Are you ready for shivers Monster readers? I am currently trying to find out the identity of this very well educated and eloquent young man who gives the best explanation of states’ rights, fiat currency, fractional lending, The Fed and the coming financial apocalypse to his fellow ‘Occupy Wall Street’ protestors. I suggest you send this video viral. I will update as more information comes in.
BEST OCCUPY WALL STREET RANT!!! (Complete Speech):
“CptnMidnite Responds To Glenn Beck” End the Fed / Occupy Wall Street
Occupy Wall Street – October 7, 2011 Chris answers some questions and refers to a video of him posted on YouTube a week earlier by Philip Small which can be seen on Philip’s blog smallstoryvisuals.com/blog/ and on his YouTube account Small1124. The video is also on the YouTube account of StephenHannardADGUK where it has received over 200,000 hits as of this date. Chris has the YouTube account*** CptnMidnite and the webpage whataboutliberty.com. His Twitter is AboutLiberty and email is firstname.lastname@example.org. *** youtube.com/profile?user=cptnmidnite
(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.
The march for monetary accountability and transparency at the Federal Reserve (and hopefully abolition of this despicable private banking mafia) continues as Dr. Ron Paul will again push for an audit. Ben Bernanke and the Fed just printed $600 Billion of fiat currency out of thin air in his latest round of QE, even though Ben stated under oath back in June 2009 that they would not monetize the debt. This constitutes a hidden tax on all Americans (worse for the working poor) as this pushes commodity prices higher and food and energy prices go through the roof.
(Reuters) – Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve’s monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January.
“I think they’re way too independent. They just shouldn’t have this power,” Paul, a longtime Fed critic, said in an interview with Reuters. “Up until recently it has been modest but now it’s totally out of control.”
Paul is currently the top Republican on the House of Representatives subcommittee that oversees domestic monetary policy, and is likely to head the panel when Republicans take control of the chamber in January.
That could create a giant headache for the Fed, which earlier this year fended off an effort headed by Paul to open up its internal deliberations on interest rates and monetary easing to congressional scrutiny.
Paul, who has written a book called “End the Fed,” has been a fierce critic of the central bank’s efforts to boost the economy through monetary policy.
“It’s an outrage, what is happening, and the Congress more or less has not said much about it,” he said.
Paul said his subcommittee would also push to examine the country’s gold reserves and highlight the views of economists who believe that economic downturns are caused by bad monetary policy, not the vagaries of the free market.
Global organizations like the International Monetary Fund also will come under scrutiny, he said.
“Eventually we’re going to have monetary reform. I do not believe the dollar can be the reserve standard of the world,” said Paul, who has called for returning the United States to a currency backed by gold or silver.
Many economists say that the Fed’s decisive actions during the 2008 financial crisis prevented the deep recession that followed from turning into a depression. But grassroots outrage over the bank bailouts and other Fed actions helped propel many Republican candidates to victory in Tuesday’s congressional elections — including Paul’s son, Rand Paul, who will represent Kentucky in the Senate.
“With a lot of new members coming and the problems getting worse rather better, there’s going to be a lot more people who are going to be looking for answers,” Paul said.
If you missed this quote from Market Ticker about QE and your money being poured into the big banks because of bad paper the first time around…
Now they’re at it again. First, Ben Bernanke imposed, without a vote, a tax on the American People of over $1 trillion through his original “QE ” game. This went immediately into commodity and stock prices worldwide but was in fact a tax on you, and on every productive business. This is the reason that unemployment remains at close to 10%. By now we should be well on our way to recovery. The government blew $600 billion on stimulus programs. They got nothing for it because of QE, which took it all back out, plus more through the tax – a tax that went directly into the bankers pockets. This unlawfully-imposed tax was used to cover the banks’ insolvencies, along with the blatant extortion practiced by Rep. Kanjorski on FASB (who, incidentally, lost his seat Tuesday.) But the banks did not clear their balance sheets – they are, in fact, still insolvent. Instead, they literally took the money and paid it in bonuses.
Now that the banks are once again running out of money Ben Bernanke is at it again. He has announced another $600 billion in illegal taxation on America, and intends to give it again to the bankers. A good part of it already showed up in oil and other commodities. The rest of it will. It is guaranteed. The “benefit” will go overseas. The tax will fall on you.
THIS IS THE LARGEST TAX EVER IMPOSED ON THE AMERICAN PEOPLE IN THE HISTORY OF THE NATION. IT IS MORE THAN FOURTEEN TIMES THE BUSH TAX CUTS “ON THE RICH” THAT EVERYONE IS DEBATING. GOLDMAN SACHS BELIEVES THAT BERNANKE WILL IMPOSE A TOTAL TAX THROUGH QUANTITATIVE EASING OF MORE THAN FOUR TRILLION DOLLARS OVER THE NEXT TWO YEARS, OR MORE THAN FIFTY SEVEN TIMES THE BUSH TAX CUTS.
And the story I just ran across from Economic Policy Journal:
Yesterday, Federal Reserve Chairman Ben Bernanke delivered a speech before the the Annual Meeting of the Rhode Island Public Expenditure Council in Providence, Rhode Island. In the speech, he warned about the current state of the government finances. His conclusion, the situation is dire and “unsustainable”.
It is remarkable that mainstream media has given this speech no coverage. I repeat, the central banker of the United States says in his own words:
Let me return to the issue of longer-term fiscal sustainability. As I have discussed, projections by the CBO and others show future budget deficits and debts rising indefinitely, and at increasing rates. To be sure, projections are to some degree only hypothetical exercises. Almost by definition, unsustainable trajectories of deficits and debts will never actually transpire, because creditors would never be willing to lend to a country in which the fiscal debt relative to the national income is rising without limit. Herbert Stein, a wise economist, once said, “If something cannot go on forever, it will stop.”9One way or the other, fiscal adjustments sufficient to stabilize the federal budget will certainly occur at some point. The only real question is whether these adjustments will take place through a careful and deliberative process that weighs priorities and gives people plenty of time to adjust to changes in government programs or tax policies, or whether the needed fiscal adjustments will be a rapid and painful response to a looming or actual fiscal crisis.
This is as close as you are ever going to see a central banker admit that his country’s financial situation is so dire that it could breakup at any time.
THIS is why the Federal Reserve needs to be audited and then abolished. There are sound money principles that can replace the private banking mafia; hopefully before it’s too late.In the meantime, stock up on the basicsas prices are already going up, up, up…
…because to do so would impair the stability of the economy.
What did Ben expect to happen when they increased the money supply by over 120% since last year; a Nobel for saving the world from “financial extinction”? With the exception of his banker buddies, it looks like everybody else is on the road to financial extinction either through loss of income because of the depression we are in, or loss of future income through the hyperinflation that is coming down the road because of the inflated money supply.
It’s obvious Ben still thinks The Fed has a chance of pulling their a**es out of the fire and maintaining the monopoly on the American money supply, debt, and will be able to continue to make trillions off of us for interest payments on money the traitors in congress told them to print and the taxpayers pick up the check for.
Does anybody else realize the insanity of billions and billions of dollars of interest being paid to The Fed for money that was printed and loaned to a deaf Congress and Obama administration to bailout the big banks and car companies, “free” health care, and anything else the Dems want, in order to completely ENSLAVE Americans with unsustainable debt and interest payments? Until Paulson, Bernanke, and Obama, we were working until May 5th to pay our taxes. Now that line is moving upward again from August 15th. We now spend 2/3 of the year working to pay our taxes and to keep this going. What happens when The Fed raises interest rates? Hmmm?
Does Ben really think that the snake oil scam started in 1913 by New York bankers was going to go on into infinity? And people wonder why Americans have become so poor all of a sudden. Ben, get ready. The Fed is going away either in 2010 or 2012. The New York bankers monopoly on our economic stability is about to be crushed.
As for the title of the Bloomberg article below; I say NOT KICKING THE FED TO THE CURB PERMANENTLY will impair the economy and any future growth. I wonder what Market Ticker is going to have to say about all this.
Nov. 28 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke said curbing the central bank’s authority to supervise the banking system and tampering with its independence would “seriously impair” economic stability in the U.S.
“A number of the legislative proposals being circulated would significantly reduce the capacity of the Federal Reserve to perform its core functions,” the Fed chairman said in a commentary released yesterday on the Web site of the Washington Post. The measures “would seriously impair the prospects for economic and financial stability in the U.S..”
Bernanke has presided over the most expansive use of Fed powers since the Great Depression. While the 55-year-old Fed chairman has said he averted a financial meltdown, lawmakers have voiced concern about taxpayer-sponsored bailouts and proposed the most sweeping dismantlement of Fed authority since the creation of the institution in 1913.
Bernanke’s commentary, to appear in tomorrow’s Post, is his first comprehensive answer to proposals in the House and Senate that would limit the Fed’s supervisory powers and exert more political oversight in the setting of interest rates. The issues are likely to be discussed when he faces the Senate Banking Committee on Dec. 3 for a hearing on his nomination to a second term as chairman.
Senate Banking Committee Christopher Dodd, a Democrat from Connecticut, has criticized the central bank for lax supervision and introduced legislation this month that would strip bank oversight from the Fed and create a single bank regulator. Dodd would also limit the central bank’s ability to loan to individual companies.
“There is a strong case for a continued role for the Federal Reserve in bank supervision,” Bernanke said. “Because of our role in making monetary policy, the Fed brings unparalleled economic and financial expertise to its oversight of banks.”
The Fed chairman said that the government’s actions, while in some instances “distasteful and unfair,” were necessary to prevent “a global economic catastrophe that could have rivaled the Great Depression in length and severity.”
Bernanke pushed the Fed’s backstop lending beyond banks, setting up programs to support the commercial paper and asset- backed securities markets. The Fed Board approved the bank holding company applications of Goldman Sachs Group Inc. and Morgan Stanley, giving them access to the Fed’s loan window.
The former Princeton University economist and Great Depression scholar has more than doubled the Fed’s assets to $2.21 trillion and become the lender of last resort to government bond dealers, banks, Wall Street firms and U.S. corporations. The central bank has also propped up markets for mortgage-backed and asset-backed securities that support credit to consumers, small businesses and commercial real estate.
Kids, that $2.21 Trillion is the Fed’s money. It is a private banking cartel! Are you understanding now?
You know the economic collapse is complicated. Let’s start here and tell me if you think this guy is lying.
Jim Rogers, Chairman, Rogers Holdings, November 11, 2007.
If you have been reading the Economic Collapse series, then you now know that the Federal Reserve System is privately owned, and if you have been feeling at a loss on how to handle the cascading economic crisis that we are now experiencing, and feel like Americans have become addicted to credit and are in the throes of heroin withdrawal; this will give you the who (The Fed), why (to bankrupt America by taking your money, homes, businesses, etc.), probably make you feel better, and give you a way to act; and it may even give you hope that all of America is not asleep. Remember where the bailout money is going and who is buying what with it, meanwhile the average American is losing everything….
Please do not be put off by the passion and energy of Alex Jones in the following video; just listen to what he has to say, and think about the passion of the PUMA movement. Mr. Jones was speaking at one of the rallies that you probably have not heard about.
We should all be more than a little disturbed that not even the “big name” bloggers covered this event, and even though I have run across a blurb on CNN, by and large, none of the MSM is talking about what happened recently, and we all know what that usually means.
On November 22, 2008; a mere 43 days ago, at least 40 rallies were held in major cities across the United States protesting The Federal Reserve under the auspices of End The Fed to support Sound Money For America and to petition Congress to repeal the Federal Reserve Act in keeping with H.R. 2755, Federal Reserve Board Abolition Act that has been proposed by Ron Paul. I personally thought Ron Paul had the best understanding of what is actually going on in the country and the abyss that we are standing at the edge of. I agree that Hillary knows the economy backwards and forwards, but I also know that I never heard her say that the Federal Reserve was at the bottom of the economic problems because of the amount of magic money they have been diluting the economy with. I am hoping that you understand that prices are not actually going up; the value of the dollar and what it can actually buy is going down.
I also know that the MSM has made Ron Paul look like a tinfoil hat wearing freak from some outer dimension of the universe, and because of that I did not vote for Ron Paul because I also knew that he had a snowball’s chance in hell of beating the machine that was behind and continues to back The Resident Evil. Here are a few questions you may want to think about.
How much do you actually know about Ron Paul?
Has it occurred to you that Central Banks all over the world are funding all the wars that are happening right now and are war profiteers?
Did you know our Federal Reserve has as it’s main stockholders banks all over the world?
Have you noticed that Ron Paul’s “Revolution” looks alot like Bambi’s followers except Ron Paul has an actual message and well thought out plans?
Were you even aware that H.R. 2755 has been out there since 2007?
This bill never became law. This bill was proposed in a previous session of Congress. Sessions of Congress last two years, and at the end of each session all proposed bills and resolutions that haven’t passed are cleared from the books.
Last Action: Jun 15, 2007: Referred to the House Committee on Financial Services.
Pay attention to that last line: June 15, 2007: Referred to the House Committee on Financial Services; and we all know who the Chairman of this committee is, right? Public Enemy #2; Barney Frank; Nazi Nancy being #1.
Do you really want to leave as important a decision as letting the fraudulent, unconstitutional, (add your own description here), Federal Reserve System in place to BARNEY??????????????
If not, please go HERE to sign up and get involved with ending the privately owned Federal Reserve Banking System and returning to a sound money policy based on precious metals that is being touted by more influential economists and commodities traders than just Jim Rogers and Ron Paul.
Constitutional Provision for Money:
Below are videos from some of the rallies to help you understand that you are not alone!