Posted on 12/22/2016 9:46:00 PM PST by Trump_vs_Evil_Witch
For years, alternative economic analysts have been warning that the “miraculous” rise in U.S. stock markets has been the symptom of wider central bank intervention and that this will result in dire future consequences. We have heard endless lies and rationalizations as to why this could not be so, and why the U.S. “recovery” is real. At the beginning of 2016, the former head of the Dallas branch of the Federal Reserve crushed all the skeptics and vindicated our position in an interview with CNBC where he stated
(Excerpt) Read more at zerohedge.com ...
The Federal Reserve gave obama 8 years of zero interest rates and $5 Trillion in debt monetization.
They kept his asinine, anti-American, socialist policies contained to “bad” instead of “disastrous.”
Don’t tell me the Federal Reserve isn’t a political institution.
If Donald Trump can lead Americans to flog the Federal Reserve bastards and make them heel, there will be a new face carved on the side of Mt. Rushmore.
Each President or Member of Congress that has tried to take on the Federal Reserve has either been assassinated, disappeared or suddenly, inexplicably retired.
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Which created long term uncertainty in the dollar and squelched any chance of real recovery. Nobody is making long term investments tying up dollars. Instead it is all short term speculation. The restoration of proper rates will do wonders for manufacturing and other sectors that need long term commitments of capital for long term returns. The market is pulling up rates all by itself anyway, the Fed is just reluctantly following.
I think the Feds might attempt to stump the Trump and end up stumped, dissolved, and currency rebased in gold.
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The Federal Reserve is neither “Federal” or a “Reserve”. It is a private, for profit, corporation. Their marching orders come to them either through the BIS in Basel, Switzerland or their parent corporation in London.
With 4 trillion + owed to them by “we the people” and much of that either short term or on demand, when they say jump Americans look like kangaroos.
When you sell your soul to the devil, you dance to his fiddle.
From Tyler’s view inside his article:
> “Unfortunately, the majority of Americans do not care to educate themselves on the finer points of finance. Their only relation to the health of the economy is their daily glance at the Dow. If it is green, or at all time highs, ***they assume that all is well***, even if their gut is telling them something is not quite right.”
Not quite Tyler. Americans don’t assume all is well. They know it is not well and the lie perpetrated by the Wall St. rigging adds to their suspicions that more is not quite right.
As Randolph wrote his script in ‘The Big Short’, we are living in an age of corruption, not just of trading markets but in government and the media as well. The whole system is corrupt. All of it.
All the bananas are rotten. There is not one banana that is not rotten.
Americans have been shaking their heads for all of the years of Obama, many of the years of GW Bush, and most all the years of BJ Clinton.
Trump came at just the right time.
“If Donald Trump can lead Americans to flog the Federal Reserve bastards and make them heel, there will be a new face carved on the side of Mt. Rushmore.”
And I, for one, even at an advanced age, will go and work on it for free.
I don’t know about the history of would-be reformers. I do believe the Fed to be the most deeply-nested instrument of internationalization\antiAmericanism in the US. I haven’t heard the President-elect say anything about it but as interest rates rise he will want to address it, I am sure.
I almost watched that movie. I came across it in "Comedies" and saw all the big name stars so I googled it and saw all the wonderful reviews and I rented it.
After ten minutes Mrs. Chandler said, "I thought this was supposed to be a comedy."
I said, "They're probably just setting the scene and introducing the characters."
After twenty minutes Mrs. Chandler said, "This is boring."
I said, "Give it a few more minutes."
At the 30:00 mark I found a different movie to watch.
can the Fed reserves banksters be removed?
It was hypertechnical and unappealing to most Americans.
To those in the industry or touched by it, it was an eye-opener and a confirmation of the happenings in the subprime mortgage bond crisis. To these people, it was very appealing and mesmerizing.
It was based on a true story and many of the characters are actual people that lived it.
My reason for quoting a line from the screenwriter is that the line is so true. The corruption is everywhere and in everything. Quoting it from Randolph puts it inside our sphere, our time.
We are surrounded today by fraud everywhere. The movie was great at showing how people could care less about fraud as long as they got theirs.
The character of Baum, an actual real person, was old school. He looked at the pervasive fraud not as a moral issue but as a practical issue in that fraud and corruption have NEVER WORKED in a thousand years. Eventually, the result is a collapsed system.
The irony of the story is that the ‘good guys’ turned out to be bad guys too. When they realized that the bad guys they were chasing and trying to nail in order to kick their teeth in, they came to the realization that by kicking the bad guys in the teeth, it meant that a whole lot of other innocent people were going to go down, that they were goig to take the system down with the bad guys getting their just desserts.
“I had to destroy the village in order to save it”. Ever hear those words before? That is the movie in a nutshell except that it happened not too long ago on Wall St. and is still happening in parts.
The lesson to be learned is that in the financial collapse, there were no good guys.
I won’t ask you or anyone to try watching it again. Even I won’t watch it again and I watched the whole thing and understood all of it. It made me angry, not the movie but seeing on screen what really happened those last years of GW Bush and all the years of Obama. I was also angry because I knew career SEC Investigators in the 2000s that were building cases against the banksters and were shut down by GW Bush people because it might hurt ‘his economic legacy’.
So actually there were good guys. They were in law enforcement with the SEC. But they were forced out or into early retirement leaving no good guys left on the field.
I am still angry.
You would be too if you saw some punks rob your entire town, all your neighbors, and family while your sheriff looked the other way and you later found he was told to look the other way by the mayor because the top elected office holders didn’t want any smell of scandal in their picture perfect town. That’s the story the film tells only the damn jargon and pace turns most viewers off.
But the jargon and understanding of the scams and the theft, the complexity of it all helped the criminals. They thought that John Q. Public would never be smart enough to catch on to their crime. So they laughed and smirked and they are still laughing and smirking.
The banksters knew there would be bailouts. They knew it so they continued their scams knowing they would never get caught because the public would never understand it and there would be bailouts by corrupt government officials and leaders.
The whole thing smelled like a big load of Clinton.
They got away with it. CRIME DOES PAY! At least it did under Clinton 42, Bush 43, and Obama 44. It pays BIG if you’re lucky to get in and out at the right times. We’ll see if crime continues to pay under Donald Trump. Somehow I don’t think so.
If Congress acts, yes.
But they won’t be removed because they have their own language and jargon that befuddles most ordinary Americans. They know they hide behind a wall of confusing language. They are students and masters of their own language that keeps Americans thinking it’s all high-level gobbledegook.
They have punked us all.
What I know about economics would fit in a very small thimble, but it seems to me, that since there is no gold standard, then all of our economy is just pie in the sky, anyway, and if Americans ever demanded all their “cash” from their banks or stocks, the entire economy would collapse, and the rest of the world’s, too, because it’s all pretend wealth, except for the few who have actual gold and maybe real estate holdings. (Though real estate would tank, too, if you actually wanted to divest yourself of it.)
Thanks for posting. Very interesting comments here and at the source (2 pages)
I agree with you.
The Federal Reserve is neither “Federal” or a “Reserve”. It is a private, for profit, corporation. Their marching orders come to them either through the BIS in Basel, Switzerland or their parent corporation in London.
Needs to be repeated at every chance.
The Federal Reserve is a private, for profit, corporation.
That was no comedy.
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