BLOOMBERG AND SUING THE FEDERAL RESERVE
Once again, The Daily Bell has hit on something and you should know about it if you don't:
The Real Reason Bloomberg Sued to Open Up Fed Records?
It's worth pondering several things here, in the wake of the central banks'....er...the police's crackdown on the Occupy movement in recent weeks,and I quote:
"In fact, here is how you can tell an apologist-for-the-system from a freedom-fighter in this "sophisticated" day and age: They will claim the problem lies with Wall Street crookery rather than with the larger system of printing counterfeit money (central banking).
"And thus our conclusion as regards Bloomberg. Mike Bloomberg himself is surely a card-carrying member of the elite, isn't he? His firm was given tremendous advantages by Merrill Lynch that initially held 30 percent of his firm and supposedly in return gave him insider prices on long Treasuries from their Desk. That's why people bought his machines initially, as we understand it, not for their "technology."
"So Mike does what's necessary to save the franchise, in our humble opinion (the Fed franchise). He even sues to force the US Federal Reserve to open up its books about its 2008 bailouts. (Yes, we know, during the course of the legal action the reporter from Bloomberg who initiated it died of a heart attack but Bloomberg as a corporation persevered).
"As a result, we now know that the Fed disbursed some US$13 trillion to American commercial banks! This has caused a firestorm. But watch ... The powers-that-be, the manipulators behind this latest elite meme will NOT blame the Federal Reserve. They will chase after the "crooks" on Wall Street.
"It would be funny if it were not pathetic. The top men of Wall Street don't fully understand the system, either. They think their elite masters (the tip-top elite families and their enablers and associates) will protect them."
But as the Daily Bell goes on to illustrate, it's another replay of the hearings of the 1930s, with orchestrated "shock and dismay" coming out of the the banks, and more regulations to do precisely what the central bankers want , namely, to drive any remaining small banks independent of the Federal Reserve System into it, or, if not, to drive them out of business. In short, the so-called capitalists are the very last ones to embrace the idea of a market when it comes to money itself.
There is a lesson here for all those flocking to gold to maintain their security and wealth: as the article points out, Franklin Roosevelt simply demanded that all private holdings of gold be turned over to the government, at the insistence of his money men. The lesson? Very simply this: the banksters want to reduce all to slavery. So I concur with The Daily Bell, don't believe a word coming out of the politicians about regulation, after all, if they're opening their mouths at all, they're probably lying.
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Not really into Wilcock’s work, but this ongoing mega billion debacle that started with two Japanese nationals caught on the Italian border with Treasury bonds totalling almost 140 billion dollars. Time will tell if Fulfords story passes muster, but so far revelatioans are on his side.
The recent fiasco with MF Global will bring the price of gold/silver down.
Care to can bet your last nickle on on ‘their’ system?
Just remember: they are artist extremist in deception & illusion.
As Dr Farrell says, if they’re opening their mouths at all, they’re propably lying.
We’re no longer on the gold standard so the Feds don’t care if you hold your wealth in the form of gold or beanie babies.
If Uncle Sam really did care about gold prices, it could instantly crush its market value without confiscating a single gold coin. 1. It could levy transaction tax on gold market (physical and derivative). 2. It could tax the unrealized capital gains of gold holdings annually. 3. Most simply (the prior two actions would require an Act of Congress), remember the Secretary of the Treasury controls the largest gold stockpile in the world (over 800 tons). He can put any or all all his (well, our) chips on the table at any time. I wonder what 800 tons of gold offered for sale “at market” out of the blue on a Friday afternoon would do to gold market prices?
Ironically, people who put their trust in gold are relying on the good faith and fair dealing of the US govt every bit as much as people who put their trust in US Treasury bonds.
I’m sorry, I see dramatically understated US gold reserves (I got confused translating between ounces, pounds and tons).
According to CNBC, the US Dept of Treasury holds 8,965.6 tons of gold holdings.
I’ve read where Soros sold all his gold. Can’t confirm it and wouldn’t trust him anyway.
But aren’t the private (for profit) entities which mostly control the Fed’s boards companies with names like JP Morgan/Chase, BofA, Goldman Sachs, Brown Brothers Harriman, Citi and other more obscure ones [note no question mark].
So attacking Wall Street seems very apt, and in fact some at OWS certainly did urge an examination of the Fed.
That there is a public face to Wall Street and a occulted one is just another part of the problem.
Seems that both Bloomberg News and the Daily Bell are misdirecting things–probably both on purpose.
Hmmm….you got it, but you still don’t know what is
really going on behind the scenes, in whispers
(even to each other) and why they could NOT
accomplish this sooner, which they really haven’t
yet (? won’t) either.
They are missing more than cards from their (?)deck
and more than a few brain cells.
What’s all this, then? 😉
While Wilcock’s book was pretty good,
there were some moments when I
think he forgot to wake up his brain.
A good cup of coffee over his head might
have done the trick, not too hot, of course!
Don’t need THAT word.
We are just as brainwashed in THAT
department as in everything else.
You make a very good point here Dr Farrell. The very Executive Order that authorized the confiscation of gold under Roosevelt has never been repealed. All those purchases of gold by customers could become federal property at the whim of BigGov.
What the question should be is, how many Americans would actually turn in their gold today, or their guns for that matter? The corporation in DC is rapidly approaching the point where their predations, their wars and their commands will no longer be tolerated by a public rightly fed up with this criminal gang who are doing the bidding of their one world over lords.
Looking back historically, whenever any empire appears to be so powerful, so strong and so irresistible, is almost always the time right before it collapses. Like a soap bubble, centralized political power can expand only so much before it becomes distended to the point where it must burst.
From the actions being taken and coming out of the district of corruption, it’s hard to imagine that day will be too far off. There are after all, laws of social organization that are just as fundamental and immutable as the laws of science, even if no one understands or recognizes them.