The private Federal Reserve is in total control of the American public and America’s economy.
Congress and the President through financial reform legislation has given absolute control over our financial system to the very secret, very private Federal Reserve.
The Federal Reserve is the privately owned, largely foreign owned, central bank of the United States which has always operated in total secrecy and with zero accountability.
The new financial regulation law also exempts the [SEC] Securities and Exchange Commission from public disclosure.
The American public won’t have a say in what is being done to our financial system. The Fed will regulate in total secrecy with the usual zero accountability.
The Fed’s foreign owners will have a say over America’s economy and the American financial system from behind the scenes.
Undermining the entire financial system by design. You can’t make this stuff up folks.
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The signing of the financial reform bill into law gives the government / big brother yet more authority.
Another unnecessary government intrusion into private businesses. And more power and wealth to the Fed and Goldman Sachs.
Obama’s vision of bankrupting America is right on track for his globalist offshore banking bosses.
True financial reform would have been reform of the private Federal Reserve.
” Once you allow governments and a secret bank like the federal reserve to create money out of thin air … the deficits are huge today because of the Fed. It couldn’t happen if you didn’t have the federal reserve as the lender of last resort to the politicians.
But there’s a collusion here – the Conservatives like to do it to fight wars, Liberals like to do it to have unlimited welfare. It benefits both the conservatives and liberals, and it destroys the money ultimately.” – Dr. Ron Paul
” these reforms represent the strongest consumer financial protections in history… there will be no more tax-funded bailouts period.” – Obama
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Rep. Alan Grayson (D) Fla. laughed at Federal Reserve Chairman Ben Bernanke during his questioning before the House Financial Services Committee.
The US Congressman from Florida , Alan Grayson focused on the Fed’s handouts to Foreign Central Banks. These “Central Bank Liquidity Swaps” rose from a total of $24 Billion at the end of 2007, to over $553 Billion by the end of 2008.
Grayson: “So who got the money?”
Bernanke: “Financial institutions in Europe and other counries.”
Grayson: “Which ones?”
Bernanke: “I don’t know.”
Grayson: “Half a Trillion Dollars and you don’t know , Who Got the Money?”
Grayson: “Well, look at the next page – the very next page has the US Dollar nominal exchange rate, which shows a 20 percent increase in the US Dollar nominal exchange rate at exactly the same time that you were handing out Half a Trillion Dollars. You think that’s a Coincidence?”
Is Anyone Minding the Store at the Federal Reserve? The Question of the Day: ” SO WHO GOT THE MONEY? ” – Alan Grayson
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Recession news had the Dow dropping another 766 points, the second-largest point loss ever. This wiped out almost all of Mondays Sucker Rally of 936 points, the greatest one-day rise ever.
Mad Money Jim Cramer has stated that GM is almost certain to file for bankruptcy.
The credit crunch is destroying wealth and making it difficult for middle class customers to buy.
Ben Bernanke says more difficulties lie ahead for the US economy.
The Beige Book by the Federal Reserve reported a shaky economy and RECESSION, with retail sales plunging in September by 1.2 %, double the 0.7 percent drop analysts expected.
DJIA took another Beating Today. Buckle up. It’s going to be a bumpy ride in these very uncertain times.
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The stock market took another nosedive Wednesday losing another 450 points – another $700 billion in investments vanished. It’s all very volatile, it’s all manipulated by the elite powers that be.
WAMU, Washington Mutual, appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and banking regulators began approaching the most logical buyers.
With most Americans now preoccupied about their own future financial security, the one thing they do not want to hear is how they will end up paying the bill for poorly managed companies, federal reserves and fascist governments. You didn’t think you were living in a democracy, did you?
The Federal Reserve, the secretive private bank, controls America’s entire economic system. Created with no constitutional authority in 1913, the Fed prints money out of thin air and loans it to the U.S. Treasury at interest. This can only lead to one outcome: debt. Currently, the Federal Reserve is printing billions of dollars to bail out Wall Street while destroying the middle class and the dollar. If our country wants a sound and transparent monetary system, we need to abolish the Federal Reserve and bring the power back to the American people.
Did I Mention, Wake Up People
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