Paul Volcker Censored

by Trace Mayer, J.D. on May 14, 2008 · 0 comments

Paul Volcker Censored

Reading time: 1 – 2 minutes

 

 On May 14, 2008 Paul Volcker testified before Congress.  This was being covered by Bloomberg.  However, as Mr. Volcker starts telling the truth the focus was shifted to Betty Liu to talk about the stock market.  CNBC, CNN and C-SPAN did not cover Volcker’s testimony.

Volcker says the Federal Reserve is ‘put front and center’ and its independence may be called into question.

The answer is simple.  Abolish the Federal Reserve and obey the Constitution by using gold and silver as legal tender.  This may be accomplished by the States passing legal tender laws (Art 1 Section 10 Clause 1) and the Federal Government minting the coins (Art 1 Section 8 Clause 5) as intended originally by the Founding Fathers in order to prevent the type of very mess the US has found itself in.

All of the current and future misery would have been avoided had we followed the advice of the Founding Fathers.  They learned this lesson  from the history books and personally with the Continental Dollar.

Paul Volcker Censored

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ABOUT THE AUTHOR: Trace Mayer, J.D., author of The Great Credit Contraction holds a degree in Accounting, a law degree from California Western School of Law and studies the Austrian school of economics. He works as an entrepreneur, investor, journalist and monetary scientist. He is a strong advocate of the freedom of speech, a member of the Society of Professional Journalists and the San Diego County Bar Association. He has appeared on ABC, NBC, BNN, radio shows and presented at many investment conferences throughout the world. This is merely one article of 197 by Trace Mayer, J.D..

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