15 recs Audit, Then End The Fed...
Kudos to Shelia Bair for standing up and speaking out against expanding the powers of the privately owned Federal Reserve in her NY Times piece today.
nytimes.com
But, the WSJ couldn't let that pass, so it ran a negative piece on Bair (including an unflattering photo) on the coming FDIC crisis (which is no fault of Bair's).
nytimes.com
And to no one's surprise, the G-20 is marching in lockstep to fulfill John Maynard Keynes dream of elevating the IMF to the position it was created for, to bring all central banks under homogenous global governance, and IMF control.
The G-20 in fact, acquiesced to this back in the March meeting, and it's just a matter of individual nations selling it to their citizenry.
telegraph.co.uk
"At the same time, politicians from the G20 countries are planning to coordinate an approach over the next month to redesign financial regulatory architecture in the wake of the credit crisis.
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So what happens if Shelia Bear, Ron Paul, and America wins the fight against a final Fed coup d'état ?
Well, here's a video from Turbo Tax-Tim Geithner, singing the same song the bankster-gangsters have been singing since 1913... "if you don't have a privately owned, unaudited, secret, and independent Federal Reserve, then Congress would surely fall to the political pressure from the electorate and continually inflate the money supply and destroy the US Dollar."
online.wsj.com
As opposed to the independent Fed doing this...
See larger chart at link below. [thanks Bruce R.]
mises.org
And not surprisingly, Geithner echoed Ben Bernanke's earlier threats on what would happen if Ron Paul's HR 1207 is passed and the Fed is audited...
"If you audit the Fed, bad things will happen."
As opposed to - if you don't audit the Fed, worse things will happen?
I don't know about you, but I'm ready to call the Fed's bluff, and not only audit them, but end them. And while were at it, end debt based Federal Reserve Notes, and do what JFK started to do... issue U.S. Treasury Notes.
We've seen what a debt based fiat system in the hands of private bankers does... $90 trillion in debts and unfunded liabilities, a US Dollar now worth .08 cents, a broken banking system, and a bankrupt nation - looted to the tune of $23.7 trillion dollars using TARP Inspector General Neil Barofsky's numbers.
abcnews.go.com
We were warned what would happen to America if we ever let allowed our money to be issued by a private central bank.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-- Thomas Jefferson
And it wasn't just the opponents of a privately owned central bank that warned us, it was the proponents as well...
"Permit me to issue and control the money of the nation and I care not who makes its laws."
-- Mayer Amschel Rothchild
Throughout the history of mankind, they've had a name for it, when children are born into debt bondage.
It's called SLAVERY.
Today every newborn child in America inherits a debt of $191,922 owed to the private bankers [see bottom of debt clock chart at link below].
usdebtclock.org
And of course that interest acruing debt, just like a mortgage, results in a tripling of that principle amount being paid back over that childs lifetime.
Debt based money is, was, and will always be a form of slavery.
And it's always when, not if... it will bankrupt both a nation, and it's people.
It's a simple mathematical formula that the private central banks have always understood.
When will we?
SOTB
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