NO ACCOUNTING FOR THE FEDERAL RESERVE
Ray Tapajna from Cleveland Plain Dealer in 2000
Thank you for publishing the article by William Greider regarding the
Federal Reserve (March 15). Truly, the Federal Reserve is not part of our government as the name applies, nor are there reserves
to back up our money. The Federal Reserve is a super, master bank of banksand acts as a shadow government run by an unelected
Presidents come and go, and all seem to be afraid of counteracting the Federal Reserve. Today interest rates
are the major tool the Federal Reserve uses to control economic events. * It is a very fine-tuned system that has become very
frail in controlling the economy due to all the concentration put on this approach alone.
The public still stands in
awe of t his bank of banks and shies away from asking for an accounting of what it does. We have a statistical prosperity
but hidden inside of it is a silent depression for many.
Note: Who else can create money out of nothing and then manipulate
it in various ways to grow values.
Former presidential candidate and now his son presidential candidate Rand Paul seem
to be the only ones who challenge the Federal Reserve and call for an audit of it.
Special Note. During a stimulus
debate in the Bush years,
a congress woman asked Ben Bernanke, then Chairman of the Federal Reserve what was the best
way to stimulate the economy. Bernanke surprising replied the best way to stimulate the economy is to "buy domestically
produced goods." His recommendation went unheeded but now we have presidental candidates Donald Trump, Ben Carson and
Rand Paul saying the same thing. It took a long time to get the message out.