AI
Sunday, January 05, 2020 8:53:32 AM
Here is a paper I wrote for a college class called Domestic Terrorism. I felt that the Fed was the largest threat to the world. And I still do. But what is going to stop it?
I thought is was funny, and I still do, that I wrote a paper on the Fed as a terrorist organization. I hate the Fed and think that the dollar is forced socialism and it is oppressing the world at gun point. As much as I want it to end, how and when? More men with bigger guns?
This was written in 2012 I think......
I learned even more since this was written. Much more. Our money isn't printed out of thin air. It is all borrowed into existence. The Fed waves a magic wand and creates it from nothing for us to borrow. I didn't understand that our money supply was the national debt, all borrowed into existence. (Can't make the debt go away, all money would be gone.) And I certainly didn't know about paper market manipulation.
But the inflation built into this system is real. And the loss of purchasing power is real.
And I had to keep it tame, It was for school mind you....
So enjoy my work:
Domestic Terrorism
There are many different interpretations and definitions of terrorism. The basic premise, by our very own government, is that terrorism is defined as: Any premeditated, unlawful act dangerous to human life or public welfare that is intended to intimidate or coerce civilian populations or governments. There are many terrorist plots that could describe this definition. There are countless threats in today’s society, quite often, that are terrorist threats. Examples of these are threats such as: Richard Reid attempting to blow up an aircraft on its way to Miami in 2001 with a shoe bomb, or 13 members of the Virginia Jihad Network in 2003 that were arrested on weapons charges and with conspiring to support terrorist organizations such as al-Qaeda and the Taliban. Even the KKK and other militia type organizations could be considered terrorist threats. All of these threats and similar threats are credible and dangerous. These threats could in fact put hundreds, if not thousands of people in harms way. The attack on 9/11 caused 2819 lives to be lost alone. Terrorism is a real credible threat.
Instead of writing about a threat similar to the ones listed above, I am going to write about a threat that is far more severe than the above mentioned threats. This threat could involve millions, if not hundreds of millions of people. Thomas Jefferson once said, “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” There are numerous quotes from our founding fathers that warned us about the oncoming monetary crisis, and the threat that I speak of is the Federal Reserve Banking System.
The Federal Reserve System is the central bank of the United States. Congress created the Federal Reserve Act through a law passed in 1913, charging it with a responsibility to foster a sound banking system and a healthy economy. The Federal Reserve was created due to some monetary panics in the early 1900’s. Events such as the great depression were reasons for our government to look for stability in the monetary system. The Federal Reserve is not a government agency at all; it is actually a private bank. It is no more government that Federal Express, but yet it is perceived to be a government bank. The Federal Reserve Bank was created on an island called Jekyll Island of the coast or Georgia in the early 1900’s, by a group of the biggest bankers in theworld. The Federal Reserve was created in extreme secrecy. They wanted to create a central banking system to bank for the world. What they really did was create a banking cartel. The Federal Reserve is where the countries money is printed, and where it is distributed from.
The United States government has a very interesting relationship with this private bank. The United States government borrows the money it needs from the Federal Reserve. The Federal Reserve actually prints money out of thin air and there is nothing that prevents them from printing and distributing all the money that is wants. The United States government likes to spend money. The U.S. is actually 15 trillion dollars in debt
and it is spending more and more all the time.
Here is a chart that shows how much our national debt and the amount the national debt has increased since 1940 to present. The one thing the government can do is spend money. It actually spends so much money that the tax money that we get from all the tax payers is not enough to pay for all the expenditures that we accumulate. We continue to go further and further in debt all the time. So how can our country continue to afford all the government entitlement programs that we run like welfare and food stamps? The answer is simple, we borrow the money. What we do is we borrow the money from the Federal Reserve Bank. The Federal Reserve simply prints more money and lends it to the
U.S. Government, plus interest of course. Every time that we borrow money from the Federal Reserve System we have to pay interest on that borrowed money. So our taxpayer money is actually paying the interest on borrowed money. Money that is simply printed out of thin air. So what is the problem with the system? It seems simple enough right? We just keep borrowing money from the Fed and they keep printing the money out of thin air and all is well right?
August 15, 1971, is when President Richard Nixon ended the gold standard. The gold standard was the way that the U.S. Government used to control the value of our money. We were restricted in our money printing. We could only print as much money as we had in gold reserves. It controlled the amount of money in circulation. If we had 1 trillion dollars in gold we could have 1 trillion dollars physical money in circulation. Richard Nixon wanted to use more money than we had in reserves for the war, so he abolished the gold standard so we could borrow more money. If you look at the chart again you will see that after the gold standard was abolished the national debt and spending began to get out of control. A currency with nothing to back it up is called a fiat money system. Every fiat money system in the history of money has failed. There are countries in the history of the world, like Zimbabwe and others that have failed using a fiat monetary system. Again what is the problem with this? If we can simply have the Federal Reserve system print more money out of thin air, what does it matter if we borrow more money from than and spend until our heart content?
This is where the problem lies. The more money that is printed and in circulation, the less the money is worth. This is called inflation. Every time money is printed by the Federal Reserve, the money in circulation is actually worth less. On the Federal Reserve’s very own website at, http://www.minneapolisfed.org/index.cfm, there is a tool that you can use to find out what the dollar is worth today compared to any other time in history. If you use this tool to find out how much money it would take today to buy 50.00 dollars worth of goods or services in 1950, it would show you that the same goods from 1950 would cost you 468.41 dollars today. This indicates that inflation has caused our dollar to devalue substantially over that time period. The reason that this inflation is present is simply due to the irresponsible practices of the Federal Reserve System continuously printing more and more money out of thin air over the years. Once the gold
standard was removed from the dollar, it allowed the government and the Federal Reserve banking system to become out of control. The United States’ spending is out of control and the Federal Reserve System is more than happy to continue to print money out of thin air and supply the government with money, plus interest of course.
The inflation that is caused by the current system is the biggest tax that we pay. It is a hidden tax. The inflation tax is rising and it will rise very high in the very near future.This may cause hyperinflation, which has happened to other countries, like Zimbabwe in the past. Our country is so far in debt, and owes so much money to the Federal Reserve that soon all the taxes that the citizens pay will not be enough to cover the interest payment alone on the debt we have. The more the government spends the more in debt we are. The more in debt we are the more we need to borrow from the Federal Reserve. The more we borrow from the Federal Reserve the more they print. The more money that is printed the more inflation is caused. All prices of commodities will continue to appear to be rising in price. Things like gold, silver, food, and oil will all appear to be rising in price, but in actuality what is happening is that the actual value of the dollar is going down. Gold has been the most stable monetary system in the history of mankind. What you could buy with one once of gold one hundred years ago you can still buy with one once of gold today. The same can not be said of the one hundred dollar bill. One hundred years ago you could buy a lot more with a one hundred dollar bill than you can today. This is a great example of inflation.
If you again look at the chart of the national debt you will notice that it is rising more rapidly. That trend will continue and we will have to continue to borrow more and more money to pay our ever rising debt. This will continue to cause more inflation as the Federal Reserve continues to print more and more money out of thin air. There are people that believe that inflation is unavoidable and that incomes have also risen over that time period to compensate for the difference. Here is another graph. The graph shows nominal(blue diamonds) and real (red squares) minimum wage values. Nominal values range from $0.25/hr in 1938 to the current $7.25/hr. The graph adjusts these wages to 2010 dollars (red squares) to show the real value of the minimum wage. Calculated in real 2010 dollars, the 1968 minimum wage was the highest at $10.04. The real dollar
minimum wage (red squares) falls during periods Congress does not raise the minimum wage to keep up with inflation.
This chart shows that in 1966, even though you only made 1.75 dollars per hour the real value of your money was 10.08 cents per hour. Then it started to deteriorate. This is the same time that the country got off the gold standard and the Federal Reserve System started excessive printing. By looking at the chart present day you can see that inflation has cased the value of our dollar to fall. This trend will continue if the current monetary policy is not changed. The Federal Reserve System can not continue to be allowed to print money out of thin air and our government can not continue to borrow excessively and continue to cause this inflation. In the near future, if this continues, you will see 10 dollar per gallon gas, 10 dollars for a loaf of bread, 4000 dollars per ounce of gold, 100 dollars per ounce of silver. All the commodity prices will continue to soar. The wealth of the average citizen is being robbed from them right in front of their eyes. Hyperinflation
is a strong possibility and the average American citizen has no idea that this crisis is approaching.
Abraham Lincoln once said, “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.” It always amazes me that our forefathers had the vision to understand the threats of the future. Thomas Jefferson and Abraham Lincoln were leaders that were not afraid to tell the truth, to tell the American people what was in their best interest. They would let people know what to fear. They let us know that our excessive spending and the war machine (Military Industrial Complex) were going to lead to financial disaster. We have all been duped. The Bankers own the world and all its governments. "Give me control over a nations currency, and I care not who makes its laws.” Baron M.A. Rothschild. The most tyrannical, unconstitutional, dangerous terrorist threat is right inside the U.S. It is known as the Federal Reserve System. The effect that the Fed will have on the citizens in the U.S. in the very near future will be detrimental to the majority of the U.S. and the world. I hope that people awaken very soon and realize that their very lives are in jeopardy and we can end the Fed and take back control of our sovereign nation
I thought is was funny, and I still do, that I wrote a paper on the Fed as a terrorist organization. I hate the Fed and think that the dollar is forced socialism and it is oppressing the world at gun point. As much as I want it to end, how and when? More men with bigger guns?
This was written in 2012 I think......
I learned even more since this was written. Much more. Our money isn't printed out of thin air. It is all borrowed into existence. The Fed waves a magic wand and creates it from nothing for us to borrow. I didn't understand that our money supply was the national debt, all borrowed into existence. (Can't make the debt go away, all money would be gone.) And I certainly didn't know about paper market manipulation.
But the inflation built into this system is real. And the loss of purchasing power is real.
And I had to keep it tame, It was for school mind you....
So enjoy my work:
Domestic Terrorism
There are many different interpretations and definitions of terrorism. The basic premise, by our very own government, is that terrorism is defined as: Any premeditated, unlawful act dangerous to human life or public welfare that is intended to intimidate or coerce civilian populations or governments. There are many terrorist plots that could describe this definition. There are countless threats in today’s society, quite often, that are terrorist threats. Examples of these are threats such as: Richard Reid attempting to blow up an aircraft on its way to Miami in 2001 with a shoe bomb, or 13 members of the Virginia Jihad Network in 2003 that were arrested on weapons charges and with conspiring to support terrorist organizations such as al-Qaeda and the Taliban. Even the KKK and other militia type organizations could be considered terrorist threats. All of these threats and similar threats are credible and dangerous. These threats could in fact put hundreds, if not thousands of people in harms way. The attack on 9/11 caused 2819 lives to be lost alone. Terrorism is a real credible threat.
Instead of writing about a threat similar to the ones listed above, I am going to write about a threat that is far more severe than the above mentioned threats. This threat could involve millions, if not hundreds of millions of people. Thomas Jefferson once said, “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” There are numerous quotes from our founding fathers that warned us about the oncoming monetary crisis, and the threat that I speak of is the Federal Reserve Banking System.
The Federal Reserve System is the central bank of the United States. Congress created the Federal Reserve Act through a law passed in 1913, charging it with a responsibility to foster a sound banking system and a healthy economy. The Federal Reserve was created due to some monetary panics in the early 1900’s. Events such as the great depression were reasons for our government to look for stability in the monetary system. The Federal Reserve is not a government agency at all; it is actually a private bank. It is no more government that Federal Express, but yet it is perceived to be a government bank. The Federal Reserve Bank was created on an island called Jekyll Island of the coast or Georgia in the early 1900’s, by a group of the biggest bankers in theworld. The Federal Reserve was created in extreme secrecy. They wanted to create a central banking system to bank for the world. What they really did was create a banking cartel. The Federal Reserve is where the countries money is printed, and where it is distributed from.
The United States government has a very interesting relationship with this private bank. The United States government borrows the money it needs from the Federal Reserve. The Federal Reserve actually prints money out of thin air and there is nothing that prevents them from printing and distributing all the money that is wants. The United States government likes to spend money. The U.S. is actually 15 trillion dollars in debt
and it is spending more and more all the time.
Here is a chart that shows how much our national debt and the amount the national debt has increased since 1940 to present. The one thing the government can do is spend money. It actually spends so much money that the tax money that we get from all the tax payers is not enough to pay for all the expenditures that we accumulate. We continue to go further and further in debt all the time. So how can our country continue to afford all the government entitlement programs that we run like welfare and food stamps? The answer is simple, we borrow the money. What we do is we borrow the money from the Federal Reserve Bank. The Federal Reserve simply prints more money and lends it to the
U.S. Government, plus interest of course. Every time that we borrow money from the Federal Reserve System we have to pay interest on that borrowed money. So our taxpayer money is actually paying the interest on borrowed money. Money that is simply printed out of thin air. So what is the problem with the system? It seems simple enough right? We just keep borrowing money from the Fed and they keep printing the money out of thin air and all is well right?
August 15, 1971, is when President Richard Nixon ended the gold standard. The gold standard was the way that the U.S. Government used to control the value of our money. We were restricted in our money printing. We could only print as much money as we had in gold reserves. It controlled the amount of money in circulation. If we had 1 trillion dollars in gold we could have 1 trillion dollars physical money in circulation. Richard Nixon wanted to use more money than we had in reserves for the war, so he abolished the gold standard so we could borrow more money. If you look at the chart again you will see that after the gold standard was abolished the national debt and spending began to get out of control. A currency with nothing to back it up is called a fiat money system. Every fiat money system in the history of money has failed. There are countries in the history of the world, like Zimbabwe and others that have failed using a fiat monetary system. Again what is the problem with this? If we can simply have the Federal Reserve system print more money out of thin air, what does it matter if we borrow more money from than and spend until our heart content?
This is where the problem lies. The more money that is printed and in circulation, the less the money is worth. This is called inflation. Every time money is printed by the Federal Reserve, the money in circulation is actually worth less. On the Federal Reserve’s very own website at, http://www.minneapolisfed.org/index.cfm, there is a tool that you can use to find out what the dollar is worth today compared to any other time in history. If you use this tool to find out how much money it would take today to buy 50.00 dollars worth of goods or services in 1950, it would show you that the same goods from 1950 would cost you 468.41 dollars today. This indicates that inflation has caused our dollar to devalue substantially over that time period. The reason that this inflation is present is simply due to the irresponsible practices of the Federal Reserve System continuously printing more and more money out of thin air over the years. Once the gold
standard was removed from the dollar, it allowed the government and the Federal Reserve banking system to become out of control. The United States’ spending is out of control and the Federal Reserve System is more than happy to continue to print money out of thin air and supply the government with money, plus interest of course.
The inflation that is caused by the current system is the biggest tax that we pay. It is a hidden tax. The inflation tax is rising and it will rise very high in the very near future.This may cause hyperinflation, which has happened to other countries, like Zimbabwe in the past. Our country is so far in debt, and owes so much money to the Federal Reserve that soon all the taxes that the citizens pay will not be enough to cover the interest payment alone on the debt we have. The more the government spends the more in debt we are. The more in debt we are the more we need to borrow from the Federal Reserve. The more we borrow from the Federal Reserve the more they print. The more money that is printed the more inflation is caused. All prices of commodities will continue to appear to be rising in price. Things like gold, silver, food, and oil will all appear to be rising in price, but in actuality what is happening is that the actual value of the dollar is going down. Gold has been the most stable monetary system in the history of mankind. What you could buy with one once of gold one hundred years ago you can still buy with one once of gold today. The same can not be said of the one hundred dollar bill. One hundred years ago you could buy a lot more with a one hundred dollar bill than you can today. This is a great example of inflation.
If you again look at the chart of the national debt you will notice that it is rising more rapidly. That trend will continue and we will have to continue to borrow more and more money to pay our ever rising debt. This will continue to cause more inflation as the Federal Reserve continues to print more and more money out of thin air. There are people that believe that inflation is unavoidable and that incomes have also risen over that time period to compensate for the difference. Here is another graph. The graph shows nominal(blue diamonds) and real (red squares) minimum wage values. Nominal values range from $0.25/hr in 1938 to the current $7.25/hr. The graph adjusts these wages to 2010 dollars (red squares) to show the real value of the minimum wage. Calculated in real 2010 dollars, the 1968 minimum wage was the highest at $10.04. The real dollar
minimum wage (red squares) falls during periods Congress does not raise the minimum wage to keep up with inflation.
This chart shows that in 1966, even though you only made 1.75 dollars per hour the real value of your money was 10.08 cents per hour. Then it started to deteriorate. This is the same time that the country got off the gold standard and the Federal Reserve System started excessive printing. By looking at the chart present day you can see that inflation has cased the value of our dollar to fall. This trend will continue if the current monetary policy is not changed. The Federal Reserve System can not continue to be allowed to print money out of thin air and our government can not continue to borrow excessively and continue to cause this inflation. In the near future, if this continues, you will see 10 dollar per gallon gas, 10 dollars for a loaf of bread, 4000 dollars per ounce of gold, 100 dollars per ounce of silver. All the commodity prices will continue to soar. The wealth of the average citizen is being robbed from them right in front of their eyes. Hyperinflation
is a strong possibility and the average American citizen has no idea that this crisis is approaching.
Abraham Lincoln once said, “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.” It always amazes me that our forefathers had the vision to understand the threats of the future. Thomas Jefferson and Abraham Lincoln were leaders that were not afraid to tell the truth, to tell the American people what was in their best interest. They would let people know what to fear. They let us know that our excessive spending and the war machine (Military Industrial Complex) were going to lead to financial disaster. We have all been duped. The Bankers own the world and all its governments. "Give me control over a nations currency, and I care not who makes its laws.” Baron M.A. Rothschild. The most tyrannical, unconstitutional, dangerous terrorist threat is right inside the U.S. It is known as the Federal Reserve System. The effect that the Fed will have on the citizens in the U.S. in the very near future will be detrimental to the majority of the U.S. and the world. I hope that people awaken very soon and realize that their very lives are in jeopardy and we can end the Fed and take back control of our sovereign nation
