Saturday, August 21, 2010

No audit of Institution that controls money supply, thus your economic life

The Federal Reserve was created in 1913. and operates without sufficient scrutiny or oversight. Ron Paul and some others had sought an audit of the Federal Reserve to no avail. A Democrat Congress and President have blocked any attempt to have transparency. Since its creation the Fed has presided over the near-complete destruction of the United States dollar losing 95% of its value. Thomas Jefferson said a central bank is more dangerous than a standing army. At least in Poland there is less secrecy regarding operations of their central bank. Andrew Jackson actually did away with the American central bank of his era. Monetary policies controlled by a central banking system can cause worse problems than oppressive laws passed by legislation. We have a just passed Financial Reform Bill of 2,000 + pages, but Democrat majority killed any chance of making the Federal Reserve accountable to the people.

Teddy Roosevelt said, "We are the government, you and I."  If this were true today, we would have open, honest accounting from the federal banking system.

A silver quarter could buy a gallon of gasoline in 1955. A silver quarter would buy a gallon of gasoline today.


Before 1964 the dollar was a silver certificate not a worthless bank note.

My złoty is increasing in value. What's in your piggy bank?

Idioci w naszym rządzie. Idź do piekło. Jesteś zabicie tego kraju.

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