August 20, 2011 Gilmer County Georgia
Saxby Chamblis is clueless about the Federal Reserve System.
Our US Senators don't understand The Federal Reserve System, which happens to be the tool used to crush production and wealth among the working people of this country. Notice Isakson offered no corrections to the logically incoherent statements made by Chambliss.
I paraphrase here, but the video below presents their very own words...
First Senator Chambliss says:
"There is no question that the Federal Reserve has an inordinate amount of power"and
"We have got to stop printing money in Washington"
and
"Under the current law there is nothing we can do about it"
Then Chambliss states he read the Creature From Jekyll Island, which is a book that explains the secrecy surrounding the design of the Fed by the bankers. This excellent book also PLAINLY STATES that the name of the Federal Reserve Central Banking game is BAILOUT. Chambliss said:
"It scared the hell out of me when I read it too by the way!"
Then he agrees that the FED was created by the bankers in Georgia in 1910 stating:
"But [Jekyll Island in 1910 is] obviously where the Federal Reserve was created."
So far, the FED has too much power, congress can't do anything about it and the bankers designed/created the FED on Jekyll Island in 1910. It gets better.
Now Chambliss tells us that:
"Constitutionally there's alot of power given to the Federal Reserve"
"And you obviously have to change the Constitution to do anything about that."
So now the FED has too much power, congress can't do anything about it, the bankers designed/created the FED on Jekyll Island in 1910 and the US Constitution gives a lot of power to the FED and we have to change the Constitution to do anything about it. In other words, the bankers created the FED in 1910 AND the founders created the FED in 1787... But he's not done yet. There is more.
Next he tells us that
"there is also authority given to the Federal Reserve by Congress."
OK, so let me get this straight. The FED has too much power, congress can't do anything about it, the bankers designed/created the FED on Jekyll Island in 1910, the US Constitution gives a lot of power to the FED and we have to change the Constitution to do anything about it. In other words, the bankers created the FED in 1910 AND the founders created the FED in 1787 AND Congress gives authority to the Fed, BUT Congress can't take that same authority away from the FED.
The truth is this: The Federal Reserve Act was passed by Congress in 1913 and can be repealed or cancelled by congress anytime. They could do it today. The Federal Reserve is unconstitutional because Congress cannot delegate its authority to Coin money. It is unconstitutional because printing paper money is unconstitutional no matter who does it. In addition, paper money or debased currency causes theft and, last I checked, stealing is illegal. Unless you are the government.
Are we wrong to expect our US Senators to understand the insidious, destructive, unconstitutional, unlawful, pillaging central banking system which wipes out the savings and retirement of the middle class, enables unlimited government growth and comes straight out of the Communist Manifesto?
