Our dollar is almost worthless at this point. (Photo Credit Young Americans for Liberty)
Before I learned much about Libertarianism, there was one institution that I didn't know much about -- the Federal Reserve. I thought, "Oh, that's that entity that regulates money. I know a little about inflation, but that's history. That isn't happening today!" Little did I know how wrong I was about the Federal Reserve -- and others were already speaking out about it all the time, just concealed by mass media propaganda. It was time that I learned the truth.
The Federal Reserve answers to no one. It is a private entity, separate from the government and the people. It can print as much money as it wants, inflating the money supply, and get away with what would be considered illegal to the average citizen. Basically, it controls all the money, can spend as it pleases, and we are completely blind to all of its wrongdoings. Sounds horrible, right?
I began researching HR 1207, a bill created by Congressman Ron Paul, known as the Federal Reserve Transparency Act. At this point, the bill has 297co-sponsors and 30 senators signed on in support. So, why hasn't it progressed? Honestly, do you think that they would let it? It is being stalled for time, which is making those in the "End the Fed" movement very angry, to say the least. The argument makes sense -- just let us see what you do with our money! Nothing more, nothing less. Who would be against such a proposition? If you steal my money, I at least want to know what you do with it!
For more info I recommend watching the following movie, titled "Money, Banking and the Federal Reserve." Click to view.
Comments
The New Era Of Transparency!
The marriage between the government & commerce is the culprit. The richest people in the world own the Central Bank. They most-likely also own majority interests in the business that have been deemed "too big to fail". They got that way due to laws sought by lobbies by purchasing the souls of our "representative government".
Now, commerce is making profits by decreasing the income of its employees, eliminating benefits, reducing workers, increasing "salaried" hours and getting the masses to fight against each other for crumbs. And we go for it.
I wrote a song called "Fiat Greed", available for free streaming @ Sassyalternativemusic dot com/downloads. I want to license this song to any cause that wants to increase awareness, solidarity and create real, lasting change.
The powers that be are getting nervous that the masses will wake up and fight for our freedom from wage-slavery (listen to "Incite Social Evolution". Let's give them a good reason to fear..
Actually, Stacy, the situation is much worse even than you think.
If you research Cede & Co. (as in to cede your rights) you will discover a wholly owned subsidiary of the the DTCC, with something in excess of $10 trillion in assets. Cede & Co. is the "titular owner" of all the share certificates traded on US stock exchanges. Shareholders of publically traded companies are merely "beneficiary owners" of the shares. If you buy some shares and try to get your hands on the piece of cardboard that proves you do indeed have title to the shares, you will fail. Cede & Co. owns it all. The ostensible purpose, from the middle 1960s, is to streamline trading of shares -- but they snuck in a Trojan Horse so immense it is invisible.
The DTCC, by the way, has an almost identical list of owners as has the Federal Reserve, which of course, is not and never has been part of the US government.
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