July 27, 2009
Ron Paul has
Bernanke on the run.
Fears about the
audit the Fed Bill,
H.R. 1207 - Federal Reserve Transparency Act of 2009 has
the conspirators who own
The Fed, shipping out their head puppy to go
around, assuring everyone that the Fed is a good guy, not the epicenter of
the destruction of our currency and financial systems.
Of course, instead of
having this clueless man debate, say, Ron Paul in public, he is going around
chatting with handpicked audiences who ask simplistic, silly questions he
can easily answer.
But he has yet to engage us, the army of online critics
and Ron Paul’s bill supporters.
In a Shift, Fed Puts Bernanke
in Public Spotlight
In a profound departure from the central bank’s tradition as an aloof and
secretive temple of economic policy, Mr. Bernanke has plunged into the
public spotlight to an extent that none of his predecessors would have
This is outright propaganda. I have lived long enough to see many things.
One thing is certain: giving little speeches has zero to do with engaging us
in a real debate. The only times this man, who I dubbed, ‘The Sphinx’, has
anything even remotely resembling a spirited debate about the real issues is
when he is forced to sit before Congress and is put under oath.
Proof that Bernanke is not the first Fed chief to go about making speeches
and writing editorials, etc, is very easy to find. The Fed, itself, has
opened the files of all the speeches, letters and such that the Fed chief
during Eisenhower to Nixon years.
Here is the website:
FRASER » Federal
Reserve Archival System for Economic Research
Even a quick perusal shows that Martin Jr. made many intelligent speeches
about the pressing issues that involved how the Federal Reserve operated,
its history and its systems.
Examining these editorials and speeches is most
interesting. He actually sounds intelligent. Unlike both Bernanke and
Greenspan, he didn’t talk like a small school boy nor did he pretend he
didn’t know what the hell was going on and that we are all nuts to ask any
This arrogant stupidity is a put-on. Both Greenspan and Bernanke knew
perfectly well, what they were doing and they don’t want us to know which is
why they want to keep the Fed’s operations as secret as possible.’
He has given a television interview to “60 Minutes” on
CBS, including a tour
of his hometown, Dillon, S.C.; held what amounted to a televised news
conference; and written newspaper commentaries to explain the Fed’s efforts
the financial crisis.
The Fed just presided over the total, complete and utter collapse of
international banking systems. This is no small matter, this is in the
process of hammering the entire planet’s economic systems. The Fed is now
more ‘open’ than in the past in that they now have an online presence which
includes all those charts and graphs many of us online commentators love to
use. I am grateful for this.
the OCC - Office of the Comptroller
of the Currency - Administrator of National Banks which used to be the
Constitutional regulator of interest rates and the value of the dollar has
superior graphs, charts and reports.
Compared to the OCC, the Federal Reserve has barely any information and
virtually no analysis of systems such as the OCC Derivatives Reports which I
constantly refer to and which has splendid graphs. These reports are a
thousand times more informative than any Fed report I have ever seen.
On Sunday, Mr. Bernanke reached another milestone in his evolution from Fed
chairman to Fed showman, participating in a one-hour town hall-style forum
here organized and moderated by
Jim Lehrer of “The NewsHour” on PBS.
Lehrer is a member of the conspirators who rule us via operations like the
Bilderberg gang or the Trilateral Commission.
Here is one website that talks
about this: The Trilateral Commission (TC)
excerpted from the book The Bilderberg Group by Daniel Estulin
The cornerstone of PBS’s programming is the evening television news
program, The NewsHour with Jim Lehrer. Jim Lehrer, however, is a member of
the Council on Foreign Relations.
For most of PBS’ history, funding was
Archer Daniels Midland, whose Chairman
Dwayne Andreas was a member of the
PepsiCo [a CFR
company], whose newly promoted Chief Executive Officer, Indra Krishnamurthy
Nooyi, is a
Bilderberger and a Trilateral Commission Executive Committee
Smith Barney [a CFR company], one of the world’s leading
Furthermore, Smith Barney is interlocked with
Citigroup Inc., a global financial services company that is a member of the Bilderberg Group, the CFR and the Trilateral Commission.
Journalists who participate in The NewsHour With Jim Lehrer are some of
the best-known political pundits in the United States, such as:
All of them belong to the Bilderberg Group, the CFR or the Trilateral Commission.
Lehrer is presented to the public as some sort of ‘neutral’ person who is
speaking on our behalf.
Aside from being terminally boring… I am a close
observer of things political and this droning, silly man simply puts me to
sleep so I far prefer to use transcripts. Indeed, his muffled drone is
designed to put anyone intelligent to sleep. You want to strangle him.
The Trilateralists were so frightened by the possibility of a real debate
happening after third party candidates began demanding the right to
participate in Presidential debates, after Ross Perot showed up with his
famous charts and graphs, they took away the sponsorship of the debates from
the League of Women Voters and handed it off to themselves.
Since then, our debates have been steadily dumbed down to the level of
droning stupidity controlled with Lehrer who dominates the stage, physically
(only he can roam around) and verbally (he totally controls the conversation
and punishes anyone who challenges his control). I have ceased watching
these boring faux debates and take note only to see how this Trilateral
monster manipulates things which, in the cases of both Ron Paul and
Kucinich, is openly hostile and dismissive.
Frightened to death by Ron Paul’s bill, this tool was chosen to shepherd
Bernanke around so ‘ordinary’ (i.e.: clueless) Americans get to ask simple,
small, meaningless questions. Imagine if Lehrer were to run a series of town
hall question times concerning the Trilateral Commission or the Council of
Foreign Relations or the Bilderberg secret enclaves! HAHAHA.
Like a political candidate on the campaign trail
- indeed, his four-year
term expires in January - Mr. Bernanke fielded questions from local
residents and tried to rebuff charges that the Fed was either conspiring
with big banks, stifling free-market capitalism or possibly doing both at
the same time.
HAHAHA. The NYT wants us to laugh to death. Yes, this is a campaign and yes,
it is certainly very political in nature.
The Fed IS ‘Big Banks’! It is NOT
an agency, it is a PRIVATE BIG BANK, the biggest and most powerful private
bank on earth. It is not only a big private bank, it is controlled at every
level at the top by the biggest investment banks in the world!
JP Morgan and
Goldman Sachs, for example, control the NY Fed which is by far, the most
important part of the consortium and the one most entangled in international
banking and secret associations that conspire to control the US economy and
When a small-business owner asked Mr. Bernanke why the Fed helped rescue big
banks while “short-changing” small companies, Mr. Bernanke answered that he
had decided to “hold my nose” because he was afraid the entire financial
system would collapse.
HAHAHA. ’Hold my nose’, my ass. This man is funny as hell. Instead of
explaining how GS and JPM own and control the Fed and that the Fed works for
THEM, not us, is verboten.
Of course. This is the last thing Bernanke will
“I’m as disgusted by it as you are,” he
told the audience of 190 people. “Nothing made me more angry than
having to intervene, particularly in a few cases where companies
took wild bets."
If this man were Pinocchio, his nose would have grown so long, it would have
punched Lehrer in the snout and knocked him over on that stage.
GS and JPM
moved him from the NY Fed to the hot seat in DC really fast because they
knew by 2006 that the entire banking system was headed for collapse.
this because I knew in 2006 that we were going to have a major banking
collapse and I assume, if I know something, GS and JPM also know these
things. I know people inside of these operations (they no longer talk to me,
of course) so I know how they know these things (the same way I know these
things) and I know that they chose Bernanke because he was supposed to know
how to recapitalize them after a depression hit.
That is, his entire reputation is to be A F*CKING HELICOPTER set in motion
to shower them and ONLY them with money in the case that systems collapse!
The Fed has never wielded as much power as it does right now, but the very
expansion of its mission has exposed it to more second-guessing and more
challenges to its political independence than ever before.
“The Federal Reserve, in collaboration with the giant banks, has created the
greatest financial crisis the world has ever seen,” Representative Ron Paul,
Republican of Texas, said at a House hearing last week in which Mr. Bernanke
testified about the state of the economy.
The NYT has quoted Ron Paul and done it in a respectful way?
This gives me some hope. Ron Paul has been deliberately muffled inside this
dark bag so no one would hear him. Thanks to the internet, we can see and
hear him and he is making lots of noise.
Like any gadfly, we don’t have to
support his entire philosophy. I have many severe disputes with many of his
nostrums and beliefs but at least the man is honest, open and ready for a
debate. Three things that irritate the corrupt ruling elites no end. So I
want to thank the Times for printing a sentence from Ron even though they
should be demanding that Bernanke tour the US debating Ron, not chatting
with Trilateralist Lehrer.
Republican lawmakers portray the Fed as the embodiment of heavy-handed big
government, and have called for scaling back the central bank’s regulatory
powers. But liberal Democrats, like Representative Dennis J. Kucinich of
Ohio, have accused the Federal Reserve of caving in to demands by banks for
huge bailouts, for failing to protect consumers against dangerous financial
products and for being too secretive about its emergency rescue programs.
The world is coming to an end! HAHAHA.
The NYT even mentions but won’t
quote, Kucinich? HAHAHAHA.
Lehrer displayed open contempt towards both
Representatives during the faux debates in 2008. Now, the Times commits a
grave crime against the secret rulers: it mentions HR 1207. Without giving a
link to the bill, of course! Not to mention, not naming this bill. Why is
this so damn difficult, we ask? HAHAHAHA.
Oh, the agony of writing news
stories and the need to not give information!
More than 250 lawmakers have signed a bill sponsored by Mr. Paul that would
allow the Government Accountability Office to “audit” the Fed’s decisions on
monetary policy - a move that Fed officials see as a direct threat to their
political independence in carrying out their central mission of setting
The Central Mission of the Trilateralists and the
international bankers is
hide the true nature and business of
the Federal Reserve, the
central bank that is the only one on earth aside from the Bank of England,
that does not run on behalf of the nation it inhabits.
The private nature of
both the Fed and the B of E is their main features.
One of the things both
private banks do is set interest rates via manipulating the currency and the
holdings of public debt. We see this clearly inside the Fed’s own graphs and
The EFFECT of all these manipulations shows up not in interest rates but in
The Fed causes the currency to degrade at various speeds.
The ONLY time the currency doesn’t degrade is when the Fed causes a huge
recession or even a depression. Then, despite all efforts at destroying the
currency via wild credit creation, the system breaks down and the Fed ceases
to be able to flood markets with loans.
So basically, the Fed lends to its own owners who use the Fed to tap
directly into government funding and government credit and then hands all
the PROFITS from this over to private bankers who happen to also be the
operators running our currency. They have now destroyed the value of the
dollar by over 95% over the entire existence of the Fed.
Today, the Fed even
has the gall to tell us, they are trying as hard as possible to create
inflation so things will ‘move’ again!
A depression, after all, is when savers get their revenge. That is, they
don’t have to hand over savings to bankers. They can happily keep it in a
safe or under the mattress and it will ‘grow’ in value. None of this risk
taking business! These savings are called ‘capital’. If someone wants it to
‘grow’, one can go into various markets or invest it in property or goods.
But these have collapsed in value so people are simply sitting on nest eggs.
The way to fix a depression is to make it more valuable for savers to
invest. To do this, all the scams,
ponzi schemes and rip offs that infest
the system have to be taken care of by the police and prosecutors.
still deep in the stage where one crime after another is still coming to
We can’t restore investor confidence in the system until all the
confidence men are arrested, charged and put in prison and the fear of the
law re-instilled in the minds of anyone who goes into finances and stocks.
Bernanke Feared a
Second Great Depression
“Why don’t we just let the behemoths lay down and then make room for the
small businesses?” asked Janelle Sjue, who identified herself as a Kansas
What this woman is suggesting is, the biggest investment bankers be broken
up into smaller units. Then, the playing field will be more level.
the one thing the owners of the Fed fear.
“It wasn’t to help the big firms that we intervened,” Mr. Bernanke
said, diving into a discourse on the damage to the overall economy
that can result when financial firms that are “too big to fail”
“When the elephant falls down, all the grass gets crushed as well,” Mr.
He described himself as “disgusted” with the
circumstances that led him to rescue a couple of large firms, and called
for new laws that would allow financial firms other than banks to fail
without going into bankruptcy…
The NYT didn’t mention this tidbit! HAHAHA. We are the ‘grass’ these
elephants stomp into the ground. If they fall down, they crush things due to
being big and fat. But when they are walking, they STILL crush us with their
big, fat fee! Next, the WSJ mentions Ron Paul’s bill without giving any
details so the reader can compare Ron’s bill with Bernanke’s blarney.
Congress already can look at the Fed’s
books and loans that could be at risk for taxpayers, he said.
Under the proposed law, the GAO would also
be able to subpoena information from Fed officials and make judgments
about interest-rate decisions based on requests from Congress.
“I don’t think that’s consistent with
independence,” he said. “I don’t think people want Congress making
THIS INFURIATES ME.
Congress should slap this clown down but won’t, of
course. How dare this PRIVATE banker tell us that Congress is not supposed
to make ‘monetary policy’! This is exactly what the Constitution says
Congress must do! Not some private bankers! No where in the Constitution,
does it talk about private bankers being the ones to control the currency!
Congress is 100% responsible for all this and shoved off responsibility!
This is why the dollar has suddenly plunged in value while Congress has
voted repeatedly for nearly my entire life to not live within its means. The
budget overruns are epidemic, hideous and a growing menace to the very
existence of our country as a country! We are GOING BANKRUPT because neither
the Fed nor Congress are making monetary policy.
They are both EVADING
responsibility. Since no one is running things except a secretive consortium
of internationalist bankers, we are going bankrupt to internationalist
bankers and worse, to world powers like China and Japan!
After appearing before lawmakers three times last week, Mr. Bernanke broke
little new ground in explaining the state of the economy.
He said the Fed’s
expected economic growth rate of 1% in the second half of the year would
fall short of what is needed to bring down unemployment, which he sees
peaking sometime next year.
“The Federal Reserve has been putting the pedal to the metal,” he says. “We
hope that’s going to get us going next year sometime.”
Years ago, I complained about the Fed comparing themselves with drivers of a
‘They are drunk drivers! And they think they can manipulate the
currency via pushing on the gas pedal or slamming on the brakes. They will
crash this economic car.’
Well, we crashed.
Now, Bernanke wants to pretend we shouldn’t have better
drivers? How dare he!
The Fed pretended the failure in 1929 was a one-time
event. Well, they failed twice. Time to toss them. Now, on to Biden who has
been busy in Europe, trying to restart WWIII.
Since irritating Iran isn’t
enough to insure the Apocalypse, he has to kick Russia hard. So he went to
Georgia and repeated every stupid Trilateralist lie about Russia during the
Olympics. Both Russia and China don’t forget the many conspiracies being run
against them as well as Iran.
Obama pretended to go to Russia to smooth things out but as usual, came to
Russia only after insulting Putin repeatedly so the
Russians slapped Obama
This meant, the Trilateralists had to send their tool, Biden, to
resume the attacks on Russia.
Here is Biden’s latest gambit via the WSJ:
Biden Says Weakened
Russia Will Bend to U.S.
Joe Biden said in an interview that Russia’s economy is
“withering,” and suggested the trend will force the country to make
accommodations to the West on a wide range of national-security issues,
including loosening its grip on former Soviet republics and shrinking its
vast nuclear arsenal. .
And whither is the withering US economy? Eh? The US empire teeters on the
edge of bankruptcy. Our war spending is increasing. Our overhead costs of
world domination is bankrupting us. And he thinks Russia is ‘withering’? Our
own house is like Wuthering Heights: madmen screaming for Catherine, running
half naked across the moors only to fall off a cliff.
Mr. Biden said he believes Russia’s economic problems are part of a series
of developments that have contributed to a significant rethinking by Moscow
of its international self-interest. The geographical proximity of the
emerging nuclear programs in Iran and North Korea is also likely to make
Russia more cooperative with the U.S. in blocking their growth, he said. .
Russia is not scared of North Korea nor is China. Both want to stop nuclear
proliferation because both want to have more power. Just like the US won’t
let nukes proliferate except in our own hands. The US makes it impossible
for Russia and China to stop nuclear programs because the US will undermine
ANY discussions by threatening whoever Russia and China hope to disarm!
Not only that, ever since Saddam disarmed only to be murdered by the US and
his country totally dismembered and ruined, anyone who is stupid enough to
disarm should be removed from power. This is a fool’s game! This could be
played only once.
Russia learned that disarming while surrendering leads to
the US leaping in and destroying them, note how we attack Russia all the
time, verbally as well as sponsoring uprisings! Ditto in spades with China!
We constantly conspire to rip China to shreds. Our media is full of
analytical tales about how China is doomed to fall apart, for example.
We can’t wait to rend China into small pieces. And the Chinese will return
this favor in spades, here in the US, eventually.
But in the interview, at the end of a four-day trip to Ukraine and Georgia,
Mr. Biden said domestic troubles are the most important factor driving
Russia’s new global outlook.
“I think we vastly underestimate the
hand that we hold,” he said…
What a fool. Far from ‘underestimating’ our power, we are full of hubris and
The US has embraced Eastern Europe which has sailed merrily into the
rocks and is now in full economic collapse. Social unrest is spreading. The
cure the US peddles always is ethnic identity politics which means, we can
rip apart countries based on ethnic lines.
An insane policy pursued since WWI. And one that will bite us hard in the
What if Russia and China were to fund Hispanic secessionists? Or Palin’s Alaska secession? Or to peel off Texas or Florida? Or split off a
“Russia has to make some very difficult,
calculated decisions,” Mr. Biden said. “They have a shrinking
population base, they have a withering economy, they have a banking
sector and structure that is not likely to be able to withstand the
next 15 years, they’re in a situation where the world is changing
before them and they’re clinging to something in the past that is
Mr. Biden’s remarks were the most pointed to date by a senior administration
official on why the Obama administration believes its “reset” with Russia is
likely to succeed, while previous efforts to engage Moscow by the Clinton
and Bush administrations ended with little progress.
Good grief! Whose banking system just collapsed, Biden? Look in the mirror!
But then, hubris knows no mirrors.
This looks increasingly like the ‘reset’
set into motion by the Trilateralists is to return to the Cold War, a
favorite time for them.