Posted on 06/18/2007 7:12:19 PM PDT by BlackJack
H.R. 2755: To abolish the Board of Governors of the Federal Reserve System and the Federal reserve...
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
(Excerpt) Read more at govtrack.us ...
The Federal reserve is a private bank.
As Ben Franklin stated the reason for the American Revolution had
nothing to do with a stamp tax. In 1765 the Bank of England had
Parliament pass a Bill to outlaw the colonies from creating their
own currency. The booming colonial economies went into a
depression because BOE did not send enough minted British
controlled currency to facilitate the buying and selling of goods.
After 10 years of depression the colonies exploded in revolt
becuase the only way we could get prosperity back was to
break from UK and get independence ...so we could control
our economic destiny.
Its all about money. Money is power.
The power to create money is the most important power in the
modern world. Private central bankers run the world.
They foment wars because war is not just big business, its the
biggest business there is. Governments go deep into debt to
fight wars.
When the civil war started Lincoln needed a lot of
money fast. London bankers offered him all the money he needed
at an interest rate of 30%! Lincoln refused to put the US in hock
to European bankers. he had treasury print greenbacks...thats
where the term comes from. We had no debt to pay off after
the civil war.
Get back on your meds mkjessup!
This as I understand it would have taken the creation of money and the benefits that accrue to the money printers out of the hands of the private Federal Reserve and back into the hands of Congress. Both were assassinated shortly thereafter.
I’d certainly vote for abolishing the Federal Reserve Bank. Most Americans think that it is an agency of the government. In fact, the Fed is owned by private bankers, such as Rockefeller, Morgan, Rothschild, etc. They get a guaranteed 6% profit on all government bond sales. Many countries have eliminated private ownership of their central banks, and we should too.
It’s too bad that it takes Ron Paul to have the balls to take on this issue...
“Right, because, I mean, we need a federal agency to set the price of money. That jives really well with the rest of our “conservative” beliefs.”
God forbid we let the market set interest rates?
I guess we know what you are now.
One doesn’t have to agree with all his positions (I surely don’t) to understand that he is a decent man.
>>>They foment wars because war is not just big business, its the biggest business there is. Governments go deep into debt to fight wars.
http://www.ibmandtheholocaust.com/BadArolsenArticles.php
Excerpt:
...but also how big corporations, insurance companies profited. What’s more, the evidence of IBM’s involvement in the day to day victimization of Europe is only further magnified with thousands of new documents.
No you don't. I don't think Paul is a decent man. I have watched him for years and frankly, I can't stand the fool. Any idiot can vote no on every bill.
Ah, ok. Really was a threat then. If I remember correctly, Jackson beat the would-be assassin with his cane. Never been to sure about the Federal Reserve. Definitely don’t think it’s in the same league as the second US Bank, in terms of sheer villainy. Either much less, or much more.
The national bank at the time of Jefferson and Jackson was a completely different animal than it is today. The system works pretty well as it is. Don’t fix what isn’t broken.
Wipe your chin
A most excellent post! I hope that many will read it but I doubt they will.
Great quotes Bachert. Here is another one from jefferson:
If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be.
Then get some help.
The House Jester. His popularity simply demonstrates how ignorant most Americans are. The same morons who loved Perot are licking this nonsense up.
Come on, it only matters is you post pointless Duncan Hunter tomes from 20 years ago.
As for those Founding Fathers - they have no clue about all our modern problems. /s
However it takes a truly intelligent individual to vote for pork project after pork project huh?
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