Monday, September 28, 2009

REPRESENTATIVE DEMOCRACY

Ron Paul is causing problems again. Guess he thinks the public has a right to know where their 13 trillion went. Imagine that. He actually is spouting that the Fed should be audited. Huh...WTF

If the Fed gave its actual arguments against a full audit, they would not have mentioned anything about political independence or economic stability. Instead they would admit they don’t want to be audited because they enjoy their current situation too much. Under the guise of currency control, they are able to help out powerful allies on Wall Street, in exchange for lucrative jobs or who-knows-what favors later on. An audit would expose the Fed as a massive fraud perpetrated on this country, enriching a privileged few bankers at the top of our economic food chain, and leaving the rest of us with massively devalued dollars which we are forced to use by law. An audit would make people realize that, while Bernie Madoff defrauded a lot of investors for a lot of money, the Fed has defrauded every one of us by destroying the value of our money. An honest and full accounting of how the money system really works in this country would mean there is not much of a chance the American people would stand for it anymore.
http://news.goldseek.com/RonPaul/1254161978.php

3 comments:

  1. One of these days Grayson is going to ask a question that Ben can only respond to with a smoke bomb.

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  2. Kli, Good work by Ron Paul. Aren't the FEDs the same creators of the Euro? Do they also have a European equivalent to the FED?
    This will be interesting to see just how much truly gets uncovered.

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