If this action is to have any effectiveness. therefore. as I sincerely hope it will. it must be backed up by a broad public campaign to acquaint the American people with the major responsibility that the Federal Reserve bears for the exorbitant interest rates that are stifling our economy. forcing up prices. increasing profits. and causing mass layoffs among workers in construction. manufacturing. and other business enterprises and industries. We have heard dozens of conflicting and unenlightening explanations from the economic experts as to why we are now in the midst of the worst recession and unemployment since the economic crisis of the thirties. with the added feature of continuing inflation. We have even heard joblessness blamed on illegal aliens who come to this country in the hope of finding a decent life. just as our parents. grandparents. and other ancestors did. Turing poor aliens into the scapegoats for a depression that was deliberately created by the economic powers that rule our country represents an attempt to mislead the American people as to where the real problem lies. Not enough attention has been focused on the role of the Federal Reserve. which operates as an autonomous entity and serves the interests of the commercial banks rather than those of the American people. especially those who are suffering so much as a result of the combined assaults of recession and inflation.
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illegal aliens