Comments on: U.S. Treasury and Federal Reserve. Federal Reserve holding over $2 trillion in the Darkest Balance Sheet in Financial History.

By: abolish the fed

abolish the fed — Thu, 18 Feb 2010 06:01:18 +0000

Ron Paul if elected and tried to get rid of the FED would have been taken out by now. You can say you want to get RID of the FED, but to actually do it is another ball game. We are slaves to debt, and will always be as long as the FED exists. Just think about it for a second, Bernanke cannot even tell Congress who they have given money to, it is not the FEDs money it is our money, we are on the hook for it not them and we should demand to know who is getting it. The first and second central banks were opposed severely and thier charters expired. Mayer Rothschild even said something like give me control of a nations money supply and I care not who makes its laws. That is where we are at now America, the constitution is being disregarded by wimps in office who are afraid to stand up for this country and what is right. The FED was brought to be in secrecy by a terrible progressive Wilson. Once the FED was in place they created the progressive income tax which was supposed to never go higher than 1% for those making 20,000 or less back in 1913 which was most of the people then. Look at where its at today, whose interests do these politicians serve? THE FED, are they helping you or looking out for you, The Federal Reserve was incorporated in 1914 and has been creating a completely unnecessary national debt ever since. In simple terms, the Fed creates money as debt. They create money out of thin air by nothing more than a book entry. Whenever the members of the Fed make any loans, that debt money is our money supply.

Do you think WWI was a coincidence, I think not. The FED was just created, now lets create debt therefore WWI, now how do we pay off that debt, created a progressive income tax, wake up people

By: hazel

hazel — Sat, 01 Aug 2009 14:30:01 +0000

we the people need to take back our banks
.the federal reserves intentions were to make the people think the central banks were ownded by the people,when they tricked us by cleverly using the word” federal” to make sure the average americanwould fall for this trick. it worked.

By: Yeah!

Yeah! — Fri, 29 May 2009 00:39:56 +0000

Amen rom!

The problem is that most people in this country don’t even know what’s going on. There’s only a handful of people who understand why we have these problems. I guess the education system has done its intended job.

By: Raptoreyes

Raptoreyes — Thu, 28 May 2009 22:00:12 +0000

I agree the Federal reserve must be abolished. History records that the Founders once ran their own central bank and that bank created the first hyperinflation in America during the middle of the Revolutionary War. With huge welfare state spending (yet another negative social artifact encouraged by fiat money and Central banking) global military expenditures abroad we are set to repeat history much to the grief of United States citizens and all freedom loving people everywhere.

By: spacecynic

spacecynic — Thu, 28 May 2009 15:02:47 +0000

As with many major disruptions in history, they are not foreseen widely before they happen. I believe the solution to this problem will occur when the generation that gets stuck with this debt next (either in the coming decade, or worst case in the 2020s) simply says, “no, thank you” and defaults on all US debt, wiping the slate clean.

At that point we can refocus our productive capacity on building the nation again, rebuilding infrastructure, upgrading to the latest technologies in power grids, renewables, etc., without the specter of tens of trillions of debt (and the trillion plus in debt service) eating away at our national treasury.

By: Helicopter Ben

Helicopter Ben — Thu, 28 May 2009 12:11:08 +0000

You had your chance to vote for Ron Paul, but no, Obama is the cure.

By: rom

rom — Wed, 27 May 2009 04:38:50 +0000

We the people must actually repeal the 1913 Federal Reserve Act which is completely unconstitutional in it’s formation and passage by corrupted big business politicians….also the supreme court’s ill-gotten decision in 1894 that recognized incorporations as seperate entities as per the Constitution must also be revisited. How, in this day and age a corporation has Constitutional rights above and beyond a Citizen is beyond me. Lastly our Gvt. should coin our own money, via platinum, gold, silver and copper to tie real value to “our” money. This Federal fake-ass note (toilet paper) has no worth, yet the international bankers (not the U.S. Citizens) collects the interest of the notes usage and it’s funneled out of the country. If the Gvt. printed it’s own currency, it would collect the interest from said currency and run itself (as per the Constitution), therefore no more need for Federal income taxes, which are also Unconstitutional. So We The PEOPLE can deep 86 the FED and the IRS and while were at it the STATE DEPT (no need handing “our” money out to the world with nothing in return, except for the corporations, RIGHT) and this mess would clear up real quick.

By: omg

omg — Tue, 26 May 2009 20:56:35 +0000

By all rights they should be audited. But it may be a little late now. They should have been audited periodically all along. But they’ve never had their feet held to the fire before, so they have felt they have license to do whatever they wish. Auditing them now might just cause mass panic. Well, that’s bound to happen sooner or later, because “your sins will find you out”.

By: factsnews

factsnews — Fri, 22 May 2009 14:36:10 +0000

I totally agree. We need to audit the fed! Bill HR1207 has 175 CO-Sponsors!!! Google “Audit the Fed” and join the movement to open the cloak of the Fed.