Tag(s): ; ; ; ; ; ; ; ; , Add Tags
Add to My Group

View Ratings | Rate It

Permalink
View Article Stats      (1 comment)

Federal Reserve: OUR Turn for One Hundred Years

Add this Page to Facebook!
Submit to Twitter
Submit to Reddit
Submit to Stumble Upon

Tell A Friend
Become a Fan
Get Embed HTML Code
By (about the author)      
Become a Fan Become a Fan  (1 fan)

opednews.com

A Personal Observation

::::::::

I could be all wrong about this but this is how I feel.

About a hundred years ago a group of men bribed the Federal Reserve into existence. I believe they were the type of men that don't play fair.

Remember as a child how you would come across other children that would want you to be business partners with them. Some were the type that had these special formulas that would make every cost the new business would incur, yours. They also had formulas that would make every bit of the money coming in, theirs.

I think our country was taken by just such a group of men when the Federal Reserve was formed.

I think our tax dollars went into building every one of the Federal Reserve Bank buildings located around the country. I think it was our gold that was the foundation that the first Federal Reserve Notes were printed against. I think we paid for the presses and I think we paid for the ink. I think we have been paying for the labor and maintenance for nearly one hundred years.

I too have a formula. I think it is time for the people that have been footing the bills to take a turn collecting the interest.

If the Federal Reserve is looked at like our personal credit cards, except it is used at times by our government to borrow to finance projects, consider this.

If all of our national debt was drawn against our Federal Reserve, then on a debt of 7,000,000,000,000 at a 4% interest rate we would pay the Federal Reserve, in a year, 280,000,000,000.

If you divide that by about 280,000,000 "We the People's" each person would end up with about a 1000 dollars a year to do with as they wished.

Actually things are more complicated than that but most of the complications I see presented seem to be presented to muddy the issue.

The laws of Eminent Domain are a double-edged sword. Not only can they take property for the public use from the little guy, they can also be used to restore them to their rightful heirs.

 

A concerned citizen.

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

Add this Page to Facebook!      Submit to Stumble Upon      Submit to Reddit      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Blink List     (More...)

Comments

The time limit for entering new comments on this diary has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Reply to KG by Carson Dugal on Monday, Dec 24, 2007 at 5:31:57 PM