Here is a little truth from Congressman Ron Paul’s book “End The Fed” .
By Daniel at 29 November, 2009, 8:38 pm
When you think about it, debasing the currency is counterfeiting. It steals value from every dollar earned and saved. It robs the people and makes them poorer. It is the absolute enemy of the workingman. It transfers wealth from the middle class to the privileged rich.
Diluting the value of the dollar by increasing its supply is a vicious, sinister tax on the poor and middle class.
It’s an ancient tool of all authoritarians.
The Federal Reserve should be abolished because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty.
“Proposed reforms for Fed could hurt U.S”
You mean forcing the FED to actually do its job would hurt the US? Amazing! Once again, you ask a government organization to do their job and they tell you that they can’t because it would hurt us. I am so sick of this government incompetence.
Let’s reveal the private Fed’s core function: to shovel as much money as possible to the international owner banks’ offshore accounts. Alan Grayson’s question about the $500 billion vanished still remains unanswered, while the Fed’s off-balance sheet liabilities have piled up by another $8 trillion. Money the Fed does not have, nor is authorized to handle, money the taxpayer will have to cough up, interest included.
Instead of repairing the system, the Fed keeps throwing trillions upon trillions of taxpayer money at an insatiable monster ready to swallow us all.
http://www.youtube.com/watch?v=vjx5KkCbvBE
“Bernanke… has gotten it WRONG time and time again!”
Peter Schiff: “Ben Bernanke Has Never Gotten Anything Right” - NEVER.
http://www.youtube.com/watch?v=RBzhRZxp-hk
AUDIT THE DAMM FED! They are only looking out for themselves, it is time to end the charade……
- Atlas Shrugged
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