Thursday, May 27, 2010

Ron Paul: Inside Sources Told Me Fed Is Panicking At Mass Awakening

The Gay Secretary

When you have a private central bank such as the Federal Reserve System (which is no more "Federal" than Federal Express) issuing the public currency at interest, then the moment that first printed piece of paper goes into circulation, more money is owed to the Federal Reserve than actually exists. As new borrowers are found to allow creation of more currency, the interest on the old money gets paid in what amounts to a giant pyramid scheme, but in the end, the cumulative debt always outstrips the available currency.

That is the trap.

The system works as long as ever larger pools of new borrowers can be found to create new money to pay the interest on the old money. But when everyone in the country (or planet) is already a borrower and nobody will borrow any more, then the pyramid collapses which is what is happening right now.

The scale of the swindle by the Federal Reserve makes Bernie Madoff-with-the-loot look like a kid who wraps scotch tape around their fingers backwards to grab a coin from the church collection plate as it passes by.

But despite its size, the central bank system is a pyramid and doomed to collapse like one.

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." -Woodrow Wilson, after signing the Federal Reserve into existence

1 comment:

golden*nugget said...

Hello, your blog is very informative and straight forward, I like your style of writing. Perhaps we can collaborate our blogs? I hardly write alot on my blog lately. I notice blogspot has a feature where several people can post on a blog. I am looking to share my blog with a like minded poster. I am well aware of the utter destruction Israeli/Zionist Jews have done to America, and the western world at large, I point that out on my blog. Anyway if you are interested in communicating let me know, I do like to chat about such stuff. I have a yahoo messenger account.

Parking Tickets

Parking Tickets
Can I pay my tickets here?

Let 'em Hear it

Add to Technorati Favorites

Gottcha, scofflaw

Gottcha, scofflaw

Hottest T-Shirts on the Web


Favorite Scofflaw Movies

  • The Godfather
  • The Usual Suspects
  • Dirty Harry
  • The Good, The Bad and The Ugly
  • The Treasure of The Sierra Madre
  • The Long Good Friday
  • Pacific Heights
  • Midnight Cowboy
  • Highway61
  • Duel
  • Catch Me if You Can
  • Glengarry Glenn Ross