Killing America part three

There are so many ways that the D.C. Gang is killing America, that this could run into a book!  Let’s talk about the Federal Reserve, which  a few members of Congress rushed in with a few votes during the Christmas break in 1913.  The Federal Reserve, is a wonderful name, which seems to mean that it is “Federal,” and that it has “Reserves.”  It is not “federal,” but is a private bank, and has no reserves.  It is also unconstitutional, if that makes a difference to you.  Everyone should obtain and read “The Creature From Jekyll Island,” to learn the whole story of the Federal Reserve, and how it got started under the most evil, hidden way.

Basically, the ’Fed’ is probably the most powerful entity in America.  It controls the money, which it creates out of thin air.  It sets interest rates, although I have no idea of what law or statute gives it that power.  Since, for the longest time, the D.C. Gang has been unable to balance its budget, it has to borrow dollars to pay its bills,  just like you or I may have to on occasion.  They might spend a million, and only take in $750,000 in taxes, leaving a shortfall of $250,000, as an example in microcosm.  The reality of course, is that the actual current deficit is close to $10 trillion, an amount which is impossible to pay.  The deficit, long term, is probably $50 trillion, an amount impossible to comprehend.  Long term, because of commitments to Medicare, Social Security, and other agreed to and legislated handouts from the public treasury.  The huge current deficit comes from all the money spent by Congress and the President, which is grossly under the amount collected in taxes.  Do they care?  Not likely, as if they didn’t spend continually, they might lose the next election, and lose that swank office, perks, staff, and adulation.  So they spend and spend and spend, and borrow the dollars to cover their excess spending from the Fed, China, you, or whoever will loan.  All the dollars loaned, are printing press dollars, created by the Fed, be they in a Chinese bank or other foolish investor. 

I do hope you realize that the killing of America, no matter how many parts this may end up being, is totally caused by Congress and a President who signs laws into existence.  The Congress does all sorts of things which a President doesn’t have to sign…they seem to think….which kill America without a President’s signature.

The Fed is only too glad to loan and print the dollars.  They charge interest for the loan of course, and make a huge profit making loans to the government and charging interest.  All the Fed dollars, wherever they may be, are unbacked pieces of paper, checkbook funds, or ledger entries.  It’s a wonderful game.  Creating dollars out of thin air, and loaning it at interest to the government who can’t control itself.  Government, Wall Mart, Home Depot, Hobby Lobby, or others, sends the unbacked, created out of nothing dollars to foreign nations for merchandise. It’s a bit more complex than that, but that is a simple explanation of the process.  Since the Fed creates dollars out of thin air, why can’t the government (Treasury) do the same, and avoid all that interest?  They could, and JFK tried to do just that. He also was going to get rid of the CIA (can’t identify anything), and you see what it got him.  Why doesn’t the Congress take hold and get rid of the Fed?  Think of the interest they would save.  Why don’t they?  I have no idea.

Unfortunately, the Constitution made a small mistake when it spoke about money.  It says that the “states” must create money out of silver and gold, and it doesn’t restrict the Treasury.  Unbacked paper it is, even though it wasn’t always that way.  The dollar’s backing of gold lasted until Nixon finally removed the last smidgen of backing, and since then there’s been no limit on how much can be printed, and is.  The last silver coin was minted in 1964.  The last copper penny was minted in 1981.  Even the pennies are fake! Wouldn’t it be nice to be able to print your own money for all you wish and need?  I mean, that would be like an Aladdin’s Lamp, wouldn’t it?  Just turn on the press and print what you need and want, with no limits.  Whoopee!

That’s about the way it is in D.C.  The Congress continually creates new bureaucracies and new agencies to further control and regiment us into slavery.  The Federal Reserve and D.C. Gang, have for all practical purposes, bankrupted America.  The national debt, interest included, is stratospheric, and grows continually, as my web site shows.  As if the close to $10 trillion wouldn’t be difficult to pay, imagine $50 trillion.   That works out to about $165,000 for each man, woman and child in America.  I haven’t got $165,000…do you?  Well, the debt keeps growing, and the interest on close to $10 trillion, all goes to the Fed, a privately owned bank.