Economic Cataclysm 101

[Msaural]

If you don't fully understand how our economy has become what it currently is and why, if you don't understand who or what is to blame, if you don't understand why our Government has chosen to bail out the banks, if you don't know about the role of the Federal Reserve is in this mess, if you think that nationalizing our banking system is wrong, then take this rather elementary-level video seminar.

This 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created.

Now learn about the Federal Reserve:

 

GET IT NOW?

[Lb128f]

Mar. 10, 2009 at 5:42 PM

Thanks for sharing these!!

[Della529]

Mar. 11, 2009 at 8:29 AM

The Federal Reserve is a disgrace.  Now, Ben Bernanke wants more power allocated to the Federal Reserve:

“Effectively identifying and addressing systemic risks would seem to require the involvement of the Federal Reserve in some capacity, even if not in the lead role,“ Bernanke said.

http://www.msnbc.msn.com/id/29616355/

But, look at Ron Paul's take on it in 2002:
ABOLISH THE FEDERAL RESERVE

http://www.house.gov/paul/congrec/congrec2002/cr091002b.htm

Our early leaders understood:

"A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated 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 world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." — President Woodrow Wilson

"I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance. The
issuing power (of money) should be taken away from the banks and restored to the people to
whom it properly belongs." — Thomas Jefferson, U.S. President.

"If Congress has the right [it doesn't] to issue paper money [currency], it was given to them to be used by...[the government] and not to be delegated to individuals or corporations" — President Andrew Jackson, Vetoed Bank Bill of 1836

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison

[Msaural]

Mar. 11, 2009 at 10:32 AM

Thanks so much for your input.  Let us not forget the wisdom in these words, "Those who do not learn from history are doomed to repeat it."  In the case of our economy, the historical facts clearly set forth the actions of  the world's greediest men who sought with malice and considerable conspiracy to assure the footing of a private enterprise on U.S. soil known as the Federal Reserve. The facts evidence the premeditation of those behind the Federal Reserve to propel this nation and its people into perpetual debt and to control our Government.  It has deliberately hidden its true face from the people, disguising and masking itself  as a Government entity so the citizens would not question its intentions and tactics.  It must account to no one, it need not disclose its dealings, nor its profits and never must it succum to scrutiny, not even by the Government that permits its continued existence on our soil!  Clearly, the winners in this scam are those behind the Federal Reserve who have been for years, still are and will continue to make huge profits in light of our Government's current plans to spend trillions it does not have.  The rich get richer and the poor get poorer.  Is it any wonder why we have been pushed to spend money that we do not have?  Is it any wonder why so many live paycheck to paycheck and why using credit has become a way of life?  Is it any wonder that we have not been urged to save money and why for so many years there has been no incentive for us to do so (take a look at interest rates paid on savings--practically nothing is paid on monies held in savings accounts). Is it any wonder that we live in a "disposable" society where nothing is expected to last for long and from the very youngest of us to even our elderly, we are enticed, no practically brainwashed into wanting to possess more and more, to strive for the outward appearance of financial success and status from the clothes we wear to the cars we drive, to the point where most can no longer distinguish between wants and needs? Because our economy is running on something that does not exist!  The idea is to keep us in debt because it is debt that creates this invisible money.  Thus, filling the pockets of those who control our banking system!  And now we are being lured by so-called financial advisors, despite the current state of our economy, to continue accruing debt by their trying to convince us that there is a difference in debt; "good debt", debt you incur which will allow you to obtain higher amounts of credit and therefore more debt, and "bad debt", debt that lessens the amount of credit you can obtain and thus you cannot contribute to the combined escalating debt of whole.  Do not be fooled.  Debt of any kind is bad, especially in a climate where it cannot be paid.  But, even this affects not the pockets of the greedy.  As can be seen now.  When the people cannot pay, the Government must step in and infuse the economy with even more debt.  Think hard about the stimulus checks received last year.  Did you think the Government did this to be nice?  Not a chance.  They knew full well that it was unlikely the people were going to use this money to purchase anything with cash.  The thought was that people would pay on debt, thereby loosening credit, allowing more purchases on credit,  thereby creating new debt and thus new money.  Its time to return prosperity to the people and its time for our Government to take back what belongs to it, the ability to make and control our money.  Its time to end the vampiric feeding frenzy on the throats of the citizens that the Federal Reserve and those behind it have enjoyed for far too long.

(Original Poster)

[Della529]

Mar. 11, 2009 at 7:50 PM

You might also be interested in reading this article written in 2003.  It may be almost six years old, but it reflects alot of what has occurred in the years since it was penned.

http://www.lewrockwell.com/paul/paul110.html