Wednesday, November 26, 2008

"Paper Money Is Fraud!"

___On the afternoon of Saturday, November 22nd 2008, over a hundred daughters and sons of the great nation of Ohio assembled in downtown Cleveland. The purpose? To expose the corruption of the central banking cartel and demand the abolition of the Federal Reserve System.

___The date itself marked the ninety-fifth anniversary of the passage of the Federal Reserve Act, which subverted the constitutional ban on issuance of paper money and allowed a private banking enterprise to exercise the singular privilege of printing money for the Federal Government. Originally redeemable in specie (silver) currency, the fraud inherent in such an arrangement became quite apparent in 1929. After the disappearance of large sums of fractional reserve money, frightened depositors descended upon member banks to find that their hard-earned silver had been given to someone else.

___Rather than forcing the banking system to honor their contractual obligations on penalty of imprisonment (a punishment ordinary mortals like you and I would face), the politicians in Washington DC instead devised a convoluted “Rube Goldberg machine” of monetized debt securities in an effort to make the entire scam seem perfectly reasonable and even enlightened. Since then, Federal Reserve Notes have been made “legal tender”, which all U.S. citizens are forced to accept under penalty of law, no longer redeemable in “lawful money”.

___The deception continues to this day, as generation after generation of schoolchildren grow up believing that economics is a such a boring and difficult concept to understand that it is better just to leave the monetary policy of our nation to “experts” who care about such things. That this attitude is a fatal mistake is now becoming clear as the banking system racks up record profits while the losses are once again foisted upon the gullible American taxpayers. Simultaneously, the stolen purchasing power is used by the Federal government to finance their Imperial wars of global conquest and pseudo-legal domestic “surveillance” operations while the schools and bridges in our States crumble to dust.

___But on November 22nd, brave patriots from across the continent assembled in front of all Federal Reserve regional banks and made their voices heard. “No more bailouts! End the Fed!”, we shouted. “Inflation is theft! End the Fed!” With signs and voices raised in protest, we marched through the centers of our great cities, demanding an end to the central banking scheme once and for all.

___The alternative to continued servitude under the political and monetary dictatorship of the American Empire? Restoration of national sovereignty to the Republic of Ohio and prompt implementation of circulating currency physically consisting of silver (or other precious metals). In my opinion, any efforts to reform the system and bring it under control while still allowing the bankers to create fiat money out of nothing are doomed to fail. And since the Federal government in Washington has proved themselves to be unredeemably corrupt by perpetuating this unjust and unconstitutional system, the time has come to wrest out State sovereignty back from the Federals who have abused the privilege.

___More information about the “End The Fed” movement can be found at: Thanks to the Campaign for Liberty, the Ohio Freedom Alliance, Peace Chicken, and everyone else who helped to organize this glorious event.

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