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Annotated Bibliography Primary Sources Flaherty, E. "Who Owns and Controls the Federal Reserve.

" Who Owns and Controls the Federal Reserve. Web. 01 Dec. 2013.
In his essay, Who owns and controls the Federal Reserve, Dr. Edward Flaherty discusses the ownership of the Federal Reserve and whether it REALLY IS controlled by foreigners. Flaherty also talks about the amount of freedom given by the Fed and talks a little more about its history. This interview therefore provides another perspective on the issue of the Federal Reserve System. I know that I can trust this source because Dr. Flaherty has been certified in the field of economics and therefore has a strong opinion for it. Based on this information, the essay discusses the rights and responsibilities of the foreigners and owners of the Federal Reserve, so it relates to this years topic of Rights and Responsibilities.

Greenspan, Alan. The Age of Turbulence: Adventures in a New World. New York: Penguin, 2007. Print.
In this primary source, Alan Greenspan describes his career as the Chairman of the Federal Reserve in depth and gives readers an insight of how it is if you were holding that position. He also explains how he dealt with the economy after major disasters such as 9/11 and the stock crash of October 1987. Follow Greenspan in his adventures trying to hold the United States economy together and keep the United States strong.

Keller, J. "Abolish the Fed LewRockwell.com." LewRockwell. Web. 01 Dec. 2013.


This primary source, found on Lee Rockwell's (a very famous politician) website, tells the perspective of one of the most important politician in the United States, Ron Paul, about the Federal Reserve System. This was in 2002 when Ron Paul was still Texass representative in the House of Representatives. He gave a speech on how the Federal Reserve System should be abolished forever and how the economy should be based on gold. This shows another perspective of the Fed which is actually against it. This source really helped me understand another sides perspective of the Fed.

Willis, Henry Parker. "The Federal Reserve Act." JSTOR. Web. 26 January. 2014.

This source is a copy of what Henry Parker Willis wrote in the journal The American Economic Review. Henry Parker Willis was an expert on the economy of America. This source provides information about the impact of the creation of the Fed. It provides great information of all kinds about the Federal Reserve and its history. We can use information to help analyze how the Fed fits in to its time period.

"Woodrow Wilson Presidential Library." Woodrow Wilson Presidential Library. Web. 08 Dec. 2013.
This source gives information about comparison of America before and the nation today due to the Federal Reserve. It gives very good information about the crisis of 1907 and all of the events leading up to the creation of the Fed. We could use this source in our project for background information of all the important events that led up to the creation of the Federal Reserve Act of 1913.

Secondary Sources "Federal Reserve Education." History of the Federal Reserve. Web. 01 Dec. 2013.
This source gives a timeline about the creation of the Federal Reserve. It gives important information about the impact of the Federal Reserve on the future and the impact of the events leading up to the Fed that impacted the creation of it. This webpage will help us with our project because it will help us string up the events of the Fed. We can use it for info about creation, history, and future impact.

"Fixing the Federal Reserve." Cato Institute. Web. 08 Feb. 2014.


The Cato Institute is a high supporter of the American dream, that freedom and independence is what dominates the foundations of life and what makes a people great. The publication they created, Fixing the Federal Reserve, is a basic argument for the Feds wrongdoings in the economy and for America. They say in the publication that the Fed will always make these types of mistakes if they continue their actions in the markets, and that the only way to truly stop the Fed is to simply explain to them that theyre wrong. We used this publication as an example of the many people in America who opposed and did not like the Federal Reserves transactions.

"Miller Center." American President: American President. Web. 01 Dec. 2013.

In their document, Federal Reserve Act Signed - December 19, 1913, the Miller Center discusses the efforts that Woodrow Wilson went through in order to enact the Federal Reserve Act. We think that since this secondary source is so trusted and believed, the document should DEFENITIELY be noted in our bibliography. Also, this source provided an impact on society, which means that it affected usas in, the people , wefor our own created ideas. (For instance, one of our group members, Alan Luo, thought that Woodrow Wilson was a bit demanding when he heard that others didnt agree with the Federal Reserve enactment; he never thought about that before).

"Money, Banking, and the Federal Reserve System." Top Documentary Films RSS. N.p., n.d. Web. 02 Dec. 2013.
The film, directed by Top Documentary Films, offers an unconventional idea on how the Fed should be run. It not only opposes the various transactions performed, but also shows how the American people are being affected by it. They also describe their effects on other foreign countries.

Mui, Ylan Q. "Yellen to Defend Federal Reserve Policies before Senate Banking Committee."Washington Post. The Washington Post, 14 Nov. 2013. Web. 21 Nov. 2013.
This primary source is written by Washington Post economic writer Ylan Q. Mui and gives information about current debate issues in the U.S. government. They are currently arguing about whether we need a new monetary policy. Janet Yellen claims that over the years, the economy has recovered itself and will continue too. Others say that we need to continue to mend the economy until it is stable and healthy.

Neely, Christopher. The Federal Reserve Responds to Crisis: September 11 Was Not the First. The Federal Reserve Bank of St. Louis Review (2004): 27-29. Print. 02 Feb. 2014.
The Federal Reserve Bank of St. Louis is a part of the 12 Federal Reserve Districts in the nation of America, involved in all of their citizens financial lives. The publication that one of their members wrote, The Federal Reserve Responds to Crisis: September 11 Was Not the First describes the troubles the members of the Fed had to face for the other financial crises like 9/11. Neely also points out the way the Federal Reserve operates with the money they input and output by indicating the specific rules of math they use. Taylors Formula, liquidity predictions, interest rates, GDP graphs, etc. We used The Federal Reserve Bank of St. Louis Reviews publication as a demonstration of how the Federal Reserve Banks in the States operate the money that

we put in for them and the money we obtain from the banks. We wanted to emphasize how they believe that math controls a very miscellaneous economy.

Stahl, Lesley. "Greenspan on Housing Crisis." CBSNews. CBS Interactive, Web. 01 Dec. 2013.
This is an interview from CNN posed on 2007, a year after Alan Greenspan noted as the best Fed chairman, also the intervieweeretired from the Fed. Greenspan notes on how ludicrous everyone is thinking on HIS behalf, and instead puts his OWN ideas into play or how he thinks the Fed should go on. We thought that his insight would be a HUGE addition, what with him being the former chairman of the Fed.

"The American Dream." Top Documentary Films RSS. Web. 08 Feb. 2014.
The American Dream is an epic short film that was designed specifically for the American people. An American citizen named Pile is introduced in the story, and his life goes along quite normally until the Federal Reserve Bank steps in and gives him a new house. This film is a strong patriotic argument for American citizens to stand against the Fed, and work to fight them. Therefore, the documentary is in exact guidelines with our websites argument because we both share similar ideas that the Federal Reserve is completely invasive on our rights and our responsibilities. The American Dream is a basic foundation for us and is what we as a group build upon for our website.

"U.S. Senate: Art & History Home Senate Stories 1878-1920 The Senate Passes the Federal Reserve Act." U.S. Senate: Art & History Home Senate Stories 1878-1920 The Senate Passes the Federal Reserve Act. Web. 23 Jan. 2014.
This source gives information about a Senate meeting in the 1900s. This source tells about what happened before the Fed and what was talked about and argued about in Senate Debates about the Federal Reserve Act. It talks about all that happened with the voting. It helps with our project because it gives us numbers on the voting.

"When Will U.S. Interest Rates Rise?" The Market Oracle. N.p., n.d. Web. 01 Feb. 2014.
The Market Oracle is a reliable website for viewing various analyses on generic world concepts, because they take interpretations from where they heard them and basically transform those ideas into drawn graphs and pictures for viewers to see. Their

interpretations are thus based not off of their own thoughts, but of previous analyses they found from various networks and sources all over the world. The Market Oracles webpage, When Will U.S. Interest Rates Rise? was mainly written to describe the growth of the inflation rates in the 1980s since that was the time in which the Federal Reserve experienced a lot of rough adjustments. We used the Market Oracles graphs for helping us describe how the Federal Reserve adjusted their system during the 1970s to the 1980s.

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