EXCELLENT new YouTube on Federal Reserve as Cause of current "Crisis"

Well done!

for later. Unable to watch right now.

for the nine to fivers ....

That is a good and well-made video, a great tool to pass along to people.

http://www.1776solution.blogspot.com

Great video thanks

Detective Krum Investigates:
http://victory1project.wordpress.com/
http://v1-p.com/

government is the Spendaholic, the Federal Reserve is the little liquor store down the street, and all of us have been raised in a disfunctional home called America.

True the Federal Reserve Bank is unconstitutional and has destroyed the purchasing power of the US dollar by increasing the money supply, but the problem is much bigger than just the Federal Reserve Bank. States cannot make anything but gold and silver coin legal tender, but obviously Federal reserve notes are being used with the borders of states as legal tender under state law, so the states are openly violating the Constitution.

If you go into your local bank and take out a car loan, the bank makes a bookkeeping entry placing the note you signed on its books as an asset, and simultaneously creates a checking account balance for you which it places on its books as a liability. In doing so, it created "money" out of thin air and loaned it to you at interest. The M2 money supply just went up and there is now more purchasing power out there to bid up the prices of goods and services. These checking account balances just circulate from bank to bank as checks are written and clear against the bank accounts that banks themselves keep at the Federal Reserve Bank as reserves to cover checks clearing between banks. The only way this money ever disappears is in a transaction the opposite of how it originated, i.e., you pay back the loan by writing a check to the bank against your account there which then reduces the bank's asset (loan receivable from you) and the bank's liability (checking account payable to you). Please understand that if you don't pay back the loan, the money never disappears, so all these loan defaults we now see are not reducing the money supply, and never will to the extent that the bank loses.

M2 money supply went from $32.3 billion in 1933 to $7,712.9 billion today, and this was from both the local banks and the Federal Reserve bank expanding debt based "money". A great part of this expansion came from local banks, not the Federal Reserve Bank. If you were to pick a local bank and look at its balance sheet from thirty years ago and compare it to its current balance sheet, you would see a very large increase in assets, and in liabilities over this time period. It's liabilities for checking and saving accounts would have increased greatly, so how else did it get so much more deeply in debt to its customers other than by creating these debts out of thin air and making loans to customers? Think of all the interest you and your neighbors paid the bank on these loans. Ever wonder why the banks have the best buildings in town?

So this youtube video is misleading in that it places the blame fully on the Federal Reserve Bank and leaves out the local banks as culprits in the scam.

In order to have sound banking:
(1)Banks and savings and loan institutions must be separate. Banks must be prohibited from doing anything but warehousing gold and silver received from depositors, so as to give people a safe and convenient means of storing and spending money. Savings and loan banks can accept deposits of gold and silver and loan it out to borrowers, but depositors must understand that they do not have money in these savings and loans, but have lent them money, for which the depositor assumes risk. The savings and loan institutions may not loan out more than the deposits they received from customers and owners.
(2)Banks must hold gold and silver equal to the amount denominated on warehouse receipts (paper or electronic) issued to depositors when the bank receives the gold and silver from the depositors. These banks must function simply as a storehouse and a transfer agent to facilitate transactions between customers. In other words, banks must hold 100% reserves and the reserves must be gold and/or silver.
(3)Government should stand ready to receive gold and silver and mint it into coins without any charge.

and it's on Digg's Front Page... Yeah Baby!

Its a good video & I agree on the precept that the FED keeps a revolving loan on tap for our legislators to continualy dip into ....Howerver there is a systemic problem assocciated with this proccess, & that is a LEGISLATURE that votes policies to spend you into socialistic oblivian, DEBT....THESE policies are threatening the very EXISTANCE of our Constitutional form of self governance, OUR COUNTY itself...IT is my understanding ,handed down from the forefathers that this is a TREASONOUS act & must be delt with....The protection of the U.S. Constitution is to take precidence over & above ALL issues.policies & powers....IT is the sacred DUTY of ALL elected & appointed officers to be held to their solumn oath of DUTY, in this matter ....THERE is NO other DUTY higher than this protection & ALL officers must be held accountable, at the discretion of the people...WE hold this truth to be self evident & this issue cannot be taken lightly...
weee

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

-Woodrow Wilson, after signing the Federal Reserve into existence

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Do you know someone who cares a lot about Israel? Send them this link that explains why Ron Paul's message is better for Israel, America, and the world. www.AmericansForIsrael.com

I'm sending this to all my friends with short attention spans i.e., all of them.

"The strongest message can be sent by rejecting the two-party system, which in reality is a one-party system with no possible chance for the changes to occur which are necessary to solve our economic and foreign policy problems." -- Ron Paul, Sept. 10, 20

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
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Here's the digg link.

http://digg.com/educational/The_federal_reserve_caused_the_7...

not enough have seen this yet!

keep this bumped!!!!
this is excellent - whoever this young woman is - did a fantastic job at
giving the facts clearly - so wonderful - kudos!!

Everyone must watch and share with others all across the USA !!!

End the Fed

Terrific, as always

http://news.goldseek.com/InternationalForecaster/1224431475.php