If anyone gets a chance to read the book "The Creature From Jekyll Island" by G.Edward Griffin. I can say it is a must read to learn about the insidious nature of the robber barons. Monopolies are not created by a very limited government.These monopolies only happen when there is government interference in favor one corporation over another.They do this by buying off politicians to pass laws that gives the corporation an upper hand for a certain favored Tycoon so they can shut down any competition That is how they create these monopolies.
It is the same with the Federal Reserve Act were Congress hands over their Constitutional power and responsibility to coin money and determine the value thereof to Private Central Bankers creating a monopoly over the issuance of the currency.Government intervention at it best.This gave them power over the economy to control trade and commerce.When the Federal Reserve Act was just a piece of Legislation. It was promised this bill would stop booms and busts in the economy. This bill was sold to stop panics on the banks and would keep us out of a depression was the talking points of the day. It did not stop the crash of 1929 and the Great Depression. The Federal Reserve Bank orchestrated it by design.
Now we fast forward to today. The Federal Reserve Bank controls all of the economy.Last year.There was legislation that passed congress and now law. It made this Private Central Bank the financial dictator over the whole economy deciding who are the winners and losers in this global economy. The Federal reserve bank is printing money to bail out Wall Street putting the burden on the people to pay for this through a hidden tax called inflation.The Federal Reserve Note is the currency of the day. This Fiat money is a legalized counterfeiting operation because it was made legal tender under the Federal Reserve Act. This central bank is now has a choke hold on the people and the economy. The value of the Dollar is being debased and devalued which is a direct violation of the Coinage Act of 1798. To debase and devalue the currency by counterfeiting is punishable with death by this act of Congress. The Head of the Federal Reserve is firing up the printing presses debasing the currency by every dollar that is printed to keep Wall Street afloat.
The head of the Federal Reserve Ben Bernake is doing QE-1 starting on QE-2 and planning on QE-3. QE meaning Quantitative Easing meaning pumping money into Banker's and Wall Street's pockets for there benefit only. To us people who live on Main Street and not on Wall Street. Quantitative Easing for Wall Street is Quantitative Squeezing for the rest of us on Main Street.We feel it at the gas pumps when we fill up our cars and when we shop for food at the Supermarket. Our wages are not going up,But the prices on all the consumables we need are.Everyone feels it in their wallet because the purchasing power of what we earned is diminished because Quantitative Easing for the Wall Street fat cats is Quantitative Squeezing on us. We are paying higher prices to benefit the few at the expense of many. Our very livelihoods are at the mercy of Robber Barons.It seems like there is no end in sight. No relief coming.
Among the Elites who run the central banks as John D Rockefeller said"Competition is a sin" meaning they want to control it all and not have to compete with an other for business.Bernard Von NotHaus was convicted for minting the Ron Paul Liberty Dollar in Federal Court. His crime?Minting Recently collectible Gold and Silver coins that was the Legal tender before the Federal Reserve Act was law. These collectible gold and silver coins in circulation posed threat to the bankers monopoly on the issuance of the currency because gold and silver is real money.Not funny money fiat currency.They could not allow an alternative form of currency to compete with the worthless Federal Reserve Note. When people have real money in their hands. The bankers can not control the value of currencies backed by precious metals.They can not manipulate it and control it. If this alternative form of currency was ever to be used as real money traded for good and services.They would lose control of the economy. That is a threat to their monopoly on power that really frightens them because their fraud would be exposed.
Now seeing the writing on the wall seeing the Federal Reserve bank is destroying the economy. States are feeling the shortfall in the budgets and their economies deteriorating. Some State Legislators in a handful of States have been forced to take a look at some action to keep their states functioning in the light of an economic collapse because the devaluing of the dollar.The State of Utah has passed a bill in both houses making gold and silver legal tender. This I can say with out it being reported that it is sending shock waves to the Federal Reserve Bank and has emboldened States to follow Utah's lead. The Utah governor has not signed the bill yet making it law. If the governor vetoes the bill. The Legislator can override the veto by both houses making it law without the governor signature or the governor can sign it that would have other states empowered to act in following Utah's path. State Legislators now has bills filed in Virginia,Georgia,South Carolina,New Hampshire and Tennessee. If these States follow Utah's example.We can have a constitutional standoff between the states who make gold and silver their currency and the Federal government being the Bankers hired gun to try to squash any movement toward sound money.
If the Governor of Utah signs this bill and becomes law.Can we see the Federal Government coming in like they did with the Liberty dollar to seize the mold,dyes,gold and silver too? If the Federal Government comes into confiscate everything.Will there be a armed confrontation between the state's police forces and Federal agents trying to stop the minting of coins? Will the Bankers try to use Utah as an example telling other states not to dare try to have their own money.This will happen to you if the Feds are successful stamping out anym move to towards honest money . I can tell right now the governor of Utah is under tremendous pressure from the people and the Federal government. The people want sound money. The Federal government being the Bankers henchmen might have threatened the Utah Governor.Threats to do what they did to John F. Kennedy in Daley Plaza in Dallas after he signed an executive order to print silver backed dollar and retire the Federal Reserve Note. It is not reported too much this bill passing in the Utah Legislator is because the establishment wants to suppress popular support from within Utah and outside the State. Utah has the Bankers scared big time.
Why are the Bankers scared?Because if the Utah Governor signs the bill and the Federal Government fails to stop the state using Gold and Silver backed currency.Many other states like dominoes in a chain reaction will follow Utah's lead. This can cause the Federal government to collapse like the Soviet Union if a good number of states are using honest money and the Federal government has only worthless paper to fund itself that can not compete with a precious metal backed currency. It is a threat to their power. Sound money is the bankster's worse nightmare .When the Federal Reserve note becomes obsolete because it can not compete with sound money. So will the choke hold of the Federal government and the Bankers we will be free from too.It is just a matter of time.
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