Why is this important… the FED is a private group of bankers..IE CARTEL! They just put (QE2) into effect yesterday while everyone else was watching election returns…these *&^%$#@!
dump $600 Billion dollars into our system (if we are in a summer of recovery…why are they dumping $600 BILLION into our system…can you say “controlled devaluation of the dollar…and by the way…
CAN YOU SAY INFLATION) and they plan to do this thru JUNE! They dumped 1.7 TRILLION into our system in 2008 and then by June this number will be $2.5TRILLION!! Where is the money going…OVERSEAS out of our system and added to our debt and taxes! Bloomberg just reported that Toyoko’s stock market went up today along with other overseas markets and the anchor reports…
“ is this due to QE2? The economists are saying that this money is floating overseas”…hmmm! No one (but this idiot) seems to watch Bloomberg esp. at 4AM when this stuff comes off the wire due to the difference in overseas time! INFLATION will SKYROCKET in the US within 6 months!!! These idiots are celebrating STEALING from US CITIZENS today thru SAT in my backyard!!! Bernacke swore under oath to Congress he was not going to MONETIZE The debt…what does that mean…it means robbing peter to pay paul. The FED RESERVE (not federal…a gang of cartel bankers) is buying TRILLIONS of dollars of our debt called US TREASURIES Because CHINA and JAPAN are not! They are taking dollars that are being printed by the US TREASURY and “buying them up” to keep the Ponzi scheme going… this is VERY SERIOUS!!!
Google “bernacke swore to congress not monetizing debt”
Google “money trust”
Google “money masters”
You will NOT see this in the news… ask yourself why….same reason you saw the news PROMOTE OBAMA 365/24/7 Not even Fox will promote this!
http://www.lewrockwell.com/rep/fed-returns-to-jekyll-island.html
The agenda!
http://www.frbatlanta.org/news/conferences/10jekyll_agenda2.cfm
From the Creature from Jekyll Island by Edward Griffin p. 437 & 438 (I have this book and am typing what it says on these pages…if you haven’t read this book…need to get it!)
The Jekyll Island Plan….
As summarized in the opening chapter of this book, the purpose of the meeting was to work out of plan to achieve five primary objectives:
Stop the growing influence of small, rival bands and to insure that control over the nation’s financial resources would remain in the hands of those present. (hmm…wonder who that was!)
Make the money supply more elastic in order to reverse the trend of private capital formation and to recapture the industrial loan market.
Pool the meager reserves of all the nation’s banks into one large reserve so that at least a few of them could protect themselves from currency drains and bank runs!
Shift the inevitable losses from the owners of the banks to the taxpayers.
Convince Congress that the scheme was a measure to protect the public!
It was decided that the first two objectives could be achieved simply by drafting the proper technical language into a cartel agreement and then re-working the vocabulary into
legislative phraseology. The third and fourth could be achieved by including in that legislation the establishment of a lender of last resort; in other words, a true central bank with the
ability to create unlimited amounts of fiat money. These were mostly technical matters and although there some disagreement on a few minor points, generally they were content
to follow the advice of Paul Warburg, the man who had the most experience in these matters and who was regarded as the group’s theoretician. The Fifth objective was the critical one, and there was much discussion on how to achieve it!
To convince congress and the public that the establishment of a banking cartel was, somehow, a measure to protect the public, the Jekyll Island strategist laid down the following plan of action.
Do not call it a cartel nor even a central bank!
Make it look like a government agency.
Establish regional branches to create the appearance of decentralization, not dominated by Wall Street banks.
Begin with a conservative structure including many sound banking principles knowing that the provisions can be quietly altered or removed in subsequent years.
Use the anger caused by recent panics (run on the banks in 1907) and bank failures to create popular demand for monetary reform!
Offer the Jekyll Island plan as though it were response to that need.
Employ university professors to give the plan the appearance of academic approval.
Speak out against the plan to convince the public that Wall Street bankers do not want it.
… Senator Charles Lindbergh (a REP of course and father of the aviator) screamed in Congress that this was a cartel by 8 men and the American people demanded that Congress
Due something…so it was delayed… the Aldrich Bill never came to vote. Republicans lost control of the House in 1910 and lost the Senate and the Presidency in 1912…..now the ball was in
The court of the Democrats and Woodrow Wilson! It was renamed the Glass-Owen bill and eventually passed…the FED RESERVE! Congress CREATED IT…Congress can UNCREATE IT!
Need to rush out and buy the book… Creature from Jekyll Island … before it is banned! I came across it because I was raised one Island over from Jekyll Island on Sea Island and
wondered what “creature came from Jekyll Island !” By the way, these traitors are having their celebration in the MILLIONAIRE’S village (home of the first transatlantic phone call…wonder
who that was too!) Rockerfellers, Morgans, Rothchilds,….ie JPMORGAN CHASE, Citigroup…etc founders. Hmmm….. sit back, buckle in…cause something is UP!
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