What’s Wrong about the Federal Reserve Act
FEDERAL RESERVE ACT AND PRESIDENT WILSON: A MODERN LOOK
“Our monetary system is an abomination. It violates almost all of the principles that civilized people hold dear:
- From the Biblical point of view, our monetary system violates the admonitions in Deuteronomy not to tamper with weights and measures, and, as clergymen pointed out after the Civil War, it violates the Eighth Commandment not to steal.
- Under Jewish Law, it violates the gnivas das commandment not to misrepresent.
- From a moral point of view, mindful that our money is legal tender, Salmon Chase, when he was Chief Justice of the Supreme Court in 1869, wrote that the legal tender quality of money is only needed for the purposes of dishonesty.
- Economically, fiat monetary systems such as ours have been collapsing for nearly 1,200 years wiping out savings and promises of future payments, such as pensions and annuities. There have been no successes.
- From a scientific viewpoint, Isaac Newton put the kabaach on fiat money at the end of the 17th century when he declared that such money would have no defined unit of measure. That is, our money has nothing to tie it to reality. It is part of the spiritual world. Today, economists describe money as an “illusion.”
- In terms of personal relationships, our monetary system violates the sanctity of contracts, because one does not know what will be the value of future payments. That is, it violates the notion of keeping promises, which is the glue that holds civilization together.
- Now comes Dr. Edwin Vieira who teaches that our monetary system violates the Rule of Law, something that we all hold dear and that our politicians give lip service to. Particularly, he teaches that it violates the supreme law of our land: the Constitution.”
The above quote is from Dr. Lawrence Parks when he was introducing Dr. Edwin Vieira, Jr., Esq., at the The Rotary Club of New York. No, not 50 years ago. This talk exposing the fraud of the Federal Reserve Act and President Woodrow Wilson was given on March 25th, 2003.
The current debt based system foisted by Central Banks is designed to keep you and your children enslaved in a perpetual system of ever growing debt. Current global economic crises are symptoms of a unsustainable debt system that will eventually collapse leaving most people destitute and desperate for relief.
Rather than trusting your money in the debt based paper currency market, you should be storing away some silver and gold. This can be easily done by dollar cost averaging your precious metal purchases now.