The crime of the FED is not merely financial plunder on government balance sheet levels. Over the years they have engineered a society where individuals replace money with debt. Stark difference to other countries like China. Chinese citizens have 38% savings rate, this is amazing. US citizen saving rate is -10%.
the only control congress has is that it could abolish the Fed. It is a privately owned institution. The FEDs profit may go to U.S. but the member banks make all the money.
Ron Paul is a bright man. I would shocked to discover a direct quote of his where he specifically states that "the Fed is a private bank". Can you locate such a quote for me? If you can, Ron Paul will lose all credibility with me. I have great respect for him as of now. He has many good ideas, but not all of them are good nor realistic or practical. Ron Paul's ideas would be nicely compatible with a world of perfect people. I admire him, even sent him some money because he has an important message to get out. There is no grand conspiracy, Ronin. Just greedy people, people who fuck up, and people, such as yourself, who apparently get all of there information from You Tube Videos. Thankfully, there are also many bright, well informed, honest folks such as Ron Paul and George Soros -- two men with different views but both smart, and well-informed. http://en.wikipedia.org/wiki/Federal_Reserve_System http://www.youtube.com/watch?v=ji_G0MqAqq8 versus the Ronin version: http://www.youtube.com/watch?v=J2fjxaRLpQo&feature=related
Now that's funny, made my day even though I have to clean up the Dr. Pepper I just sprayed all over the screen and key board.
Wikipedia and Youtube are contributed by largely anonymous Internet volunteers. The contents and idea of the articles and video there are often controversial or in dispute. It all depends on how the contributers write the articles or provide videos and how the reader read them.