Bill H.R. 833-Abolish the Federal Reserve

The bill to abolish the Federal Reserve is H.R. 833 it was introduced 02/03/2009 and Referred to the House committee on Ways and Means 02/10/2009. Part of introduction statement:"I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people.  Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. It is time for Congress to put the interests of the American people ahead of special interests and their own appetite for big government.  Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy." The Federal Reserve is a Private Organization, not part of any government branch, that has controlled the direction and economic policy of our country. They are Bankers and Financial executives that have controlled, regulated and policed the financial actions that have lead us down this slippery slop. Please research for yourself. Then write/call your government representatives to support this bill, which is long over due. Abolishing the Federal Reserve has been tried many times before but their wealth and power stopped it. Now is the time for Americans to step up and say enough abuse of power is enough.