Counterspin

The nation's entire money system has been placed in the hands of a private, unaudited Federal Reserve (FR). Interest on the national debt is around $500 billion per year. The case can be made that this payment is neither necessary nor legitimate and the sooner this is addressed, the sooner the average person's mortgage can be cut nearly in half, not to mention the hundreds of billions of dollars in reduced taxes. The supposed purpose of the FR is to regulate the economy. Although China grew at 15% for years, to no detriment, we are told that if a Republican president has an economy above 4%, the FR is needed to increase interest rates and thereby throttle back the economy, to prevent inflation. This in itself would be innocent enough except that this FR mandated interest rate is assigned to FR provided 'loans' requiring a half a trillion dollar a year in interest payment from the government to the FR. If in fact the FR was needed and a decreasing of financ...

For any who read this, I encourage all to raise their voice and demand an audit of the Federal Reserve or call the white house comment line at 202-456-1111 and demand an audit. Half of many people's mortgage payments goes to the Federal Reserve for no other reason but that they managed to convince people that interest has to be paid on printed money.  Wouldn't it be great if everyone's mortgage payment was cut in half because people finally looked at what was really going on. The supposed purpose of the Federal Reserve is to regulate the economy. Although China grew at 15% for years, to no detriment, we are told that if a Republican president has an economy above 4%, the Fed is needed to increase interest rates and thereby throttle back the economy, to prevent inflation. This in itself would be innocent enough except that this Fed mandated interest rate is assigned to Fed provided 'loans' requiring a half a trillion dollar a year in interest payment from the gover...