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Federal Reserve Is Mercantilist – Not Private

• The Daily Bell

Alert: Federal Reserve Tries to Censor Infowars Video ... Alex Jones addresses the latest intimidation tactic from the private Federal Reserve bank, whose San Antonio branch has filed a privacy violation with You Tube demanding the removal of a video filmed at the location during an "occupy" rally. Alex tells them cease and desist this action, which violates the First Amendment. Federal Reserve branches across the country have a long history of trying to stifle free speech and press coverage, from fraudulently claiming that filming its buildings is illegal to threatening arrest and more. "I can't take the Bankster Fed pushing people around any more! Now the Fed wants to take down the video where we prove the Federal Reserve is a private bank impersonating a Federal agency. The Fed is the fraud that gives the globalists their power."PP Forum

Dominant Social Theme: It's a private entity, folks. That's the problem!

Free-Market Analysis: Ellen Brown, Alex Jones and others have done much good work to ensure people know the Fed is "private" not "public" – and the latest action by the Fed in attacking Alex Jones is another indication of the essentially private nature of the US central bank. Here's more from Alex Jones's PP forum:

Federal Reserve Tells YouTube to Take Down Critical Video ... We have received a privacy claim by agents of the FED. They are threatening to remove the video and take down the channel within 36 hours if we don't bow down to their demands. Alex is preparing a video response later and will talk about this more on the (Monday Edition) of the Alex Jones Show. Alex is also looking at taking legal action against the Privately owned Federal Reserve for violating his crews first amendment rights when they were shooting film at a world war one memorial back in April 2009.

But despite the OPERATIVE posture of the Fed as a private institution, it is not entirely private. Alex Jones actually comes close to defining the problem in the forum excerpt above when he explains that the Fed is a "private bank impersonating a Federal agency." There is already a word to define this process: Mercantilism.

Ms. Brown – who has been most vocal on this issue – does not use the word "mercantilism." She wants to emphasize the PRIVATE nature of the Fed so as to offer the alternative of "public banking." Public: good. Private: bad.

The Federal Reserve is a MERCANTILIST entity, one that hides behind a government endorsement. It's private but it would not work without the monopoly power provided by the government. That's how mercantilism works. Powerful private interests seek and receive legal approbation for their private activities.

The Fed didn't come into being until Congress passed an act legitimizing it and even today the US Congress is directly and significantly involved in its structure and activities. Congressman Ron Paul, for instance, is conducting an audit as we write.

 

1 Comments in Response to

Comment by David McElroy
Entered on:

 The Federal Reserve Bank charter expires in December 2012. We should light Congress up with demands that the central banksters not get their license to steal renewed. The economic pillaging we suffer now is the pirates of finance sewing up the loose ends of their 100 year plan of fiscal conquest. Let's prosecute Bernanke, Greenspan, Cain & Co. END THE FED!


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