Federal Reserve System is reason for economic crisis

Monday, November 3, 2008 11:10 PM EST

To gain understanding of the economic crisis, one must look back to the root cause of the problem. In the year 1913, the seeds of our national destruction were sown. Congress abdicated its constitutional responsibility of “coining the money and determining the value thereof” and delivered this power to a group of international financiers, thereby creating a private corporation, deceptively called the Federal Reserve System. It is run for profit and its shareholders, members of the world's richest families, created central banking the world's most lucrative business.
The “cabal” literally creates money out of thin air by making a simple entry in an accounting ledger. Our government then has permission to run the printing presses to create monies necessary to run the country. This money is lent to the United States government by the Federal Reserve, with interest. We are currently paying nearly $500 billion in interest on a debt of over $10 trillion. This interest is paid on monies “created” out of nothing.

Where is this $500 billion in interest payments ending up? This money funds everything from the phony choices we have for presidential candidates to the “dumbing down” of our students through mastery learning curriculum.

Conspiracy, yes! Theory, no! Just follow the money. This money also funds the unconstitutional legislation that has ruined the manufacturing base in our country, such as NAFTA, GATT and most recently the $700 billion plus banking bailout that was so strongly opposed by the average citizen.

The goal of these Federal Reserve scoundrels is Novus Ordo Seclorum. (Look at the back of your dollar bill.) A New World Order, a world government brought to you of the bankers, by the bankers and for the bankers.

Stephen P. Lonsky

Genoa

The Citizens' Say

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There are 3 comment(s)

united we wish wrote on Nov 4, 2008 8:21 PM:

" So sensble knew this already...Tell your friends! "

united we wish wrote on Nov 4, 2008 8:20 PM:

" The FED is arguably unconstitutional and probably corrupt. I hope not as corrupt as Mr. Lonsky beleives. I'm sure it funds nearly everything. Its not too late .It's gonnna take real courage and brains to get this kind of entreched garbage out of our policy. "

sensible wrote on Nov 4, 2008 6:00 PM:

" And aliens are among us. I love how people with conspiracy theories think they need to educate the masses. "

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