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A majority of Americans are dissatisfied with the nation’s independent central bank, saying the U.S. Federal Reserve should either be brought under tighter political control or abolished outright, a poll shows.
The Bloomberg National Poll underlines the extent to which the central bank’s standing has suffered as it has come under fire in Congress, first from Democrats for regulatory lapses before the financial crisis and then from Republicans for failing to revive an economy in which the jobless rate hovers near 10 percent.
The fed and central banking units in general should be thoroughly investigated and prosecuted for their criminalistic endeavors which have been taking place for decades on end.
Problem is, outside of lone wolf Ron Paul, who has the guts to undertake such an operation?
On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON.
The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON....
Commenting on Former Congressman Louis T. McFaddens's "heart-failure sudden-death" on Oct. 3, 1936, after a "dose" of "intestinal flu," "Pelley's Weekly" of Oct. 14 said:
Now that this sterling American patriot has made the Passing, it can be revealed that not long after his public utterance against the encroaching powers of Judah, it became known among his intimates that he had suffered two attacks against his life. The first attack came in the form of two revolver shots fired at him from ambush as he was alighting from a cab in front of one of the Capital hotels. Fortunately both shots missed him, the bullets burying themselves in the structure of the cab.
"He became violently ill after partaking of food at a political banquet at Washington. His life was only saved from what was subsequently announced as a poisoning by the presence of a physician friend at the banquet, who at once procured a stomach pump and subjected the Congressman to emergency treatment."
as is evident by the inflation of our dollar over the last 100 years or so, which is over 90%.
There was no minimum wage in 1913. The first minimum wage was not until 1938 and it was 25 cents an hour
Originally posted by airspoon
reply to post by backinblack
My mistake, it's around 2000% inflation ($0.95 out of every dollar) since 1913, with an average annual rate of inflation at 3.42%. You have to remember that the price of goods is not entirely dependent on the value of the dollar. In otherwords, just because something goes up in price, doesn't mean that the value of the dollar has gone down. There are other variables involved, depending on the product or goods in quesiton.
I'm down with that! S&F and hallelujah, do you think maybe they'll listen now? Oh probably not. Too bad we need some real change everybody promises it but none of them ever deliver... Why is that?
Come on, let's think of some good alternatives here!