Holding something like this up as proof that the stimulus plan is working is, to put it mildly, unbelievable. Especially when you look at just how much of the 'stimulus' is actually 'stimulating' the economy, and how much (almost half of the $787 billion) is going for 'appropriations', aka pork, as seen in the chart put together by Senator Ben Nelson. (See chart here.) And, by the way, please note that Congress included in the 'stimulus' package an increase of $20 million for its own budget to cover the salaries and expenses of 'temporary staff'. It doesn't take a rocket scientist or economic wonk to see that this kind of 'Congressional oversight' is a foreshadow of what can be expected in the oversite of the proposed government-run healthcare system. But I digress.
What has really happened to our economy? Why did it plummet just before the 2008 election? What other forces were at play besides the initially sited culprits, Fannie and Freddie? Many Americans are still asking these questions.
Let me ask you a question: How much do you know about the Federal Reserve, the all-powerful, privately owned, non-federal government-run, national bank that wields tremendous economic power over our nation? We talked about this on our show recently, including a segment of an interview I did with Paul Walter, about the book his publishing company reprinted, The Coming Battle, written in 1899 outlining how the banking money power gained control of America. (Hear that interview online here.)
Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof.
In 1935 the Supreme Court ruled that Congress cannot delegate its power to another group.
But things have changed. Today it is the Federal Reserve that controls and regulates the U.S. dollar.
Interestingly, Congress refused to audit the Federal Reserve after bills co-sponsored by Rep. Ron Paul and more than half of the House (Federal Reserve Transparency Act, HR 1207), and in the Senate (S 604) co-sponsored by Sens. Jim DeMint, Mike Crapo and David Vitter, were stopped before even being introduced on the floor on "procedural grounds." Why would they do that?
Writing in his recent article, "A Force of One: the Federal Reserve," Chuck Norris makes the claim that the FED is a secret society, "I agree with Judge Andrew Napolitano, who said last week, 'We know more about the CIA than we do about the Federal Reserve.' The Federal Reserve is the Freemasonry of government agencies. It is a virtual secret society unto themselves - a group of unelected brokers who hold the value of our dollar in the palms of their hands. This one agency, with its power to raise and lower interest rates, has exercised more control over the economy than any other government body."
Norris continues, "Could it really be a mere coincidence that the bill to audit the Federal Reserve was refused from even being introduced and that this agency remains the "quick convenience store-house of money" for the Obama administration's borrowing and bailout monies? Again, as Judge Napolitano said, "The Obama administration not only doesn't want the Federal Reserve audited, it now wants to put the power to regulate all banks, insurance companies, brokerage houses – into the hands of this super secret bank. What are they afraid we might see if we get a chance to look at their books?" (Read his article here.)
So, how did the Federal Reserve become the money manager of the United States?
The Federal Reserve came into being with the stroke of the pen of President Woodrow Wilson, establishing a centralized banking system, that "balanced the competing interests of private banks and populist sentiment." (sound familiar?) He appointed seven members of the Board with twelve regional banks, which are located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas and San Francisco.
Today's current (five) board members of the Federal Reserve are Ben S. Bernanke, Chairman, Donald L. Kohn, Vice Chairman, Kevin M. Warsh, Elizabeth A. Duke and Daniel K. Tarullo.
Henry Ford once said, 'It is well enough that 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.'"
Did Ford know something we don't?
Mayer Amschel Bauer Rothschild said, "Give me control of a nation's money and I care not who makes it's laws." He also said, "It (the Central Bank ) gives the National Bank almost complete control of national finance. The few who understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class... The great body of the people, mentally incapable of comprehending, will bear its burden without complaint, and perhaps without even suspecting that the system is inimical (contrary) to their interests."
John D. Rockefeller wrote in his book Memoirs, "For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents, such as my encounter with Castro, to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that is the charge, I stand guilty, and I am proud of it."
But, this information doesn't answer Chuck Norris' claim that the Federal Reserve is a secret society.
Perhaps a speech given by John F. Kennedy to the American Newspaper Publishers Association sheds some light? In it he talks to the press about secret societies:
"The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it." (Hear speech here.)
John F. Kennedy wanted to abolish the Federal Reserve. On November 22, 1963 he was assassinated as his motorcade took an unscheduled route in Dallas.
More than give detailed information about the Federal Reserve I wanted to provoke questions that would cause you to research for yourself. For in so doing you will learn more than any one article can tell.
Is the FED a secret society? You tell me.
Federal Reserve website
See the creation of the Federal Reserve
Other Commentaries by Sharon Hughes
Is The Federal Reserve A Secret Society?
Stupor Tuesday & March Madness
Disappointment After Planned Parenthood Was Been Exposed
Take Your Place In The Public Square Please!
The 'Silent Shame' Many Women Face
Why Worldviews Matter
Jews Speak Up For Christmas!
Confessions Of A Reluctant Prepper
Remembering The John Kerry Of A Few Years Back
2013 – Time To Rise Up & Take A Stand!
Jews Speak Up For Christmas!
The Difference Between Socialism & Communism
The "Evolving" Gay Marriage Debate
Could You Have Passed The 8th Grade In 1895?
Al Gore Promoter Of Doomsday Cult?
What Does It Mean To Love Your Country?
Tears Of A Grateful Nation
The Unthinkable Is Never A Solution
Unbelievable Population Control Quotes By The 'Elite'
Climategate & Copenhagen
What's In The Healthcare Bill?
Envision All Women Free!
Money Management Not Madness!
How To Survive The Insanity
Where Is The Hope?
Bill Maher Still Ranting On Religion And Politics
A Thanksgiving Legacy
The Assault On Sarah Palin Continues
Make Veterans Day Memorable
Not Your Father's Democrat
Ahmadinejad 'Honored' By Religious Coalition In Ny This Week
Al Gore Evoking The Wrath Of God To Validate His Claims
Sf Mayor Ecstatic Over Gay Marriage
Obama's "Typical White Person" Ought Oh!
Barack Obama's Very Controversial Pastor
What's With All The Candidate 'Faith Talk'?
Gays Mock Jesus & The Last Supper
Throw Away Babies
Al Gore Lobbying For The Nobel Peace Prize
Why Roe Vs. Wade Is Losing Ground
Responses To ‘ahmadinejad’s Letter’
Ahmadinejad’s Letter To America
Raising Pagan Children, Scary
'Five Pillars Of Islam’ Vs. The Pope In Schools
True Colors Of Bigotry Busting Out All Over The Place!
War In Iraq Who Is Telling The Truth?
Anti Semitism On The Rise In Europe. Scary!
Preschool For All Initiative, What 'Meathead's' Not Telling You
Terrorism & Our Canadian Border
Teachers Debate Teaching Creationism
Left Wing Gives Ammo To Conservatives
Carter's At It Again
Gay Marriage Where Do Teachers Stand?
A Hamas Win Bad For Israel
Jews Speak Up For Christmas
New York Times Accepts The Unacceptable
Court Gone Mad! 9th Circuit Court Rules Against Parents
Red Alert On Codepink!
Media Fails To Report On Anti War Group's 'Letter From God'
What The Blinkity Blink Is Going On With The Liberal Msm?
Anti Military, Recruitment & Our Youth
Katrina Blows Sheehan, Gay Marriage Off The Screen
Real Racism, Katrina And More...
Yesterday Japan's Surrender. Today Jews Being Forced To...
Ny Times Only Tells Half The Story On Sheehan's Statements
Adult Vs. Embryonic Stem Cell Researh
Is This The End Of The Eu?
A New Face For Gay Pride
Absentee Dads A National Crisis?
The Effects Of Evolution's Racist Roots On Students
From Sci Fi To Sci Fact
To Spit Or Not To Spit, On Jane Fonda That Is The Question
Brave New World Re Visited?
These Are The Times (And Tough Questions) That Try Men's Souls
A Look Back
The Unanswered Questions Of Stem Cell Research
Gore Criticizes Bush's Faith
Compulsory Mental Health Screening Is Coming
Truth, Truth, Where Art Thou?
Stem Cell Wars & The Presidency
Traditional Marriage Wins In California
America Looks At The Wives
The John John Ticket Richest In History
Cloning Cats Schwarzenegger's 'Sixth Day' Has Arrived
'Memorial Day A Time To Remember
'Day Of Silence' Just A Foot In The Door
Anti American Professors
Crooked And Straight Cops
When Idols Fall
Where Are The Entertainment Police?
The Battle Over The "C" Word
A Personal Note On The President's Trip To Baghdad
The Pc (Political Correctness) Police
Immigration And The Law
The Sharon Hughes Show
SUNDAYS 3-5:00pm PST
Tune in to KMYC 1410 AM
>LISTEN LIVE ONLINE HERE
Friday 3:00pm PST
Live Online @
GO HERE FOR:
FOR 20% DISCOUNT
CLICK HERE FOR MORE INFORMATION & TO ORDER
"Nearly all men can stand adversity, but f you want to test a man's character, give him power." -Abraham Lincoln
News in Quotes...
"The GOP nomination process is not rocket science" -Ted Cruz
You Gotta Be Kidding! ...
"An eye for an eye.’" -Donald Trump, on his favorite Bible verse
Book Club - Monthly Conference Call
Sign Up: Email email@example.com
"I appreciate all you do. You are so correct on your statement this week - 'we are at a tipping point.' I say we are at point of no return! Thank you for never compromising" -Brian Bolton
"I so appreciate all you do to help keep us informed." -Kris Seidler
"Truth Woman! Truth has fallen in the streets; we need the Belt more than ever!!" -Steve Simpson