Ron Paul Is Right - Abolish the Federal Reserve sign now

Ron Paul Is Right It Is Time To Abolish the Federal Reserve

Today in August 2007, the world financial systems and investment markets, real estate and the availability of credit are all under direct assault due to past actions of the Federal Reserve in the United States.

We the undersigned now call on Congress to begin the steps necessary to abolish the Federal Reserve System. The latest boom, mania and subsequent bust in the stock market, real estate, asset prices and now credit around the world are the direct result of easy money policies of the FED designed to enhance the profits of certain financial special interests. Now in 2007, ultimately as usual, the unsophisticated American middle and working class investors and borrowers who believed the hype and trusted the "so called" experts will pay the price in financial losses.

Wall Streets business as usual call for the FED to intervene and bail out the corporate perpetrators of the problem is like asking a child molester to run a day care center or a drug dealer to teach our children all about drugs. The private banker owned FED is the cause of many of our financial problems rather than the solution.

Since the creation of the Federal Reserve in secret at Jekyll Island, Georgia in 1913, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people.

From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble last year, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts. - Congressman Ron Paul, U.S. House of Representatives September 10, 2002

GOP Presidential Candidate Ron Paul was right back in 2002 and he is right today about abolishing the Federal Reserve and the necessity for the United State to return to a Gold Standard in order to protect the dollar from political manipulations which ultimately will destroy the dollar as a store of value and the financial security of millions of American investors and other innocent hard working citizens around the world.

For more information, read Ron Pauls speech before Congress at:

http://www.house.gov/paul/congrec/congrec2002/cr091002b.htm

Sign The Petition

Sign with Facebook
OR

If you already have an account please sign in, otherwise register an account for free then sign the petition filling the fields below.
Email and the password will be your account data, you will be able to sign other petitions after logging in.

Privacy in the search engines? You can use a nickname:

Attention, the email address you supply must be valid in order to validate the signature, otherwise it will be deleted.

I confirm registration and I agree to Usage and Limitations of Services

I confirm that I have read the Privacy Policy

I agree to the Personal Data Processing

Shoutbox

Who signed this petition saw these petitions too:

Sign The Petition

Sign with Facebook
OR

If you already have an account please sign in

Comment

I confirm registration and I agree to Usage and Limitations of Services

I confirm that I have read the Privacy Policy

I agree to the Personal Data Processing

Goal
0 / 50

Latest Signatures

No one has signed this petition yet

Information

Sherry OrtegaBy:
AnimalsIn:
Petition target:
U.S. Congress

Tags

No tags

Share

Invite friends from your address book

Embed Codes

direct link

link for html

link for forum without title

link for forum with title

Widgets