If you were the guy in charge of a trillion dollar monopoly that affects the lives of almost every single person on the planet, and the natives were getting restless, wouldn’t you do a little PR to calm the nerves of the people most able to cancel your contract?
Even Peter Barnes notices that this visit by Bernanke has more of a feel of a political stop than anything else, and I cannot help but think that the globalists are telegraphing an accelerated timetable. (more…)
I do believe that Herman Cain did not realize how many Americans are ticked off with the Federal Reserve, just exactly how ticked those Americans are, nor how many Americans understand that the Federal Reserve System is a private banking cartel that needs to be ended. Mr. Cain has really torpedoed his campaign by lying in response to Dr. Paul’s question to him during the Dartmouth GOP presidential debate this evening about comments that Mr. Cain made on December 29, 2010. Quite a few people, yours truly included, are concerned that Herman Cain is a Fed insider after becoming a member of the board of the Kansas City Fed in 1992 and chairman in 1996. How does a restaurant CEO with a bachelors in mathematics and a masters in computer science get a place at the table of the group setting economic policy? Can someone answer me that?
What follows is the question and the actual audio of Mr. Cain’s responses to a question about auditing the Federal Reserve. (more…)
Okay – I know my readers have been waiting for my reaction to the obviously assembled document that the White House threw up on their website this morning. Once again, I will state unequivocally that the BC does not matter, the fact that this SOB has three different citizenships (American, British, and Indonesian) disqualifies his sorry golf-teeing ass from being president. Second, we all knew that whatever document was presented was going to be a fake because it’s been years since we have been asking for this document and ‘that’s how it’s done in Chicago‘, and third, Donald Trump was the man enlisted to bring up the issue so that a document could be released without drawing attention to the when of it. The only curiosity questions I have left is ‘why obviously forged’ and ‘why now?’ Who gains and how?
In politics, nothing happens by accident. If it happens, you can bet it was planned that way. – Franklin D. Roosevelt
Now for the forgery. First up; Karl Denninger of MarketTicker.org showing that the AP’s scan of the document the White House gave them is just that; a scan. He then shows the document that was posted on the White House website as a manufactured photoshop document that has layers, overlays, no ‘scan landmarks’, color blurring, etc.
Next up, Alex Jones and one of his photoshop experts explaining the layering, original print and added print, and wondering why the White House would release an obviously assembled document.
Meanwhile, and while you are most definitely not watching, Ben Bernanke, Fed Chairman, gave the first ever Federal Reserve press conference (which I will cover tomorrow after more rest), and four star general, David Petraeus being tapped as the new head of the CIA. Is anybody else asking the glaring question of how a military general goes from overseeing combat operations to the most corrupt intelligence service in the world? Maybe this will help… David Petraeus:
General Petraeus was the General George C. Marshall Award winner as the top graduate of the U.S. Army Command and General Staff College Class of 1983. He subsequently earned MPA and Ph.D. degrees in international relations from Princeton University’s Woodrow Wilson School of Public and International Affairs, and he later served as an Assistant Professor of International Relations at the US Military Academy. He also completed a fellowship at Georgetown University.
Are you feeling good about his appointment now, or do you feel like the war against American sovereignty and liberty has just been ramped up? Does anybody else feel like a whole hell of a lot more has been going on for a very long time inside the military-industrial complex than even we have been able to dig up. Damn…I was just starting to feel like I was catching up… UPDATE: And then I just remembered this happening today…
A government attempt to oust a longtime drug-company chief executive over his company’s marketing violations is raising alarms in that industry and beyond about a potential expansion of federal involvement in the business world. The Department of Health and Human Services this month notified Howard Solomon of Forest Laboratories Inc. that it intends to exclude him from doing business with the federal government. This, in turn, could prevent Forest from selling its drugs to Medicare, Medicaid and the Veterans Administration. If the government implements its ban, Forest would have to dump Mr. Solomon, now 83 years old, in order to protect its corporate revenue. No drug company, large or small, can afford to lose out on sales to the federal government, a major customer. The campaign against drug-company CEOs is part of a larger Obama administration effort to pursue individual executives blamed for wrongdoing rather than simply punishing companies. The government has tried to prosecute Wall Street executives in connection with the 2008 financial crisis, but with limited success.
It’s 17 minutes of important footage that you should be watching. Presidents are distractions from the really powerbrokers, the Federal Reserve Mafia.
“A self-sustaining recovery may be taking hold…”
Overall however, improving household and business confidence, a combinative(?) monetary policy, and more supportive financial conditions, including an apparent increase in the willingness of banks to make loans seems likely to lead to a more rapid pace of economic recovery in 2011 than we saw last year.
Are you feeling more confident? Are banks actually lending? Do you think we are recovering? At what point is Ben Bernanke going to be in cuffs doing the perp walk?
The trillions of electronic dollars they have created out of thin air to save everybody except the average American have absolutely nothing to do with rising commodity prices as the value of the dollar continues to be ground to porch.
When I first saw this on Drudge, I immediately went over to Market-Ticker to see what Karl had to say.
(The curse of the Monster happens to be witnessing the future unfold and writing about it months before anybody else is broaching the subject; take the Bush Tax Cuts post in September, 2010, for instance. A small excerpt from the post that explains the trap we are caught in when it comes to the central banking mafia in this country follows this article.)
Everybody please give Ben Bernanke and those 1913 Progressives a round of applause...
$4 Billion DAILY REASONS to permanently fire the Federal Reserve System Mafia and cut up the credit card they issued to the legislative branch of the federal government back in 1913.
Last year’s interest tab on the debt? $396 BILLION.
This year’s tab? $1.46 TRILLION.
Got beans? Got rice?
Actual Unemployed: 25,695,54
That's $55 TRILLION
Are you yet ready to fire the Federal Reserve and put our money back on sound footing? How about making the banks show those trillions in bad assets on their books, force them into receivership, and put a floor under the housing market?
When do the bankers’ arrests start again?
A little history lesson for those newbies amongst us. If you have not read the article below, I urge you to take the time to peruse the charts of the interest on the debt that we pay to the Federal Reserve and the history of the central banking schemes in this country.
A current recap. Chairman Zero wants to keep the tax cuts in place for couples making less then $250k and individuals making less than $200k. Princess Pelosi believes that ‘they’ must extend the “Obama Middle Class Tax Cuts” for just the middle class, and 31 of her not-so-loyal soldiers have gone off the reservation when considering such a move. Just a few days ago, the Queen of the Swamp stated “But I see no justification for going into debt to a foreign country to underwrite and subsidize tax cuts for the wealthiest people in America.” Technically, Nancy has a point, BUT what about the $110 MILLION that went to create 55 California jobs…it’s okay to underwrite and subsidize corruption and all the rest of the silly spending these teenagers have approved? Also, according to National Review Online, a tax increase for the upper 2% of Americans would bring in a whopping $34 Billion next year; enough to cover 9 days of deficit spending. In addition, John Boehner had a ‘moment’ on a recent Sunday news show stating that he would vote for the partial tax extension if forced to, but has since backtracked. We also have had the media arguing very vocally for about two weeks about whether or not the super rich should be getting the tax extension like everybody else. Every single time you look at print or television, you hear about the Bush tax cuts expiring at the end of the year or see a countdown clock for the ‘greatest tax hike in history’ on television. Chairman Zero is even stating during speaking engagements that “giving” a tax cut extension to millionaires and above would create $700 Billion in more debt over ten years.
Let’s keep beating the ‘debt’ drum, shall we? We KNOW we are in trouble, but who exactly is responsible for the debt and the deficits?
Ready to bust out of the chute moos? Ready to understand on the most basic level why we have $13.4 TRILLION in national debt and $110.4 TRILLION in unfunded liabilities? (September, 2010)
So is there anything that we could do to actually start fixing things?
Yes, but the solutions are radical. They would cause quite a bit of chaos. They would not be easy for people to accept.
But the truth is that our economy and our financial system have terminal cancer. If something radical is not done quickly we are going to lose the patient.
The following are 16 ideas that Barack Obama could have proposed if he actually wanted to fix the economy….
One has to wonder if Ben Bernanke and his crew of pirates are expending precious grey cells working out a way to corner the gold market since average American moos are now using a new gold ATM in Boca Raton, Florida (and awaiting one in Las Vegas)?
NEW YORK (CNNMoney.com) — Ever felt the need to exchange greenbacks for gold bullion while finishing your holiday shopping?
Well, now you can. Just head on down to Town Center Mall in Boca Raton, Florida, where America’s first gold dispensing ATM opened for business on Friday.
All you have to do is enter near the Neiman Marcus, hang a right toward the food court, and you will see the gold plated-vending machine near the candy store. Seriously.
The ATMs, designed by a German company called Ex Oriente Lux AG, are already operating in over 15 locations worldwide including Germany, Spain, Italy and Abu Dhabi.
The ATMs, which dispense gold coins and bars weighing up to eight ounces at prices updated every 10 minutes based on the real-time spot price of gold, churn out 20 to 100 gold pieces a day depending on traffic.
UC happens to be the government’s middle name, and National Inflation Association takes a look at the unintended consequences of government stimulus citing ‘Cash For Clunkers’ as just one prime example of how a seemingly good idea turns into one big ripple of economic toxicity.
Moody’s warned Monday that it could move a step closer to cutting the U.S. Aaa rating if President Obama’s tax and unemployment benefit package becomes law.
The plan agreed to by President Obama and Republican leaders last week could push up debt levels, increasing the likelihood of a negative outlook on the United States rating in the coming two years, the ratings agency said.
A negative outlook, if adopted, would make a rating cut more likely over the following 12-to-18 months.
For the United States, a loss of the top Aaa rating, reduce the appeal of U.S. Treasuries, which currently rank as among the world’s safest investments.
“From a credit perspective, the negative effects on government finance are likely to outweigh the positive effects of higher economic growth,” Moody’s analyst Steven Hess said in a report sent late on Sunday.
After Obama announced his plan, Treasury prices fell sharply in volatile trade last week and yields have hit a six-month high, in part due to concerns over the effect the package will have on government debt levels.
If the bill becomes law, it will “adversely affect the federal government budget deficit and debt level,” Moody’s said.
Ben Bernanke and the Fed’s chickens are coming home to roost and guess who is going to be paying the price? Not them…
Got Rice, Beans, Tobacco, Ammo, Guns, Gold, and Silver yet?
Bernie Sanders wants to know if the Federal Reserve is the world’s central bank. An uneducated Monster’s answer? “Yes, the American taxpayer is the lender of last resort to the entire world through the Banking Mafia known as the Federal Reserve System.” Where the hell do you think the money for the Greek and Irish bailouts came from? The IMF, which is mainly funded by…wait for it…yep, the American people. Wake the hell up Bernie!
According to FT, the Federal Reserve documents that were released earlier today, show $3.3 TRILLION in loans and currency swaps, with the majority of our cash going to foreign banks. Nope, I’m not even going to spend a moment trying to wade through all the paper the Fed buries us in. We’ll just have to trust the Financial Times.
Is anybody here even batting a eye at this news? Did anyone here think that the $9 Trillion that went missing ended up anywhere but overseas just like the billions from the AIG bailout?
The link to the FT article is below, and I suggest you take a few minutes checking out the full article and the embedded video. I just love listening to british newscasters speak about their poor understanding of today’s modern banking and asking “how do you think the American public is going to react when they hear about the amount of support provided to non-American banks?” Pitchforks anyone? Can we get rid of the financial pirates yet?
My only remaining question is whether or not the Fed collects interest twice; once on the money loaned to the foreign banks and then again from us for creating the electronic fiat money that the banks used?
(Editor’s Note: I would like to thank NH Tea Party for pointing out my typo with the date. My deepest apologies for this mistake. The End the Fed rallies are planned for Saturday, November 20th this year.)
End The Fed Rally, 11.22.2010
I dragged this video out of the vault to remind folks of what has been happening for almost a decade (not just since 2008).
Truth,The Us Dollar, The Federal Reserve, and Dr. Ron Paul
For more information about the true origins of the Federal Reserve System, grab your duct tape and hit the page at the top of the blog.