December 20, 2013
Members of Congress:
In a December 19, 2013, letter to The Honorable John A. Boehner and other Members of the 113th Congress, Jacob Lew, Treasury Secretary, is quoted, "In this (bipartisan) spirit, I am writing to urge Congress to take prompt action to protect the full faith and credit of the United States by extending the nation's borrowing authority. It is incumbent on Congress to allow Treasury to finance the spending levels established in the budget agreement as well as the commitments previously approved by Congress."
Members of the 113th Congress, Leaders of our Country: I urge you to take prompt action to protect the full faith and credit of the people of the United States by issuing the money rather than increase the unsustainable, mathematically impossible to pay, usurious, toxic, borrowed money from the private, shareholder-owned, non-transparent Federal Reserve.
Notice in the letter that Treasury Secretary is stating on record that he would like Congress to protect the United States, not the people of the United States. We the people have elected you to secure our prosperity not hinder it.
Issued currency would be of service to
the people rather than the people being a slave (stuck with the never-ending payment
of the interest) to the borrowed Federal Reserve Note that carries an impossible-to-pay-back usurious feature called interest.
In the words of Abraham Lincoln: "The Government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is in the Government's greatest creative opportunity. By the adoption of these principles the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity."
On May 23,
1933, Congressman Louis T. McFadden brought formal charges against the Board of Governors of the Federal Reserve
Bank system, the Comptroller of the Currency, and the Secretary of United States
Treasury for numerous criminal acts, including but not limited to conspiracy,
fraud, unlawful conversion, and treason. The petition for Articles of
Impeachment was thereafter referred to the Judiciary Committee and has yet to
be acted on.
Congressman McFadden's Speech
On the Federal Reserve Corporation
from several speeches made on the Floor of the House of Representatives by the
Honorable Louis T. McFadden of Pennsylvania. Mr. McFadden, due to his having
served as Chairman of the Banking and Currency Committee for more than 10
years, was the best-posted man on these matters in America and was in a
position to speak with authority of the vast ramifications of this gigantic
private credit monopoly. As Representative of a State that was among the first
to declare its freedom from foreign-money tyrants it is fitting that
Pennsylvania, the cradle of liberty, be again given the credit for producing a
son that was not afraid to hurl defiance in the face of the money-bund. Whereas
Mr. McFadden was elected to the high office on both the Democratic and
Republican tickets, there can be no accusation of partisanship lodged against
him. Because these speeches are set out in full in the Congressional Record,
they carry weight that no amount of condemnation on the part of private
individuals could hope to carry.
The Federal Reserve -- A Corrupt Institution
"Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the government of these United States and the people of the United States out of enough money to pay the nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the national debt several times over.