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The Secrets of the Federal Reserve
- Text size
The Federal Reserve Act was legislated in 1913 to end recessions, panics and depression. Over that almost 100-year period they have been eminently no more successful then their predecessors. The Fed is a private corporation, which guides US monetary policy. Its staff is from Wall Street, banking, and transnational conglomerates and occasionally from academia. Of the 12 Federal Reserve banks the New York bank is the most powerful. The staffing of the Fed at the least is incestuous, because the member banks take part in the staffing, as they filter to the Fed what actions they should take. That is done by the FOMC, The Federal Open Market Committee. As a further example the recent stress test done by the Fed was done on many of their owners. Sadly the public is unaware of this and even business majors and those with business masters degrees do not know that the Fed is privately owned or what they actually do. For those of you who would like to get a better understanding read G. Edward Griffith’s, “Creature from Jekyll Island” and the secrets of the Federal Reserve” by Eustace Mullins.
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| You can get an idea of the incestuous nature of the Fed and Wall Street in looking at the select committee that not that long ago picked Timothy Geithner to head the NY Fed. | |
Recently we discovered that $101.4 billion was originally secretly funneled through AIG to AIG counterparties – parties that were owed these sums by AIG, which had not collateralized derivative contracts. That is like writing insurance and having no collateral reserves set aside for losing events. The Federal Reserve in their wisdom paid off AIG’s debt with what eventually will be taxpayer debt. This is wrong and it should not have been done secretly. When demanded by a Federal Judge to reveal to whom these monies were paid and under what circumstances, the Fed said it would harm their reputations and it was a “state secret.”
The biggest gun in the Fed arsenal is the New York Fed. The recently appointed Secretary of the Treasury Timothy Geithner was the NY Fed’s previous governor. Mr. Geithner had worked in government previously and was in part responsible for the Asian financial disaster in 1997-1998. He is also a Goldman Sachs alumnus. He is part of a never-ending exchange of the denizens of Wall Street and banking being appointed to government positions. In fact Wall Street and banking have been running our government for a long time. Many say for too long.
This kind of relationship makes government a tool of major financial interests and it breeds corruption, as we just witnessed in the case of Stephen Friedman, formerly of Goldman Sachs, and until he resigned last week, for having purchased some Goldman Sachs stock, was Chairman of the NY federal Reserve, the position Mr. Geithner had held before him. This raises the fundamental question of appointment and corruption. Never mind the other issues the Fed is involved in. this is America’s most powerful financial institution and it is run by corrupt and perhaps incompetent people. The NY fed has a very special position, because it is actively running markets every day via the 21 dealers it uses to manipulate and uses these markets. This is part of the program never spoken of that exists to assist the “Working Group on Financial Markets, which manipulates markets 24/7, under an Executive Order signed in August 1988 by then President Ronald Reagan. This was executed to protect against market failures such that had taken place the previous October. The order was for emergencies. The Treasury, the Fed, Wall Street and banking have distorted its original intent. The Fed also sets interest rates and regulates the issuance of money and credit. Thus the Fed holds a pivotal role in our financial well-being. They also are to insure the soundness and stability of the banking system. If our banking system breaks down it is the fault of the Fed. When that happens it should not be the province of the Fed to commit trillions of dollars of taxpayer money to bail out its own owners.
You can get an idea of the incestuous nature of the Fed and Wall Street in looking at the select committee that not that long ago picked Timothy Geithner to head the NY Fed. Hank Greenberg defrocked former Chairman of AIG, who for some reason was never criminally prosecuted in the scandal; John Whitehead a former Chairman of Goldman Sachs; Peter Peterson, a former Chairman of Lehman Bros.; and Walter Shipley, a former Chairman of Chase Manhattan, now with JP Morgan Chase. We wonder why the media never questions these kinds of connections all of which are tied together by the Council on Foreign Relations.
Then there is the composition of the NY Fed board on which six board members are public representatives. We do not see any common business people on this board. They are all very wealthy New Yorkers, who are all connected to one another. There have been occasionally members of labor and academia, but they can only be considered tokens. It is very definitely an insiders club.
This means the Fed’s real consideration is the maximizing of profits for banking, Wall Street, insurance and real estate. This goal of almost 100 years has made these individuals and their families’ mega-rich. Competent or incompetent they always win. They have information and intelligence no one else has and you can be sure their inner circle has the same privileged information. As usual they are essentially unregulated, which gives the Fed an additional advantage. The lack of banking oversight of recent years has brought our entire financial system into insolvency. We do not know how you could call it anything else when most major banks, brokerage houses, some insurance companies and other lenders are simply broke. The Fed, and particularly the NY Fed, has been complicit in banks and brokerage houses using leverage of more than 50 times assets. In some cases such as JP Morgan Chase the figures are much higher. In fractional banking 8 to 10 times is considered appropriate. This is the biggest bailout of poorly managed corrupt banks in history. This failure is far greater than the failure of the Lombard System in Venice in 1348, the year of the great bubonic plague that swept Europe and killed 50% of its inhabitants. These elitists have brought the world economy to its knees. It is ironic, but true to insider dealing, that not one CEO or senior executive has been fired, as trillions of dollars have been lost.
- A d v e r t i s e m e n t
The Fed can enter into agreements with foreign central banks and foreign governments, and the GAO’s prohibited from auditing or even seeing these agreements. There are no enforcement powers over the Fed. The Fed’s funding facilities including the Dealer Credit Facility, Term Securities Lending Facility, and the Term Asset-Backed Securities Lending Facility should be subject to congressional oversight.
Every problem we have had in our economy from the Fed’s conception and passage can be directly traced to Federal Reserve policy.
Legislation should be passed to abolish the Fed and that the OMB, the Office of Management and Budget liquidate Fed assets to insure a quick transfer of their functions to the Treasury.
HR 1207 is now in the House Committee of Financial Reserves and has been there for 3 months.
This could be the most important legislation ever submitted due to the financial conditions in America at this time.
In the Senate, Sen. Bernard Sanders (I-VT) has submitted a similar bill, which has been in the Senate Banking, Housing, and Urban Affairs Committee for 2 months.
As Rep. Paul says, “auditing the Fed is only the first step towards exposing this antiquated insider-run creature to the powerful forces of free-market competition. Once there are viable alternatives to the monopolistic fiat dollar, the Federal Reserve will have to become honest and transparent if it wants to remain in business.
Contact everyone in Congress and let him or her know how you feel about this issue as soon as possible.
As Joseph Schummpeter argues that monetary measures do not allow policymakers to eliminate economic depression, only to delay it under penalty of more severity in the future. In a market economy, economic depressions are painful but unavoidably recurring. Counter cyclical monetary measures to provide more money and credit to keep ill-timed investment on a high level in a depression are not creative destruction, but positive destruction, and such measures will ultimately be detrimental to the general welfare. This is what we’ve been preaching for some time.
Unemployment is a natural extension for stabilizing production and consumption, and its solution cannot be implemented by holding up asset prices in a depressed market economy. Unemployment is usually reduced by deficit-financing and high wages. Today that is not easy with a $2 trillion deficit, rising interest rates, monetization and the insane creation of money and credit. Plus, how can you maintain wages, or raise them, with an army of illegal aliens working for next to nothing and offshoring and outsourcing still going at full tilt? Monetarist measures cannot hold up asset prices with today’s problems, which are the worst since the early 1870s.
Looking back Herbert Hoover was wrong in starting off the Socialist-Fascist era that began the 1930’s Great Depression. Franklin Delano Roosevelt carried out that program and it was a failure. America was saved by war at a terrible price. Andrew Mellon was right in advocating that government must keep its hands off and let the slump liquidate itself. Purge the rottenness out of the system. Mr. Mellon said liquidate labor, stocks, farmers and real estate. No more high living, people will work harder and lead a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.
The economics of monetarism are nothing more than a formula promulgated to save the financial sector and not the country, by using an elitist trickle down theory, which as recent as the 1980s had been proven unworkable. Bail out the rich on Wall Street, the bankers and insurance companies and let the poor and working poor fend for themselves. This is class economics and this is what turns the masses toward socialism. Bankers, who caused the problem, are bailed out by the masses, and the public is left to drown on their own. We are told the bankers and Wall Street must be saved or we’ll have no economy. We call this the myth of saving the criminals.
Under a Federal Reserve System the Fed has in private hands unlimited state power to create money and credit backed by the full faith and credit of the American people, which denies those people the rights of sovereignty.
Via the Fed and via Executive Order and the “Working Group on Financial Markets” we allow the Fed and the Treasury to manipulate our markets. Thus our financial elite grow richer and richer, and worse yet even professionals do not know what is going on, never mind the public. The creation of money and credit is effected in such a way that the financial sector is protected and the burden of loss of purchasing power is cast upon American workers. The capitalists do business as usual. Such pursuits have often ended in revolution. The fruits of low wages in America, a result of free trade, globalization, offshoring and outsourcing, have taken their toll. The result is more than two years of recession and now more than three months of depression. The working poor cannot afford to buy what they produce and they cannot pay the debt cast upon them by Wall Street and the banking establishment. There are no free markets. The markets are what these people want them to be. Today they feed their own debt bubble hoping, hope against hope they can bail out the system again.
These miscreatants, in what is called a shadow banking system securitized mortgages and other debt by fraud via a corrupt rating system worldwide monetizing their liabilities and buried thousands of professionals worldwide. This unpayable debt, now lost, along with derivatives present problems that are really just beginning to be addressed. All this is done with little transparency in order for these institutions, guided by the Fed, to dump their financial risks.
There you have it. A manmade disaster created by the Federal Reserve, banking and Wall Street, and these are the same corrupt group who our government has chosen to rectify the problem. Their answer is to take the funds from the public to cover their losses, be it by inflation or taxes. The answer is get rid of the Fed and purge the system once and for all.
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May 14th, 2009 at 9:23 am
Check out this new blog !!
it got info on the Geab#34 & LeapE2020 !!!
Nice blog ,by the way !
http://atomicnewsreview.org/
chevs911truth Reply:
May 14th, 2009 at 11:23 am
http://beyondbelief.weebly.com/
centerbound Reply:
May 14th, 2009 at 12:52 pm
“now more than three months of depression…”
get real…. we are so not in a depression.
The Volksjager Reply:
May 14th, 2009 at 5:20 pm
…yet… our situation is bad but could very well be worse, as it may be in the near future.
May 14th, 2009 at 9:30 am
Damn, very good article. Already knew most of this stuff but it was a very good read.
May 14th, 2009 at 9:37 am
People that have tried this from JFK to Abe Lincoln have encountered stiff resistance if you know what I mean. If we can wrestle “Them” out of this sham known as “The Fed” maybe, maybe we’ve got a shot. But I’m not holding my breath as the dumbed down American Idol “imbecile majority” walks around dazed and confused. This whole thing is a runaway freight train and the economy is “only” the beginning.
http://www.THEorYofLIVEvolution.com
Rich Reply:
May 14th, 2009 at 11:25 am
RR, I have to agree but, They are very very few and we are many times many. A few criminal heads on a pike would do a lot to turn things around, get the ball rolling (or a few more heads).
May 14th, 2009 at 9:42 am
These are the same money changer Zionists who pulled off 9/11.
Shhhh dont mention the truth !!
You will be called an anti-semite.
whaa Reply:
May 14th, 2009 at 10:11 am
Nobody pulled off 9/11. There were no commercial planes on 9/11. That fact exposes the entire criminal element of 9/11 and all the actions, wars, and deaths that have come from it.
centerbound Reply:
May 14th, 2009 at 12:55 pm
Wow, no commercial planes? Really??? I guess they just hypnotized me into actually SEEING Commercial Planes?
Joe Reply:
May 14th, 2009 at 8:55 pm
they must have because if you actually opened your damn eyes you would see the planes have no windows! could not have been commercial, military sure! JACKASS!
Chris Reply:
May 15th, 2009 at 12:59 am
uh, hello,
so what is a plane full of Americans called? If that isn’t commercial, then what is it?
Joe Reply:
May 15th, 2009 at 8:49 pm
Ok dude obviously you cant open up your mind. 2 things, in the operation Northwoods document the government proposes having college kids get on a plane, then having it land (but appear to still be on radar) and have a drone simultaneously take its place to later be blown up over cuban waters. (a copy can be obtained at Mark Dice’s website under documents), and second, in loose change 2nd edition, they show that the planes were forced to land and drones took over their flight path. What happened to the people???? Your guess is as good as mine, but if they can use rendition to make people just magically vanish, I would assume the same happened with them. DEFINATELY NOT A COMMERCIAL PLANE!!!!
May 14th, 2009 at 10:06 am
Tell me why this whole website plays off one viewpoint (the government is out for money and power). Yet all the articles are one sided and I have to pay to see MR Jones’ movies…
Let sheep be sheep.
Please don’t take anything you read to be absolute truth, but instead an opinion based of facts which may or may not be true. Make sure you double check everything you see/read so that we may become a world of enlightened free thinkers.
twallop Reply:
May 14th, 2009 at 10:34 am
If you are paying to see jones movies it is because you are unaware that they are available for free, or you have no friends who will burn you a copy, or you are donating to a worthy cause. If you don’t like the website go suck your thumb somewhere else!
fight4whatubelievein Reply:
May 14th, 2009 at 10:42 am
Are you a lunitic? I have never had to pay to see “MR Jones’” movies. Does the Fed. Reserve give you anything for free? What planet are you from? And besides Alex Jones only gives out this information for us to learn from and to be able to research ourself. Hes not forcing you to believe THE TRUTH. But if you are smart, really research this info… ALL IS TRUE. And besides, if reading isn’t believing… SEEING IS. We are seeing the CONTROL of the Fed. Reserve everyday, as our situations as average incomed americans worsen.
Axewinder Reply:
May 14th, 2009 at 10:52 pm
It’s like this Ian, do you believe everything you read? Either you believe the main stream media are capable of lying and covering up the truth, or your wallering in the mire hanging out with your sheep friends. Do you research what the main stream media tells you? Or do you scratch your head. The Federal reserve is a private banking institution that defy’s all US laws. (Thats a Fact Jack). Instead of criticizing your fellowman, why don’t you join us and spread the word.
May 14th, 2009 at 10:12 am
If the feds books were aud. you would /fall out of your chair ! Because there is enough $$$$$ for the USA to pay all its debet and pay off all the Morg. of every American and still give every American $250.000 each and still have enough to run the Gov,t for 10 years !!!!!OPEN THE BOOKs —NOW
May 14th, 2009 at 10:14 am
Why do you have to pay for access to Alex Jones movies? Are you retarded? Because the bandwidth it requires costs$$$$$ And you obviously must be a mole for the gov. propoganda war they are doing on blogs like this one. Maybe you should go and join your saviour obama instead. I gladly paid for my membership to access the videos and will glaldy do it again as it has been well worth it.
Dont pay attention to an idiot as an idiot will make you think like an idiot yourself.
response Reply:
May 14th, 2009 at 10:24 am
Those same moles demand that you never verify a single piece of airliner debris from the planes of 9/11. Those same moles demand that you never verify evidence. Ever. To this day…not one single speck of airliner debris has ever been verified in any way shape or form from any of the 4 planes from any of the 4 locations on the morning of 9/11. Anyone who demands that you “believe” there were planes based on there say so must be considered a mole. AJ would be one of them. AJ demands that you accept what the government, media, and military told you to believe about the planes of 9/11. AJ has said you can never question wether or not there were planes on 9/11. Even though there is not one single piece of verifiable evidence?
centerbound Reply:
May 14th, 2009 at 12:59 pm
Wow, now NO planes??? What the hell was I looking at? What did all those people in NYC see?? You a f---ing twat, you moron.
heypaula Reply:
May 27th, 2009 at 1:50 pm
The worlds largest military contractors provided the video of commercial planes hitting the WTC’s on the morning of 9-11. If you see no issue with that bias…then fine.
What did all those “people” see in NYC? On the morning of 9-11….thousands of FBI, FEMA, OEM, and secret service agents were at ground zero before the planes struck. They were conducting a terrorist training drill called Tripod II. The worlds largest military contractors that brought you the images of 9-11 interviewed those VERY same agents on 9-11 that said “of course there were planes”. If you see no issue with that bias….then fine.
History will find a huge bias with those events. There were no commercial planes on 9-11.
May 14th, 2009 at 10:25 am
Great article! Really cuts to the chase. If people woke up to what the author and Ron Paul are all about we could see some causal action by congress and stop Obama’s CFR actions. Thanks Bob for the courage to right this article and kudos to Alex Jones for the forthrightness to print it.
May 14th, 2009 at 10:29 am
It is like I ask you if I can borrow $200,000 dollars. Then I ask you to pay me another $200,000 plus interest for borrowing in the first place.
May 14th, 2009 at 10:33 am
Amen to this article.
Jim Reply:
May 14th, 2009 at 10:42 am
I’ve been emailing my Congressman every other day urging him to sign on but no luck. He never does what I want him to do. But I’ll press on.
May 14th, 2009 at 10:34 am
What are their names and addresses?
May 14th, 2009 at 10:51 am
Just like the Fed can create money out of thin air, you can make that same money disappear via Bankruptcy!
May 14th, 2009 at 11:01 am
I KNOW THIS, IF WE DON’T ABOLISH THE FED, WE WILL BE ABOLISHED.
RagnarD Reply:
May 14th, 2009 at 11:56 am
Well I have news for y’all: HR1207 doesn’t abolish the “Fed.”
Too bad for us.
centerbound Reply:
May 14th, 2009 at 1:00 pm
Ok… how would our economy function without the Fed? Idiots you people are…
banno Reply:
May 14th, 2009 at 3:59 pm
Just because you’re too dumb to figure that out does not mean that you should expose your stupidity.
Kymatica Reply:
May 14th, 2009 at 5:16 pm
The economy would function they same way it function before there was a central bank. Money creation would revert back to the government.
Axewinder Reply:
May 14th, 2009 at 11:06 pm
Centerbound must mean “Fool that’s Incorrigible”. Snap out of your arrogance and do some research.
Reed Reply:
May 15th, 2009 at 8:03 am
Easy, the US treasury would need to (well, not exactly need, but should) revert the currency to a fixed rate off of a good; energy, gold, silver, metals etc. Then keep the rate of currency at the current levels of the goods that they can be backed by. Well, this is the theory, but it could work differently as long as we are not in a period like now with the US treasury constantly printing bills to inflate the market.
But you see, our current monetary system works like this. The US Treasury prints the money, then the Federal reserve buy the notes at a rate far lower than their printed value (about 10 cents on the dollar), then the Fed Reserve LOANS the said money back to the federal government AT FACE VALUE plus interest. Now you’re thinking How can they get away with this, and how does the government pay back the interest? Off You and your income taxes is the answer.
I challenge you to refute what I’m saying, because I’ve been researching where the money goes for over two years now. I’ve wondered where the federal income taxes go toward, and I found it when digging too hard.
May 14th, 2009 at 11:26 am
You Can! But, be prepared to be arrested for counterfeiting.
danomatic Reply:
May 14th, 2009 at 6:25 pm
LOL Sad but true.
Theguythatlivesbetweentesticalsandanus Reply:
May 15th, 2009 at 1:02 am
Hopefully little timmy will get his goose-stepping orders from bildebuggeryou and save us all from economic collaps and flu shots. Go Timmy! or not.
Seriously though. WE need to beg for forgiveness from the bankers so they will treat us better. Just like a dog who loves his master is treated better.
May 14th, 2009 at 11:42 am
All of the elements and players that precipitated the current global financial crisis/swindle are still operating in place.
In fact, the forces of economic darkness are stronger, more powerful and more entrenched than ever. (It’’s sort of like if Sauron had gotten the Ring of Power back in the Lord of the Rings saga)…
The hyper-swindle is now kicking in. They are calling it’s first fruits “green shoots”.
If you thought 7 trillion of Greenspan’’s el cheapo money was a bad thing, just wait until you see the effects of Bernake’’s 20 trillion (so far) of free money!
Like Bachman Turner Overdrive once said; “You aint seen nuthin yet”….
May 14th, 2009 at 12:00 pm
Help End the Fed on The Battlegrounds!
http://www.warnthepeople.org/t.....ounds.html
May 14th, 2009 at 12:05 pm
on a lighter note….
BANKER SPANKIN’ :
http://www.truveo.com/CEO-Beat...../685332895
For what they’re worth, this “CEO Beating..” series is great fun to watch! Brings a smile to my face and a little ray of sunshine to my day
(although… I wouldn’t mind getting my hands on some of these financial criminals and showing them what MY definition of a “beating” is…)
Just one more example that there really ARE people out there who are actually trying to do their jobs. Remember their names.
(look at Geithner’s nose… it keeps growing. His nick-name should be Pinocchio)
May 14th, 2009 at 12:07 pm
PETITION TO BLOCK CONGRESSIONAL ATTACKS ON FREEDOM OF SPEECH AND PRESS
wnd.com/index.php?pageId=87882
============
##SPREAD THIS INFORMATION##
Collapse driven by fraud:
rawstory.com/news/2008/Economist_US_collapse_driven_by_fraud_0404.html
Wall Street criminals exposed By Marcy K.:
kaptur.house.gov/index.php?option=com_content&task=view&id=289&Itemid=1
marcykaptur.com
http://www.youtube.com/watch?v=S27yitK32ds
Rep. Alan Grayson asks the Federal Reserve Inspector General:
youtube.com/watch?v=PXlxBeAvsB8
youtube.com/watch?v=iF83wwij828
#####BEAT THE f---ERS, CUT THEIR MONEY OFF#####
MAKE GROW THIS POWERFULL ACTION:
ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207
&
campaignforliberty.com/campaigns/auditthefed.php
##PETITIONS##
alternet.org/workplace/133275/powerful_banks_and_government_handouts_to_the_rich%3A_it%27s_time_for_protest
thepetitionsite.com/1/down-with-federal-reserve
petitiononline.com/fedres/petition.html
thepetitionsite.com/1/audit-the-fed
end the fed usa .ning.com/notes/Support_HR_1207_and_HR_833!
end the fed.us/media/RepealPetition.pdf
More information and petitions here:
anewwayforward.org/demonstrations
May 14th, 2009 at 12:08 pm
SEVERAL ACTIONS/ PETITIONS (HEALTH,ETC)
(wethepeoplefoundation.org)
- givemeliberty.org/revolution
(anhcampaign.org/get-involved)
- ipetitions.com/petition/anh-vitaminrestrictions/index.html
(naturalnews.com/025719.html)
- healthrevolutionpetition.org
(nocodexgenocide.com/page/page/3113337.htm)
- thepetitionsite.com/5/congressional-oversight-needed-to-stop-fdas-trilateral-cooperation-charter
- https://secure.freepress.net/site/Advocacy?cmd=display&page=UserAction&id=305
May 14th, 2009 at 12:09 pm
*************************************************************
**‘THE OBAMA DECEPTION’ with dutch/Nederlands subtitle/ondertiteling**
*************************************************************
thepiratebay.org/torrent/4879618
http://www.youtube.com/watch?v.....playnext=1
May 14th, 2009 at 12:12 pm
This is one of the biggest secrets about the federal reserve…it’s almost all Jews.
Don’t expect to see that on CNN or hardall or even on INFOWARS.
May 14th, 2009 at 12:56 pm
Abolish the fed….fine, and replace it with what?
How are you going to handle the “transition period” of replacing the Fed with something else w/o shutting down all of the institutions, organizations, and people that depend on the system as it is right now?
If we remove all ability of the Fed to collect interest off of the $ they print and then fund the gov’t with interest collected on loans to private sector borrowers, you END ALL TAXATION (a euphamism for armed robbery) and the gov’t will recieve almost 6xs the amount of $ they get through taxation.
You implement that, and the transition period will be smooth and almost imperceptable. Plus, can you imagine how great it would be to end ALL taxation?
http://www.ericwhoru.bravehost.com
May 14th, 2009 at 1:05 pm
You think you know? Find the truth about the Federal Reserve and more.
May 14th, 2009 at 1:48 pm
ok without research you can only go on an account of what the media tell you see thats how brainwashed you are instead of being lazy get the facts do your research it isnt all that hard the internet is a world of knowlege at your finger tips!
May 14th, 2009 at 4:07 pm
Bilderberg Group Meetings
1954 – 2009 Timeline
http://posmedprod.webs.com/bilderberggroup.htm
May 14th, 2009 at 4:13 pm
When the money eventually becomes worthless, who would want to work for nothing? They won’t be able to uphold a fascist dictatorship BROKE!
May 14th, 2009 at 4:17 pm
When the money eventually becomes worthless, who would want to work for nothing? They won’t be able to uphold a fascist dictatorship broke.
May 14th, 2009 at 5:15 pm
The greatest sin, as they may only be acting in self interest, of the Builderbergers and Pre-Builderbergers that made the Federal Reserve is that they completely control our culture. The level of science and technology existing now or in the near future will allow a literate and psychologically developed, mature, tolerant and open minded person to be completely self sustaining. We must live without the system or it will ALWAYS control us.
Government is a subset of society. It is peopled by individuals raised, made, by a culture. The closest humans can get to utopia is limited by how close we can get to maximum personal developement.
Since people are now accustomed to the Fedeal Reserve and our current culture of dependance the Builderbergs will have to make a quick change lest people begin to fend for themselves.
This site has been thinking outside the box since the ealy 1990’s
http://www.shout.net/~bigred/cn.html
May 14th, 2009 at 5:26 pm
Sort of good news….
On April 28, 2009, I received a letter from my House Representative. Here’s the letter:
Dear Mr. ####,
Thank you for contacting me regarding H.R. 833, the Federal Reserve Board Abolition Act.
Your concerns about the influence and actions of the Federal Reserve (Fed) are appreciated. The Federal Reserve Board Abolition Act war introduced on February 3, 2009. The legislation would repeal the Federal Reserve Act, effectively eliminating the Federal Reserve System and Fed banks. H.R. 833 is currently under review by the House Committee on Financial Services.
Your concerns that the Federal Reserve wields too much power are understandable. While the Federal Reserve was created as an independent agency, Congress does have oversight of the central bank. Twice each year, the Chairman of the Federal Reserve delivers the Fed’s Monetary Policy Report to the Congress. Please know that as your representative, I will keep your concerns in mind.
Again, thank you for sharing your thoughts and concerns.
grrrrrr……I’m not giving up until this crime organization is GONE. More email. More phone calls. I’ll put more links, more news articles, and more videos in the emails I send to my representative/senator. This is just the beginning of my emails/phonecalls.
May 14th, 2009 at 5:38 pm
hey everyone, just got my site up and running last week and i am trying to get some traffic to it.
im sure all of you will enjoy
luisfreespeech.weebly.com
keep up the good work boys
May 14th, 2009 at 7:44 pm
what money the government doesn’t have it, so they take if from us with higher taxes or more taxs on everything else. plus our tax dollars is suppose to go to the federal reserve but before it gets there the government spends it on crap like warfare, biological weapons, and anything else that deals with death……because thats what the elitist enjoy and pleasure over…is seeing there plan succeed rather than americans plan….
May 14th, 2009 at 8:43 pm
They use fear as a weapon, we use truth!
Wake the people up!
http://www.warnthepeople.org/
May 14th, 2009 at 10:33 pm
is it just me, or has geithner’s nose gotten a little bigger?
let’s not forget…
only congess shall coin gold and silver as legal tender and no state shall accept anything but gold and silver in payments of debt, nor shall any state emit bills of credit, like our current tax returns. this was a system devised my brilliant free men to protect the people by ensuring that currency with tangible value stayed in the hands of the people. but this is what we get for letting greedy bankers and politicians play jenga with the foundation of our nation.
i think is time we take the power back and cash in our double ply for gold and silver before it turns into single ply.
May 14th, 2009 at 11:00 pm
http://video.google.com/videop.....&hl=en
the REAL AMERICA
May 14th, 2009 at 11:51 pm
gold bugs unite for timmy geitner. issue gold backed b.i.s. money units, rah rah rah…
May 15th, 2009 at 1:19 am
its called the gold standard. thats how the economy is worth. research it years ago before the reserve on the dollar bills it said equal to x amount of gold. now it just says is that this note is legal tender for all debt public and private. that makes it worth what the fed wants it to be worth. the economy did fine during the gold standard era before greed and power took over the government.
May 15th, 2009 at 2:13 am
Here is a great website for anyone further interested in everything thats happening. Its an online book being written as history is being made. And it free! Its by Robert Kiyosaki author of Rich Dad Poor Dad. Its a must read.
http://www.conspiracyoftherich.com/
May 15th, 2009 at 2:20 am
So if we go to the Gold Standard again, and everybody started paying off their INTEREST payments for credit cards, loans, etc. in Gold, then the Private Lenders of the Gold would end up with all of the gold and we’d be in the same mess we’re in right now! The Gold Standard will not work in 2009 as it did then.
May 15th, 2009 at 2:21 am
http://www.ericwhoru.bravehost.com
May 15th, 2009 at 2:32 am
check this out
http://www.youtube.com/watch?v=aoyn_doplUM
Alex jones can’t even ask Bush a single ?
May 15th, 2009 at 5:20 am
I recognize no authority of this government, a bunch of imperialist fascists, criminals and theives I tell ya.
May 15th, 2009 at 7:52 am
Here is what I don’t understand. How stupid do they think we are. We all know that the markets work on stipulation. Mr. Geithner the goldman guru is well aware of this. Notice how this d- bag opens his mouth and sends the markets down 200 points!! MARKET MANIPULATION granted he is not the only one but the fact is they are stealing from the lower classes on purpose!!!
May 15th, 2009 at 7:57 am
Sure, there is corruption in the banks and the fed, but isn’t there also in Congress? That doesn’t mean I excuse it, but rather, I believe corruption exists almost everywhere. Also, I can’t understand why the writer takes issue with the Fed being ran by bankers, traders, economists, etc. I would sure feel safer with them at the helm, than with a bunch of nuclear physicists running the fed and with a bunch of bankers running our nuclear power plants. While I take issue with a lot of the wealth inequality in our nation and how the elite achieve that wealth, we must remember that a lot of the rich devote a ton of time and resources to building and preserving their wealth while the rest of us, like myself, read a paper or a research report here and there and make a decisioin based on that.
May 15th, 2009 at 8:50 am
Best investment the big WallStreet/Bankers ever made was to buy off the politicians. Check the political contributions, millions and millions covering both sides, hedged with long positions on both sides of the aisle. And it was a big winner – see the money funneled through the conduit AIG to make the counterparties whole at what they say is 100 cents on the dollar. What did they have to show as documentation to show who laid out how many of those dollars to get those 100 cents back against? There are records, then – how come nobody has to show them – the banksters show a handwritten invoice on a country club/Scores napkin (?) and get a check from the Fed thru AIG for $13 mil?? Plus, you know AIG got a bit of spread for the pass-thru. WTF – do we have to wait for Jesus to sort this out for us?
May 15th, 2009 at 11:24 am
Word up, yo!
May 15th, 2009 at 3:04 pm
Money is supposed to facilitate transactions. Money is not supposed to make more of itself. Maybe we need to reinvent money. Each government could issue bonds directly to the public based on its Gross Domestic Product or the value of the real estate it controls. Or by using commodities markets a system of barter could be standardized with loose change stored as credits at a bank. Enough wealth is concentrated at the top already to make gold much too controlable by the acien and nouveau riche.
Economics books say that fractional reserve banking is nessessary to meet the unpredictable needs of a developing economy. Accounting and record keeping were in the paper and ink stage then. With computerized recordkeeping why can’t a homeownwer loan an amount equal to the value of his home to whomever, collect the going rate and after its repaid loan it out again?
The next successful revolution will be about the person’s relation to the world economy.