Perhaps the experts are in on the scam?

Ron Paul has introduced a bill that wants the fed audited, not all of Congress. Obama and the Dems/Marxists are bankrupting the country on purpose, printing money like there is no tomorrow. I have been saying this on Y/A for months, they want to form a Socialist Oligarchy Dictatorship. The article looks like everybody trying to cover their a$$ for when it hits the fan in 2011.

>"The dollar has lost 96% of its value since the fed started regulating the dollar."

The context of this statistic and story is something that propagated by groups like the "John Birch Society", for example. You are reading only one article based on a sprinkling of a few "facts" with sensational "statistic" taken out of context, mixed with a political philosophy (some group's own propaganda).

I would suggest you dig a little a deeper and go back to your college economics texts to refresh yourself on what this statistic really means. It's being used and taken out of context!

I am very sceptical of what passes as news & facts. I trust almost nothing I hear, and only half of what I see.

So I would suggest that you relax and do your own independent research of what this all really means. This and similar articles like this are floating around, I would say that if it struck a nerve, that was it's intent. I will have to investigate this further to satisfy my own intellectual curiosity as to where this is originating. There is something suspicious about this article. It reads like a "rumor" or story being repeated. I am disappointed in the credited WSJ author, he's regurgitating stuff that has been floating around over that last couple of years.

You can read the petition itself as well as the signatories here:

http://blogs.wsj.com/economics/2009/07/15/petition...

My reading = It looks like an attempt to keep the Federal Reserve System from becoming politicized. Read it for yourself!

The Fed is paying everyone off. Abolish them.

Sounds like it. They seem to want us to be accountable to other countries.

Of course.