I have to throw in one more bone on this thread.For those that are following the charts and info that comes from the federal reserve I ask you to
please do some serious research on the federal reserve.I wish all would do research for themselves on the federal reserve.I believe it to be folly to
trust in charts and figures without finding out more of what the federal is.Recession or no recession these guys are not good at all.For those who
wont research here are a few quotes from a couple of people you might remember hearing of:
IF THE AMERICAN PEOPLE ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will
deprive the people of all property until their children wake-up homeless on the continent their fathers conquered... The issuing power should be taken
from the banks and restored to the people, to whom it properly belongs."
President, Thomas Jefferson
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over
governments by controlling money and its issuance."
"The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the
buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest."
"You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out... If people only understood the rank
injustice of the money and banking system, there would be a revolution by morning."
"I have unwittingly ruined my country… We have come to be one of the worst ruled, one of the most completely controlled and dominated governments
in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by
the opinion and duress of a small group of dominant men."
President, Woodrow Wilson
"The dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government
Bonds from the U.S. Treasury...[thus creating] out of nothing a...debt which the American people are obliged to pay with interest."
Congressman, Wright Patman
Charles A. Lindbergh, Sr. 1913: "When the President signs this bill, the invisible government of the monetary power will be legalized....the worst
legislative crime of the ages is perpetrated by this banking and currency bill."
FDR wrote: "The real truth of the matter is, and you and I know, that a financial element in the large centers has owned the government of the U.S.
since the days of Andrew Jackson."
Henry Ford said: "It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there
would be a revolution before tomorrow morning."
Ten days before his assassination, President John Fitzgerald Kennedy allegedly said: "The high office of the President has been used to foment a plot
to destroy the American's freedom and before I leave office, I must inform the citizen of this plight."
To start some research look here: www.apfn.org...
I hope this will give you just a wee bit of insight on the federal reserve who you trust for your facts and figures.