Class, today's lesson is on a little known, often misunderstood, down right evil branch of our government that wields more control over your life than any other branch. This branch of government has no constitutional charter to even exist, yet our standard of living depends solely on the decisions made by this unholy private institution. Its policies strongly influence elections, business, and world wide trade.

I'm talking about the Federal Reserve Bank and I see that last week alone this band of idiots produced 11.5 billion dollars out of thin air in the form of credit, plus they printed up 5.3 billion in actual cash. 16.8 billion of inflated fiat notes in one short week!!! While Bernanke may not have said he wanted to "push dollars out of helicopter's, he sure is living up to his devaluing nick name "Helicopter Ben".

But it's not all Ben's fault as this Ponzi economy, built on an ever expanding debt, taxes and spending got rolling with the worst economist in the history of the world, Alan Greenspan. You see, the Scam the Fed has put in place requires and always expanding money supply to keep growing, which causes the value of the dollar to fall. At some point the valve of the paper will be worth more than the ink on them. That will be the day we begin weighing the dollar instead of counting it. Throughout history fiat money has always failed, yet these idiots think if they can avoid the Headless Horseman of the Economic Apocalypse when they do it. I laugh, HAHAHAHA!

When George Bush took office oil was 10 bucks a barrel, the dollar was $1.30 on the Finex and the government - through accounting trickery - projected a surplus. Today oil is 75 dollars a barrel, the dollars worth 83 cents and we're borrowing 2 billion dollars a day (most of it from the Fed Bank or China) This is all brought to us by a currency that has no backing by a tangable asset. Interest payments on our debt is now the third largest expence in the 2.7 trillion dollar budget.

Unless you've been living in a lead mine, you've noticed the long and short term bonds have inverted and throughout history that has always spelled recession and the US government is borrowing long term money with short term bonds. For those that don't understand, the Fed Bank has to keep raising interest rates so foreign investors will lloan us money, and the rates are tied to the "perceived" value of the dollar, which is backed by NOTHING and droping like a rock.

Does anyone remember the last year the United States actually minted Constitutional Money? The year was 1963 and President John F Kennedy gave us our money back with Executive Order 11111, tying the dollar to silver like the Constitution demands, thus forcing the Federal Reserve to actually hold an asset against the money they created. Four moths later he was dead and minting of solid silver coins and certificates ended the next year.

In 1964 gas was 30 cents a gallon and a one ounce silver dollar bought 3.3 gallons. Today an ounce of silver is $11.53 an ounce, gas is $3.00 dollars a gallon and that same ounce of silver still buys 3.3 gallons of gas.

What does my mindless ranting mean? How should I know, I'm called an idiot by everyone I know. But I was smart enough to bail out of fiat "notes" way back when gold and silver were cheap. So when the economic end finally comes, I'll be the only one on the block with the currency needed to buy more ammo as bands of starving kids look for handouts because their parents were more worried about gay marriage than what was happening to their money.