A Comment About

Who Murdered Cheap Oil?

May 27, 2008 - 12:00 am - by Jane Whitson
Bennett
2008-06-09 06:13:04

The Federal Reserve System must be abolished. They have no constitutional authority to exist in the first place. By devaluing our currency they put America on the fast track towards depression. The Fed meets in secret and has no oversight; as we talk about the need for more regulation in the financial sector to prevent fraudulent loans to be issued, the oversight should start at the top with the Federal Reserve disclosing all of their otherwise private details to the public. The Federal Reserve is a private corporate banking cartel made up of wealthy international bankers. The Federal Reserve is as “federal” as Federal Express. Because they are a private entity, they are the ones to benefit when money is borrowed from them every time they issue dollars America, which they print out of thin air on worthless paper. It costs just as much for the Fed to print a $100 bill as it does to print a $1 bill. It is advantageous for the Fed if the nation is put into a situation where it is forced to borrow as much money as possible. In this regard, war is by far the best situation for a nation to be in, and I am sure the private bankers of the Fed could not be happier that our deficit is in the trillions because of the wars we are engaged in. Who benefits from war? The Federal Reserve does, as it loans our own money to us at interest. This interest is paid in the form of the Income Tax, which is illegal as the income tax is a un-apportioned tax that cannot be levied upon people for their labor. Yet all of the money we make four months out of the year goes to pay the Income Tax. By so doing, the Federal Reserve has enslaved the American people, while they plunge us deeper and deeper into debt by making sure wars are sustained for as long as possible, and the currency becomes more and more worthless, and our homes are foreclosed upon to make us homeless upon the land our fathers conquered, just as Thomas Jefferson predicted would happen if we would ever allow private banking institutions to control the issue of our currency. The Federal Reserve is a sick and disgusting entity that must be abolished for good.