I And Many Others Beg To Differ (Updated)

(Author’s Note: See OT Update at end of post about Goldman Sachs “profit”.)

The Dame Truth’s BTR program this past evening with G. Edward Griffin was a thorough success, but after Mr. Griffin ended his interview with The Dame, we were chatting about The Federal Reserve and in passing I said that I could not believe the director of the Ayn Rand Center really thought the Fed was a government agency.  This statement was a shocker; so without further ado, here is the clip of Yaron Brook on Glenn Beck from June 18, 2008. (1:40)

Yaron, question for ya? What government agency prints our money and then loans it back to us with some $150 Billion in interest this  year alone?

Sounds like a banking cartel to me.

For the newbies among us who still do not know that the Fed is all about the profit on fiat money, go here.

Tuesday’s interview on Constitutional Radio: An American Bastille Day, 9pm est., go here.  The best way to describe the contents of this show is going to be showing the True Redistribution of Wealth In America.


OT Update: We now know that Goldman Sachs just posted a $3.44 Billion (with a B) profit.  None of us is surprised about that because we know who and what GS really is.

Since I am down a different rabbit hole right now, I would like to send you over to an excellent article by Glenn Greenwald with a time line and characters, and perhaps more people will start to see what we see about GS being in the background of everything…Here is a just a taste…

The events preceding Goldman Sachs’ new “blowout profits”

Remember all of this — the $700 billion bank bailout, the AIG scandal, dark and scary threats of imminent global meltdown if there wasn’t full-scale capitulation by the citizenry to the immense transfer of public wealth to the private investment banking sector?  Such distant, hazy memories:  so many exciting celebrity deaths and riveting celebrity resignations ago.  If sequences of events like these don’t cause mass citizen outrage, then it’s hard to imagine what will:

The New York Times, September 19, 2008:

WASHINGTON — It was a room full of people who rarely hold their tongues. But as the Fed chairman, Ben S. Bernanke, laid out the potentially devastating ramifications of the financial crisis before congressional leaders on Thursday night, there was a stunned silence at first.

Mr. Bernanke and Treasury Secretary Henry M. Paulson Jr. had made an urgent and unusual evening visit to Capitol Hill, and they were gathered around a conference table in the offices of House Speaker Nancy Pelosi.

By Logistics Monster


  • California Patriot -

    Well, I think that both of them are confused about the Fed. That’s not surprising, my banker didn’t even know that the Fed is a private banking cartel. THEY NEED TO BE EDUCATED.

  • Tes they are wrong about who the Fed is but they both understand that it is counter productive to actual capitalisim. I really like Calvin Coolidge’s approach to markets which is the same as the Hypocratic oath. “First do no harm.”

    Even if all of the members of the Fed were the spawn of Mother Tersa (ok bad example) they still, by any meddleing, are doing harm. A pure market, in a land of laws and morality, with real, fixed currency will heal itself; always. It will always heal because land, labor, and intelect will not cease. We have so lost sight of what capitalisim is and could be.

  • brityank -

    Many thanks for your scholarship and dissemination, along with The Dame and DrKate – if the detail you provide don’t piss people off, then they are slaves. I am listening to the mp3 from ConRad that you all did Tuesday night; the money just blows me away!

    I came to the realization that we are infested with parasites; as destructive as termites, dangerous as rabid dogs, and invisible like bed-bug mites. No, I don’t mean the welfare grifters or robbers in our society – indeed I wish they were all we had to worry about. The real parasites are the lawyers, especially those in any legislative position. We have allowed (?) them to create our laws AND interpret our laws, meanwhile they blithely steal our time, treasure, and heritage “for the common good” – which they consider to be their wallet!

    I also found the following video that I’m passing around; it is a good explanation that details the back story of the Fed and the banksters: Populist lawyer, Gary Fielder, presents “The Gig Is Up: Money, the Federal Reserve and You.” Live from Wolfe Hall at The University of Colorado School. It’s around 80minutes, but well worth the time to get a basic understanding of the hole we are sliding into.

    Take care and stay safe!

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