Saturday, September 20, 2008

Federal Reserve Restrucuring is needed NOW !!!

I know I am not in your district but I sent this to all three of my congress reps. Congressional leaders say they don't know what to do...I DO. This "private bank" got the biggest no-bid contract in the history of the world and paid ZERO for that "privilege"...and they have blown it before.

Federal Reserve Restructuring is needed NOW !!!

If the following do not want to give what other large depositors of a regular bank give....i.e...INTEREST earning checking accounts then we need to change banks for a central bank that WILL pay interest on OUR deposits and for the "PRIVILEGE" on doing business WITH and FOR the American People's money.

Who owns the FED?

Maybe KeyBank would like to be the FED's new "Charter Bank" and get the US Treasuries' business?

When the FED was set up the problem was that the US Treasury was CHARGED interest on the money printed for use as charged by Congress which Constitutionally is the ONLY branch who has power of the purse. It SHOULD have been set up that the treasury printed money and LENT it to the Fed at a .5% interest rate for government budget items and another amount printed at 1% interest to be used in the private sector. With US Treasury agents included at the TOP of the banks corporate structure AND in the auditing sections along side the bank employees. THUS…when printing money and operating the government we would EARN money as a society as the GDP grew. Instead our national debt has RISEN since Reagan vis-a-vis the GDP. Clinton lowered it but…King Gorgie Jr has expotentially raised it to the point of this collapse we are seeing and the loss of our precious treasure of human lives in needless wars.

I think the Declaration of Independance needs to be looked at seriously again:

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. ”

YouVideo Video:
Restructure the FED without Tax Money

Robert H. Williams