Wednesday, January 13, 2010

America, Have You Had Enough of the Fed?

My Fellow Americans,

I don't know about you, but I'm fed up with the Fed.  Yesterday, it was reported on various news outlets that the Federal Reserve Bank of the United States made a $46.1 billion profit in 2009.  If you recall, that's more than Exxon Mobil's profit from 2008.

I just don't understand how, during one of the worst recessions in this country's history, how this entity gets away with making billions of dollars off of YOU!  They didn't exactly need a bailout, did they?

Will the government use the money the Fed turns over to aid their programs (i.e. health care) or reduce the nation's debt -- instead of taking more out of our pockets through taxes and bank fees? 

President Obama is set to make a major announcement Thursday, Jan. 14 regarding fees on transactions carried out by banks.  Will those fees be passed onto us?  You bet.

Haven't we had enough, America?

It was the great Henry Ford who said: "It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Let this not be the case any longer. 

Every day, America, you are becoming more in tune with the values and beliefs that made this country the last great hope for the human race.  Every day, you are re-learning truths about yourselves -- truths about how great this nation of ours really is.  Don't stop with the Founding Fathers.  Don't stop with the Constitution.  Learn about how money works.  Learn about what the Fed does and how it manipulates the dollar. 

Learn about how recessions and depressions are created -- and don't be naive...don't think for a second they aren't created.

Henry Ford knew the passion of the American people.  He knew what they were capable of.  And if they got wind of what the Fed really was, what it did, and how it played games with their hard-earned money, Ford knew "We The People" would NOT tolerate such abuse of trust and power.

Thomas Jefferson once said: "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs."

Let that power be given to the people once again.


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