THE FIRST LEMON-THE FEDERAL RESERVE!

As evidenced by his above remarks President Woodrow Wilson when signing the Federal Reserve Act into law had no idea of how the Federal Reserve system would truly work, or the harm it could cause. It's also a shame that he did not realize this until after it was too late.

Be that as it may as long as we continue to allow the banking cartel to be in charge of the control of the supply of our money bankers, and not the government nor the people, will determine who gets the money they need and who doesn't.

Just like returning to a gold standard is not in our best interest and is one of those economic tools that has proven not to be a solution for the poverty, shortage of jobs and other ails of our society. So too, the Federal Reserve has also proven itself to be one of those economic tools that we use today to solve our problems, that not only does not provide the solution that we seek, but is also one of the underlying causes of the problems we have today..

 

THE FIRST LEMON-THE FEDERAL RESERVE!

The Fed does not control inflation nor does it guarantee the security of a monetary system as intended. Instead it actually creates inflation because of the interest it charges the government. This causes more taxes to be needed and this in turn causes the cost of good to rise. Plus if our interest payments to the banks were eliminated, there would be no national debt. Also without accountability as to what the Fed can or cannot do, it can't guarantee that our money supply will be stabile. This is because in the present Federal Reserve system one person or at the very best a small group of people get to determine what is best for our country. If that is not in line with what is best for them, you can be sure that without any accountability, they will choose what is best for them over what's best for the country every time.

So then what should we do with the Federal Reserve? Personally I don't believe that we should dissolve the Federal Reserve system. Instead we should make it a real part of the treasury. We should also use the Federal Reserve as the agency that protects the people from unfair banking practices and usury. Not everything about the Federal Reserves is bad. While allowing the government to borrow money at interest or even at all, most assuredly needs to be changed. The Feds system in place for record keeping, making public loans, moving money from place to place and performing electronic transfers does not need changing. Since the Fed and its member banks already have all of this in place, dissolving it does not seem to be in our best interest. I believe that we definitely need to change those things within an economic formula that need to be changed. However I also believe we should not fix what is not broken. Don't you agree?

After seeing the Fed in actual operation for nearly 100 years, it should be easy for us to observe the results it produces. Using your logic, reason and common sense, what is your observation? Is the present Federal Reserve Act a solution to our problems, or a cause of them?

 
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