Federal Reserve

[Keith Broaders]

In 1789 the U.S, National Dent was National Debt was 80 million dollars and in 1836 we had completely eiminated hte debt.

Today due to excessiv borrowing we now have a National Debt of over 39 trillion dollars and must  borrow over 3 billion dolars a day just to finance the interest of the National Debt.

Congress violated the Article I Section8 Clasue 5 in 1913 when they voted to pass the Federal Reserve Act and allowed the National Bank begin a practice known as Fractional Reserve Banking.

In order to prevent Natioanl Suicide we must repeal the Federal Reseve Act and stop borrowing money we don't have on things we don't need and can' afford.

We the people must demand the repeal  of the Federal Reserve Act and discontinue the use of Fractioan; Reserve Bankimg.

From Congress first met in March of  1789 until the passage of the Federal Reserve Act  inflation did not exist. The price of an ouce of gold did not change in 124  years.