Trump Redeeming America from the Sins of the Fed

American Thinker.com ^ | November 2, 2019 | Paul Dowling

[Kaslin]

"You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin!" —President Jackson, explaining his unwillingness to allow the Second Bank of the United States to continue, in a quote that could easily describe President Trump's mindset with respect to today's Federal Reserve

Big-League Betrayal: Assisted by President Wilson, a Banking Cartel Ascends to Power

In 1913, President Wilson signed the Federal Reserve Act, effectively resurrecting the Second Bank of the United States abolished by President Jackson, once again giving a banking cartel power to make or break the economy as well as to bribe officeholders. Wilson's realization of the extent of the reinstituted corruption prompted him to lament, "I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men."

[American in Israel]

Wow, they will kill Trump if he trys this. This is who does Hillers cleanup on isle six.

[Parmy]

"The Creature from Jekkel Island" By Edward G. Griffin.

A must read outlining why the Federal Reserve was created.

[Kaslin]

It’s tries, not trys

[Don Corleone]

Big-League Betrayal: Assisted by President Wilson, a Banking Cartel Ascends to Power

Woody was one of the first big league Socialistas to get elected. His trail of destruction is still visible.

[EvilCapitalist]

aisle.

[Agamemnon]

I had/have been a fan of gold/silver backed currency, until I realized that to convert the US to a gold standard without the US being major holder of global gold reserves would make the US subject to the whims of the greater holders of gold stocks throughout the world.

It's like oil -- another commodity like gold -- the US now holds thanks to Trump the power position in energy stores globally and can -- if it wants to -- allow American energy independence to rule its future productivity and trade relationships (i.e., making Europe dependent upon the US for gas and oil, like in the pre-WWII era, rather than Russia and the Middle East.)

America needs to be in as powerful a position with respect to gold stocks before a conversion to a gold-backed dollar is possible. Otherwise, it will be just like it was when Saudi Arabia held sway over the entire US economy as demonstrated by the oil stoppages in 1973 and 1977 that led to severe US market contractions and loss of US prestige globally.

FReegards!