DownsizeDC.org
October 16, 2009
Is Your Bank Shorting the Dollar?
By Jim Babka

Media Alert: Today (Friday), Jim Babka is scheduled to appear on Straight Talk w/ Jerry Hughes, 3:05 PM Eastern time (2:05 PM Central, 1:05 PM Mountain, 12:05 PM Pacific). Details are available at this blog post.

It doesn't matter how many times you've sent Congress a letter on a given issue, or even if you sent one yesterday -- every new fact we give you is a new opportunity to tell Congress what you want. Seize the opportunity!

Send Congress another letter telling them to break the Federal Reserve's monopoly control over your money.

My sample letter to Congress gives you three new facts you can use for this purpose . . .

Last April the monetary base (which is the number of circulating dollars) stood at $830 billion. Since then the Federal Reserve has created nearly a trillion new dollars out of thin air. The monetary base now stands at nearly $1.8 trillion, and rose by nearly $100 billion in September alone.

This legalized counterfeiting is why I believe reports that oil producing nations are planning to abandon the dollar. They would be foolish to do otherwise.

The gold market seems to agree. The one-ounce price of gold has risen nearly $400 in the last year. People are trading their inflated Federal Reserve Notes for assets that will retain their value.

And even U.S. banks are fleeing the dollar. The New York Post reports that U.S. banks used to hold about 2/3rds of their reserves in dollars, but they're now holding nearly 70% in Euros and Yen.

Foreign nations and powerful institutions can escape the dollar, but I don't have the same freedom. Various federal laws force me to conduct my business in devaluing Federal Reserve Notes. I would prefer to use honest, free market money, like gold and silver, but if I attempt to do that YOUR laws threaten to point a policeman's gun at my head.

You're supposed to represent and protect me. You do not work for the Congressional leadership, the Federal Reserve, or the banks. You work for me. Please represent me. Please protect me. Please break the Federal Reserve's monopoly control over my money. Introduce legislation to repeal the laws that force me to use Federal Reserve Notes.

END OF SAMPLE LETTER TO CONGRESS

You can send your letter to Congress using the proprietary Educate the Powerful System at DownsizeDC.org.

Spread the word to others.

Jim Babka, President
DownsizeDC.org. Inc.

Sources:

Federal Reserve report on the Monetary Base: http://research.stlouisfed.org/fred2/data/BOGUMBNS.txt
Historical Gold Prices: http://66.38.218.33/charts/historicalgold.html
New York Post report on bank reserves in Euros and Yen versus the dollar: http://tinyurl.com/yzxbphx

Blog commenting is currently under construction. In the meantime, you can send an email if there's something you'd like to tell us.

What Can We Do For You?

We can help you downsize the federal government, if you want that. All you have to do is join. It's free! In return...

We'll give you an army.

We're recruiting a huge army of supporters to work for what you want.

We'll give you influence.

The Downsize DC Army will exert relentless, resistance-numbing pressure on Congress.

We'll make your voice heard.

We'll use our growing army to make your beliefs heard by everyone, everywhere, every day.

We'll give you winning strategies.

Ideas like our "Read the Bills Act" and the "One Subject at a Time Act" will give you the leverage to win the public debate, control Congress, and Downsize DC!

We'll give you powerful tools.

  • Your free membership includes a subscription to our free email newsletter, the Consent Chronicle, which national talk show host Jerry Hughes calls by far the best newsletter he receives.
  • You'll be able to use our Educate the Powerful SystemSM to pressure Congress. It's easy. All it takes is a few mouse clicks and keyboard strokes. You can do it in your bathrobe while you're drinking your morning coffee, or during a break at work.
  • You'll also gain access to our 16-page strategy document, "The Downsize DC Vision." You'll learn about important insights like "ignoring an axiom," and powerful strategies like "picking off the herd." One reader called this document "the unified field theory" of political change.

To gain these benefits, just enter your email address in the box below and hit Subscribe!

Subscribe to the Consent Chronicle
Enter your email address twice: