RR-13 - Audit the Fed Tested, Tea Parties Brewing, Ron Paul Capping, Jesse Jackson Questioned »
Posted By onlyonesecret 4 months, 3 weeks ago in Political NewsRon Paul weighs in on Cap and Trade, Jesse Jackson shows up, provides an update on the Sponsor a patriot program and the top story about the first attempted blockage of Audit the Fed in the Senate.
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fempatriot4 months, 2 weeks ago
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I'm really surprised that Americans are not up in arms over the knowledge that the Federal Reserve Bank is never audited. This entity is 12 foreign banks, all of which do not have the best interests of the USA at heart, who refuse to give an accounting of what they do with OUR money. They are not a government entity; they are civilian banks--any other bank would have to provide an audit every year in order to stay in business. They provide us with nothing, really. They regulate our economy by raising and lowering the interest rate. When was the last time your bank money made you any real interest? Mine has gone down to as little as 1/2 cent on the dollar. 1/2 per cent! The Federal Reserve does what the Constitution says our government is supposed to do: coin money. The Fed prints worthless paper money with nothing to back it up but FAITH (IN WHAT?) and SELLS IT BACK TO OUR GOVERNMENT. So what with the Fed keeping interest rates so low as to make it useless to save, printing worthless money backed by nothing, and now having run our economy into the ground by allowing banks to gamble with derivatives and mortgage loans to people who could not really afford to buy a home--we're screwed. By the way, that GOLD in Fort Knox belongs to the Federal Reserve--not the American people or the US treasury, and yet it is guarded by US soldiers. Wake up, people. Demand that the Fed give an accounting of what the H it is doing behind closed doors. (We need to dissolve the Fed and let those 12 banks take their knocks just like the rest of us.
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