Home > Shows > The Federal Reserve Bank
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History of the Reserve
The Banking Cartel
Pres. Assassinations & Banking
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Date: |
03-08-05 |
Host: |
George Noory |
Guests: |
Entrepreneur and radio talk show host Andre Eggelletion(1) shared his insights into the Federal Reserve System, which he characterized as a privately owned banking cartel. The privatization of our money system, first begun in 1913, is one of America's prime causes of economic turmoil, he believes.
The Federal Reserve has for many years no longer backed currency with gold or silver, and as a private corporation it's free to make profits off its transactions and interest charges. In fact, Eggelletion pointed out that part of the U.S.'s national debt is actually owed to the Federal Reserve. This rampaging system has lowered the standard of living for most Americans and robs people of their money through inflation, he stated.
The Reserve, which has never been audited, is so powerful that he views it as a "separate shadow government" of America, with Allan Greenspan "riding the back of the tiger." Eggelletion advocates for the US government to nationalize the central bank and restore the constitutional power to issue our own money. But he said that only one Congressman (Ron Paul(2) from Texas) has been brave enough to stand up for this. The rest of Congress lacks the "intestinal fortitude to challenge the economic paradigm," he declared.
1. http://www.talktoandre.com
2. http://www.house.gov/paul/
The Art of Money |
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The American artist J.S.G. Boggs has become known for his artwork which closely resembles currency (such as the pictured "FUNback"). Rather than sell his creations, he attempts to use these bills to pay for goods and services. He doesn't try to pass them off as real, but instead tries to convince vendors that his artwork has the same or higher value as the denomination it is labeled. (Watch a video(1) from the arts show Egg(2) of one his typical transactions.)
1. http://www.pbs.org/wnet/egg/217/boggs/speed.html |
Bumper music from Tuesday March 08, 2005
| 1. | From the Beginning Emerson, Lake & Palmer |
2. | Inca Dance Cusco |
3. | Let's Hang On Four Seasons |
| 4. | Midnight Express (The Chase) Giorgio Moroder |
5. | Midnight Express (The Chase) Giorgio Moroder |
6. | Money Pink Floyd |
| 7. | Money Beatles |
8. | Money (That's What I Want) Beatles |
9. | Money (That's What I Want) Flying Lizards |
| 10. | Money (That's What I Want) Barrett Strong |
11. | Money for Nothing Dire Straits |
12. | Take the Money and Run Steve Miller Band |
| 13. | This Magic Moment Drifters |
14. | #41 Dave Matthews Band |
15. | When You Come Back to Me World Party |
| 16. | Money Honey Bay City Rollers |
17. | Money Honey Clyde McPhatter & The Drifters |
18. | For the Love of Money O'Jays |
| 19. | You Never Give Me Your Money Beatles |
20. | Fanfare for the Common Man Emerson, Lake & Palmer |