posted on Sep, 26 2009 @ 09:45 PM
It is still a wonder to me that people (in general) don't seem to grasp the moral hazard involved with allowing the Fed to exist. The word parsing
and verbal tomfoolery of some of the committee was embarrassing to witness.
Of key in considering the fate of the Fed is not what they say they are doing, or what they contend they are charged with, or the confidence, almost
faith, they simply demand to execute their "policy". What I believe is necessary is something that is being purposefully ignored and utterly
The creation of the Fed, the conspiratorial way it was introduced, after it's initial rejection, and its overt manipulation of the public media were
harbingers of the intent behind the institution.
While the ideal would be some magical way to eliminate political influence from the business of managing the economy, the Fed is equally, if not more
susceptible to influences even less accountable to the people. And the truth of that statement should be self-evident.
Remember the scenarios upon which people based entertainment shows where the President was a madman or some such thing with his finger poised on 'the
button'. The Fed has it's own button, and the threat of its power has been held against the political body for a very long count of years. There
are questions that certainly can't be asked, because the government 'went along' with it - each government term has lived with it, and left it be.
Political complicity is necessary to engender this kind of profiteering. While many would be paper heroes will feign a rallying cry, even they know
that their very foundation, the party itself, will not sit idly by while it becomes clearer and clearer that their innermost core either looked the
other way, or lacked the moral courage to fight them.
During the existence of the Fed, secret members held close the secret of the true nature of market manipulation, and how they have created an empire
siphoning off the wealth of this nation..., and this holds equally true for many of our G20 friends and others.
The Central Banking cartel is now a supranational powerhouse. And we are only interfering with one of its limbs.
My fear is that they will create exactly whatever scenario they need to ensure that the abuses of their membership never see the light of day.
And we will allow this continued conspiracy of silence to go on, lest they punish us further.
Who is the Fed? Who are her 'members' (all of them)? Where is our gold? What axiomatic principle of mathemagic have they invoked like some spell
over sane minds to make politicians believe that private bankers were worthy of such 'freedom' and 'independence'? And how did that become
When the Banking cartel is privy to the underpinnings of global economic mechanics, but the rest of the market is not, is the market truly 'free'?
How can anyone know? The Fed is basically saying that it works because of their secrecy. I don't know about the rest of the world, but by my
reasoning leads me to think that is akin to a magician asking you to turn around so you can't see him actually perform his 'trick.'
I suspect that at a very fundamental level the international banking community is one entity; and the Fed is simply a cover, a mask, covering the
final destination of the trillions (if you want to call them dollars) which no one seems to know about - other than they are missing.
I may not be an economist, and I may not be a mathematician, but know that the numbers they present, no matter how they are couched, seems at odds
with the reality of the 'service' the Fed is supposed o be providing. The same can be said of Central Banks in general... just ask the folks in
[edit on 26-9-2009 by Maxmars]