Thursday, December 26, 2013

Happy 100th Birthday, Feral Reserve!

The Feral Reserve has now turned 100 years old.  For the past century, the Feral Reserve (not a typo, since they are really no more "federal" than Federal Express) has been in charge of our nation's money supply and interest rates.  Owned by the big banks and run by a few unelected individuals, this Creature from Jekyll Island has had enormous financial power over us all for the past century.  They have created numerous business cycles, serious inflation, and made a killing by charging interest on the money they have printed while getting the nation into ever-deeper debt.  And it's long past time to end it.

As recently as last year, the TSAP party platform called for abolishing the Fed entirely and going back on the gold standard.  But we have discovered a much better way instead.  What is America's best kept secret?  Look no further than North Dakota, the only state to avert the Great Recession--it's called public banking.  Because it works.  The TSAP now believes that the Fed should be replaced by a truly public national bank.  One that is fully accountable to the people, and lends money to the goverment interest-free.  The power to create money should be returned to its rightful owners--a government of We the People, not a faceless quasi-private entity controlled by a cabal of international elite bankers.  And if we were to nominate a chairperson, it would have to be Ellen Brown, author of Web of Debt.

What better time than now?

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