It is happening once again. The big bad federal reserve which is no more federal than Fed Ex is trying to convince the public that they have the authority to regulate our markets. Just a brief history lesson our Government has the power to print and regulate our US currency but almost a 100 years ago they gave that power to a private group of business men who have and now are destroying are financial markets along with our country for there own personal gain. Its a sad day in America when you have a New York Times headline that says "The Fed Gets a New Job Description"
Just a brief quote from the article says this, "THE plan of Treasury Secretary Henry M. Paulson Jr.to overhaul the financial system includes a crucial proposal: it would officially transform the Federal Reserve into a “market stability regulator” rather than merely a banker’s bank." I couldn't believe that this type of propaganda is being spewed out of the pages of The New York Times during one of the most important time in history. Please America don't fall victim to the Fed like our grandparents did through their PR efforts and savor writings that make them out to be our financial GODS. Let the markets regulate themselves like a free capitalist market should. I don't have much else to say so i have included a video that gives the federal reserves history about how it was created, started, and ran. Please pay attention to the video because it has a very important message in it that is crucial to our times as Americans.
Sunday, April 6, 2008
Don't be fooled by the FED
12:55 PM
Makea Turner