Glenn Beck used his Monday evening broadcast to expose the four key ways in which the Federal Reserve is a “scam,” namely because:
- We’re not allowed to see who owns the Fed
- We’re not allowed to audit the Fed
- The Fed is our biggest lender (bigger than China)
- The Fed is the biggest receiver of Federal funds
Beck believes that the Federal Reserve and the Treasury are doing something “you and I couldn’t get away with,” and that’s “writing bad checks.”