The Federal Reserve Warns About The Dangers Of The... Federal Reserve

A not very long time ago, in a galaxy known as the Milky Way, the member of an occult group of sinister individuals warned that should this group ever get to a point where it believed it could fix fiscal problems through printing money, this would present "a paramount risk to the long-term welfare of the U.S. economy." The group is better known as the Federal Reserve and the individual was Dallas Fed president Richard Fisher.'

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Bernanke Admits Printing $1.3 Trillion Out Of Thin Air

Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities. This shocking admission came from the Joint Economic Committee hearing on Capital Hill last week. I was dumbfounded when I saw Bernanke shake his head in the affirmative as Representative Ron Paul said, “Well, where did you get the money? You created this money. So you did monetize debt, and that went into the banking system.” I was amazed he admitted this. I looked up the original hearing on C-Span to make sure the clip was not edited. It was not.

What is even more shocking is I could not find a single mainstream news agency that covered this revelation.'

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German Central Bank Admits that Credit is Created Out of Thin Air

Most people think that banks lend solely from their base of deposits. Some also know that with fractional reserve banking, they can loan out many times more than they actually have in reserves.

But very few people – with the exception of those in the banking industry and financial experts – know where credit really comes from.

Germany’s central bank – the Deutsche Bundesbank (German for German Federal Bank) – has admitted in writing that banks create credit out of thin air.

As the Bundesbank states in a publication entitled “Money and Monetary Policy” (pages 88-93; translation provided by Google translate, but German speaker and economic writer Festan von Geldern confirmed the basic translation.'

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'US Debt-Based Money Printing Biggest Theft in History'

Iran's President Mahmoud Ahmadinejad asserts that the lingering global financial crisis has exposed the dark side of the capitalist economic system in the West, adding that the US will go down in history as the biggest thief ever.

In a Tuesday meeting with representatives of the Developing Eight (D8) countries, Ahmadinejad reiterated that western-style capitalism is the main reason behind the endless wave of problems plaguing global financial organizations, particularly in the US.

The Iranian president added that Western countries should face up to the fact that the greed of capitalism has pushed it into the brink of collapse.

"The whole idea of capitalism is based on emptying the pockets of world's nations to secure the interests of a selected few," he emphasized.'

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Show Me the Money

The earth wasn’t in trouble until the House of Rothschild unleashed the middle class on the planet when they financed and fomented the American and French Revolutions. [2]

Now the Third Estate (97% of the population) was freed to become the consumers of useless and toxic products from the Industrial Revolution. And thanks to those scoundrels behind the Federal Reserve, former serfs and slaves could now have their own castle with a Sport Utility Pollution Vehicle (SUPV) in the driveway.

The first industrial revolution, the textile industry, based on the one plant that does more damage to the environment than coffee or tobacco…cotton, marked the last time the earth would be in ecological balance. [3]

A Theory of Ecocide Explains the Unexplainable

To support my theory, I point out that the Federal Reserve isn’t evil because they print our money and make us pay interest on the principal.

They are evil because Rockefeller, Kuhn, Loeb and Morgan, all connected to the House of Rothschild’s global financial empire, directed the Federal Reserve (until October of 2008) to create money out of thin air to pay for the American Dream, an environmental nightmare for the planet.'

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Reviving the Local Economy with Publicly Owned Banks

The private banking system is in systemic failure, and the public is waking up to the fact. We have been fleeced by Wall Street; banks are not providing loans; and our savings are no longer secure. The publicly owned Bank of North Dakota has provided an alternative model that has worked remarkably well for nearly a century.

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US Schools: One Million Homeless Students, 40-50 Class Size, 100,000 Laid-off Teachers. Had Enough?

Unemployment in the US is at Great Depression levels. When discouraged and part-time workers are included, the real unemployment rate (how it used to be counted in official statistics) is over 20%. This has predictable outcomes for our children: one million homeless students, class sizes of 40-50 while 100,000 laid-off teachers sit at home, and our children's growing disgust with American so-called ingenuity and leadership.

The solution to this problem is obvious. Yup. Think with me for a few moments to understand this for yourself.

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Money As Debt

Dismantling the Temple

The financial crisis has propelled the Federal Reserve into an excruciating political dilemma. The Fed is at the zenith of its influence, using its extraordinary powers to rescue the economy. Yet the extreme irregularity of its behavior is producing a legitimacy crisis for the central bank. The remote technocrats at the Fed who decide money and credit policy for the nation are deliberately opaque and little understood by most Americans. For the first time in generations, they are now threatened with popular rebellion.

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Stress Tests Show 10 Big Banks Must Raise Total of $75 Billion

Three months of intense anticipation ended Thursday when the Obama administration said stress tests found that 10 of the largest U.S. banks will have to raise a total of $75 billion to prepare for losses that could come from a deepening recession.

Bank of America (BAC) will have to raise $33.9 billion; Wells Fargo (WFC), $13.7 billion; GMAC (GJM), $11.5 billion; and Citigroup (C), $5.5 billion, in the next six months. The results culminated an unprecedented process by the government to test the top 19 banks that control two-thirds of the nation's financial assets.

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So another bailout is looming then!

A Meditation on Our Monetary System: State of Permanent Siege

During the 20th Century the power shifted to the U.S., with the Rockefellers playing the dominant role as they continue to do today. It is no accident that J.P. Morgan Chase—the Rockefeller family bank—dominates the U.S. derivatives market; nor that Exxon-Mobil, the Rockefellers’ oil company, is the most profitable corporation in history.

The basic plan was to place all of mankind in a state of permanent mental and emotional siege so that in the end we would trade all our liberties to the controllers in return for protection; even freedom of thought would be traded for physical safety. That plan is well advanced. The sheeple have been prepared for the final shearing.

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Captured by the Debt Spider

Through a network of anonymous financial spider webbing only a handful of global King Bankers own and control it all. . . . Everybody, people, enterprise, State and foreign countries, all have become slaves chained to the Banker's credit ropes.

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The Federal Reserve is Bankrupt

The Federal Reserve is bankrupt for all intents and purposes. The same goes for the Bank of England!

This article will focus largely on the Fed, because the Fed is the "financial land-mine".

How long can someone who has stepped on a landmine, remain standing ­ hours, days? Eventually, when he is exhausted and his legs give way, the mine will just explode!

The shadow banking system has not only stepped on the land-mine, it is carrying such a heavy load (trillions of toxic wastes) that sooner or later it will tilt, give way and trigger off the land-mine!

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Bank of England Creates £75 Billion out of Thin Air

The Bank of England’s monetary policy committee cut its key rate by half a percentage point to 0.5 per cent on Thursday and unveiled a programme under which it will buy up to £150bn in government gilts and corporate bonds.

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Ron Paul to Ben Bernanke: You Can't Re-inflate the Bubble

Israel Is Nobody's Friend

If civilization can survive the cynical path it's on, future historians will identify three great cons that were played out upon the world during this time; the fractional-reserve central-banking system, the war on terrorism and Israel. All three are equally dangerous to the future of mankind, are presented with equal deception, and emanate from the same source.

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I would add global warming to that list

It's Time To Consider An Alternative Currency

In Russell Hoban's novel Riddley Walker, the descendants of nuclear holocaust survivors seek amid the rubble the key to recovering their lost civilisation. They end up believing that the answer is to re-invent the atom bomb. I was reminded of this when I read the government's new plans to save us from the credit crunch. It intends - at gobsmacking public expense - to persuade the banks to start lending again, at levels similar to those of 2007. Isn't this what caused the problem in the first place? Are insane levels of lending really the solution to a crisis caused by insane levels of lending?

Yes, I know that without money there's no business, and without business there are no jobs. I also know that most of the money in circulation is issued, through fractional reserve banking, in the form of debt. This means that you can't solve one problem (a lack of money) without causing another (a mountain of debt). There must be a better way than this.

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The Wall Street Ponzi Scheme Called Fractional Reserve Banking

Bernie Madoff showed us how it was done: you induce many investors to invest their money, promising steady above-market returns; and you deliver – at least on paper. When your clients check their accounts, they see that their investments have indeed increased by the promised amount. Anyone who opts to pull out of the game is paid promptly and in full. You can afford to pay because most players stay in, and new players are constantly coming in to replace those who drop out. The players who drop out are simply paid with the money coming in from new recruits.

The scheme works until the market turns and many players want their money back at once. Then it’s game over: you have to admit that you don’t have the funds, and you are probably looking at jail time.

Welcome to the world of Central Banks!

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