this plot was the Israeli Mossad, but, the Zionist have so muc power and influence in this country that line will never be investigated, it will be covered up , same as the bombing of the U,S,S Liberty,or their complication in the bombing of the W.T.C. the Lavon affair, and so many instances I don't have the patience to write about,
This was tired decades ago and is a clear indication of a crackpot who takes material produced by crackpots as an alternative to actually taking time to learn how the economy works.
If you want something legitimate to worry about, learn about Chinese and Saudi investment in our bond markets. Learn about Chinese currency manipulation. Of all the things to be legitimately concerned about right now, the Fed doesn't even make the top ten.
.
YES.
http://grantdwalker.zaadz.com/blog
I would say a definate yes...but...a silver standard or gold/silver standard would be ok too!
FACT: Elvis is telling me to wear my tin foil hat when I sleep or NFL referees will come in and melt my brain.
uumm i think you should read up on that some more
No comments:
Post a Comment