The establishment of the Fed was one of the worst early sell-outs of America. There is no way having our currency owned by rich bankers and loaned to us is good for us. It could, however, turn out to be used advantageously. If we dumped the Fed, we could tell all those foreign countries holding billions of dollars of Federal Reserve currency to go to the owners of the Fed to cash them in!
"Necessity is the plea for every infringement of human freedom. It is the argument of tyrants. It is the creed of slaves." ~William Pitt, 1783
Look for Jim Cramer's name at MSN.com. Click on a video and then type in Jim Cramer fed into the search at the top left. The video is titled Jim Cramer the Fed must wake up.