reply to post by stander
This is independant of the $850 Bil bailout. This is part of that ridiculous clearinghouse of fed loans that they started way the hell back in the
first quarter of the year. You remember, the one that was systematically siphoning money off of the American taxpayer without too much hoopla or
outrage until those mean old American citizens started to get worried and made runs on Wachovia and WaMu, forcing the government to immediately swoop
in wearing their protective feathered codpiece of corporate socialism?
I applaud Bloomberg's efforts, but I have more than a few issues with it all. First and foremost is the idea that Bloomberg's CEO and founder
doesn't already know
exactly the whos, whats, wheres, and hows of any deals that go down inside the Fed. You do not get as rich or as
powerful and Bloomberg is without being in the know on virtually everything that happens on the highest levels. So maybe the news outlet should send
a few reporters to the NYC mayoral mansion to do a little interview with the Mayor. I also agree that, as a quasi private corporation, the Federal
Reserve probably has legal wranglings it can call on to prevent anything it doesn't want the American people from learning about from us.
I'll tell you, I remember the first time, as a teenager, I really sat down and thought about the fact that the United States Postal Service was a
private organization and not a federal one. I had always heard about the law regarding assault on a mail carrier being a federal offense. I had a
friend who's dad was a UPS driver and had been punched in the face by a woman's ex-husband who was trying to force the guy to hand over a package
addressed to his ex wife. It came to light that the worst that could happen to the ex husband was a simple assault charge, as the UPS is a private
carrier service, and doesn't fall under the federal mail carrier blanket of protection.
It occurred to me at that time, for possibly the first time in my life (I was only like 13 or 14), that there exists in this country a hidden tier of
power. A tier that sits above "normal" corporations, and just below the federal government in the grand scheme of things, but is shown to the
common public as being fully on the level with the government, "our" government. It is a curious thing, kind of like reading that Pharoah's slave
masters were, themselves, slaves. To the laboring, beaten slaves, all they saw when they looked at the guy cracking the whip at them was an extension
of Pharoah, which was exactly what Pharoah wanted. Had one slave jumped up and shouted to the other slaves "Hey, the slave master is a slave just
like us!" the fear would have lessened and the slave master's position of authority over the laboring slaves would have eroded. Yes, he'd have
still held the same technical power he did before, but he wouldn't have held the intangibles and would have possibly even lost Pharoah's confidence,
which could have lead to massive future problems for the slave master.
I see this the same way. The more American who know that the Federal Reserve is nothing more than the United States Postal Service, another entity
presented as being on level with our Federal Government, but really nothing more than a glorified private corporation, the quicker we have a chance of
seeing our government lose confidence and faith in it and the quicker we have a chance at eliminating it. Maybe that's why this bank bailout was
pushed so forcefully down our throats. If the commercial banks had started failing, maybe someone would have stopped and wondered why the banking
equivalent to my UPS vs USPS question almost 2 decades ago. "Why is one corporation being shielded while others are allowed to twist? Why is one
corporation being presented to us as a federal agency when it is not?"
