You have heard of the Federal reserve, but you probably don't know the history behind its formation. The Federal Reserve's ability to create money out of thin air and to manipulate the value of the dollar gives it ultimate control over the purse strings of every American Household. The article "How the Monetary Mayhem Began" is a great history lesson regarding the formation of the Federal Reserve. The second article, "Creating Wealth", makes the argument that the Federal Reserve, because of its ability to convert instruments of government debt into money, controls the purse strings of the federal government. It you have the time, these articles are very informative and thought provoking. Here are the links:
http://www.thenewamerican.com/history/american/946
http://www.thenewamerican.com/economy/economics-mainmenu-44/944
Genesis of the "NO" Logo
In history there have been two basic forms of social organization: collectivism and individualism. In the 20th and 21st century, collective variations have included socialism, fascism, Nazism, and communism. Under collectivism, a ruling class of “intellectuals”, bureaucrats, politicians and/or social planners decides what people want or what is “good” for society and then uses the coercive power of the State to regulate, tax and redistribute wealth in an attempt to achieve their desired objectives. Individualism is a political and social philosophy that emphasizes individual liberty, belief in the primary importance of the individual and in the virtues of self-reliance and personal independence and responsibility. It embraces opposition to controls over the individual when exercised by the state. The Preamble to our Constitution makes it plain that all power rests originally with the people, as individuals.
The “O” within the circle represents collectivism in its various forms. The “N” represents an emphatic repudiation of collectivism. The red, white and blue circles encompassing the “NO” are emblematic of our Republic. It is the responsibility of the individuals in an engaged and enlightened republic to limit the influence of the government, especially one that attempts to wield power outside the boundaries delineated by the Constitution.
The “O” within the circle represents collectivism in its various forms. The “N” represents an emphatic repudiation of collectivism. The red, white and blue circles encompassing the “NO” are emblematic of our Republic. It is the responsibility of the individuals in an engaged and enlightened republic to limit the influence of the government, especially one that attempts to wield power outside the boundaries delineated by the Constitution.
