Beck vs. Central Banking

Glenn Beck establishes his right-wing populist credentials by touting the theory that the very existence of a central banking system is the cause of the nation's economic plight. More at Crooks and Liars (http://crooksandliars.com/david-neiwert/glenn-beck-blames-bad-economy-existe). From the Glenn Beck Show 1/24/09.

Category:

News & Politics

Tags:

• Glenn Beck
• Federal Reserve

[StillSmallVoices]

Sir, you need to educate yourself on central banking and its history and the federal reserve, it is sad you buy into the left vs right stuff.

[yakyakyak69]

Right Statist vs Left Statist. They are only disagree on where to spend the stolen taxes.

Right pocket, left pocket on the same federal reserve owned thief.

[SirSethirothSama]

Idiot who posted this video... please look into the Austrian Business Cycle theory. Austrian economics used to be widely accepted until the Keynesians spawned...

[servicetradescom]

the Banking Cartels have won, they have complete control over the monetary system, the new front is Collectivism Vs. Individual rights.

Global warming hype like Cap & Trade, Ban on certain foods, socialist Health care laws, Real Id Act etc., etc., anytime you get herded into something by the government ... BEWARE!

[cAliKidd2468]

THIS IS the FIRST VIDEO GLENN BECK has said substantial !!!! REPUBS AND DEMS AGREE !!!!!!!!

[LostInThought11]

the central bank is full of shit

[jscoppe]

We're arguing the finer points on the same side. I think we can both agree at the very least that fractional reserve banking is leading to the complete devaluation of our currency, regardless of who prints it.

I will seek out and watch "Renegade Economist", I'm always open to new info. I suggest you watch "Money as Debt", it's like a much shorter(45mins) version of "Money Masters"(3.5hrs).

[dilbertgeg]

watch Renegade Economist

Our ruling class, like England's Lords, have de-taxed Land. Then they shift taxes onto capital and labor.

This also causes the boom-bust cycle that asset strips the real economy.

Birch Society, a bunch of conspiracy idiots in 1950s charged Eisenhower with being a rampant communist. Some of them were linked to the murder of a "pink" President they hated bcz he tried to repeal Oil Depletion Allowance.

Jekyll Island is half-truth, and that's generous.

[dilbertgeg]

half-baked

Fed Gov't is NOT handing money out left and right. It's handing money out RIGHT, to a privileged 1% who lost on financial speculation.

Fed Res created 10x Obama's bailouts to buy mortggs.

Fed Res DOES NOT CHARGE GOVT INTEREST. Dumb ass conspiracy bullshit.

Nor is our money COUNTERFEIT.

The Wizard of Oz was about asinine Gold. Farmers opposed it.

Fed Res DOES create money on computers. Then private commecial banks multiply that many times over. US Treasury PRINTS money.

[jscoppe]

I don't understand what your views are, you are very confusing, and don't write in clear English.

Are you upset that the Federal Gov't is handing money out left and right increasing our debt? Because I am. Are you upset that the private banking cartel Federal Reserve has a monopoly on printing counterfeit money and charging us interest on it? Because I am.

[jscoppe]

"Jekyll Island book is not the Bible."

You are correct, "The Creature from Jekyll Island" has facts in it, the Bible is a work of historical fiction, complete with ridiculous myths and absurd moral judgments. I don't believe you have read either one, or you are just selectively reading.

[dilbertgeg]

Jscoppe,

STATE chartered banks created notes. If you took your note to another bank it was discounted.

Some private banks had not 10% reserve, but <1% reserve. It was up to the owner's discretion/luck.

Jekyll Island book is not the Bible.

Fk John Birch Society Nazis.

But yes, the bankers' argument to Congress was if the Congress keeps power to run central bank, "politics" will interfere, in other words Cong might obey VOTERS, bankers opposed democratic control of money.