Tuesday, August 19, 2014

People of the nation do not understand our banking and money system

It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.

Henry Ford


What does this graph mean?

If you divide the S&P 500 Index by the size of the Federal reserve balance sheet, you see the true purpose of QE1, QE2, and QE3. It wasn’t to save Main Street. It was to save Wall Street. Without the Federal Reserve funneling fiat to the .1% banking cabal and creating inflation in energy, food, and other basic necessities for the 99.9%, there is no stock market recovery. The recovery has occurred in Manhattan and the Hamptons. It’s been non-existent for the vast majority of people in this country. The wealth effect and trickle down theory have been disproved in spades. The only thing trickling down on the former middle class from the Fed is warm and yellow.


When you consider the fact that the Federal Reserve System is the central bank among the central banks of the world, at least for the present, you begin to understand how a tiny handful of people, who are in charge of an institution that is beyond political control, and whose ownership is concealed with respect to the 12 regional banks, is in control of the economy.

This is central planning. We should call it what it is. I know of no socialist government in the West that has ever had the same degree of power over the entire economy that the Federal Reserve System has in the United States.

I’m not speaking here of the Soviet Union or Communist China. The Federal Reserve was never in a position of being able to have people arrested in the middle of the night, carried away, and executed. But if you’re talking about central planning over the central institution of the economy, this is true central planning.

It is licensed by the federal government, but it is not controlled by the federal government.

The Daily Reckoning

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
Thomas Jefferson

And we now have a banking cartel (Fed), an internal spy network (NSA), a police state, and a standing army.

The training manual outlines scenarios under which, “Civil unrest may range from simple, nonviolent protests that address specific issues, to events that turn into full-scale riots.”

The most shocking aspect of the document is the fact that it describes the deployment of a “lethal response” directed against “unarmed civilians,” including “sniper response” and “small arms direct fire.”

Under the heading “sniper response,” the document states, “Ensure that target leaders or troublemakers are targeted,” in addition to a passage which states, “Exploit the psychological effect of an attack.”



Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety

Benjamin Franklin

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison