BREAKING NEWS: The FEDERAL RESERVE to become all powerful !!

[kigol]

ugh

 

[Melissa]

I went to a conference for we the people yesterday and got to talk to Bob Schultz and he has petitions on his web site about the Federal Reserve maybe it is really time everyone quits yelling and unite behind some of these people already trying to do stuff like getting rid of the FED

 

[Truth Warrior]

"Financial crisis" initiated, instigated, and implemented by whom?

Problem -> Reaction -> Solution

Still just works like a dream and a charm, even after all of these millenia. The "sheeple" just never seem to catch on.

 

[wgadget]

wait so they lowered the interest rates for a reason, allowed the housing crisis to take place and they were planning for this two months before the sub-prime mortgage crisis began affecting financial markets and now Federal Reserve would have the power to regulate virtually the entire banking and securities industry.

whoa whoa and simply whoa...wtfffffffffffff is wrong with peopleeeeee..are they all sleeping????

it sounds like they've been planning this for a longggggggggg time.

Exactly. This is the steamer for me...

"The proposals have been in the works since June -- two months before the current sub-prime mortgage crisis began affecting financial markets, Davis said."


And it's not just the banks and stock markets, IMO. It's any institution that might mess with the economy...?

 

[wgadget]

The owners of the FED have the bigger picture in sight. They plan on owning the WORLD FEDERAL RESERVE. They will now rob all humans and control all the world. The NWO's Fed Reserve is staring you in the face.

Cool...A Financial United Nations.

 

[TruthAtLast]

Exactly. This is the steamer for me...

"The proposals have been in the works since June -- two months before the current sub-prime mortgage crisis began affecting financial markets, Davis said."


And it's not just the banks and stock markets, IMO. It's any institution that might mess with the economy...?

That's right, they would want the ability to control and see full disclosure of ANY business that "they feel" might impact the economy.

 

[scotto2008]

Who can make money out of thin air?
Why, the Bubble Man can, but buyer beware
One day your dollar’s worth less than a dime
Cause bubbles all pop, it’s just a matter of time

"The Bubble Man" music video
http://youtube.com/watch?v=Q3peAYJSJSg

 

[DFF]

This is economic version of the Patriot Act -- legislation based on fear which they'll quickly try to push through Congress (who, in case you haven't figured it out already, is filled with morons).

I can't wait to hear what Ron Paul's got to say about this JP Morgan-esque bullshit...

 

[CurtisLow]

Let's fight back people!

.

 

[raiha]

Maybe" The Little Red March That Could"(if ever it happens) ....could call in at the Federal Reserve Building and pelt it with monopoly money and ...rotten eggs.

If they kill the economy they kill themselves don't they? Its like the heart starts cannabalizing the liver. Maybe they could be assisted with hoisting themselves on their own petard.

 

[raiha]

Oh and BTW, who audits the FED and how often? Are the results made public? Who are they answerable to? Besides the devil (that is)

 

[therealjjj77]

Ok, I feel a Ron Paul debate moment ... see if you guys can help me finish it..

Let's see if I understand this correctly. The FED turns the economy upside down, causes massive inflation in order to bail out the banks, enables a policy of easy credit which has now proven to be a financial disaster and now we're going to give it even more power? Is that correct?

Only in America of today would it be possible for an organization to be given more power after helping to enable the current FUBAR economical crisis. I guess I'm not quite speechless but what I'm reading and what I understand about the whole thing has me completely steamed.

The last paragraph of the article really set me off:



So, giving even MORE power to the very institution that got us here in the first place is going to be called "modernizing & revitalizing the current system"??!!! I expect to see that phrase repeated ad nauseum over the next months.

Feeling's mutual. This whole thing is so well articulated. Let's get our mock interview person to draw disgusting correlations between centralized power and positive words like "modernizing & revitalizing".

Need we remind them that centralized power was fully idealized in the monarchs of Europe in the 1500s. Centralized control is not "modern". In fact, the monarchs didn't have enough people or as efficient of a free market due to market produced technology to be able to assert the extent of power that the feds are attempting now. Their systems collapsed and ours will certainly repeat history.

Try that for "modern".

 

[jason43]

Its almost funny that the 'solution' they come up with to solve the Fed induced problem is to give the Fed more control.

I also heard Obama refer to the Fed as a 'Government Agency' which again underscores these candidates all have no idea what they are talking about...

 

[PlzPeopleWakeUp]

nt

 

[rockandrollsouls]

Did anyone see this one yet...

http://money.cnn.com/2008/03/31/news/economy/paulson_regulation/index.htm?cnn=yes

 

[acptulsa]

Oh and BTW, who audits the FED and how often? Are the results made public? Who are they answerable to? Besides the devil (that is)

Yeah, that's the fun part. We need the government agency the Fed to oversee the banks, but no one oversees the Fed because it's not a government agency. Beautiful, isn't it?

 

[tropicangela]

Went on hiatus to focus on life until this hit the headlines today. Glad I have somewhere to turn. Long live the forums.

 

[Mahkato]

Geez, it's becoming more tempting every day to empty my retirement and savings accounts today and spend it all on end-times provisions. I really hope I'm just an over-paranoid dystopian, but it all seems to be playing so well into the 1984/Animal Farm/etc story line.

 

[parke]

Imagine little Orphan Annie.. singing 'Tomorrow' only the word is 'Amero'...

 

[jcarcinogen]

So, this is the advice of the Treasury Department which is a part of the Executive branch which also takes Federal Income tax with their sub-department... the IRS.

Isn't that already unconstitutional enough?