« The Ultimate October SurpriseThe Day the President Turned Black, But has he turned back? »

ELIMINATE THE FED THROUGH TRANSPARENCY AND OVERSIGHT

July 30th, 2009

Allen L Roland

Like a rabid spider the Federal Reserve has trapped the economy is its secretive web of deceit and manipulation. The only way to eliminate the Fed, or what Eliot Spitzer calls 'America's biggest Ponzi scheme', is through transparency and Congressional oversight:

The Federal Reserve is the least trusted of all government-related agencies, a new Gallup poll finds. Only 30 percent of those polled said the Fed was doing a “good” or “excellent” job, leaving it at the bottom of a list of nine agencies included in the poll. This is for good reason ~ the secretive Fed exists only to serve Wall Street's banking elite while Main Street is continually bound and blinded by its policies.

On Wednesday, Fed chair Ben Bernanke told the Senate Banking Committee that it "may be appropriate" for the government to guarantee the "mountains" of commercial real estate mortgage defaults the banks will likely be facing in the coming months ~ and the scam goes on !

In a discussion of the Fed and bank bailouts on MSNBC’s Morning Meeting, host Dylan Ratigan described the process by which the Federal Reserve exchanged $13.9 trillion of bad bank debt ( trash) for cash that it then gave to the struggling banks ~ and he used a simple game to illustrate this ponzi scheme. Eliot Spitzer, who built a reputation as “the Sheriff of Wall Street” as New York’s attorney-general and former Governor seemed to agree with Ratigan that the bank bailout amounts to “America’s greatest theft and cover-up ever.” Eight minute Video http://dailybail.com/home/eliot-spitzer-the-federal-reserve-is-a-ponzi-scheme-inside-t.html

And then we have Gerald Celente, on the Alex Jones show a few days ago, also calling the Fed's Wall Street bailout the greatest crime, or Ponzi Scheme, ever perpetrated on Americans and predicting once again ~ Obamageddon. But Celente also said that the next shocking financial shoe to drop will be the Obama budget ~ whose announcement has been delayed until after the August recess. 9 Minute Video
http://mysticalamaven.wordpress.com/2009/07/22/pt14-gerald-celente-on-the-alex-jones-show-22-july-2009/
We've been had,or stung, by the fed spider, folks ~ so let's take to the streets, make some noise, demand Wall Street and Fed reform and get a lot of politicians nervous.

Remember, there's a mid-term election next year.

Allen L Roland http://blogs.salon.com/0002255/2009/07/29.html

Freelance Online columnist Allen L Roland is available for comments, interviews and speaking engagements ( allen@allenroland.com )

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.

-###-

Allen Roland’s weblog: http://blogs.salon.com/0002255/
Website: www.allenroland.com
ONLY THE TRUTH IS REVOLUTIONARY

No feedback yet

Voices

Voices

  • by Tracy Turner Disaster Relief and Economic Stimulus: A Comparison of the 1986-1987 Earthquakes with the 2025 Los Angeles Wildfires In 1986-1987, California had suffered three major earthquakes that caused immense destruction. The disasters led to the…
  • By David Swanson, World BEYOND War The U.S. Secretary of State has taken a break from demanding more weapons shipments to fuel the genocide in Palestine, to announce that he has “recognized” a genocide in Sudan. Blinken says he has based his…
  • Bush Obama Trump America US Kill List Disposition Matrix By Melanie Poon The NSA, FBI and LEIU (National Security Agency, Federal Bureau of Investigation and Law Enforcement Intelligence Units) and Fusion Centers have been and are sub-contracting their…
  • by Janet Campbell Image via Pexels Choosing to move closer to an elderly family member or friend who needs your help is a major life decision, filled with emotional and logistical challenges. Without question, your support and presence can make a world…
  • Are the Crypto-Zionist Media Also War Criminals? Chris Spencer This is all collateral damage which is Hamas's fault because this is our right. We own the News, The Politicians and the "Defense" Industry. The Palestinians did this to themselves, we are…
  • Los Angeles County Arboretum and Bernheim Forest in Kentucky Under the serene, idyllic facade of many, many U.S. Public Gardens lies a dark, toxic underbelly. Chris Spencer Public gardens, arboreta, and botanical parks have conventionally been regarded…
  • Delve into how COINTELPRO's legacy evolved with advanced surveillance techniques like scalar vircator and EMF weapons. Learn about the modern-day FBI's use of these technologies to suppress dissent and political movements
  • Tracy Turner Last thing I remember, I was Running for the door I had to find the passage back to the place I was before 'Relax' said the night man 'We are programmed to receive You can check out any time you like But you can never leave! - The Eagles…
  • Uncovering the Truth Behind Organic Claims at Vons, Safeway, Albertsons, Jewel-Osco, and More Tracy Turner Low-Quality, Third World "Food" Is Sold As Some "Premium Commodity" By Pro-Zionist, Pro-Surveillance Role Players Feudal Grocers. Their Stores and…
  • No one should ever work. Work is the source of nearly all the misery in the world. Almost any evil you’d care to name comes from working or from living in a world designed for work. In order to stop suffering, we have to stop working. That doesn’t mean…
January 2025
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

  XML Feeds

Free blog engine
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor
ozlu Sozler GereksizGercek Hava Durumu Firma Rehberi Hava Durumu Firma Rehberi E-okul Veli Firma Rehberi