It doesn't matter which side of the political isle you stand. Both sides have been swindled. What we have now is a soft revolution taking place. It has been in the works for a very long time, and it is now in complete control of our country.
As I have mentioned, Ron Paul had introduced a Bill to audit the Federal Reserve. A similar Bill was introduced in the Senate, and was shot down in flames last week. The Federal Reserve has hired a top notch Washington Lobbyist to either kill or muddy up the Bill. And this strategy seems to be working.
Federal Reserve deputy chairman Donald Kohn on Thursday defended the U.S. central bank's independence, saying congressional oversight could interfere with monetary policymaking.
The question is how would auditing the Fed's books, interfere with with monetary policy? Under the Constitution, Congress is the only agency that is allowed to issue currency. Now the folks at the Fed say that just looking at what they are doing will send things spiraling out of control? Makes one wonder just what is going on over there.
If the Government Accountability Office (GAO), the investigative arm of Congress, were authorized to audit the Fed, that "could cast a chill on monetary policy deliberations," Kohn told a House of Representatives committee.
"Although Federal Reserve officials regularly explain the rationale for their policy decisions in public venues, the process of vetting ideas and proposals, many of which are never incorporated into policy decisions, could suffer from the threat of public disclosure," Kohn said.
He also defended the Fed's closed-door policy-setting meetings as vital for the financial markets and the public.
Credit rating agencies, Kohn warned, would lower their ratings on the United States if the independence of the central bank seemed threatened, which would make it more costly for the government to borrow at a time when its deficit is soaring amid a recession.
The only reason that looking at their books would create the havoc Kohn describes, if if something really fishy is going on. Like, they have been printing more money then we know about, they have been doing deals with foreign countries and banks we don't know about. Things that if they came to light, would devalue to Dollar and send interest rates skyrocketing,
One must remember, under their charter, the Federal Reserve answers to absolutely nobody. Not congress, not the President.
Which makes it curious why the Federal Reserve and the Treasury always have Goldman Sach's alumni in charge.
At the Treasury we now have Tim Geitner. n May 2007 he worked to reduce the capital required to run a bank, right before the banking crash.
Mr Geitner previously worked for this guy, Robert Edward Rubin, who served as the 70th United States Secretary of the Treasury during both the first and second Clinton administrations. Before his government service, he spent 26 years at Goldman Sachs.
Henery Paulson, former Goldman Sach's, Joshua B. Bolten, Carl Roves replacement, and former Goldman Sach's excecutive. Neel T. Kashkari , Bailout Czar, and former Goldman excecutive, Then there is Dan Jester, a former strategic officer for Goldman who has been involved in most of Treasury’s recent initiatives, especially the government takeover of the mortgage giants Fannie Mae and Freddie Mac.
Then there is Steve Shafran, inventor of the Treasury’s initiative to guarantee money market funds, Kendrick R. Wilson, and the list goes on and on.
It is clear that Goldman Sach's is firmly embedded in both the Treasury and the Federal Reserve.
And what has been going on over at Goldman this past week or so?
Goldman had it's top secret computer alogorythem stolen.
According to them, if any one besides them uses this code, they could manipulate the Stock Market.
And that is one heck of as admission of guilt, since it is pretty evident that manipulating the Stock Market is exactly what Goldman has been doing for years, under the protection of both the Treasury and the Fed.
What else would they be using that program for, if even they admit it manipulates the market. And if they admit it, why doesn't the Fed or the Treasury, or the FDIC or the SEC go after them?
Because Goldman owns them all, including most of congress. A nice little band of thieves they have going. It makes Jessie James look like a mugger of little old ladies by comparison.
Yes, we have been the victims of a quite, secret revelotuin. And no one will be held accountable, because the government is just as deeply involved as Goldman is.
Goldman, with the help of the Fed and the Treasury, has been at the helm of every bubble, and every bust going back to the Great Depression. When the markets crashed last year, somehow they managed to make Hundreds of Million of Dollars, while America lost it's shirt.
But not only do they have free reign, under the Hope and Change of the Obama Administration, they have actually gotten more powerful, and more entreanched in the government.
So powerful, they can admit that not only have they been manipulating the markets, but their covented computer program for doing it has been stolen by a rouge employee.
So why does the Federal Reserve not want congress to audit their books? What would we find? Evidence of the pilfering of the American people? Evidence they have been robbing the country blind since 1913? Evidence they have been working hand in hand with Goldman Sach's in this crime against the people?
There is an excellent article about Goldman and their insidious effect on our country here:
http://zerohedge.blogspot.com/2009/06/goldman-sachs-engineering-every-major.html
It is a must read.
How does the new Administration fit into this? It is safe to say that Goldman stands to make Billion of Dollars under the new Cap and Trade Bill, and most likely under the Health Care Bill. General Electric is now firmly in bed with the Administration, and also stands to make Billions off the Cap and Trade Bill.
You and I, have no say anymore. Yes, our country has been taken over. By the bankers and the Progressives. Together they are dismantling our country and robbing us blind. Smiling all the while, telling us they will fix everything.
Sunday, July 12, 2009
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