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What is the Federal Reserve Bank’s power over our govt, and why can’t they be abolished?

Since they were created in 1914, our country has gone down their rat hole with into the insolvency we’re experiencing today. What is it going to take to get our govt to do the right thing and get rid of these established criminals of the Rothschild Family that have taken our democracy away?

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4 Responses to “What is the Federal Reserve Bank’s power over our govt, and why can’t they be abolished?”

  1. OPV N says:

    the FED became the off balance sheet operations arm of the US treasury

  2. Obamanable Faux Man says:

    Support H. R. 1207 to audit the fed in 2010.

    http://www. ronpaul. com/on-the-issues/audit-the-federal-reserve-hr-1207/

    Write your reps – it’ll only take a few minutes:
    https://writerep. house. gov/writerep/welcome. shtml

    According to the Constitution, the Treasury was charged with coining money and handling the fiscal policy of the U. S. In 1913, there was a special gathering on Christmas Eve w/ many delegates out of town to pass the Federal Reserve Act of 1913, transitioning that fiscal responsibility to the Fed. By many estimates, the Fed is directly responsible for the great depression and our current economic collapse. Manipulating interest rates is a short term solution w/ unintended consequences long term. Alan Greenspan has come out publicly late last year saying he did our economy a great injustice by manipulating rates to control growth — he said we would have been better off if he didn’t get involved at all.

    It’s time to audit them. . . we need to know where our money is going.

  3. scaerdrys says:

    Because they are technically “private”. That means that the government just happens to trust them with taxdollars, the IRS happens to not audit them, and their privateness has allowed them to not be transparent with those pesky taxpayers with how their money is spent. It can be changed, though. I have little doubt that politicians of both parties use it to contribute taxpayer dollars to helpful coorporations. In that sense, everyone is scratching everyone’s back. . . .
    Peace

  4. davethenayber says:

    Officially, they have no power over government, but their policies have enabled that.

    The problem is that government has no authority to look and see what they are doing.

    Support HR1207.

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