Fed's Propaganda Campaign to Extend to Government-Run Education System


Clint Siegner Clint Siegner

Clint Siegner

April 11th, 2012 Comments

The Federal Reserve seeks to educate students on the supposed constitutionality and wisdom of their system

Recently, the ZeroHedge website reported how the Fed is looking to implement plans to teach in our schools the supposed constitutionality and wisdom of the Federal Reserve System.

For sound-money proponents and constitutionalists, this is propaganda – and an overt attempt to use the public school system to systematically indoctrinate our young people.

An associate of mine recently visited South America. On his return trip from Peru to the U.S., he said it was easy to spot the Americans on his flight: " They were the only ones, like Pavlov's dogs, that automatically took their shoes off to walk through security."

In Peru, like most countries in the world, travelers are not treated like criminals nor required to remove their shoes or submit to x-ray strip searches. Yet, in a foreign country and without question, perfectly healthy Americans mindlessly followed their TSA conditioning.

It Would Seem the Fed Is Hoping for the Very Same Result...

Here are direct quotes about of the objectives and procedures of the Federal Reserve's school lesson plan:

  • "Students will: Define expressed powers, implied powers, precedent, fiat money, the Federal Reserve Act, the necessary and proper (elastic) clause, and the value of money;
  • "Ask the students who determines whether a law is constitutional. (Ultimately, the Supreme Court decides whether a law is constitutional.)"
  • "Vocabulary. Tell the students that when the Supreme Court makes a decision, it establishes a precedent... Share the following example with students: In a discussion with your parents concerning your curfew this Friday night, you might make an argument for a later curfew. Your parents might deliberate and finally make a decision that your curfew this Friday will be midnight... That decision might serve as a precedent for your curfew on future Friday nights."
  • "Have a student read the last clause of Section 8... Discuss the following: 'What does 'elastic' mean? (stretchy, changeable, or adaptable)"
  • " ...What gives 'coin,' or money, value? (Students might suggest that the value is the result of a commodity such as gold that might back the coin or paper money.)"
  • "Money used by the United States, and other modern economies, is called fiat money... The value of fiat money comes from being endorsed by the government and... people value dollars because others will accept the dollars given to them in exchange for goods and services."
  • "Explain that for a long time thereafter, the United States did not have a central bank, and the U.S. economy experienced many financial panics and economic problems as a result."
  • "Explain that there are many examples of the problems created when control of a country's money supply is too closely linked to the country's government."
  • "Explain that Congress used powers granted in the necessary and proper clause to delegate its monetary powers to the Federal Reserve System. And, in doing so, Congress attempted to keep the power to regulate the money supply at arm's length from the political process."
  • "Describe how you might defend Congress' delegation of the power to coin money and regulate the value of money to the Federal Reserve."

"... The amount of money in the economy affects the overall price level. Inflation is an increase in the overall price level that reduces the value of money... Inflation reduces the value of money... In the long run, inflation results from increases in a nation's money supply that exceeds increases in its output of goods and services."

What's Left Out of the Fed's Lesson Plan Is Telling...

From what I could see, there's nothing in the lesson plan that explains that the Fed habitually inflates the money supply, which leads to higher prices and the devaluation of the dollar:

  • There's no definition for both money and currency and what is the difference;
  • No explanation that the Fed is not a government body;
  • No mention of problems created when the country's money supply is too closely linked to a central bank (the Fed) that has virtually no government oversight;
  • No discussion of how debt is created first to create fiat currency, which leads to growing taxation to payoff said debt;
  • No objection to judges legislating from the bench.

Here Are a Couple of Approaches to Central Government Intrusion into Your Child or Grandchild's Education –

Parents still do play an important role in rounding out a child's education. You can, and should, serve as a counterbalance to government-run education centers. Find out what your children (grandchildren) are learning in school and, if appropriate, offer your own input and alternative view point after school, on the weekends, and on vacations. It's a parent's duty to monitor what is being taught.

Let the youngster know that school is not the only place to gain knowledge – much of the knowledge they'll need throughout life is found outside the walls of a school.

If you feel your child is better served with an education outside of the mainstream, you're not alone. Millions of Americans take advantage of homeschooling. In fact, it is quite common today to find many home-schooled students attending the top universities. Children schooled at home excel in university and afterward.

Here's some information on homeschooling for beginners as well as links to find homeschool groups in your area:

Clint Siegner

About the Author:

Clint Siegner is a Director at Money Metals Exchange, a precious metals dealer recently named "Best in the USA" by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals' brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.