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Geithner to Give Federal Reserve (Private Bank) Complete Control Over Economic Regulations (Breaking

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posted on Mar, 16 2009 @ 11:41 AM
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Geithner is Proposing and drawing up the plans for the Fed Reserve (private Bank) to have control over our economic risks.

In other words, the Fed Reserve will have Control over who can and can not do things with money in the United States!

Read between the lines......

link to news source: www.newsdaily.com...


WASHINGTON, Mar. 16, 2009 (Reuters) — U.S. Treasury Secretary Timothy Geithner will soon propose an overhaul of the financial regulatory system that is expected to give the Federal Reserve powers to monitor broad economic risks, a Treasury spokesman confirmed on Monday.

As officials grapple with the worst financial meltdown since the Great Depression, government officials plan to outline a revamp of controls over banks and financial institutions aimed at preventing a repeat of the crisis.

Geithner is due to soon outline proposed changes that are also expected to include tougher capital standards for banks, according to a report in the Wall Street Journal that a Treasury spokesman said is accurate.

The administration's goal is to unveil its proposals before the meeting of the heads of state of the Group of 20 rich and developing economies in early April, the report said.

The rules are further expected to aim to ensure that banks cannot shop among different regulatory agencies to obtain the most lenient supervision and require more transparency and stricter rules for the way money flows between banks.


The control of the U.S. will actually be handed over to the bankers - outright and in the opened................. in the form of "being better controlled economy"!

The Fed, will have the powers to CONTROL all OTHER Banks!

So thus, they will have CONTROL of ALL U.S. MONEY!

It is being done right in front of our eyes! Isn't that the best way? The Best conspiracies are done out in the OPEN - so None DARE call it a "conspiracy"!?








[edit on 16-3-2009 by questioningall]




posted on Mar, 16 2009 @ 12:02 PM
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Kinda makes you wonder where his loyalties are to us or his former employer....THE FED!

Like you said, if they do this in plain sight then no one "should" be able to yell foul. Okay the sheeple may not, but we know so much better. Sad isn't it, we are being sold out.



posted on Mar, 16 2009 @ 12:10 PM
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reply to post by redhead57
 


They are also busy giving control of the food supply to IPC a food cartel. Obama and the Democrats sure did mean change. Change from freedom to serfdom under the Banksters and Corporate elite.

In Sept. 14, 1994 David Rockefeller, speaking at the UN Business Council,.
"This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long - We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order."

Rockerefeller also said "...It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries."

He was speaking of the News media who sold the USA to the globalists.



posted on Mar, 16 2009 @ 02:56 PM
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reply to post by crimvelvet
 


What is a shame is most people are completely oblivious to what is "really" going on............. and they will look at the control of the economic situation from the Fed Reserve as a "good thing", not knowing the Fed is a Private Bank, not owned by the U.S.!

Why doesn't someone in the media make sure people know it is a Private Bank and not a U.S. entity!

Hey, Jon Stewart, should start something about it!



posted on Mar, 16 2009 @ 02:58 PM
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This cannot happen.

If this is proposed we have to get the word out.



posted on Mar, 16 2009 @ 03:03 PM
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I cannot remember a day in say the past two weeks when I haven't felt physically ill after reading the "breaking news..."

It truly does seem like it's all charting an absolute collision course with our fate in the middle.

This is in a word: FUBAR



posted on Mar, 16 2009 @ 03:03 PM
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All we can do now is only hope that the ptb (you know who this is), have the best interest of humanity in mind. Who knows, it may lead to a world where capitalists no longer control all the wealth, and more is distributed to the people.


Consolidated consumer protection enforcement is also among contemplated changes.


It's possible that they might.

[edit on 16-3-2009 by Techsnow]



posted on Mar, 16 2009 @ 03:39 PM
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reply to post by questioningall
 


Great Topic!

While we would all be agreed that Geithner's proposed change in regulations to make banks hold greater capital would be a good thing it llooks like they do not want to just "fix" the problem.

I believe they will use this financial meltdown to gain broader control.
It is kind of like the Patriot Act, only for the Banks!



posted on Mar, 16 2009 @ 03:44 PM
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Wait a moment and stop the press!!!!!!!

This one I have been following since the public outraged when the first bail out bill was been created, one of the reason people got so outraged was because the powers that the Federal Reserve was looking for.

And now the Obama administration is doing this to us?.

what is Obama doing about it, or now we are to finally come to the conclusion that Obama is when it comes to the Federal Reserve and Bernanke is nothing more than the second hand man.

Time to inundate the morons in congress phones and e-mail accounts to wake them up.

Please I am still waiting for the scream to action so I can prepare to take the streets with my fellow tax payers in protest.



posted on Mar, 16 2009 @ 03:46 PM
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reply to post by burntheships
 


Still the secretary of treasury is nothing but that a Secretary this will need congress and presidential approval.

This is a private entity people!!!!!!!!!!!!!!!!!!!!! no the government.



posted on Mar, 16 2009 @ 03:47 PM
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I've been reading all of your threads, they're outstanding! I have starred and flagged them all. This is really important information to get out to as many people as possible. Not just the economics, but the post about all the food going through the food cartel is outrageous and paramount as this is the difference life and death and can never be handed into a small groups hands.
Its time for people to wake up, ASAP.



posted on Mar, 16 2009 @ 03:52 PM
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Basically it all ends with the treasury and the federal reserve being merged into one entity. Not a terrible thing in my opinion. And the incresed regulation will keep the banks/brokerages from doing this again. All in all not a bad solution.



posted on Mar, 16 2009 @ 05:35 PM
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reply to post by disgustedbyhumanity
 


No - it does NOT merge the two............ it then gives an Independent entitiy CONTROL of the U.S., which is what the ultimate goal to all of this was in the first place!

The treasury, is suppose to look after the U.S. interest.........

The Fed Reserver looks after their OWN interest!

There is a HUGE Difference!

To give the reigns to The Fed......... to regulate our economy............ then you can expect more Monsantos and control of every aspect of the U.S. and forget in individually owned companies.

They are doing it OUT in the OPENED - because the American People are asleep and have NO CLUE the Fed is not a Govt. entity!

[edit on 16-3-2009 by questioningall]



posted on Mar, 16 2009 @ 05:55 PM
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reply to post by questioningall
 


This ensure that when the proposed global new bank gets enacted like Bernanke has been talking about US already is under the control of the corrupted bank cartel that is behind the Fed.

This can not be allowed to happen, people for goodness sake America is our country not the federal Reserve country.

WAKE UP!!!!! call congress,!!!!!!!!!



posted on Mar, 16 2009 @ 07:56 PM
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reply to post by questioningall
 



Geithner tipped us all off last week when he spoke of introducing the idea
of another level of regulators on equal level with the IMF...
his creation would act as 'Global Supervisory Group'

While this new entity will augment the IMF, World Bank, BIS....
the GSG will be proactive in manipulating the assets & products the
member banks can create and then market and sell or hold in their treasuries.... iow keeping tabs on the ammount & nature of the exotic derivatives the firms create & issue , which should result in not again having the credit & transer of 'swaps' freeze up financial commerce.



Treas. Sec. Geithner, (former Head of the NY Fed ) has a similar entity to be created here in the USA, and OKed by Obama & Bernanke...
lets title it: 'Sovereign Supervisory Group'


Of course it will have more power than the present SEC, but will have
the authority of either the Treasury department & the Federal Reserve itself... and there will be a flurry of activity to change the current FASB rules over the next 90-120 days to accomodate the new agency !

~~~ the bottom line is that the old Soviet concept of a Financial
Central Planning Group is being put into place~~

freemarket capitalism will be absolutely dead, or so controlled that
the SBA (small business administration) will operate like a Patent Office.

all this instead of eradicating the toxic OTC derivatives,
or wisely reinstituting the Glass-Steagel Act which for 75 years
prohibited the banks & firms from creating debt paper out-of-thin-air
(AKA the Derivatives that were issued at something like 80-1 leverage
which resulted in the present series of systemic crises.)


by-by-miss american pie.....(etc)


[edit on 16-3-2009 by St Udio]




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