Rip's Domain

Ron Paul: Federal Reserve for dummies – Youtube and Blog bomb

Posted in 2008 Elections, Rants, Ron Paul by rip747 on January 12, 2008

Money bombs are great guys and I participate in everyone of them (even for the blimp which I didn’t agree with, but some did so I helped out). However, we also need to get the message out more then ever. With that I would like all the Ron Paul supporters that have blogs to start posting his message video from Youtube onto their blogs. If you would like, also take his printed messages and point them on your blogs. Remember that the more blogs that post his message and videos, the more the search engine will rank the keywords hirer

Wouldn’t it be great if your search for “federal reserve” on Google and the first result was this video? It can happen for you participate.

12 Responses

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  1. Oso said, on January 24, 2008 at 1:29 am

    Since the fact is becoming more and more obvious, that the federal reserve is a private institution, I say we file a nationwide class action suit to dissolve that monopoly.
    Capitalism drives this machine, make it fair and accessible for all Americans. Do we have any lawyers able to do this. Do we need a 50 state consortium to file this and put our government to use?
    Who would sign this class action and get our money back, we earned it, they sure as hell aren’t managing it well.

  2. rip747 said, on January 24, 2008 at 10:33 am

    My suggestion would be to ask your question to lawyers that have filed a class action law suit in the past.

    You got my support for it!

  3. John Wallace said, on March 16, 2008 at 8:45 pm

    THE FEDERAL RESERVE SHOULD BE ABOLISHED

    In Article I, Section 8 of the U.S. Constitution, the people of the United States granted Congress the power “to coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.” The people never gave congress the constitutional power to delegate this money-creating and regulating responsibility to any private group. Yet this is exactly what the Federal Reserve Act of 1913 did. The bill was publicly promoted as a plan to reform the nation’s monetary system and stabilize the currency by taking control of it out of the hands of big bankers. In reality, of course, the Federal Reserve Act was written by the big bankers for the purpose of solidifying their control over our currency.

    Many Americans today wrongfully believe that the Federal Reserve is somehow part of the federal government, possibly even the Treasury Department. Many do not know that the Federal Reserve is actually a cartel of private banks that was given the power to be the sole issuer of U.S. money, with full control over its quantity and thus its value. Since this group of private bankers (the Fed) provides credit to the U.S. government when we spend money we don’t have, the Fed also is able to profit handsomely from the ever-increasing national debt. Because the Fed makes more money when the country goes deeper into debt, there is no incentive for the Fed to support any reductions in federal deficit spending. The more credit we need, the more money this cartel of private banks will make.

    The actions the Fed takes can drastically affect the economy simply by making decisions about the money supply and interest rates. The president, congress, big business, investors, home buyers and anyone else with an interest in our economy waits with baited breath every time the Federal Reserve Board meets. If they decide to raise interest rates, politicians and industries could fall, homes might not be purchased and jobs could be lost. If the Fed decides to lower the interest rates, politicians, industries, investors and consumers may prosper. There is too much power vested in a handful of people whose names would not be recognized by most Americans.

    Why do we allow such a small group of people on the Federal Reserve Board to wield so much power over our country’s economic well-being? As average Americans strive to earn a living, cope with rising costs of food, fuel and hopefully save or invest for the future, Congress and the Federal Reserve Bank are working insidiously against them. On a daily basis, every dollar they have is being devalued.

    Even though most Americans seem unaware of the current plight of the US dollar, especially in relation to the Euro, there is definitely a dollar crisis in the world economy because of the immense size of the international debt of America. America has now become the largest debtor in history, owing somewhere between $70 and $100 Trillion. The reckless deficit spending by our government, coupled with Federal Reserve currency devaluation, has become one of the greatest threats facing America today. Because Congress is routinely spending more than it can tax or borrow and the Fed is routinely printing “Fiat Money” (Dollars backed by nothing) out of thin air to make up the difference, this classic “one-two punch” threatens to further destroy the value of our dollars.

    The actions of both major political parties would seem to indicate that they want the Fed to print more “Fiat Money” to support their extravagant and unchecked spending habits. Most politicians want the printing presses to run faster and faster, create more credit, issue rebate checks, etc., so that the economy will somehow be magically healed by this dangerous financial potion, or so they believe. The President and members of Congress may love a system that generates more and more money for their special interest projects and earmarks, but the rest of us have good reason to be concerned about our monetary system and the future value of our American dollars.

    Issuing “Fiat Money” has allowed our government to live well beyond its means, but that practice cannot continue much longer as it is slowly destroying the value of our dollars. History shows us that when the destruction of monetary value becomes rampant, as the actions of our congress and the Fed would indicate, nearly everyone suffers and both the economic and political structure becomes unstable.

    The Federal Reserve System has been the tool used by the major bankers to allow them to gain control over the smaller regional and local banks. The Fed has also acted as the financing agency for Congress’ unprecedented deficit spending on an ever growing, more intrusive federal bureaucracy and the expansion of the welfare state. Some people believe that the private bankers in the Federal Reserve wield so much power that they can intentionally manipulate the economy in order to influence the results of our presidential elections.

    Our government and the American people do not need the help of any private banking cartel to manage our monetary system. We need to repeal the Federal Reserve Act and return control of our currency to Congress where it belongs, as was the intent of our Founders. We also need to have a serious national discussion about how real currency reform can be achieved. As long as the private bankers in the Federal Reserve have control over our nation’s money, Congress’ control of the purse-strings will not have the benefits the country’s Founders intended.

    I support legislation introduced by Congressman Ron Paul, of Texas, entitled “Federal Reserve Board Abolition Act (H.R. 2755) that will restore financial stability to America’s economy by abolishing the Federal Reserve.

    REF: H.R. 2755: Federal Reserve Board Abolition Act
    http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.2755:

    By:
    JOHN W. WALLACE
    Candidate for Congress
    New York’s 20th Congressional District
    http://www.FreedomCandidate.com

  4. Darius said, on August 15, 2008 at 3:19 pm

    I am continually fascinated that the only one running for President who actually targeted the single greatest problem in the world, (The Fed), is so misunderstood by so many people. If people are not aware by now that the Fed is killing this nations economy and undermining our sovereignty, then I guess they will never understand. If the Fed were successfully abolished, the great list of troubles you continually see on the news would all but dissipate in one year.

  5. Livid said, on November 6, 2008 at 7:35 am

    Its a sad state of affairs

    Zeitgeist 2 Addendum does a good job as a documentary of educating the public (although the end is somewhat dubious)

    If you want to see real change, the only way is to spread awareness and allow people to consciously communicate about these issues, create a viral campaign which spread a succinct message throughout the web, an ideavirus. Once this takes hold, use guerilla tactics to get PR to pick up on it and blast it through the news…

    A class action law suit will get crushed, they wield too much power to be demolished by a little law suit, you need mass awareness and an outcry by the majority

  6. Livid said, on November 6, 2008 at 7:35 am

    also, i would recommend investing in gold now…

  7. Paul said, on December 7, 2008 at 11:32 pm

    End the Fed Los Angeles – GREAT NEW VIDEO

    http://framingtheworld.blip.tv/#1541043

  8. Lloyd Lee said, on March 27, 2009 at 12:03 pm

    If the Fed can control elections, it seems strange that they went from Carter to Reagan,from Reagan/Bush to Clinton, from Clinton to Bush and now from Bush to Obama. A lot of policy switching. I find it hard to believe!

  9. maggiejones09 said, on May 12, 2009 at 8:09 pm

    I totally agree about abolishing the Federal Reserve and it’s evils.

    We deserve the gun control and second amendment!!!

  10. […] H.R. 1207 Ron Paul Mr. Speaker, the big guns have lined up against H.R. 1207, the bill to audit the Federal Reserve. What is it that they are so concerned about? What information are they hiding from the American people? The screed is: “Transparency is okay–except for those things they don’t want to be transparent.” […]

  11. Anthony Mallgren said, on August 27, 2009 at 8:32 pm

    The problem is that to abolish the Federal Reserve, and expect our economy to work, we would need to change the essentials of banking, including what money is loaned for what reasons. As a note, the ability to print money is granted to commercial banks, the federal reserve, the IMF, and other countries such as Japan and members of the European Central Bank:

    Why We Need the Federal Reserve

    “To dismiss the importance of the Federal Reserve is to ignore the most distinct and basic principles of banking.”

  12. Ryan said, on December 16, 2009 at 5:02 am

    OK….but can someone explain in english why these people dont care and why they think its ok, to do EVERYTHING their doin. Im tired of people running their mouths and just talking around the fact. Tell me straight up are they just self-centered pieces of shit, or do they really not give a shit about the other ones in this world that i was brought up in being taught to care for everyone equaly. Please just someone help us(U.S.A).


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