This letter I sent to President Obama:
The Federal Reserve is responsible for the housing crunch and every boom/bust economy we have had since the creation of the Federal Reserve in 1913.
A little History: Right after President Lincoln created greenbacks, (government created currency without debt) This article appeared in the London Times:
“If this mischievous financial policy, which has its origin in North America shall become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.” London Times
This was just prior to the civil war where the Rothschild Bank of London financed the North, and the Lazard Brothers Bank of Paris, also owned by the Rothschilds, financed the South.
“The division of the United States into federations of equal force was decided long before the civil war by the high financial powers in Europe. These bankers were afraid that the United States, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world.” Otto von Bismark
The civil war was not about slavery, it was about European bankers dividing America.
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to contol the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whome it properly belongs.” Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
“If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20% where as the currency pays nobody but those who contribute directly in some useful way.
It is absurd to say that our country can issue 30 million dollars in bonds and not 30 million dollars in currency. Both are promises to pay, but one promise flattens the usurers and the other helps the people.” Thomas Edison
With the current economic crisis, the only permanent cure to the problem is to nationalize the Federal Reserve System. Once the United States Department of the Treasury is running the Federal Reserve and printing our nations currency without debt. The economy will recover within ninety days and within a year we will have the most prosperous nation on earth.
The choice is yours. Is all it needs is an executive order to nullify the illegal Federal Reserve Act of 1913.