The Ponzi Scheme Fed handled $8.4 TRILLION from the Treasury auctions of securities last year and HID IT from Congress. That sounds like theft. Ref. 3W scribd dot com message 49040689
The unconstitutional Federal Reserve as "Federal" as Federal Express must be ended at all costs. They are a criminal organization hellbent on destroying the US Dollar, economy, US Constitution, and sovereignty of the US. Peter Schiff is a modern day Founding Father trying to wake up the average American to the crime of the country.
The short sales are HOT this week on SIRI Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc.
I thought short selling a stock drove the price down? Lots of people are doing it! It must be profitable! SIRI
The money masters doesn't tell everything, it doesn't even mention the policies of LIncoln, which were downright tyrannical. If the British wanted to dominate a weak USA, they would of attacked them after the civil war was over. Lincoln was the President that allowed money to be printed out of paper so he could finance his war. Lincoln was a federalist which pleased the money masters.
Just think of that one Christmas song "SILVER AND GOLD"...... :-) That is the answer .. It's about preservation and buying power. Because the dollar is being destroyed. Still is .. they're trying to divert people away from economy stuff with the Swine Flu. I think it's amazing to hear these poles of Americans who think the economy is better all of the sudden..
Hold on to your butts! The dark times are coming. ( We can stop it tho .. call your congressman to co sp. HR1207
2 A leading Wall Street broker says in its weekly commentary that much of the monetary expansion is in the form of excess bank reserves ..which by definition are not put to work and further the link between money supply and inflation has clearly loosened over the last 10 years...
Mexbol- your second point is a good one, until the money starts to circulate in the economy it will have no impact on inflation. Furthermore, there remains the ability to retighten moneysupply. Nonetheless, Bernanke seems to have been plotting this crisis years beforehand, hence the speech about dropping money from a helicopter. The Fed needs to be owned entirely by the public and held accoutable to the public, through elections or other means.
thoughtchallenge..thx but I was just highlighting another view , i hasten to add not written by myself:...I am just a simple soul trying to understand what has happened and why...
Mexbol- I appreciate your point of view. I'm not a fan of Peter Schiff and his inflation fear monguering, even though I do believe the crash was either planned or the result of incompetence at the FED.
thoughtchallenge, I too wish there was more non-dooms-day discussion of the problems with the Fed. It seems we only hear it from Peter Schiff and Jim Rogers. Support HR 1207 and get other to do so. This will bring the issues of the Fed to the spotlight, maybe get America to wake up that the day China stops buying our debt, we are broke and don't have any real money. People want regulation and oversight? Let's get from our money changers as well!
1 The Economist Magazine this week has an article that consludes China is not likely to sour on the dollar any time soon as it does not want to see its own currency rise and
No, that is your definition and the socialist uber government definition. The role of government in it's original intent by the founding fathers was to let the people manage their own lives, and only to step in in the place of disputes and provide a centralized means of defense against large enemies... like if Britain came back. You think I have not done research... beyond listening to others and reading others.. I happen to be able to think for myself, and the real problem is government itself
I hate Obama. I wish he was in Air Force One when it flew over New York, because had he been I would of shot it down with an RPG. It was flying low enough, afterall.
I agree that we need change at the Fed, but I don't agree with Gold standard. As it stands banks have a say in the Fed, they also get a dividend from the Fed of 6% weather the economy grows or not. The problem is the Fed is not accountable to the public, it has been intentionally depoliticized. What are the chances that Ben Bernanke will be held accountable for the economic collapse? He will be reappointed to another term as if he were some kind of hero.
Either way you'll loose under fractional banking. The people don't control the money supply and they can change the interest rates at will. CD's only offer 2% right now, which is garbage. That's why we had the debt bubble of this decade, because the interest rate was too low compared to inflation. Inflation robs savings.
I'm no fan of the gold standard mostly because there remains the possiblity of a new large mine or synthetic process.
My belief is that the Fed should be run by and for the people not the banks. Banks having stock in "Our Fed" is criminal.
I'm expecting a third bubble due to Fed extremes, but also the result of the public's widespread involvement in stocks through 401K plans. People investing in these plans have little idea what their stocks really consist of and invest in them blindly.
your hard work subject to the income tax essentially guarantees the US debt. Thats it. Utimately at the end of the day the only reason income taxes exist is to pay the Fed back for money created out of thin air.
government borrowing money from the FED means having to pay the FED interest on money the FED does not have, just prints. if gov spends money to create something, they order a "chair" or a road from you. you make it, you get money from the gov. the gov gets a road it can toll or give to you & business & so wealth is CREATED. why would gov want to "borrow" money at interest from the FED, money the FED doesnt have, when money's supposed to reflect work thats being DONE, not numbers borrowed.
Drunk with the wine of Babylon. Root cause = evil. The root of all evil is money. And the love of it. Whoever controls the money supply is evil. Rothchild, rockefellar etc.
Fed heads are having another policy meeting this coming week (Tuesday and Wednesday). The public should demand to have "taxpayer representing citizens" at all such meetings, the behind closed door NWO bullshit finally needs to stop. It's technically our money, not theirs, we taxpayers pay the interest on the debt, let us sit in on your meetings Ben Bernanke.
Well it gets better then that. Halliburton got the contract for manufacturing the dust, and got financed by Goldman Sachs, so it's a full circle of screwing the American Taxpayer yet again.
Why is it that the main stream media never tells the public about the dust i just do not understand. It's like they are missing the secret to the Fed. Anyone who thinks we are going to hyper inflate our dollar is just ignoring the facts.
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The Fed's banker buddies?
Bernanke is getting slammed now for telling Paulson to get rid of his Bank of America CEO banker buddy if he didn't take the Merrill Lynch merger at a loss of billions to avoid another Lehman catastrophe.
The dollar has been devalued 27% since the year 2000. The Fed engineers the entire structure to rob us of value and to put that value in their pockets, and their banker buddies' pockets. It's to bad we are all law abiding citizens. If this was the "wild west" again they would be strung up and skinned by now, with their hides hung out to dry.
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So what.
My income went up alot more than 27% since 2000.
The Fed is not trying to rob anybody, idiot.
The Fed takes money from the bankers since the bankers can only get loans from the Fed, not capital, and the bankers have to repay the lender of last resort loans from the Fed with interest if they want to get their AAA-rated collateral back from the Fed.
Deficit Spending is what is devaluing the dollar since that is real money injected in the domestic economy from abroad.
money created by the Fed also causes inflation and devalues the dollar. The money supply has increased rapidly to prevent a falling price level. Looks like it worked for the most part but that just means prices are higher than they otherwise would've been and people that are unemployed are even worse off since they're unemployed AND prices haven't gone down. Perpetual inflation can't stave off a downturn and can't keep employment up forever.
For some of the answers, look up Mandell House and Edmund Walsh for even deeper into the rabbit hole of the NWO and throw in the Knights of Malta., especialy Juan Carlos, King Of Jerusalem and Holy Roman Emperor.
Waring: This information is not for the average joe blow.
The potential consequence that our society & political system face is when the majority of responsible homeowners realize that the rate of recovery in home values will take years if not decades to get right side up again, more & more will weigh the consequences with the same immoral philosophy that our elected government employs by propping up failed institutions with our tax dollars which in any court of law would be viewed as criminal.
I think the FED is crooked and it needs to be audited, so that is what you need to do, AUDIT THEM..and you will see how much money they really take in...all the interest on the mortgages and business loans, government loans, they take in more money than anyone truly KNOWS...AUDIT THE GOVERNMENT
that is how the people will know what is going on....
-averageworkinggal, you got the average part right. You might want to put your average mind to work on something like the latest Britney or Paris Hilton gossip and quit spewing a bunch of crap about something you obviously don't know.
the Fed is printing like crazy, and all that capital taken from the American public is going into those big greedy bankers' pockets. These fucking bankers screwed up their own business, and now the citizens of U.S. have to bail them out ?!?! wtf!!! so much for the capitalism !!! this is fucking communism and socialism!!!
They fucked up, they take the shit they created, go bankrupt or wutever. fucking using FED to rob the public.
we need a free market, not necessarily capitalism.... a real free market has not existed in this country for a long time.....the people that have the most money and power, use a certain amount of that money and power for keeping others from getting it. Large Corporations squash innovation everyday.
When you guys say 'end the fed' what are you saying takes place after that? Replace it with what? Don't say gold either because the power structure controls the gold in the fist place.
Seems to me that most people commenting on this video have no understanding of economics, or freedom for that matter. All your concerned with is the current corruption, and not the system itself, or the principles behind it. You just want to eliminate the Fed and let the government do most everything the Fed was doing. There should be no regulation! There should be no legal tender! This is the way of freedom. Regulation only gives a false sense of security, while leading to monopolies! Comn ppl!
It is about survival of the financial system. You can bet they are plenty concerned about conditions. 4 more banks closed this weekend. How high will this go? No one knows. Better get educated.
u dont realize that we r being kidnapped by the banks, the whole country is. they r like cancer to this great country. "too big to fall" ...right? u see, they are very successful now. we bail these fuckers out this time, there will be a next time. they r too big to fall, and too big to be properly check by the public
silver and gold are also the same. they hold some type of physical value because they are a commodity but the value of paper money is something that is like a legal contract that is backed by your government. by using silver and gold you may regulate it because the value is based on a commodity but you also cause other problems. the problem is not the system/method of money it's unregulated banks and lending. i wish people understood that.
currency tied to gold is probably on the horizon whether you like it or not. why do you think China is now amassing commodities including precious metals.
as time goes on and with economic crises...and continually worsen: more people will realize how abusive and corrupt the system has become and that the elite were the ones to set it up and guide it; the sheep will wake up and start unlearning years of social and cultural conditioning as consumerists and citizen slaves; to drop out of what they can. Not out of just mere protest but because of inability to support this system.One that is corrupt and is on verge of collapse. sheep look up
People like Peter have no idea how far out of their league they are. If you want to change the system, you don't kill it at the kneecaps, you convince the people to vote out bad things and vote in good things. How dissapointing George - you may be inflicting harm on people without even knowing you are doing so.
ugh Money, Money I work all night, I work all day, to pay the bills I have to pay Ain't it sad And still there never seems to be a single penny left for me That's too bad Money, money, money Must be funny In the rich man's world Money, money, money Always sunny In the rich man's world :(
A revolution that is televised is no revolution at all.
When you move against the STATE don't expect the media to support it. Right or Wrong.
This has always been a nation of lawlessness and people should begin to act like it. America was built with slaves. Hello?! Chaos may turn out to be the common man's best bet given the way things are turning out.
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If you're hung up on 'good and services' because of crackpot fractional reserve banking conspiracy theory nonsense, just imagine all those services that you get from the bank for free because of vapor money that you'd have to pay for without vapor money.
Vapor money makes the cost of banking to the consumer cheap or nonexistant.
I don't pay anything for the use of my bank account at my bank.
Consider these: you need the vapor money and your not
near your bank nor its Vapor Dispenser.
A hefty fee for service for vapor. And I wouldn't be shocked nor surprised
that as time goes on the banks...your bank too...starts charging fees for services which are free for now. Even the States and or the Federal find ways to take some money out of your account...but on loan and with interest paid back... to protect your and Americas' financial interests at heart or some other nonsense.
This country is full of mental children who expect the federal government to insure their safety and make everybody happy. History shows this reliance on centralized government, whether it is the emperor, the Fuhrer, or the lovable, amiable socialist, always leads to disaster. Well, we are well on our way now.
What are going to do now? Vote for Libertarians. Your finished, but you might save your grandchildren.
Schiff remembered which park he was suppose to attend. The US had 2 Central Banks before the Fed Res 1913. The 1st Bank of the US 1791-1911. And the 2n Bank of the US 1816-1836.
The "FED" needs to be taken over by the US Treasury and controled by Congress with a Constitutional Amendment limiting the creation of new money supply to a set percentage of GDP. Fractional Reserve banking limits need to be reworked and shadow risks (derivitives, CDS, etc..) need to be defaulted on and made illegal. Government already has taken over mortgage, student loan, small business lending by their guarantees, leaving bankster little or no risk only profit. Bailouts = theft.
the government is teaming up with select institutions and producing fraudulent debt instruments/ponzi schemes, taking 12.8 trillion of taxpayers money and giving it to the crooks, instead of arresting them!
yes but averageworkinggal......where did the banks get their money from...it came from the federal reserve ! where do you think the physical money came from in order to issue the credit ! what you also dont understand is that the federal reserve is a PRIVATE ENTITY and has nothing to do with the U.S. and thus is unconstitutional for them to issue our money !
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Banks don't get their money from the Fed unless they can't get loans in the private sector and they have to provide AAA-rated collateral to get the loan from the Fed.
.
Banks get started with private capital.
Banks make money from private sector loans and investments.
The Fed controls their reserve requirements to control the money supply.
that is the most rediculous things ive ever heard. Its not the fed? lol but its the federal reserve's systems banks that create money.lol thats like saying that its not the car that hit the pedestrian and killed him but it was the bumper that hit the pedestrian and killed him. The federal reserve system of legal counterfeit is the problem, it is a waste of time to disect and blame some parts of the system more than the others, END THE FED
"banks make money from private sector loans and investments" lol ok buddy, but your forgetting that the money they loan out is not real money. They loan out 90-99% nothingness yet the get real interest on that nothingness. They loan out money that doesnt represent and good or service but they receive interest with money that was earned and represents a good or service. THEY LOAN OUT NOTHING AND GAIN SOMEONES REAL PRODUCTION. that is the definition of stealing and confiscation of wealth
A borrower from a bank receives valuable consideration which the borrower uses as either legal tender or as the proceeds to acquire valuable merchandise, such as a house, and is thus enriched by the loan.
The loan is a valid contract which the borrower is obligated to pay back or be subject to a breach of contract action from the bank.
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The Constitution does not restrict Congress' national currency power to just specie so says the SCOTUS.
Congress has the power to determine the form of the national currency.
The Gold and Silver coin clause is a restriction on the States, not Congress, to prevent States from issuing competing currencies to the national currency defined by Congress.
States issued their own currencies under the Articles of Confederation, which meant chaos.
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Peter Schiff makes a great case for the national currency power, which the Constitution provides solely to Congress, and a central bank in his description of the chaotic banking system prior to the Fed where there were numerous bank note currencies which disrupted national commerce.
The Fed and national currency enabled free flowing commerce and thus boosted the economy.
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The Fed was not behind the boom in credit cards.
The National Bank Act of 1864 was behind the boom in credit card lending and the 1978 Marquette SCOTUS decision that enforced the federal preemption doctrine for National Bank credit card issuing banks being free from state consumer protection regulation.
Thanks for the reply. The point being made was the Fed stepped up flooding the economy with liquidity. They did this by looking the other way as banking interests slowly ignored prudent lending practices and wound up with the result we are faced with today with mortgages, etc. Greenspan even said Arms were prudent.......gimme a break.
Say what you will. Reckless Fed policy beginning with LTCM put us in the shape we are in today. Look at the dollar. Looming devaluation. So far, listening to Jim Rogers, Marc Faber, and Peter Schiff has made made me a hell of alot more money that listening to your nonsense. My last comment.
There should have been a HUGE roar when he said "Money is gold and silver". Sounds like there were some sleeping people in attendance, too bad. I would have been screaming at the top of my lungs. Peter Shiff is a fucking NATIONAL HERO!
He's talking like he's in a news program, not like he's pumping up a crowd, unfortunately. But there's lots of good info there and it's good to see this :) 5*
I don't know, have you watched the money masters? They make a pretty good case against the gold standard. We should get rid of the fed but we don't necessarily need to replace it with the gold standard.
You don't replace the fed with anything. Don't people understand that it is not the role of government or any other institution to look over the rest of us and try and manage things like economics and social behavior... Would expect people in the liberty movement would understand this... and as for the replacement currency, it should be non-centralized privately competitive currencies that we look to. No need for a national currency, let there be hundreds of private ones. The best will stand out
In the money masters they claim something like the international bankers originally were the ones pushing the gold standard back when the colonies had a paper currency that they managed themselves and that worked out well for them until there was a banker fostered war. Man I forget all the details, I have to go back and watch the video again. But basically it seems like the main problem isn't that the money is 'fiat' per say, it's that it's managed by this private cartel that works for profit
The money masters also said a lot of bull ****. They forgot to mention the huge debt we accumulated through the civil war, which we never got out of thanks to that bastard Lincoln. And you also remember the gilded age was one of the most prosperous times in American history, despite the Keynesian historians who try downplay that period.
Also Lincoln contributed A LOT to how America is today. He issued paper dollars as legal tender, when it states in the constitution that gold and silver can only be legal tender. They didn't mention the federalist Henry Clay who had a big influence on Lincoln. I suggest you read books like "The Real Lincoln" and "Hamilton's Curse" by Thomas DiLorenzo. You can even watch this lectures on youtube.
Lincoln and Hamilton came from the same camp. They both worked for the European banking elites who wanted Federalism and fiat currency to secure Top-Down Statist gov't control.
Lincoln was shot for high treason after the war over States rights (US vs. We, the People of the USA).
We, the People lost our Constitution in that war and have been stuck with Federal Tyranny and martial law ever since.
The Constitution is given lip-service now in order to stop revolution of We, the people.
Wrong! Lincoln was shot by the bankers because he let the treasury print greenbacks instead of taking the private banks money. there was an article in a newspaper twenty years later that revealed that booth was paid by the banks.
Lincoln shouldn't be allowing the treasury to print greenbacks in the first place. You need to read some of his policies, he was a tyrant to the core, the civil war was only one of his horrible policies.
I think you're mistaken. English bankers orchestrated the civil war. they wanted a weak USA so the british "Empire" could continue dominating. They really believed they could crush the US. Their central bankers even said this out clear and loud at the time. watch the movie "money masters". The south has been fed propaganda from the so called "right" through the elite controlling both dem. & rep. parties. just as the boston tea party and 1776 was not about taxes, but the right to print money.
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Prothink2 7 months ago
@Prothink2 Disinfo agent.
TheResistanceV 4 months ago in playlist Inflation Is The True Evil Behind Econmoy Collapse
silly college hippies...what do they know?
shotsky94 7 months ago
The Ponzi Scheme Fed handled $8.4 TRILLION from the Treasury auctions of securities last year and HID IT from Congress. That sounds like theft. Ref. 3W scribd dot com message 49040689
oldereb38 8 months ago
The unconstitutional Federal Reserve as "Federal" as Federal Express must be ended at all costs. They are a criminal organization hellbent on destroying the US Dollar, economy, US Constitution, and sovereignty of the US. Peter Schiff is a modern day Founding Father trying to wake up the average American to the crime of the country.
msungs 1 year ago
How is this angry mob? Your title is wrong.
Tnat1on 1 year ago
Peter Schiff, always +1
FRkiddo 1 year ago
These guys need to read Keynes.
jacobromu 1 year ago
DOWN WITH DODD!!!!!
SCHIFF 2010!
1995CRA 2 years ago 4
"Dick .. I don't think we can get away with that planes thing again .. got anything else in the bag? ... Well we got this swine flu thing"
roflmao
crazybuddhist 2 years ago 4
Say no to banker cock!!! lmao!
Thrice13 2 years ago
good clip
LetsRapeGovernment 2 years ago
This has been flagged as spam show
Should you be short selling stocks?
The short sales are HOT this week on SIRI Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc.
I thought short selling a stock drove the price down? Lots of people are doing it! It must be profitable! SIRI
Jfkennedy62 2 years ago
Peter Schiff, FTW!!!!!!!!!!!!!!!11111
tehPHILOSOPH3R 2 years ago
live free or die
only way to control the goverment is not to be scared of the goverment. but have the goverment scared of you
Phoenixhunter08 2 years ago 3
When the people fear their government, there is tyranny; when the government fears the people, there is liberty.
- Thomas Jefferson
lsa420 2 years ago 14
The money masters doesn't tell everything, it doesn't even mention the policies of LIncoln, which were downright tyrannical. If the British wanted to dominate a weak USA, they would of attacked them after the civil war was over. Lincoln was the President that allowed money to be printed out of paper so he could finance his war. Lincoln was a federalist which pleased the money masters.
FireGuyX 2 years ago 3
This comment has received too many negative votes show
hey Pete, just because there is a bottle of scotch in front of you doesn't you have to drink it. your argument is not logical man....
chaniwie 2 years ago
Need to edit what the dollar says...."Promise to pay you another piece of paper" !!!
Rizky06 2 years ago
I've written my congressman about this, have you? Whats the next step?
screwopenborders 2 years ago
Just think of that one Christmas song "SILVER AND GOLD"...... :-) That is the answer .. It's about preservation and buying power. Because the dollar is being destroyed. Still is .. they're trying to divert people away from economy stuff with the Swine Flu. I think it's amazing to hear these poles of Americans who think the economy is better all of the sudden..
Hold on to your butts! The dark times are coming. ( We can stop it tho .. call your congressman to co sp. HR1207
vinnykster 2 years ago
how do you get gold
msjonesbitches 2 years ago
apmex and northwestterritorialmint have decent gold and silver selections
redcommand85 2 years ago
This has been flagged as spam show
just google "get gold"
cooljj82 2 years ago
2 A leading Wall Street broker says in its weekly commentary that much of the monetary expansion is in the form of excess bank reserves ..which by definition are not put to work and further the link between money supply and inflation has clearly loosened over the last 10 years...
MEXBOL 2 years ago
Mexbol- your second point is a good one, until the money starts to circulate in the economy it will have no impact on inflation. Furthermore, there remains the ability to retighten moneysupply. Nonetheless, Bernanke seems to have been plotting this crisis years beforehand, hence the speech about dropping money from a helicopter. The Fed needs to be owned entirely by the public and held accoutable to the public, through elections or other means.
thoughtchallenge 2 years ago
thoughtchallenge..thx but I was just highlighting another view , i hasten to add not written by myself:...I am just a simple soul trying to understand what has happened and why...
MEXBOL 2 years ago
Mexbol- I appreciate your point of view. I'm not a fan of Peter Schiff and his inflation fear monguering, even though I do believe the crash was either planned or the result of incompetence at the FED.
thoughtchallenge 2 years ago
thoughtchallenge, I too wish there was more non-dooms-day discussion of the problems with the Fed. It seems we only hear it from Peter Schiff and Jim Rogers. Support HR 1207 and get other to do so. This will bring the issues of the Fed to the spotlight, maybe get America to wake up that the day China stops buying our debt, we are broke and don't have any real money. People want regulation and oversight? Let's get from our money changers as well!
soundmoneyfan 2 years ago
Schiff makes a good case but be aware
1 The Economist Magazine this week has an article that consludes China is not likely to sour on the dollar any time soon as it does not want to see its own currency rise and
MEXBOL 2 years ago
No, that is your definition and the socialist uber government definition. The role of government in it's original intent by the founding fathers was to let the people manage their own lives, and only to step in in the place of disputes and provide a centralized means of defense against large enemies... like if Britain came back. You think I have not done research... beyond listening to others and reading others.. I happen to be able to think for myself, and the real problem is government itself
Bilakaifa 2 years ago
lol -- I liked the use of the hockey stick as a sign post for the black "end the fed" sign. I'll use that idea in the future.
jeff99az 2 years ago
What a large rally!
sexwithbozscaggs 2 years ago 3
I hate Obama. I wish he was in Air Force One when it flew over New York, because had he been I would of shot it down with an RPG. It was flying low enough, afterall.
Ryomoto 2 years ago
zionist shill
dimaniak2 2 years ago
Make government accountable!
Support HR1207
jibbi4one 2 years ago 4
aewsome
greenback001 2 years ago
I agree that we need change at the Fed, but I don't agree with Gold standard. As it stands banks have a say in the Fed, they also get a dividend from the Fed of 6% weather the economy grows or not. The problem is the Fed is not accountable to the public, it has been intentionally depoliticized. What are the chances that Ben Bernanke will be held accountable for the economic collapse? He will be reappointed to another term as if he were some kind of hero.
thoughtchallenge 2 years ago
Either way you'll loose under fractional banking. The people don't control the money supply and they can change the interest rates at will. CD's only offer 2% right now, which is garbage. That's why we had the debt bubble of this decade, because the interest rate was too low compared to inflation. Inflation robs savings.
ohio1998 2 years ago 2
I'm no fan of the gold standard mostly because there remains the possiblity of a new large mine or synthetic process.
My belief is that the Fed should be run by and for the people not the banks. Banks having stock in "Our Fed" is criminal.
I'm expecting a third bubble due to Fed extremes, but also the result of the public's widespread involvement in stocks through 401K plans. People investing in these plans have little idea what their stocks really consist of and invest in them blindly.
thoughtchallenge 2 years ago 2
What was it like BEFORE the FED?
Well, for starters, there was NO INCOME TAX!
MzProgressive 2 years ago 16
your hard work subject to the income tax essentially guarantees the US debt. Thats it. Utimately at the end of the day the only reason income taxes exist is to pay the Fed back for money created out of thin air.
IntuitiveOne76 2 years ago 3
END the FED !!!
And also the ECB please !!!
kevinz1985 2 years ago
government borrowing money from the FED means having to pay the FED interest on money the FED does not have, just prints. if gov spends money to create something, they order a "chair" or a road from you. you make it, you get money from the gov. the gov gets a road it can toll or give to you & business & so wealth is CREATED. why would gov want to "borrow" money at interest from the FED, money the FED doesnt have, when money's supposed to reflect work thats being DONE, not numbers borrowed.
gunthaarz 2 years ago 2
Drunk with the wine of Babylon. Root cause = evil. The root of all evil is money. And the love of it. Whoever controls the money supply is evil. Rothchild, rockefellar etc.
Jesus Christ is Lord.
mattgen2000 2 years ago
Real money based on a relatively rare commodity is NOT the root of evil.
The root of evil is GREED for power and control over others. Fiat currency based on faith and credit is a tool of those greedy for power.
Sound Money based on a rare commodity is simply a representation of labor, a tool, and commodity of exchange.
Money should NOT grow as trees. It should NOT be fiat because Faith and Credit is NOT representative of expended labor and rarity whereas Gold is.
yakyakyak69 2 years ago 3
Peter,
Don't take any food or drinks from anyone. We need you. Don't get the flu.
gofins1 2 years ago
Peter Schiff is hot there lol!!
mds1993 2 years ago
Fed heads are having another policy meeting this coming week (Tuesday and Wednesday). The public should demand to have "taxpayer representing citizens" at all such meetings, the behind closed door NWO bullshit finally needs to stop. It's technically our money, not theirs, we taxpayers pay the interest on the debt, let us sit in on your meetings Ben Bernanke.
Warhorse46 2 years ago
This has been flagged as spam show
9/11 was an inside job.
persona19 2 years ago
Awesome, I can see myself in the crowd at at 5:00. Gorgeous day in manhattan and was great to finally see Peter Schiff live.
malumalumalu 2 years ago
Swine flu is coming for yall!
persona19 2 years ago
Well it gets better then that. Halliburton got the contract for manufacturing the dust, and got financed by Goldman Sachs, so it's a full circle of screwing the American Taxpayer yet again.
Warhorse46 2 years ago
What about the magic pixie dust the Fed sprinkles on all the money, to prevent inflation, is that in the report?
Warhorse46 2 years ago
Why is it that the main stream media never tells the public about the dust i just do not understand. It's like they are missing the secret to the Fed. Anyone who thinks we are going to hyper inflate our dollar is just ignoring the facts.
Jakearoo14 2 years ago
Five starts for sure. We don't even need currency that much. Labor for labor, items for items or labor for items. It could work well.
wbfree 2 years ago
it could, but money makes it much more efficient.
stealthswimmer 2 years ago
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COPY&PASTE
IF YOU WANT A REVOLUTION!
RSmerchants 2 years ago
This comment has received too many negative votes show
The Fed's banker buddies?
Bernanke is getting slammed now for telling Paulson to get rid of his Bank of America CEO banker buddy if he didn't take the Merrill Lynch merger at a loss of billions to avoid another Lehman catastrophe.
averageworkinggal 2 years ago
You're free to your opinion, but what's with throwing around terms like "idiot" if I express mine, you got a problem with free expression here?
Warhorse46 2 years ago
The dollar has been devalued 27% since the year 2000. The Fed engineers the entire structure to rob us of value and to put that value in their pockets, and their banker buddies' pockets. It's to bad we are all law abiding citizens. If this was the "wild west" again they would be strung up and skinned by now, with their hides hung out to dry.
Warhorse46 2 years ago 3
This comment has received too many negative votes show
So what.
My income went up alot more than 27% since 2000.
The Fed is not trying to rob anybody, idiot.
The Fed takes money from the bankers since the bankers can only get loans from the Fed, not capital, and the bankers have to repay the lender of last resort loans from the Fed with interest if they want to get their AAA-rated collateral back from the Fed.
Deficit Spending is what is devaluing the dollar since that is real money injected in the domestic economy from abroad.
averageworkinggal 2 years ago
Inflationary processes are also devaluing the dollar, unless that is what you mean by deficit spending.
miniccc 2 years ago
money created by the Fed also causes inflation and devalues the dollar. The money supply has increased rapidly to prevent a falling price level. Looks like it worked for the most part but that just means prices are higher than they otherwise would've been and people that are unemployed are even worse off since they're unemployed AND prices haven't gone down. Perpetual inflation can't stave off a downturn and can't keep employment up forever.
stealthswimmer 2 years ago
with so little protesters, no wander they do as they please (FED). Something told me that we were awake, but we still sound sleep. Nice dreams...
batman551 2 years ago
Welcome to the AMERO!!!
alic123ia 2 years ago
Very powerful and accurate!
Edgarasmith 2 years ago
"Watch ZEITGEIST for all the answers"
For some of the answers, look up Mandell House and Edmund Walsh for even deeper into the rabbit hole of the NWO and throw in the Knights of Malta., especialy Juan Carlos, King Of Jerusalem and Holy Roman Emperor.
Waring: This information is not for the average joe blow.
leonvoltaire 2 years ago
Thank you for the excellent posting of this video.! I always like to hear from Peter- he speaks common sense.
POSSUMTOHIDE 2 years ago
Peter Schiff for Senate!!!!
luxuryglow 2 years ago 4
The potential consequence that our society & political system face is when the majority of responsible homeowners realize that the rate of recovery in home values will take years if not decades to get right side up again, more & more will weigh the consequences with the same immoral philosophy that our elected government employs by propping up failed institutions with our tax dollars which in any court of law would be viewed as criminal.
ccantwell6 2 years ago
Before the FED we had
Massive and quick recessions and depressions
It took longer to overcome these problems.
I think the FED is crooked and it needs to be audited, so that is what you need to do, AUDIT THEM..and you will see how much money they really take in...all the interest on the mortgages and business loans, government loans, they take in more money than anyone truly KNOWS...AUDIT THE GOVERNMENT
that is how the people will know what is going on....
cashman247 2 years ago
This comment has received too many negative votes show
The people already know what is going on at the Fed since the Fed's 2008 Balance Sheet audit was just published.
Also, Bloomberg News reports the monthly status on all the financial rescue program from Fed, Treasury, FDIC and Stimulus bills.
The information is out there.
The crackpots misreport it anyway to stir up delusions in their bubba base.
averageworkinggal 2 years ago
-averageworkinggal, you got the average part right. You might want to put your average mind to work on something like the latest Britney or Paris Hilton gossip and quit spewing a bunch of crap about something you obviously don't know.
randont 2 years ago 5
the Fed is printing like crazy, and all that capital taken from the American public is going into those big greedy bankers' pockets. These fucking bankers screwed up their own business, and now the citizens of U.S. have to bail them out ?!?! wtf!!! so much for the capitalism !!! this is fucking communism and socialism!!!
They fucked up, they take the shit they created, go bankrupt or wutever. fucking using FED to rob the public.
DFGD668 2 years ago
we need a free market, not necessarily capitalism.... a real free market has not existed in this country for a long time.....the people that have the most money and power, use a certain amount of that money and power for keeping others from getting it. Large Corporations squash innovation everyday.
istheretruth 2 years ago
That is their aim eventually if conditions warrant. Lyle Gramley hinted at this not long ago.
cleveland1945 2 years ago
Peter got new glasses!... Kool..
clayvessel 2 years ago
When you guys say 'end the fed' what are you saying takes place after that? Replace it with what? Don't say gold either because the power structure controls the gold in the fist place.
NBaimf 2 years ago
how about a REGULATED, open, audited government agency?
ya know... LIKE many central banks are in this world!
xomox212 2 years ago
Seems to me that most people commenting on this video have no understanding of economics, or freedom for that matter. All your concerned with is the current corruption, and not the system itself, or the principles behind it. You just want to eliminate the Fed and let the government do most everything the Fed was doing. There should be no regulation! There should be no legal tender! This is the way of freedom. Regulation only gives a false sense of security, while leading to monopolies! Comn ppl!
Bilakaifa 2 years ago
It is about survival of the financial system. You can bet they are plenty concerned about conditions. 4 more banks closed this weekend. How high will this go? No one knows. Better get educated.
cleveland1945 2 years ago
u dont realize that we r being kidnapped by the banks, the whole country is. they r like cancer to this great country. "too big to fall" ...right? u see, they are very successful now. we bail these fuckers out this time, there will be a next time. they r too big to fall, and too big to be properly check by the public
DFGD668 2 years ago
WROOOOOOOONG!
xomox212 2 years ago
Don't Stop 'till the FED is DEAD...
from your neighbor to the north.
pvutskos 2 years ago
Angry? They / We are not angry enough!
H.R .1207
NoLongerFooled 2 years ago 2
silver and gold are also the same. they hold some type of physical value because they are a commodity but the value of paper money is something that is like a legal contract that is backed by your government. by using silver and gold you may regulate it because the value is based on a commodity but you also cause other problems. the problem is not the system/method of money it's unregulated banks and lending. i wish people understood that.
satanic6ritual 2 years ago
listen to crash are you ready , they have a series showing just gold based money wont stop the big bankers as they control gold and silver .
its a radio show on gcnlive you will have to look through the archive but the shows are outstanding
bearsagainstevil 2 years ago
Can we all just stop working and hae a one massaive party in the streets? I owuld deffirently go.
GalaxySmith18 2 years ago 2
Well take some initiative and make a date and then promote it, I will help and I am sure others will too. Start local, take video, and it will grow!
sirachman 2 years ago
currency tied to gold is probably on the horizon whether you like it or not. why do you think China is now amassing commodities including precious metals.
cleveland1945 2 years ago
as time goes on and with economic crises...and continually worsen: more people will realize how abusive and corrupt the system has become and that the elite were the ones to set it up and guide it; the sheep will wake up and start unlearning years of social and cultural conditioning as consumerists and citizen slaves; to drop out of what they can. Not out of just mere protest but because of inability to support this system.One that is corrupt and is on verge of collapse. sheep look up
powermousey 2 years ago
People like Peter have no idea how far out of their league they are. If you want to change the system, you don't kill it at the kneecaps, you convince the people to vote out bad things and vote in good things. How dissapointing George - you may be inflicting harm on people without even knowing you are doing so.
steadtfreddy921 2 years ago
powermousey 2 years ago
Money is freedom.
BlueSkies360 2 years ago
yeah, Money is freedom.
And primarily for the elite who set up and guide this existing world system.
Control, guidance, abuse, and slavery for most others.
powermousey 2 years ago
The revolution will not be televised. That's what youtube is for.
eyewitness043 2 years ago
Yeah. Pretty sad.
GalaxySmith18 2 years ago
Not really.
A revolution that is televised is no revolution at all.
When you move against the STATE don't expect the media to support it. Right or Wrong.
This has always been a nation of lawlessness and people should begin to act like it. America was built with slaves. Hello?! Chaos may turn out to be the common man's best bet given the way things are turning out.
eyewitness043 2 years ago
This comment has received too many negative votes show
So, the MIAC Report is correct about you Ron Pall kooks.
averageworkinggal 2 years ago
That's right bitch, and we got registered guns.
eyewitness043 2 years ago 2
This comment has received too many negative votes show
So if the Fed is "robbing you" as you allege, then stop being a wimpy armchair crackpot and take your registered guns to the Fed.
Just remember, Ben "Bubba" Bernanke is a good ole southern boy from Dillon, SC, so don't shoot him.
averageworkinggal 2 years ago
South Carolina? Cool.
"Nothing could be finer
than blasting that vaginer
in the morning."
PrinceWalter 2 years ago
ZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzz...
Trala52 2 years ago
awesome....
054runnerv8 2 years ago
The American revolution the Second Coming.
flagship21 2 years ago 3
WHOOOAAAAA!!!!!!!!
swirlcrop 2 years ago
Fair play for pete getting out there! Here we go... IT'S STARTED!
campeona5 2 years ago
George, great videos lately! ive been watching all of them. thanks!
maximumvalues 2 years ago 2
This comment has received too many negative votes show
If you're hung up on 'good and services' because of crackpot fractional reserve banking conspiracy theory nonsense, just imagine all those services that you get from the bank for free because of vapor money that you'd have to pay for without vapor money.
Vapor money makes the cost of banking to the consumer cheap or nonexistant.
I don't pay anything for the use of my bank account at my bank.
It's free because of vapor money.
averageworkinggal 2 years ago
LOLMAO! You should do a comedy vlog. Hard to fully convey sarcasm with words.
randont 2 years ago
This comment has received too many negative votes show
You're the typical ignorant crackpot.
averageworkinggal 2 years ago
Consider these: you need the vapor money and your not
near your bank nor its Vapor Dispenser.
A hefty fee for service for vapor. And I wouldn't be shocked nor surprised
that as time goes on the banks...your bank too...starts charging fees for services which are free for now. Even the States and or the Federal find ways to take some money out of your account...but on loan and with interest paid back... to protect your and Americas' financial interests at heart or some other nonsense.
powermousey 2 years ago
Without Mic overdrive this time :)
YouriCarma 2 years ago
Anyone else notice the surveillance camera behind Shiff's right shoulder on the lamp post?
airborne373 2 years ago 5
so what ? ....
ExtraTerrestrials 2 years ago
Sorry for the minus wanted to give you a plus.
Give me a minus we equal, again sorry you owned a plus.
YouriCarma 2 years ago
Yeah, Heck I missed his Classic Peter Schiff Mic overdrive to be honest, keeps your nerves sharp.
This rally could use some Mic overdrive.
YouriCarma 2 years ago
This comment has received too many negative votes show
Bullshit.
The $12.8T number is just boob bait hysteria-mongering by conspiracy theory crackpots to stoke paranoia in ignorant bubbas.
The $12.8T is just the credit limit of the various Dem Stimulus, FDIC, Treasury and Fed financial crisis stabilization programs.
If $12.8T had been spent the National Debt Clock would be spinning over $20T.
It's not.
Only about $2T has been spent and much of that was the $1T Obama's Porkulus Bill.
averageworkinggal 2 years ago
Fed guarantees/printing dont show up on the natl debt.
Honkyrappa 2 years ago
You've caught on to the fact that the Fed provides a valuable off-balance sheet service.
The Fed can destroy into thin air what it creates from thin air.
averageworkinggal 2 years ago
Valuable to the bureaucrats in Washington.
Honkyrappa 2 years ago
This country is full of mental children who expect the federal government to insure their safety and make everybody happy. History shows this reliance on centralized government, whether it is the emperor, the Fuhrer, or the lovable, amiable socialist, always leads to disaster. Well, we are well on our way now.
What are going to do now? Vote for Libertarians. Your finished, but you might save your grandchildren.
lacourb1 2 years ago
schiff is like a sublime pillar of reason in a totally insane world.
LisaJ4Liberty 2 years ago
Great speech as always Peter Schiff.
chiyerano 2 years ago
Or as usual, rather.
chiyerano 2 years ago
This comment has received too many negative votes show
The Fed exists only through federal statute.
No private entity requires a federal statute to exist.
The Fed is controlled by POTUS-appointed government officials.
No Fed governor by federal law can have ownership in a bank.
No private individual or foreigner by federal law can own part of the Fed.
Only Bank Corporations, where all the big ones are publically owned not privately owned, can own stock in a Fed regional bank.
The Fed haters are SO IGNORANT!!
averageworkinggal 2 years ago
Schiff remembered which park he was suppose to attend. The US had 2 Central Banks before the Fed Res 1913. The 1st Bank of the US 1791-1911. And the 2n Bank of the US 1816-1836.
Mojo1982 2 years ago
The "FED" needs to be taken over by the US Treasury and controled by Congress with a Constitutional Amendment limiting the creation of new money supply to a set percentage of GDP. Fractional Reserve banking limits need to be reworked and shadow risks (derivitives, CDS, etc..) need to be defaulted on and made illegal. Government already has taken over mortgage, student loan, small business lending by their guarantees, leaving bankster little or no risk only profit. Bailouts = theft.
prescottbill 2 years ago
the government is teaming up with select institutions and producing fraudulent debt instruments/ponzi schemes, taking 12.8 trillion of taxpayers money and giving it to the crooks, instead of arresting them!
BlueSkies360 2 years ago
Isn't it ironic that this "pig flu" is dominating the headlines instead of this important issue?
Annihilate3275 2 years ago
Peter better hire some body guards.
SouthFacedWindows 2 years ago
yes but averageworkinggal......where did the banks get their money from...it came from the federal reserve ! where do you think the physical money came from in order to issue the credit ! what you also dont understand is that the federal reserve is a PRIVATE ENTITY and has nothing to do with the U.S. and thus is unconstitutional for them to issue our money !
PREPAREORSUFFER 2 years ago 3
This comment has received too many negative votes show
Banks don't get their money from the Fed unless they can't get loans in the private sector and they have to provide AAA-rated collateral to get the loan from the Fed.
.
Banks get started with private capital.
Banks make money from private sector loans and investments.
The Fed controls their reserve requirements to control the money supply.
averageworkinggal 2 years ago
that is the most rediculous things ive ever heard. Its not the fed? lol but its the federal reserve's systems banks that create money.lol thats like saying that its not the car that hit the pedestrian and killed him but it was the bumper that hit the pedestrian and killed him. The federal reserve system of legal counterfeit is the problem, it is a waste of time to disect and blame some parts of the system more than the others, END THE FED
slickbtk 2 years ago 2
"banks make money from private sector loans and investments" lol ok buddy, but your forgetting that the money they loan out is not real money. They loan out 90-99% nothingness yet the get real interest on that nothingness. They loan out money that doesnt represent and good or service but they receive interest with money that was earned and represents a good or service. THEY LOAN OUT NOTHING AND GAIN SOMEONES REAL PRODUCTION. that is the definition of stealing and confiscation of wealth
slickbtk 2 years ago 4
This comment has received too many negative votes show
What banks loan out gets the borrower all kinds of valuable goodies, like big houses, fancy cars, big screen TVs, etc.
The borrower gets valuable merchandise will all that vapor money.
That vapor money is also legal tender.
If you don't like vapor money, would you prefer huge bank fees that would devour your capital instead of it, since that would be the alternative?
averageworkinggal 2 years ago
averagworkinggal, Before you hurt yourself giving banks a blow-job, know that "credit" is not legal tender.
You should at least know who's behind the knob your polishing.
People should run up their credit card with the intent NOT to pay them back. That seemed to work out well for wall street.
eyewitness043 2 years ago 2
I can see that you're a crackpot.
A borrower from a bank receives valuable consideration which the borrower uses as either legal tender or as the proceeds to acquire valuable merchandise, such as a house, and is thus enriched by the loan.
The loan is a valid contract which the borrower is obligated to pay back or be subject to a breach of contract action from the bank.
You should try learning something about the law.
averageworkinggal 2 years ago
I can't fix stupid.
eyewitness043 2 years ago
anyone have the entire Schiff speech?
WOLFENCT 2 years ago
This comment has received too many negative votes show
The Constitution does not restrict Congress' national currency power to just specie so says the SCOTUS.
Congress has the power to determine the form of the national currency.
The Gold and Silver coin clause is a restriction on the States, not Congress, to prevent States from issuing competing currencies to the national currency defined by Congress.
States issued their own currencies under the Articles of Confederation, which meant chaos.
The Constitution ended that.
averageworkinggal 2 years ago
This comment has received too many negative votes show
Peter Schiff makes a great case for the national currency power, which the Constitution provides solely to Congress, and a central bank in his description of the chaotic banking system prior to the Fed where there were numerous bank note currencies which disrupted national commerce.
The Fed and national currency enabled free flowing commerce and thus boosted the economy.
averageworkinggal 2 years ago
Schiff is right. The country got flooded with credit card offers starting in the 1990's. College students you name it. Fed was behind it.
cleveland1945 2 years ago 3
This comment has received too many negative votes show
The Fed was not behind the boom in credit cards.
The National Bank Act of 1864 was behind the boom in credit card lending and the 1978 Marquette SCOTUS decision that enforced the federal preemption doctrine for National Bank credit card issuing banks being free from state consumer protection regulation.
averageworkinggal 2 years ago
Artificially low interest rates to banks by the Fed leads to irresponsible loans by banks, including credit card companies.
Lyndehouse 2 years ago
Thanks for the reply. The point being made was the Fed stepped up flooding the economy with liquidity. They did this by looking the other way as banking interests slowly ignored prudent lending practices and wound up with the result we are faced with today with mortgages, etc. Greenspan even said Arms were prudent.......gimme a break.
cleveland1945 2 years ago
This comment has received too many negative votes show
It wasn't the Fed.
The OCC is the regulator of National Banks.
Credit cards issued by National Banks are federal loans and exempt from state regulation, leave regulation to the OCC.
The OCC is more concerned with Bank safety and soundness rather than consumer protection.
The Fed actually helps consumers with low interest rates since that lowers credit card interest rates.
averageworkinggal 2 years ago
get the fuck out of here! the fed creates inflation!
jeffsst 2 years ago
This comment has received too many negative votes show
No, Big Government Politicians create inflation with deficit spending.
Balance the Budget and that would make it easy for monetary policy at the Fed.
With deficit spending, Treasury bloats the domestic money supply with public debt borrowing from foreigners like China.
It's deficit spending where inflation comes from.
averageworkinggal 2 years ago
Say what you will. Reckless Fed policy beginning with LTCM put us in the shape we are in today. Look at the dollar. Looming devaluation. So far, listening to Jim Rogers, Marc Faber, and Peter Schiff has made made me a hell of alot more money that listening to your nonsense. My last comment.
cleveland1945 2 years ago 3
Can you show any more of the Peter Schift speech?
JollyMunkie 2 years ago
There should have been a HUGE roar when he said "Money is gold and silver". Sounds like there were some sleeping people in attendance, too bad. I would have been screaming at the top of my lungs. Peter Shiff is a fucking NATIONAL HERO!
He's talking like he's in a news program, not like he's pumping up a crowd, unfortunately. But there's lots of good info there and it's good to see this :) 5*
drutter 2 years ago 4
hes my hero ...glad to see him out there ...a voice for the people
bobbybubblehead 2 years ago 2
I don't know, have you watched the money masters? They make a pretty good case against the gold standard. We should get rid of the fed but we don't necessarily need to replace it with the gold standard.
DaveIrie 2 years ago
Well, what do you recommend that the fed be replaced with?
chiyerano 2 years ago
You don't replace the fed with anything. Don't people understand that it is not the role of government or any other institution to look over the rest of us and try and manage things like economics and social behavior... Would expect people in the liberty movement would understand this... and as for the replacement currency, it should be non-centralized privately competitive currencies that we look to. No need for a national currency, let there be hundreds of private ones. The best will stand out
Bilakaifa 2 years ago 2
In the money masters they claim something like the international bankers originally were the ones pushing the gold standard back when the colonies had a paper currency that they managed themselves and that worked out well for them until there was a banker fostered war. Man I forget all the details, I have to go back and watch the video again. But basically it seems like the main problem isn't that the money is 'fiat' per say, it's that it's managed by this private cartel that works for profit
DaveIrie 2 years ago
The money masters also said a lot of bull ****. They forgot to mention the huge debt we accumulated through the civil war, which we never got out of thanks to that bastard Lincoln. And you also remember the gilded age was one of the most prosperous times in American history, despite the Keynesian historians who try downplay that period.
FireGuyX 2 years ago
Also Lincoln contributed A LOT to how America is today. He issued paper dollars as legal tender, when it states in the constitution that gold and silver can only be legal tender. They didn't mention the federalist Henry Clay who had a big influence on Lincoln. I suggest you read books like "The Real Lincoln" and "Hamilton's Curse" by Thomas DiLorenzo. You can even watch this lectures on youtube.
FireGuyX 2 years ago
Lincoln and Hamilton came from the same camp. They both worked for the European banking elites who wanted Federalism and fiat currency to secure Top-Down Statist gov't control.
Lincoln was shot for high treason after the war over States rights (US vs. We, the People of the USA).
We, the People lost our Constitution in that war and have been stuck with Federal Tyranny and martial law ever since.
The Constitution is given lip-service now in order to stop revolution of We, the people.
yakyakyak69 2 years ago
Wrong! Lincoln was shot by the bankers because he let the treasury print greenbacks instead of taking the private banks money. there was an article in a newspaper twenty years later that revealed that booth was paid by the banks.
gunthaarz 2 years ago 3
yakyakyak69 is right, look up Lincoln vs. Andrew jackson "The Bank war"
They kill their own all the time, blackmail, ect. they control the issues and people behind the issues, Lincoln knew to much
and my have steped out of line.
AR15Truther 2 years ago
The Bank War was Jackson vs the second central bank, not Lincoln.
FireGuyX 2 years ago
Lincoln shouldn't be allowing the treasury to print greenbacks in the first place. You need to read some of his policies, he was a tyrant to the core, the civil war was only one of his horrible policies.
FireGuyX 2 years ago
I think you're mistaken. English bankers orchestrated the civil war. they wanted a weak USA so the british "Empire" could continue dominating. They really believed they could crush the US. Their central bankers even said this out clear and loud at the time. watch the movie "money masters". The south has been fed propaganda from the so called "right" through the elite controlling both dem. & rep. parties. just as the boston tea party and 1776 was not about taxes, but the right to print money.
gunthaarz 2 years ago