Posted 8 years ago on Oct. 20, 2011, 2:52 a.m. EST by tunitcommander
from Cherry Hill, NJ
This content is user submitted and not an official statement
How many of you believe that the FEDERAL Reserve is run by the government? Well, it is not. The Federal Reserve is a PRIVATE central bank that prints money out of thin air and loans it to banks on WALL STREET or overseas. In a partial audit of the Federal Reserve, pushed for by Congressman Ron Paul, it was found that $2 TRILLION dollars had been sent overseas to bail out banks in Europe. Now you ask why prices have been going up for almost everything - gas, food, services, and especially gold. The answer is because your money is worth LESS because the Federal Reserve keeps printing it out of thin air. The more money they print, the less your individual dollars are worth. Money is not backed by gold as it used to be, it is backed by nothing. The US Dollar (USD) is the World Reserve Standard of Currency. Deals and purchases with almost all nations are made with the USD. There have been recent talks between nations of getting rid of the USD as the World Standard due to the Federal Reserve's endless printing of the money. If this happens, it will surely put the US into an even deeper hole that it will not be able to climb out of, a disaster. Did you know that the foreign wars cost roughly $30 Million dollars PER HOUR to fund? Where does this money come from? You guessed it, the Federal Reserve. Who funds and bails out the big banks on Wall Street? The Federal Reserve. Who buys and pays for almost every presidential candidate aside from a few (Ron Paul comes to mind)? The Federal Reserve. Ladies and gentlemen, I have now presented to you the root of the problem, and I would encourage you to recognize this problem at it's source, the Federal Reserve. With this corrupt PRIVATE central bank either eliminated or highly restricted, it will cause a domino effect that will be echoed in Wall Street, Washington, and worldwide!