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Kucinich once again has his finger on the pulse;
Here’s the problem with the fed;
As a private entity the "fed" can never be fed" (tee hee, I invented that)
The fed produces money for a premium or "fee", (the prime).
Since that fee is payed with the same money that it is produced there will obviously never be enough money to pay off that fee.
In other words, the economy must always grow otherwise the economy will collapse, this is known as a "ponzi scheme".;
A Ponzi scheme is a fraudulent investment operation that pays returns to investors out of the money paid by subsequent investors rather than from profit. The term, "Ponzi scheme," is used primarily in the United States, while other English-speaking countries do not distinguish colloquially between this scheme and other pyramid schemes.[1]
Ponzi schemes must collapse.
We know our government can still produce money, it still does, most people don’t know it but our coins are still produced by the U.S. government, not the fed.
I think that if the government produced our money instead of private industry, that same profit overhead, (the prime) can be directed as a tax revenue and lower tax load on both consumer and producer.
This is win win for everyone but those who own the fed, those who own the fed are operating outside government control, they produce money for loans to outside countries without our approval, they forgive loans without our approval and they print our money without our approval.
As Kucinich recommends, the fed must be certified



2 Comments







Recommended–thank you for this post.
Go Kucinich..and as I said earlier..he’d better stay out of small planes. Americans just don’t get it. Without getting rid of the Federal Reserve, things will not change. The debt load will grow and grow and grow. I have posted many times about the fact that JFK tried to do this with his Executive Order 11110. Not once did I get a response. So, if you are surprised by the lack of comments to your post, don’t be. Plunger tried a few days ago to interest people in President Wildon’s comment about signing the Fed into existence. Response was zero.
There is some kind of weird refusal to see what is the biggest problem Americans face is. Why won’t people listen? The president selects the chairman and after that, the president has no power. Why does that not shock people? The Fed runs the US…that should shock people. Kucinich brought up this at the beginning of his run for president; he was soon denied the right to participate in Democratic debates. He continues to be the one senator who is always fighting for the rights of the American public. A true patriot he is;unlike the majority of US senators.
Wake up America…you have been ‘enslaved’ to debt since 1913.
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” In 1916, three years after its inception, President Woodrow Wilson denounced the Federal Reserve System: “
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
http://www.john-f-kennedy.net/…..r11110.htm