Posts Tagged ‘Federal Reserve’

Finance War No More

Thursday, September 18th, 2014   Submitted by Tyrone Johnson

SilentVaultSince World War One the United States has engaged in wars of aggression and military occupation in Central America, the Caribbean, Europe, Africa, Asia, and the Middle East. To this day the US military occupies 56 bases in Germany, 113 facilities in Italy, and 84 in Japan. They have an armed force in the “demilitarized zone” on the Korean peninsula, and hundreds of bases in at least 70 different countries.

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Leave the Fed Alone

Saturday, September 15th, 2012   Submitted by Davi Barker

For months now I’ve been experiencing some serious cognitive dissonance. I think it actually started over a year ago while I was staying at the Occupy San Francisco encampment set up in front of the Federal Reserve. I was invited, among others, to speak about the history and function of the Fed. In 2003 Edward Griffin’s book, “The Creature from Jekyll Island” set a brush fire in my mind, and I have largely used his arguments against the Fed, specifically that the Federal Reserve is not Federal, and not a reserve. Griffin adds that the Federal Reserve System is not a system, but that distinction really only carried weight at a time when calling it a “system” obfuscated the fact that it’s a central bank. These days most people don’t mind a central bank the way they did in 1913, but hearing for the first time that the Federal Reserve is not Federal can be jarring for people, and often it gets their attention long enough to explain that it’s actually a cartel of private banks issuing a debt based fiat currency. But at Occupy San Francisco I learned that there’s a whole different way that some people look at the problem.

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