JBS CEO Art Thompson's weekly news video update for Oct. 28 - Nov. 3, 2013.
Senator Rand Paul (R-Ky.) informed Senate leadership that intends to oppose President Obama’s nomination of Janet Yellen to be the next chairman of the Federal Reserve, and he plans to use the process to draw attention to his efforts to audit the country's central bank and the cartel that controls it.
A controversial report released this month by the International Monetary Fund outlines schemes to have big-spending governments with out-of-control debts plunder humanity’s wealth using a mix of much higher taxes and outright confiscation.
From establishment mouthpieces in the West to the brutal Communist Chinese regime’s propaganda outlets in the East, discussion and even brazen calls for ending the U.S. dollar’s (USD) prized status as the global reserve currency are increasingly coming out in the open.
Janet Yellen, a former professor of economics at Berkeley, has openly proclaimed her views on economic policy, and those views deserve very careful scrutiny.
If the U.S. Senate confirms Obama Fed nominee Janet Yellen, she will use her power to ensure the continued ascendancy of the “money trust,” to the long-lasting detriment of America’s dwindling middle class.
Ron Paul predicts that unless the Federal Reserve is audited, there will never be a change in the policies that have essentially bankrupted the United States.
Even in the event of a pending default, the Treasury will not be selling any of its gold reserves to pay the government’s bills.
The bill offered by Representative Kevin Brady (R-Texas) to create a commission to study the effects of Fed actions over the past 100 years is gaining some traction.