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Wiretapping Over Time
Political
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Aug 062017
How A Bill Becomes A Law
Information, Political
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Jun 012017
May 112017
Apr 262017
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Once upon a time there was a king who wanted to go fishing. He called the royal weather forecaster and inquired about the weather forecast for the next few hours. The weatherman assured him that there was no chance of rain in the coming days.
So the king went fishing with his wife, the queen. On the way he met a farmer on his donkey. Upon seeing the king the farmer said, “Your Majesty, you should return to the palace at once because in just a short time I expect a huge amount of rain to fall in this area”. The king was polite and considerate, he replied: “I hold the palace meteorologist in high regard. He is an extensively educated and experienced professional, and I pay him very high wages. He gave me a very different forecast. I trust him and I will continue on my way.” So they did. However, a short time later a torrential rain fell from the sky. The King and Queen were totally soaked and their entourage chuckled upon seeing them in such a shameful condition. The farmer said, “Your Majesty, I do not know anything about forecasting. I obtain my information from my donkey. If I see my donkey’s ears drooping, it means with certainty that it will rain.” So instead, the King hired the donkey on the spot. And thus began the ancient-old practice of hiring asses to work in the government and occupy its highest and most influential positions…
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An Explaination Of The Federal Reserve In Less Than 3 Minutes
Political
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Mar 202017
Everything you didn’t know about the Federal Reserve explained in just a few minutes…
Like doing taxes and managing a business, there’s a lot many of us didn’t learn in school. Fortunately, School House Shock is prepared to instruct the masses on what exactly the Federal Reserve is.
In case you missed Government class, the Federal Reserve is the central bank of the U.S. and it is credited with helping the nation maintain high employment rates and stable prices for consumers. The main tool utilized by the Federal Reserve to influence the economy is interest rates – the price everyone pays to borrow money. Learn more here.
As is mentioned in the video below, the central bank is able to assert its influence by buying and selling U.S. Treasury bonds (this is how the U.S. borrows cash to fund government operations). When the Fed buys Treasuries from individual banks, new, shiny money is created electronically to pay for these bonds. Such is how the Fed increases the supply of money in the American economy.
However, there are numerous ‘cons’ to the process. This is what the video below seeks to examine in less than three minutes. A summary, found in the description section on YouTube, reads:
“Money – whether its a tangible piece of paper or a number on a screen – is intrinsically worthless, yet it fuels the modern world. In America, the ultimate control of money rests with the bankers of the Federal Reserve System. Because of this it is detrimental that we as citizens understand how this shadowy – private – organization works and how it’s ultimate goal is to forever enslave us in a descending pit of debt that we will never crawl out of.”