"I care not what puppet is placed on the throne of England to rule the Empire, ....The man that controls Britain's money supply controls the British Empire. and I control the money supply."
- Baron Nathan Mayer Rothschild (1840-1915)
Much like the chemtrails that cloud the skies, blocking the sun's clarity on a daily basis, the Federal Reserve is using all of its power to cover up their inability to effectively provide a sound monetary policy for the Unites States. Control of monetary policy is the key to much of the problems in the world today. Operating as a private corporation, the Fed can do whatever it wants; fund illegal wars of aggression, fund eugenic programs in Africa, and build up countries only to destroy them later, consolidating their tyrannical grip through political minions. The Federal Reserve remains the linchpin to many sources of government corruption and media protection. The tentacles of the Federal Reserve's control of monetary policy reaches through its various branches of government to control every industry.
The smokescreen that once protected the shadowy Fed is blowing away. People know the Federal Reserve is NOT a government agency. It is a private corporation. This is why they can do whatever they want and answer to no one.
Still, a lot of people are unaware about how the Federal Reserve works, or the monetary policy that existed before the international bankers infiltrated the U.S. Congress and forced through the Federal Reserve Act over the Christmas holiday in 1913. Before 1913, the United States was on the gold standard, as mandated by the Constitution (Article 1 Section 10). The man who shepherded this particular provision through during the Constitutional convention was a man named Roger Sherman. See, the founders already new the dangers of government's control over monetary policy. The creation of paper money, or fiat currency, is easily inflated at the whims of those in control of the printing press. Gold and silver are finite substances. Their value is intrinsic because of their rarity. Thus when a person holds gold, the value of their money does not lose value over time. Under a government that prints a fiat currency, the saver is penalized through the inflation tax. When government monetizes debt, or comes with any array of cockamamie excuses for which to print more money, the dollars held by others loses value. Roger Sherman understood that the depreciation in currency ends up hurting the less fortunate an the people in society that cannot provide for themselves. A fluctuating currency causes the elderly, the widowed, and children to suffer.
The Federal Reserve did not eliminate the dollar's peg to gold immediately. The Federal Reserve created a huge bubble during the 1920's and then purposefully crashed the stock market. Because of the colossal gamble, the monetary control of the country was in jeopardy of being defeated by non-compliance. As millions lost their jobs and homes, Roosevelt's answer was to confiscate the gold. Executive Order 6102 ordered the confiscation of all gold to "save the banks." In 1933 the government paid the price of $20.67 an ounce for the yellow metal. Today, as a result of the Fed's ruthlessly immoral behavior, gold's price has skyrocketed to $1200. The price of gold changed little over the course of one hundred years. Yet today, as the government, at the behest of the Fed, has funded illegal wars and inflated the currency, gold has risen dramatically. Gold's rise, however, is not as much a reflect on gold becoming more valuable, but the dollar becoming virtually worthless.
Today we are witnessing the culmination of almost 100 years of cheating, lying, and scamming the American people as the Federal Reserve elite owners try to achieve complete control of the world. Although some new currencies were bantered about as possibilities, the global elite have decided on the elimination of money itself. Perhaps the international bankers realized that if the dollar were to destruct and a new currency introduced a deafening vote of "no confidence" would echo throughout the country. The passing of the draconian Health Care Reform bill contains provisions for a radio transponder patient identification system in which the elite will use to institute a cashless society (see The National Pulse's article, Mandatory Health Care and The Mark of The Beast). Heck, even the board game, Monopoly, has decided to go cashless.
"Debasing the currency is counterfeiting. It steals value every dollar earned or saved. It robs the people and makes them poorer. Inflation is the most vicious and regressive of all forms of taxation. It transfers wealth from the middle class to the privileged rich."
-Ron Paul (February, 2008)
Now that the Fed, in collusion with Congress, have looted the U.S. and saddled it with a monstrous debt that, by design, can never be repaid, the Fed is coming in to collect. The constant, never-to-be-repaid debt created by the a country's central bank and government eventually comes to an end. The sacrifice is always made by the people. "The arithmetic is unfortunately quite clear," Mr. Bernanke said. "To avoid large and unsustainable budget deficits, the nation will ultimately have to choose between higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above. These choices are difficult and it always seems easier to put them off-- until the day that they cannot be put off any more."
The notion that Obama is going to craft some legislation for "consumer protection" is a complete joke. The staged attack on Goldman Sachs last Friday provided Obama with "populist cover." The National Pulse tends to expect a false attack when the #2 contributor to the Obama campaign for President offers itself up to take some ridicule while Obama does a populist dance. Unbelievably, there are still many people who voted for Obama that think he will punish Wall Street with real reform. Pathetically, he is keeping the charade alive, having the SEC make a show of harassing Goldman Sachs. The firm is hardly hurt by the whole thing, having made $3.46 billion in the first three months of the year. It is clear, with Treasury Secretary Timmy Geithner, the ex-President of the New York Federal Reserve, by his side, that Obama is the paid servant of the the international bankers. In classic doublespeak, both Obama and Bernanke are arguing for "consumer protection" while laying the foundation of foreclosure on the every asset of every private citizen. Bernanke was also quoted, "Indeed, I would argue that no financial instrument regarded as regulatory capital, should be allowed to receive any protection from losses."
Republicans will help in the charade by strongly opposing the bill. Both sides will play the partisan game as if the two parties were not in same business. However, the wise will always know the real issue- the Fed's control of monetary policy allows them to weather minor defeats, throw the public off the scent of tyranny, and continue to pillage the country.
The austerity measures alluded to by Bernanke and others are only the start of the monumental pain faced by the United Sates if the Fed is allowed to stay in control. This is why Ron Paul's bill H.R. 1207, to audit the Federal Reserve, is the most important bill introduced in congress in the last 100 years. H.R. 1207 would allow the public to see the agreements the Fed has made with foreign governments and foreign central banks. (Click here to watch Ron Paul speak about monetary policy).
If only the American people knew what to fear. The "precipice" warned about by corporate leaders over and over again, exists not-- except for those guilty of fraud and ponzi scheming the American people out of untold amounts of money and blood. American ingenuity has always prevailed. However, if the Federal Reserve and their subsidiaries like the IMF are allowed to institute austerity measures secretly through the U.S. Congress the suffering will be incalculable. Right now, the banks are not lending for business investments in America. After years of suffering under IMF debt, poor, earthquake-stricken Haiti wasn't even able to lift the rubble off of their countrymen with crowbars due to their austerity measures. The longer Americans wait for the government to help them understand monetary policy the longer the suffering.