Sunday, November 10, 2013

Top 10 Reasons to End the Fed!


The Federal Reserve, an institute that millions of American knows very little about, yet controls our everyday environment by their policies.   The Federal Reserve is not a branch of our government even though they have Federal in their title; many say they are no more federal than “federal express”.  Many of the economic problems of today can be traced back 100 years ago to the creation of the Federal Reserve.  If we take back control of the monetary system, then we the American people can take back control of our country. 

1.       The Fed has caused an unstable economy- They create boom-and bust cycles in our economy.  The crash of 2007 was created by fed due to their free money with interest rates set at 0. 

2.       The Fed ruins the middle class- There is a hidden tax that most politicians don’t talk about, and that’s inflation. 

3.       The Fed is not Federal- We have no control of the group that determines the value of our money.  Wouldn’t it be nice to know how much money we leant to central banks during the collapse of 2007, our money.

4.       The Fed upsets the economy- They create boom-and bust cycles in our economy.  The crash of 2007 was created by fed due to their free money lending system.

5.       The Fed has too much power - Control of the money supply, they control the purchasing power of our dollars.

6.       The Fed has devalued the dollar- The dollar has lost 98% of its value since the fed was created in 1913.  This directly affects savors, retired people and people on fixed incomes.

7.       The Fed is Unconstitutional-The power to coin money is outlined in the United States Constitution to only be handle the Congress.

8.       The Fed uses a debt based system- For all new money that is printed into circulation, there is debt tied to it.  Now we find ourselves 17 Trillion in debt.

9.       The Fed bailouts- when banks made all the risky loans during the 2007 collapse, the fed bailed out finical institutions such as Merrill Lynch and Bear Stearns.  Then these institutions paid themselves bonuses, with our money!

10.   The Fed supports big government- the fed gives the federal government a blank check to support special interest and the rich.  The monetary system that is in place benefits the wealthy by moving the money from the poor and middle class to the wealthy.

The issuance of our money is the single most important thing that drives our ability to gain resources to take care of our families.  "Give me control of a nation's money and I care not who makes its laws" — Mayer Amschel Bauer Rothschild.  We must put the control of the monetary system back in the hands of the people, so we can control the direction of our country and our lives. 

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