Glenn Beck And The Federal Reserve

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Glenn Beck And The Federal Reserve

Last Friday, Glenn Beck did an entire show on the Federal Reserve. It had been a highly publicized show and many people were wondering how Beck was going to handle the subject. Well, to his credit, the show actually contained a lot of truth and it was definitely anti-Federal Reserve. Was the show perfect and 100% accurate? No, not by a long shot. But for a big name personality like Glenn Beck on a big cable network like Fox News to do an hour long show on why the Federal Reserve is bad is a very big deal. Many of us in the alternative media have spent a lot of time bashing the mainstream media (and rightly so), but when someone does something right, we should applaud them for it. The Federal Reserve was the topic for the entire show, and Beck and his guests discussed the creation of money, debt, the history of banking and the current financial problems of the United States. Glenn Beck even had G. Edward Griffin on the show. That was huge. There is not usually much on the mainstream news worth getting excited about, but in this case Glenn Beck's show on the Federal Reserve was a very good step forward, and hopefully more mainstream news programs will begin to feel comfortable with taking an honest look at the Federal Reserve.

Let us hope that Glenn Beck and his staff will continue to do more research on the Federal Reserve and will move that show in some more positive directions. We should be encouraging to anyone that wants to discover the truth. However, it is also important to note that there are quite a few things that Glenn Beck is fundamentally wrong about, and that probably is not going to change any time soon. In fact, it would be foolish to put too much trust in anyone in the mainstream media.

But we also have to be willing to allow people to change. Perhaps Glenn Beck really has become convinced that the Federal Reserve is bad for America. Or perhaps at least he is a little more open to discussing it now. In any event, a couple million Americans got exposed to a lot of truth about the Federal Reserve on Friday and that is a good thing.

So exactly what did Glenn Beck have to say about the Federal Reserve on Friday? Let's review some of the good points and some of the bad points....

The Good....

*Glenn Beck acknowledged that the Federal Reserve is a privately owned banking cartel.

*Glenn Beck correctly stated that the Federal Reserve creates money out of thin air.

*Glenn Beck noted that the Fed has tremendous control over economic policy.

*Glenn Beck interviewed G. Edward Griffin and didn't even freak out when Griffin started using terms such as "New World Order".

*Glenn Beck detailed the history regarding the infamous meeting on Jekyll Island during which the concept of the Federal Reserve was shaped and developed.

*He brought out that approximately one-fourth of all the wealth in the world was represented at that meeting on Jekyll Island.

*Glenn Beck at least mentioned some of the big players involved in the creation of the Federal Reserve such as "Rockefeller", "Rothschild", "Warburg" and "J.P. Morgan".

*He told his audience that our currency is backed by nothing.

*Glenn Beck correctly acknowledged that the Federal Reserve has no elected officials and that it is an undemocratic institution.

*Glenn Beck repeatedly mentioned that we are not allowed to look into the books of the Federal Reserve.

*Glenn Beck rightly proclaimed that when it comes to the Federal Reserve there is basically no accountability.

*Glenn Beck even asked G. Edward Griffin about what it would take to get rid of the Federal Reserve.

The Bad....

*Glenn Beck implied that those that link the Federal Reserve with the Bilderberg Group are a bit nuts.

*Glenn Beck repeatedly used words such as "crazy" and "crazy town" to describe conspiracy theories about the Federal Reserve.

*He failed to get into how the Federal Reserve greatly benefits big Wall Street banks such as Goldman Sachs, Morgan Stanley and JPMorgan Chase.

*Glenn Beck could have very easily have gotten into how essentially all of our currency is created by debt, and how this debt-based system is at the very heart of our financial problems.

*Glenn Beck only briefly touched on the relationship between the Federal Reserve and the national debt.

So it was not a perfect show. In many ways, it just scratched the surface. It also probably alienated a lot of people in the alternative media. But at least it was a lot more than we usually get in the mainstream media.

So what should we conclude? Posted below is a YouTube video that contains Glenn Beck's show on the Federal Reserve. Watch it and decide for yourself.....

It is no secret that Glenn Beck has lost a ton of viewers over the past several months. It is also no secret that anti-Federal Reserve sentiment in this country is growing. Could Glenn Beck be trying to tap into all of the anti-Federal Reserve sentiment in order to bring in more viewers? Or is this Glenn Beck being honest and sincere about what he really believes about the Federal Reserve?

In any case, a lot of truth about the Federal Reserve was presented on Friday and G. Edward Griffin got to speak to a couple million people. Large numbers of G. Edward Griffin's books on the Federal Reserve will be sold. More people will wake up to the truth about the Fed.

So a lot of good is going to come out of all of this. Perhaps more news programs will also start doing shows about the Federal Reserve. Perhaps more mainstream radio and television programs will have guests like G. Edward Griffin on. Perhaps eventually the debate about whether or not to shut down the Federal Reserve will become part of mainstream political discussions in this country.

In any event, those of us that are deeply critical of the Federal Reserve should be glad that people like Glenn Beck are talking about it. The folks in the mainstream media are not always going to get things right, but that is a whole lot better than if they were to simply not talk about the problems with the Federal Reserve at all.

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