Federal Reserve Bank Scam Articles
“The Federal Reserve Bank (a private,"for profit"
cartel of banks) can spend trillions of dollars and we don’t
know where it goes. They have a bigger budget,
they spend more money than the Congress does, and yet we have no
oversight.
It was never intended that a secret body like this could create
money out of thin
air and spend it, take care of some banks and big business and
foreign banks
while the American people struggle.”
Congressman
Ron
Paul added.
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More Articles |
Washington’s Hegemonic Ambitions Are
Not in Sync With Its Faltering Economy
Paul
Craig Roberts
|
The Real News: Fiscal Cliff
An Artificial Crisis
VIDEO
|
What If We Adopted A System Where The Banks Did Not
Create Our Money? |
UNSUSTAINABLE
|
70 Reasons To Mourn
For America |
Will
Toledo, Ohio Be The First Major American City To Be
Owned By China? |
The Economic Collapse Is Not
A Single Event |
Inflation
Is A Tax And The Federal Reserve
Is Taxing
The Living Daylights Out Of Us |
USA
#1? 40 Embarrassing Things That America Is The Best In The World At |
Perpetual Debt Machine: U.S. National Debt Is 5000 Times
Larger Than
When The Federal Reserve Was Created |
55
Interesting Facts About
The
U.S. Economy In 2012
|
There Are
100 Million Working Age Americans That Do Not Have Jobs |
New Obama
Executive Order Pushes Us Closer To A North American
Union And A One
World Economic System |
Why New York Times
Economist Paul Krugman Is Partly Right But Mostly Wrong |
Empires Then and Now |
Everything Is Going To Be
Alright? |
16 Trillion
Dollar Bailout The Federal Reserve Handed To The Too Big
To Fail Banks |
The U.S.
Government Still Has The PowerTo Issue
Debt-Free Money
|
20 Things We
Can Learn about
Future
of
US from
Detroit
|
The
Financial Crisis Of 2008 Was Just A Warm Up Act For The
Economic Horror Show
That Is Coming |
2011 - Year of the
Dupe |
The Western/Israeli
War Against Iran Is A Distraction From The Global
Financial And
Political Crisis |
Engineering the Eurozone Collapse
F. William Engdahl
|
20
Economic Statistics To Use To Wake Sheeple Up From Their
Entertainment-Induced Comas |
Digging Deeper Into Who Controls The World
|
A
Warning Sign For The World |
The
Top 100 Statistics About The Collapse Of The Economy
|
The Future
For Most Americans: Pathetic Jobs, Bad Debts And A
Crappy Economy |
19 Reasons
Why The Federal Reserve Is At The Heart Of Our Economic Problems |
The
Looting Of America by the Federal Reserve Bank |
Bill Black and Banker Fraud
|
When Will The Government Quit Putting
Out Fraudulent Employment Statistics?
|
20 Signs
That Europe Is Plunging Into A Full-Blown Economic
Depression |
The Worst
In The World – The U.S. Balance Of Trade Is Mind-Blowingly
Bad |
Warning
Signs That We Should
Prepare
For The Worst
|
Kill
Democracy Before It Kills Us |
Shocking Charts And Statistics That Prove That America
Is No Longer A
Wealthy Nation |
50
Economic Numbers From 2011 That Are Almost Too Crazy To
Believe |
Getting
Worse: 40 Undeniable Pieces Of Evidence That Show That
America Is In Decline |
Unrelenting
Global Economic Crisis: A Doomsday View of 2012 |
Beware the Coming Bailouts of Europe |
The Roads To
War And Economic Collapse |
35 Facts
About The Gutting Of America’s Industrial Might That
Should Make You Very
Angry |
15
Trillion Dollars In Debt, 45 Million Americans On Food
Stamps And Zero Solutions On The Horizon
|
Occupy Wall
Street: Mass Economic Riots Are Now Here
|
Will the US
collapse in economic chaos before it rules the world?
|
The
Coming Derivatives Crisis That Could Destroy The Entire
Global Financial System
|
Looting of America by the FED
|
America Is
Rotting While China Is Rising
|
Occupy Wall
Street: Mass Economic Riots Are Now Here
|
Corporate-financier dominated Western media attempts in
vain to wish-away
"Occupy the
Fed" protests
|
It's Wall
Street, Not the Poor Who Are Sucking the Treasury Dry
|
The Political
Theater and the Debt Ceiling Crisis: Are We Being Had?
|
25 Reasons To Absolutely
Despise Central Bankers And Their Minions
|
The Moral Hazard
of Modern Banking: How Banks Create and Destroy Money |
The Federal Reserve Bank Scam
|
Celebrating
Independence Yet Enslaved To Debt |
Chance Didn't
Create The Current Economic Crisis |
10
Indications The United States Is A Dictatorship |
Wikileaks
Discloses The Reason(s) Behind China’s Shadow Gold
Buying Spree
|
“Labor Day”
Should Be Renamed “Corporation Day” or “War Day”
|
Giant Sucking Sound
Part 2? The NAFTA Of The Pacific
|
21
Signs That New Reality For Many Baby Boomers Will Be To
Work
As
Wage Slaves Until They Drop Dead
|
This Is What A
Collapsing Ponzi Scheme Looks Like |
I Stole 3.5
Trillion Dollars From You. I Dare You To Do Something.
|
Super Congress: A Financial Death Panel That Will Help
The Banks Loot & Rape America
|
The Standard
and Poor’s (S&P) Debt Downgrade: What It Means
|
The Debt
Ceiling Deal From Hell
|
The
Collapse: Celente Predicted it would happen. It’s
happening!
He dismissed the assurances of world leaders that
policies were in place to mitigate the escalating
European and US debt crises. He discounted “media
experts” promoting an imaginary recovery or debating the
prospects of a double-dip recession.
|
The Federal Reserve
ADMITS that Its 12 Banks Are PRIVATE
Not Government –
Entities
Much of the tens of trillions in bailout money and “easy” money
from quantitative easing went to foreign banks Indeed, Ron Paul
noted recently that one-third of all fed bailout loans – and
essentially 100% of loans from the New York Fed – went to
foreign banks.
|
Globalist
Imperial Network As Explained by a Globalist
The mechanics of world empire, in particular the current
corporate-financier oligarchy has been examined in great detail.
The US State Department, supporting NGOs funded directly by both
US taxpayers' money as well as funds from the Fortune 500
corporations they serve, alone constitute a global spanning,
incessantly meddling homogeneous network working to undermine
both personal and national sovereignty while replacing national
governments around the world.
|
A Banking Model
That Works In The Badlands
But North Dakota’s GNP has grown 56%, personal income has grown
43%, and wages have grown 34%. The state not only has no funding
issues, but this year it actually has a budget surplus of $1.2
billion, the largest it has ever had.
|
10 Reasons Why The “Economic Recovery” Is a Fraud
|
The IMF: Now
What?
|
A Modern
Declaration of Independence
|
50 Things Every American Should
Know About The Collapse Of The Economy
|
Solution to
States' Bankruptcy-State Owned Bank
|
REVIVE
LINCOLN’S MONETARY POLICY: Government Prints Money
|
How We Lost our
Economy, the Constitution and our Civil Liberties
This essay is about three recent books that explain how
we lost our economy, the Constitution and our civil
liberties, and how peace lost out to war. |
Brzezinski’s Feared “Global Awakening” Has Arrived
Zbigniew Brzezinski’s much feared “global political
awakening” is in full swing. Revolts in Egypt, Yemen,
Tunisia and other countries represent a truly monumental
worldwide rallying cry for freedom that threatens to
immeasurably damage the agenda for one world government,
but only if the successful revolutionaries can prevent
themselves from being co-opted by a paranoid and
desperate global elite. |
QE2 Is
a Total Failure and Bernanke Is Delusional About
Inflation
The discontent and seeds of rebellion existed for a long
time in Egypt as it has in many other countries. The
major powers of the world were content with Mr. Mubarak,
especially the US, which gave him $60 billion over 30
years and allowed him to move $70 billion over that
period into secret bank accounts in England, Switzerland
and Europe, while Egyptians lived on the edge of
starvation over that time frame. |
10 Things
That Would Be Different If The Federal Reserve Had Never
Been Created
The vast majority of Americans, including many of those
who believe that they are "educated" about the Federal
Reserve, do not really understand how the Federal
Reserve really makes money for the international banking
elite. |
The Age Of
Rage: Europe Is Exploding
Riots are sweeping Europe and the age of rage continues
to intensify as the financial terrorists who caused the
economic collapse now meter out the punishment for their
own wrongdoing. Britain, Italy, Russia, and Greece are
all gripped with unrest as 2011 shapes up to be the year
of civil disobedience. |
How an Obscure
Outfit Called MERS Is Vehicle for Mortgage Fraud
MERS was a tool used by
America's top financial institutions to pump
up the real estate market. |
40 Bizarre
Statistics That Reveal The Horrifying Truth About The
Collapse Of The U.S. Economy
The U.S. government, state governments, local
governments, businesses and American consumers have
collectively piled up debt that is equivalent to
approximately 360 percent of GDP. At no point during the
Great Depression (or at any other time during our
history) did we ever come close to such a figure. We
have piled up the biggest mountain of debt that the
world has ever seen, and now that gigantic debt bubble
is beginning to pop. As this house of cards comes
crashing down, the economic pain is going to become
almost unimaginable. |
The Death Of Cash?
All Over The World Governments Are Banning Large Cash
Transactions
All over the world, governments are either placing
stringent reporting requirements on large cash
transactions or they are banning them altogether. We are
being told that such measures are needed to battle
illegal drug traffic, to catch tax evaders and to fight
the war on terror. But are we rapidly getting to the
point where we will have no financial privacy left
whatsoever? |
Investment
Banker: It’s Going To Get Nasty – Buy Land, Barbed Wire
And Guns
A top investment banker has warned that the economic
fallout of the sovereign debt crisis could get so nasty
over the next five years that people would be wise to
abandon the markets and instead buy land, barbed wire
and guns. |
Edmund de Rothschild and Global Warming
After Edmund de Rothschild's statement, without basis,
at the 4th World Wilderness Congress in 1987, that CO2
is the cause of a non-existent global warming - and that
combating it needs money (our money), he founded the
World Conservation Bank for this reason. |
NESARA - History -
True Story
With all their power and money the bankers thought
themselves to be above
the law, but cracks were now appearing in their
foundations. Angry
Americans were beginning to fight back. A class action
lawsuit was
brewing which would threaten to change the balance of
power. |
BP Beyond
Prosecution?
British Petroleum ought not to be 'Beyond Prosecution'
and yet that appears to be exactly what the 'BP' stands
for. |
Senate Votes 96-0 For One Time Audit Of Federal Reserve
The Baffling Concept of a One-Time Audit
The amended version of Audit the Fed passed the Senate
96 to 0 today. A version that was closer to the original
— that is to say, it would’ve created a regular audit
rather than a one-time audit — lost, 37 to 62. I’m a bit
confused by a world in which 96 senators think we need
to know what the Fed did in 2008 and 2009 but only 37
think we’ll need to know what the Fed did in 2012 and
2013. |
The Second Great Gold Rush: Even If You’re Broke and
Bankrupt, Buy Gold!
By William Dean A. Garner
Gold and silver prices are being manipulated by the
House of Rothschild, a dynastic group of men who loathe
you and want all your money, even if it drives you to
bankruptcy. Or suicide. They’ve been doing this for more
than 200 years, printing fiat money out of thin air and
selling precious metals,[1] [2] only to cry shortage and
then offer you deflationary cash for your gold or silver
purchase. They’re the best at this con game and they’ve
got it down just right. |
Bankers Prepare To Assault Americans With VAT,
Transaction Taxes
The global banking elite are preparing to assault
Americans with two huge new tax increases as President
Obama contradicts the assurances of White House aides
and his own campaign trail promise by asserting that a
VAT tax is still on the table, as the IMF outlines a new
tax on financial transactions that is being hailed as a
blow to the banks yet represents another stealth tax on
the people. |
The U.S. Personal
Income Tax: It Goes to The Family Rothschild
The U.S. income tax was a long sought-after tax the Rothschilds
had attempted to bring on since the late 1770s, but it was
strongly resisted by Thomas Jefferson, Ben Franklin, James
Madison and John Adams, among other less-known (to contemporary
audiences) American Patriots. |
Economic Armageddon
If you thought Wall Street’s debt crisis was traumatic, wait
till you the see the consequences of Washington’s debt crisis!
Never before in history has a world power like the U.S. been so
utterly buried in debt! And never before has that debt been
financed so massively by foreign investors! |
Congressman
Lindbergh: Articles of Impeachment Against Federal Reserve
This Act establishes the most gigantic trust on earth. When the
President signs this Act the invisible government by the Money
Power, proven to exist by the Money Trust Investigation, will be
legalized. The new law will create inflation whenever the trusts
want inflation. From now on depressions will be scientifically
created.” – Congressman Charles A. Lindbergh, Sr., 1913, on the
Federal Reserve Act Charles Lindbergh Sr. – Congressional record
– Feb 12, 1917 |
Who are the Ashkenazis: The Media Trend of Omitting
Motive for 1993 & 9/11 Attacks
Remember, the only persons arrested on 9/11 were a
surveillance team comprised of five Mossad agents posing
as a moving company (the dancing Israelis) and had
set-up to film the destruction of the towers prior to
the attacks from their van, whereupon returning to
Israel several of the detainees discussed their
experience in America on an Israeli talk show after
being expelled from the US. |
The
History of the House of Rothschild
You will find that approximately 90% of people in the
world today who call themselves Jews are actually
Khazars, or as they like to be known, Ashkenazi Jews.
These people knowingly lie to the world with their
claims that the land of Israel is theirs by birthright,
when in actual fact their real homeland is over 800
miles away in Georgia. |
History of Rothschilds and Central Banks
1913: The Rothschilds set up the Anti Defamation
League (ADL) in the United States designed to brand as,
“antiSemitic,” anyone who questions or challenges the
Global Elite. Strangely enough, the same year that they
do this they also set up their last and current central
bank in America, the Federal Reserve |
The Big Lie and the
Paradigms of Deceit
If you tell a lie big enough and keep repeating it,
people will eventually come to believe it. The lie can
be maintained only for such time as the State can shield
the people from the political, economic and/or military
consequences of the lie. |
Will
Corporatism Destroy Democracy in America?
In a day when special interests already hold our
democracy by the throat, the court has helped them
tighten their grip...The hypocrisy here is striking. And
the impact of this ruling is frightening. |
THE REAL REASON
CANNABIS HAS BEEN OUTLAWED
Marijuana is very much a danger to the oil companies,
alcohol, tobacco industries and a large number of
chemical corporations. Various big businesses, with
plenty of dollars and influence, have suppressed the
truth from the people. |
Bloomberg: Maybe A Secret Banking Cabal Does Run The
World After All
In another measure of how what the establishment labels
“conspiracy theory” is quickly becoming mainstream,
Bloomberg News carries a story today acknowledging that
those derided as “crazy” for warning that the world is
run by a secret banking cabal have largely been proven
right in light of the AIG cover-up. |
Second Leg of Mortgage Defaults |
Propping Up the Credit
Market |
Economist:
Health Care Bill “Is Just Another Bailout Of The
Financial System”
Here’s the opportunity, Wall Street’s newest and bestest
gamble: there is a huge untapped market of some 50
million people who are not paying insurance premiums—and
the number grows every year because employers drop
coverage and people can’t afford premiums. Solution?
Health insurance “reform” that requires everyone to turn
over their pay to Wall Street. |
Are Americans a Broken People?
Why We’ve Stopped Fighting Back Against the Forces
of
Oppression
A psychologist asks: Have consumerism, suburbanization
and a malevolent corporate-government partnership so
beaten us down that we no longer have the will to save
ourselves?
Can people become so broken that truths of how they are
being screwed do not “set them free” but instead further
demoralize them? Has such a demoralization happened in
the United States? |
Controlling The
Minds Of The Masses: How It Is Done And Why
“Mind Control” is a loaded term, often associated with
science fiction and the fantastical by people who are
not aware of its very real history. Images of Orwell’s
“1984” or Aldous Huxley’s “Brave New World” are
conjured; dystopic nightmare landscapes assumed only
possible in pulp literature. What many people do not
know or realize is that these books were based on actual
ideas and theories that had been put forward by social
and scientific elites for decades, and in some cases,
centuries. |
Wake Up America-Current
State of Affairs in a Nutshell
The United States was founded as a Constitutional
Republic based on liberty and the unalienable rights of
the individual; and where the government exercised it’s
limited power and authority with the consent of “We the
people”. But slowly, over the course of the past 100
years, “invisible” forces have turned us into a
socialist “Democracy” where government is the Ultimate
power and authority; where every action of our lives is
legislated and restricted, and where Rights are becoming
nonexistent. |
How Wall Street
Bought Barney Frank
Since becoming the ranking Democrat on the House
Financial Services Committee seven years ago, he has
built a formidable Wall Street donor base, even by
Washington’s standards; as the housing bubble grew, so
too did his fundraising purse and his stature, in
Congress and beyond. |
'Global' thinking
won't necessarily solve the world's problems
2009 was the year in which "global" swept the rest of
the political lexicon into obscurity. |
Taibbi:
Obama’s sellout to Wall Street creates ‘permanent
bailout’
If passed as it is, the financial reform bill winding
its way through Congress will create a “permanent
bailout mechanism,” and will give complete control over
future bailouts to the White House, says columnist Matt
Taibbi.
In a video preview of an upcoming Rolling Stone article,
Taibbi explained how the Obama administration started
selling out to Wall Street interests almost as soon as
the 2008 election was over. |
Abolish The Fed
And Return Money Creation Power To Congress
In her extraordinary book, "Web of Debt," financial
writer Ellen Brown tells "the shocking truth about our
money system, (how it) trapped us in debt, and how we
can break free." She quotes banker/developer Reed
Simpson saying:
"Credible evidence (reveals) a world (banking) power
elite intent on gaining absolute control over the planet
and its natural resources, including its subservient
human (ones)." It's the Bilderberg Group classless
society idea of rulers, serfs, and no middle class by
controlling the world's money. What Baron MA Rothschild
(1818 - 1874) meant by saying:
"Give me control over a nation's currency and I care not
who makes its laws." Today it applies globally. |
Financial Crisis
Perpetrator Bernanke Hailed As World’s Saviour By TIME
Federal Reserve chairman Ben Bernanke has been named
TIME person of the year for 2009 and hailed as a saviour
when in the real world he has overseen the worsening of
the financial crisis, the looting of the American
economy by foreign offshore banks and the destruction of
the Dollar. |
Audit the Fed:
Bernanke and the Bankers Are Running Scared
These measures are very much out of step with the global
consensus on the appropriate role of central banks, and
they would seriously impair the prospects for economic
and financial stability in the United States,” Bernanke
wrote in the CIA’s favorite newspaper, The Washington
Post
Maybe Bernanke is worried he will be obliged to wear an
orange jumpsuit in the wake of an audit. |
America: An Evil Empire Ruled by Corporations and Powerful
Interest Groups
By Paul Craig Roberts
The US government is now so totally under the thumbs of
organized interest groups that “our” government can no
longer respond to the concerns of the American people
who elect the president and the members of the House and
Senate. |
US monetary
system: Robber Baron-era design makes US debt peons
forever
This debt-based monetary system was institutionalized
through the Robber-Baron Federal Reserve in 1913. It
takes the money-creation power of the US and transfers
it to banks, that then create money as debt and lend it
to us. Because the government gave away this power, they
have to borrow their own money. |
The Spectacular, Sudden Crash
of the Global Economy
|
The Real Reasons
Behind Fed Secrecy
An audit would expose the Fed as a massive fraud
perpetrated on this country, enriching a privileged few
bankers at the top of our economic food chain, and
leaving the rest of us with massively devalued dollars
which we are forced to use by law. An audit would make
people realize that, while Bernie Madoff defrauded a lot
of investors for a lot of money, the Fed has defrauded
every one of us by destroying the value of our money. |
FAKE TERROR -THE ROAD TO
WAR AND DICTATORSHIP
It's the oldest trick in the book, dating back to Roman
times; creating the enemies you need. |
The Record of
the Federal Reserve
After the Fed's creation, from 1913 to 2008 (95 years),
the value of the dollar, relative to the Consumer Price
Index, decreased by 95%. A dollar could buy 95% fewer
goods in 2008 than in 1913. |
Top 10
Americans for monetary reform: #3: President Andrew
Jackson
The financial crisis in America today could be over
almost instantaneously through monetary reform. Monetary
reform is a fundamental shift in how America creates
money. The shift is from a Robber Baron-era design of
banks creating credit to lend to us at interest and
ever-increasing debt, to our community (government)
creating it for the direct payment of public goods and
services. The benefits of monetary reform are
conservatively $1 TRILLION every year, the end of the
national debt, and full employment. |
Economic Destruction of America May Be Step
One of A Global Banking Power Grab
Imagine an international Federal Reserve that creates and controls
the money supply for the entire world. The centralization of financial
power into the hands of the few would be unprecedented. What power
the Fed wields over the United States today, a "global Fed" could
soon wield across the entire world.
Achieving such a power grab, however, is no small task. Nations
will not voluntarily surrender power over their currencies...Unless
there is a crisis!
|
When The Federal
Government Fails The People
The real lesson of American history is that things have turned so
ugly that electing a new president and many new members of Congress
will at best provide band-aids when what is needed is nothing less
than what Thomas Jefferson wisely said our nation would need periodically:
a political revolution.
|
Federal Reserve Bank Is
Buying America
No worries. The Fed will buy $300 billion worth of US government
debt and an additional $750 billion of mortgage-backed securities
issued by the government-sponsored enterprises Fannie Mae, Freddie
Mac and Ginnie Mae, for a total of $1.25 trillion. Concerns about
a potential lack of investor interest in buying US debt were baseless
because the Fed will now create money out of thin air to buy it.
Oh, and as an aside, the US taxpayers get to pay the Fed interest
on the money that it creates. |
World Prepares
to Dump the Dollar
What do China, India, Brazil, Russia, France and Germany
have in common? These countries most often can’t agree
on anything. But they are united in one strange—and
ominous—way. They blame the United States for wrecking
the global economy. And they think the dollar is the
wrecking ball. |
Easily Understood
Explanation of Current Banking Crisis
<<<<<<<<Watch Video
Today's banking crisis is the THIRD trillion dollar plus
US-caused financial meltdown in the last twenty years.
Each one of these crises came into being through the same basic
mechanism...the fraudulent over-valuing of financial assets by Wall
Street - with a "wink and a nod" (and sometimes a lot more) from
the White House and Congress.
The fraudulently valued assets stimulate the economy, impart the
illusion of health and then, inevitably, the fraud goes too far
and the whole house of card comes painfully crashing back to earth.
|
The Big Takeover
People are pissed off about this financial crisis, and about this
bailout, but they’re not pissed off enough. The reality is that
the worldwide economic meltdown and the bailout that followed were
together a kind of revolution, a coup d’état. They cemented and
formalized a political trend that has been snowballing for decades:
the gradual takeover of the government by a small class of connected
insiders, who used money to control elections, buy influence and
systematically weaken financial regulations. |
The Federal
Reserve Owners
TIME LINE OF THE ROTHSCHILDS-OWNED FEDERAL RESERVE BANK
1791-1811: Rothschilds’ First Bank of the United States.
1816-1836: Rothschilds’ Second Bank of the United
States.
1837-1862: Free Banking Era – no formal Central Bank
through the efforts of President Andrew Jackson.
1862-1913: System of National Banks through the efforts
of President Andrew Jackson.
1913-Current: Federal Reserve Act effects a consortium
of privately held Jewish & associated banks called the
Federal Reserve Bank. The largest shareholders of the
Federal Reserve Bank are the Rothschilds of London
holding 57% of the stock which is not available for
public trading.
|
The
American Empire Is Bankrupt
This week marks the end of the dollar’s reign as the
world’s reserve currency. It marks the start of a
terrible period of economic and political decline in the
United States. And it signals the last gasp of the
American imperium. That’s over. It is not coming back.
And what is to come will be very, very painful. |
Liquidity is
Gone in Stock Market
Liquidity - it means having an ample supply of ready
buyers so that when you bring whatever it is you have to
market, there are people with money who are ready,
willing and able to buy what you have to sell.
When you invest in stocks, you are entirely dependent on
liquidity. If liquidity dries up there is literally no
one to buy your shares. Without buyers, prices plummet
and only stop when they hit values so low they are
"ridiculous."
The big question
Is is really possible that the trillions given to "the
banks" is what's being used to create the illusion of a
liquid, rising stock market that's "bouncing back?" |
The Housing Bubble,
Bailout, Good Jobs and Goodfellas
The rush to bail out Wall Street is tragic. It’s as if the sun wouldn’t
rise tomorrow unless Congress acted immediately. Every two-bit con
artist uses the spiel, “If you don’t buy now, it’ll be too late.
Going! Going! G-o-n-e!”
_______________________ |
Bail-out Bill Cements
FED Take-Over of US Economy
You are being asked to pass a $700 billion “bailout” or “rescue”
package and are told by your leadership that it is “necessary” to
prevent a catastrophe in the financial markets and, by extension,
on Main Street.
|
The Bailout Will Kill
the Dollar
What nobody in the corporate media is mentioning amid all the blather
about the $700-billion Paulson bailout proposal is the impact it
will have on the US dollar.
|
President Obama:
Nationalize the Fed and Create Our Own Money
Here are some shocking little-known facts from the sources here
reviewed:
The Federal Reserve Bank is a private institution owned and controlled
by private banks. It is a private bank that enriches its private
owners.
The US Mint does not create our money. It creates about 3% of it
in the form of dollar bills and coins. The rest is generated through
computerized bookkeeping entries by the private banks.
Banks do not make loans only from money they have on deposit… Through
what is called “fractional reserve banking,” They loan well over
ten times the amount they have on deposit. This is how our money
is created. It is created out of thin air.
All debt of the US, all corporate debt, and all individual debt
are owed to private banks.
All money is debt.
Over 20% of our taxes are used just to pay the interest on our government
debt |
|
Geithner Readies Latest Bankster Debt Slavery Plan
It is reasoned that since the banks will not
(cannot) lend to borrowers, the Fed has to step in and dole out
loans, thus cranking the money supply up through the
stratosphere.
Of course, this will simply add to the astronomical debt already
piled up by the private bankers. The entire money supply
consists of debt owed to the international bankers. I am
reminded of something Sir Josiah Smith, director of the Bank of
England, said in 1927: “…if you want to continue to be the
slaves of bankers and pay the cost of your own slavery, then let
bankers continue to create money and control credit.” |
Why Were Lincoln and Kennedy
Assassinated
Both Abraham Lincoln and Kennedy were
assassinated while they held the high office of President of the
United States. Both of these former presidents had also created
their own money system to run the United States while they were
in office. Is this just a coincidence? |
LINCOLN, KENNEDY, AND OBAMA
Kennedy issued $4,292,893,825 of cash money;
free of debt and free of interest. It was a sufficient amount to
allow the nation to operate without the private Federal Reserve.
Just 5 months later, JFK was shot by the "crazed lone nut" Lee
Harvey Oswald. Almost immediately after Kennedy's death, the US
Notes were pulled out of circulation and destroyed except for
samples in the hands of collectors. |
Who Killed Abraham Lincoln?
Lincoln issued his famous greenbacks to fund the Civil War
without enslaving the American people to the 30% interest
demanded by the bankers. Lincoln refused to plunge the people of
the nation into a debt they could never pay back, and issued his
own currency instead. |
The Other Reason for American
Revolution
In 1764, the Bank of England used its influence
on Parliament to get a Currency Act passed that made it illegal
for any of the colonies to print their own money. The colonists
were forced to pay all future taxes to Britain in silver or
gold. Anyone lacking in those precious metals had to borrow them
at interest from the banks. |
Deeper in debt
Predatory lending in America
It wasn't an accident
Click on Title Above to Watch Videos
Guess who the biggest campaign contributor to George W.
Bush is?
MBNA, a big credit card company.
MBNA wrote the legislation that radically changed the bankruptcy
laws in the US.
Predatory lending, which used to be the province of criminal
loan sharks, is now the norm in the lending industry in the US.
|
Steps to Tyrant Endgame
“We shall have World Government, whether or not
we like it. The only question is whether World Government will
be achieved by conquest or consent.” – James Paul Warburg [Feb.
1950], son of Federal Reserve founder Paul Moritz Warburg1
Step 1: 1913, Create Federal Reserve Bank to Control US
Economy/Foreign Policy
|
Notable Quotes about FED
and Media
"The American people have never picked a president, and never
will." – President Harry Truman
_________________________ |
Myths and Facts about
the Financial Crisis
The conservative spin machine went into overdrive after the
financial crisis exploded their claim that unregulated markets
always work best. Here’s a guide to the most widely spun myth
|
Total Bailout Cost
Heads Towards $5 TRILLION
The total potential cost of the financial bailout to the U.S.
taxpayer is already rapidly approaching $5 trillion, over seven
times as much as the meaningless $700 billion bailout bill
figure.
|
Financial Meltdown 101
From 1982 to 2000, the U.S. stock market went on the longest
bull run ever, as share prices rose to dizzying heights. In the
late 1990s, a combination of factors, which included the Federal
Reserve lowering interest rates, created a huge price bubble in
Internet stocks.
|
Rogers: Global Bankers
Have Unleashed Inflationary Holocaust
Legendary investor Jim Rogers warned during a CNBC interview
this morning that global central banks are creating the
environment for an inflationary holocaust by their ceaseless
overprinting of currency, a measure that isn’t even successful
in stabilizing the stock market.
|
Populists Back Ron
Paul’s Plan To Kill the Fed
The trillion-dollar Wall Street bailout plan negotiated by the
White House and Congress has reinvigorated the debate about
Texas Republican Rep. Ron Paul’s Federal Reserve Board Abolition
Act (HR 2755), which was introduced into Congress in June 2007.
|
Creation Of
The Second Great Depression
By Ron Paul
Whenever a Great Bipartisan Consensus is announced, and a
compliant media assures everyone that the wondrous actions of
our wise leaders are being taken for our own good, you can know
with absolute certainty that disaster is about to strike.
|
|
Merchants of Misery
Oil Companies and
the World Bank
As this two part video shows, World Banks loans come with
"conditions."
Not only that, but they seem to be designed not to strengthen
the borrowing countries, but to make it easier to extract - you
guessed it - oil and other resources from these countries. |
Leading Democrats: Congress, Senate Owned
And Run By
Bankers
According to the Center for Responsive Politics
[5], Barack Obama received $69,823,872 in contributions from the
banking industry, while John McCain got $60,605,254, with the
total between the two exceeding $130 million.
This makes the banks the biggest donor to the presidential
campaigns by a clear $35 million, second only to lobbyists and
lawyers. Feel the democracy in action.
The banks have literally bought the House of Representatives. |
Geithner To Take Orders From Global Elite
At Bilderberg
According to a London Times report, U.S. Treasury
Secretary Timothy Geithner will probably be in attendance at
this week’s Bilderberg Group meeting, as top globalists meet to
plot the financial future of the planet behind closed doors.
The Times article notes [2] that “US Treasury Secretary Tim
Geithner’s public schedule is mysteriously empty for the next
two days,” speculating that he will be in Vouliagmeni, Greece
for the annual elitist confab, following in the footsteps of
Federal Reserve Chairman Ben Bernanke, who attended last year’s
conference in Washington DC just months before the collapse of
Lehman Brothers and the start of the economic crisis.
Geithner, who has overseen Obama’s bailout agenda since taking
over from Hank Paulson, is the perfect stooge to implement the
global financial regulatory systems that elitists have called
for in the aftermath of the financial downturn. |
Leaked Agenda: Bilderberg Group Plans
Economic
Depression
Elitists divided on whether to quickly sink
economy and replace it with new world order, or set in motion
long, agonizing depression
On the eve of the 2009 Bilderberg Group conference, which is due
to be held at the 5-star Nafsika Astir Palace Hotel in
Vouliagmeni, Greece, investigative reporter Daniel Estulin has
uncovered shocking details of what the elitists plan to do with
the economy over the course of the next year. |
G-20 Shapes New World Order
With Lesser Role for U.S., Markets
Global leaders took their biggest steps yet toward a new world
order that’s less U.S.-centric with a more heavily regulated
financial industry and a greater role for international
institutions and emerging markets.
Why: Because the Federal Reserve Bank has taken most of the
value of the US Dollar for itself and now it's onto the rest of
the world's currencies.
|
China Hates Us -- How Much Longer Will
They Back Our Debt-Ridden Economy?
"If the Chinese don't have confidence in our economy," economist
Danny Schechter concludes, "there is going to be hell to pay.
The situation is extremely unstable; as the U.S. economy
contracts, growing doubts about our ability to manage it
rightfully arise. As the situation unravels, and it's going to
unravel more, deeper nationalism will come into play.
"Right now, we sort of need each other, but the dollar is in
trouble. The Federal Reserve is basically just printing money.
But the only thing that backs the currency is faith in the U.S.,
and when that faith evaporates, look out." |
Reason for the
American Revolution:
To Gain Freedom from Serfdom to the BANK
OF ENGLAND, unfortunately, the Rothschild/Rockefeller system was
imposed in
1913 by the passage of the Federal Reserve Act
_______________________ |
Economic Rescue Plan: More Debt, More
Dollar Devaluation And More Government
Treasury Secretary Timothy Geithner’s so called economic rescue
plan, announced yesterday, has a three pronged approach to the
financial crisis - more debt, more devaluation of the dollar and
more government.
________________________________________________________________________________ |
$2 Trillion Handed
out by Paulson and Bernanke, But Who Got It, Nobody Knows
In the past couple of months Bernanke has loaned out $2 trillion
to unnamed companies under eleven different programs and all but
three of them were slapped together in the past fifteen months
of financial crisis.
______________________________________________________________________________ |
64 Days And 1.485 Trillion Dollars
From July 28th to Oct 4th 2008 the Congress and the Senate
raised the US debt ceiling limit from $9.815 trillion to $11.3
trillion. That is a staggeringly bone crushing 1.485 trillion
dollars of new debt in just 64 days.
______________________________________________________________________________ |
Wall Street's
Bailout is a Trillion-Dollar Crime Scene -- Dems Do Nothing
The more details emerge, the clearer it becomes that
Washington's handling of the Wall Street bailout is not merely
incompetent. It is borderline criminal
______________________________________________________________________________ |
Banking Bailout
Secrets-Key, Verifiable Information Reveal Secrets of the
Bankers
Though Federal Reserve Board members are appointed by the U.S.
President and confirmed by the Senate, the Federal Reserve is a
privately owned institution controlled mainly by large private
banks.
________________________________________________________________________________ |
Wall Street Hustlers Built
a $100 Trillion House of Cards and Stuck You with the Fallout
The ultimate responsibility for that lies with the investment
bankers who cooked up exotic new ways to make risky investments
look more secure than they actually were (I wrote about it
recently here).
______________________________________________________________________________ |
The Dirty Secret of the
Financial Crisis: Our Banking System's Broken
Here is the ugly, unofficial truth that neither Wall Street nor
the government will acknowledge: the pinnacle of the US
financial system is broke -- with perhaps $2 trillion in rotten
financial assets on the books.
____________________________________________________________________________ |
Taking Down The FED
With RICO
Under RICO we can sue the Federal Reserve for its failure to
protect taxpayers from the ongoing and persistent corruption at
the Treasury Department, at the Department of Defense, HUD and
numerous agencies which has plagued us under both Republican and
Democratic administrations with the aid and knowledge of their
political partners in Congress and the Senate under the
“watchful eye” of the bought and paid for media.
___________________________________________________________________________ |
The Economist:
U.S. In Depression, Not Recession
Renowned financial publication The
Economist reports that, based on the characteristics of the
current financial crisis, the U.S. is in a depression, not a
recession.
_______________________________________________________________________________ |
Financial Meltdown
101
In 1996, the Fed allows regular banks to become heavily involved
in investment banking, which opens the door to conflicts of
interest in banks pushing sketchy financial products on
customers who poorly understood the risks.
______________________________________________________________________________ |
|
As Rates Race to Zero,
Printing Presses Gear Up
When the Federal Reserve policymakers decide on interest rates
Tuesday, investors will probably look one step beyond their
decision, to gauge how much money will the Fed be willing to
print once it is out of rate ammunition.
______________________________________________________________________________ |
|
Banksters Refuse to
Honor Bloomberg FOIA Request
As [2] Bloomberg reports today, the Federal Reserve has refused
“to disclose the recipients of more than $2 trillion of
emergency loans from U.S.
______________________________________________________________________________ |
|
Regional Fed Chiefs:
Elite Insiders Have “Usurped Authority”
The Fed can nationalize any company or industry and use taxpayer
money for whatever purpose is deemed necessary, without any
oversight. The policy is also unreviewable by any court, it will
remain in perpetuity.
_______________________________________________________________________________ |
Ron Paul Warns
Of Secret Plans To Create International Central Bank
Texas Congressman Ron Paul has warned that international forces
are planning the creation of a global central bank that will see
a new fiat monetary system come to dominate the world economy.
_________________________________________________________________________ |
From The “Panic” Of
2008 To The “Collapse” Of 2009
The country’s top trends forecaster, who accurately predicted
the “panic” of 2008 nearly a year before it unfolded, is now
ominously suggesting that next year will come to be known as
“the collapse of 2009″.
________________________________________________________________________ |
How Obama Can Bring Down Federal Reserve Bank
Webmaster's Opinion
Note that all four presidents who tried to end the banking
monopolies were assassinated (Lincoln, Garfield, McKinley,
Kennedy) and anyone who tries to expose these Banking Dynasties
is demonized like Rep. Congressman James Traficant in 1993 and
many others.
____________________________________________________________________________ |
|
Federal Reserve Bank is
Destroying America
The Federal Reserve was created in 1913-1914 in
order to bring stability to the economy and yet almost every
major crash, including the great depression, can be attributed
to the Federal Reserve.Why do they lie about their structure as
a private corporation and what is the Federal Reserve and who
owns it
____________________________________________________________________ |
Steps to Tyrant Endgame: One World
Dictatorship
“We shall have World Government, whether or not
we like it. The only question is whether World Government will
be achieved by conquest or consent.”
– James Paul Warburg, son of Federal Reserve founder Paul Moritz
Warburg
Step 1: 1913, Create Federal Reserve Bank to Control US
Economy/Foreign Policy
______________________________________________________________________ |
Everything Still Looks the Same, But
We've Become a New Country
The attempted re-start of revolving debt consumerism is an
exercise in futility. We've reached the limit of being able to
create additional debt at any level without causing further
damage, additional distortions, and new perversities of economy
(and of society, too).
______________________________________________________________________ |
Cheney: No One Could Have Predicted The
Financial Crisis, Just As No One
Foresaw 9/11
Yesterday in an interview with the Associated Press’s Deb
Reichmann, Vice President Cheney repeatedly insisted that no one
anticipated the looming U.S. financial crisis. “I don’t think
anybody saw it coming,” he said.
______________________________________________________________________
|
Obama Can Pump Trillions in the Economy,
But No One Knows If It Will Work
We could go another way. We could sweep the
table clean of debt by allowing massive bankruptcy to proceed
for companies and individuals, a national liquidation.
____________________________________________________________________ |
The Economist: U.S. In
Depression, Not Recession
Renowned financial publication The Economist reports that, based
on the characteristics of the current financial crisis, the U.S.
is in a depression, not a recession.
___________________________________________________________________ |
Financial Meltdown 101
In 1996, the Fed allows regular banks to become heavily involved
in investment banking, which opens the door to conflicts of
interest in banks pushing sketchy financial products on
customers who poorly understood the risks.
_____________________________________________________________________ |
As Rates Race to Zero, Printing Presses
Gear Up
When the Federal Reserve policymakers decide on interest rates
Tuesday, investors will probably look one step beyond their
decision, to gauge how much money will the Fed be willing to
print once it is out of rate ammunition.
___________________________________________________________________ |
Banksters Refuse to Honor Bloomberg FOIA Request
As [2] Bloomberg reports today, the Federal Reserve has refused
“to disclose the recipients of more than $2 trillion of
emergency loans from U.S.
______________________________________________________________________ |
Regional Fed Chiefs: Elite Insiders
Have “Usurped Authority”
The Fed can nationalize any company or industry and use taxpayer
money for whatever purpose is deemed necessary, without any
oversight. The policy is also unreviewable by any court, it will
remain in perpetuity.
_____________________________________________________________________ |
From The “Panic” Of 2008 To The
“Collapse” Of 2009
The country’s top trends forecaster, who accurately predicted
the “panic” of 2008 nearly a year before it unfolded, is now
ominously suggesting that next year will come to be known as
“the collapse of 2009″.
______________________________________________________________________ |
End The Fed Rally Draws Thousands Around
the Country, Few Seem to Notice
You would think that a 39 city protest involving thousands of
people might warrant a national wire story, maybe a mention on
cable news, but no. Reporters don’t understand the issue and
therefore they ignore it.
_____________________________________________________________________ |
The Dirty Secret of the Financial
Crisis: Our Banking System's Broken
Here is the ugly, unofficial truth that neither Wall Street nor
the government will acknowledge: the pinnacle of the US
financial system is broke -- with perhaps $2 trillion in rotten
financial assets on the books.
____________________________________________________________________ |
$2 Trillion Handed out by Paulson
and Bernanke, But Who Got It, Nobody Knows
In the past couple of months Bernanke has loaned out $2 trillion
to unnamed companies under eleven different programs and all but
three of them were slapped together in the past fifteen months
of financial crisis.
_____________________________________________________________________ |
64 Days And 1.485 Trillion Dollars
From July 28th to Oct 4th 2008 the Congress and the Senate
raised the US debt ceiling limit from $9.815 trillion to $11.3
trillion. That is a staggeringly bone crushing 1.485 trillion
dollars of new debt in just 64 days.
_____________________________________________________________________ |
Notable Quotes about FED and Media
"The American people have never picked a president, and never
will." – President Harry Truman
______________________________________________________________________ |
Reason for the American Revolution:
To Gain Freedom from Serfdom to the BANK
OF ENGLAND, unfortunately, the Rothschild/Rockefeller system was
imposed in
1913 by the passage of the Federal Reserve Act
______________________________________________________________________ |
White House considers
ownership stakes in banks
The Bush administration is considering taking ownership stakes
in certain U.S. banks as an option for dealing with a severe
global credit crisis.
An administration official, who spoke on condition of anonymity
because no decision has been made, said the $700 billion rescue
package passed by Congress last week allows the Treasury
Department to inject fresh capital into financial institutions
and get ownership shares in return.
_____________________________________________________________________ |
World Tires of Rule by Dollar
“Overcoming the financial crisis” are code words for the rest of
the world’s intent to overthrow US financial hegemony.
_____________________________________________________________________ |
Four-Point Storm Warning Alert: Make
Preparations Now,
or Face Becoming A Pauper Overnight!
National bankruptcy and financial chaos are here. The
politicians are preparing a draconian emergency response which
will loot your assets and seriously undermine your freedom...
You need a plan. Yesterday.
______________________________________________________________________
|
Myths and Facts about the Financial
Crisis
The conservative spin machine went into overdrive after the
financial crisis exploded their claim that unregulated markets
always work best. Here’s a guide to the most widely spun myth
_____________________________________________________________________ |
Union Card or Master Card -- How a
Nation of Workers Became a Nation of Debtors
That debt is bondage is a profound moral truth. But it is an
important shaper of political and economic consciousness as
well. The more you are in debt, the less likely you are to rock
the boat.
____________________________________________________________________ |
Banking Bailout Secrets-Key,
Verifiable Information Reveal Secrets of the Bankers
Though Federal Reserve Board members are appointed by the U.S.
President and confirmed by the Senate, the Federal Reserve is a
privately owned institution controlled mainly by large private
banks.
_____________________________________________________________________ |
Wall Street Hustlers Built a $100
Trillion House of Cards and Stuck You with the Fallout
The ultimate responsibility for that lies with the investment
bankers who cooked up exotic new ways to make risky investments
look more secure than they actually were (I wrote about it
recently here).
_____________________________________________________________________ |
Additional Thoughts On The
Bailout
If the problem is the mortgages, why does the bailout leave the
mortgages unaddressed and focus instead on pouring vast amount
of public money into private financial institutions?
___________________________________________________________________ |
Total Bailout Cost Heads Towards
$5 TRILLION
The total potential cost of the financial bailout to the U.S.
taxpayer is already rapidly approaching $5 trillion, over seven
times as much as the meaningless $700 billion bailout bill
figure.
______________________________________________________________________ |
How
the markets really work (from 2007)
How did these comedians see it coming
when financial reporters did not?
____________________________________________________________________ |
The
Collapse of the US Dollar
Controlled Demolition by US
Gov't.
Federal Reserve Bank and Investment Bankers
_____________________________________________ |
Market Meltdown?
CNBC Interview of Cramer in August 2007
_____________________________________________ |
Financial Meltdown 101
From 1982 to 2000, the U.S. stock market went on the longest
bull run ever, as share prices rose to dizzying heights. In the
late 1990s, a combination of factors, which included the Federal
Reserve lowering interest rates, created a huge price bubble in
Internet stocks.
______________________________________________________________________ |
Rogers: Global Bankers Have Unleashed
Inflationary Holocaust
Legendary investor Jim Rogers warned during a CNBC interview
this morning that global central banks are creating the
environment for an inflationary holocaust by their ceaseless
overprinting of currency, a measure that isn’t even successful
in stabilizing the stock market.
______________________________________________________________________ |
Populists Back Ron Paul’s Plan To Kill
the Fed
The trillion-dollar Wall Street bailout plan negotiated by the
White House and Congress has reinvigorated the debate about
Texas Republican Rep. Ron Paul’s Federal Reserve Board Abolition
Act (HR 2755), which was introduced into Congress in June 2007.
_____________________________________________________________________ |
The Creation Of The Second
Great Depression
By Ron Paul
Whenever a Great Bipartisan Consensus is announced, and a
compliant media assures everyone that the wondrous actions of
our wise leaders are being taken for our own good, you can know
with absolute certainty that disaster is about to strike.
______________________________________________________________________ |
Why Conservatives Led the
Fight Against the Bailout Deal
Unlike most House Democrats, who voted against the bill in an
attempt to send the plan back to the drawing board to get a deal
that might better protect taxpayers and homeowners, House
conservatives torpedoed the measure in order to advance their
own alternative "bailout," one that's an ideologically motivated
back door to bailing out Wall Street without doing anything for
Main Street.
______________________________________________________________________ |
Bail-out Bill Cements FED
Take-Over of US Economy
Watch Video>>>>>>>
You are being asked to pass a $700 billion “bailout” or
“rescue” package and are told by your leadership that it is
“necessary” to prevent a catastrophe in the financial markets
and, by extension, on Main Street.
______________________________________________________________________ |
|
Congresswoman: Criminal Insiders
Behind Bailout Bill
Congresswoman Marcy Kaptur boldly slammed the bailout bill this
past weekend as the work of criminal insiders who have shut down
the normal legislative process to commit “high financial crimes”
and defraud the American people, while Rep. Michael Burgess
warns that “martial law” has been declared.
_____________________________________________________________________ |
|
NO AMNESTY FOR WALL STREET
At the time of this writing, the U.S. House and Senate are
poised to pass a $700 billion bailout to Wall Street. At the
behest of President George W. Bush, the U.S. taxpayers are going
to be on the hook for what can only be referred to as the
biggest fraud in U.S. history.
____________________________________________________________________ |
Ron Paul: Greenspan, Bernanke Should
Be Criminally Charged
Congressman Ron Paul says that the bailout bill is likely to
pass, heralding a 10-year plus economic depression for America
and the potential for martial law should civil unrest arise as
the financial meltdown worsens.
_____________________________________________________________________ |
|
NO To The Paulson-Bernanke
Derivatives Scam Bailout
Webster G. Tarpley
Wednesday, September 24th 2008
WASHINGTON DC – The grand theft bailout now being rammed through
Congress by Treasury Secretary Paulson, Federal Reserve Chairman
Bernanke, and other officials of the Bush regime with the help
of accomplices Pelosi, Majority Leader Harry Reid, and other
parliamentarians is a monstrosity for the ages, combining every
hideous feature of monetarism, elitism, oligarchism, and sheer
feckless incompetence. It is to all intents and purposes a
national suicide note of the United States of America, a
contract with the devil that absolutely guarantees irrevocable
national decline. For any person of goodwill there can be only
one impulse at the present moment, and that is to stop this
bailout — to block it, to sabotage it, to bottle it up, to load
it with killer amendments, and to do everything legally possible
to stop this insane design from going through.
_____________________________________________________________________ |
The Bailout Will Kill the Dollar
What nobody in the corporate media is mentioning amid all the
blather about the $700-billion Paulson bailout proposal is the
impact it will have on the US dollar.
____________________________________________________________________
|
Easily Understood
Explanation of Current Banking Crisis
Watch Video>>>>>>>
Today's banking crisis is the THIRD trillion dollar plus
US-caused financial meltdown in the last twenty years.
Each one of these crises came into being through the same basic
mechanism...the fraudulent over-valuing of financial assets by
Wall Street - with a "wink and a nod" (and sometimes a lot more)
from the White House and Congress.
The fraudulently valued assets stimulate the economy, impart the
illusion of health and then, inevitably, the fraud goes too far
and the whole house of card comes painfully crashing back to
earth.
_____________________________________________________________________ |
AN AMERICA THAT CAN
SAY NO
Right now, the government is preparing to "fix" the economic
mess by setting up a new Resolution Trust Corporation. For those
too young to remember, this is a repeat of the same scam used to
"fix" the S&L Debacle (remember the Keating Five?) back in the
1980s. And in short it was simply going around with a checkbook
filled with taxpayer dollars and cleaning up the mess made by
reckless deal making (and a little CIA drug money laundering) in
a climate of relaxed regulation.
_____________________________________________________________________ |
Nobel Prize
Winning Economist: Crisis As Bad As Great Depression Or Worse
Two time Nobel-prize winner and former chief economist of the
World Bank, Joseph Stiglitz has warned that the current
financial crisis will continue for at least another eighteen
months and in many ways represents a worse situation than the
one faced by Americans during the great depression of the 1930s.
______________________________________________________________________ |
U.S. Taxpayers Are Paying to
Bail Out FOREIGN Speculators
We all know that the Fed is trying to stick the American
taxpayers with trillions of dollars in debt (direct or through
inflation) to bail out the Wall Street robber barons.
But did you know that they are also trying to get you to bail
out foreign gamblers?
An article in the Telegraph states:
"The Fed has also just offered another $125bn of liquidity to
banks outside the US that are desperate for dollars and can't
access America's frozen credit markets"
"Another" $125 billion? How much has the Fed already given to
foreign banks?
Why are American taxpayers who are already drowning in debt due
to U.S. gamblers also being asked to also bail out foreign
speculators?
This isn't a pro-America anti-everyone-else post. If I lived in
England, or Canada or Japan, I would resent being asked to bail
out America, too.
_____________________________________________________________________ |
China Blames Wall Street
Meltdown On Fed Overissuance Of Currency
China’s state media today reports on the real reason behind the
Wall Street meltdown and a subject that the mainstream US media
dare not mention - the Federal Reserve’s overissuance of
currency - which the Chinese say is part of a wider agenda to
justify increased control over the global economy.
______________________________________________________________________ |
Why
Lehman
Brothers Went
Down
We are now into the second year of the unraveling of the world
financial system. It could be described as the Great Denouement
(or final act) of a plot that began in 1913, when Congress
created the Federal Reserve System, aka the Focus of Evil in the
Modern World. So far the effects of the unraveling have had
minimal impact on the larger economy.
This is about to change.
Last Friday, there were five globe-bestriding Wall Street
investment banks. Today there are three. Lehman Brothers, a
158-year-old financial colossus, is headed for bankruptcy and
oblivion. Merrill Lynch, which was following the same
trajectory, was bought by Bank of America.
_____________________________________________________________ |
History of Money-What Banks Don't
Want You to Know
To start with a history of money and debt, we must go back many
years ago when people used to trade their wares for the things they
wanted and needed.
_____________________________________________________________________
|
We don't need gasoline, we
never needed it
12 Facts: Scientific and historical about gasoline and alcohol
1. The original automobiles ran on alcohol because when they
were invented gasoline was not available.
2. Rockefeller spent $4 million (that we know of) to promote
Prohibition, a ban on alcohol manufacturing in the US that
started in 1919 just as the car industry was taking off.
3. When Prohibition was lifted in 1933, gasoline stations were
ubiquitous and most engines ran on gasoline only.
_______________________ |
If the American
people ever allow private banks to control the issuance
of their currency, first by inflation, and then by
deflation, the banks and the corporations that will grow
up around them will deprive the people of all property
until their children wake up homeless on the continent
their father's conquered.
Thomas
Jefferson
|
|
“If our nation can issue a dollar bond, it can issue a
dollar bill. The element that makes the bond good, makes
the bill good, also. The difference between the bond and
the bill is that the bond lets money brokers collect
twice the amount of the bond and an additional 20%,
whereas the currency pays nobody but those who
contribute directly in some useful way.
Ellen Brown, J.D.,
www.webofdebt.com
|