It’s not easy trying to get children (progressives, etc.) to understand what’s so wrong with the Fed. Conservatives don’t have to be lectured on the topic. “Others” might look at it this way.
Think of the Fed as an institution run by people who claim to be loyal, card-carrying progressives.
Truth be told, they have their own agenda. Taking care of you, your kids, your family or your friends is NOT ‘in the cards.’ The back-stabbers at the Fed will do what they’re told. They are NOT your friends. They never were. GOT IT?

Cut off their heads with a hacksaw, and kick them down the street, as a lesson to all.

The FED is definitely the primary organization I would like to see having all its records seized at all their locations across the country simultaneously by Secret Service SWAT teams about 1500 hours ET. Take the FED officers in custody at an undisclosed location where they are given three hots (sic) and a cot, with all outside communications cut off as financial forensic investigators go over the treasure trove of information. Keep the officers of the FED available to clarify entries in the records and otherwise explain what the thinking behind their decisions was and to identify any and all connections to current and former Presidents as well as Wall Street financial firms.

Then close down the FED to include repeal of the law that created the FED in the first place. If I remember correctly the primary reason (or excuse) the Progressives gave to the people and Congress running up to the creation of the FED was that having a central banking system would prevent bank failures. Well, not so fast as Canada didn’t have one during the Great Depression yet they had NO bank failures and we had lots of bank failures during that same depression.

Good article… I only disagree with one point. I believe those at the fed, imf, etc not only knew about the coming bust but purposely created it. It was set up to be a back door theft of what little wealth and property was left in private hands. Now the “government” holds most of the defaulted property, and the bankers involved made tons of money off this preplanned back-room deal with the government… that is if they don’t simply have the government in a stranglehold and just told them what to do.

The Fed is illegal by our origins. If our government wanted to right the wrongs, they would freeze all of the assets from the people that are “in” The Fed, try and convict, and then execute The Fed from our Nation. Then take all of the frozen assets and reinstitute the gold standard with that money; the price of gold would probably go down once The Fed was executed.

cannot spend more than we have, must cut spending, entitlements, big government, foster entrepenuership

The fed is ruining the status of the dollar and we are losing our ability to find lending institutions because they are drying up and the big banks are consolidating the competiton. Canada was going broke because of this type of economics and finally came to grips with the non expansion and their government being controlled by five major banks…we had better get a grip too and get back to free market capitalism.

Andrew Jackson spent his whole presidency fighting against the creation of a central bank – and he was victorious. He kept a central bank away on his watch. How was he honored by the federal reserve? They slapped him on to a $20 bill. What an insult.

Jefferson deserves even more credit than he gets for exceptional intellectualism. His scientific experiments were extraordinary. His fight against the horrific Federalists should be continued by all today.