Sunday, June 14, 2009

NWO - SOCIALISM - AND THE FED

There is just so much bad going on. I, along with many others, think a lot of the mess we are in has a lot to do with the Federal Reserve, and their tinkering around with our money supply, interest rates, and everything else they have their sweaty little palms into.

So this little snippet, buried deep in an article buried deep in the news, which defies all common sense:

One way or another, the Fed could be a winner in the administration's plan.

The administration and Fed Chairman Ben Bernanke would like the central bank to be the overarching "systemic risk" regulator, lording over the financial system in search of flaws and weak stress points. Such a role would give the Fed exceptional authority as both the manager of monetary policy and the overseer of the enterprises with the biggest financial footprint in the country, if not the world.

Industry officials now expect Obama and Geithner to propose a system that makes the Fed a supervisor of systemic risk assisted by a council of regulators that would advise the central bank about potential dangers.

Also in the debate is how to handle failing institutions that pose a threat to the entire financial system. The administration wants a beefed up FDIC to carry out that function provided such intervention is triggered by Fed or Treasury regulators.

It is a new cabal being formed here. The FED, which answers to no one and has absolute power of the money supply, will now answer to no one and have absolute power over the entire financial industry.

The whole thing is being rigged for the few to control the many. This is the New World Order that everyone has been talking about. It is a socialist government where all power and decisions are made by a handful, and that handful control every aspect of the country. And it is happening at breakneck speed.

The folks screaming a NWO is coming have been right. They were just looking at the wrong people.

No comments:

Post a Comment