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the fed - out of control - end the federal reserve audit the fed
Bookmarked 725 weeks ago add me as a friend on facebookhttp:wwwfacebookcomharrycget daily growby10 updates on twitterhttp:twittercomgrowby10the federal reserve is one of the most powerful and secretive institutions in washington long considered beyond the reach of lawmakers but now as details emerge of how the fed secretly doled out more than a trillion dollars during the financial crisis a rare bipartisan movement in congress demands that the fed be held accountableron paul:before the us house of representatives february 4 2009 introducing the the federal reserve board abolition act hr 833madame speaker i rise to introduce legislation to restore financial stability to america039s economy by abolishing the federal reserve since the creation of the federal reserve middle and working-class americans have been victimized by a boom-and-bust monetary policy in addition most americans have suffered a steadily eroding purchasing power because of the federal reserve039s inflationary policies this represents a real if hidden tax imposed on the american peoplefrom the great depression to the stagflation of the seventies to the current economic crisis caused by the housing bubble every economic downturn suffered by this country over the past century can be traced to federal reserve policy the fed has followed a consistent policy of flooding the economy with easy money leading to a misallocation of resources and an artificial quotboomquot followed by a recession or depression when the fed-created bubble burstswith a stable currency american exporters will no longer be held hostage to an erratic monetary policy stabilizing the currency will also give americans new incentives to save as they will no longer have to fear inflation eroding their savings those members concerned about increasing america039s exports or the low rate of savings should be enthusiastic supporters of this legislationthough the federal reserve policy harms the average american it benefits those in a position to take advantage of the cycles in monetary policy the main beneficiaries are those who receive access to artificially inflated money andor credit before the inflationary effects of the policy impact the entire economy federal reserve policies also benefit big spending politicians who use the inflated currency created by the fed to hide the true costs of the welfare-warfare state it is time for congress to put the interests of the american people ahead of special interests and their own appetite for big governmentabolishing the federal reserve will allow congress to reassert its constitutional authority over monetary policy the united states constitution grants to congress the authority to coin money and regulate the value of the currency the constitution does not give congress the authority to delegate control over monetary policy to a central bank furthermore the constitution certainly does not empower the federal government to erode the american standard of living via an inflationary monetary policyin fact congress039 constitutional mandate regarding monetary policy should only permit currency backed by stable commodities such as silver and gold to be used as legal tender therefore abolishing the federal reserve and returning to a constitutional system will enable america to return to the type of monetary system envisioned by our nation039s founders: one where the value of money is consistent because it is tied to a commodity such as gold such a monetary system is the basis of a true free-market economyin conclusion mr speaker i urge my colleagues to stand up for working americans by putting an end to the manipulation of the money supply which erodes americans039 standard of living enlarges big government and enriches well-connected elites by cosponsoring my legislation to abolish the federal reserve |
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the fed under fire
Bookmarked 723 weeks ago the federal reserve is one of the most powerful and secretive institutions in washington long considered beyond the reach of lawmakers but now as details emerge of how the fed secretly doled out more than a trillion dollars during the financial crisis a rare bipartisan movement in congress demands that the fed be held accountable |
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sealed crawl space raleigh
Bookmarked 559 weeks ago sealed crawl space raleigh 919 302-1081http:sealedsolutioncom we would like to welcome you to our company website lots of articles links videos and graphs to explain all about vented and sealed crawl spacesdon039t settle for the industry minimum please find our website very educational on crawl space encapsulation get the maximum solution for a fair price ask about our radon blocking solution mattgarrettsealedsolutioncom other sealed crawl video: https:wwwyoutubecomwatchv=zvyhvcyiwxs |
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adam kokesh: 039federal reserve is a government scheme039
Bookmarked 725 weeks ago the reason the us federal reserve resists an open audit is that if it happens people will see that it is just another government scheme to steal money from the poor said adam kokesh a congressional candidate |