The Revolution Continues

According to many people who investigated the history of the Federal Reserve System it was set up by the industrial and financial masters during the industrial revolution. People like JP Morgan, Andrew Carnegie, and John D. Rockefeller were at the helm of the development of The Federal Reserve Act of 1913. Through manipulation and lies this government legalized this un-constitutional entity's existence. I recall Woodrow Wilson's famous remark when he discovered how his signing the bill into law had destroyed the country: "A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom."(The New Freedom 1913)

Here is a free market lesson in central banking. Basically it does not work. It does not work because; it controls the money supply within the economy. So if interest rates are lower than more money will be pumped into the economy, this may sound good (especially considering interest rates being lower on loans you have) however, in reality it devalues the dollar and in effect causes inflation. If you look at the value of our dollar from 1913 up to present day you would see that it has declined greatly, it is only a shadow of its former glory. If interest rates are higher than less money will be pumped into the economy, this may sound good but this too is responsible for causing deflation while increasing the value of the dollar because the currency is so few and rare. However, the point here is not to say raise interest rates, although free market economist would agree but, the free market economist would order the private Federal Reserve to shut down altogether. In fact because it only appears that there is more money for people to have it creates only the illusion of prosperity but in reality you just have more money to cover the same level of costs for said product.

The fact of the matter is that there is a revolution taking place in this country to End The Federal Reserve System and to have us go back to money backed by gold and silver, because our money is Fiat or paper money, the only difference between Parker Brothers Monopoly board game money and our "legal tender" is that one has been given the Department of Treasuries Seal of approval while the other has not yet both have no commodity backing them substantially, in other words gold and silver. We pay money plus interest for our own money. The debt we owe them largely is paid through your federal income tax and failing social security programs. This is why we must end the Federal Reserve and restore money to be issued by our own government by order of our constitution. Some people think that without the federal income tax we would be unable to support the things we do that are granted as powers to the federal government, but in reality our excise taxes are enough to cover that which we need to support by our constitution.

You would be amazed at how much more money we would have if we stopped all these government programs, we could pay off the debt in our lifetime and no longer have to worry about the violation of our civil liberties and an expanding government that seeks to tell us how to live and think. As Thomas Jefferson once said, at his Inaugural Address, "A wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our [happiness]."