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To: Just mythoughts

I totally agree that the Fed is a “World” banking enterprise. Operates in secret not accountable to anyone!! That is downright scary!


40 posted on 09/04/2009 6:22:15 AM PDT by panthermom
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To: panthermom
I totally agree that the Fed is a "World" banking enterprise. Operates in secret not accountable to anyone!! That is downright scary!

What's scariest to me is they have no clue about capitalism except destroying it with credit bubbles. But it is also scary that they can and do secretly conspire with other world banks to manipulate the credit markets. My evidence is simple: does it make the slightest bit of sense to loan money to the US Government for 30 years at 4.5% considering our looming 50T plus shortfall? No, the treasury market is in a multi-decade bubble propped up by machinations with or against foreigners. This market distortion will inevitable collapse with the probable loss of the dollar or even our country's existence.

42 posted on 09/04/2009 6:44:58 AM PDT by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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