Wednesday, January 20, 2016

Open Letter to Senate Banking Committee

Tuesday, January 19, 2016

U.S. Senate Committee on Banking, Housing, and Urban Affairs
Open Letter to All Committee Members
534 Dirksen Senate Office Building
Washington, D.C. 20510


Senate Committee Members:

By refusing to pass the Federal Reserve Transparency Act of 2015, the US Senate has once again:

1.      shielded the Federal Reserve as Washington’s illegal supplier of infinite, indefinite and free fiat credit in clear violation of the terms of the Federal Reserve Act [1],
2.      affirmed Washington’s unwillingness to allow its detestable addiction to deficits to be properly, politically and practically restrained by the limited but real savings of the country’s middle class which would entail
A.    first convincing the middle class that Washington was credit-worthy,
B.     then paying a market interest rate to the middle class for the use of its savings
C.     and by so doing restoring the vital socio-economic- political role and power of the middle class in American life,
3.      displayed its servile and secretive pandering to special financial interests,
4.      ignored the expressed will of the clear majority of US citizens who elect senators to be their representatives not the servants of their exploiters,
5.      restrained the only peaceful agent for cleansing government corruption in a democracy … complete transparency and accountability,
6.      conspired to transfer OUR WEALTH to others and to destroy OUR MONEY which provides the foundation for our individual and national economic lives across classes and generations and
7.      betrayed the fundamental principle of constitutional democracy on which the Republic once rested ... and without which America is on a certain financial road to ruin.

I could try to go on, but any attempt I might make to express the utter foulness [you passed beyond simple folly long ago] of your actions would fail to condemn them adequately according to any honest measure of justice. I can only refer you to Revelation 18 in which even God seems to struggle with giving sufficient expression to the revulsion felt in the heavens towards those who knowingly and systematically use their positions of earthly power to adulterate money [the basis for human commerce and thus a vital socio-economic trust in any community] for selfish gain.

Thus I am writing for only one purpose … to judge you as guilty. I understand very well that you are above the law and that you have [formally or informally] colluded with the Executive and Judicial branches of government to empower the Federal Reserve as a fourth and wholly autonomous branch of the US government in violation of the Constitution to act clandestinely and without restraint in pursuit of such goals as those [formally or informally] in charge of the Fed determine.

But know that all attempts to hide the fiscal irresponsibility, violations of civil law and contempt for basic morality in which you [and others] continue to engage beneath the massive monetary skirt of the Federal Reserve will ultimately fail. And when the full revelation of the extent and nature of your part in the Fed’s unjust actions finally takes place, you will certainly regret that you allowed your name, position and life energies to be used to promote such perversity.

For you, ladies and gentlemen alike, are without any excuse. Your very Committee … as it stands … could quite simply demand that the Federal Reserve Act [with its single standard for growth in the monetary and credit aggregates and its triple mandate for the results of Fed policies] be enforced tomorrow according to its clear terms and the tyranny of the Federal Reserve in America [and around the world] would come to a crashing end. But you will not act … because you rightfully fear the terrible consequences that have continued to accumulate on your watch and you naively believe that this faustian bargain will somehow escape justice … at least as long as you are in the Congress.



A Word from Kansas
John Brown was not a native of Kansas … the only true Kansas natives in those days were neither considered citizens nor allowed to vote. But John Brown was not afraid to take a stand against injustice … even if it meant standing against the government of the United States and the powerful but unjust special interests of his day … and losing. And for that reason [in spite of his faults], Kansans were [and still are] willing to consider him as one of their own.

So, as a Kansan, I will leave you with some insights into John Brown’s character seen by Henry Thoreau when all others were roundly condemning Brown as a fringe lunatic. You should ponder them carefully … to see how you measure up.

  • He did not go to Harvard [and] he was not fed on the pap that is there furnished. [Instead] he sedulously pursued the study of Liberty … and having taken many degrees, he finally commenced the public practice of Humanity in Kansas, as you all know.
  • He was one of that class of whom we hear a great deal but, for the most part, see nothing at all … neither Democrat nor Republican, but [a man] of simple habits, straightforward, prayerful; not thinking much of rulers who did not fear God, not making many compromises, nor seeking after available candidates.
  • A man of rare common-sense and directness of speech, as of action; a transcendentalist above all, a man of ideas and principles,--that was what distinguished him.
  • He said, truly, that the reason why such greatly superior numbers quailed before him was, as one of his prisoners confessed, because they lacked a cause,--a kind of armor which he and his party never lacked.
  • He was an old-fashioned man in respect for the Constitution and his faith in the permanence of this Union … and he had the courage to face his country herself, when she was in the wrong.
  • Prominent and influential editors, accustomed to deal with politicians, men of an infinitely lower grade, say, in their ignorance, that he acted "on the principle of revenge." They do not know the man. They must enlarge themselves to conceive of him. I have no doubt that the time will come when they will begin to see him as he was. They have got to conceive of a man of faith and of religious principle, and not a politician … of a man who did not wait till he was personally interfered with or thwarted … before he gave his life to the cause of the oppressed.
  • And it was through his agency, far more than any other's, that Kansas was made free.

What will your legacy be? To your family? To your state? To your fellow citizens? To America?

Bob Love
119 Morningside
Wichita KS 67218
rwlove51@gmail.com
316-686-7371

cc:
Senator Rand Paul


[1] The Federal Reserve Act unambiguously requires the Fed to follow a single known standard when making changes in the money and credit aggregates and to accomplish a triple mandate as the result of its policy actions. If you were interested in the rule of civil law you would have long ago insisted that the Fed comply with these clear terms. But you are not interested in the rule of law but rather in promoting the rule of tyranny. I know this because, in your absence, I was compelled to undertake and file a citizen’s lawsuit against the Federal Reserve in the course of which I learned what you [and all Washington] must certainly know – that the Fed is acting illegally, in complicity with you, the President and the Courts, everyday to the detriment of the majority of persons in America and across the world.

My case is public record and can be reviewed at http://federalreserveontrialhere.blogspot.com . I am yet to have anyone [in the federal government or otherwise] respond substantively to the charges I raised … including my own senators [Roberts and Moran] and my representative [Pompeo].