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Criticism of the Fed seems fair enough. However, the call to abolish the Federal Reserve and central banking entirely has come solely from the far-right of the American political spectrum. As we know, with right-wing extremism comes violence and racism. Unfortunately, the general public is not familiar with convoluted economic issues, and less informed Occupy protestors have been duped into supporting this pro-elite red herring. To fight this, word needs to be spread about the dark history of the “END THE FED” movement, one sprinkled with anti-Semitism, neo-Nazis, anti-government militia extremists, and even domestic terrorists. We need more awareness of the violent and racist elements that “END THE FED” brings to OWS.
“END THE FED” supporter brings assault rifle to Occupy rally:
http://www.youtube.com/watch?v=rjOwSIsgE8c
Surprise! He’s a white supremacist neo-Nazi:
http://www.youtube.com/watch?v=I7XX9J4BCPc
Man crashes plane into IRS building, praised by “END THE FED” supporter:
“It wasn't long after its creation under Woodrow Wilson that the Federal Reserve System became a central fixture in the world of right-wing conspiracy […] No one did more to promote anti-Fed hysteria in the early years than automobile magnate Henry Ford, who in the 1920s penned a multi-volume, anti-Semitic conspiracy opus called The International Jew, in which the Fed plays a starring role.”
This “END THE FED” supporter was protesting in the name of Occupy, and set a building on fire:
http://www.libertarianrepublican.net/2011/11/benjamin-david-gilmore-end-fedanti-war.html
David Duke hates the Federal Reserve, too.
http://www.splcenter.org/get-informed/intelligence-files/groups/knights-of-the-ku-klux-klan
“We Are Change” member charged with making terrorist threats:
http://www.splcenter.org/blog/2010/09/01/charges-against-we-are-change-leader-belie-pacifist-image/
Neo-Nazi murderer “arrested in the nation’s capital in December 1981 after carrying a sawed-off shotgun, a pistol and a hunting knife into the Federal Reserve":
Ultra-right conspiracy group Oath Keepers has brought the “END THE FED” message to Occupy rallies. Oath Keepers member Bill Looman was involved in a terrorist plot to raid a Tennessee courthouse:
Anti-government extremist Ronald L. Struve caught with 44 machine guns, 2 grenade launchers, 54 high explosive grenades, 6 blocks of plastic explosives, 12 silencers, 25 feet of detonator cord, and 7 blasting caps, a Russian sniper rifle, an AK-47 assault rifle, and an “END THE FED” bumper sticker:
http://www.redcrayons.net/?p=128
http://www.adl.org/learn/extremism_in_the_news/Anti_Government/struve+wa...
Holocaust denier supports abolishing the Federal Reserve:
“Faithful Word Baptist Church” calls for death penalty for gays, abolishing the Federal Reserve:
Anti-Semites blame “Zionist” Federal Reserve for economic crisis:
99% of right-wing militia extremists hate the Federal Reserve:
http://www.adl.org/mwd/opinion.asp
“END THE FED” activist and anti-Semite Patricia McAllister smearing Occupy on Fox news:
http://www.youtube.com/watch?v=Ch4VcOGv36U
Militia activists spreading conspiracy theories about the Fed:
http://www.adl.org/poisoning_web/militias.asp
“END THE FED” activist and RonPaul supporter charged with domestic terrorism:
http://www.fbi.gov/charlotte/press-releases/2011/defendant-convicted-of-minting-his-own-currency
White-supremacist website stormfront.org loves “END THE FED”:
http://www.stormfront.org/forum/t753330/
Occupy: Do we really want to ally ourselves with hateful violent right-wing extremists who are on the FBI/ATF/DHS watchlist?

The Fed and International Bankers are the Problem.
Submitted by BlackBlock on
U craaaaaazy.
Submitted by nobody on
U craaaaaazy.
I think you've made TommyG's point.
"END THE FED"=VIOLENT EXTREMISM
Submitted by TommyG on
Hi BlackBlock [sic],
1) Your name illustrates my point, that "END THE FED" and violent extremism go hand in hand.
2) Kucinich does not want to end central banking. Neither does anyone in their right mind.
3) Fractional reserve banking is not the problem. The only sources who demonize it are right-wing extremists like Alex Jones and libertarian think tanks.
4) Debt mongering is another tactic of the right, that blocks any solution to unemployment and economic recovery.
You're a Republican, little punk rocker, you're just too misinformed to understand.
thanks
Submitted by nobody on
It's true that Kucinich and Sanders both are critical of the Fed, but they don't see a way to "end" it.
Thanks for all the links, too.
Chill out? I mean I think the
Submitted by NeoGaia on
Chill out? I mean I think the End the Fed people are bit misguided as to the root of our problems. But it's hardly violent extremism.
Rocio
www.twitter.com/neogaia
www.facebook.com/missrocio
WHY DEFEND THEM?
Submitted by TommyG on
"A bit misguided"? Did you even read my post? They are NUTS. They are tied to NAZIS and ARMED MILITIAS.
They are taking advantage of the fact that American liberals have been indoctrinated with "tolerance" and "openness". If one of us went to hang out at one of their creepy militia meetings we would get branded a "commie" and chased out.
It's a big tent.
Submitted by BlackBlock on
"Your name illustrates my point, that "END THE FED" and violent extremism go hand in hand."
Their are those within the movement and I presume that would include you who think change can be brought about within the current system. Their are others like myself within the movement who see the entire system as being systemically corrupt and see change coming about only if the entire system is taken down.What I'm talking about here isn't just the United States but Western Europe as well.The Euro and the Dollar are tied together through the banking system and it is the Western governments military apparatus that is used to protect and expand this Corporatisim throughout the world.I don't believe it's possible to reform an economic financial apparatus set up to benefit the 1% the world over as this system transcends both Capitalistic and Socialistic economies within Western countries.So what I'm left with is the realization that the only option is to take the whole system down.I suppose that could be construed as extreme but for me it's the only logical conclusion.Their are two ways to do this: One is through out ward Revolution that we are witnessing across the globe.The other is through the implosion of the currency and the take down of the FED who I see as the main engine behind this form of militarized Capitalism.
"You're a Republican, little punk rocker, you're just too misinformed to understand."
Well at least you have a sense of humor LoL. I don't believe the ideologies we were raised with apply today.I don't like labeling myself or others but the closest description once you get pass the Anarchy in my work is a sort of Libertarian Socialism.By that I mean Human Rights and Civil Rights are one and the same and are not defined by nations, boarders or ideologies.I believe everyone has the right to freely peruse their dreams without interference from Governments or groups.At the same time we have a collective moral obligation to care for the needy,poor and disfranchised.I will write more about this idea of Interdependence when I can more eloquently define it.
The 99% represent many people coming from a lot of different ideological and cultural back grounds.But to suggest that those who disagree with you are misinformed tends to disengage people from the conversation were having right now. Occupy is about the exchange of ideas and the consensus formed from critical thinking. It may not end up what either you and I want but that's what Democracy looks like.
YOU'RE BAD FOR OCCUPY
Submitted by TommyG on
The violent tactics you condone give OWS a bad name, and put other protestors at increased risk of violence from police.
David Koch has been working on dismantling the federal government for years. Why don't you just go work for him?
An Inclusive Movement ?
Submitted by BlackBlock on
"The violent tactics you condone give OWS a bad name, and put other protestors at increased risk of violence from police."
I don't condone any violent tactics to be used by Occupy against anybody. Just because I believe the FED needs to be put down doesn't mean that others on the Right who also have that as their goal and are violent represent me or the Occupy movement. That's crazy.My views aren't putting "other protesters at increased risk of violence from police" that's paranoid.Every night when I walk to the GA in LA the police line the side walks and stand behind us.They are their to intimidate. The government fears this movement and if it grows the subtle harassment we experience now may change to a more aggressive form resembling the true police state we live in.Our greatest strength is found within our passive resistance and that's a powerful statement all by itself.
My knowledge of the FED and banking issues come from my own research on the Internet and through Anonymous. The groups you have listed I have never heard of and I don't know who David Koch is.I'm not worried about the Radical Right because they don't make up enough of the population to have an effect on anything.
The Zeitgeist movement has produced a two hour movie describing the FED and fractional reserve banking practices. You cannot characterize them as Right Wing.In fact Zeitgeist appears to be forwarding their agenda's on the forums of this site. Maybe you should go talk to them for attempting to co-opt the Occupy movement for their own benefit.
I don't believe in Conspiracies and theirs a lot of that nonsense on the Internet. It's not a conspiracy it's a business model that resembles a criminal cartel.
I'm not going anywhere as theirs no where else to go. My ideas though revolutionary add to the the conversation and do not derail what Occupy is about.Direct Participatory Democracy requires everyone to voice their opinion so if don't like what I'm about your welcome to contribute your opinion at the GA.
LOOK TO BETTER SOURCES
Submitted by TommyG on
"My knowledge of the FED and banking issues come from my own research on the Internet" That's the problem, you don't know how to choose your sources. The movie Zeitgeist is based on lies and anecdotal evidence. It was created by a maniacal conspiracy cult which supports right-wing anti-government policy through psuedo-left rhetoric.
http://www.utne.com/2008-01-01/Politics/Towers-of-Babble.aspx
You're name reminds me of the protestors at Oakland who vandalized Whole Foods on TV and gave OWS a bad reputation among the American middle class. The fact that someone as misinformed and irresponsible as you is so involved with OLA only serves to discredit the movement.
Re; Looking to better sources ..
Submitted by BlackBlock on
HAVE YOU LOST IT?
Submitted by TommyG on
You're goal is to destroy our currency in order to take down the entire economy? You're ideas are not only unintelligent and crazy, but they are borderline evil.
Re: HAVE YOU LOST IT?
Submitted by BlackBlock on
"You're goal is to destroy our currency in order to take down the entire economy?" I didn't make myself clear. In thinking about why Right Wing groups you mentioned would be so intent on taking down the FED the answer to me is obvious. If you destroy the currency of an economy the ensuring chaos would benefit them and their nefarious agenda. I'm for closing the FED and having the US government issue the currency directly as was originally out lined by our "founding fathers".You could do this with a transitional period where both currency's would be circulated at the same time to minimize economic upheaval.The new currency should be partially backed or tied to precious metals as a way to create a tangible currency.Tying the currency to precious metals makes it a lot harder to inflate or deflate a currency thus making it much harder to manipulate.A nations currency needs to be seperate from our forien policy which is all about exploiting the worlds resources for the 1%.The FED currently loans out or trades or sells whatever you want to call it trillions of dollars of debt to other foreign banks as well as the World Bank and IMF.These practices threaten the American people and bankrupts our society. Multi Nationals benefit from the World Bank and a lot of Capitalistic exploitation happens because of these practices.One of the reasons were in a world wide depression is because the amount of money invested in producing goods has out passed those people who have the money to buy them.The engine behind this unsustainable expansion is the FED fueling the international banks who in turn have funded this Consumption/Spending modle. Yes I want the FED to be shut down but only in a way that doesn't bring chaos to our society.What would you do? You've pointed out the Right Wing connections to the End the Fed and I've told you what their intent is,What you havent done is laid out a plan on how you would fix it. http://www.youtube.com/watch?feature=player_embedded&v=rGkmgnprrIU#!
This video is perfect for this post.
Submitted by Mahayana on
http://www.youtube.com/watch?v=ELEwjVRxxGE&feature=colike
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves - in their separate, and individual capacities. -Abe
BRAVO, TOMMY G.
Submitted by Weekend Warrior on
I have been warning people about these rignt-wing extremist since I first spotted them at OLA on OLA's first day, only to be criticized as being "toxic" for not wanting to include every Tom, Dick, and Harry cause in OLA. Many of of these End-the-Fed guys believe in the Illuminati conspiracy run throught the Counsel on Foreign Relations and the Federal Reserve. They love to blame Jewish Bankers in these conspiracies (paritcularly, the Rothchilds) for orchestrating all of the world's evils since the middle ages. Not only was Henry Ford a big fan of this cause, but so was Ford's good friend, Hitler. I have heard some of the Constitutional Pledgers at OLA advocate "Second Amendment solutions" to America's problems. I have tried to direct them to Orange County where they may still find some vestiges of the Tea Party to hang out with. Didn't they notice that all our signs were spelled correctly?
Nice work on the compiling the internet links that exposed them. However, Mr. BlackBok's little flame did more to expose them than any of us could ever do.
Tom Burns, raroof3@gmail.com
YOU'RE WELCOME!
Submitted by TommyG on
Not RIGHT Wing
Submitted by BlackBlock on
@ Tom Burns. I'm a little puzzeled at being labeled a right-wing extreamist. I'm not advocating Capitalisim in it's present form. All economic systems exploit somebody some where. What I'm talking about is the degree of exploitation within in the current Capitalist model in paticular it's "free trade" expansionisim and debt based Imperialistic currency. Fractional reserve banking is an unsutainable economic modle. Sustainable economics that replace people instead of digits is where I'm coming from.
How do you replace fractional
Submitted by nobody on
How do you replace fractional reserve banking?
Would we all move to online banking or something?
Video clips of left wing criticism of the Federal Reserve
Submitted by Carla Binion on
The Federal Reserve is a subject that can't be understood without many hours of study, and I think viewing the three videos I've linked to below is a good start. I recently read an article that expressed concern about far right groups, especially militias and white supremacists, that promote the idea of eliminating the Federal Reserve. I understand that concern, but I think we on the political left need to strongly emphasize that not all criticism of the Federal Reserve comes from right wing organizations.
The three videos below center on criticism of the Fed by public figures with strong leanings toward the political left.
The first and most informative is an interview with prominent liberal political journalist William Greider, who is a former assistant managing editor at the Washington Post, former National Affairs Editor at Rolling Stone magazine, and former Frontline correspondent. Greider's Secrets of the Temple is a comprehensive study of the history and inner workings of the Federal Reserve and shows how the Fed has manipulated and changed the U.S. and world economies. I first read this book many years ago and can't recommend it highly enough.
In the second video Cenk Uygur and Matt Taibbi talk about the Fed's role in our current economic problems. They discuss the fact that the Federal Reserve isn't a government agency and that none of the heads of various Fed branches are elected officials. They describe some of the Fed's participation in the recent economic debacle as "bank robbery." Taibbi has said in his book Griftopia that today's bubble economy, created in part by Fed policies, is "fiendishly complicated," and grasping it requires wading through volumes of sometimes dry material.
The third video is of Democratic representative Dennis Kucinich, and it's a very brief, clear statement about the Federal Reserve.
http://www.youtube.com/watch?v=Xp1pdMhKKR4
http://www.youtube.com/watch?v=uwhMVB0XzPU
http://www.youtube.com/watch?v=oUpXDZFtEHw
NO LIBERALS ARE CALLING FOR AN END TO CENTRAL BANKING
Submitted by TommyG on
"Kucinich and Bernie Sanders want to end the fed." This is one of the lies that far-right libertarians are using to attract liberals to their insane policiy ideas. Reform the Fed, not "END THE FED".
http://sanders.senate.gov/newsroom/news/?id=d080ac20-4872-459a-b86c-1a1b...
I would be curious to scan through William Greider's book about the Fed, but I would take everything he says with a huge grain of salt. He has been heavily criticized by the likes of Paul Krugman and Hyman Minsky (post-Keynesian who precisely predicted the 2008 crisis) as someone who really doesn't know what he's talking about when it comes to economics.
Minsky essentially called Greider a politicized iconoclast who doesn't understand economics and makes terrible policy recommendations.
http://www.jstor.org/pss/40720477
Uygur and Taibbi, who both appear to have serious sensationalistic tendencies, blast quantative easing. I think that QE is far from the answer to all our problems, but I think it's a little more neutral than they portray it to be.
http://www.bbc.co.uk/news/business-15198789
Lastly, Kucinich. I am not convinced about his plan. I wonder why Joseph Stiglitz and Bernie Sanders for example, both critics of the Fed on the left, haven't even mentioned it.
I think QE wasn't that bad
Submitted by nobody on
I think QE wasn't that bad economically. Money was being pulled back from the economy quickly, and QE added money back into the economy, preventing deflation.
The money can be pulled back out of the economy, too.
The thing is, the most expdient way to replace QE money with non-QE money is to raise taxes on the wealthy, and start spending that revenue into the economy, while you pull the QE money out. This would hurt Wall Street, but that's not the only market in America that matters. The corner store and supermarket are also markets, and they depend on people having jobs.
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