1913 will forever be a dark year in American history: the 16th Amendment allowing the creation of the IRS and the Federal Reserve Act of the same year laid the groundwork for an emerging authoritarianism and gross levels of corruption our country may just find to be fatal to the republic.
According to CNBC, the Fed is “under an ethics review” after Senator Elizabeth Warren sent letters to 12 Fed Presidents “demanding stricter ethics in stock buying.” But the “ethics review” ordered by Fed chairman Jerome Powell is unlikely to deal with the fundamentals of our 1913 mistake, a mistake as awful as the bit in the Constitution that allowed for slavery, only through the IRS and the Fed, every American who isn’t in the corporate and political ruling class has become mostly subjected to these two freedom-busting organizations.
The CNBC article said, “Federal Reserve Chairman Jerome Powell directed staff to review the central bank’s ethics rules for appropriate financial activities after disclosures that several senior central bank officials made multiple multimillion-dollar stock trades in 2020, while others held significant investments.”
The very notion this is anything but theater meant to assuage deeper, legitimate concerns about the Fed basically “monetizing” all Americans’ labor for the benefit of the few is itself either naivety or the ultimate form of propaganda collaboration between a phony press operation and a corrupt ruling class. The obvious investments by these bank officials are paltry compared to the true depths and breadths of thievery being officially sanctioned and facilitated by the Federal Reserve Act of 1913.
The only solutions are to repeal the 16th Amendment, devolve almost all Federal power save for national defense, repeal the Federal Reserve Act, return to the Gold Standard forthwith, and create new Constitutional Amendments to establish term limits, a balanced budget requirement, the creation of a Council of Censors to try all officials who violate the Bill of Rights in their most generous interpretation, and to establish Domestic Nations and Homelands for them with ownership by their tribal governments and not the Federal Government.
None of these measures, save the last two perhaps, are likely to gain purchase among America’s elected officials who will decry them as impossible, fantastical, and even radical. The Fed will hold its “ethics review” that will make surface suggestions and then keep pillaging our economic productivity in favor of the extremely few at the expense of almost everyone, especially productive workers in the middle class.
One may see in the creation of such Leviathan-like institutions the obvious signs of a civilization in deep and alarming moral, spiritual, and ethical decadence that cannot be managed or changed by the present political system because the massively corrupt ruling class is using that system to protect itself.
The Federal Reserve is a creature of a ruling class that arrogantly sees every human being as a commodity and pawn in their own games, all meant only to serve the benefit of that ruling class. Its ethics inquiry is pure theater.