In the October 2003 Elliott Wave Theorist (page 7) there is the forecast that by the time this economic collapse is over the "Federal Reserve System will be discredited and then abolished." Given the current circumstances the time is ripe for such an idea to grab hold.
Take Ron Paul's new book, End the Fed (out next month) as a starting point, where he "draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional."
Then add his proposed bill to audit the Federal Reserve (HR 1207), which has bi-partisan support in the House of Representatives, and we have the beginning of the end, for the Fed.
As the social mood continues to deteriorate, the Congressman's urgent appeal in his latest book, a combination of describing where it all went wrong and what needs to be done to fix America's economy, is sure to get a lot of attention.
No comments:
Post a Comment