Ron Paul Is Right Abolish the Federal Reserve
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Ron Paul Is Right It Is Time To Abolish the Federal Reserve
Today in August 2007, the world financial systems and investment markets, real estate and the availability of credit are all under direct assault due to past actions of the Federal Reserve in the United States.
We the undersigned now call on Congress to Abolish the Federal Reserve System. The latest boom, mania and subsequent bust in the stock market, real estate, asset prices and now credit around the world are the direct result of easy money policies of the FED designed to enhance the profits of certain financial special interests. Now in 2007, ultimately as usual, the unsophisticated American middle and working class investors and borrowers who believed all the hype will pay the price in financial losses.
Wall Streets business as usual call for the FED to intervene and bail out the corporate perpetrators of the scam is like asking a child molester to run a day care center or a drug dealer to teach our children all about drugs. The private banker owned FED is the cause of our problems not the solution.
Since the creation of the Federal Reserve in secret at Jekyll Island, Georgia in 1913, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people.
From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble last year, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts. - Congressman Ron Paul, U.S. House of Representatives September 10, 2002
GOP Presidential Candidate Ron Paul was right back in 2002 and he is right today about abolishing the Federal Reserve and the necessity for the United State to return to a Gold Standard in order to protect the dollar from political and Wall Street banker manipulations which ultimately will destroy the dollar as a store of value and the financial security of millions of American investors and other innocent hard working citizens around the world.
For more information, read Ron Pauls speech before Congress at:
http://www.house.gov/paul/congrec/congrec2002/cr091002b.htm
Today in August 2007, the world financial systems and investment markets, real estate and the availability of credit are all under direct assault due to past actions of the Federal Reserve in the United States.
We the undersigned now call on Congress to Abolish the Federal Reserve System. The latest boom, mania and subsequent bust in the stock market, real estate, asset prices and now credit around the world are the direct result of easy money policies of the FED designed to enhance the profits of certain financial special interests. Now in 2007, ultimately as usual, the unsophisticated American middle and working class investors and borrowers who believed all the hype will pay the price in financial losses.
Wall Streets business as usual call for the FED to intervene and bail out the corporate perpetrators of the scam is like asking a child molester to run a day care center or a drug dealer to teach our children all about drugs. The private banker owned FED is the cause of our problems not the solution.
Since the creation of the Federal Reserve in secret at Jekyll Island, Georgia in 1913, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people.
From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble last year, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts. - Congressman Ron Paul, U.S. House of Representatives September 10, 2002
GOP Presidential Candidate Ron Paul was right back in 2002 and he is right today about abolishing the Federal Reserve and the necessity for the United State to return to a Gold Standard in order to protect the dollar from political and Wall Street banker manipulations which ultimately will destroy the dollar as a store of value and the financial security of millions of American investors and other innocent hard working citizens around the world.
For more information, read Ron Pauls speech before Congress at:
http://www.house.gov/paul/congrec/congrec2002/cr091002b.htm
6239 Signatures
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John M
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martin b
- Comments
- we need this everybody
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Ian B
- Comments
- The abolition of the Federal Reserve Bank of the United States of America will lead not only to the eventual financial recovery of the US economy, but also the eventual removal (ideally) of the Sixteenth Amendment. At the very least, instead of paying an income tax meant to pay off interest owed to the Fed, we shall be able to reallocate that money to a social program that really needs funding, such as Universal Healthcare.
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Saverio B
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Erik G
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Brian W
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Adel F
- Comments
- Do it before its too late.
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Jeff R
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Greg R
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Steven P
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Albana
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Marty D
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Jeremy B
- Comments
- 1913 was a very bad year for the USA.
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John F. M
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Joshua H
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James S
- Comments
- Take Back Our Country!
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Dean W
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Audrey J
- Comments
- We have to try even though they have already pretty much destroyed us.
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Kay I
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jerry z
- Comments
- conservative republicans + blue dog democrats +libertarians and all independents = new third party
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gary l
- Comments
- american people are awakening from their
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Darrell L
- Comments
- Fiat currency has never worked in the past and it is failing our nation now.End the Federal Reserve and allow competition in curreny based on Commodity Value.
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Garrett
- Comments
- Conservative America is a MUST!!
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Norma H M
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Charles A
- Comments
- the government is a criminal enterprise now
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Peggy A
- Comments
- the people who are the government have become
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Alan F
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George B
- Comments
- Kick ALL of the imbedded jerks out of our government and start over! Couldn't do any worse! Also do not elect any Lawyers, PERIOD!
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Lawrence Michael P
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David K
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Anthony V
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- How many elected officials emulate LBJ?
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Michael M
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- It will be a start to unwind this bs government
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Felecia C
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Kenneth A
- Comments
- Let's get it done
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Salty S
- Comments
- Let's get'er done
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Joyce E
- Comments
- The government is nothing but Marxists, Communist and Socialist because the Marxist President has nothing but his kind aiding him.
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James L E
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George G
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John F
- Comments
- prosecute all involved that are still alive who help cover this scam up
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donaldmcewen
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Dennis J
- Comments
- Its now or never ! Do what you know in your heart to be right.
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Kelly M
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G M
- Comments
- Please vote out incumbents in 2010.
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richard h
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- the federal reserve has ruined the united states for too long, they need to be gotten rid of along with the un dictators.
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Tony G
- Comments
- end the fed
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Brian S
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Bryan L
- Comments
- thank you
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Vera L
- Comments
- thank you
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doris r
- Comments
- take back our freedoms..the freedom to fail and the freedom to win
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james e
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6239
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