Article Supporting Fed: "average citizens are too stupid to understand the Fed"

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This article is featured on the Market Watch front page.

The Federal Reserve Vs. Ron Paul
http://247wallst.com/2009/11/20/the-federal-reserve-vs-ron-p...

The article opens with:

There is a rumor that has been around Hollywood for decades that some of the greatest silent film comedy scripts were created by screen writers who would bribe wardens at a local insane asylum to allow a patient to sit in on their story meetings. Allegedly, some of the most hilarious moments in the history of comedic cinema came out of ideas from the minds of people who spent all of their time on locked wards. Even the craziest person in the world can give birth to an idea which is both brilliant and intelligible.

and also includes with nice little quote:

The flaw in the thinking about an “open Fed” is that most elected officials and average citizens are too stupid to understand the Fed.

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Re the fed

Is the goal of full employment a good objective? Isn't that like your old aunt saying, "You look bored; let me find you something to do." What is the percentage of workers who are just pushing pieces of paper around? Accountants, lawyers, gov't offices. Why do I have to file 6 forms to get a divorce, uncontested? Any links to something written on this. I guess this all comes back to: It really does not need to be complicated? The stupid aspect is thinking the ivory towers are in it for you.

ABSOLUTELY NO World Bank SDR's when the Federal Reserve ends

John Kaminski summarises Eustice Mullens revelation:

"Of course, the basic premise was a scam, because it removed people’s power to coin their own money, and imprisoned it in the hands of a few bankers. A very few. The Rothschild family. And later to include a handful of now 'prestigious' Jewish names: Schiff, Warburg, Untermyer, Bronfman, etc.

The central banks, since the time of the American Revolution, were all coordinated by the Rothschilds, who captured England. The rest of the white nations of the world fell like so many dominos in the famous Communist theory.

The combination of money and media is irresistible. An entire history has been fabricated, and the majority of the world has believed it."

All of this is extremely relevant to the present demise of the US$ and the imminent end of the Federal Reserve.

WARNING!
If the Federal Reserve is closed during the next few weeks or months and simultaneously a new privately owned central bank (the World Bank in Switzerland via the IMF owned wholly by the Rothschild lead international banking cartel) issuing SDR's - Special Drawing Rights - is implemented, the USA will be in exactly the same situation as it is now where private individuals are issuing America's money, and thereby control of government will remain in private (foreign) hands.

Further, when oil is being bought and sold with SDR's and not american dollars, the 'free cheque book' factor which props up the american standard of living will disappear which will literally wipe out the middle class.

The result of ending the Federal Reserve and going over to privately owned World Bank SDR's will be a 4% corporate/gov't elite class and a 96% serf class.

Mouser

This is precisely the elitist thinking

that leads to paternalistic government legislation taking away all rights of individuals. People are too stupid, we "enlightened" elites should tell them
what to do. There's no end to it once this thinking is entrenched, unless we as a people toss out the arrogant ignoramuses that cannot see beyond their own navels.

It is true that the average citizen does not understand

monetary systems, and many in the government do not understand either; Dr. Paul has pointed out that many of his fellow Representatives don't have a clue, some still thinking that our money is backed by gold.

This is how this great scam has been able to operate right out in the light of day without many understand how it fleeces the public for the benefit of banks and government.

This is another good argument for having only gold and silver as legal tender as required by the Constitution, since gold and silver used as money are controlled by the free market instead of criminals.

I can't believe that Ron Paul's oversight bill is an effort to perpetuate the fed, but rather is an effort to expose it so that it can ultimately be ended.

"The deepest sin against the human mind is to believe things without evidence." Thomas H. Huxley

The premise of the article is correct

"The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system; a system, which if it could do good in any form, is yet so certain of leading to abuse as to be utterly incompatible with the public safety and prosperity."

-- President Thomas Jefferson


"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

-- Henry Ford


"Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States."

-- Senator Barry Goldwater


"The few who understand the system will either be so interested from it's profits or so dependent on it's favors, that there will be no opposition from that class."

-- Rothschild Brothers, of the Rothschild banking dynasty


"All the perplexities, confusion and distress in America rise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation."

-- President John Adams, in a letter to Thomas Jefferson


"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented."

-- Major L.B. Angus


"By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft."

-- Lord John Maynard Keynes, "Economic Consequences of Peace"


"If all the bank loans were paid up, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon."

-- Robert H. Hamphill, Atlanta Federal Reserve Bank

"Average Citizens"

are plenty smart enough to understand the concept of COUNTERFEITING. After all is said and done, that's what the Federal Reserve "System" is... a "legal" counterfeiting monopoly.

Somewhat true, but

I was interviewed for an hour on a local radio show along with Ohio State Senator Timothy Grendel. After laying out how the Fed causes our problems, Sen. Grendel said it was too difficult for everyday people to understand. He is right in a sense, but I have never been known as the bightest bulb and I can grasp it.

"Stupid"??

More like uneducated HUGH difference. Once whoever average(I hate that word) citizen is learn the truth the house of cards will fall.

if this is the same doug

if this is the same doug (http://www.huffingtonpost.com/douglas-a-mcintyre)that wrote this article, then it totally figures. not surprising. this guy is too stupid to think anyone beyond wall st. gives a crap about what he thinks.

I thought the funny part was.

"The Fed, its defenders would argue, is the home to impartial financial minds that have the best interests of the nation’s credit system at heart."
The only best interests these traitors have is their own wallets.

Oh, I hope Ron Paul's bill isn't guttered by these s o b's.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

how fitting -- here's a quote by F. Scott Fitzgerald

"There is nobody so irritating as somebody with less intelligence and more sense than we have."