The quest for the return of sound money in America

Yesterday we marched on with our continual journey to restore sound money in America.  As we do every year, the concerned patriots across the nation gathered and held end the fed rallies.  The federal reserve is a private central banking system that is tasked with regulating the flow of cash & credit in the country.  How is it that private banks and the federal reserve can create our money and collect interest on it?  Nowhere in the U.S. Constitution does it give the authority to a private bank to regulate, control, print & collect interest on our nations currency.  Article 1 Section 8 says the following:

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
….

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;


Here in my area of residence in SE Pennsylvania, where end the fed rallies are held twice a year in the city of Philadelphia, the organizers Mike Salvi & Rob Pepe seem to outdo themselves with each new rally.  This year we had a float being trailered down Market Street which is one of the busiest streets in Philadelphia while musician Jordan Page was playing his excellent tunes.  That definitely had large masses of people coming out of their stores and restaurants to see what was going on, which is exactly what we wanted; to stir up some noise while marching to try to wake up fellow Americans and inform them that the federal reserve is keeping us enslaved with perpetual debt.

With each end the fed rally that passes, it appears that the crowds of peoples that attend  are becoming larger and more diverse.  This isn’t an ethnic group issue, but rather about being free and freedom doesn’t know any colors!

It’s about time that Americans wake up & join us in this fight.  As a nation, we have to educate and inform the masses that the central bank is keeping us in chains and making us poor.  We WILL NOT stop until we have the complete abolition of the Federal Reserve and return to sound money.

Enjoy some photos from the rally yesterday:
11/20/10 End the Fed photos

Photos from past rallies:
4/24/10
11/22/09

Useful links:
End the Fed
Abolish the federal reserve act of 1913
Fiat Currency: Using the past to see into the future
The principles of sound money

Relevant quotes from our forefathers & current politicians:

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. – Ron Paul

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance. – James Madison

Paper is poverty,… it is only the ghost of money, and not money itself. – Thomas Jefferson

About Andrew Shemo

I'm a liberty fighter from the outskirts of Philadelphia, PA.
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4 Responses to The quest for the return of sound money in America

  1. Vernon Etzel says:

    There has been a strong push by the “right” for privatization of governmental functions. Privatization of prisons, of courts, even the military via KBR, Halliburton and Blackwater are examples of sub-contracting government functions.

    So too, the Federal Reserve System was a privatization of the US Treasury department. The core issue that the Fed was supposed to remedy was the implicit failures of fractional reserve banking to create a stable money supply.

    “End the Fed” implies nationalization of the central banking system. I’m all for it, but the issue of fractional reserve banking still needs to be addressed– otherwise the US Treasury is still on the hook as a “lender of last resort” and FDIC insurance.

    • Andrew Shemo says:

      Vernon,

      some of the ‘privatization’ examples you’re speaking about wouldn’t exist without the federal reserve.

      the federal reserve was implemented to keep the bankers rich and make the citizens poor. if you control the money, you control the people. give this a read:
      http://www.michaeljournal.org/fedreserve.htm

      “end the fed” implies the return to sound money. you know, the gold & silver standards. if you cannot afford it then you don’t do it! it’s really simple and economics 101.

  2. Andrew Shemo says:

    Vernon,

    I do agree. We do need to start SLOWLY deducing MANY things. not only do we need to get rid of the federal reserve, but change how we think. sure ending the fed is good, but if we don’t educate the people, then we’ll never accomplish much of anything.

    I’ll check out your link. I don’t think I’ve seen money as debt 2, but I believe I saw the original.

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