"'The president believes there is not a better way to prevent and manage a future crisis without putting the authority in one place...'"
Again, we see President Obama, Larry Summers, Timothy Geithner (himself the most-recent New York Fed Chairman) and the press, obscuring the true nature of the Federal Reserve, and to the detriment of truth and fairness. By now it should be obvious as to why.
And so their new proposal 'seems,' on face value, to make fair and stable sense to poor and middle-class families, to people like you and me; regular sorts with no real stakes in the game. And without knowing the nature of their deception, we can then easily "believe" (as Obama claims to "believe") that centralizing authority in this one "governmental institution" will provide the sound stability we need.
But because we now know what the Fed truly is, where it's coming from, and what it wants, we see that Obama's restructuring plan as nothing less than economic tyranny, handing over dictatorial economic authority to a handful of the world's most powerful banks.
As former Illinois Senator (and current president) Barack Obama is fond of quoting President Lincoln, allow me to provide a Lincoln quote of my own, this one written in November of 1864, only a few short months before his assassination:
"The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy."
I sure do wish President Obama wasn't so selective with his Lincoln quotes.
Conclusions and Solutions
Although what I have offered is only a broad overview of how the Federal Reserve System works, I can assure you (and you can find this out for yourself) that nowhere--not in any newspaper, not on any television program--will the producers provide the type of information I have just offered.
Whatever the reason (and I have numerous speculations), we are largely without responsible journalism here. And so we must then work extra dilligently to figure out this truth for ourselves.
In this spirit, allow me to make some observations with regard to Obama's proposal:
- As the Federal Reserve System is already a monstrous tyranny, creating a world where real power has been unfairly built with fictional instruments;
- And as any sane stance toward the Fed would set about abolishing the institution, including each of the fraudulent practices that now provide it power: specifically, the fractional reserve system, and debt-based money;
- And as our current income tax and spending debate should not be how broad (or how limited) our government services should be, but what nonesense we spend our taxes on:
- Then passing this proposal to give the Fed more authority is merely providing this private banking concern with more direct control over each of our lives. As it will further monopolize national and international market competition, which will cheapen the value of all goods and services; as it will exercise even greater control over both labor conditions and wages; as it will provide a greater impetus for more bold (and needless) government spending projects; as it will ensure the federal government will become an even more 'captured market' for unnecessary spending; and as it will ultimately provide more war, more lies, more needless suffering:
- Then sanity suggests that we absolutely cannot allow this to happen.
Let me re-emphasize that the only reason the Fed can do this is by capitalizing upon (and promoting) public ignorance, as the legal framework they operate in must be manipulated in full public view. In other words, for the Fed to enlarge its share of control, it must either sell this flimsy argument before the public, or hope the public doesn't notice. It will do both.
Arguments can be sold in many ways. As we saw last September (and as we see nearly all the time), a helpful element in selling legislation, especially unfair legislation, is fear--fear generated by catastrophic events we imagine to be outside of our control. The government always poses as the savior to the problem they somehow couldn't prevent. Remember that as this proposal moves forward.
And if the economy starts imploding once again, and once again our national leaders start selling greater Fed authority as a response to this "uncontrolled" economic chaos (which may happen), remember that our fears can be only be conquered through converting our gullibility, our impressionability and our ignorance into empowerment. Only then can we make some sense of this state-sponsored "chaos" to make better, more educated choices.
That way if we decide to "let go," or to look away, we do so on our terms, not theirs.
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