The problem with the federal reserve is much larger than that.
The private banks that make up the Federal Reserve are holding us hostage. They have made debt slaves of us and the rest of the world.
It's quite a system they designed. They create money out of thin air. Give a big chunk of it to themselves. Then charge the American people for it with interest.
No one has mentioned this. At least I haven't seen it anywhere, but this S & P downgrade has set the ground work for the private banks that make up the federal reserve to charge us higher interest on our debt payments.
Makes you wonder about the real reasoning behind the S & P downgrade?
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, 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."
Thomas Jefferson
"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
-Thomas Jefferson
"I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance. The
issuing power (of money) should be taken away from the banks and restored to the people to
whom it properly belongs." — Thomas Jefferson, U.S. President.
Anyway, most dismiss this issue but it is huge!
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