USA — Federal Reserve 1 / 4

Posted by admin on August 6th, 2009 and filed under the new american oil boom | 11 Comments »

PlayList ALL Parts http://www.youtube.com/watch?v=JtBfgGR489M&feature=PlayList&p=DA0B1CB779A9AAC2&index=0&playnext=1
A Few Facts Every American Should Know …

Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy.
In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve’s inflationary policies. This represents a real, if hidden, tax imposed on the American people.

Some people think of the Federal Reserve Banks as United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.

From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble, to the housing market crisis, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial “boom” followed by a
recession or depression when the Fed-created bubble bursts.

Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state.

It is time for Congress to put the interests of the American people ahead of the special interests and their own appetite for big government.

Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy.

In fact, Congress’ constitutional
mandate regarding monetary policy should only permit currency backed by stable commodities such as silver and gold to be used as legal tender. Therefore, abolishing the Federal Reserve and returning to a constitutional system will enable America to return to the type of monetary system envisioned by our nation’s founders: one where the value of money is consistent because it is tied to a commodity such as gold.
Such a monetary system is the basis of a true free-market economy.

Duration : 0:10:52


[youtube JtBfgGR489M]

11 Responses

  1. DeadSilence2009 Says:

    only 5 thousand …
    only 5 thousand views?? should be more..

  2. KB1869 Says:

    There is 7 of them …
    There is 7 of them each with a 14 year term. A new member is appointed every 2 years (think of how 1/3 of the Senate is elected every 2 years, but each Senator has a 6 year term). This means that even if a president were to be elected twice (8 years) he would only be able to replace 4 Fed Reserve board members. This would be a majority, but the Congress has to approve the appointments and they may not like the presidents choices. With our corrupt government the Fed Reserve will never be stopped.

  3. melnick1985 Says:

    This documentary is …
    This documentary is ing incredibly well done, good job.

  4. blaziermissy Says:

    Are Federal Reserve …
    Are Federal Reserve Board members APPOINTED BY OUR PRESIDENT? My history books says they are. Can anyone elaborate on that?

  5. rosewood223 Says:

    i dun believe in …
    i dun believe in conspiracy theorists

    yezhou.

  6. Charlotte333 Says:

    Mega corporations …
    Mega corporations are equal in stature to “natural person” according to US law.However, unlike a natural person, they are able to avoid accountability, liability and have ability to morph into different forms at will, evading detection and perception anywhere in the world.These mega corps have built many valuable systems and structures for modern man, however, if modern man is to survive and progress further, the mega corp, the sovereign wealth funds, must be modified. Occult World of Commerce.

  7. sabrinaworcester1 Says:

    Thanks for these …
    Thanks for these vids. Take care

  8. bluenote71 Says:

    If chattel slavery …
    If chattel slavery ended, than this form of slavery will end, too – guarantied.

  9. BMWizardofOz Says:

    some interesting …
    some interesting informations, but it would be easier to listen to them, if the background sound wouldn´t be as loud and aggressive.

  10. blookup Says:

    Corporations are …
    Corporations are the cause of ALL evil..
    However, America is a corporation & an American citizen is a product of that corporation. So you better get a job and make some money to pay your taxes.
    Americans are actually legally owned by the city state of london. The owners of the fed.>)

  11. kmarkymark Says:

    at 18 seconds, he …
    at 18 seconds, he is talking about corporations!,
    is this RP fundamentalists

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