The Federal Reserve, already arguably the most powerful agency in the U.S. government, will get sweeping new authority to regulate any company whose failure could endanger the U.S. economy and markets under the Obama administration’s regulatory overhaul plan.
The final plan due to be released on Wednesday — which originally aimed to streamline and consolidate banking and securities regulation in one or two agencies — now is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources.The most likely candidate for elimination is the Office of Thrift Supervision, whose failure to detect and forestall problems at Countrywide, IndyMac, Washington Mutual and other freewheeling mortgage lenders is thought to have contributed to the financial crisis.
© 2009 Alex Jones | Infowars.com is an Alex Jones company. All rights reserved.
Home » Economic Crisis » Federal Reserve to gain power under plan


June 16th, 2009 at 11:37 am
Pull your cash out of the banks!!!!!!!! Leave a minimum balance, and let them loan that out to whoever they like……….
nothingbutpuppetsinDC Reply:
June 16th, 2009 at 12:55 pm
excellent point, pull every penny you can out of any and all banks you have, stop allowing them to lend to you. Their empire is built on lending to us and making us their slaves.
House Reply:
June 16th, 2009 at 1:06 pm
It is the month of August, on the shores of the Black Sea. It is raining,
and the little town looks totally deserted. It is tough times, everybody is
in debt, and everybody lives on credit.
Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 Euro note on the reception counter,
and goes to inspect the rooms upstairs in order to pick one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to
the butcher.
The Butcher takes the 100 Euro note, and runs to pay his debt to the pig
grower.
The pig grower takes the 100 Euro note, and runs to pay his debt to the
supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note and runs to pay his
debt to the town’s prostitute that in these hard times, gave her “services”
on credit.
The hooker runs to the hotel, and pays off her debt with the 100 Euro note
to the hotel proprietor to pay for the rooms that she rented when she
brought her clients there.
The hotel proprietor then lays the 100 Euro note back on the counter so
that the rich tourist will not suspect anything.
At that moment, the rich tourist comes down after inspecting the rooms,
and takes his 100 Euro note, after saying that he did not like any of the
rooms, and leaves town.
No one earned anything. However, the whole town is now without debt, and
looks to the future with a lot of optimism..
And that, ladies and gentlemen, is how the United States Government is doing
business today
ohyadude Reply:
June 16th, 2009 at 1:53 pm
Wow nice anology man. You got it pegged. Quick point to you to ponder of topic, because I think you are a truther that can understand and is in tune. About 2 months ago a major shift took place in our media. For the last few years msnbc and cnbc were where we got the truth, but now the call has been made. And since those stations are currently in power ( i mean controlling our government ) they now have to start bull donkeying around and try to persude the truthers of a FAKE truth NOW. So watch very carefully foxnews and msnbc. YOU will see orielly and beck are on our side now, but only because THEY are no longer in power man. That is why. They get to unleash the truth SOMETIMES, but they are still subject to the more than occasional bull donkey. It’s a wild one out there good luck to you. Here’s a joke I often use. It is a great joke. What’s the difference between a republican and a democrat? I don’ t know either, but if you figure it out. . . .Let ME know.
John Galt Reply:
June 16th, 2009 at 1:56 pm
Classic and nearly true.
OBAMA'S CRACK PIPE Reply:
June 16th, 2009 at 7:32 pm
GOT A LIGHT ?
Belinda Reply:
June 16th, 2009 at 9:20 pm
You are a genuis…thank you that was so well told. I finally understand what is going on and it is really insane.
Repent.Unite.Resist.
de obvious Reply:
June 17th, 2009 at 2:18 am
OUTSTANDING sir/ma’am, simply outstanding.
David p. Meeker Reply:
June 16th, 2009 at 1:33 pm
I have been performing this action for the last couple of years already. I would rather have my money where I can reach it, than have to stand in line for it.
John Henke Reply:
June 16th, 2009 at 1:46 pm
And run up ALL of your credit cards to the max. Buy hard goods that you can use when the revolution starts! Ho, the beauty of unsecured debt!
John Henke Reply:
June 16th, 2009 at 1:47 pm
Let the banksters loan us the money for the rope we hang them with!
Highlanderess Reply:
June 16th, 2009 at 2:19 pm
Damn, I wish I had some to take out.
June 16th, 2009 at 11:39 am
little by little they are being allowed govt powers b/c of these blood sucking vampires. cant wait til i see it all crumble. the last shall be first and the first shall be last.
J. Williams Reply:
June 16th, 2009 at 12:25 pm
Better think again, crap. The way they have it planned, the first will be *really* first, and everybody else will be *really* last.
They’ve been setting this up for a very long time, so you probably shouldn’t race to the conclusion that people like you will suddenly emerge on top of the heap after they pull the plug. They’ll still have plenty of well-armed, prettily uniformed dimwits and sellouts to protect “their” property rights from the starving rabble.
That’s one thing that humanity does very well indeed: breed legions of imbecilic rats and traitors who will happily and self-righteously sell their fellow humans into misery and bondage for a few counterfeit coins and some nice threads. Those in charge know very well how to make use of this unfortunate human propensity.
June 16th, 2009 at 11:39 am
I swear the fed will cause ww3 just to cover their own behinds.
Theywontchipme Reply:
June 16th, 2009 at 12:08 pm
Wouldn’t be the first time!
June 16th, 2009 at 11:41 am
The powers at be are working to undermine the fed audit bill by passing this legislation to cover up their nonsense.
“The Federal Reserve, will get sweeping new authority to regulate any company whose failure could endanger the U.S. economy and markets under the Obama administration’s regulatory overhaul plan.”
Continue taking actions to keep the resistance struggling to keep up and keep them in check. Give them MORE power, let them turn their focus to something else to get folks forgetting about the audit. fk the fed.
NO MORE POWERS FOR THE FED!!!!
June 16th, 2009 at 11:42 am
repent, or Ill blow my top
roaddog Reply:
June 16th, 2009 at 1:32 pm
blow away.
June 16th, 2009 at 11:42 am
What a ruse. The Federal Reserve is not IN the U.S. government. It is a privately held institution.
Support HR 1207.
June 16th, 2009 at 11:44 am
Why the hell do we even have an Office of Thrift Supervision??? Isn’t Congress supposed to be the entity ensuring that government is thrifty with its citizens’ money? Yeah, I know, no one in government is capable of that.
June 16th, 2009 at 11:47 am
Wooooooooooo who would though
June 16th, 2009 at 11:48 am
Comrade B.O. nationializes.
The International Monetary Fund globalizes.
At least, under B.O., you had the pretense of representative government.
If you speak to an authority figure from the U.N., he’ll probably be wearing a blue helmet and not be fluent in English.
June 16th, 2009 at 11:54 am
we the people have been asleep….call your congressman and tell them you want the obama administration use of the federal reserve to be audited or you will never vote for them again.
June 16th, 2009 at 12:26 pm
Oh hell no!
June 16th, 2009 at 12:29 pm
The first line of this article is a fraud…it begins by claiming that the Fed is already the most powerful government agency. We need to contact this reporter and inform her that the federal reserve is not a government agency. Although I’m sure she know already and just lies through her teeth.
David p. Meeker Reply:
June 16th, 2009 at 1:41 pm
Thats exactly what I thought when I read this. It could also be a case of the misled/ misinformed perpetuating the myths /lies on the other uninformed/uninitiated sheep.
There are those of us that KNOW better, when we read this type of article.
June 16th, 2009 at 12:36 pm
Check and Balance this ,|,,
June 16th, 2009 at 12:55 pm
Yeah ok, can u explain to me why the fuck is the cabal running the fed is to stop by 2013.
June 16th, 2009 at 1:32 pm
Sweet!
http://www.TheAustriansWereRight.com
June 16th, 2009 at 1:36 pm
So according to this article the ron paul thing is dead in the water. Gee… imagine that. More to unfold later………
June 16th, 2009 at 1:38 pm
But the important question to ask, is, When did we give an NGO/Private corp. the authority/power to make decisions on our behalf and administer the private sector.
It would be like McDonalds administering and eliminating,Dept of Health, USDA and Dept of Agriculture and the FDA.
WTF people ?
June 16th, 2009 at 1:39 pm
I think Obama’s failures have already done that.
June 16th, 2009 at 2:01 pm
From Loyal Subjects to Traitorous Rebels ~ A Royal Proclamation
When the last dutiful & humble patition from Congress received no other Answer then declaring us Rebels, and out of kings protectoin, I from that Moment look’d forward to a Revolution & Independence, as the only means of Salvation; and will risque the last Penny of my Fortune, & the last Drop of my Blood upon the Issue.
George Mason, October 2, 1778
June 16th, 2009 at 2:02 pm
These a$$hole hold nothing but contempt for the people. We have no power over them. If we did we could fire them at will and change people. We cant so what is left.
June 16th, 2009 at 2:49 pm
http://www.youtube.com/watch?v=G7X24_vOWwU
June 16th, 2009 at 3:39 pm
Sounds about right:
Banksters commit crimes for which they will never pay … (we do – with interest!)
…and now their victims are to be lined up, as they fall,
to become slaves to those very Banksters.
Who says crime doesn’t pay? Certainly not the Banksters!
June 16th, 2009 at 3:56 pm
CRIMINAL BASTARDS! ONLY A SATANIC CULT COULD SCREW UP A PRODUCTIVE COUNTRY LIKE AMERICA.
June 16th, 2009 at 3:57 pm
They are not done yet,the control of all banks in this country is well underway.To sloppy all the different banks out there,better to have one central cleaning house so the world bank can operate smoothly.The goal NWO- Global Corporate Feudal Regions
June 16th, 2009 at 5:33 pm
THE RULES ARE WHATEVER “GOD THE FED” WANTS THEM TO BE. HOW DO YOU BRING DOWN GOD? WE ARE ALL ON A GLOBAL BUS, AND THERE’S ONLY ONE DRIVER AND HE’S TAKING US ALL OVER THE PRECIPICE, HIMSELF INCLUDED. THERE’S NO CURE FOR TERMINAL GLOBAL CANCER, THE POLITICAL, FINANCIAL, RELIGIOUS BODIES ARE ROTTEN TO THE CORE, ACCEPT THE PROGNOSIS AND PREPARE FOR THE WORST.
June 16th, 2009 at 5:42 pm
“Behind closed eyes lie
The minds ready to awaken you,
Are you at war with land
And all of its creatures,
Your not-so-gentle persuasion
Has been known to wreck economies
Of countries, of empires, the sky is over.
Even though we can’t afford
The sky is over,
I don’t want to see you go,
The sky is over
Even though we can’t afford
The sky is over,
The sky is over us.” ~ Serj Tankian – Sky Is Over
June 16th, 2009 at 6:01 pm
Freedom or slavery ? ….
” That whenever any form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it “… The unanimous Declaration of the thirteen United States of America
and that includes the Fed …
de obvious Reply:
June 17th, 2009 at 2:39 am
NAY, sir, it is the DUTY of patriots to skin these theiving rats!
June 16th, 2009 at 6:35 pm
This is the best place i could find to post this here, so forgive me for being slightly off topic.
This past weekend i went to get a gift for a friend, and was informed that for security reasons, they could not accept cash, only checks or debit/credit cards.
WEREFEAT Reply:
June 17th, 2009 at 1:14 am
Of course this is illegal, but who’s watching the store? You could sue them, but that takes money and so on. A lot of appartments won’t take cash either. And that’s illegal too.
What if you tried to give them a nice gold coin? Or possibly a dozen chickens?
June 16th, 2009 at 7:32 pm
SPOT WAS HERE……..
June 16th, 2009 at 10:09 pm
People Buy Silver its the only way You Americans that have brains please go buy SILVER and keep it at home its the best thing to do then the shit its the fan you will have something to buy food with…
http://www.youtube.com/watch?v.....annel_page
galacto Reply:
June 16th, 2009 at 10:21 pm
Precious metals are a good means of getting off the fiat money grid. Ultimately paper money will be hyperinflated to uselessness and then recalled, at which time we will all receive credit chip implants for use in conducting our economic transactions.
newfy777 Reply:
June 17th, 2009 at 4:41 am
you are correct
but you will need gold and silver for that transition period..it is my belief THAT is when the Fair World Order will attempt to rid the world of the 5 billion or so “useless eaters”thru war, starvation,and vaccination
June 16th, 2009 at 10:31 pm
music for the revolution support the artist in the fight to wake up more sheeple http://polygraphradio.net/musicsite/?p=1299
June 17th, 2009 at 1:07 am
I am so dissappointed in myself. I should have known.
http://wideeyecinema.com/?p=2532
But time will tell. No, really! Time will TELL!
June 17th, 2009 at 4:13 am
Exposed by leaks & whistle blowers;
Watch the zombies flee.
June 17th, 2009 at 4:34 am
THIS is how the FWO is going to sidestep HR 1207
they will pass legislation that will make Ron Paul’s bill HR 1207 null and void before it is even introduced,debated or out of committee
the Fair World Order…FWO[yes the name has been officially changed]is moving ahead at lightening speed..i thought maybe …just maybe.. the congress critters were coming around on how the FWO was hijacking the United States with Ron Paul’s bill getting 223 co-sponsors but i see 2 days later the critters are right back to their usual corruption..
June 17th, 2009 at 4:45 am
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future. Thanks!
House Reply:
June 17th, 2009 at 8:22 am
I LIKE SPAM!
June 17th, 2009 at 10:45 am
TO HELL WITH OBAMA
June 17th, 2009 at 2:27 pm
It’s funny how now that I’m a part of the truth movement, red flags popped up all over the place when I saw this story on the noon news. I saw Obamas puppet strings hanging from the Fed bankers fingers, and the propaganda news agency spitting out whatever they think John Q Public might buy.
June 18th, 2009 at 12:05 pm
Hi this is Alex Jones for a company that wants you to settle your TAX PAYMENTS with the IRS.
FEAR FEAR FEAR : Dont let them come to your house and steal your assets, just PAY THEM and they will go away. This is a great solution from your great leader,…now bend over while i fill your ass with another info-crack enima of , well, anything, since anything i say, YOU BELIEVE!
http://www.youtube.com/watch?v=tfpfJ7RCWUs&
June 25th, 2009 at 8:11 pm
If we wilfuly use “their” fiat currency we are LEGALLY and Lawfuly in “their” jurisdiction with no recourse. If we wilfuly use “their” fiat currency – while at the same time believing that it is a “scheme to enslave” and “buy up infrastructure” – we are that much more guilty in the realm of hard reality.
We are allowed to know, whine and complain about all this. As long as we continue to kiss the ring. Cha-ching! “Red Pill Exposing” while “consuming”.
Who are we trying to fool?
June 28th, 2009 at 10:59 pm
can someone please explain to me how the United States is trillions of dollars in debt and the nations that are its lendors aren’t irate?? I mean I guess you can call me cheap but when my buddy owes me a few bucks and doesn’t pay me back I get pissed?? How can this country be owe so much money and get away with it?? I mean is it paying it back at all to countries such as china??
thanks