John Murtha is a complete and utter scumbag.
Showing posts with label Theft. Show all posts
Showing posts with label Theft. Show all posts
Friday, September 4, 2009
Sunday, August 30, 2009
Friday, August 28, 2009
Monday, August 17, 2009
Friday, August 14, 2009
Sunday, August 9, 2009
Monday, August 3, 2009
Tuesday, July 28, 2009
$500,000,000,000?" Bernanke: "I Don't Know."
"The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered." - Thomas Jefferson
The Federal Reserve is not part of our government. It is a private banking cartel that was illegally given exclusive license to counterfeit. They do not answer to our government, and thanks to them we are all basically debt slaves. The IRS is their collection agency. Check out the Grace Commission Report:
http://famguardian.org/Subjects/Taxes/Research/GraceCommissionReports.pdf
"With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government." - from the Grace Commission Report
We need to rid ourselves of both the Federal Reserve and the IRS. They have been stealing from all of us for decades.
Friday, July 17, 2009
IRS Commissioner Evades THE Question
The IRS comissioner could not name or provide the law which supposedly requires Americans to pay Income Taxes.
Saturday, June 20, 2009
Thursday, May 21, 2009
Bring Some Accountability to the Federal Reserve
Quick, get in the chopper!
Rep. Alan Grayson is urging his Democratic party colleagues to join him in cosponsoring HR 1207:
Dear Colleague,
I write to ask you to co-sponsor HR 1207, the Federal Reserve Transparency Act, which would give the Government Accountability Office the authority to audit the Federal Reserve and its member components and require a report to Congress by the end of 2010.
The Federal Reserve System operates as the central bank for the United States, managing the economy’s money supply and overseeing the banking system. Until recently, the Fed has not picked winners and losers when distributing money, nor has it brought credit risk onto its balance sheet. It has slowed or stimulated the economy by raising or lowering interest rates. Since March 2008, the Fed has resorted to using its emergency powers to pick winners and losers, and to take massive credit risk onto its books. Since last September, the Fed’s balance sheet has expanded from around $800 billion to over $2 trillion, not including off-balance sheet liabilities it has guaranteed for Citigroup, AIG, and Bank of America, among others. The bank is also ‘monetizing’ the debt of the United States Government by purchasing massive amounts of agency and Treasury bonds. An audit is the first step in bringing this unaccountable system under the control of the public, whose money it prints and disseminates at will.
The Federal Reserve is an odd entity, a public-private chimera that controls the US monetary system and supervises the banking system. The system is governed by a Board of Governors, with twelve regional reserve banks that serve a supporting role. While the Governors are appointed by the President with confirmation by the Senate, the regional Reserve Banks have boards of directors chosen primarily by private banking institutions. Right now, for instance, the CEO of JP Morgan, Jamie Dimon, serves on the Board of Directors of the New York Federal Reserve Bank, as did Goldman Sachs Director Stephen Friedman.
This creates striking conflicts of interest and unseemly appearances in the management of what is ultimately the public’s money.
Consider:
* JP Morgan’s CEO was a board member of the New York Fed even as he negotiated on behalf of JP Morgan with the New York Fed for a $29 billion bridge loan to allow his company to take over Bear Stearns.
* New York Fed and Goldman Sachs board member Stephen Friedman purchased 37,300 shares of Goldman Sachs stock in December at the same time as Goldman received permission to convert to a bank holding company regulated by the Federal Reserve. Friedman at the time was also overseeing the selection of a New York Federal Reserve President to replace Tim Geithner, and the New York Fed ended up hiring another alumni from Goldman Sachs.
* According to the bank’s website, the two “class B” directorships of the New York Fed that are supposed to represent the public are vacant.
* Enron’s Jeff Skilling was on the board of the Dallas Federal Reserve Bank.
Criticism of banker influence and control of our monetary system is not new. However, the urgency of the financial crisis and the actions of the Fed picking investment bank winners and losers have changed the nature of the criticism. The Senate just passed a non-binding resolution requiring more transparency at the Federal Reserve in its Budget Resolution.
Still, neither the GAO nor the Federal Reserve Inspector General has audited the books of the Federal Reserve or its regional banks. The Federal Reserve has refused multiple inquiries from both the House and the Senate to disclose who is receiving trillions of dollars from the central banking system. The Federal Reserve has redacted the central terms of the no-bid contracts it has issued to Wall Street firms like Blackrock and PIMCO, without disclosure required of the Treasury, and is participating in new and exotic programs like the trillion-dollar TALF to leverage the Treasury’s balance sheet. With discussions of allocating even more power to the Federal Reserve as the ‘systemic risk regulator’ of the credit markets, more oversight over the central bank’s operations is clearly necessary.
The net effect of recent actions has been to isolate financial policy-making entirely from democratic input, and allow the Treasury Department to leverage the Federal Reserve’s balance sheet to spend money it cannot get appropriated from Congress. The public does not know where trillions of its dollars are going, and so has no meaningful control over the currency or this unappropriated “budget”. The extraordinary size of these lending facilities combined, the extreme secrecy, and the private influence is a dangerous seizure of Congress’s constitutional prerogative to appropriate public monies and control the currency.
An audit of the Federal Reserve may not be sufficient to control this sprawling system or bring it back into balance, but it is a start. The public has a right to know to whom the US government is lending trillions of dollars. Dancing around this issue with technocratic terms like ‘increasing liquidity’ and ‘private financial intermediation’ is preventing a full and long overdue public debate on the role of the Federal Reserve and the influence of private banking interests in the governing of our economy.
I encourage my colleagues to support H.R. 1207, so that we can bring some transparency to our banking system and allow the public to have a real debate over the fundamental direction of our nation’s political economy.
Thursday, May 14, 2009
And then there were 156! HR 1207 cosponsors
And then there were 156! co-sponsors to HR 1207.
It's time we stopped letting the corporate bankers steal from us. End the FED!
Any Congressman who doesn't cosponsor HR1207 is basically enabling theft. If your congresscritter isn't a cosponsor, call them on it.
Wednesday, May 6, 2009
Tuesday, May 5, 2009
Who steals from Americans? The FED does!
We'll never have honest money as long as the Federal Reserve is in control of our currency.
Sunday, October 26, 2008
Thursday, October 2, 2008
Friday, July 18, 2008
Tuesday, January 22, 2008
Monday, November 19, 2007
Prophetic Thought for the Day
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson
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