I found this video interesting. Ron Paul tears into the Fed and makes them look like idiots. I have listed some points that I find interesting in the video.
1:40 - It gets interesting and mentions gold
1:50 - "The Federal Reserve…We have no gold. We haven't had gold since 1934. We haven't held any gold swaps. We turned the gold, by law, to the Federal Treasury"
2:32 - Made it clear, "WE HAVE NO GOLD"
3:25 - Ron Paul: "Since the Fed and Treasury work together, Why doesn't the Treasury sell the gold back to the people? Would you find anything wrong about that?"
3:40- Federal Reserve guy replies with "I … I have NO POSITION over that"
Ron Paul: "No position!?!?"
3:52- Ron Paul asking another Fed worker "Do you have an opinion on this?"
Fed: "I…uh…I … have no position. My position is the same as his…" and watch the guy behind him laugh and smirk.
4:15- Ron Paul: "Well if you're saying gold isn't money, we're never going back to the gold standard, it's not an asset, then why are we holding on to it? I would think we wouldn't be holding it. Fact is, gold IS money… People do cling to it. Because of this lack of transparency, there's been a tremendous amount of gold swaps, central banks sold gold off, a lot of the gold has gone from the West and gone to the East…there has to be a message in here. We're in a financial mess that has to do with our monetary system. Just printing all this money isn't doing any good…our statistics are horrible. I think this is off the subject but we don't exactly know what goes on. People are suspicious. Why don't we know? "
ABOLISH THE FED.....