Tuesday, May 5, 2015

The Federal Reserve

The Federal Reserve, created in the Winter of 1913 by Woodrow Wilson, has been in control of all the currency in the United States for over 100 years. However, the fact that it has been here so long does not mean that it is beneficial to the United States. In fact, it is quite the opposite. Thomas Jefferson, one of our countries greatest leaders, once said, “[The banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered….”. He was right.

Today, the U.S. is currently over 18 trillion dollars in debt; a hole from which it will never recover from. This is because the Federal Reserve prints all the money and is in charge of the monetary policy. A country with so much debt will someday collapse. If Andrew Jackson could see what the Federal Reserve has done to America, he would turn in his grave at the sight.

The Federal Reserve is beyond powerful. They have the power to create inflation or deflation; pump massive amounts of money into our economy or take it all out. The Fed owns every single U.S. dollar; not the people. At the top of the dollar it says “Federal Reserve Note”. They’re not even part of the government.

The only man brave enough to do something about this issue was John. F. Kennedy. In the Summer of 1963, the president signed executive order 11110 which would take the Federal Reserve out of business forever. However, before it was officially ratified, the president was assassinated and Lyndon B. Johnson did not follow through with his plans. Very suspicious if you ask me.

Overall, I believe the Federal Reserve must be shut down. The government should have the power to print its own money. Not a decentralized central bank which is privately owned. It is corrupt in nature. It has been feeding the rich money for years now, yet the poor suffer immensely. All though our debt will never be paid off, there is still time to save the country we love, if we eliminate the Federal Reserve and allow our government to print its own money. Like the Great Abraham Lincoln once said,

“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”

He was also correct.