* Built by THE FEDERAL RESERVE BANK with the invention of PAPER CURRENCY aka FIAT CURRENCY [FAKE & NO REAL VALUE].
Once the concept of MONEY was created for some ODD reason; the FEDS also created something called INTEREST for every $$$ they PRINT.
Then this INTEREST magically transformed into “DEBT” which eventually started the ENSLAVEMENT of the entire HUMANITY in this world we’re living in.
Now that’s the story of humanity extinct. Much much shorter than how long it took for the dinosaurs to get wiped out.
FAKE MONEY = DEBT = ENSLAVEMENT OF HUMANITY.
Destroy the Federal Reserve Bank & LIVE FREELY or PERISH FOREVER.
* Ben Bernanke is the current president of the Federal Reserve Bank.
It’s where they print DOLLAR currency. Guess who controls it. The government?
Nnope. It’s 100% PRIVATIZED BY THE GROUP OF BANKERS!
They ABSOLUTELY have the EVERYFUCKING power to print DOLLAR$$$ as much as they fucking like.
Did I tell you this is a gigantic bullshit scheme? It’s the perfect system to put everyone on an enormous debt.
Cartoon from 1912, one year before the creation of the Federal Reserve…
1. It concentrated the nation’s financial strength in a single institution.
2. It exposed the government to control by foreign interests.
3. It served mainly to make the rich richer.
4. It exercised too much control over members of Congress.
5. Banks are controlled by a few select families.
6. Banks have a long history of instigating wars between nations, forcing them to borrow funding to pay for them.
* FIY Andrew Jackson was the 7th U.S. President.
This is quite frightening (emphasis from the source):
This story from Bloomberg just hit the wires this morning. Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC.
This means that the investment bank’s European derivatives exposure is now backstopped by U.S. taxpayers. Bank of America didn’t get regulatory approval to do this, they just did it at the request of frightened counterparties. Now the Fed and the FDIC are fighting as to whether this was sound. The Fed wants to “give relief” to the bank holding company, which is under heavy pressure.
This is a direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input. You will also read below that JP Morgan is apparently doing the same thing with $79 trillion of notional derivatives guaranteed by the FDIC and Federal Reserve.
What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in CDS insurance contracts sold by Bank of America and JP Morgan. Even worse, the total exposure is unknown because Wall Street successfully lobbied during Dodd-Frank passage so that no central exchange would exist keeping track of net derivative exposure.
This is a recipe for Armageddon. Bernanke is absolutely insane. No wonder Geithner has been hopping all over Europe begging and cajoling leaders to put together a massive bailout of troubled banks. His worst nightmare is Eurozone bank defaults leading to the collapse of the large U.S. banks who have been happily selling default insurance on European banks since the crisis began.
It’s interesting we never hear anything about this in the US media. Why Occupy Wall Street? Here’s a good reason. hope Europe does not implode, but the latest news isn’t positive.
* This is a fucking WHITE COLLAR CRIME. Why aren’t these motherfucking cunts not getting locked up? Robbing us in front of our eyes.
Fuck your derivatives. THE LAST THING WE NEED IS MORE DEBT.
Get it? Follow the money: If Greece goes down, investors start fleeing Ireland, Spain, Italy, and Portugal as well. All of this sends big French and German banks reeling. If one of these banks collapses, or show signs of major strain, Wall Street is in big trouble. Possibly even bigger trouble than it was in after Lehman Brothers went down.
Federal Reserve Admits: We Have No Gold ! (by MacSlavo)
-The Federal Reserve has no gold backing the US dollar.
* Jump to 3:20 and hear what Congressmen Ron Paul has to say about the true identity of Federal Reserve Bank and it’s the cancer that led us to where we are and even worse in the future.
The Federal Reserve Bank has a right to print dollar money, but it’s owned by a group of private owners with the hidden agendas. This is the evidence of our enslavement to WAGES & MONEY.
The truth is the word “federal” in FRB is as “federal” as the company federal express.
THE FINANCIAL MELTDOWN = AS THE STANDARD OF LIVING SKYROCKETS AS OUR PURCHASING POWER WHICH IS THE PAPER $ CURRENCY GOES DOWN TO THE TOILET.