Skip The Audit, Just Abolish: The Fed

Forget the Audit: Just Go Ahead & Abolish the Federal Reserve
By Jim Traficant

ON MARCH 17, 1993, I addressed the House of Representatives
in one of the many "budget" debates. Over the past 16 years,
many publications and books have reprinted my speech.

They viewed my speech as being on target. Researchers have
written to me regarding the speech, confused because it was
printed in two areas of the Congressional Record. My floor
remarks were brief, but I inserted the entire speech into
the "extension of remarks" section of the record.

Nevertheless, the speech stands today as prophetic. America
is bankrupt, and it's growing worse by the day. The U.S.
government was technically dissolved by the "Emergency
Banking Act" of March 9, 1933. THAT'S A FACT.

If you have any doubt, just look around. Foreclosures and
unemployment run rampant. The dollar is dropping so low it
could fit under a closed door with a top hat on, yet every
day the mainstream media is trying to convince us that the
recession is over. Who's kidding whom? If you take Social
Security and Medicare out of our economy, it's a full-blown
depression-a total belly-up depression.

The real rub emanates from the fact that the "trustees" who
preside over U.S. bankruptcy are the international bankers,
via the United Nations, the World Bank and the International
Monetary Fund.

I proclaim that all U.S. offices, officials and departments
are now operating within a de facto status in name only
under "Emergency War Power."

Our constitutional form of government was technically
dissolved and replaced by a so-called "democracy," a
government in actuality being a socialist-communist order
under a new governor for America.

You must be thinking that I've lost my marbles by now-I
don't blame you. But, here come the facts. This chicanery
occurred when authority was transferred and placed in the
Office of the Secretary of Treasury under the governor of
the International Monetary Fund. [Public Law 94-564].

In essence, the dollar was changed from a "promise to pay a
dollar in silver or gold" to a "federal reserve note." Now
think about it: the dollar became a "promise," not "money."



The U.S. dollar is a debt instrument, nothing more than
another debt obligation of the American people. And where is
this obligation to be paid? You probably guessed it, to the
Federal Reserve Bank.

Let's tell it like it is. Federal Reserve notes are
literally unsigned checks written on a closed account. It's
nothing more than inflatable paper creating more debt
through inflation every time our currency is devalued.

Truth is, inflation is actually another tax; invisible,
never seen, but a tax just the same. I don't know about you,
but I always thought that a "contract" under common law is
only valid if it involves an exchange of some "good and
valuable consideration."

If that's not enough to frost your pumpkins, check this out:
The Federal Reserve System is a sovereign power structure
separate and distinct from the U.S. government. It is in
fact, a private corporation.

We, the people of these United States, owe this private
corporation consisting of international bankers a mountain
of debt. The collateral on this debt is our very own homes
and properties.

We the people are nothing more than tenants and
sharecroppers, renting our own property from the Federal
Reserve Bank. Most Americans are mortgaged to the hilt with
few or no assets, working harder and profiting less,
constantly in debt to a private corporation they know little
or nothing about.

BEAM ME UP. This has gone on way too long-WAKE UP AMERICA.

This is nothing more than economic slavery to a bunch of
international fat cats. Our Constitution has been turned
upside down, violated and discarded like toilet paper.
Unbelievable.

It's not rocket science folks-CONGRESS SHALL COIN MONEY, so
mandates the Constitution. It's very clear to me: the
Federal Reserve System should be abolished, not just audited
so the politicians can feel good, but abolished. Enough is
enough. In closing I say "audit this."

Next week-AIPAC. You don't want to miss it.

James A. (Jim) Traficant, Jr. was born in Youngstown, Ohio
on May 8, 1941. He received B.S. and M.S. degrees from the
University of Pittsburgh, where he was a well-known football
star. He also received a M.S. degree from Youngstown State
University in 1976. For ten years he served as executive
director of the Mahoning County (Ohio) Drug Program and from
1981-1985 he served as sheriff of Mahoning County, prior to
his election to the U.S. Congress as a Democrat in 1984. He
was re-elected by overwhelming margins every year up until
2002 when, following his conviction on trumped up corruption
charges, he was expelled from the House of Representatives.
Despite his conviction and expulsion and being sent to
prison for a seven year term Traficant still won 15% of the
vote running for re-election to the House in the 2002
election as an independent. He recently completed a seven-
year prison sentence, having refused to seek a pardon or
clemency, refusing to admit to or apologize for crimes he
did not commit.

http://www.americanfreepress.net/html/forget_the_audit_200.html
--
A government, of Israel, by Israel, and, for: Israel.
But all things that are reproved are made manifest by the light:
for whatsoever doth make manifest is light. The light shineth in darkness;
and the darkness comprehended it not. The light of the body is the eye:
if therefore thine eye be single, thy whole body shall be full of light.
But if thine eye be evil, thy whole body shall be full of darkness.
If therefore the light that is in thee be darkness, how great is that darkness!
Awake thou that sleepest, and arise from the dead,
and Christ shall give thee light. For my yoke is easy, and my burden is light.
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