Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Black Activist Urges Schools to Change Names from White Segregationist President

Posted on 10/05/2012 4:09:16 PM PDT by rkoliver

Black Activist Urges Schools to Change Names from White Segregationist President

FOR IMMEDIATE RELEASE Contact Ted Hayes 424-222-6010 ted@tedhayes.us

LOS ANGELES – Ted Hayes, homeless activist and host of the weekly radio talk show America’s Black Shield on WNJC 1360-AM in Philadelphia (www.wnjc1360.com ), is calling for for the School Districts of Portsmouth, Virginia and Peoria, Illinois to change the names of the Woodrow Wilson High School and the Woodrow Wilson Primary School, respectively, from a white segregationist U.S. president to a name that will honor a figure in the civil rights struggle for Descendants of Chattel Slaves (African Americans).

“It amazes me that these two schools with majority African-American populations would ask their African American students to honor, to respect, and to be proud of a president who for the first time in U.S. history segregated the federal government,” says Hayes.

Hayes also says that Americans, especially African Americans, assume that Woodrow Wilson was an advocate for civil rights for African Americans. He says it has been throughly documented that assumption it is not true at all.

For example, the November 30, 2009 issue of Reason Magazine reported:

“Upon taking power in Washington, Wilson and the many other Southerners he brought into his cabinet were disturbed at the way the federal government went about its own business. One legacy of post-Civil War Republican ascendancy was that Washington's large black populace had access to federal jobs, and worked with whites in largely integrated circumstances. Wilson's cabinet put an end to that, bringing Jim Crow to Washington.

“Wilson allowed various officials to segregate the toilets, cafeterias, and work areas of their departments. One justification involved health: White government workers had to be protected from contagious diseases, especially venereal diseases, that racists imagined were being spread by blacks. In extreme cases, federal officials built separate structures to house black workers. Most black diplomats were replaced by whites; numerous black federal officials in the South were removed from their posts; the local Washington police force and fire department stopped hiring blacks. Wilson's own view, as he expressed it to intimates, was that federal segregation was an act of kindness.” (http://reason.com/blog/2009/11/30/woodrow-wilsons-legacy)

Hayes also says: “Woodrow Wilson to this day is a hero to the Democratic Party, the party in which almost 90% of black people adhere to. It astounds me that this political party who claims to have always fought for civil rights for Descendants of Chattel Slaves (‘For more than 200 years, our party has led the fight for civil rights…’ -- http://www.democrats.org/about/our_history) would have this white supremacist and segregationist U.S. president as a ‘hero’ today. Why should black students regard and respect this white supremacist and segregationist as a hero?”

Hayes also says there is precedent for a name change for an educational institution from that of a racist governor of the state of California to the first African-American school principal in San Francisco in 2011 (http://www.huffingtonpost.com/2011/05/19/peter-burnett-school_n_864489.html)

Therefore Hayes appeals to the common sense and justice to the communities of Portsmouth and Peoria to “make it right.”

Ted Hayes is a Homeless Activist, Host of America’s Black Shield on WNJC 1360-AM in Philadelphia, PA, and author of the book The Other Side of the Pyramid (http://www.amazon.com/The-Other-Side-Pyramid/dp/0615547990). Ted’s website is www.tedhayes.us

. His email is ted@tedhayes.us.


TOPICS: Culture/Society; Miscellaneous; News/Current Events; US: Illinois; US: Virginia
KEYWORDS: chat; namesake; presidents; purge; racism; segregation; vanity; wilson; woodrowwilson
Navigation: use the links below to view more comments.
first previous 1-2021-4041-51 next last
To: rkoliver

I agree, and they should change the name to Warren G. Harding school to honor the Republican President who was the first to have African-Americans to dinner at the White House.


21 posted on 10/05/2012 5:19:39 PM PDT by Argus
[ Post Reply | Private Reply | To 1 | View Replies]

To: elkfersupper

The only reason why I’d be reluctant to open that particular door is because of the (strong) possibility of the dhimmicrats changing the name to Brack Hussein Øbama high school.


22 posted on 10/05/2012 5:27:56 PM PDT by rockrr (Everything is different now...)
[ Post Reply | Private Reply | To 3 | View Replies]

To: rkoliver

The Symphia M’kinny Skool


23 posted on 10/05/2012 5:34:07 PM PDT by Iron Munro (Obamaspeak: An army of pompous phrases marching across the landscape in search of an idea.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rkoliver

I have to agree.

Wilson’s name should be stricken from all schools, libraries, monuments, etc.

Plus he got us into a war we had no business being in.


24 posted on 10/05/2012 5:54:19 PM PDT by Emperor Palpatine ("On the ascent of Olympus, what's a botched bar or two?" -Artur Schnabel)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rkoliver

That should read DEMOCRAT President.


25 posted on 10/05/2012 6:23:00 PM PDT by arrogantsob (The Disaster MUST Go. Sarah herself supports Romney.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Partisan Gunslinger

The demand for a Reserve bank had been loud from the Western states particularly subject with dismaying frequency to the monetary control of the Easter Money Center Banks. Farmers were regularly busted out by their mortgages being called by banks subject to demands of the East. Plus, the deflation almost always associated with the gold standard crushed those borrowing money.

There is no real alternative to a Central Bank in a modern economy, superstition aside.


26 posted on 10/05/2012 6:29:57 PM PDT by arrogantsob (The Disaster MUST Go. Sarah herself supports Romney.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: elkfersupper
Ted Hayes isn't exactly a leftist activist.

Rebel Evolution (Raw Sound Version)

27 posted on 10/05/2012 6:47:55 PM PDT by TigersEye (dishonorabledisclosure.com - OPSEC (give them support))
[ Post Reply | Private Reply | To 3 | View Replies]

To: rkoliver

Well, let’s not stop there. Washington, Jefferson, Madison, Patrick Henry should all be banished and outlawed. Most American history up until at least 1965 is tainted with evil white people.


28 posted on 10/05/2012 6:51:35 PM PDT by Altura Ct.
[ Post Reply | Private Reply | To 1 | View Replies]

To: rkoliver

at last we can have an Orville Faubus high school or maybe a George Wallace middle school. Don’t these jackasses realize that ALL segregation was Democrat inspired...ALL ku klux klan members were Democrats....pathetic


29 posted on 10/05/2012 7:34:26 PM PDT by terycarl
[ Post Reply | Private Reply | To 1 | View Replies]

To: Argus

I was going to suggest renaming it after Harding because he went to the Deep South as President and made a speech attacking racial discrimination. I did not know about him inviting black Americans to dinner at the White House. Teddy Roosevelt had Booker T. Washington to lunch at the White House (and got a lot of criticism for doing so, I believe).


30 posted on 10/05/2012 7:45:35 PM PDT by Verginius Rufus
[ Post Reply | Private Reply | To 21 | View Replies]

To: rkoliver

Where’s the link?


31 posted on 10/05/2012 7:54:42 PM PDT by A.A. Cunningham (Barry Soetoro is a Kenyan communist)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arrogantsob
The demand for a Reserve bank had been loud from the Western states particularly subject with dismaying frequency to the monetary control of the Easter Money Center Banks. Farmers were regularly busted out by their mortgages being called by banks subject to demands of the East. Plus, the deflation almost always associated with the gold standard crushed those borrowing money.

So you think the endless boom-bust cycles (including the Great Depression) and the inflation slavery of the Federal Reserve system is preferable to a little deflation now and then.

There is no real alternative to a Central Bank in a modern economy, superstition aside.

It looks to me like there are five issues that the people need a debt-based society for (things they have to borrow for or want the government to provide a safety net for).

Homes

Personal transportation

Retirement

College/Retraining/Unemployment Insurance

Health care

I think a system could be set up where the consumer would not have to borrow for these things thus making banks for the average consumer not needed. It would work by establishing an account when a person is born, dividing into these five categories, and letting the accounts grow by investing in the nation's businesses, and then having a schedule set up where the investment returns are distributed to each citizen for life's needs (upgrade to homes every ten years, upgrade personal transportation every 5 years, etc). Each citizen would be free to add into the system to have better-than-average upgrades, etc.

All fiat currencies fail and when our dollar fails it'll be much worse than a little deflation. Our enemies will use the occasion of our currency failure to enslave us even worse than the Federal Reserve has since the Wilson administration. It's part of the grand plan.

32 posted on 10/06/2012 8:03:57 AM PDT by Partisan Gunslinger
[ Post Reply | Private Reply | To 26 | View Replies]

To: Partisan Gunslinger

You really should study a little NON-crackpot history before making such sweeping statements. Should you do so you will find than not only were there frequent deep depressions throughout the 19th century. Added to them were regular financial “panics”. These raised havoc with the economy and life in the U.S.

In fact, it was PRECISELY because of the frequency and destructiveness of such events that there was a loud and long demand from farmers and Westerners for a Reserve Banking system. They were tired of being wiped out arbitrarily by the Money Center Banks back East.

Panics were sometimes stopped when the bankers, under the leadership of J.P. Morgan, stepped in and used their financial power to provide sufficient liquidity to handle the runs on banks. It was only after he died that these financiers and bankers realized that some other means of handling these disturbances would have to be found.

The Money Center Banks had opposed a Reserve Bank (because it diminished their power) for decades only changing their minds after the death of Morgan. There was no giant conspiracy. This was a Populist demand.

Nor is there any natural tendency towards inflation posed by central banking. Rather than “a little deflation” which you fantasize existed there was persistent and severe deflation caused by the lack of money, not to mention the complications caused to the bi-metallic system we were on when the ratio of gold to silver was upset by discoveries of one metal or the other. From 1814-49 the wholesale price index fell 55%, only the discovery of gold in California inflated the economy out of the depression.

In order for the economy to grow at an acceptable level it has to have a money supply which grows at least at 3% per year. Since the discovery of the New World the average rate of growth of the gold and silver supply has been LESS than 1.2% i.e. a persistent deflation. And this growth rate INCLUDES the massive supplies brought into Europe in the 16th century.

The term “fiat” currency is not particularly informative since that does not describe the money we use. No matter how many government “fiats” are proclaimed they cannot make currency valuable if the people do not believe it to be so.
It really is a “faith” currency and that faith is sustained by the ability to purchase things with that currency.

Since the creation of the Federal Reserve the American consumer has seen a dramatic increase in his living standards and is able to purchase and own things which Kings of old could not afford.

Central banking, like all human activities, has not always been directed by right-minded directors but that does not indicate in any way that it is an inappropriate institution or one in opposition to the needs of the citizens.


33 posted on 10/06/2012 12:23:21 PM PDT by arrogantsob (The Disaster MUST Go. Sarah herself supports Romney.)
[ Post Reply | Private Reply | To 32 | View Replies]

To: arrogantsob
You really should study a little NON-crackpot history before making such sweeping statements. Should you do so you will find than not only were there frequent deep depressions throughout the 19th century. Added to them were regular financial “panics”. These raised havoc with the economy and life in the U.S.

We went without the foreign bankers from the Jackson Administration to the Wilson Administration. During this time we added most of the western states to our nation, built the railroads, went from a wood and horse based society to an iron and steel industrial based society. We did just fine without the en-slavers. We had one depression due to a gold ship sinking, an anomaly. The other slow-downs were survivable. Now with the Federal Reserve System, we face the collapse of our nation with the collapse of our dollar.

In fact, it was PRECISELY because of the frequency and destructiveness of such events that there was a loud and long demand from farmers and Westerners for a Reserve Banking system. They were tired of being wiped out arbitrarily by the Money Center Banks back East.

Now we face the collapse of our nation with the collapse of our dollar. That was not a problem before the Federal Reserve system.

Panics were sometimes stopped when the bankers, under the leadership of J.P. Morgan, stepped in and used their financial power to provide sufficient liquidity to handle the runs on banks. It was only after he died that these financiers and bankers realized that some other means of handling these disturbances would have to be found.

In between the Jackson and the Wilson Administrations, the international bankers, whom JP Morgan was their agent, conspired to get their foot back into the door. It's the old trick of causing the problem and then coming up with a solution to fool the people into thinking they couldn't go without them. You see it today. We over-regulate with Dodd-Frank causing financial duress, so the enemies of freedom blame freedom and call for more regulation.

The Money Center Banks had opposed a Reserve Bank (because it diminished their power) for decades only changing their minds after the death of Morgan. There was no giant conspiracy. This was a Populist demand.

Most of the big-money opposition to the Federal Reserve were killed on the so-called Titanic Disaster, the White Star line being part of the JP Morgan empire. Morgan was supposed to be on that ship that day but missed it due to "illness". While the big opposition of the Federal Reserve were drowning in the Atlantic, Morgan was went down to the south of France. Populist demand gave us Obama, so that's meaningless.

Nor is there any natural tendency towards inflation posed by central banking.

You've got to be kidding. Gold is still $20 an ounce?

Rather than “a little deflation” which you fantasize existed there was persistent and severe deflation caused by the lack of money,...

Looks like to me we did just fine. We advanced nicely from the Jackson Administration to the Wilson Administration.

...not to mention the complications caused to the bi-metallic system we were on when the ratio of gold to silver was upset by discoveries of one metal or the other. From 1814-49 the wholesale price index fell 55%, only the discovery of gold in California inflated the economy out of the depression.

I agree we need to pick just one: gold.

In order for the economy to grow at an acceptable level it has to have a money supply which grows at least at 3% per year.

Only for a debt-based economy. We need to get away from a debt-based economy.

Since the discovery of the New World the average rate of growth of the gold and silver supply has been LESS than 1.2% i.e. a persistent deflation. And this growth rate INCLUDES the massive supplies brought into Europe in the 16th century.

Like I keep saying, we did just fine between Jackson and Wilson. How do you explain the growth of our nation in that time?

The term “fiat” currency is not particularly informative since that does not describe the money we use. No matter how many government “fiats” are proclaimed they cannot make currency valuable if the people do not believe it to be so. It really is a “faith” currency and that faith is sustained by the ability to purchase things with that currency.

Fiat currencies are not back by anything tangible and they all fail. Do you think it's healthy to have our national debt more than our GDP? That always happens under a fiat currency, the printing presses go wild enslaving the rest of us.

Since the creation of the Federal Reserve the American consumer has seen a dramatic increase in his living standards and is able to purchase and own things which Kings of old could not afford.

This increase has been due to increases in productivity, not due to the Federal Reserve. There hasn't been hardly any increase in standard of living since the dollar went totally off gold under Nixon.

Central banking, like all human activities, has not always been directed by right-minded directors but that does not indicate in any way that it is an inappropriate institution or one in opposition to the needs of the citizens.

When the value of dollar starts racing toward zero, I'll have to see what you've got to say about it.

34 posted on 10/06/2012 4:48:07 PM PDT by Partisan Gunslinger
[ Post Reply | Private Reply | To 33 | View Replies]

To: Argus

Actually that would be Theodore Roosevelt.


35 posted on 10/06/2012 4:58:20 PM PDT by Delhi Rebels (There was a row in Silver Street - the regiments was out.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Delhi Rebels

Let’s compromise and name it after Coolidge.


36 posted on 10/06/2012 6:22:52 PM PDT by Argus
[ Post Reply | Private Reply | To 35 | View Replies]

To: Partisan Gunslinger

I don’t know if I have the time to address all the falsehoods you believe but I will try.

1) foreign (read JEW) bankers do not control the U.S. economy and never did but foreign bankers had far more influence over it before the Federal Reserve was established.

Because of its control of the gold reserves through the discount rate the Bank of England determined much of what happened in America while the lunatic Jackson was attacking the National Bank. He appealed to the most ignorant of voters, a typical Democrat class warrior, and, naturally, implemented the most ignorant policies.

His destruction of the 2d National Bank set off a decade of currency chaos (Wildcat Banking, shinplasters, worthless state-chartered bank currency) which was only relieved by the discovery of gold in California.

2) Our dollar is not collapsing. You are confusing 2% with 2000%, a natural mistake if you don’t pay attention.

3) J.P. Morgan was the major financial figure for decades before the Federal Reserve. He did not need it to exercise control. Besides he was near death when it was created and the recognition that he was not immortal spurred its creation to take his role.

4) American growth during the first half of the 19th century was largely fueled by British capital investing in railroads. The U.S. ran a persistent balance of payments deficit during this period. This infrastructure investment (of which we were not capable even with a central bank) allowed the transportation revolution which opened up the heartland to foreign trade. Hamilton’s policies had made America a trusted place for investment.

5) When even icebergs are part of the conspiracy you may as well surrender.

6) Gold is a valuable and rare commodity with many uses which cannot be reproduced so it costs a lot of money. But it can buy you many more interesting things. It can’t be used as money because of its rarity and its non-monetary uses. It never will be again.

7) You are not describing economic conditions accurately if you believe we were “fine” under Jackson. We were far from it and were mired in the worst depression until the Great Depression as I have told you. Study the real history of he period. It is filled with class conflict, strikes, riots, and immense suffering. Largely because the money supply was either too low or too concentrated in the East or both.

8) Debt is an inextricable and necessary element of capitalist economics. Without debt growth becomes very difficult.

9) Gold supplies are insufficiently elastic to accommodate a growing economy and I showed you the figures, even though you ignored them. That is the reason gold will never again be a monetary instrument.

10) Currency values are determined by what they can buy and the dollar buys plenty.

11) Our currency and our debt have remained highly sought after from the time Hamilton established our financial system, one of the greatest works of genius in financial history. THIS system was one of the biggest reasons our economy grew and expanded during the 19th century. Our strength and power was thanks to Hamilton fought every step of the way by the Class Warriors.

12) Living standards IN REALITY have gone up during the 20th century until the last four years. Now compared to some calculated index it may not have but when viewed correctly they clearly have. Medical services, automobiles, electronics, house size, computer technology, vastly expanded choices throughout the economy have all exploded in beneficial ways not picked up by price indexes.


37 posted on 10/06/2012 11:05:37 PM PDT by arrogantsob (The Disaster MUST Go. Sarah herself supports Romney.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: arrogantsob
I don’t know if I have the time to address all the falsehoods you believe but I will try. 1) foreign (read JEW) bankers do not control the U.S. economy and never did but foreign bankers had far more influence over it before the Federal Reserve was established.

They were manipulating crises through their agents like JP Morgan, true. Like I said it's the old trick of the enemies of freedom causing a problem so the enemies of freedom can create the solution, and that solution is always more power for the enemies of freedom, and less freedom for the rest of us.

Because of its control of the gold reserves through the discount rate the Bank of England determined much of what happened in America while the lunatic Jackson was attacking the National Bank. He appealed to the most ignorant of voters, a typical Democrat class warrior, and, naturally, implemented the most ignorant policies.

Yeah Jackson got us completely out of debt, what a dumbass [/s]. Like I said, if we would move from a debt-based society to a value-based society we wouldn't have to worry about interest rates.

His destruction of the 2d National Bank set off a decade of currency chaos (Wildcat Banking, shinplasters, worthless state-chartered bank currency) which was only relieved by the discovery of gold in California.

Like I keep saying, the country expanded greatly during this time. You're making mountains out of molehills.

2) Our dollar is not collapsing. You are confusing 2% with 2000%, a natural mistake if you don’t pay attention.

Been to the grocery store lately? Our dollar is indeed starting to collapse. If we can print all we want without inflation, why don't we print every American a billion dollar bill?

3) J.P. Morgan was the major financial figure for decades before the Federal Reserve. He did not need it to exercise control. Besides he was near death when it was created and the recognition that he was not immortal spurred its creation to take his role.

JP Morgan was an agent for the international bankers. Most of the crises right before the creation of the Federal Reserve were the manipulations of the international bankers to create problems so the people thought they couldn't live without a central bank.

4) American growth during the first half of the 19th century was largely fueled by British capital investing in railroads. The U.S. ran a persistent balance of payments deficit during this period. This infrastructure investment (of which we were not capable even with a central bank) allowed the transportation revolution which opened up the heartland to foreign trade. Hamilton’s policies had made America a trusted place for investment.

The bottom line is we didn't have a central bank and the country expanded greatly.

5) When even icebergs are part of the conspiracy you may as well surrender.

Do you know how hard it is to hit an iceberg going 20 miles an hour with 1 mile visibility?

6) Gold is a valuable and rare commodity with many uses which cannot be reproduced so it costs a lot of money. But it can buy you many more interesting things. It can’t be used as money because of its rarity and its non-monetary uses. It never will be again.

LOL It still is used as money. They don't keep coal in the vaults, they keep gold.

7) You are not describing economic conditions accurately if you believe we were “fine” under Jackson. We were far from it and were mired in the worst depression until the Great Depression as I have told you. Study the real history of he period. It is filled with class conflict, strikes, riots, and immense suffering. Largely because the money supply was either too low or too concentrated in the East or both.

Mountains out of molehills. The bottom line is the country expanded greatly in between the central banks and now we face the collapse of our nation due to the collapse of our currency.

8) Debt is an inextricable and necessary element of capitalist economics. Without debt growth becomes very difficult.

A value-based economy hasn't been tried on a large scale. Computers make it more possible to go from a debt-based economy to a value-based economy. We just have to make rules to keep the dirty birds from implementing their usury on a large scale like they have since the beginning of modern times.

9) Gold supplies are insufficiently elastic to accommodate a growing economy and I showed you the figures, even though you ignored them. That is the reason gold will never again be a monetary instrument.

You continue to ignore the growth of the nation between Jackson and Wilson.

10) Currency values are determined by what they can buy and the dollar buys plenty.

Less every decade since Nixon.

11) Our currency and our debt have remained highly sought after from the time Hamilton established our financial system, one of the greatest works of genius in financial history. THIS system was one of the biggest reasons our economy grew and expanded during the 19th century. Our strength and power was thanks to Hamilton fought every step of the way by the Class Warriors.

Hamilton gave us treasuries. Jackson got rid of the central bank and we expanded greatly until Wilson. How do you explain the Great Depression? Wasn't the Federal Reserve created to alleviate the boom-bust cycle?

12) Living standards IN REALITY have gone up during the 20th century until the last four years. Now compared to some calculated index it may not have but when viewed correctly they clearly have. Medical services, automobiles, electronics, house size, computer technology, vastly expanded choices throughout the economy have all exploded in beneficial ways not picked up by price indexes.

The standard of living hasn't hardly moved since we went completely off gold under Nixon.

38 posted on 10/07/2012 6:20:01 AM PDT by Partisan Gunslinger
[ Post Reply | Private Reply | To 37 | View Replies]

To: Partisan Gunslinger

Jews have not controlled international finance.

Our economy exploded after Hamilton’s creation of the National Bank. It expanded until Jefferson imposed an embargo which ruined the economy. Then the fanatics and lunatics in Congress refused to recharter the National Bank at the time it was most needed (to finance the War of 1812). However, the economic and financial problems became so obvious to even the lunatics and some of the fanatics that they were forced to re-charter it.

This allowed the economy to grow again until Jackson provoked the WORST DEPRESSION that had ever hit.

It is a LIE that there were only molehills affecting the U.S. Economy during the period without a National Bank.

It is also a LIE that a National Bank is not a critical institution for a modern economy.

The problem with the Great Depression at least as Friedman tells it is that the Fed did not have a clear idea of what the monetary aggregates actually were and it was involved with a lot of contradictory actions where it would be draining reserves and adding reserves at the same time. Then Congressional and Executive decisions were also in conflict or complicating Fed actions.

The Depression was not just a monetary phenomenon either meaning that monetary policy was not likely to be effective.
Smoot-Hawley put the dagger to international trade and much of the rest could be put down to anomalistic shocks from Europe and the German Reparations aftershock.

Capitalism, like currency itself, depends upon faith and when that faith disappears as it did in the 30s there is little man can do.

None of this was caused by the JEWS.


39 posted on 10/07/2012 12:45:51 PM PDT by arrogantsob (The Disaster MUST Go. Sarah herself supports Romney.)
[ Post Reply | Private Reply | To 38 | View Replies]

To: arrogantsob
Jews have not controlled international finance.

Jews?

Our economy exploded after Hamilton’s creation of the National Bank. It expanded until Jefferson imposed an embargo which ruined the economy. Then the fanatics and lunatics in Congress refused to recharter the National Bank at the time it was most needed (to finance the War of 1812). However, the economic and financial problems became so obvious to even the lunatics and some of the fanatics that they were forced to re-charter it. This allowed the economy to grow again until Jackson provoked the WORST DEPRESSION that had ever hit. It is a LIE that there were only molehills affecting the U.S. Economy during the period without a National Bank. It is also a LIE that a National Bank is not a critical institution for a modern economy.

We expanded greatly between Jackson and Wilson with no central bank.

The problem with the Great Depression at least as Friedman tells it is that the Fed did not have a clear idea of what the monetary aggregates actually were and it was involved with a lot of contradictory actions where it would be draining reserves and adding reserves at the same time. Then Congressional and Executive decisions were also in conflict or complicating Fed actions. The Depression was not just a monetary phenomenon either meaning that monetary policy was not likely to be effective. Smoot-Hawley put the dagger to international trade and much of the rest could be put down to anomalistic shocks from Europe and the German Reparations aftershock. Capitalism, like currency itself, depends upon faith and when that faith disappears as it did in the 30s there is little man can do.

The international bankers provoked the people to accept the Federal Reserve on the premise that it would end the boom bust cycles. Boom-bust cycles got worse after the creation of the Federal Reserve as the Great Depression shows. It's how they make their money, by causing these worsening boom-bust cycles. Now we face the collapse of our economy and maybe our nation due to the Federal Reserve deliberately crashing the dollar. It's part of their grand scheme to end freedom and enslave all of us.

None of this was caused by the JEWS.

Who said anything about Jews? The Rothschilds are cabalists, true, but they're one tenth of the group who are deliberately bringing us down. The other nine tenths could be anyone of any following. I don't know who the rest are. A lot of people of all followings support the idea of deliberately crashing the American economy to end freedom. Look at Obama and Bill Clinton. They're not part of the big international bankers but they have the same agenda and happily do their will.

40 posted on 10/07/2012 5:04:26 PM PDT by Partisan Gunslinger
[ Post Reply | Private Reply | To 39 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-51 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson