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Mainstream Reporter Tells The Truth About Audit The Fed And The Creation Of The Federal Reserve

Red 2012/08/14 09:12:22


Mainstream Reporter Tells The Truth About Audit The Fed And The Creation Of The Federal Reserve
http://theeconomiccollapseblog.com/archives/mainstream-report...

Isn't it about time that the American people got some answers?

The Federal Reserve is at the very heart of our debt-based financial system that was created by the big Wall Street banks and for the benefit of the big Wall Street banks.

The Federal Reserve (and virtually every other central bank in the world) is not accountable to the people. The Federal Reserve has created a perpetual debt bubble that is designed to systematically transfer the wealth of the American people to the banks. In this system, the total amount of money and the total amount of debt is designed to continually expand.

Since the Federal Reserve was created, the value of the U.S. dollar has declined by well over 95 percent and the U.S. national debt has gotten more than 5000 times larger.

But nobody seems to want to hold the Federal Reserve accountable for any of this.

Just what in the world is going on here?

In a previous article about auditing the Fed, I listed some more questions that I would like to see someone ask the Federal Reserve....

If the Federal Reserve is supposed to prevent shocks to our economy, then why have there been 10 different economic recessions since 1950 and why are we about to enter another one?

Was the Federal Reserve involved in the manipulation of Libor?

What role did the Federal Reserve play in creating the housing bubble that resulted in our unprecedented housing crash?

Why has the value of the U.S. dollar fallen by 83 percent since 1970?

Why is the Federal Reserve paying U.S. banks not to lend money?

Why did Barack Obama nominate Ben Bernanke for a second term as head of the Federal Reserve when Bernanke has a track record of failure that makes the Chicago Cubs look like a roaring success?

Why is the U.S. national debt more than 5000 times larger than it was when the Federal Reserve was created in 1913?

Why were the Federal Reserve and the personal income tax both pushed through Congress in the same year in 1913?

Why does the Federal Reserve argue that it is "not an agency" of the federal government in court?

Why do all 187 nations that belong to the IMF have a central bank?

Most Americans are pinning their hopes for an "economic turnaround" on the upcoming election in November.

But the truth is that until something is done about the Federal Reserve it isn't going to matter very much who is in the White House.

As I wrote about yesterday, the total amount of all debt in America has grown from about 2 trillion dollars to nearly 55 trillion dollars over the past 40 years.

Yes, we should blame the American people for being really stupid about debt, but we also need to keep in mind that this is exactly what the debt-based Federal Reserve system was designed to do.

We have been enslaved by design and most Americans do not even realize what has happened.

Let us encourage reporters like Ben Swann to keep speaking out about the Federal Reserve, and the rest of us need to keep speaking out about the Fed too

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  • shermannaholoholo 2012/10/24 16:37:39
    shermannaholoholo
    +1
    Fed reserve WON'T simply go away~ Ron Paul has/had intention of doing away with it. WILL NOT be easy~ Yet MUST be done away with~
  • Claybern 2012/08/21 18:45:32
    Claybern
    +1
    The Federal Reserve needs to go away.
  • Red Claybern 2012/08/21 20:26:02
  • Jeff Sh... Red 2012/10/24 01:47:32 (edited)
    Jeff Sherman
    +2
    What a great man Andrew Jackson was! He even survived an assassination attempt and multiple violent attacks against him, most likely all orchestrated by the FED.
  • Peggy 2012/08/16 03:26:01
    Peggy
    +1
    Wow, glad to see someone take a stand. Wish more of the mainstream media would crawl out Obama's pocket and report truth. I don't want opinionated facts, I want all the facts then I will form my own opinion. God did give me a brain.
  • SuperCee 2012/08/15 15:42:21
    SuperCee
    +1
    The Federal Reserve is controlled by the Elite.
  • Red SuperCee 2012/08/15 18:53:08
  • Bevos 2012/08/15 13:33:16
    Bevos
    +1
    I agree with that. THat is why I think Ron Paul should stay where he is and keep fighting for just that. We need people like him in the Senate to make sure people like Reid don't get away with SCREWING the American people, by NOT bringing our concerns to the floor.
  • goatman112003 2012/08/15 00:51:44
    goatman112003
    +1
    While I agree with the premise I disagree with the purpose. This was setup because the banks saved this country twice around 1900 because literally we went bankrupt. There are three ways a government can get money, tax it, borrow it or print it. Yes there are emergencies where you have to print it and war is one of them but we never pay back the creation or the loans. We now use the Fed to further political policies which is total insanity. Eisenhower used Social Security money and built the Interstate system which created massive wealth which was taxable but from the 60's on we used that money to finance Welfare and Great Society which were busts and wars. There was a Peter Seller movie years back where a small country figured out a way to have US financing by declaring war on us. The problem is all Presidents since 1913 have kicked the can down the road and we are at the point where all the cans landed. We have a massive spending problem not a revenue problem and while the Fed has aided and abetted the poiticos in their aims we are holders of the bag.
  • Red goatman... 2012/08/15 06:22:30
  • Eddie 2012/08/14 23:29:52
    Eddie
    +1
    I don't really think that thge people are stupid. The fact is that, as you say, the federal reserve is a power unto itself and is basicly answerable to nobody. I do agree with you though. It doesn't matter who is elected president. Nothing is really going to improve dramticly for regular people regardless of who is elected to any office. Regardless of how much money is spent for campaign theatrics or how many feel good promises get made, The real authority is all about money and power. And keeping it in the hands of and dedicated solely for the benefit of international corporate/banking interests. The government is a theatrical performnce designed to placate and occupy the attention of the general citizenry. Organized and directed from corporate boardrooms, penthouse offices and heavily guarded private estates.
    The average citizen has basicly one primary goal. Live their lives as best they can with as little notice or interaction with the government as possible. They know it isn't their government and have for a very long time. And they don't honestly believe there is honestly a damned thing they can do about it anyway. Which is exactly what the people who really run things ultimately want.
  • Red Eddie 2012/08/14 23:35:07
  • Eddie Red 2012/08/15 03:46:31
    Eddie
    "Sweet Sainted Ancestors" not another one!
  • rocat 2012/08/14 23:08:14
    rocat
    +1
    almost no one wants to hear these things-

    fewer still believe these things-

    they seem to enjoy economic bondage-

    as when one mentions these things...
    folks often get very mean-
  • Red rocat 2012/08/14 23:28:51 (edited)
  • rocat Red 2012/08/14 23:40:03
    rocat
    +1
    i am persecuted often-
    for speaking out on these things-

    the creator said it would be this way-
    when we oppose the satanic-
  • Red rocat 2012/08/14 23:42:55
  • rocat Red 2012/08/14 23:44:05
    rocat
    yes he is-
  • Squatch 2012/08/14 23:08:00
    Squatch
    SAD - Where is Alexander Hamilton when you need him???
  • Red Squatch 2012/08/14 23:36:45
  • Squatch Red 2012/08/14 23:40:55
    Squatch
    No - more from the fact he was the first secretary of the treasury and his financial genius was what helped found our nation - one of his biggest contributions was the Louisiana Purchase.
  • Red Squatch 2012/08/14 23:58:11
  • Don Leuty 2012/08/14 09:18:57
    Don Leuty
    +2
    Your money. Now you see it, now you don't. Gone are the metal backed dollars of the past, substituted by notes on indebtedness. What happened when the real estate notes didn't get repaid? Now get your magic multiplier out. Wealth built on debt is not wealth.
  • Red Don Leuty 2012/08/15 18:57:14

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