My thinking with regards to the “Federal Reserve” is plainly known by all. We have since its inception in 1913 the law of economics being perverted, that in this century the Federal Reserve has come to the point of effecting the ethics and morals of the culture and possibly the demise of this country. The failure of the Federal Reserve and the fact that the system is rot with deception and foaming with evilness has now billowed over into the culture and is part of the main cause we have this economic and moral deterioration of the social fabric.
Least you think that not true allow me to quote from Frederic Bastiat’s classic “The Law” the Foundation for Economic Education Inc. (1990 printing) Pages 8&9. “The Law”, first published as a pamphlet in June 1850.
“ And when it has exceeded its proper functions, it has not done so merely in some inconsequential and debatable matters. The law has gone further than this; it has acted in direct opposition to its own purpose.”
This is something that Jonathan Mayhem argued in his sermon Jan. 30, 1750 hundred years earlier. I talked about just this thing in this post. http://www.lehighvalleyconservative.com/but-what-if-the-magistrates-are-unrighteous/
The Federal Reserve (a private banking enterprise) started with greed and control of the monetary system for and at the expense of the citizens. That is the why we also have the Income Tax Act of 1913, to make sure the bankers got paid. They knew they were to make some serious money through fractional banking and governmental debt and they wanted the government to have in place a way of raising money, by way of taxing the people, so the bankers would get paid.
Bastiat goes on;
“It has converted plunder into a right, in order to protect plunder.”
Bastiat asked these two questions.
How has this perversion of the law been accomplished? And what have been the results?
Bastiat names two reasons for this perversion happening, (A) greed, he called it “stupid greed” and (B) He called it “False Philanthropy”, I call it “Socialism”.
Don’t we have both running rampant in this country and within the governing bodies on all levels of government? Greed can be transposed into “Power” for the politician and philanthropy in to socialist government policies. We have both of these entities used by our politicians and government to control the citizen to the point we have lost our individual freedoms. Do not think that to extreme because, Bastiat asked that question, what have been the results? “We Shall See” and shortly.
Socialism (big government hand outs using other peoples money) is being used more and more to control the voter/citizen. It has come to a point that to suggest the citizen should be independent and make it on his own is viewed as heartless and yes cruel, bordering on some kind of evilness. Do you really think anyone under those conditions is free? How can these conditions be reversed and/or corrected? I’ll answer that with another question. Do you think it will be done by anyone in Washington or government?