 GM, I felt it necessary to reply to your comment on my patriotism. With that said, let's have a discussion.
You are correct about the Fed, but I think you have it backwards about who controls the strings.
After Wilson made the monumental error of creating a central bank, something that Monroe, Madison, and Jefferson were all against, the banksters gained control of the printing of our currency. This I'm sure you are totally aware of. Having seen the monumental fortunes made by the Medici, the Barings, the Rothschilds, et al., they were now ready to play in the big leagues. The Founding Fathers recognized the power inherent in the control of the money. As Rothschild himself said, "If I control a nations money, I care not who makes the laws".
Just as the European banksters had encouraged, aided and abetted Europes wars, lending money to both sides, and collecting from both regardless of the outcome, so too did the Fed step up to the plate. After lending vast sums to Britain & France, in exchange for their gold as collateral, then & only then did the US step into the war. At the end of WWI, the US held 90% of the worlds gold, and a fistful of IOU's. The Treaty of Versaille slapped enormous reparations on the Germans, which could never be repaid & from which WWII was the inevitable outcome.
It was a period VERY MUCH like today.
Not content with the lack of action after Korea, the military-industrial complex that President Eisenhower warned us about, pulled off a coup d'etat & got 10 good years in Vietnam.
The Gulf wars are a clear attempt to secure middle east oil supplies, and the war in Afghanistan was begun just after the Taliban visited Bush in Crawford, Texas, and declined to sign a pipeline deal with Conoco. Who did Kharzai work for before becoming Afghan President? Conoco.
It is not the politicians compelling the Fed to print more money, it is the Fed telling the politicians what to do, effectively pulling the puppet strings on these game show hosts.
It is the Fed (and all banksters) that has promulgated every boom & bust cycle for centuries. It is how they control economies & suck the wealth out of them. Would it surprise you to know that the Rothschild family is estimated to own as much as 25% of the wealth of the planet?
In the past 20 years, the top 10% of the US population has gone from owning 37% of the nations wealth, to owning 70% today. This massive wealth concentration has been accomplished by crushing the middle class in these engineered bubbles & busts. The banksters knew what they were doing during the housing boom.
Then they convince their political puppets that they are too big to fail, and suck TRILLIONS more out of the national wealth. Since the Fed was founded, the dollar has lost 98% of its purchasing power. It has lost 50% in just the past 4 years. Yes, the banksters, and their "economist" stooges, DO create inflation deliberately. Thats exactly how they win. When currencies are destroyed, and economies collapse, the banksters hold all the IOU's, and all the cards.
Who is a patriot today?
Ron Paul.
End the Fed.
Stop the wars.  Commented 4773 days ago |
