Yes – the globalists want to jump to a world central bank and therefore need to pull power away from the Fed to do so. No – that fact does not make abolishing the federal reserve any less critical for the masses of us.

Its saddening to truly see how far the principles of individualism and liberty have fallen, and how long we have been living in a government-created illusion.

So beware – Use a search engine to find “the report from iron mountain”. It was a 1968 US military report detailing possible avenues for implementing a global government. I don’t know whether intelligent extraterrestrials exist – but it is prudent at a very minimum to inform ourselves of how government operatives would like to fool us with stories of them.

The problem is that the larger the government, the less accountable it is to its constituency. And no invention in human history has made governments larger and more immune to the will of their constituency than the invention of paper money!!

Just look at how difficult it is to get an audit of the Federal Reserve. It is simple in theory – all Congress has to do is pass the law doing so, and its done. The Fed exists ONLY at the pleasure of Congress. But then again – in practice it is all but impossible. Many Congressman and many Senators have tried the same thing over the last 100 years and for naught. Because of the way our current political system runs – Congress is completely bought and paid for by corporate lobbyists and pays only insignificant shrift to the demands of voters. They know the people can choose only between one establishment politician and another – and have no real choice at all. So nationalizing a central bank will simply make one set of establishment prostitutes in charge, as opposed to a different set of establishment prostitutes. It will give NO meaningful control back to the people of the US.

The reality is, politicians cannot be trusted with anything so dangerous as complete control over a complete monetary monopoly – which is what we have. The benefit of the gold standard is that it is much harder to manipulate, because gold cannot be printed at will. This means that people have a great degree of control over the government, and can completely defund it if they so choose (by withdrawing their gold from the banks). With paper money controlled by the government, this control is impossible. I would refer you to Ron Paul’s book “The Case for Gold”, from the early ’80s. Or G. Edward Griffin’s book “The Creature from Jekyll Island”.

In my opinion, a gold standard per se is not ideal, although it is far better. I think abolition of any and all legal tender laws – possibly excepting gold and silver coin or bullion – is by far the best monetary policy. This system allows for paper money for people who want to use it, and allows for gold or silver for those who prefer to use that instead. Sophisticated entities (banks and merchants) suffer little if at all from use of paper money (IF its not a sole legal tender and thus a monopoly). Regular people, however, who are typically uninformed as to monetary policy and the dangers of macroeconomic inflation, are always ravaged by paper money – and always have been.

THAT is the reason that governments crave paper money – whether nationalized or managed by a central bank makes no relevant difference. It is a means of taxation that not one in a thousand will understand (as stated by Keynes) – and therefore a means of aggrandizing power to the State directly at the expense of the middle class, and even moreso the poor.

It is how the most insidious form of slavery is created. Paper money creates the slave “who thinks he is free”, and therefore who is the most enslaved of all. It is the mechanism by which to enslave a population, and force them to pay for the costs of their own slavery as well. It is the mechanism by which “people can be brought to enjoy a state of affairs, by which any decent standard, they ought not to enjoy”.

Again I refer you to the Creature From Jekyll Island.

It does not include large laundering activities kept secret by the Fed. Specifically, it does not include open market activities (the same activities which bankrupted the Fed, and to a large degree our country, in 1928-1930 leading to the Great Depression) and does not include trades with international banks, or private payoffs to member banks or private banks in accordance with Presidents’ Working Group on Financial Markets activities to “stabilize” the markets.

These are extremely significant activities that have never been audited. If you listen carefully to Ron Paul – he says that no SIGNIFICANT Audit of the Federal Reserve has ever been conducted, because day-to-day costs for pencils, desks, books and payroll are insignificant when compared with market-disrupting activities, payoffs to foreign dictators and foreign central banks, and manipulations of the market – most of which very likely violate US law.

Thus, the audit is not just for financial accountability but for enforcing criminal penalties provided by our laws as well.

The audit you cite is fine as a comparison tool – it can be used to illustrate just how much is kept secret by the Fed. But to imply that that audit is to the degree and rigor that the IRS “audits” an individual or business suspected of not paying taxes – is wholly incorrect. The latter is what is needed in regard to the Fed, because it handles and gives away trillions of dollars – and refuses to account for these monstrous sums of taxpayer money. That is wholly unacceptable and fraudulent on its face.