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What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope.
Try the Federal Reserve. November 3rd is when the Federal Reserve's next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe.
The US central bank is expected to announce its next move to boost the faltering economic recovery. To say there has been considerable debate and anxiety among Fed watchers about what the central bank should do would be an understatement.
Chairman Ben Bernanke has indicated in recent speeches that the central bank plans to try to drive down already low-interest rates by buying up long-term bonds. A number of people both inside the Fed and out believe this is the wrong move.
But one website seems to believe that Ben's plan might actually lead to armed conflict.
Last week, the blog, Zerohedge wrote, paraphrasing a top economic forecaster David Rosenberg, that it believed the Fed's plan is not only moronic, but "positions US society one step closer to civil war if not worse."
The legitimate protests and the ones that genuinely hurt the establishment and put the idiot anarchists to shame are being run by French workers, truck drivers, and union leaders, and enjoy the support of around 70% of the population.
Over a thousand gas stations have now run out of fuel across France, with strategic reserves set to last just a few weeks. Flights and trains have been disrupted, organized slowdowns have snarled highway traffic. The French are showing Americans how it should be done, by uniting peacefully to shut down an entire country. This is genuine people power – the French are sending a message to the establishment that they will no longer play ball until the looting stops.
www.infowars.com...
Will the Federal Reserve Cause a Civil War?
Originally posted by DrMattMaddix
If our government started issuing GreenBacks tomorrow, that are debt free, would you accept them as payment for debt and use them to pay debts?
Originally posted by airspoon
the problems wouldn't simply go away because you change from fiat to the gold standard.
If we stay on a fiat system but do away with the debt-based system that we have now and put the issuance of currency back in the hands of the people, as the Constitution originally called for,
When Congress comes out and declares "turn in your federal reserve notes for US Green Backs; were issuing our own money now and you'll get $1 fed note = $1 Green Back. Federal Reserve notes will no longer be accepted for payment of debt. Fed.Res Notes will only be exchanged for US Green Backs"
How's that for legislation? Don't END THE FED. Put that in your pipe and smoke it Ron Paul. Put it into legislation... Renew the Constitution by renewed legislation. Reaffirm.
Wow, that'll be the day that we can pay off the debt and can control through Congress how much money is in circulation and the value of our own dollar. WITHOUT INTEREST DUE... To whom is interest due anyways?!?!