In a speech May 22, read more 1932 Frankin Delono Roosevelt said this.
Now you talk about inefficiency 76 years later since those words were spoken we still have the same system and believe it or not the same problems. How can this be? The Bankers and the Federal Reserve still have us on the “Rack” and they are stretching us like a rubber band.
Yes, we must correct this situation, get rid of the Fed and there corrupt monetary system, along with the present day income tax. What do you think of those “drastic means”?
How can our Republican Leaders in Washington not see that? I want some liberal to explain to me how we can possibly sustain this debt creating type of monetary system while they wish to tax the citizen beyond his means, borrowing and spending beyond the systems ability to pay for it. They (both sides) have created a debt that is crushing the people and the economy. I would think the flaming liberal would see the folly of what they are doing and want to change the system to accommodate their goals of “Socialism”.
The funny thing about FDR’s words, he knew the “Bankers” through the Federal Reserve and Income Tax were running the country. He only went along with what they wanted and that was expansion of debt, which was a bigger monetary market for them, with more interest bearing debt thereby increasing their earnings. (You do know that the Fed is a private company and not part of the government) And it is common knowledge that Roosevelt’s government policy’s and government programs extend the length and depth of the depression. Just like today’s policy’s will expend this coming depression.
Roosevelt’s policy’s and program’s just like today’s Housing Loan Policy’s created the same type of false marketing conditions thereby preventing the true effects of capitalism and what would of corrected the situation. What happen today is the “Bankers” got greedy and lost control and didn’t realize it until it was to late.
The “Bail Out” bill is in the process of being sweeten so they think, what are the odds it is going to pass this time? It will be voted on again and I say it will be passed all the while nothing was done to correct anything.
We Shall See!