The Federal Reserve is the ultimate example of how the notion of ‘democracy’ in this nation is disgustingly absurd. The Fed is a privately owned cartel central banking system. It enables runaway spending by Congress (think of the $9+ trillion in national debt), and said loans incur interest. But at the same the notion of congressional oversight is laughable at best. When the time to pick a new chairman comes around, the secretive Federal Reserve board selects the handful of men that the US President gets to choose from. That’s not choice, that’s coercion in the subtle sense.
Since its sucker-punch inception in 1913, the central planners have devalued the dollar down to roughly $0.04 (“inflation” actually means the devaluation of the dollar). It also serves as the engine of the American Imperialism perpetual war machine, which is currently devouring roughly $1 trillion per year. As a result, you can thank “the Fed” for the rest of societies woes such as poverty and the crime that spawns from it, the recent housing bubble, much of the current economic woes and criminal gas price gouging, and so on.
That’s all I have time to say about the issue here, but there’s plenty of other sites out there that deeply focus on the matter. Below I’ll repost a video from my old blog space with the original comments I posted with ot, and then list most of the films after that.
“End of Dollar Hegemony” by Congressman Ron Paul
Dollar Hegemony is not only the financial vehicle for American Imperialism, but it’s also a primary reason that we must maintain our stance as an imperial driven “superpower”.
The fact that we’re currently a “permanent war economy” should raise red flags, but it usually doesn’t occur to most people. This goes hand in hand with the American Empire concept that has to be the most overlooked truth about this nation by its inhabitants. Well it doesn’t stop with US being a “super” empire, nor with it being a “war economy” nor the fact that weapons are our primary export but it goes even deeper to the point that the financial system itself is imperialistic and requires control of other nations resources and economies to even survive. Because there isn’t any gold backing the Dollar (worthless), its survival depends on the entire world taking it in trade of valuable things and it is accepted for this worldwide for the most part. Furthermore, it’s even used as the primary currency, in many nations, despite it being worthless (a historical first / phenomenon).
Please allow Congressman Ron Paul (who may be running for US President on 2008) to teach you the full history and the potential catastrophic dangers of this unprecedented (broken) financial system, from the floor of Congress.
Here’s the transcript for those without broadband.
Money As Debt
Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its “Duncan Initiative” received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.
America: Freedom to Fascism
America: Freedom to Fascism is a compelling and troubling account of how the wealth of our nation was silently passed from its citizens to a handful of powerful bankers in 1913. That’s the year the Federal Reserve Act and the 16th Amendment were introduced, giving a privately held corporation the means to control our finances while ensuring its interest payments through the strong arms of the newly-formed Internal Revenue Service. Ever since then, Russo suggests, Americans have been gradually conditioned to accept fewer freedoms and a lower standard of living… all the while considering debt and servitude as distinctly American values.
Russo’s first and most cogent point is simple: Americans are not required to pay a federal income tax. That’s a bold statement to make, as few people believe that such a fraud could be perpetrated for so long. My father, himself an accountant, insists that the income tax is a very real thing. Russo takes that same belief to IRS employees and simply asks them to cite where it says an unapportioned income tax is required of us all. Guess what? They can’t. In a telling segment Sheldon Cohen, former commissioner of the IRS, goes so far as to reject Supreme Court rulings and the Constitution as benchmarks over what is legal with regards to taxation. Russo also interviews members of the tax honesty movement as well as disenfranchised IRS agents who agree that no law on the books conjures up a requirement to send the government part of one’s hard-earned paycheck. Russo then showcases court cases where those accused of tax evasion have won precisely because the prosecution cannot provide evidence of a legal federal income tax law.
It’s shocking to have it hammered into your head over and over that you’ve thrown your money away for nothing, but repetition is good; it helps knock loose the deeply entrenched belief that we owe a portion of our livelihood to our government.
Find out why some feel the Federal Reserve’s practices are a violation of the U.S. Constitution and others feel it’s simply “a bunch of organized crooks.” Discover why experts agree the Fed is a banking cartel that benefits mainly bankers and their corporate clients as well as a Congress that would rather increase the National Debt to $9 trillion than raise taxes. Find out how the corporate media facilitates the partnership between the Fed and Congress and why it fails to disclose what’s going on. Lastly, find out how the Federal Reserve Member Banks are owned and controlled by an elite group of insiders.
Reality of America: A History of Money Changers & The Federal Reserve
“Reality of America” details the history of money changers and international bankers… starting from the Romans’ use of money all the way to today’s international banking system and most of all, the FEDERAL RESERVE.
Michael Badnarik on the Federal Reserve System
Money, Banking and the Federal Reserve
Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.
Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary new film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.
Alan Greenspan is not, we’re told, happy about this 42-minute blockbuster. Watch it, and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.
The Federal Reserve, or the Fed as it is lovingly called, may be one of the most mysterious entities in modern American government. Created during Wilson’s presidency to protect the economy in times of financial turmoil, its real business remains to be discovered. During the Wilson presidency, the U.S. government sanctions the creation of the Federal Reserve. Thought by many to be a government organization maintained to provide financial accountability in the event of a domestic depression, the actual business of the Fed is shrouded in secrecy. Many Americans will be shocked to discover that the principle business of the Fed is to print money from nothing, lend it to the U.S. government and charge interest on these loans. Who keeps the interest? Good question. Find out as the connective tissue between this and other top-secret international organizations is explored and exposed.
The Money Masters
The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole…Their secret is that they have annexed from governments, monarchies, and republics the power to create the world’s money…” THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned “central” bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers.
Creature From Jekyll Island
By G Edward Griffin. Where does money come from? Where does it go? Who makes it? The money magician’s secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You’ll be hooked in five minutes. It sounds like a detective story, which it really is, but it’s all true. Based on Mr. Griffin’s book of the same title, this address will shatter your old ideas about money and change the way you view the world.
The Founding of The Federal Reserve
Murray N. Rothbard presented this lecture in 1984 at the Mises Institute Seminar on Money and Government, in Houston, Texas.