Forum Post: Robert Gibbs confronted on #ows and the Federal Reserve. Obama is not on our side, and we need to End the Fed
Posted 12 years ago on Nov. 7, 2011, 11:11 a.m. EST by saadali765
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The U.S. Constitution says that the federal government is the one that should be issuing our money.
In particular, according to Article I, Section 8 of the U.S. Constitution, it is the U.S. Congress that has been given the responsibility to “coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”.
It's true. Hidden in plain sight. Rhetorical question: how has the supreme court NOT ruled that the Fed is unconstitutional?
The Bank of England is supposed to be wholly government-owned http://www.bankofengland.co.uk/publications/foi/disc091106.htm
However if you were to look at the amounts in the financial statement, it would seem one were reading the accounts of a small town Credit Union or those of a Banana Republic
Hence while nationalizing is necessary it is not sufficient, the audit must be open to its citizens. "Smokescreens" such as National Security etc cannot be used any more. The people need to know where their money is being spent.
On the issue of campaign funds, the politicians are puppets on a string, the money goes into the campaign and back into the media and the campaign financiers.
the audit must be open to its citizens. "Smokescreens" such as National Security etc cannot be used any more. The people need to know where their money is being spent. - very true !
The debt-based monetary system established by the Federal Reserve has greatly enriched the big banks and the people that own them. This has been at the expense of the American people.
One of the most important steps that we could take to bring prosperity back to America would be to nationalize the Federal Reserve. Doing so would allow the federal government to quit borrowing money, dramatically reduce taxes and eventually pay off the entire U.S. national debt. Instead of inheriting the largest debt in the history of the world, future generations would actually have a chance at economic prosperity because they would not be forced to pay off the horrific debt of previous generations. The Federal Reserve is a perpetual debt machine, it has almost completely destroyed the value of the U.S. dollar and it has an absolutely nightmarish track record of incompetence. There are no good reasons to keep the status quo. Our current debt-based monetary system will inevitably lead to a complete and total economic collapse. We desperately need to make a change while we still can.
Right now, most Americans believe that the Federal Reserve is actually an agency of the federal government. But that is simply not the case. The truth is that the Federal Reserve is about as “federal” as Federal Express is.
The Federal Reserve openly admits as much. For example, in defending itself against a Bloomberg request for information under the Freedom of Information Act, the Federal Reserve stated in court that it was “not an agency” of the U.S. government and therefore not subject to the Freedom of Information Act.
http://theeconomiccollapseblog.com/archives/14-reasons-why-we-should-nationalize-the-federal-reserve
The Bank of England is supposed to be wholly government owned http://www.bankofengland.co.uk/publications/foi/disc091106.htm
However if you were to look at the amounts in the financial statement, it would seem one were reading the accounts of a small town Credit Union or those of a Banana Republic
Hence while nationalizing is necessary it is not sufficient, the audit must be open to its citizens. "Smokescreens" such as National Security etc cannot be used any more. The people need to know where their money is being spent.
On the issue of campaign funds, the politicians are puppets on a string, the money goes into the campaign and back into the media and the campaign financiers.
I agree completely. What do you think about what Robert Gibbs said at the end of that video, "Don't comment of the Federal Reserve"
That does NOT surprise me in the least.
What do you think???