*** The following is a reply that I posted to RayRed's original post about dismantling the Federal Reserve. *** See link here: https://www.warroomforum.com/threads/new-its-time-to-end-the-federal-reserve.31455/
Regarding dismantling the FED:
The (genuinely) best and brightest financial, fiscal, and economic minds had better be gathered to devise a comprehensive plan before any such initiative is undertaken.
The act of eliminating the Fed cannot be undertaken with an axe. It requires a precision scalpel because, unlike 19th century prior iterations of USA central banks, this FRB (Federal Reserve Bank) has been allowed to so infest every muscle, organ, and capillary of the global economic monster, that any attack on the 'organism' will result in crippling collateral damage, which will begin here in our beloved republic, but will ultimately ripple outward to every nation on the planet. It would take a miracle for the de-coupling of our FRB from the global economic consortium to not devolve into a full out world war. Country A would call in the debt markers of country B while nations C & D default on their debt obligations until E & F call in their debt markers with C & D, and so on and so forth, until the kinetic war kicks in. The World Bank & IMF only function quasi-harmoniously because of mutual, shared inherent greed and love of money & power. Throw a wrench in those gear works and see what happens.
The USA FRB is unafffilated with the US Gov't.. It is a private, for-profit, CLUB comprised of members who are overseen by a member board. The members are the agent's of all USA banks with assets over $300M,, which is ostensibly all but the tiniest, local banks. Let that sink in for a moment. The FRB ARE are the for-profit, commercial banks and Savings & Loans, and the commercial banks and S&Ls are the FRB. They are one in the same, incestuously feeding from and nourishing themselves and each other. Again, let that sink in. These are the same entities that own our homes & businesses (large & small) via mortgages and loans, along with the foreign entities who have foolishly been allowed to purchase and stockpile our national resources. Thank our legislative grandfathers and great-grandfathers who abdicated and abrogated their duties and responsibilities toward our nation's economy and allowed degenerate gamblers (stocks & futures) and Central Banking Authority (greedsters & hucksters) to take over control, management, oversight and central planning of our whole national, and subsequently global economy.
Before any such uncoupling can responsibly be considered our national leaders must re-embrace the gold standard. The problem with that is that we don't have squat for gold left in our coffers anymore. I say that with first hand experience & observation. Fort Knox isn't even on the radar for gold reserves anymore. Our reserves are primarily held in certain mega bank basements in certain large cities within the contiguous 48 States, and let me tell you the vault rooms are pretty darned empty. I know this because at one time in my career the FRB was my client, and I have seen their infrastructure with my own eyes. I can confidently speak of such things now because the corp that I worked for when the FRB was my client is long defunct, and the owners and principals are now all deceased. My contract and any NDAs were with my employer not the FED, so I fear no recrimination or punition.
Ron and Rand Paul's persistent calls for a forensic audit of the FED (which has been persistently quashed by Ds & Rs for nearly a quarter century) would prove just how depleted our reserves are, which is why the Swamp has 'saul alinski'd' Ron Paul as a crackpot and why they alienate Rand Paul at every turn.
I actually think the better long-term solution hinges on ousting the Swamp, replacing them with MAGA, then auditing the whole cabal, every nook & cranny. Find all direct and indirect links to criminality, charge and adjudicate the crimes which would lead to seizure authority. Better to take it over, restructure it from within the core, then carefully excise the domestic and foreign entanglements until a clean central bank emerges from what will have been an unbelievably painful birthing process for every man, woman, and child in this country and across much of the globe. If you've ever wondered why the Swamp is hell bent on keeping Trump out of the Oval Office this cursory info about the FRB is quite literally a "Red Pill" v. "Blue Pill" moment.
Other voices have hearkened the clarion call about the FRB. One such voice is that of Tom Hoenig, former president of the Kansas City FRB and "The FED's Doomsday Prophet". For more info about Mr. Hoenig check out this eye openning Politico piece (or perhaps hit job, depending on one's perspective). https://www.politico.com/news/magaz...st-rates-thomas-hoenig-federal-reserve-526177
RayRed, I hope you don't mind but I've decided to cut/paste this reply as a stand alone discussion leaving a clear link and intellectual property recognition to you and this original post. I only do this because, while I don't expect much, if any, interaction on this honest info I would hope that other folks in this forum might read this, and share outside of the forum with the ultimate goal being the making the FRB/FED a very real campaign issue in 2022 and especially in 2024.
Regarding dismantling the FED:
The (genuinely) best and brightest financial, fiscal, and economic minds had better be gathered to devise a comprehensive plan before any such initiative is undertaken.
The act of eliminating the Fed cannot be undertaken with an axe. It requires a precision scalpel because, unlike 19th century prior iterations of USA central banks, this FRB (Federal Reserve Bank) has been allowed to so infest every muscle, organ, and capillary of the global economic monster, that any attack on the 'organism' will result in crippling collateral damage, which will begin here in our beloved republic, but will ultimately ripple outward to every nation on the planet. It would take a miracle for the de-coupling of our FRB from the global economic consortium to not devolve into a full out world war. Country A would call in the debt markers of country B while nations C & D default on their debt obligations until E & F call in their debt markers with C & D, and so on and so forth, until the kinetic war kicks in. The World Bank & IMF only function quasi-harmoniously because of mutual, shared inherent greed and love of money & power. Throw a wrench in those gear works and see what happens.
The USA FRB is unafffilated with the US Gov't.. It is a private, for-profit, CLUB comprised of members who are overseen by a member board. The members are the agent's of all USA banks with assets over $300M,, which is ostensibly all but the tiniest, local banks. Let that sink in for a moment. The FRB ARE are the for-profit, commercial banks and Savings & Loans, and the commercial banks and S&Ls are the FRB. They are one in the same, incestuously feeding from and nourishing themselves and each other. Again, let that sink in. These are the same entities that own our homes & businesses (large & small) via mortgages and loans, along with the foreign entities who have foolishly been allowed to purchase and stockpile our national resources. Thank our legislative grandfathers and great-grandfathers who abdicated and abrogated their duties and responsibilities toward our nation's economy and allowed degenerate gamblers (stocks & futures) and Central Banking Authority (greedsters & hucksters) to take over control, management, oversight and central planning of our whole national, and subsequently global economy.
Before any such uncoupling can responsibly be considered our national leaders must re-embrace the gold standard. The problem with that is that we don't have squat for gold left in our coffers anymore. I say that with first hand experience & observation. Fort Knox isn't even on the radar for gold reserves anymore. Our reserves are primarily held in certain mega bank basements in certain large cities within the contiguous 48 States, and let me tell you the vault rooms are pretty darned empty. I know this because at one time in my career the FRB was my client, and I have seen their infrastructure with my own eyes. I can confidently speak of such things now because the corp that I worked for when the FRB was my client is long defunct, and the owners and principals are now all deceased. My contract and any NDAs were with my employer not the FED, so I fear no recrimination or punition.
Ron and Rand Paul's persistent calls for a forensic audit of the FED (which has been persistently quashed by Ds & Rs for nearly a quarter century) would prove just how depleted our reserves are, which is why the Swamp has 'saul alinski'd' Ron Paul as a crackpot and why they alienate Rand Paul at every turn.
I actually think the better long-term solution hinges on ousting the Swamp, replacing them with MAGA, then auditing the whole cabal, every nook & cranny. Find all direct and indirect links to criminality, charge and adjudicate the crimes which would lead to seizure authority. Better to take it over, restructure it from within the core, then carefully excise the domestic and foreign entanglements until a clean central bank emerges from what will have been an unbelievably painful birthing process for every man, woman, and child in this country and across much of the globe. If you've ever wondered why the Swamp is hell bent on keeping Trump out of the Oval Office this cursory info about the FRB is quite literally a "Red Pill" v. "Blue Pill" moment.
Other voices have hearkened the clarion call about the FRB. One such voice is that of Tom Hoenig, former president of the Kansas City FRB and "The FED's Doomsday Prophet". For more info about Mr. Hoenig check out this eye openning Politico piece (or perhaps hit job, depending on one's perspective). https://www.politico.com/news/magaz...st-rates-thomas-hoenig-federal-reserve-526177
RayRed, I hope you don't mind but I've decided to cut/paste this reply as a stand alone discussion leaving a clear link and intellectual property recognition to you and this original post. I only do this because, while I don't expect much, if any, interaction on this honest info I would hope that other folks in this forum might read this, and share outside of the forum with the ultimate goal being the making the FRB/FED a very real campaign issue in 2022 and especially in 2024.