For several years I have been debating with people about the Federal Reserve (Central Banking System) in the USA.
Ever since I learned more about it by watching the Republican presidential debates with Ron Paul in the 2008 election, I have been getting deeper in to this research. I did not support Ron Paul exclusively in 2008, in fact I was all out for Ralph Nader. But the more that I learned how our economy works, I started leaning heavily towards the Ron Paul solution to ending the Federal Reserve Banking system.
I used to lean very liberal, obviously when I supported Ralph Nader for president for 2 elections, and even for a few years prior to the 2000 election. I thought direct democracy would be more satisfactory to the needs of the people, until I really understood how destructive direct democracy is as it is similar or in fact it is exactly like mob rule.
But when I learned more about the Democrat party and the basis of liberalism, and when I learned about Marxism and the roots of socialism. I realized how unrealistic direct democracy is and I also learned how unpractical socialism is.
The US system prior to 1913 was not perfect. In fact it had a lot of flaws. But in comparison to other world systems, past and present to that point, the USA had less in poverty, the USA had a higher quality of medicine, the USA had more innovations than other countries in scientific advancements and also in education. All of this was very good in comparison, despite it’s flaws. Sure things needed to be fixed, and a lot of people point to liberalism in this day and age as the solution. Social welfare, government institutions and bureaucracies and other solutions that involve force and coercion. But when these types of mechanisms have been installed, either in our country or others. Only temporary stability has been found, followed with immediate tyranny and following that totalitarianism. Eventually socialistic systems always collapse because they are unsustainable. Even Cuba, the stronghold for socialism in South America has recently went back to capitalism in a lot of ways, to help their economy recover and to increase food production so that they can sustain their population. Socialism was not working. In places like the USSR where the government set the prices on everything, at the end of the cold war there was a lengthy time that a loaf of bread cost more than a weeks wages.
When everyone is paid equally and treated equally regardless of their effort or contribution, it gives little incentive to produce on an individual basis. Its called “the little red hen effect”.
I have been at odds with several family members who are very opinionated on politics, and many friends and fellow activists on this topic. This is a serious divide in a lot of cases. I am glad that it is a lot of the time. I hope that it gets people thinking. I have to admit, I like having friends and family. But I can not sacrifice my convictions to be friendly with people. If me saying that “the democratic party is the party of slavery” offends someone and they are willing to sacrifice our relationship over that, so be it.
I am more and more convinced that the neo-cons and the neo-liberals are one in the same. “Good cop, bad cop” playing the American people with less important social issues, and not focusing on the bigger issues like the Federal Reserve system. We constantly get caught up in things like gay marriage, and immigration and such. But there are bigger fish to fry, and this is what gets me frustrated.
But going back in history previous to the Federal Reserve, we see that the democratic party endorsed, fought for, and voted for slavery both racially and economically. The Democratic party fought for Jim Crow laws, for keeping slavery in the south, for “the Indian Removal Act” and many other horrible things in history. But they have given up this small time oppression and traded it for much more serious oppression in my opinion. Often supported by the complacency of their republican counter parts unfortunately.
The reason that I lay the blame on the Democrats primary though, has to do starting with 1913, and continuing to this day. In 1913 under a democratic congress and executive branch the Federal Reserve Act and the fuel for this entity the Income Tax Act was passed. Since then we have been on a downhill decent into massive unsustainable debt.
The democrats have largely supported this big spending policy and have ignored the monster that they created that eats up this debt called the Federal Reserve.
Now don’t get me wrong, Republicans are not innocent, but have historically been more critical of the Central Banking systems that have been introduced in our political realms. Starting with Jefferson who rejected central banking from the beginning, then Abraham Lincoln, Ronald Reagan and the Ron Paul. Ron Paul has even gotten many mainstream republicans on board with at very least auditing the FED and he has recruited several who are in favor of all out ending the FED. This was obvious during the presidential debates in 2011/2012.
I made an historical account of the republican vs. democrat issue of civil rights, slavery and the Federal Reserve monster at this post: http://xcannabis.com/2012/01/why-would-someone-who-favors-civil-rights-and-liberty-join-the-republican-party/
More on Ron Paul’s inspirations stance against the Federal Reserve at the Republican debates.
This comic/cartoon explains the federal reserve in a very entertaining medium. I really enjoyed this video and I laughed at the comedic value and almost cried at the reality of the situation:
If you don’t have much time to watch a video, this one is much shorter (under 5 minutes) and is very clear and accurate on this topic: https://www.youtube.com/watch?v=7ZXFba1WRN4
I don’t mean to hurt anyone. I just want to get people thinking about fixing the problem rather than focusing on the results of the problem. Sure big business and crony-capitalism is a part of the problem, but really they are just the aftermath of the root cause.
Here is more on what one of the greatest minds in American history said about central banking.
“The system of banking we have both equally and ever reprobated. I contemplate it as a blot left in all our constitutions, which, if not covered, will end in their destruction. I sincerely believe, with you…that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” – Thomas Jefferson
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.” – Thomas Jefferson
By Ryan Thompson 07/17/2013