Obama said it best “Just Words”. All politicians are corrupt, including Obama. This is so because the people that have the money have the power. These are not the big companies, Bill Gates, or the Buffett’s of the world. If Obama wants change then do away with the Federal Reserve (it’s a private company). That’s what caused all the economy problems and will keep us poorer as a nation. Every time the Federal Reserve “creates” new money we, the tax payer, pay the Federal Reserve interest on that money. Think of it as a double tax which you never see. Not only do we pay taxes but every time new money is created it debases the US dollar.
JFK tried to do away with the Federal Reserve by creating $5 billion in silver backed currency (was called the silver backed dollar). He did this without any approval since it’s illegal for anyone else other then the USA government to create money. Sadly he was assassinated and no one continued his the presidential executive order, which still exists today.
Most people also don’t realize how the Federal Reserve came to be. Let’s just say 3 people voted for it on the Eve of Xmas at 4am, when all others were away on vacation. The president at the time was paid $80K to approve it.
But this isn’t anything new. Our USA government has done away with central banks (like the Federal Reserve) 9 times in history. In the past the USA only used fractional banking during serious times of need (like war). Factional banking is where they create more dollars vs gold/silver to back it. But today, there’s no gold/silver to back the currency. Our dollar is only redeemable for another dollar.
Next time you want change, vote for someone like Ron Paul since that’s the “Change We Need”. For those of you that are clueless as to what I’m talking about then here are a few videos to educate you.
“Money as Debt” you are allowed your opinion and voice but please do not spam my blog with the same message. It’s obnoxious.
Today it’s about Obama vs Mccain. Of course they both have their drawbacks but in all honesty Obama is a much better candidate.
November 4th, 2008 at 2:01 am
damn. id never seen that. good job.
November 4th, 2008 at 4:12 pm
Obama said it best “Just Words”. All politicians are corrupt, including Obama. This is so because the people that have the money have the power. These are not the big companies, Bill Gates, or the Buffett’s of the world. If Obama wants change then do away with the Federal Reserve (it’s a private company). That’s what caused all the economy problems and will keep us poorer as a nation. Every time the Federal Reserve “creates” new money we, the tax payer, pay the Federal Reserve interest on that money. Think of it as a double tax which you never see. Not only do we pay taxes but every time new money is created it debases the US dollar.
JFK tried to do away with the Federal Reserve by creating $5 billion in silver backed currency (was called the silver backed dollar). He did this without any approval since it’s illegal for anyone else other then the USA government to create money. Sadly he was assassinated and no one continued his the presidential executive order, which still exists today.
Most people also don’t realize how the Federal Reserve came to be. Let’s just say 3 people voted for it on the Eve of Xmas at 4am, when all others were away on vacation. The president at the time was paid $80K to approve it.
But this isn’t anything new. Our USA government has done away with central banks (like the Federal Reserve) 9 times in history. In the past the USA only used fractional banking during serious times of need (like war). Factional banking is where they create more dollars vs gold/silver to back it. But today, there’s no gold/silver to back the currency. Our dollar is only redeemable for another dollar.
Next time you want change, vote for someone like Ron Paul since that’s the “Change We Need”. For those of you that are clueless as to what I’m talking about then here are a few videos to educate you.
Money as Debt (few seconds of black screen at the start)
http://video.google.com/googleplayer.swf?docid=-9050474362583451279&hl=en&fs=true
Money, Banking, and the Federal Reserve
http://video.google.com/googleplayer.swf?docid=-466210540567002553&hl=en&fs=true
Ron Paul (who’s on the House Financial Services Committee)
http://www.youtube.com/watch?v=A4kxTkhwR_Q
November 4th, 2008 at 4:29 pm
“Money as Debt” you are allowed your opinion and voice but please do not spam my blog with the same message. It’s obnoxious.
Today it’s about Obama vs Mccain. Of course they both have their drawbacks but in all honesty Obama is a much better candidate.