10 Things That Every American Should Know About The Federal Reserve

What would happen if the Federal Reserve was shut down permanently? Most Americans don’t really think about the Federal Reserve much. Most Americans are content with believing that the Federal Reserve is just another government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all. In fact, far from it. The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt. If you don’t believe that your not listening. The Federal Reserve has more power over the performance of the U.S. economy than anyone else does. The Federal Reserve controls the money supply, the Federal Reserve sets the interest rates and the Federal Reserve hands out bailouts to the big banks that absolutely dwarf anything that Congress ever did. If the American people are ever going to learn what is really going on with our economy, then it is absolutely imperative that they get educated about the Federal Reserve. The following are 10 things that every American should know about the Federal Reserve…. #1 The Federal Reserve System Is A Privately Owned Banking Cartel #2 The Federal Reserve System Is A Perpetual Debt Machine #3 The Federal Reserve Has Destroyed More Than 96% Of The Value Of The U.S. Dollar #4 The Federal Reserve Can Bail Out Whoever It Wants To With No Accountability #5 The Federal Reserve Is Paying Banks Not To Lend Money #6 The Federal Reserve Creates Artificial Economic Bubbles That Are Extremely Damaging #7 The Federal Reserve System Is Dominated By The Big Wall Street Banks #8 It Is Not An Accident That We Saw The Personal Income Tax And The Federal Reserve System Both Come Into Existence In 1913 #9 The Current Federal Reserve Chairman, Ben Bernanke, Has A Nightmarish Track Record Of Incompetence #10 The Federal Reserve Has Become Way Too Powerful The Federal Reserve has become so powerful that it is now known as “the fourth branch of government”, but there are less checks and balances on the Fed than there are on the other three branches. The Federal Reserve runs the U.S. economy but it is not accountable to the American people. We can’t vote those that run the Fed out of office if we do not like what they do. Yes, the president appoints those that run the Fed, but he also knows that if he does not tread lightly he won’t get the money from the big Wall Street banks that he needs for his next election. Our founders did not intend for a private banking cartel to issue our money and set our interest rates for us. The one question I think we all are missing is this… Why is the Federal Reserve printing our money and setting our interest rates? Most Americans assume the U.S. Federal Reserve is a powerful government... read more

Bitcoin Is A Game Of Confidence

Meet the new Wolf of Wall Street: Bitcoin, the anonymous computer currency. And boy do we mean anonymous. Let me make sure we got this right. We have a virtual currency, backed by absolutely nothing except the fierce belief in the integrity of a complex mathematical formula which few of its proponents even understand, and is proving to be little more trustworthy than the U.S. dollar, after hackers tested and defeated controls put in place to manage it, and then fail at the first hurdle. Yeah, that sounds about right. Repeat after me… Bitcoins are not money. The market value of one Bitcoin has gone from about $2 to $1,000 in a year. Seriously? This virtual currency was created out of thin air and is being managed by people, whom we don’t know, and nobody is supervising them. In their defense, how can we supervise them, we don’t know who “they” are! So one must ask if there isn’t a very big risk that the ‘creators’ could disappear with all your money. No, they would never do that to us would they? “Virtual currency like Bitcoins are innovations that deserves great caution, given the lack of any guarantees and responsible parties to back them in the longer term or evidence that this isn’t just another Ponzi scheme.” In reality, Bitcoin creators are faceless and anonymous and you have no idea if they are cyber-criminals or well intentioned people who are looking out for you. As far as I am concerned, Bitcoin is just another tool, another penny stock, another empty shell company. In the fall of 2011, bitcoin was at $2. By November 2013 it had risen to more than $1,000! If that’s a currency, those bitcoinians must be some productive citizens. A currency built by hackers and anonymous code-writing anarchists offers a pretty weak alternative to our current monetary system. But if you saw the movie, you know that “wolves” lure the unwary in, let them feed and grow comfortable for a while – and then the wolves pounce. “If you don’t hold them in your hands, you don’t own them!” When you buy Bitcoins, you own a piece of a trust – you do NOT own any actual metal. You cannot trade your shares in for actual gold coins. In a crisis situation or Bitcoin collapse (remember Mt Gox), all you have in your hands is a piece of paper saying you own a share of Bitcoin. It’s just as well anyway, because by that time the piece of paper will be worth more. Bitcoin confidence game, PERIOD! Yet, even after reading this blog, there will be some people who will lining up to support Bitcoin because they believe in the importance of virtual currency. It seems like every day the news reports well-meaning business owners who proudly display their geek cred – and complete lack of real business sense – by pointing out that they accept Bitcoin. Nobody, however, seems to be pointing out that nothing whose worth is so inherently and unpredictably volatile should be... read more

How safe is your money if your bank gets hacked?

The FBI is looking into the reported cyber attack on JPMorgan. Earlier this week, many reports surfaced that one of the worlds largest bank was just one of seven major American banks reportedly hit by hacking attacks. JPMorgan is saying no accounts were compromised and that no personal data was taken, but would they really tell us the truth? It’s a very disturbing to say the least. If your credit card information is stolen, you can call the credit card company and explain to them them it wasn’t you making the charges and it’ll be fixed. But if someone steals your bank account you’ve got major problems. All bank accounts are insured by the FDIC (Federal Deposit Insurance Corporation), but that will only cover you if the bank fails. Your deposit insurance protection does not apply in the case of theft or fraud. When you deposit your money in the bank, you are giving the bank permission to use it. And trust me, they do. If that bank fails then the FDIC kicks in and hopefully you get your money back. This is not always the case. Just look at Cypress or any other country where their monetary system has collapsed. Right now, there looks to be more questions than answers when it comes to the recent banks attacks. How many customers data has been stolen? How long did hackers have access to the banks systems? Most times, a hacker simply needs to access your primary email account to have full access to your life. Online banking and other companies like Paypal will send a lost password to your email account. By requesting a lost password from your banking site, the hacker (who also has full access to your email account) has full access to your accounts. Whenever possible, use a separate email account for your bank account and personal emails. And, to protect yourself from identity theft, use these simple Internet safety tips: 1. Never use the same password twice. For instance, your bank password should not be the same as your email password. Use a unique password for each site. 2. Opt for a hard to guess password that does not include any details from your personal life. Never use part of your social security number or name as part of a password. Store your passwords offline on a written form. This will reduce the temptation to use a simple password. 3. Don’t share personal details like your bank account number, social security number and date of birth or even mother’s maiden name. 4. Check your bank account balance weekly. If you notice any suspicious transactions, contact the bank immediately about potential fraud. 5. Devote one primary email address exclusively for bank use. And, then use a separate throw-away email address when signing up for freebies and online forums. This will reduce the possibility of identity theft from online hackers. Are you awake Yet? Stay in touch and receive more insights with the America’s Great Awakening Newsletter. To sign up click... read more

Injustice Anywhere: How Can We Trust Our Police Officers and Prosecutors Anymore?

How many innocent people are convicted on false charges from police? It seems like every day we hear something in the news about another police shooting of an unarmed man or the mistreatment of its citizens during a checkpoint or traffic stop. Misconduct by Police encompasses illegal or unethical actions or the violation of individuals’ constitutional rights by police officers in the conduct of their duties. Examples of police misconduct include police brutality, dishonesty, fraud, coercion, torture to force confessions, abuse of authority, and sexual assault, including the demand for sexual favors in exchange for leniency. A quick search of Youtube and you can find all the evidence of this misconduct you want. But, what if a police officer makes up charges? Can it happen? Does it happen? What you are about to see in the video below is very true and quite disturbing. It was all caught on video. Had it not, this gentleman would have been prosecuted and he is clearly innocent of all charges. Pay close attention to how the cops act during the traffic stop and see if you can point out any police misconduct. Notice how the cops tries assert his authority in order to get the man to just comply. The officer knew he was in the wrong and tries to use threats in order to get the man to just go along with the program. Then pay real close attention to Prosecutor Greenwood. He has some interesting things to say about how things really work. The video is a little tough to watch. The guys does go into some detail of what is happening. Stay with it and you will see the ugly truth. I verbally objected to an unconstitutional search of my vehicle in Electra, Texas. Police officers Matt Wood and Gary Ellis maliciously responded by issuing me two false citations. I got a copy of the dashboard-camera video at the pretrial hearing. It showed all. City attorney Todd Greenwood demanded I give my copy of the evidence back, and tried to have me arrested when I refused. Todd Greenwood then compared rural Texas to the movie Deliverance, and warned me “What’s written down in the Constitution is one thing, and the real practice is another.” All charges dropped. Section 1983 anyone? How many times has this happened to someone who was not fortunate enough to have video? It’s looking like our own Government poses as the biggest threat to us. The land of the free–where government is running amok, ruling with an iron first and where citizens feel less and less safe in the presence of police. It may feel safe to live in the US, but we are a full-blown police state–a reality where we are not welcome to question our police or speak out against our own government. The scary part is how easily it could happen to any one of us. An innocent traffic stop can turn into a nightmare and spiral into a confusing and frightening justice system. Even if you are innocent it may cost... read more

National Defense Authorization Act Can Jail You for Belligerence Acts?

December 31, 2011, President Barack Obama signed into law the National Defense Authorization Act (NDAA). The Act was passed in the House of Representatives on May 26, 2011 by a vote of 322 to 96. The Act was passed in the Senate on December 15, 2011 by a vote of 86 to 13. Below is an excerpt from the Act, the wording of which makes it legal to incarcerate United States citizens without recourse to any form of judicial process. Essentially these words say that if the government deems any person to have committed a “belligerent act” that person can be detained indefinitely without trial. Subtitle D — Counterterrorism SEC. 1021. AFFIRMATION OF AUTHORITY OF THE ARMED FORCES OF THE UNITED STATES TO DETAIN COVERED PERSONS PURSUANT TO THE AUTHORIZATION FOR USE OF MILITARY FORCE. (a) IN GENERAL. — Congress affirms that the authority of the President to use all necessary and appropriate force pursuant to the Authorization for Use of Military Force (Public Law 107–40; 50 U.S.C. 1541 note) includes the authority for the Armed Forces of the United States to detain covered persons (as defined in subsection (b)) pending disposition under the law of war. (b) COVERED PERSONS. — A covered person under this section is any person as follows: (1) A person who planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001, or harbored those responsible for those attacks. (2) A person who was a part of or substantially supported al-Qaeda, the Taliban, or associated forces that are engaged in hostilities against the United States or its coalition partners, including any person who has committed a belligerent act or has directly supported such hostilities in aid of such enemy forces. (c) DISPOSITION UNDER LAW OF WAR. — The disposition of a person under the law of war as described in subsection (a) may include the following: (1) Detention under the law of war without trial until the end of the hostilities authorized by the Authorization for Use of Military Force. What is a “Belligerent Act”? For the purposes of defining what a “belligerent act” is, with respect to a US citizen, how does the government differentiate between an act of war against the United States vs. a lawful protest against the government? Prior to this Act, such a distinction would have to be decided in a court of law by a jury of a citizen’s peers. With the signing of the NDAA, the government is claiming the right to decide this unilaterally, without any judicial proceedings and no legal representation afforded to the accused. Can the US government now proclaim that the constitutionally protected act of protest against the government is a “belligerent act” and legally lock up those who participate in such a protest? Did these protesters deserve to be pepper sprayed. They did not wrong other than exercising their rights. This is how Government and cops treat it’s citizens. Constitutionally Speaking The provisions of the NDAA highlighted above are blatantly unconstitutional. The Fourth Amendment to the Constitution prohibits warrantless... read more

How Long Can the Fed Have It Both Ways?

Fed officials have begun tapering. The flow of freshly printed cash flooding into the markets to buy Treasuries and mortgage securities has dwindled from more than $80 billion per month to a “mere” $25 billion. Fed bond purchases using newly created money appear likely to end altogether. (But Fed officials have not suggested they would sell the trillions of dollars in bonds they now hold.) Interest rate hikes could be coming. Partly in reaction to this shift in Fed policy, the dollar has strengthened, and the precious metals markets have struggled to move up. But some market movements are difficult to explain. Record equity market valuations and lower Treasury yields don’t make a lot of sense if the flow of newly printed Fed cash is coming to an end. Markets are famous for being irrational. There are plenty of examples of counterintuitive moves persisting for some time. But we don’t think investors should expect the current dichotomy to last forever. The strength in the market for U.S. Treasuries is perhaps the most bizarre. Prior to tapering, the Fed bought more than 80% of all new issuance. Some rightly wonder how the central bank could now prevent bond yields from rising as needed to attract replacement buyers. Perhaps all is not quite as it appears. About the time the Fed implemented the first round of tapering, a mysterious new buyer suddenly appeared on the Belgian-based Euroclear clearinghouse. This buyer filled the enormous demand void left by the Fed. The surge in holdings is attributed to Belgium itself in the reports, but don’t be misled. The tiny nation is simply where Euroclear is based, and the real buyer remains a well-guarded secret. The secret buyer of U.S. government debt may well be the European Central Bank in cooperation with the Fed. It is also quite possible our privately held and unaccountable central bank is working with some other proxy. The market-manipulators at the Fed can certainly create the illusion of buyers clamoring to buy Treasuries at epic low yields — even if they can’t have it in reality. The Fed is all about psychological manipulation. Are you awake Yet? Stay in touch and get more insights with the America’s Great Awakening Newsletter. To sign up click... read more

Is Social Security is a Ponzi scheme?

Let’s take a look at the at the facts and then you decide if Social Security is a Ponzi scheme. First, understand that Social Security coerces us through force to be a part of it. Since SS began in 1935 the full force of the U.S. government has compelled all it’s citizens to suffer by it, such that we all do so now. It’s not voluntary by an means. Does any business use force to get you to use their services? Think about it. Let’s think about this while you’re at it. You invest in a program that uses threats and force to get you to participate, you have no clue (nor will they tell you) how your investment is being made, you have no idea what fees you are going to incur over the life of the investment, and you have no idea what the rate of return you can expect on your investment. Does that sound about right? Are we crazy? To better understand Social Security as an investment, one should look at the workings of private sector annuities, pensions, trusts, and similar investment options. In such cases purely voluntary investments are written and enforced by courts; clients pay money into the investments, the fiduciary invests and grows it, and over time pays back funds with a gain to clients. Of course, results depend on the investment, but the integrity, safety and soundness of this private contract-based system fosters saving, investment and prosperity. If fiduciaries or trustees violate contracts in any way they can be sued, fined and jailed. A Ponzi scheme, like Bernie Madoff’s scheme, is an operation that pays alleged “investment returns” to clients from the clients’ own paid-in funds and with payments by subsequent clients, rather than from investments in productive assets or securities. The scheme entices new entrants by false promises of returns that are unrealistically high, ever-rising, or even abnormally-stable, all of which require ever increasing inflows and hordes of additional dupes, to keep all the scheme going. Unless the scheme keeps growing and spreading, in time it must collapse, as the outflows swamp inflows; the game halts when claims exceed the cash. In other words: A Ponzi scheme is generally a system in which investors think they’re investing in something real but are instead being used to pay one another back. Eventually, the scheme runs out of new investors and collapses. Here’s how the Social Security Administration — which by the way, has a whole web page explaining why its not a Ponzi scheme — describes Social Security: “It would be most accurate to describe Social Security as a transfer payment–transferring income from the generation of workers to the generation of retirees–with the promise that when current workers retire, there will be another generation of workers behind them who will be the source of their Social Security retirement payments.” Both Social Security (since 1935) and it sister program, Medicare (since 1965) have been insolvent for years, as is typical of a Ponzi scheme, and despite the increases in the tax rates... read more

The Corrupt Banking System Explained By a 12 Year Old

Does 12-Year-Old Victoria Grant understand more about our banking system than you? Victoria Grant is the 12 year old Canadian girl who was brave enough to stand in front of the Public Banking Institute conference in Philadelphia and tell the audience, full of bankers, why banks really suck. The nub of her confident analysis is that banks are screwing Governments as well as customers, and since customers also pay taxes to service national debt, banks are screwing them twice over. There is no doubt we need a better system where “We The People” have authority over our own money. Watch or read what Victoria Grant has to say about banks. Although she is talking about the bank of Canada, the U.S. is in the same boat. News flash, the whole world is under this same system. [Victoria Grant Speech] You can watch the video or scroll down to read the speech. [Transcript] Have you ever wondered why Canada is in debt? Have you ever wondered why the government forces Canadians to pay so many taxes? Have you ever wondered why the bankers from the largest private banks are becoming wealthier, and the rest of us are not? Have you ever wondered why the gross national debt is over $800 billion dollars? Or why we are spending $160 million dollars a day on the interest of the national debt? That is $60 billion dollars a year! Have you ever wondered who receives the $60 billion dollars? What I have discovered is the banks and the government have colluded to financially enslave the people of Canada. I will share with you three important points of reference which will hopefully spark enough interest and concern for you to continue the research on your own and to engage your government to stop this criminal act against the people of Canada. First, we will briefly examine the Bank of Canada. Second, we will see how the banking system works today. And lastly, I will offer a viable solution that we can petition our government to implement. A very little known figure in Canadian history is Gerald Grattan McGeer. He was a lawyer, a Member of Parliament and Mayor of Vancouver. His contribution to Canada is probably one of the greatest in our history. He championed the creation of the National Bank of Canada whose sole purpose is to create and manage Canada’s money. It was formed on July 3rd, 1934 and owned by all Canadians. Until the 1970’s, because of the Bank of Canada, Canada’s national debt was held at a constant manageable level until the government decided to implement what we now have as our modern banking system that is robbing the Canadian people. So how are they robbing us? Allow me to explain how our private banks and government work today: first the Canadian government borrows money from the Private Banks. They then lend the debt based money to Canada, with compounded interest. The government then continues to increase taxation of Canadians, year after year, in order to pay back the interest... read more
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