Obama's New Regulatory Plan: Cheese It, It's The Fed!

A Concerned Citizen

Matt Bandyk, it is not a solution. Obama is a puppet to our secret government (it is an establishment of rich bankers all of the world) Abraham Lincoln warned America about a secretive elite who woul try to take over America behind the scenes. He said it was a greater threat to our liberty than Tyranny. Woodrow Wilson also warned America about it. Go to youtube and type in Woodrow Wilson address-1914 Federal Reserve Act. In the address, he publically apologized to the American people for passing the Federal Reserve Act in 1914. He said he was duped/tricked into passing it by lobbist and special interest groups. The Federal Reserve Bank is a privately owned institution owned by a private large bank (shocked?)-yep I was too, until I decided to do some in depth research on the institution. The name is deceptive leads one to believe that it is Federally owned when it is indeed not. It has significant power over our economy too. It implements our monetary and fiscal policies. Although it is privately owned, the Federal Reserve Bank is overseen by Congress, but there is very little transparency. Congress has yet to see records on monetary policies set from ten years ago. If you look at the Federal Reserve's Act, the President and Congress appoint the board members, but the executive branch (President) has no power to ratify or veto anything the board or the bank does. I don't believe legislative branch does either. I could be wrong though. Double check it. Berneke is the President of the Reserves bank now and openly admitted that the Great Depression was aggravated by the Federal Reserves bank. They were raising rates when banks needed to be liquidized. The Great Depression expanded the federal government like never before. They have tremendous control over our monetary and fiscal policies because they establish the rates for Wall Street and other corporations. The Federal Reserve is secretive as well, often leading Wall street as well as other corporations to guess the rates for each fiscal year. This is wrong and very dangerous. This bank should HAVE NO POWER. It is privately owned by a bank, our tax dollars are generated through it. Congress has very little control over it and the very fact that Woodrow Wilson publically apologized for passing the Act (check it out on youtube people) says something about the Federal Reserve Bank and the people in charge of running it. Makes you wonder what President Lincoln was warning the American people about and why Jefferson warned the American people about bankers and the elite. There is a secret gov that is neither Repub or Democrat. The FRB was established to give them more power. President Obama says that it will be supervised. Congress hasn't been able to supervise this bank for over a decade. Remember people, who ever holds the money, controlls our country. So that means if gov holds majority of your money (taxes), in principle, they run our country. Pray for truth to be revealed

Sunshine of ME @ Jun 17, 2009 17:25:03 PM