Abolish the Fed

To the Editor:

Top honest economists have warned that we are in the first stages of a depression possibly worse than the Great Depression of the 1930s. Mainstream media will not air this information. The responsibility for all recessions, depressions, and manipulations of the economy falls squarely on the shoulders of the Federal Reserve Bank.

The Federal Reserve Bank is privately owned corporation operated for profit. It has no ties to the federal government. Bankers pushed the Federal Reserve Act through the senate in 1913, while most of the senators were home for the Christmas break.

The government prints money and gives it to the Fed for a stamp of approval. The Fed then lends the money back to the government, at interest, so the government can operate. The more money they print the less it is worth. Our taxes go toward the interest on the debt we owe the Federal Reserve and the bankers that own the Fed put the money in offshore accounts where it is safe. These bankers are bleeding us dry, and will continue to do so until we have nothing left to give. They will not stop until nothing is left.

We need to educate ourselves so we can put a stop to the madness. Look up The Money Masters, a three-hour DVD on the Federal Reserve Bank. Read the book The Creature from Jekyll Island by G. Edward Griffin on the start of the Fed. Listen to www.infowars.com. Then you can write your elected representatives and get them to do what they were elected for; to represent your best interests. With any luck we may be able to effect some “change.”

Paul & Babette Lagnese

9 Pebble Road, Newtown                                           January 30, 2009