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  • Essay / The Federal Reserve System: Modern Fascism and...

    Most Americans believe that the United States of America is a beacon of democracy and raw capitalism, the leader of the "free" world. The founding fathers had every intention of making the new world a full-fledged democracy, devoid of any monarchy or totalitarian source of power. The Constitution itself requires that our government be "of, for and by the people" and be divided into complex units of checks and balances, designed to thwart any potential power struggle by any specific branch. In essence, the United States Constitution is a perfect model of democracy in its purest form, with power and control in the hands of its citizens. Unfortunately, this is not the case today. By giving up the right to print its own currency in 1913, the U.S. government handed over its powers to a select few, who have owned and operated this country ever since. They are the true masters of US domestic and foreign policy. Just as a company issues shares to operate as a productive entity, a country must issue currency to finance its operations. This currency is the lifeblood of a nation, creating wealth for its citizens by promoting economic development and providing infrastructure and public services. In a true democracy, the government is owned by the citizens and run by representatives of the population at large, who control and, more importantly, regulate the issuance of that currency. This is an essential point to remember. Just as a state-owned company [that issues too much stock] can be punished by the public markets for diluting its ownership structure, a country's currency can suffer the same effects through inflation if the government prints too much stock. money. relative to the value of the economy. It may be middle of paper......to the 21st century and beyond, it depends. Thanks to innovations like the Internet, the public's ability to access information that was once hidden from the public eye. sight is now possible. This raises hope that, just as the LOTR Community was ultimately successful in thwarting Sauron's efforts, we, as citizens of the United States, can succeed in abolishing the Federal Reserve System and help restore this nation the democratic vision of our ancestors. http://www.federalreserve.gov/pubs/frseries/frseri.htmDelaware Corporation No. 0042817, https://sos-res.state.de.us/tin/GINameSearch.jsphttp://www.lib.umich. edu /govdocs/jfkeo/eo/11110.htmDiLorenzo, Thomas J. 1994. Economic fascism, The FreemanDiLorenzo, Thomas J. 1994. Economic fascism, The Freemanhttp://www.house.gov/paul/legis/106/hr1148. htmhttp http://www.ronpaulinstitute.org/