Article 1, Section 8 of the US Constitution states: “The Congress
shall have the power to coin Money, regulate the Value thereof, and of
Coin, and fix the Standard of Weights and Measures;”
operative word here is “Congress” not “The Fed,” not “The President,”
and not “Barney Rubble.” Only “Congress.” But upon urging from the
banking industry and their congressional supporters/recipients of cash
donations from bankers, Woodrow Wilson and the US Congress changed all
that. Thanks to a dumbed-down government-run education system, most
Americans have no clue as to how or why the Fed was created.
magazine founder Bertie Charles Forbes was perhaps the first writer to
describe the secretive nature of the original gathering of bankers and politicians on Jekyll Island. In a national publication. He wrote:
When the Federal Reserve was created in 1913, a $20
bill could be exchanged for a $20 gold piece.
Today, it takes
seventy $20 bills to buy a $20 gold piece, which means the dollar can
buy in 2010 what you could get for 2 pennies in 1910.
Quite a record for
a central bank set up to protect the dollar. That worked out real well didn’t it?
the Fed has just printed and released $600 billion in new currency to
purchase our own debt. In addition, it is adding in $250 billion from the so-called “Stimulus” bill. It will be the largest tax increase in the
history of our nation. Why you might ask? Because the value of every dollar you now
have has just decreased exponentially. Within two years you will see
prices on goods and services increase to levels you will not believe
And this tax is not a tax that was debated in
the hallowed halls of Congress. It’s not a tax voted on by our elected
representatives. It’s not a tax enacted by any legitimate law-making
body. It’s a tax foisted upon the American people by a private
corporation that has allegiance only to itself.
We have reached our Wiemar moment. For those of you who don’t know what that means, you can educate yourself here: http://preparingyourfamily.com/economy-anatomy-economic-collapse-weimar-republic/
all going to pay the price for our inattention. Democrats,
Republicans, Conservatives and Liberals; there will be no escape for the
poor or the rich. We will all suffer together. Only some more than others. The worst part is that
we are going to pass this burden on to our children, grandchildren and
even our great-grandchildren. It’s the shame this generation will have to bear.
Ron Paul is right: It’s time to End the Fed.