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Jake Towne's Speech at the Philadelphia Federal Reserve, November 22, 2009

 Text and video of a fiery speech I gave last Sunday at the FED on November 22, 2009.  After this, I gave a 30-minute talk on the transition to sound money, which can be read here.  Thanks to Robert Browne for both of the below photos, and to Truth215Freedom and 4FreedomRiderof Youtube for taking the video.


I am running for the 15th Congressional District of Pennsylvania as an independent private citizen.

Today we have the usual career politician who spits upon the Constitution and who does not acknowledge the truth about the money-printing of the Federal Reserve, and endlessly votes to debase the currency for his own political gain and the detriment of those he supposedly represents. This might have something to do with the fact that he has accepted PAC contributions from Bank of America, Citibank, Wells Fargo, JP Morgan Chase, Wachovia, and HSBC and then voted for the Banker Bailout of October 2008. (1) But the 15th did not always have such poor representation.

During the Great Depression in 1934, the representative from the 15thCongressional District of Pennsylvania dared to tell the people the TRUTH about the Federal Reserve. His name was Louis T. McFadden. He dared to impeach all officers of the Federal Reserve with Treason against the Constitution and Theft from the American people by counterfeiting money.

From the Congressional Record:

On account of the Federal Reserve, we ourselves are in the midst of the greatest depression we have ever known. From the Atlantic to the Pacific, our Country has been ravaged and laid waste by the evil practices of the Fed and the interests which control them... The people who have thus been driven out [of their homes] are the wastage of the Fed. They are the victims of the Fed. Their children are the new slaves of the auction blocks in the revival of the institution of human slavery.” (2)

We are still in bondage today. Central bankers commit immoral acts when they create, with a stroke on a keyboard, enough purchasing power to equal the amount that 60,000 American households will earn in an entire LIFETIME, but this is what the FED has been doing on a WEEKLY basis this past summer. (3)

The FED is a parasite on society, it sucks wealth from those who work for it and feeds it to the dogs of war, to wasteful federal spending and to the international banking cartel. The FED is a BLIGHT on ALL humanity, and struggle to abolish the FED is one that is just beginning. The simple goal should be to return the Money Power to the People, where it belongs.

When one flips through the pages of the history of the world, one finds that liberty is as rare and as fragile as a desert rose. I've lived in China for 4 years and believe me, liberty does not exist wherever there is rule by MEN instead of rule by LAW. Liberty must be fought for and won by every generation. So today, WHO is going to fight for freedom?

I will, and if my campaigns' volunteers are successful once again the 15th Congressional District will have a public servant who will speak the truth.

Today the struggle is against a domestic oligarchy, a two-headed, one-party monopoly backed by the central bankers of the FED. But remember how America was born -- in open rebellion against a foreign monarchy and central bankers of Europe. America won freedom from tyranny once before, and for the sake of the next generation, it needs to happen again.

My last note - for many years our money was not imprinted with the face of a tyrant King or a dead President but instead. These gold and silver coins were marked with a single word representing the idea that the founders desperately wanted us to never ever forget and always strive for. It is their message, sent through time.

What was that idea? What was that single word? That word was LIBERTY!!

Video link here.  A second video from a different angle with my introduction courtesy supporter Rob Pepe is here. 

Please also refer to my Federal Reserve Plank here to learn more.  Notes from the speech are below.

(1) The incumbent, who happens to be a Republican, in my district is Charles "Charlie" Dent.  If you read all of the open letters I have written this year alone, especially the question I asked at a town hall on what he was doing to prevent a collapse in the dollar, it is pretty clear where Dent's allegiance rests and he deserves exposing.  His vote to approve the banker bailout of October 2008 is here, and he waseven a co-sponsor of the bill, HR 1424.  The proof that the banks I named -- and many, many more that I did not list -- have donated financially to Charles Dent are listed below.

Bank of America, Wells Fargo, and HSBC have given directly to Dent per this FEC link.

The way corporate lobbyists spread their power (since donations from a single PAC to any single candidate are limited) is simply to have multiple PAC groups created.  A PAC group named American Bankers Association PAC has given tens of thousands of dollars to Dent over the years.  American Bankers Association PAC has received money from Bank of America, Citibank, Wells Fargo, JP Morgan Chase, Wachovia, and HSBC per this FEC link

Yet another PAC, American Financial Services PAC gave $13,000 to Dent, and includes donations from Bank of America, Citibank, Wells Fargo, Wachovia, and HSBC per this FEC link.

By the way, Towne for Congress does not accept lobbyist contributions, and 100% of all contributions received to-date are from individuals. 

(2) Congressman McFadden's full 1934 statement can be read here or from the official Congressional Record here.  Some criticism of his remarks are here. A valid comment was that during the 1920s, McFadden was the chairman of the Banking and Currency Committee and certainly did not bring up the Federal Reserve in such strong terms during this time period - but this means he also most likely knew what was occurring.  It is possible that some of the figures he gave were incorrect, but the FED did cause the Great Depression as I proved here.  McFadden was likely assassinated within 2 years of his House floor speech.

(3) The math that I used for the purchasing power of 60,000 households was the average annual household income of $45,000 - which is closer to $50,000 for the 15th district multiplied by 50 years.  60,000 X $45,000-per-year X 50 years = $135 billion.

The worst week, I believe, with US Treasury sales at auction was $235 billion, but several other weeks were over $135 billion.  From July 24-July 30, check hereherehereherehereherehere and here.

Showing everyone what the best use of paper money really is.  There were roughly 250 people who took part in this march.  Credits to Stacy Litz for the great sign!!!

Disclosure:  No positions in the above listed banks.