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An essay on
money and the Federal Reserve
by a 16 year old Ron Paul supporter
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As his dad I don't
mind saying that in 3 months of watching Ron Paul and
related videos, David has acquired a better grasp of the
truth about American history and economics than I had
after listening all the way through college to my
brainwashed , Marxist, Keynsian propagandist instructors
and professors!
(Spelling and grammar uncorrected, to show that David
was using his own words not just copying stuff.) |
In the begginning american colonists wanted
to claim independence from Europe because at that time we were using
a form of money called colonial script. This money was printed and
circulated by the colonies and not by private banks. Therefore we
did not have to pay interest on the creation of the money, which
guarded it from inflation and therefore a working class individual
could never be poor. (not because of a communist style wealth
redisdribution. but because of having sound money backed by gold,
not by market speculation, and credit) Which creates bubbles that
eventually burst.
Alan Greenspan, former head of the federal reserve, which is not
federal at all but a private bank, that is not subject to government
oversight or audits. Greenspan himself, said that gold and solid
assets are the only way for people to protect there savings and
wealth from consification through inflation tax.
During the time of colonial script, Thomas Jefferson during a trip
to england, was asked about the quality of the poor houses in
america, he responded by saying there are no poor houses in america,
if we built them, there would be no one to fill them. And he
credited this to americas sound money. at the time Europes money was
printed and circulated by the bank of England, which was a
misleading name because they were a private bank owned by the
rothchilds who owned private banks in almost all European countries,
and funded, and profited from both sides of all European wars.
The rothechilds caught word of what Thomas Jefferson and others were
saying about the success of colonial script, and began pressuring
england to force their money upon the american colonists and outlaw
colonial script, because they feared that if the success of gold
backed money to end poverty became common knoweledge in the european
countries that they had financial control over, the people of those
countries would rise up and overthrow their financial institutions.
while the boston tea party was the first event of the American
Revolution the Real reason for the revolution was this attack on
colonial script. Thomas Jefferson wrote to England "We would have
endured your taxes and terrifs, if you would have left our money
alone".
We won our independence from england and had sound money backed by
gold until 1913. During that time almost every working class
american could afford at least a small house, and afford to raise
5-10 children on a single income. Women were not enslaved into the
workforce, so they were free to raise their children, which of
course gaurds against many other sociotal problems. In 1913 large
banking interest like JP morgan and the rockelleffellers finaly
accomplished what their forefather bankers had dreamed about for
decades. They convinced president woodrow wilson to sign the federal
reserve act which gave up this most important government
right to print money, and gave it to privet banks. Our forefathers
warned us, the banks and corporations that would rise up around you
would squeeze the economy, until your children woke up homeless in
the country their forefathers conquered. They also told us that
giving that right to a private bank would be more danger to freedom
than standing armies. Now present day america, because of the
federal reserves authority over money and the economy, the dollar
has been reduced to 4 pennies since they took control, and now most
families need two incomes, just to afford rent and raise 1-3 kids,
and with a mother enslaved into the workforce these 1-3 children are
usually not properly raised and almost no one in America ownes land
anymore. Remember, having a mortgage is not home ownership, but
renting the land from the banks, and how did the banks get the money
to enslave you to their loan? They prined it out of thin air, and
you have to pay that money back that wasn't even theirs to begin
with with interest, by the end of the 30 year loan, is usually 3-4
times the amount of the loan. So just remember, big goverment loves
you because the T.V. sais so.
- David Brodie |
