Tag Archive: Federal-Reserve


For Our Country | Maggie’s Notebook

From: John Porter

To: Americans everywhere

English: Barack Obama delivers a speech at the...

I was sitting at my keyboard halfway through my writing a letter to you about how Barack Obama was fulfilling his pledge to “Transform America” by “Changing the fundamentals of America”, so that our government would become the plantation, he the owner, and we the slaves, when this article by Steve McCann appeared in my in box. After checking it for accuracy, and finding it so, I put my writing on hold and here present it to you, for I could not say it better.

…Is it already too late?

Obama’s Second Term Transformation Plans

The 2012 election has often been described as the most pivotal since 1860. This statement is not hyperbole. If Barack Obama is re-elected the United States will never be the same, nor will it be able to re-capture its once lofty status as the most dominant nation in the history of mankind.

The overwhelming majority of Americans do not understand that Obama’s first term was dedicated to putting in place executive power to enable him and the administration to fulfill the campaign promise of “transforming America ” in his second term regardless of which political party controls Congress. That is why his re-election team is virtually ignoring the plight of incumbent or prospective Democratic Party office holders.

The most significant accomplishment of Obama’s first term is to make Congress irrelevant. Under the myopic and blindly loyal leadership of Harry Reid and Nancy Pelosi, the Democrats have succeeded in creating an imperial and, in a second term, a potential dictatorial presidency.

During the first two years of the Obama administration when the Democrats overwhelmingly controlled both Houses of Congress and the media was in an Obama-worshiping stupor, a myriad of laws were passed and actions taken which transferred virtually unlimited power to the executive branch.

via For Our Country | Maggie’s Notebook.

Structure of the Federal Reserve System

(NaturalNews) This is it, folks: the final chapter of America’s great financial blowout has begun. The Federal Reserve’s decision to announce “infinite” quantitative easing has now put us all on the path of infinite money creation. With up to $85 billion in monthly money creation — including $40 billion a month in purchases of mortgage-backed securities — the Fed is now wholly committed to the creation of new fake money to cover old fake debts. Mathematically, this financial death spiral can only end in sheer catastrophe.

This massive money creation tactic is the Fed’s last-ditch plan to desperately try to save the economy. “I think the country should have panicked over what the Fed is saying that we have lost control,” said Ron Paul, “and the only thing we have left is massively creating new money out of thin air, which has not worked before, and is not going to work this time.”

Peter Schiff added, “This is a disastrous monetary policy; it’s kamikaze monetary policy.” (End Of the American Dream)

And he’s right. It’s suicide. It’s also highly offensive to anyone who can actually do math… which, sadly, isn’t that many people these days.

Steal from the poor to give to the rich
Quantitative easing, you see, is essentially the Federal Reserve creating money and then handing it to the richest banks. Meanwhile, all that new money floating around erodes the value of the dollars in the hands of the working taxpayers. So their grocery bills go up. Their fuel costs go up. Their daycare costs increase and their utility bills creep ever skyward.

But the rich banksters are simultaneously rolling in FREE Fed cash, and instead of actually lending this money out and doing something useful with it, they crank up their own executive bonuses to make sure they get paid while the rest of the economy crumbles. And why? It’s simple: Because people are crooks, and if they get handed $40 billion a month in free money, they’re just going to grin and say, “How can we get MORE?”

via Infinite quantitative easing (QE3) now initiated; the final chapter of America’s financial blowout has begun.

Capitalism and its defenders maintain dominance through the ‘material resources’ at their command, especially the state apparatus, and their productive, financial and commercial enterprises, as well as through the manipulation of popular consciousness via ideologues, journalists, academics and publicists who fabricate the arguments and the language to frame the issues of the day.

The Politics of Language and the Language of Political Regression.

In looking at and assessing the economic paradigm of John Maynard Keynes — a man himself fixated on aggregates — we must look at the aggregate of his thought, and the aggregate of his ideology.

Keynes was not just an economist. Between 1937 and 1944 he served as the head of the Eugenics Society and once called eugenics “the most important, significant and, I would add, genuine branch of sociology which exists.” And Keynes, we should add, understood that economics was a branch of sociology. So let’s be clear: Keynes thought eugenics was more important, more significant, and more genuine than economics.

Eugenics — or the control of reproduction — is a very old idea.

In The Republic, Plato advocated that the state should covertly control human reproduction:

Keynesianism & Eugenics |.

The Federal Reserve: The Biggest Scam In History

That and the fact that the economic data was coming in relatively perky, at least in terms of the headline data, made it highly unlikely that the Fed would do any more money printing.But here’s the thing. They are what the Fed and Wall Street casino owners want you to think. The Fed wants the market to go higher, but it doesn’t want commodities to go with it, so its story line is that the economy is healthy enough to continue growing without more QE. That gives traders reason to continue buying stocks, and no reason to buy commodities, which everyone “knows” go up when the Fed prints, in spite of Bernanke’s denials. We won’t know the real story until February 2018 when the Fed will release the transcripts of this year’s FOMC meetings. The decisions the Fed wants you to make are to buy stocks, bay and hold Treasuries, and sell commodities.The Fed’s Con Appears To Be Working But The Curtain Is Rising On The Third Act | ZeroHedge.

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