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Posts Tagged ‘Fed’

Via utterlycorrelated:

Former Federal Reserve Chairman Alan Greenspan said the United States will have to ration healthcare to reconcile the rising federal debt problem and future entitlement obligations.

[…]

“Maybe the thing to do is change the word [‘ration’] so it becomes politically acceptable,” he said.

Which is the goal of Obamacare according to the state’s chief economic propagandist Paul Krugman.

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Sol Palha writes:

One could go even as far as stating the financial crisis was engineered to help create a few super powerful banks. It appears that this is the case for the banks have not lost any power, but instead we have fewer players with triple the amount of power.

[…]

Read the book “The coming battle by Lorraine Walter”. It is over 100 years old, and it explains how every recession, depression is actually engineered in advance. This is not hearsay it actually provides quotes showing how the bankers have done this in the past.

All depressions, or recessions as the PC crowd now calls them, are manufactured. The sole purpose is to consolidate wealth and power.

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Erik Voorhees reports:

In other words, the value of the dollar remained extremely stable for 150 years, the Fed was created in order to “stabilize the value of the dollar,” and the result has been a 95% devaluation of the dollar in less than 100 years following its creation.

[…]

The Federal Reserve System is fraudulent. Whatever its stated purpose, its effect is to create a hidden mechanism of deficit spending by politicians, through the insidious invisible taxation of monetary debasement (inflation). With printed money, the Government can buy services for its voters before the effects of inflation are felt. The voters money buys less the following year, as the new money has raised prices, and they are often none the wiser.

Fraudulent, yet very effective.

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The Federal Reserve is one of the most powerful and secretive institutions in Washington, long considered beyond the reach of lawmakers.

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Gary writes:

By the time this is all over, the Fed will own most of the real estate in the country. They are also expanding their purchases to credit card debt, automobile debt and anything else they can get their hands on. This no longer sounds like a free society to me.

Me neither.

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Via theinternationalforecaster.com:

In looking over the financial landscape that has emerged since the private Fed was foisted upon the hapless sheople in 1913, we can see the culling process that has emerged. Remember, Rockefeller and Morgan, the heads of the American branch of the Illuminati, hated one thing more than any other, and that thing was competition. During the Panic of 1907, which was orchestrated by Rockefeller and Morgan so they could force the Federal Reserve System and Income Tax down the throats of the sucker-dupe sheople, many smaller banks were sent down the tubes.

Then came the 1929 Stock Market Crash, orchestrated by the newly formed, and very private, partly foreign-owned and totally non-governmental Fed, and that started a second culling process, mostly of small to mid-size banks, which took out about one third of the banks that were then blossoming in the US based on the wealth accumulations of the Roaring Twenties. This culling occurred throughout the period during the 1930s, which we now refer to as the Great Depression. The big Illuminist concerns of course survived, based on their inside information, as did many of the leading Illuminists of the time.

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