Title: 3 MAJOR SHIFTS for Gold & Silver Source:
[None] URL Source:https://www.youtube.com/watch?v=sToXPNcU63Q Published:Sep 9, 2020 Author:GoldSilver (w/ Mike Maloney) Post Date:2020-09-25 04:37:18 by BTP Holdings Keywords:None Views:226 Comments:1
Where are gold and silver prices heading, and why? Will we see more announcements from pension funds stating that they’ll be buying gold? And where are we in the inflation/deflation debate? These are three separate topics that all add up to major shifts in the gold and silver markets. Join Mike Maloney, Chris Martenson and Mr Jeff Clark for their latest analysis. Download Mike's best-selling book for free here: pages.goldsilver.com/fr ee book Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
From Wiki (My people are destroyed for lack of knowledge and their stubborn refusals to listen the fuck up). Louis Thomas McFadden (July 25, 1876 – October 1, 1936) was a Republican member of the United States House of Representatives from Pennsylvania, serving from 1915 to 1935. A banker by trade, he was an opponent of the Federal Reserve System and was the chief sponsor of the 1927 McFadden Act, which rechartered the Federal Reserve System in perpetuity, liberalized branch banking for national banks and increased competition between member and non-member banks.[1]
Political career
In 1914, McFadden was elected as a Republican Representative to the Sixty-fourth Congress and to the nine succeeding Congresses.[2] He served as Chairman of the United States House Committee on Banking and Currency during the Sixty-sixth through Seventy-first Congresses, or 1920-1931.[2] Though re-elected without opposition in 1932, he lost to the Democratic nominee in 1934. He was an unsuccessful candidate for nomination in 1936.[2]
McFadden's main official legacy was the working on and the passing of the McFadden Act of 1927, limiting nationally-chartered branch banks to the state in which the main branch operates. The Act sought to give national banks competitive equality with state-chartered banks by letting national banks operate branch banks to the extent permitted by state law. The McFadden Act specifically prohibited interstate branching by allowing national banks to branch only within the state in which they were situated. Although the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 repealed this provision of the McFadden Act, it specified that state law continues to control intrastate branching, or branching within a state's borders, for both state and national banks.[3] McFadden in 1931
McFadden was a "vociferous foe of the Federal Reserve",[4] which he claimed was created and operated by Jewish banking interests who conspired to economically control the United States. On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives,[5] in which he accused the Federal Reserve of deliberately causing the Great Depression. McFadden also claimed that Wall Street bankers funded the Bolshevik Revolution[6] through the Federal Reserve banks and the European central banks with which it cooperated.
After the expulsion from Washington, D.C., of the veteran petitioners of the Bonus Army, which he called "the greatest crime in modern history", McFadden moved to impeach President Herbert Hoover in 1932,[7] and he also introduced a resolution bringing conspiracy charges against the Board of Governors of the Federal Reserve. The impeachment resolution was defeated by a vote of 361 to 8; it was seen as a big vote of confidence to President Hoover from the House.[8] According to Time magazine McFadden was "denounced and condemned by all Republicans for his 'contemptible gesture'."[4][8] The Central Press Association reported that he was "virtually read out of his party ... [had] his committee posts ... taken away from him…was ostracized by Republicans [and] called crazy ...".[9] Sen. David A. Reed (R-PA) said "We intend to act to all practical purposes as though McFadden had died".[10]
In 1933, he introduced House Resolution No. 158, which included articles of impeachment for the Secretary of the Treasury, two assistant Secretaries of the Treasury, the Board of Governors of the Federal Reserve, and the officers and directors of its twelve regional banks.[11]
In 1934, he made several anti-Semitic comments from the floor of the house and in newsletters to his constituents wherein he cited the Protocols of the Elders of Zion, claimed the Roosevelt administration was controlled by Jews, and objected to Henry Morgenthau, Jr., a Jew, becoming Secretary of the Treasury.[12][13][14][15][16] Drew Pearson claimed in his "Washington Merry-Go-Round" column that, in a publication by the American fascist Silver Shirts, McFadden had been "extensively" quoted "in support of Adolf Hitler".[17] In September the Nazi tabloid Der Stuermer praised McFadden.[18] He was also lauded by the publications of William Dudley Pelley, leader of the Silver Shirts, on several occasions.[13][19] On election day that year he lost to Charles E. Dietrich by "about 2,000 votes".[20] This was the only election between 1912 and 1950 when the district elected a Democrat.[21]
According to McFadden's Jewish Telegraphic Agency obituary:"In January 1935, he announced his candidacy for president with the backing of an organization called 'the Independent Republican National Christian-Gentile Committee' on a platform to 'keep the Jew out of control of the Republican Party!'"[22] Not garnering much support for his presidential bid, he tried to win back his congressional seat. He lost the nomination by a wide-margin to Col. Albert G. Rutherford[23][24] who went on to win the general election.
Death
He was in New York City visiting with his wife and son in late September 1936, when he was taken ill at his hotel and died of coronary thrombosis[25][26] shortly thereafter in the Hospital for Ruptured and Crippled, in Manhattan.[22][27] He was interred in East Canton Cemetery in Canton, Pennsylvania.[2]