Pinthouse Pizza
Questions About the Federal Reserve
RECEIVED Sun., July 12, 2009
Dear Editor,
This is not to discuss fiat money vs. commodity-backed currency or my particular take on the monetary system we slave under, but to ask a few questions. Why is it the federal government wants to know our income, our transactions, every last detail of our lives, but the Federal Reserve, a private and foreign bank, is allowed to control the creation of money and manipulate markets without a hint of accountability? The dollar has lost 96% of its value in the almost hundred years the Federal Reserve has been allowed to run roughshod like a band of drunken sailors, spending our labor and sweat on God only knows what.
HR 1207 is a bill which has an overwhelming bipartisan support with more than 260 Congress members co-sponsoring. It was introduced by Rep. Ron Paul in February of this year. The Federal Reserve claims that to audit it would put our currency in jeopardy. Is that a threat? If it has nothing to hide, then what's the big deal? As it is, the dollar is history, and what little activity we may see in the market is the last quivering of life before the lights go out completely.
We have a right to know what the Federal Reserve has done with the trillions. Our children and grandchildren have been enslaved by it. My last question: In the interest of fairness, should we not get the benefit of dinner and a movie?
This is not to discuss fiat money vs. commodity-backed currency or my particular take on the monetary system we slave under, but to ask a few questions. Why is it the federal government wants to know our income, our transactions, every last detail of our lives, but the Federal Reserve, a private and foreign bank, is allowed to control the creation of money and manipulate markets without a hint of accountability? The dollar has lost 96% of its value in the almost hundred years the Federal Reserve has been allowed to run roughshod like a band of drunken sailors, spending our labor and sweat on God only knows what.
HR 1207 is a bill which has an overwhelming bipartisan support with more than 260 Congress members co-sponsoring. It was introduced by Rep. Ron Paul in February of this year. The Federal Reserve claims that to audit it would put our currency in jeopardy. Is that a threat? If it has nothing to hide, then what's the big deal? As it is, the dollar is history, and what little activity we may see in the market is the last quivering of life before the lights go out completely.
We have a right to know what the Federal Reserve has done with the trillions. Our children and grandchildren have been enslaved by it. My last question: In the interest of fairness, should we not get the benefit of dinner and a movie?
Mel Mason