2 posts tagged “us”
Ben Bernanky has reason to fear the fate of the Fed...
This page provides interesting information which briefly explains portions of the historic background of the Federal Reserve and reasons why the petition to abolish the Federal Reserve Act of 1913 was created. This petition is just one effort drive to get rid of the private entity that was created under the guise of protecting our economy and became the official controlling force of our economy and currency approximately 17 years before the Great Depression that was sweeping the world cast its dark clouds on our country.
One of the best bi-partisan US House bills I've seen in my life is the one by Ron Paul (Republican, Texas) and Alan Grayson (Democratic, Florida) to audit the Federal Reserve. The House Finance Committee recently approved this bill with an impressive bi-partisan vote of 43 - to - 26.
House Finance Committee Chairman Barney Frank (Democratic Blue Dog, Massachusetts) opposed the bill. He urged other committee members to do the same, but 15 Democratic members of the House Finance Committee backed the Ron Paul/Alan Grayson bill in an effort to rescue our country and its economy.
"The measure, cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), authorizes the Government Accountability Office to conduct a wide-ranging audit of the Fed's opaque deals with foreign central banks and major U.S. financial institutions. The Fed has never had a real audit in its history and little is known of what it does with the trillions of dollars at its disposal."
A Rasmussen poll taken last summer revealed that the Federal Reserve is less popular than the IRS and 75% of poll participants favor auditing the Federal Reserve.
Bernanky and other Federal Reserve insiders probably know that this effort to audit the Fed, to expose its family jewels (secrets), and abolish its power over US currency, inflation rates, and the banking, lending and insurance industries will most likely get overwhelming public support. He's hearing our shouts, "We're mad as hell! We're not going to take this crap anymore!" Ben Bernanky is on the PR circuit, trying his utmost to save his powerful job.
He claims that an audit of the Fed will hurt the economy. Quite the contrary! The Federal Reserve has participated in the destruction of our economy while sitting on a mountain of multi-trillion dollars in US currency.
Have you seen the ads that encourage the public to sell their gold items through the mail? Like the ones on TV where we're told that we just drop our gold items in one of Such-n-Such company's envelopes and then safely mail it to receive cash in return?
I've seen those commercials in English and Spanish. One company's ad shows us a brief visual "tour" of how the gold is collected and melted, then sold in bouillons to the US government.
I wonder if people actually mail in their gold items and expect an abundant cash return in the mail? I do not believe that these cash for gold mail exchange companies operate that way. I don't even know if they actually send a check in the mail, or if they are stupid enough to send cash.
Do yourself a favor. If you have gold items, especially made of pure gold, hold onto them. Keep them in a safe place. Not in a safety deposit at a bank and not in the jewelry box, especially if you have one that is kept on a vanity, or dresser. Use your imagination and don't underestimate the investigative power of thieves.
While the Bush-whacked percentage of Americans argued for years that the Bush regime was "growing" our economy, I expected a market crash on Wall Street before Bush and Cheney left Washington D.C. (I suspected that they'd get another four years and I prayed that they would not find any way to continue holding this country hostage after then.) I told many Bush-whacked Americans to expect this crash. One of my own Bush-whacked relatives told another to shift his investments from the stock market into purchases of actual gold because the market is going to crash.
That other Bush-whacked relative (with the money) refused to do it. He argued with the relative that had offered this advice some time after he had angrily argued with me in June 2003 over our differing views of how the Bush regime's US foreign wars would dearly cost us all. He confided in the other Bushwhacked relative that he had lost a fortune (it was before 2006). He lost more money when the market crashed last year.
Some people laughed at my warnings. Others tried to argue me down (like that relative). They told me that I must have gotten my information from some crackpot liberal media source off the Internet.
I did find my sources on the Internet. It was in 2002 shortly after the author published the essays which were my original sources. They are still available online at the From The Wilderness site:
Moving On Gold, by Michael C. Ruppert
Analysts: Stock Market Heading Toward Crash, Present Rally Called 'Comic Relief', by Joe Taglieri (FTR staff writer)
Predictions made by Ruppert and a number of his sources and associates usually turn out to be accurate. The timing and severity have been a bit off, but these sources provided more reliable information about topics at hand than sources in the corporate and partisan media. See for yourself. (No wonder why some people tried to kill Ruppert, and certain others have been trying to discredit him and a number of his associates.) I never hoped that his dark predictions would come true. When they do, I take no delight in telling some people, "I told you so."
Ruppert, as well as, Stan Goff (retired US Special Forces), were among my earliest sources to lead me to the oil and war connection. I had heard some casual talk about "peak oil" and talk of oil and gas price hikes and shortages off and on for several years, but I dismissed the sources as flakes that got all their "information" from a sci - fi movie.
The majority of people throughout a nation, or a collection of countries controlled by a single empire, might endure mass unemployment, vanishing commerce, crops and cattle; they might lose their homes and go hungry and do without any kind of aid, including medical; while their schools fall to abandoned ruins while members of their own government and their aristocratic relatives and friends sit on piles of gold. They'll hoard that gold until they have a self-serving purpose to release it to the public.
On Oct. 30 the Moscow Times reported that the Russian "[G]overnment plans to sell 25 tons of gold from the state precious metals and gems repository, Gokhran, possibly on the local market, Interfax quoted a Finance Ministry official as saying Thursday." If you read the aforementioned (linked) essays and then read this, it ought to give you something to think about for a while. Believe me when I tell you, there is more. Oh, so much more than this little blogger can include in a single post.
There is a new documentary out that received positive (and bone chilling) reviews after it was featured at the recent Toronto Film Festival. The title is Collapse, produced by Chris Smith. Michael Ruppert is interviewed in this documentary. Click the link to see if it is playing in a theater in your area when it opens in theaters on Nov. 6 for a one-week run in a number of cities in the US and Canada.