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Free Markets and Wall St are NOT the Problem; End the Fed, Occupy D.C.

From: user 2.
Sent on: Tuesday, October 11, 2011 1:09 AM
As the Wall St. protestors grow in numbers, their message and demands  
become increasingly obscure and disconcerted. It seems everyone has  
their own answer to our economic woes and are quick to place blame on  
whatever institutions or ideologies they feel are responsible. It  
seems like everyone seems to be jumping on the bandwagon, from the  
unemployed, to the unions, to celebrities like Michael Moore. What is  
clear, however, is that many others are now chanting along side people  
like Michael Moore, a well known socialist, and are now blaming  
capitalism and free markets as our problems and presenting socialism  
and bigger government as a solution. As alarming as that sounds, there  
seems to be more and more people out there who seem to be singing the  
same tune. The only problem with their incriminating arguments against  
capitalism and free markets is that they?ve never actually lived in a  
truly free market, and the very ideologies they place the blame on are  
almost the exact same as the ideologies they are now promoting: An  
amplified version of socialism, big government, corporatocracy,  
dependence, and collectivism. The truth is we have not had true  
capitalism or free markets in the United States for at least 98 years,  
or since the inception of the Federal Reserve System. It is impossible  
to have a free market when there is a private central bank that  
controls the money supply by artificially setting interest rates,  
operates without any transparency or congressional oversight, and  
makes secret deals with Wall Street, foreign central banks, and other  
politically-connecte­d insiders. That is the very antithesis of a free  
market. In a free market, interest rates and the money supply would  
just be determined by supply and demand like anything else. The Fed is  
actually quite inefficient in determining true market interest rates  
and thus creates massive disequilibrium and imbalances that are felt  
worldwide. Bubbles blow up and pop when artificial supply and demand  
for money is created by just a few people, leaving the average person  
to cope with the pain of the inflation and deflation of their money,  
assets, and resources. In addition to this fundamentally flawed credit  
market, we have a Federal Government that has gotten so huge and so  
invasive, anyone still saying we live in a free market world should be  
thrown in an insane asylum. We have never before seen such an  
expansion of Federal government than we have in these past few  
decades. Since 1971, when the Bretton Woods agreement was revoked, we  
saw the last remnants of sound money thrown out the window and an  
explosion in government indebtedness.


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