29 March, 2008

The Federal Reserve to Become More Powerful?

Posted by Socrates in Federal Reserve system, jewed finance, Jewish banking, Socrates at 10:51 pm | Permanent Link

The Fed – a private corporation that somehow has a “.gov” web address – already has enormous power over our economy. Now, it appears that it may be granted even more power [1][2]:

[Article].

[1] more about the Fed (note the definition of a “dollar”): [Here] and [Here]

[2] the Fed was Jewish banker Paul M. Warburg’s “baby”: [Here]


  • 12 Responses to “The Federal Reserve to Become More Powerful?”

    1. New America Says:

      When Bernanke became head of the Fed, I reviewed his commentaries on the First Great Depression, and juxtaposed it against Martin Anderson’s EXCELLENT economic history.

      I am convinced Bernanke has exactly repeat EXACTLY one goal, and that is to maintain the values of the asset base of the financial institutions.

      Period.

      That means recent exercises in playing “Mark to Market” games, a la the Basel II Accords, are being put on STOP.

      After all, how can you “mark to market” CDOs Squared, where there is the creative accounting fiction of one and only one (“unique”) counterparty to the transaction?

      You can’t.

      The proposals will gut the SEC, by merging it with the controlled “controller” CFTC – which Wendy Graham used to run, if memory serves – which might as well be a front for the Wall Street Team.

      A hidden agenda of the proposals, which the Administration is dead serious on pushing, is to assert Federal control over certain operations, which would preclude ever having any effective State action, like Elliott Spitzer did when he was the AG in New York, and as so many states are getting ready to do over the mortgage creation and funding games.

      (Incidentally, when you hear the word “Market Stability,” just think of “price fixing for Wall Street, at the expense of Main Street.”)

      Wall Street has spent most of the last decade – particularly since Clinton repealed Glass-Stegall – with creatively keeping losses away from the bank, until the time is ready for the bank to go under, having privatized the profits, and given the public responsibility for the losses.

      This is not good for the USD, at all.

      IF they were serious – and, remember, currency is now pretty much digital – they would force the rapid and ruthless adoption of Financial XML, which would make a lot of the work of the “regulators” unnecessary.

      There are lots of evil Games to be seen here, in the next couple of years.

      For instance, why should a municipality have municipal bond insurance, when there have been ZERO defaults on muni bond principal, and the very few missed interest payments were quickly cured?

      Why, it looks like a scam, a market hustle, of pure economic profit, as the “insurance” is sold to help something less than a triple “A” rated instrument BECOME triple “A” rated.

      Pure economic profit – to the insurance cartel for muni bonds.

      And THAT is just for openers.

      Financial XML – once we have adopted it, we will be getting somewhere, in a digital economy.

      New America

      An Idea Whose Time Is HERE!

    2. Newe Dutch Says:

      The Fed – a private corporation that somehow has a “.gov” web address…

      The Fed’s jewish owners have to maintain the illusion that it’s a state-owned bank, hence the “.gov” address and the word “Federal” in its name.

      If people found out that a privately owned bank was issuing our currency and controlling its value, they’d become suspicious and start asking questions.

      Privately owned banks have no rightful authority to create paper money or arbitrarily assign value to it….only state-owned banks do.

      Even hicks understand this.

    3. Z.O.G Says:

      Newe Dutch,

      You say that “even hicks understand this”. Well, that may be true, but 99.9% of all suburban white yuppies do NOT. They really have no clue at all about any of this. Sad but true.

    4. -jc Says:

      Here’s how they keep it, as Hollywood had a film mafioso put it referring to his “mouthpiece” (attorney), “nice and legal.”

      “Title 5 Government Organization and Employees
      CHAPTER 1
      § 103. Government corporation
      For the purpose of this title—
      (1) “Government corporation” means a corporation owned or controlled by the Government of the United States; and
      (2) “Government controlled corporation” does not include a corporation owned by the Government of the United States.”

      The U.S. Postal Service was essentially “privatized” as part of Nixon’s Revenge. Its purpose has always been to keep tabs on everyone and reports to the keeper of the master list of names and addresses, the U.S. Department of Defense, locally at the county level in the voter registration office. You are presumed to be a member of the body politic and to have therefore given your tacit power of attorney to consolidated government.

      The U.S. Postal Service is a 5 USC § 103(2) “Government controlled corporation” does not include a corporation owned by the Government of the United States.

      “If the American people ever allow private banks [Federal Reserve System]to control of the issuance of their currency [fractional reserve banking], the banks and corporations that will grow up around them will, first by inflation and then by deflation, deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” –Thomas Jefferson

      ?Permit me to control the money of a nation and I care not who makes its laws.” -Mayer Amschel Bauer, patriarch, Rothschild/Red-shield international banking dynasty

    5. -jc Says:

      Oh, I forgot to include a couple more things about the Post Office. Those of you who have Arch Roberts’ old newsletters, refer to the one What’s wrong with the Post Office for even more irritating information. Consider that the purpose of the government-enforced monopoly on the mails, like the government “licensing” of banks, is simply what was referred-to early in post Civil War history as placing “a lieutenant at every crossroads” (Most Postmasters are the most officious, bizarre drones you will ever encounter– See Men in Black II (2002)) . Then you will understand why no one is allowed to compete with the Post Office, regardless of their efficiency, except in the area of parcel delivery, e.g., U.P.S. and “Federal” Express.

      Sorry for the typo, the “?” instead of quotation marks before the quote by Rothschild, nee Bauer.

    6. -jc Says:

      And that’s http://www.usps.gov (dot gov)

    7. -jc Says:

      Aliens and the Post Office: Men in Black II Post Office scene here: http://movies.yahoo.com/movie/1805535166/video/2960466/20020430/0/2960466-56-wmv-s.2932260-0,2960466-300-rnv-s.2932287-0,2960466-100-wmv-s.2932258-0,2960466-300-wmv-s.2932242-0

      The U.S. Postal Service also operates the Dinero Seguro program whose sole purpose is exporting currency to Mexico and points South that will never circulate in America again. You think eliminating that rather than tax refunds to those who never paid taxes in the first place might be an effective “economic stimulus” measure? In MANY nations, if you are caught mailing “money” or leaving the country with more than just a little pocket change, you will be incarcerated and, in some places, tortured.

      USPS Postal News: Send Money Home Securely with “Dinero Seguro …
      Nov 28, 2007 … The U.S. Postal Service offers Dinero Seguro (usps.com/money/suremoney) and Postal Money Orders for those customers, providing them with a …
      http://www.usps.com/communications/newsroom/2007/pr07_090.htm – 8k –

    8. -jc Says:

      The great foreclosure here: http://www.maxexchange.com/ybj/chapter15.htm

    9. Olde_Dutch Says:

      The serious issues, not conspiracy theory, are that the FED may well be operating in violation of its charter. (In my humble opinion, the FED is operating in violation of its charter.) One broadcast violation is the acceptence by the FED of non-Treasury issued commercial paper/bonds in lending transactions with the FED.

      The other big issue here is that, there is a massive conflict of interest in which the banks are attempting to regulate themselves, and are now willing to lend money to investment banks which are not commercial banks, and should be outside of the scope of the FED.

      Btw, you can make a strong case for the de-centralized Federal Reserve System being a creation of the Jeffersonian Deomocratic influenced Ku Klux Klan.

    10. Arch Stanton Says:

      Perhaps this would be a good time to start addressing the purposefully misnamed “Federal Reserve” by the more accurate title of “Private Wealth Reserve.” This might also be a good time to redesign the American flag to feature a white field over-laid with thirteen black stripes and a smaller field of baby blue in the upper, left-hand, corner. Centered on the field of baby blue will be emblazoned three, golden, stars of David situated in a pyramidal triangle. The underlying white field represents the surrender of American national sovereignty to an internationalist authority. The thirteen black strips signify the long dead intent of the thirteen colonies’ original founding fathers and the baby blue field in the upper, left-hand, corner signifies the founding authority of the modern provincial states. While the three, golden, Stars of David recall the successful enslavement and destruction of ancient Egypt, they actually represent the ruling sovereignty of those whose name cannot be mentioned, over the emerging, three region state known as the “North American Union.” The flag should be made of the cheapest material possible under the lowest contractors bid and should produced in a foreign land, preferably China. The flag should also be designed to tatter and fade after a few weeks of display. Perhaps in keeping step with other clever, bumper sticker slogans, we should also adopt the motto “These colors always run.” What modern “patriot’s” heart would not swell with senseless pride viewing this flag fitfully fluttering and dissolving in a mild Zephyr? Is this not the very least we could do to recognize and appease our masters whose name cannot be spoken?

    11. Newe Dutch Says:

      The serious issues, not conspiracy theory, are that the FED may well be operating in violation of its charter.

      Conspiracy “theory”?

      The Fed’s usury racket is real.

      That’s an undeniable fact.

      There’s nothing theoretical about it.

    12. Z.O.G Says:

      Olde_Dutch,

      I would say that an even more serious issue than the one you raise is the fact that the Federal Reserve System is Jewish controlled and dominated. This can be proven very easily, just by visiting the Federal Reserve Board of Governors’ official website.