Abolish the Fed: McFadden and the History of the Federal Reserve

The Gadfly ^ | The Gadfly

[The Conservative Yogini]

A great email sent to me today. Having trouble articulating to yourself or others as to why exactly the Fed should be abolished? Read and pass on this email to as many Americans as you can. People need to KNOW what the Fed has done and is doing to our country.

Attached is a transcript the Congressional Record of June 10, 1932 by Louis T. McFadden

Here is the original scanned doc of the same http://www.scribd.com/doc/16502353/Congressional-Record-June-10-1932-Louis-T-McFadden

Bear in mind that while this is McFadden’s testimony in congress, it is not him alone. He quotes several people in various offices who have insights as to the matter.

Controversy: As with ALL things, there is opposition. There are postings by critics who try and discredit McFadden. But from what I have read, they only pick on minor flaws, math mistakes, and other stupid things. I have not found any real discredit of the core information he presented. Quite the contrary; there are tons of other resources and the voice of multiple testimonies out there.

[Artemis Webb]

The Fed is not going to get abolished. The chances are zero. Even if the audit of the Fed goes through and it turns up disastrous information (and I believe it will) it will still only be “reformed” rather than abolished.

[wolfcreek]

McFadden was the Ron Paul of his time, only more vicious.

[wolfcreek]

http://www.modernhistoryproject.org/mhp/ArticleDisplay.php?Article=SecretsCh13&Entity=McFaddenLT#McFadden