‘Fed’ Up

With talks of the government nationalizing some of our banks, I am wondering who will run these banks. Isn’t the idea of nationalizing a bank to rid the banks of the current management? Which Washington elected or appointed government official/co official/nonofficial will run these banks?

Now that I got that off my chest, I want to talk about the Federal Reserve.  The ‘Feds’ have been trying to turn paper into gold. One would think that they are in the business of alchemy. How many times have you heard your parents or maybe you have even spoken these words to your children, “Money doesn’t grow on trees!” Oh, really! Why aren’t leaves used as currency? Is it because there is an abundance of them and that would make those leaves of no value just as our abundant currency is of no value today. Scarcity is the key to something of value.

Historically, societies have relied on monetary systems where currency used in trade was either composed of a physical commodity (such as gold coin—see commodity money) or was exchangeable for a predetermined amount of a named physical commodity, making it a representative money. The represented commodity could be a precious metal such as gold, silver, or copper, although some economies have had money that was redeemable for a fixed amount of other commodity items such as crops, beasts of burden, or food

How many of us really know about or how the currency system works? There is too much for us to know everything. Isn’t that why most of us put our confidence in those that are versed in their specific field? We trust that they will administer to, educate, inform, and enlighten us using ethical and moral principles and without propagandizing. How many of us take what is told to us as fact?

We should go beyond what we hear. We should use our ability to recognize and evaluate different points of view.  We should our use ability to reason.

Love, loathe, or be indifferent to Glenn Beck but I found this video to be interesting. These right wing and left wing conspiracy theorist, as some would call them, get me thinking about things. Then I go and do my own research. Watching this video got me thinking about how the history of the Federal Reserve, etc. and how they operates.

4 thoughts on “‘Fed’ Up

  1. Hi Liz, I listen to Glenn Beck he is great. I used to watch him before he went to fox news. I have read about the government collapse and how China buys our debt in the summer just before all this stuff happened. So I have seen much of this theory that I thought would never happen or hoped it would not happen actually has come to fruition now. It sickens my stomach and I don’t trust our government at all!!!! I applaud you for looking outside the box and not staying in the margins. We are not robots we have questions and they deserve answers and thank God for people like Glenn that will speak up. I am fed up too! I think and pray for you daily. big hugs

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  2. You are an enemy of America, Liz. We can’t have people doing all this thinking. We may begin to stop believing in our government. You are forgetting the concept of “consent of the governed”. The only reason the government can do what it does is because we let it.

    But seriously, when there are enough people like you, we may start sending statesmen (is statespeople a word?) instead of politicians to Washington.

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