Saturday at the Cattleman’s Ball at CPAC in Texas, former Goldman Sachs banker Steve Bannon called for the abolition of the Federal Reserve, arguing that fat cat bankers like Goldman Sachs have taken too much authority away from the American people.
“We don’t need to audit the Fed; we need to end the Fed,” Bannon, who advocates daily on his War Room show for handing power back to the American people through a system of Economic Nationalism and America First policies, expertly stated at the event where he was the keynote speaker.
In his exhilarating speech to voters, Bannon claimed that the Federal Reserve has “usurped the power of the American people” and predicted that, after hearing about the dangers of democracy from the lapdog media, voters would deliver a “democracy suppository” to the left in November’s midterm elections.
In his address, Bannon smashed the Federal Reserve and the accountable bankers.
“0.5% of the citizen of this country own more assets than the bottom 90%, that’s all happened over the last ten years, since 2008. Now, we took a monetary base of what back in the 80s of what eight hundred billion dollars when the Fed’s balance sheet was 880 billion dollars under President Bush, Right? The balance sheet of the FED is nine point five trillion dollars today; the debt is 30 trillion dollars.
We have 100 to 150 trillion dollars contingent liabilities, all just because of their Prime Reserve currency; the greatest export we have is the dollar. Still, all of that rests on the shoulders of our children and our grandchildren. Those are all bills that will come due.
“All we’ve done is cranked up; we just cranked everything up. That’s where they talk about these ridiculous, insane bills of trillions of dollars because the Federal Reserve will print the money. The Federal Reserve, by the way, is owned not by the American people but by a central bank owned by 24 prime Brokers, JP Morgan and Goldman Sachs, and Morgan Stanley.
How does that work? And governors that are selected, and the best Governor we’ve had in the Federal Reserve, are right here in Dallas. Richard Fisher, who told you what was going to happen by going too negative interest rates, told you what was going to happen by printing all this money.
And having four, five, six trillion dollars, seven trade dollars, eight trillion dollars, and now 9 trillion dollars in the Federal Reserve balance sheet.
You talk about inequality. It’s not a fifteen-dollar minimum wage; that’s tip money. That’s how the administrative state pays for itself. We don’t need to audit the FED. We need to end the Federal Reserve. The Federal Reserve has usurped its power in the power of the American people and our elected representatives, and no, they do not have the consent of the governed. We will not comply, we will not submit, and it must be ended.”
BANNON: “We don’t need to audit the Fed. We need to end the Federal Reserve.”
— Election Wizard 🇺🇸 (@ElectionWiz) August 6, 2022
The Daily Mail provided additional information regarding Bannon:
“He turned his populist guns on the central bank in one of the fiercest parts of his speech on Friday.
The Fed has aggressively printed trillions of dollars in an effort to keep the economy afloat since the pandemic began.”
“It’s the biggest con they have,” he stated.
Not only did Republican-Conservative voters concur with him, however.
Left-leaning Democrats concur with Bannon. And this is precisely what the RINO-Left never-Trumpers fear the most: left-right unification.
One self-proclaimed leftist initiated an online discussion that elicited intriguing answers.
“Steve Bannon calls for abolishing the Federal Reserve and explains how their fraudulent activity greatly contributes to a growing wealth divide in the world. If you consider yourself “left,” do you agree? Perhaps this is where the people can unite,” DJ Donnellon wrote.
More on this story via The Republic Brief:
Donnellon described himself as a former far leftist.
“I used to identify as “left,” “far left” actually, I used to think the wealth divide was the biggest problem in our world and that greedy people were responsible. It’s not that I don’t think that anymore, but I realize now there is a MUCH bigger spiritual picture going on here.”
As for the wealth gap and a minority owning most of America, the left has been screaming this for years but the right claps back with ‘ Hey, if they can do so can we, don’t be jealous’
Can we all Unite to even the fields? I do concur sir.
— Calvin Mcgettigan (@CalvinMcgettig1) August 7, 2022