Catherine Austin Fitts on Alex Jones, 6.2.2011, talking about the planned collapse of our economy by the globalists’ ‘looting’ of outsiders’ funds (the average American) toward the insiders’ pockets, and how the retirees (along with everybody else) are about to get hammered financially. If you have not yet listened to Catherine, pull up a chair and check out the related links at the bottom of this post. (more…)
FOR YEARS, my readers have been accessing information about how the federal government, the Federal Reserve, America’s largest corporations, and the largest banks have been siphoning off trillions of dollars of America’s wealth in hopes of propping up the financial system that has crashed our real economy and making a profit while doing it. Today, Glenn has finally decided to tell most of the truth, possibly because he now has short-timer’s or maybe his conscience has finally kicked in but he does start out this show by showing his famous blackboard with the words ‘Prepare‘ crossed out and the new line ‘Call 911, you are being robbed’ written down.
FINALLY Beck is talking about the ‘LOOTING OF AMERICA‘ by the Federal Reserve and aspects of the financial system. Please check out the links at the bottom of the post for the information that has been on the ‘net for YEARS telling about this very same crisis as it has been occurring.
There is a reason why we have been running ourselves into the ground saying, ‘We are so very screwed!’ and ‘When are the banksters prosecutions going to being?’ Is it real enough yet?
‘Banks’ were sold to the average human being as reliable institutions where one would keep one’s money to protect it, have immediate access to it, and make a modest return on it. Do you feel that the above statement is true, or is getting your money out of your bank like pulling teeth on a wet cat?
On July 15, 2010, the FrankenDodd Financial Regulatory Reform bill was passed opening the door to even more looting of the middle and poorer classes in America. Everything in this law that was passed to ‘protect Mainstreet’ from Wall Street goes far beyond ‘unintentional consequences‘ when one adds up the amounts of money being drained from average Americans’ wallets through additional fees and fines.
Case in point:
By Blake Ellis, staff reporterMarch 10, 2011: 9:34 PM ET
NEW YORK (CNNMoney) — Declined! Your debit card may soon be denied for purchases greater than $100 — or even as little as $50.
JPMorgan Chase, one of the nation’s largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal. And the cap would apply even if you run your debit card as credit.
Why? Because of a tricky thing called interchange fees.
Right now, every time you swipe your debit card your bank charges the retailer an average fee of 44 cents, which it shares with its partners. Those little fees, however, add up to about $16 billion per year, according to 2009 data from the Federal Reserve.
But as part of the Wall Street reform legislation that was passed last year, these fees are being slashed. The Fed is currently proposing rules that would go into effect in July and would cap interchange fees at 12 cents.
Joe Price, president of consumer banking for Bank of America (BAC, Fortune 500), said in an e-mailed statement that the lower fee wouldn’t fairly compensate the bank for the infrastructure and services it provides to retailers.
And consumers would end up feeling the pain when Bank of America is forced to recoup costs “by increasing the cost of their everyday debit card transactions, limiting their payment choices, and impacting industry innovation,” according to the email.
So can you tell me why: A.) you still have your money tied up in Federal Reserve Notes, and B.) why you still have them in a bank account?
Have you not been paying attention? If you want some type of control over what is happening, you have to make proactive decisions about where to keep your money, how to spend it, and how to ‘store’ your wealth (and at this point, goods (i.e. FOOD) instead of Federal Reserve notes makes more sense due to Ben Bernanke’s hyper-inflation.)
Catherine Austin Fitts on Goldseek Radio, 3.11.2011, 60 minute mark about Libya, Middle East unrest, destabilization, rising oil prices, federal accounting procedures, and the continued looting of America.
Catherine Austin Fitts: The Looting Of America
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For regular readers of the Monster, you can save your time because there is only one segment containing a personal story between Beck and Soros staff members that we don’t already know, (it will be in Part 3).
For newbies that are just starting to hear and recognize George Soros as being a major financial backer of many of the initiatives that the left is pushing; watch the entire show because it is accurate. (Editor’s Note: Also keep in mind that George Soros is, more than likely, the front for the shadow cabal pushing globalization because every shadow organization needs a front man to take the heat, and how much pull does George have with WTO, NAFTA, BIS, IMF, WB, etc. Is George Soros directly and entirely responsible for ‘The Looting Of America’? I don’t give him that much credit.)
This writer would like to personally thank Glenn for bringing this little known but accurate information to the masses. Americans need to know what is going on in the background.
More information on George Soros from David Horowitz’s Discover The Networks:
Organizations Funded Directly By George Soros
Open Society Institute
Center For American Progress
Have fun. I just love that OneWest Bank is connected to Georgie, and make sure to double click on Open Society Institute to see the mapped connections there.
To gain some perspective on the massive levels of funding that George Soros lavishes on the far Left, be sure to view this vital document:
Organizations Funded Directly by George Soros and his Open Society Institute
George Soros is one of the most powerful men on earth. A New York hedge fund manager, he has amassed a personal fortune estimated at about $13 billion (as of 2009). His management company controls billions more in investor assets. Since 1979, Soros’ foundation network — whose flagship is the Open Society Institute (OSI) — has dispensed more than $5 billion to a multitude of organizations whose objectives are consistent with those of Soros. (The President of OSI and the Soros Foundation Network is Aryeh Neier, former Director of the socialist League for Industrial Democracy.) With assets of $1.93 billion as of 2008, OSI alone donates scores of millions of dollars annually to these various groups, whose major agendas can be summarized as follows: