Friday, March 13, 2009

Fr. Coughlin on the Federal Reserve

His anti-semitic rants are morally reprehensible, and should be condemned.

Thus my disclaimer.

But this speech, given some time in the early thirties, is right on about the pernicous effects of the Federal Reserve manipulating our economy through fiat money. Fiat money invites big government manipulation of the economy and the kind of corporate welfare we are witnessing now.

Here's Father Coughlin preaching truth to power as he speaks against the Federal Reserve.

Again, dead wrong about God's elder children, but right on on this issue, stemming from a traditional and sensible view of real free market economics based on the teachings of the Salamanca Schoolmen.

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