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Today marks the 100th anniversary of the Federal Reserve

Today marks the 100th anniversary of the formation of the Federal Reserve Bank, our nation’s central banking system.

The Federal Reserve Act of 1913 was passed in the dark of night while most of the congress was home during Christmas break.

The “Feds” purpose, “to create a more flexible currency”, its result however has been a devalued currency, since 1913 the “dollar” has lost 97% of its purchasing power.

The currency that we are forced to use today resembles the silver certificates that were used prior to the creation of the “Fed”, and so our currency today is counterfeit.

Ironically, the appointment of a new “Fed” chairman is underway, and while votes are being taken, there is a call by members of congress and the Senate to audit the “Fed.” for the first time in 100 years.

From a biblical point of view, consider Lev. 25-37, and several other verses condemning “usury”. Consider also, Mathew 21-12, the only time Christ used violence in his ministry to chase out the “money changers” from the temple and overturned their tables and broke their unjust weights and measures.

The Federal Reserve notes we use are not money, they are a representation of our debt, and they are lent out with usury and measured unjustly.

Our enemy is neither a party nor any one person, it is the corruption of our money that each of us works for and uses to pay for everyday needs and bills.

To mark this infamous day and just how badly it has adversely affected each of us, please consider buying 1 ounce of “silver round” non-government issue (about 20 “dollars” today) at a local coin or jewelry store, do this for Christmas gift to yourself or a loved one.

Let us strive to end the “Fed” and return to honest money to end our slavery to dishonest money and to once again live as a free people.




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Who thinks of this stuff

Some creative people on the Daily Paul

"No army can stop an idea whose time has come"

:'( ...That it has lasted

:'(

...That it has lasted this long.

~ Engage in the war of attrition: http://pacalliance.us/redamendment/

Who gives a rat's rear end

Who gives a rat's rear end about the biblical point of view? Is this now the Daily Bible Thumper?

The Fed is a creation of big bankers designed to empower them to thieve from the rest of us, simple as that. Let's not confuse those who would otherwise be open to recognizing this truth were it not for it being associated with bible thumping redneck gay basing Phil Robertson supporters.

Never trouble trouble til trouble troubles you. Fortune Cookie

TwelveOhOne's picture

FYI, constantly changing you name has no effect on

those people who have already decided to block you. You'll need to create separate accounts, for that.

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I changed my handle once, and

I changed my handle once, and announced it.

http://www.dailypaul.com/304121/freedoms-remnant-now-wacko-bird

And it bothers me not at all that some would choose to block me. Better to not have to respond to ignorant replies to my posts and comments.

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Who gives a rats rear end?

Millions of your fellow Americans who read and live their lives by the word of God.

The point of its mention is that the warnings of fiat money and its perils go back that far.

"No army can stop an idea whose time has come"

Interest is used for translating neshekh and tarbit.

http://en.wikipedia.org/wiki/Loans_and_interest_in_Judaism

The biblical Hebrew terms for interest are neshekh (Hebrew: נשך‎), literally meaning a bite, and marbit/tarbit (מרבית‎/תרבית), which specifically refers to the gain by the creditor;

'neshekh' referred to fee that is charged by deducting it from the loaned money itself, before the loaned money was handed over to the debtor,

Let's say I asked to borrow $100, you gave me $80 and charged a $20 bite.

However, let's say I rented $100 from you and agreed to pay $20 after the term of the loan.

I take the risk if the loan is collateralize. You take the risk if I can provide no collateral.

Paying interest on interest, bites every time the interest is compounded.

The Michigan Constitution of 1857 prohibited the State from borrowing money for public works projects.

The Constitution of 1908 repealed that prohibition.

Giving governments the authority to borrow effectively thwarts the democratic process in favor of the creditors.

The US Congress is dependent on the creditors, so Congress represents the creditors not the people.

Income taxes pay interest on the Federal Debt. The principle has not been paid down since 1893.

We the people, are between a rock and a hard place. What collatoral did Congress provide our creditors. Should we expect the repo man? Or perhaps, slave labor camps?

The trouble started with the ratifying of the Constitution. The Federal Reserve made a bad situation worse.

Yup.

End the Fed.
Prohibit government borrowing.
Legalize competing currencies.

Free includes debt-free!

Michigan MCL 21.153

Also prohibits anything other than gold or sliver in the payment of public debt.

"No army can stop an idea whose time has come"