Subscription expired
RSSbox powered by rssinclude.com

--



CLICK HERE PLACE YOUR ADS ON AMPED STATUS




--
AmpedStatus Report )))

We Need A Rally To Restore The Rule Of Law And/Or The Constitution

November 11th, 2010 | Filed under Activism, Economy, Feature, Hot List, News, Politics & Government, Video . Follow comments through RSS 2.0 feed. Click here to comment, or trackback.

Email This Email This - Print This Print This

Post to Twitter Post to Facebook Post to Reddit Post to Digg Post to StumbleUpon

By David DeGraw, AmpedStatus

The Federal Reserve represents global banking interests who have overstepped their legal authority. Their Quantitative Easing program is an explicit violation of the Constitution. By deliberately devaluing the dollar and causing the price of basic necessities to rise, the Federal Reserve is, as a matter of strategic policy, sacrificing a significant percentage of the US population for the benefit of a few global bankers. In the process, they are also igniting a global currency war that threatens the security of the American people. In clear terms, the Federal Reserve’s actions represent a declaration of war against the people of the United States.

We Need A Rally To Restore The Rule Of Law And/Or The ConstitutionNow that comedians like Glenn Beck, Jon Stewart and Stephen Colbert have demonstrated the ability to rally thousands of Americans, don’t you think it’s time to have a serious rally to restore the rule of law and the Constitution?

How much longer are we going to remain passive while global banking interests rob us of our national wealth and destroy the fabric of our society. Our nation has become a banana republic where the rule of law has become a farce and clearly doesn’t apply to one-tenth of one percent of the population. Anyone who has been paying attention realizes that an organized criminal operation has taken over the United States.

The collapse of the housing market was the result of organized criminal activity, from top to bottom. The people who committed the largest financial crime in the history of the United States were rewarded with trillions of dollars in national wealth, and continue to be rewarded as this criminal activity continues unabated.

In an attempt to drive the final nail into our coffin, five members of the Supreme Court have blatantly proven that they are beholden to these interests by ruling in favor of unlimited spending on political campaigns, which allows for a grotesque abuse of power and firmly entrenches the banking interests that have seized our nation. These banking interests have paid-off, or legally [sic] bribed, the majority of our elected officials and leaders of both parties, leaving 99% of the American population without representation.

The longer we allow them to get away with it, the more emboldened the global banking cartel is becoming. Let’s look at their latest scam…

Quantitative Fleecing: The Backdoor Bailout & Hidden Tax

We Need A Rally To Restore The Rule Of Law And/Or The ConstitutionOn top of the many crimes already committed, their latest swindle is the Federal Reserve’s Quantitative Easing (QE2) program. QE2 is a money printing scheme that is in direct violation of the Constitution. The Constitution explicitly gives fiscal authority to Congress. The Federal Reserve, as a group of unelected global banking interests, cannot enact this policy without the direct approval of Congress. Therefore, Congress must take immediate action to stop this illegal activity, yet they remain completely silent on this usurpation of power.

As Hussman Funds president John Hussman politely put it:

“Given that fiscal authority is enumerated by the Constitution as the sole right of Congress, and spending is prohibited by the Constitution without explicit appropriation, it seems clear – regardless of how the Federal Reserve Act is written – that monetary operations involving anything but Treasury securities contain unconstitutional ‘fiscal component,’ unless they involve repurchase agreements that would make the Fed whole even if the underlying securities were to fail. It is doubtful that when Congress drafted the Federal Reserve Act to allow the use of mortgage-backed securities, it ever dreamed that the Fed would purchase these securities outright when the issuer was insolvent. Until this issue is clarified in legislation, Bernanke will continue to see it as ‘perfectly sensible’ for the Fed to make ‘money financed gifts’ that substitute his own personal discretion for those of a democracy.

Equally disturbing is that Bernanke apparently has no problem confusing fiscal policy with monetary policy when it suits him.”

The Federal Reserve tells us that they are doing this QE2 program to stimulate the economy and create jobs. Any serious economist will tell you that this is a blatant lie. We know from a basic understanding of economics and the results of QE1 that this program is completely ineffective in accomplishing their stated goals. The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global bankers, which will cause significant harm to the people of the United States and severe ramifications throughout the world. Their actions are igniting a global currency and trade war that is endangering the security of the United States. The Department of Homeland Security should take immediate actions to protect us against these acts of financial terrorism, and that’s not a joke.

The Federal Reserve’s actions are already causing the price of food and gas to increase and will cause hyperinflation on most basic necessities. This is happening at a time when we have a record 52 million Americans living in poverty, 42.4 million on food stamps and 77 percent of the population now living paycheck to paycheck. By deliberately devaluing the dollar and causing the price of necessities to rise, the Federal Reserve is, as a matter of strategic policy, sacrificing a significant percentage of the US population for the benefit of a few bankers – bankers who have already been experiencing all-time record high bonuses over the past two years. This is why we now have the highest and most severe inequality of wealth in US history. Not even the robber barons looted the economy as effectively as these banksters have.

Bill Gross, the head of the world’s largest mutual fund PIMCO, has said he expects the Fed’s QE2 program to cause a 20% decline in the value of the dollar. That may sound like an exaggeration to you, but many analysts are predicating an even more severe decline in value, and given the current global economic environment, with currency wars escalating, the very existence of the dollar is threatened like never before.

The bottom line is that this QE2 program amounts to a 20% tax increase for all Americans. They are not only taking an additional 20% of our annual salary, they are also taking 20% of all the money that we have in the bank. This is a backdoor bailout, a hidden tax, a way for working Americans to pay for the crimes of Wall Street. A way to cover the fraudulent toxic debt that they created in their casino Ponzi scheme that destroyed the economy in the first place.

This is the essence of taxation without representation.

We let them get away with the corrupted bailout. We let them get away QE1, which already stole 10% of our money last year. So now they are back at it, getting even bolder in their disregard for the American people and the Constitution.

The Federal Reserve represents global banking interests who have overstepped their legal authority and explicitly violated the Constitution. In clear terms, their actions represent a declaration of war against the people of the United States. The Federal Reserve Bank and their primary dealers are officially enemies of the state.

We Need A Rally To Restore The Rule Of Law And/Or The ConstitutionMake no mistake, Ben Bernanke is Public Enemy #1.

He represents the interests of the people who have brought overwhelming poverty and economic hardship to our doorstep. When are we going to hold him accountable for his actions?

All elected officials, civil servants and US military service members have swore an oath to uphold and protect the Constitution against all enemies, foreign and domestic. If Congress does not act, they will be derelict in their duties and we will have the legal authority to defend our rights. As American citizens we have a duty to protect the interests of the American people.

I am not calling for anyone to break the law. I’m demanding actions to restore the rule of law. I’m exercising my first amendment right to publicly point out that in the absence of political representation, we have an obligation to take non-violent direct action to restore the rule of law and the Constitution of the United States.

The Road Ahead…

The looting of the US economy that has occurred over the past two years is unprecedented in American history. You don’t have trillions of dollars looted from the economy and go on living business as usual. Most Americans have only a vague understanding of the collapse that we have been set up for. If you think the past two years were bad, and obviously they were, they were just a warm up to what is coming our way. After analyzing the policies in place and the current political environment, I can assure you that the next two years will be worse than the previous two.

As scary as it is to admit, I must conclude that we are only in the beginning phase of our decline. Millions more will be driven into poverty and unemployment. As this prolonged crisis continues the social safety-nets, like unemployment insurance and food stamps, the social safety-nets that have held our society together, will breakdown. Cuts to these vital social programs are going to be severe across the board. Draconian measures are just beginning to be rolled out in state after state across the country.

If you want to know where we are headed, a recent Boston Globe article by James Carroll shined a light on our dark future by revealing a well-established recent trend:

“… as federal corrections budgets increased by $19 billion, money for housing was cut by $17 billion, ‘effectively making the construction of prisons the nation’s main housing program for the poor.’ State budgets took their cues from Washington in a new but unspoken national consensus: poverty itself was criminalized. Although ‘law and order’ was taken to be a Republican mantra, this phenomenon was fully bipartisan.”

We already have more citizens in prison than any other country in the world. Our per capita incarceration rate is now on par to the darkest days of the Soviet Gulag.

What do you think is going to happen when the 52 million Americans already living in poverty can no longer afford to get the food that they need to live?

Unless there is a major shift in political policy, riots and social upheaval are coming. The mainstream media created bubble of reality that we have been all comfortably living in is about to burst. You need to prepare yourself for it.

Until we stop being so naïve and passive and realize that our country has been taken over by a financial terrorism network, until we demand that the rule of law is actually applied, our living standards will continue on the downward spiral that has only just begun.

You may think I’m be overly pessimistic or extreme, but I’m not. Open your own eyes, it doesn’t take much intelligence to see what is happening around us, it just takes some time to do the research and connect the dots. Turn off your TV set. Go online and look at what is happening throughout the world. People are taking to the streets and fighting back all over the world, and I’m not talking about in some backwoods country that you’ve never even heard of. Look at Europe, people are storming their government offices and departments of finance. They understand what is happening and they are defending their future. When will we?

Americans across the country are waking up completely broke, in debt they will never get out of and their job prospects are dire. The wrecking ball came through once and drove 50 million Americans into poverty. It is about to swing back again and take with it another 50 million of us. Our country has been attacked, looted and burnt to the ground economically.

We need to understand that we are in an all out economic world war right now, and we are being viciously attacked without forming any resistance.

The people attacking us are only one-tenth of one percent of the population. If we can recognize this fact and organize on common ground, we can win this war.

Are you ready to fight back?

I’ve made my decision. See you on the frontlines!

Post to Twitter Post to Facebook Post to Reddit Post to Digg Post to StumbleUpon

Email This Email This - Print This Print This


Facebook Comments:

29 Responses - Place Your Comment:

    Previous Comments:

  1. James said:

    The Federal Reserve is the perfect rallying point for activists on both the left and right. It is also the backbone of the diseased system that is destroying our country and much of the world.

  2. Sal said:

    Holy moly! This is an intense essay. Scary but all too true.

  3. Ben Bernanke said:

    If you’re not a multimillionaire, you don’t have any constitutional rights. Get used to it!

  4. Abe said:

    Most honest thing i have ever read. Yesterday I read that Lira article you linked to about the effects of QE2 on 80% of the US population and haven’t stopped thining about what this is going to do to our society.

    This is Waterloo.

  5. Abe said:

  6. Katie said:

    AmpedStatus reminds me of the old Ramparts magazine. There is a bomb in every issue. Or in this case there is a laser guided precision missile in every post.

    Keep firing boys, we’re taking on water fast.

  7. Li Freeman said:

    I’ve posted an idea on my blog on a way to rally in DC and send a real message. Walk right into the white house, supreme court, and capital building and have a good old fashioned peaceful sit in. It’s our property anyway right? From the sit in the world will hear the voice of the logical, peace loving citizens. Things like single payer, less power for corporations, abolishing of the fed and their cartels, and the end of all us occupations are things that all of us should be able to agree upon.

  8. Walt said:

    David, A+ for effort, but people will think you’re just throwing bombs. I’ve tried explaining this to people for the past two years and they just blow me off and watch reality TV. Americans are brainwashed, truly and totally. Americans are incapable of critical thinking. Even people who read your work and who might even get it for about 10 minutes will then go sit down in front of the TV and put it out of their mind. I admire what you’re doing and it takes a lot of guts and intelligence to do it, but you need to just get used to the fact that we are going to experience a great collapse. just hope that we survive it and that something better will eventually replace it. the war is already over, we lost!

  9. Allen said:

    David

    You are a liberal progressives worst nightmare. The problem with the left wing in this country, as Christopher Hedges always points out, is that they are too comfortable in their current lifestyles to actually do anything about all of this and they are therefore complicit in the system that they claim to disdain. They enjoy crying about the system and taking moral high grounds. When a person like you comes along and lays the bloody wicked truth bare for all to see America’s liberal class has to turn away or they will be forced to confront the fact that they are all a bunch of cry baby blowhard paper tigers. You force them into dealing with their own hypocrisy.

  10. Rick said:

    EXCELLENT work.

    As someone who has worked on Wall Street for 40+ years, I can tell you with complete certainty that Bernanke is committed to lowering the living standards of Americans. That is their goal and if you study their policies it is evident. The most shocking thing is that no one really even gets it. Other than a few economic websites everyone is missing the 900 billion pound gorilla that has just been turned lose.

    Keep the fire lit here. The natives will get it at some point…

  11. Xavier Onassis said:

    I know this may shock your minds, Good People, but it’s a shock that will greatly empower those who are striving for a better world – and I submit it’s the very un-before-seen jolt you need to experience if you want to avoid shooting yourselves in the foot.

    There is a huge downside to you in encouraging focus on the illegal thefts. You actually play right into the hands and plans of the wealthpower giants by doing so…you’re actually playing a part in their designs, a part they want and need you to play.

    Let me explain. Focus on the illegal activities – the illegal theft going on – in fact and practice hides, obscures, erases from the forefront of our consciousness the much more important, far, far more numerous, far, far, far more disastrous and constant LEGAL thefts in our fundamentally misconceived economic dystem.

    The wealthpower giants are happy for you to focus your attention and spend your time and energies on their illegal thefts: that way they know nobody is paying attention to what would fix all the problems in a stroke. As long as you spend your outrage in the wrong place, seeking agreement on answers to all the wrong questions, the legal thefts that ceaselessly and automatically funnel the world’s wealth to the wealthpower giants will remain off everyone’s radar – and this is a certainly-fatal mistake humanity is making.

    People are supporting the legal thefts without knowing they do, without being conscious they even exist, and it’s the myriad legal thefts that stay on the job 24-7-365, working tirelessly, ceaselessly – - and with or without human agency helping them along, mind you – - to transfer wealth to the tippy top of the artificial human economic pyramid, simultaneously shifting the work that alone creates the wealth in the other direction. The primary legal theft isn’t even a bug in the system – it’s a feature of the system ever since our species began division of labor and therefore trade.

    The bottom line is this: There is a previously-undetected flaw inherent in our dystem that creates ever-escalating extreme inequality of wealthpower whether we want that or not, and it is in every human being’s best interests to finally SEE this root problem and install a corrective measure (I know of 2 that would work without shocks to the economies) at the macro-macro level to counter for the flaw thereby preventing wealthpower inequality – and the violence that comes attached to it absolutely reliably and gets to everyone – from growing to infinity.

    There is no downside to any person to permanently correcting for the ceaseless transfer of wealth from earners to non-earners.

    And there is no future for humanity if we don’t re-adjustice the wealth, if we don’t justly, according to sound principles, remarry reward to sacrifice.

    There are people right now with enough wealthpower to make human history be whatever they say it will be. Having stratospheric overfortunes causes these people to succumb to their own worst instincts.

    You are in maximal danger, maximal unfreedom, maximal anti-happiness. And, quite without knowing it, quite unintentionally, you, Dear Reader are in league with making it stay that way.

    For those who have already been thinking outside the box and are now ready to graduate to thinking outside the pyramid, please see the comments I left in the thread linked below recently, and then follow the link I gave there to further explanation and illumination of important understandings about the Mother of ALL other issues – currently being ignored on every continent by 6 billion people…who are losing ground hourly because they are still not – after many bloody revolutions and centuries of unnecessary suffering and strife – going to the root their terrible troubles all spring from.

    It isn’t possible to overstate the severity of the Globalocal Emergency we are in, but you might be shocked to discover that the future of everything on this sacred bluegreen garden harbor we call earth hinges not on changing people’s minds, but on getting a majority to see clearly that they are simply not acting in accord with what everyone really already believes.

    I am saying that smoothly reversing the colossal destruction of everyone’s safety, security, happiness and prosperity is far easier than you think it is. I am saying I have tremendous good news for you. I am talking about having the only revolution worth having: the peaceful, lasting, sanity revolution where only bad ideas that are killing us all and this planet get murdered.

    Lastly, to David Degraw; read the refreshing, soundly-reasoned writings I’m offering you before you debate anyone on anything, and every argument you make will be strengthened – enormously strengthened by the wisdom. Enough of humanity’s geno-sadistic march to autogenocide, enough of forever and needlessly begging wealthpower giants for our rights.

    There is no reason to have superrich. There is every reason not to have superrich. The writings I hope you will read explain why. Being able to articulate the why is crucial to everyone gaining precisely the clarity they lack now.

    We are going to murder the idea to have wealthpower giants to ever again have to beg our rights from, by stealthily educating ourselves and each other to how we are unconsciously conning ourselves out of our just birthrights and the real, abundant wealth we are creating, or we are going to succumb to the results of allowing overpay-underpay overpower-underpower to continue.

    To get yourself and humanity a sustainable golden age of peace and plenty and safety and happiness, start by reading XO’s posts here:

    http://tax.com/taxcom/taxblog.nsf/Permalink/UBEN-8AGMUZ?OpenDocument

    To get yourself history on repeat on steroids kaboom oblivion, ignore this post.

  12. [...] We Need A Rally To Restore The Rule Of Law And/Or The Constitution [...]

  13. Banking Cartel Police said:

    Mr. DeGraw,

    We are watching you. You went after the Federal Reserve yesterday and now you are going after JP Morgan. Don’t you realize the order of things! You are your AmpedStatus friends are our servants. You say we are robbing your money. That is absurd! All money is our money! We are doing God’s work.

    Just get your ass back on the plantation and keep your mouth shut! You’re making the peasants think, they are not allowed to think.

    There is nothing to see here people. MOVE ON…

  14. Will said:

    Bravo! Excellent work!

  15. sneezy said:

    David DeGraw….1 Geithner, Bernanke, Summers and Paulson ….0000

  16. [...] We Need A Rally To Restore The Rule Of Law And/Or The Constitution [...]

  17. [...] Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global [...]

  18. [...] Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global [...]

  19. [...] Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote [26]: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a [...]

  20. [...] Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global [...]

  21. [...] We Need A Rally To Restore The Rule Of Law And/Or The Constitution [...]

  22. [...] Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global [...]

  23. [...] Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global [...]

  24. [...] We Need A Rally To Restore The Rule Of Law And/Or The Constitution [...]

  25. [...] We Need A Rally To Restore The Rule Of Law And/Or The Constitution [...]

  26. Justin Hicks said:

    Hello there, just became alert to your blog through Google, and
    found that it’s truly informative. I am going to watch out for brussels.
    I’ll be grateful if you continue this in future. Lots of people will
    be benefited from your writing. Cheers!

    Here is my web site: Justin Hicks

  27. There is definately a great deal to know about this subject.
    I like all the points you made.

    Also visit my blog post :: Paddy o´Brian

  28. John Torres said:

    Hi mates, fastidious paragraph and nice urging commented here, I am in fact enjoying by these.

    Feel free to surf to my blog post – John Torres

  29. Anny said:

    Ordinarily I really don’t read through post about sites, on the other hand wish to say that that write-up pretty pushed my family to carry out consequently! The way of writing have been stunned us. Many thanks, very terrific submit.

29 Responses - Place Your Comment:





-------------------
Since February 2010, we have built the 99% Movement by surviving off of individual donations from people like you. Unlike most other so-called "independent" sites, we are not funded by partisan foundations or political organizations. We are fiercely independent and committed to citizen empowerment through the dissemination of critical information.

If you respect our work, please get a subscription here:



You can also make a one-time donation here.

Your information will be kept confidential.

If you have any questions, please e-mail AmpedStatus[@]AmpedStatus.com.

Our future is in your hands.


----- -------------------