by Marvin J Ramirez
Marvin J. Ramirez
As I listened to most of the Democrat and Republican candidates during this past Big Tuesday spit their slogan of the day, that they will do this, that they will do that to fix the economy, none of them seemed to care that our country’s economic problems are resumed in one single sentence: Private and foreign banks are controlling our constitutional government and our lives through the printing of our own money, and lending it back with interest. But, who are they?
In an article we just received in the El Reportero’s email address, Dr. Edward Flaherty, of the University of Charleston, in West Virginia, asks the question no politician from any of the traditional political parties ask during their campaign: ‘Who owns the Federal Reserve Bank,’ and why it is important to know?
“Is the Federal Reserve System secretly owned and covertly controlled by powerful foreign banking interests? If so, how? These claims, made chiefly by authors Eustace Mullins (1983) and Gary Kah (1991) and repeated by many others, are quite serious because the Fed is the United States central bank and controls U.S. monetary policy,” explains the article.
By changing the supply of money in circulation, the Fed influences interest rates, affecting the mortgage payments of millions of families, causing the financial markets to boom or collapse, and prompting the economy to expand or to stumble into recession,” says Flaherty in his article, in which he cites these observation to come from authors Eustace Mullins (1983) and Gary Kah (1991).
A call for the abolition of the Federal Reserve has been made over the years since its creation in 1913, although the media hasn’t covered it in the way they cover a super bowl or a boxing match. The schools of economics don’t get into this subject in the classroom, nor law schools teach future lawyers about the unconstitutionality of using currency not backed by gold or silver.
From the video, The Money Masters: How International Bankers Gained Control of America, a script was produced by Patrick S. J. Carmack.
Since the turn of the century, explains the script, there has occurred throughout the world a major increase in debt and a major decline in the freedom of individuals, and of states, to conduct their own affairs. To restore a condition of widespread, modest wealth is therefore essential to regaining and preserving our freedom.
“What’s going on in America today? Why are we over our heads in debt? Why can’t the politicians bring debt under control? Why are so many people – often both parents now – working at low-paying, dead-end jobs and still making do with less? What’s the future of the American economy and way of life?”
The script continues to question why does the government tell us inflation is low, when the buying power of our paychecks is declining at an alarming rate? Only a generation ago, bread was a quarter and you could get a new car for $1,995!
“Are we headed into an economic crash of unprecedented proportions – one which will make the crash of 1929 and the Great Depression which followed look like a Sunday school picnic? If so, can we prevent it? Or, will we simply arrive at the same point through more inflation-caused poverty, robbing Americans of their savings, fixed incomes and wages by imperceptible degrees – reducing their purchasing power. What can we do to protect our families?
Those talk show hosts most of us happily watch and make us laugh every night should be the ones asking those questions, instead of just distracting us from reality. These should be the questions asked to those politicians trying to proof that they are running for office because they care about the people and their country.
Banker and former Presidential candidate Charles Collins is a lawyer, has owned banks, and served as a bank director. He believes we’ll never get out of debt because the Federal Reserve is in control of our money, cites the script.
“Right now, it’s perpetuated by the Federal Reserve making us borrow the money from them, at interest, to pay the interest that’s already accumulated. So we cannot get out of debt the way we’re going now.”
Economist Henry Pasquet is a tenured instructor in economics. He agrees the end is near for the U. S. economy.
“No, not when you are adding roughly a billion dollars a day. We just can’t go on. We had less than 1 trillion dollars of national debt in 1980, now it’s $5 trillion – 5 times greater in 15 years. It just doesn’t take a genius to realize that this just can’t go on forever.”
