Friday, 30 January 2009

Dennis Kucinich States His Intention To Put The Federal Reserve Under Government Control


The Federal Reserve is actually a private institution, albeit with extremely close ties to government. It is an entity overseen by the major US banks.

The problem resides with the fact that the Federal Reserve LOANS notes (money) to the US Treasury at interest for people to use as currency. More money than is loaned out is therefore owed back. That's a scam, and it must end ! The Fed is creating debt with each note it has printed.

[Posted at the SpookyWeather blog, January 30th, 2009.]

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