Demand Transparency! Audit The Federal Reserve!
Most people do not know that the United States Federal Reserve is a private corporation and NOT a part of the United States federal government. This corporation currently prints and loans the government its own money and charges interest. All of our Federal Income Tax currently goes to pay the interest accrued on this debt (see our post titled “You Don’t Have To Pay Income Tax Anymore.”)
Since the removal of the gold standard, the only thing that gives the U.S. Dollar value is how much of it is in circulation. This is controlled exclusively by the Federal Reserve, which could be why the U.S. Dollar has devalued over 95% since the inception of the Fed. in 1913. Many people know that the Chairman of the Board of Governors is chosen by the current U.S. President, however, fewer people know that it is from a list hand-picked by the Board itself. What illusion of choice is that?
If there is one five minute video that illuminates the problem with how business is being done at the Federal Reserve it is THIS ONE. The clip is of Congressman Alan Grayson interviewing the Federal Reserve Inspector General, asking about trillions, that’s right, trillions with a “T”, of missing, or unaccountable money either lent or spent by the Federal Reserve itself.
The Inspector does not have any answers, nor does it appear that anyone is investigating these missing trillions either. Congress has also not been given a full disclosure of where all the bailout money has gone. Without knowledge of where the money went, how can they determine the effectiveness of the bailout? It’s time we demand to know where our hard-earned money has gone.
When we talk about trillions of dollars missing, we are talking about all of the money for health care, the wars, the bailouts, medicare, and social security combined. This issue trumps all others from a purely financial standpoint, and it is time we move it to the front of the queue.
It’s time to take action. What can you do? Go to http://www.auditthefed.com and sign the petition demanding a full audit of the Federal Reserve. You can also contact your Congressman and tell them to support HR 1207, and Senators to support S 604. If they have already co-sponsored the Audit the Fed bill, urge them to seek a roll call vote.
Join the Audit the Fed Mass Action Event this Tuesday September 15th, 2009 . For more information, check out the Restore the Republic website and Campaign for Liberty website to find out information about local rallies.
No amount of money printed on loan from a private corporation can fix these problems. Demand transparency now and tell your representatives in congress that you want our government to print our money. Let us end this cycle of debt. This is an important matter regardless of your political beliefs or affiliations. Please take action now and help spread the word!
Thanks to Neal for sharing via Facebook!
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Posted on 09/10/2009 11:19 am