(25) Under the current Federal Reserve System, the persons responsible for the conduct of United States monetary policy have been unaccountable to the Congress and the Nation, have resisted auditing by the General Accounting Office, and have claimed exemptions from some Federal statutes, including the Civil Rights Act of 1964, that apply to all agencies of the Federal Government.
(26) The conduct of United States monetary policy by the Board of Governors of the Federal Reserve System, and specifically the failure of Board members to safeguard the financial system against wholesale fraud and abuse of citizens, demonstrates the risks of maintaining a system wherein the power to create and regulate money has been delegated to private individuals who are unaccountable to the People of the United States in any way, even through their representatives in Congress.
(29) As our money system is a key pillar in maintaining general economic welfare and as the Federal Reserve System and its private banking partners has consistently failed to promote or preserve the general welfare, it is essential that Congress, in the name of protecting the economic lives of the American people and the long-term security of our Nation, reassume the powers and responsibilities granted to it by the Constitution.
Hear! Hear! All freedom-loving Americans would chant. This legislation should be studied and supported for the redemption it offers to us all, especially the poor and the down-trodden.
Not only Americans, but the entire world should sit up and take note of Dennis Kucinich's revolutionary Bill. Citizens in other countries should download copies for their own political representatives and agitate for reform in their own countries. This Bill, if enacted, has the capability of creating widespread prosperity, peace, and goodwill.
Here in Ireland we are in the middle of a General Election campaign where there is much debate and controversy about banking fraud, the collapse of the economy, and the involvement of EU/IMF predators who are intent on eating us alive. Not one of our so-called future leaders of the State has presented us with an intelligent, effective alternative to the banksters' grip of death.
And the mainstream media, with all its political debates, opinions, op-eds, and pontificating economics gurus, has not offered a single original or radical idea. Why not? Are they all so lacking in intelligence and innovation? Are they all so hopelessly under-informed about the history of banking and economics? Or do they all belong to the banksters, body and soul, and have been charged with keeping revolutionary new ideas out of the public domain?
Ireland sorely needs a Dennis Kucinich, or a single politician of integrity who will run with his baton. Is it possible to find such a creature among our gaggle of chancers and deadbeats? We'd better not hold our breath.
Nonetheless, let's all hope that Congressman Kucinich prevails with this Bill and that it will not be defeated or emasculated by those in the pay or the influence of the Money Power.
With the enactment of Bill H.R. 6550 the world may not become a Utopia overnight, but it will certainly move us a lot closer to the joyous abundance of the Garden of Eden since the day Adam and Eve got the boot.