Sunday, December 26, 2010

US economy gets $1.2 trillion boost - Fed to Print 1.2 Trillion dollars






The Bible teaches us that the debtor is a slave to the lender. That is the relationship of the United States of America to The Federal Reserve System. Our government (and by extension every American) is a slave to the private bankers who own The Fed

"But wait a minute! Doesn't the government control The Fed? Doesn't the president appoint the Chairman of the Federal Reserve?" Yes, the president appoints the Chairman. And no, the government does not control The Fed. In fact it is the other way around. The Federal Reserve System controls the government.

"Give me control over a nation's currency and I care not who makes its laws."
~Baron M. Rothschild

If George Washington were alive today, he would be angry to see his likeness being used on counterfeit currency. There are trillions of dollars of US currency of all denominations in circulation today, bearing the portraits of various dead presidents. They are all counterfeit.


The real money of the United States, as established by the Constitution was gold and silver coins. By this time we had also printed paper currency that was “demand” money. In other words, these were certificates that certified that, for instance in the case of the $20 bill, “This certifies that there have been deposited in the Treasury of the United States of America $20 in Gold Coin Payable to the Bearer of Demand.” So the paper “demand” money was as “good as gold.”

For twenty years the real money and the fake Federal Reserve money circulated side by side. I believe that this was by design so that the unsuspecting public would get used to the idea of the Fed money and come to believe it was the same as real money. After all, it was designed to look very much like real money. But there was a crucial difference. It was backed by nothing.

Remember that the gold and silver certificates were backed, dollar-for-dollar, by precious metals. Not one gold or silver certificate could be issued unless it was backed by gold or silver. And that is why the politicians hated them so much. They lusted for money that they could print at will, money with no accountability. Money they could for as many “pork” projects as they wished to buy as many votes as they wanted so that they could get reelected forever – every politician’s dream.
And the Federal Reserve System was their dream come true.

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