Saturday, December 12, 2009

The Fed make out like bandits, while We the People get the losses.

“It's one of the most frustrating things. We essentially have had modern-day bank robbers -- except that they wore gray suits and not masks -- and there's been no accountability for it ...

Every day we see energy speculators, war profiteers, managed health-care providers, media propagandists, and/or financiers given some unfair advantage over the average consumers and taxpayers, and the cumulative effect of the American people watching selfishness prevail over the public interest has been an undermining of the public's trust in government.

There's no question the system is rigged against the little guy. The bigger interests have a lot more information. They jerry-rig the system so that they always win.” –
Senator Byron Dorgan

While the US Treasury, AKA as We the People, get stuck AGAIN, with underperforming assets and the bills, the private banking families of the Federal Reserve waltz away with hundreds of billion in profits , all courtesy of YOUR money being used to save and protect some of the wealthiest people on the planet.

While we continue to hear horror stories about a dead man and more 9/11's, the Fed and bankster outfits like GOLDMINE SACKS will continue to loot this country till there is nothing left.

When we finally collapse from all that debt, the next country to protect to wealth of the elite, China, will be ready to take center stage. They should have no problem, since we've moved a significant portion of our manufacturing capability to that nation.
China already has a Fed like bank, the People's Bank of China and it has more financial assets than any other single public finance institution in world history.

Someone is bound to be sniffing around, drawn by all that gold and wealth.

Geithner Says Treasury Faces Losses From Autos, AIG

The federal reserve caused the 700 billion dollar bailout

The Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference The Federal Reserve was created with no constitutional authority in 1913, the Fed prints money out of thin air and loans it to the U.S. treasury at interest. This can only lead to one outcome: debt. Currently, the Federal Reserve is printing billions of dollars to bail out Wall Street while destroying the middle class and the dollar with inflation. If our country wants a sound and transparent monetary system, we need to abolish the Federal Reserve.

From 1998 to 2001 I worked for a firm building a "Dark Pool." The floor of the NYSE has become a prop for the media. These "dark pools" have been perverted and in the place of these pools resides a "collar." This collar denies your right to get the "best execution" and it allows for "front running."

Both these activities are illegal and the SEC is nowhere to be found once again.

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