CounterRevolutionary

Why should we pass Senate bill 264, Audit the Federal Reserve? It will be on the floor of the Senate for debate just after Thanksgiving.

Look at this graph: The purchasing power of the dollar is only 3 Cents today. Notice the dates, such as 1914 when the Federal Reserve Bank was founded; 1918 while funding the Bolshevik Revolution, or 1930 at the crash of the stock market when Fort Knox was drained of all its gold and shipped to Stalin and Hitler.

Note that the purchasing power of the dollar in 1963 was 30 cents, and half a century later, today, it is 3 cents. If the Fed prints ten times as much money beyond our production, our dollar is reduced to 1/10th its purchasing power.

This used to be called COUNTERFEIT, but today we call it quantitative easing.
I don't want a raise, I want the government to double the buying power of my dollar. The printing presses are humming as we speak. Turn off the bubble machine.

Call your Senator and tell him to pass this bill S 264

CounterRevolutionary

ttp://www.thenewamerican.com/economy/commentary/item/22010-congress-votes-to-raid-fed-s-slush-fund-to-pay-for-highways/
Congress Votes to Raid Fed’s Slush Fund to Pay for Highways
Written by Bob Adelmann

" The Fed has, for the last 102 years, been a gigantic money printing press that has morphed — via “mission creep” — into the government’s largest and most invasive federal agency, with its actions affecting every financial transaction undertaken by every American every time he or she spends a dollar. Sold initially back in 1913 as the “lender of last resort” for banks that got themselves into trouble, the Fed has since the Great Depression become Congress’ “lender of first resort” when taxpayers refused to be mulcted further directly through tax increases.

As a result, the Fed has been financing congressional deficit spending for years, indirectly taxing those taxpayers through inflation — the gradual incremental loss of purchasing power of their money..."

Loki Loc: Georgia

You are correct. If you have not done so, I would recommend your reading The Creature From Jekyll Island by G Edward Griffin.
It goes into detail about the formation of the Federal Reserve. Did you know that the original Council On Foreign Relations membership was basically a who's who of the Fed Founders? Today, and ever since the FDR Administration, almost every president and cabinet member has been a member of either this organization or it's byblow, the Trilateral Commission.
Founded in 1921, the CFR was fairly small potatoes until the FDR Administration.

CounterRevolutionary

Loki, I am pretty familiar with the Fed's history, although there is so much none of us know about. The entire principles of human trust in fair trade have been so undermined by the Federal Reserve Bank through this constant devaluing of our dollar's purchasing power, that we must conclude it is an appendage of the Communists within Congress.

Ask yourself, why has the Federal Reserve Bank deliberately devalued the honestly merited profits of Americans labor and savings, just to prop up communism abroad with paper fiat, fully aware of a centralized planned economy's shortcomings, being a failed socialist experiment from the get-go?

This is slick socialism, pitched to the poor as a honey coated hoax, that they might perish all the sooner.

dwallace2015

Won't do much good, the bulk of the Democrats are in the same boat as the President. A lot of the Republicans have too much money at stake to make this kind of change. (After all, how do you think most of them became rich?) Get on the internet and look up "Legislators Net Worth", it will open up your eyes. Virtually all of them, Democrats and Republicans are out and out millionaires, with lots to lose, partisan politics aside.