Federal Reserve
Posted Sunday, May 23, 2010 02:20 AM

With the current economic crisis going on I thought it might be a good idea to voice my point of view as to what is going on in the world.

I remember when I was a young boy I used to visit my grandparents in Missouri every summer. My Grandfather would always take my brothers and myself to the bank and get us real silver dollars. He told us that our generation was going to go through a harder time than his. I was too young at the time to have any idea as to what he was talking about but I never forgot what he said because I knew it was important and those silver dollars impressed me!

 
When I was in High School I was vey much aware that our government was corrupt, but I was still naïve as to what was really going on. Most people have no idea the Federal Reserve is a private corporation and is no more Federal than Federal Express. There are a lot of good documentaries on line about the Fed. Just go to google and click on videos and type in Federal Reserve.
 
We are no way out of this economic mess and everything the government is doing is only making it worse. It’s the International Bankers that run Washington, not the other way around.
 
Up until 1932 you could walk into a bank and give them a twenty dollar bill and you could get a twenty dollar gold piece. Well, the first thing FDR did was call in all the gold. He said something like the country faces a great crisis so we have to pool all our resources to get out of this. If you didn’t turn in you gold you could get ten years in prison, a ten thousand dollar fine, or both. Now, the bizarre thing about that is, to this day the Constitution says that nothing but gold and silver shall be legal tender in payment of debts. In 1936, Fort Knox was built to store all the gold in. Fort Knox hasn’t been audited since the mid-1970’s. Nobody knows how much or if any gold is in there. Some say the Federal Reserve has taken it as collateral on all the debt we owe them.
 
In 1964, right after JFK was assassinated. LBJ took all the silver out of our money. What we have right now is a fiat currency. Backed by nothing but the promise of our government to pay. And since we are 13 trillion dollars in debt (actually much more than that) a lot of people don’t have a lot of trust in our governments ability to pay.
 
Did you know the Federal Reserve bought 80 percent of our bonds last year? The money we get from bonds is what we use to keep the party going. Not too many people want our bonds any more. Would you? Ron Paul is one of the few Politicians that knows what’s going on, or should I say is trying to do something about what is going on.
 
What’s going on in Greece right now is a just the beginning of a problem that every country has, which is too much debt. Eventually you will see the people in the streets here also. PeeWee, remember when we went into Chicago in the summer of 1968 and riots were about the break out? While the dollar is the reserve currency of the world that will soon change. The IMF is using SDR’s more and more and smart people are buying gold and silver more and more!
 
One of my favorite sites to read is THE INTERNATIONAL FORECASTER. Just google that and you will find it.
 
There is so much fraud and deception going on in Wall Street and Washington that it never ceases to amaze me that they continue to get away with it.

"All that is necessary for the triumph of evil is that good men do nothing."