According to Dr.
Thomas DiLorenzo, author of The
Real Lincoln, the creation of the Federal Reserve Banking
System (or "the Fed") in 1913, combined with the income tax, put the
final nail in the coffin of the limited republic created by the Founding Fathers.
From now on America's ruling elite had all the taxation and inflationary tools
they needed to grow America into an Orwellian, welfare-warfare global superstate
that wages perpetual war for perpetual peace. For more on the Fed, see "The
Sad History of America's Current Central Bank" four fifths the way through
vs. Decentralized" article in our "Resolving
Ideologies" section, where we discuss important points made in the
Privilege: How the Monetary Elite Benefit at Your Expense
by Vincent R. LoCascio. (At right, the Federal Reserve headquarters in Washington,