DEAD MESSENGER

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Msg. Jan. 4, 2011; “What would Jesus do?” Throw The Money Changers Out!

 

James Madison

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by  controlling money and its issuance.” –James Madison

“Famous Quotations On Banking”

From:  www.TheMoneyMasters.com

US National Debt Clock; Real Time

Obama aide: Debt limit fight could be “catastrophic”

By Caren Bohan  WASHINGTON | Mon Jan 3, 2011 4:45am EST

“…Without a vote by Congress to raise the limit on government borrowing, the Treasury Department could bump up against the current $14.3 trillion debt limit. Treasury has estimated the limit could be reached during the first or second quarter of this year…”

In her article (linked above) Caren Bohan led  me to question why is our congress presently contemplating raising the national debt ceiling, again? Isn’t it time we, the American People, wake up to the fact that our nation is broke; that our government has already enslaved us to an insurmountable debt, owed to a private international banking cartel? A debt,   that even our grand children could never pay? Why would I want to borrow even more money?

I,  and many others, believe it is our duty and obligation to future generations, to reveal the truth and failure of the US Government to accept its constitutional obligation to operate and regulate  a monetary system  for the benefit of the American People. We need a law  governing a monetary policy that isn’t subject to the wild contrived fluctuations of the “business cycle.” A cycle, that is all too  often detrimental to middle class Americans and small businesses. For almost ninety years now, the American People and their government have  slowly and insidiously become enslaved by the devious self serving manipulation of the “Money Changers!” Now is the time to  chop off the head of that viscious hydra (Federal Reserve Bank), so that once and for all we may rid ourselves of such inequity and deception.

If you have time, I highly recommend you view the video documetary (below) “History of the Federal Reserve.” I believe this video is one of the most important revelations in generations regarding the global, domestic and economic dangers facing all Americans today. Many Americans, including this blogger, are asking themselves questions such as, “why does everything appear to be so upside down in this country?  Why can’t our congressional leaders and representatives control our catastrophic national spending and debt?” How did we get here; where did we go wrong? Why our we losing so many rights? Why does support for  socialism appear to be on the rise?” For many of the answers to these questions and many more, watch the video. The journalists inform us that maybe “one in a thousand people” truly understand our current monetary system.  And, as a result, most of our congressional and executive leaders don’t have a clue and are perplexed as to the true genesis and solution to our monetary system.   Its time, help us,  throw the money changers out!

http://video.google.com/videoplay?docid=7757684583209015812&hl=en#

Want to learn more about solutions to our economic demise? Visit The Money Masters and review “The Two Step Plan to Economic Reform & Recovery.”

“Monetary Reform Act – A Summary
(in four paragraphs)

This proposed law would require banks to increase their reserves on deposits from the current 10%, to 100%, over a one-year period. This would abolish fractional reserve banking (i.e., money creation by private banks) which depends upon fractional (i.e., partial) reserve lending. To provide the funds for this reserve increase, the US Treasury Department would be authorized to issue new United States Notes (and/or US Note accounts) sufficient in quantity to pay off the entire national debt (and replace all Federal Reserve Notes).

The funds required to pay off the national debt are always closely equivalent to the amount of money the banks have created by engaging in fractional lending because the Fed creates 10% of the money the government needs to finance deficit spending (and uses that newly created money to buy US bonds on the open market), then the banks create the other 90% as loans (as is explained on our FAQ page). Thus the national debt closely tracks the combined total of US Treasury debt held by the Fed (10%) and the amount of money created by private banks (90%).

Because this two-part action (increasing bank reserves to 100% and paying off the entire national debt) adds no net increase to the money supply (the two actions cancel each other in net effect on the money supply), it would cause neither inflation nor deflation, but would result in monetary stability and the end of the boom-bust pattern of US economic activity caused by our current, inherently unstable system.

Thus our entire national debt would be extinguished – thereby dramatically reducing or entirely eliminating the US budget deficit and the need for taxes to pay the $400+ billion interest per year on the national debt – and our economic system would be stabilized, while ending the terrible injustice of private banks being allowed to create over 90% of our money as loans on which they charge us interest. Wealth would cease to be concentrated in fewer and fewer hands as a result of private bank money creation. Thereafter, apart from a regular 3% annual increase (roughly matching population growth), only Congress would have the power to authorize changes in the US money supply – for public use -not private banks increasing only private bankers’ wealth.”

2008 Presidential Candidate, Representative Ron Paul proposed abolition of the Federal Reserve in the 110th Congress 2007-2008

H.R. 2755: Federal Reserve Board Abolition Act

http://www.youtube.com/watch?v=X1Nejtzlq08

Ron Paul on Federal Reserve audit and financial regulation 6/30/2010 CSPAN



http://www.youtube.com/watch?v=Hum7glP_QY0

Ron Paul Blasts Secret Government Running Economy


http://www.youtube.com/watch?v=7AVJe2yIWIE&feature=related


SIGN THE PETITION TO ABOLISH THE FEDERAL RESERVE BANK

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January 4, 2011 Posted by | America | Leave a comment