Ron Paul: “Time For The United States To Panic” ~ Private Rothschild Company To Flood U.S. Bankers With More Printed Greenbacks! Oh, And Its Called QE3.
Economy A History Lesson, by Dylan Grice, Societe Generale
At its most fundamental level, economic activity is no more than an exchange between strangers. It depends, therefore, on a degree of trust between strangers. Since money is the agent of exchange, it is the agent of trust. Debasing money therefore debases trust. History is replete with Great Disorders in which social cohesion has been undermined by currency debasements. The multi-decade credit inflation can now be seen to have had similarly corrosive effects. Yet central banks continue down the same route. The writing is on the wall. Further debasement of money will cause further debasement of society. I fear a Great Disorder.
I am more worried than I have ever been about the clouds gathering today (which may be the most wonderful contrary indicator you could hope for...). I hope they pass without breaking, but I fear the defining feature of coming decades will be a Great Disorder of the sort which has defined past epochs and scarred whole generations.
“Next to language, money is the most important medium through which modern societies communicate” writes Bernd Widdig in his masterful analysis of Germany’s inflation crisis “Culture and Inflation in Weimar Germany.” His may be an abstract observation, but it has the commendable merit of being true … all economic activity requires the cooperation of strangers and therefore, a degree of trust between cooperating strangers. Since money is the agent of such mutual trust, debasing money implies debasing the trust upon which social cohesion rests.
Ron Paul may have retired from Congress, but his dream for the Federal Reserve to be audited and ultimately abolished is alive and well.
Rep. Paul Broun, R-Ga., was a staunch ally of Rep. Paul’s legislation to audit the Fed and is now the lead sponsor of a bill identical to the one that easily passed the House in the 112th Congress.
“I’m an original intent constitutionalist, as was Ron Paul while he was here,” Broun told WND. “We should audit the Fed. Hopefully we get rid of the Fed, and I introduced a bill to do that also.”
Broun said it’s incredible that the public knows virtually nothing about an institution with so much power over our economy.
“Congress has basically abdicated its duty to control money and the monetary supply and control of our money supply as a nation over to this semi-governmental agency that’s not really governmental,” he said. “In reality, we have had no auditing. We have absolutely no idea what they’re doing over there.
“We’ve had this quantitative easing now into the third time, which has been totally unproductive in trying to get our economy going. The Fed housing policy was part of the reason we had the housing bubble and crash. They’re still managing our monetary supply. They’re creating more and more dollars that have no or very little value behind them. Our dollars are becoming worth less and less. As time goes on, they’re going to be worthless.”
He added, “It’s absolutely critical that we audit the Fed so the American people can see what’s going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I’ve introduced, and get rid of the Fed.”
The congressman said it’s ridiculous that the only clues we get on Fed actions are in the periodic comments from Fed Chairman Ben Bernanke.
“We see what he says, but we really have no clue how they’re managing our money across the board, how they are dealing with big banks or small community banks. We have no idea what they’re doing in creating monetary policy,” said Broun, who noted that lawmakers don’t even know how much Bernanke and other Fed officials earn in salary or receive in the way of benefits.
The GOP-led House easily approved the bill to audit the Fed in the previous Congress, but Broun lamented that it died on the other side of Capitol Hill.
“The problem is Mr. Obstructionist, Harry Reid, threw it in the trash can over on the Senate side,” he said. “So hopefully we can get the Senate moving on it by getting the American people demanding that we audit the Fed.”
Broun reiterated that his ultimate goal is to abolish the Federal Reserve and return control over monetary policy to Congress. He admits people don’t have much confidence in Congress either, but Broun contends putting Congress in that role at least offers the chance of that power and money ultimately returning to the the states.
“I’m a Marine and I’m fighting for liberty,” he said, “and everything I do up here is fighting for the future of our nation.”
Ron Paul: I'm Waiting for the Fed to Self-Destruct
Creature From Jekyll Island A Second Look at the Federal Reserve = to create;
THE DEBT BROUGHT ON BY UNLAWFUL FIAT PAPER MONEY =
banksters 666 sytem to keep the People as slaves & plunder the US of;
LAWFUL GOLD AND SILVER LEGAL TENDER for People of Freedom,
Liberty and their Constitutional Rights -
USD Chart TA LT Make Long Term Trend To A Friend -
USD Fundamental Aspects = made by ponze 666 scheme papers backing = THE DEBT BROUGHT ON BY UNLAWFUL FIAT PAPER MONEY = slave papers = Against the Constitution and a plot to destroy the American's Freedom, Liberty and Rights for the People -
THE HISTORY OF LAWFUL GOLD AND SILVER LEGAL TENDER =
Bank Fraud in Ten Minutes Submitted by Lysiandad on Sat, 02/23/2013 - 00:38
Bank Fraud in Ten Minutes
Similar Subjects (Sometimes) Please Help) Writing Essays/ Articles and Making Videos - Daily Paul 1/31/13 "Off Ledger" Accounts Of The World Bank! Signed By Bernake, Et Al ... 1/23/13 Hypothesis - Sandy Hook 1/19/13 Cell Phone Education YEEEEEES! 1/3/13 "BITCOIN" posts get no traction here... WHY? 11/27/12 *Update* I'm leaving in ten minutes to chair our county convention ... 3/10/12 Fractional Reserve Banking is Fraudulent... on CNBC ... 1/1/10
On July 29, Senator Rand Paul (shown, R-Ky.) sent a message to members of the Campaign for Liberty asking for help in a project very familiar to that organization:
I’ve introduced S. 209, the Audit the Fed bill, and I’m going to do everything I can to expose the Fed and stop Ben Bernanke’s economic snake oil “solutions” from wrecking our fragile economy.
Your action today in support of my father’s Campaign for Liberty will help turn up the heat on my colleagues to pass Audit the Fed.
In February, Senator Rand Paul (R-Ky.) offered the Federal Reserve Transparency Act of 2013, also known as "Audit the Fed.” The bill would eliminate restrictions on Government Accountability Office (GAO) audits of the Federal Reserve. Additionally, the bill would give Congress oversight of the Fed's credit facilities, securities purchases, and quantitative easing activities.
"The Fed's operations under a cloak of secrecy have gone on too long and the American people have a right to know what the Federal Reserve is doing with our nation's money supply," Paul said in a statement. "Audit the Fed has significant bipartisan support in Congress and across the country and the time to act on this is now."
There may be hope that the people’s representatives may actually finally wrest the reins of federal fiscal policy away from the unelected, unaccountable governors of the Federal Reserve.
As of the time of writing, Senator Paul's bill, S. 209, has 24 cosponsors in the Senate, including one Democrat, Mark Begich of Alaska.
In January, a companion measure was offered in the House of Representatives by Representative Paul Broun (R-Ga.) and currently has 153 cosponsors.
When it comes to dragging the policies and procedures of the Federal Reserve into the sunshine of congressional oversight, Rand Paul comes by it honestly, via fatherly influence.
As recounted on www.RonPaul.com
For the past 30 years, Congressman Ron Paul has worked tirelessly to bring much-needed transparency and accountability to the secretive bank. And in 2009 and 2010 his unfaltering dedication showed astonishing results:
HR 1207, the bill to audit the Federal Reserve, swept the country and made the central bankers shudder at their desks.
The bill passed as an amendment both in the House Financial Services Committee and in the House itself.
Then, in 2012, his final year in the House, Congressman Ron Paul reintroduced the Audit the Fed bill (H.R. 459), which passed the House 327-98.
In fact, Representative Broun’s bill currently pending in the House is a copy of Ron Paul’s bill. In a statement, Broun said he was fighting the Fed in order to “pick up where Ron Paul left off.”
Now, his son is leading the assault in the Senate.
While the Rand Paul Audit the Fed bill would bring transparency to the purposely shadowy goings on at the Federal Reserve, what isn’t so clear is why the Senate has yet to vote on any of the measures mentioned above.
After Ron Paul’s last attempt to audit the Federal Reserve handily passed through the House in 2012, Senator Harry Reid (D- Nev.) blocked the legislation, saying he wouldn’t be comfortable bringing the matter to the Senate until he’d had a “real serious conversation” with Fed chairman Ben Bernanke.
Perhaps someone should have a real serious conversation with Reid about the unconstitutional and unconscionable damage the Federal Reserve and the shadowy coterie of global bankers that own it have done to the economic well-being of the United States.
First, the unelected governors of the unconstitutional central bank have an absolute stranglehold and monopoly over the flow of our nation’s money and credit.
Not once since its inception in 1913 has there ever been a thorough audit or an accounting to Congress about its activities.
During its century-long reign over the financial well-being of our country, the Federal Reserve has manipulated our currency until it is nearly worthless. Meanwhile, Congress turns a blind eye and a deaf ear to the crisis and the calls to control it.
The fact is that since that day in 1913, the dollar has lost over 95 percent of its purchasing power.
Most, if not all, of this precipitous decline was caused by the monetary policy of the Federal Reserve.
The United States of America has been driven to the very edge of a devastating fiscal cliff by the folly of the Federal Reserve and the abdication of its authority by an impotent Congress.
Together, these factors add up to $14 trillion in ill-conceived loans and federal bailouts and a crushing national debt of over $16 trillion.
Adding insult to injury, during testimony to Congress in 2009, Bernanke refused to reveal to committee members the names of the institutions that received trillions of dollars from the Fed.
Later, he told our elected representatives that he would not disclose the identity of the foreign banks that were parties to sweetheart deals with the Federal Reserve.
When it comes to the central bank and its machinations, the fix is in. The Fed — ostensibly a non-profit organization — owns the mint, the money, and sets the terms of the loans it makes to the federal treasury. What’s more, there is no product, there is nothing being loaned other than worthless paper that can never be traded in for anything of value because all that is used to secure the worth of the currency is now owned by the very bankers who control the Federal Reserve.
In his seminal book, A History of Money and Banking in the United States, Murray N. Rothbard explained that the international financial cabal’s impetus to create the central bank was to use it as a “cartel device to enable the nation's banks to inflate the money supply in a coordinated fashion, without suffering quick retribution from depositors or noteholders demanding cash."
It is well known that both Ron and Rand Paul have at times supported gold as a hard currency alternative to the paper specie issued (unconstitutionally) by the cartel.
What isn’t as well known, however, is that many members of the Federal Reserve board have at various times likewise supported gold as a popular means of exchange.
Rothbard questions the purity of the motives of some economists and Federal Reserve officials who claim to support a return to the so-called gold standard.
Rothbard believes that the Fed might back such a move in order to exercise stricter control over the economy.
Members of the cartel, Rothbard said, “wanted to press on to use the gold standard as a hard-money camouflage behind which they could change the system into one less nakedly inflationist than populism but far more effectively controlled by the big-banker elites.”
And the Fed will continue to accumulate power. There is no limit to the lengths these global bankers will go to in order to enslave the population of the world.
There is no hope of regulating restraint.
Power of this magnitude operates beyond the reach of regulations.
Treating the tumor will not eradicate this cancer. The entire mass must be cut out.
If we are to restore financial vitality to this country, Americans must demand that Congress revoke the charter that created the Federal Reserve and return all the money it has seized to the people and the market that it has held as indentured servants for over a century.
Perhaps this is the year that the Fed is called on the carpet.
Perhaps Senator Paul can finally expose its unconstitutional, undisclosed, disastrous dealings and restore Congress to its rightful role as representatives of the people.
When the run on the “Bank of the Dollar” begins in earnest, I expect that the People in this building will fully live-up to its namesake’s legacy, and that no deception will be beyond the pale to protect the interests of their firm. Indeed, one could argue that, from interventions in the Treasury and currency markets to the suppression of precious metals prices, they are already heavily engaged in the practices that made Marriner Eccles reputation. I seriously doubt, however, that the Chinese or others will be fooled by their parlor tricks.
Today, the People who go to work at the Federal Reserve Bank of New York walk through the doors of the Marriner Eccles building, a grand structure named for a man whose reputation was built on tricking and deceiving People about the genuine risk of losing their hard-earned life savings... and the greater the risk, the more elaborate was his deception to hide it. Somehow fitting, don’t you think?
Karen Hudes exposes The World Bank. It is one of the world's largest financial institutions said to represent 188 nations from around the world. Its stated purpose focuses on investing in the development of third-world nations and lending interest-free loans to middle- and low-income countries.
According to the World Bank, there are two goals that have been set to be achieved by the year 2030. These include decreasing the amount of people living on less than $1.25 a day to less than 3% and fostering the income growth of the bottom 40% of every country.
Are these goals sensible for the World Bank to accomplish? And, more importantly, can they be successfully achieved in the midst of a significant shift in the global currency market?
To help us break down the global financial giant known as the World Bank and how you can protect your finances during this seemingly unstable global market, we are joined by Karen Hudes, who claims to be a former senior councilwoman at the World Bank.
Next News Network is currently investigating to verify that the allegations and testimonies made by Karen Hudes are accurate
World Bank Whisleblower~Speaks Out On Corruption - Karen Hudes ~
The US government shutdown - a temporary ailment or a symptom of a grave disease? Are the Republicans right in their move to block Obamacare spending? Who gains from the shutdown turmoil? Do the politicians care about their citizens? Our guest comes from the very heart of the banking system: Karen Hudes was World Bank lawyer when she blew the whistle on major corruption cases in the system and was fired as a result.
U S Dollar Loses International Currency Status - Karen Hudes Predicts Lawlessness -
Karen Hudes, a former 20 year employee of the World Bank, contends the U.S. credit rating is on very dubious ground. Hudes says, "This is actually an underhanded move because they know the U.S. dollar is going to lose its status as an international currency." What would that look like to the man on the street? The media a monopoly controlled by federal reserve priv. owners. Hudes predicts, "Prices would change on a daily basis. They would double. The number of families that would be employed would be in the minority . . . there would be lawlessness." Join Greg Hunter as he goes One-on-One with former World Bank lawyer Karen Hudes.
Yes Bro, Some great deals happening now LOAD UP on gold and silver mines producers -
9 Out Of 10 Americans Are Completely Wrong About This Mind-Blowing Fact -
history often repeat itself ex... the Swedish currency have become worthless eleven times since the viking time 1000 yrs ago - so its not just the Russian ruble, german mark and zimbabwe fiat currency become worthless its a way for governments when the national debt become to large they print a new fiat currency and start over after bankruptcy just like a person going bankrupt and start over again - recently Detroit declare bankrupcy and most cities and states with follow the economist tells us -
Let The Fed Drop Money Into Your Bank Account Instead Of Raining It Down On The Rich The Fed could be an institution that serves all the people, not just the 1%. By Ellen Brown 12-8-13
Disgrace of USA - Ozama supporters will go hysterical over any list but here is; 462 examples of his lying, lawbreaking, corruption, cronyism, etc. few ex. vs. a full list would not even fill a big book? -
Currency destruction’. Its mandate is to protect the US dollar. Instead it is destroying the value of the dollar, by increasing its supply.
This chart courtesy Federal Reserve Bank of St. Louis shows the US FED is involved in ‘currency destruction’. Its mandate is to protect the US dollar. Instead it is destroying the value of the dollar, by increasing its supply.
To measure the loss in purchasing power of the US dollar you are invited to visit http://www.bls.gov/
According to Ayn Rand, “Determine what is best for the government, and know that is exactly what the ‘powers that be’ are working to make happen. Inflation is what is best for a government with enormous debt.”
While we invest to protect our nest egg against inflation, by owning gold and silver, we are aware that when the commercial gold and silver dealers are heavily ‘net short’ in the futures market, they will spend hundreds of millions of dollars MORE, in the form of futures contracts, in an effort to drive the price down so that the previous short positions can be covered. When the futures market becomes a casino, without honest supervision (as now), the entity with the deepest pockets can control the price (in the short run).
They can do this until the demand for physical gold forces them to finally run for cover.
thanks, how about five years of secret pass to work????? - well, how about ex. all children born in US to the secret pass holders? the children autom. become a US person - who has rights to sponsor in family - a secret pass holder - will they have the same rights? -
Rothschild payed everything for his relative - Adolph Hitler to be elected and carry out the wars to unite - nwo - EURO -
same thing happen in North America to unite - US, Canada and Mexico - NWO -
later its more easy to unite EURO and North America to establish -- NWO --
to make one NWO - the country of the world with a khazarian king pin at the top -
the dream to make the Rothschilds dream to make the khazarian empire - - NWO -
NWO to rule the world become closer to be fulfilled? -
WWI - WWII - WWIII - to make NWO - #1 - the only #1 - the world - NWO - One country -
How many more wars is it going to be - to make one king 666 pins dream - to be fulfilled? -
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