I was just reading an article and I felt really bad for the subjects. Its about poverty in the USA.
http://www.bbc.co.uk/news/magazine-21636723We have poverty in the UK, but its not on this scale. You don't really hear of British kids without food. And it just seems so unnecessary. This is all because of deliberate destruction of your money by the Federal Reserve.
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 them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Sadly issuing power is still with the FED.
A lot of people don't seem to realise where all the money went during this crisis at the end of 2008. The answer is the FED took it.
They can take your wealth by printing and then withholding money as they please "first by inflation, then by deflation" as Jefferson would say. But the thing is, its not a fair way of collecting wealth. It takes virtually everything from ordinary people and transfers it to the bank. The rich are left unscathed.
And the thing is, its so meaningless. The banks are just playing a computer game and watching numbers they can never spend increase. But there seems to be a huge moral disconnect. That wealth had to come from somewhere when they monetised it as debt. And it came from the toils of America's poor who have been forcibly separated from that money by tax, inflation and outsourcing of their livelihoods.
I felt sad reading that story because these are the poor bastards that Obama pretends to protect. These are the people Capitol Hill are elected to help, and yet they conspire with the banks to inflict this hardship on their people. Its deliberate, preventable and immoral.
And I felt sad about it, because I know no one is going to help them, but also that things are going to get worse. QE3 is unlimited printing of money. The FED are soon going to struggle to export US inflation because other nations won't want the dollar, so fast is its value falling. And that is going to push the prices of things like food and rent higher still. And when these people complain they are starving, Obama will send troops to force them to put up with it.
I just thought I'd make an OP because even as a Brit, it seems so unjust to me. I can only imagine American's either haven't got a f*ck's notion what is happening in their country or that they are furious about it?