Also, one thing many of you have not mentioned, is The Federal Reserve Bank-a privately owned central banking system. They are playing a huge part in this mess and they ARE NOT part of our government. Many people do not know this. The Federal Reserve are group of Elite Bankers who are stealing our money any time and whenever they want.

On Sunday, December 23, 1913, two days before Christmas, while most of Congress was on vacation, President Woodrow Wilson signed the Federal Reserve Act into law. Wilson would later express profound regret over his tragic decision, stating:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world – no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

Less than one year later Congress declared the 16th Amendment as having been ratified, although it wasn’t, creating the Internal Revenue Service which became the de-facto collection agency for the Federal Reserve System. Its only duty was to tax the income of citizens to make the interest payments for the U.S. Government loans that would soon follow.

Here’s the link to learn more on The Banking History of The Federal Reserve System:

http://www.fdrs.org/banking_history.html

corvettelady on November 14, 2008 at 11:16 PM

Keep the change – I disagree with you about not buying Gold. As you know, the value of the dollar continues to shrink. The more our govt. keeps the printers running, the worst it gets & eventually our currency will become worthless, so this is where Gold will come in handy to buy things for survival. It has happened before, so would be blind to say it can’t happen again. My family have already stocked up on emergency food, guns/ammo, water, etc. We want to be ready just in case….rather be safe than sorry.

corvettelady on November 14, 2008 at 11:26 PM

Keep the Change – if you look at history, before paper money, gold & silver was used to buy goods and services. I have gold coins. It’s the same thing as money and this was how it was used for hundreds of years until paper money became our currency. Also, my husband sold all his stock once Pelosi & Reid were voted into Congress because he knew they were bad news.

corvettelady on November 15, 2008 at 12:21 AM

angelato0763 – you are correct in your statement on the history of gold as currency. Our govt. did confiscate gold by FDR in 1933 and it could happen again (hopefully I am wrong):
Under orders of the creditor (the Federal Reserve System and its private owners) on April 5, 1933 President Franklin D. Roosevelt issued Presidential order 6102, which required all Americans to deliver all gold coins, gold bullion, and gold certificates to their local Federal Reserve Bank on or before April 28, 1933.
Any violators would be fined up to $10,000, imprisoned up to ten years, or both for knowingly violating this order. This gold was then offered by the Fed owners to any foreign, non-U.S. citizen, at $35.00 per ounce. Over the entire previous 100 years, gold had remained at a stable value, increasing only from $18.93 per ounce to $20.69 per ounce.

corvettelady on November 15, 2008 at 12:30 AM