Liberty MavenYesterday, The Federal Reserve mugged your children
March 19th, 2009 9:24 pm | by Marc Gallagher | Published in Banking, Big Government, Economics, Federal Reserve, gold, government spending, inflation, Market Regulation, Maven Commentary, national debt, Ron Paul | 0
Yesterday afternoon the Federal Reserve printed over a trillion dollars out of thin air. Gold subsequently shot up about $50 and the dollar tanked. Earlier today Glenn Beck did a wonderful piece on this news.
He picked apart the Fed move and put it in terms anyone can understand. He educated the masses. The lesson was the very same lesson that Ron Paul has been giving for many years.
Watch Beck below sounding very much like Ron Paul. Our children have just been robbed. When our children get mugged like this, our country gets mugged. In the clip Beck claims the Fed wrote an I.O.U.
In my mind it is more like an I.O.F.U.
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