With all  of the hub-bub about AIG, Washington Mutual, and other major firms in hot water, we seem to be missing the financial boat in  the sea of financial turmoil.  What boat, you ask?  I’ll give you a hint, it started in 1913, and believe this, it is very much related to the 1913 creation of the Federal Income Tax.  Give up?   The Federal Reserve System and its smoke and mirrors methodology of running the economy: ours and indeed much of the global economy.  Let’s  take a  look.

In 1913 the Federal Reserve Act was pushed through Congress, in a most cloak and dagger manner.   Shortly after the bill was passed, Woodrow Wilson himself, believed that ” he had ruined the country” and put an incredible amount of money and power into the hands of an oligopoly of men.  Much money and power, concentrated into the hands of few.   The FRS is not, repeat not, a branch of the US government. 

The Constitution of the United States compels and demands that the Congress has the authority and power to control and print money, and control the amount and issuance of currency.  That authority has been usurped by international bankers.  European banks control as much of the FRS as the New York Banks, and all of these banks are privately held, and have been  so since day one.   The Rockefellers, Rothschilds, the Morgans, the Warsburgs,  and other mega-rich families have been controlling this since day one.  

What is going on with the AIG  is only part of the problem.  Lehman Brothers is a huge playerin the FRS, and that is scary.  In the FRS, there are ten primary, privately held, international banks who call the shots.  Because Lehman Bros.  is one of them, Congress has its ass to the haul to come up with something.   How these 535 morons are going to micromanage the economy is scary enough, but when a HUGE player like Lehman Bros. is sucking gas, this could go much further than it appears.  

Equally scary, is why Warren buffet put in $5 Billion of his own money.   Me thinks two things on that:  1)  He really isn’t risking his money, somehow the FRS or the Taxpayer is backing him up.

2) The federal government wants to somehow assure the public that everything is cool.  I’m not buying it.  Much like the FDIC who only has pennies on the dollar to insure accounts, this is a psychological ploy to appease and placate the general public.

We need to spread the word that the FRS violates the Constitution.  We need to have an audit of the FRS (when was the last time you saw such an audit ? ) and give the ability to print money and currency back to the Congress like the Constitution demands.   We know that the Congress is run by morons, but at least there would be some degree of accountability, transparency, and responsibility of an institution to be audited and accountable to the citizenry.  If we don’t act fast, we could be on our way to a financial disaster of cosmic proportions.

Mike Fury