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Forum Post: Here Comes The Global, US-Funded Liquidity Bail Out

Posted 2 years ago on Nov. 30, 2011, 9:45 a.m. EST by Scout (729)
This content is user submitted and not an official statement

11 Comments

11 Comments


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[-] 3 points by budrudesill (3) 2 years ago

The Occupy Wall Street movement should be Occupy The Fed. They are who's in control of the economy of our country, and Europe. They are the tool of The New World Order which is the Oligarchy controlled by the Rotschild family. Our two political parties are part of that oligarchy. America isn't a democracy. It isn't supposed to be a democracy. It is supposed to be a Republic. Think about the words of the pledge of alegence to the flag if you don't believe me. Returning our country to the people is simple, re-enstate the Republic, kill the Fed, turn the supreme court back to the people (they are not elected), and take away the designation of corporations as individuals. Bud Rudesill

[-] 1 points by guru401 (228) 2 years ago

Well said. Think about it. The Fed is not checked by anyone. They are unelected officials who have a stranglehold over the world's economy. It can do whatever it wants with no supervision. In the meantime, it fucks the middle class via inflation and the bankers all get paid. Disgusting.

[-] 1 points by PublicCurrency (1387) 2 years ago

The Federal Reserve Act is not even legal. A bill cannot legally modify the United States Constitution, the primary law of our land.

[-] 0 points by Scout (729) 2 years ago

It isn't supposed to be a democracy. It is supposed to be a Republic

Sadly few people understand the significance of your poignant words

[-] 2 points by MonetizingDiscontent (1257) 2 years ago

-Fantastic Post-

[-] 2 points by aahpat (1407) 2 years ago

IMPEACH the entire Federal Reserve Bank board of governors!

Expand the Occupations to the Federal reserve Bank branches and offices across America.

Addresses for:

Fed banks; http://www.federalreserve.gov/fraddress.htm

Fed branches; http://www.federalreserve.gov/branches.htm

[-] 1 points by guru401 (228) 2 years ago

For those who oppose Ron P@ul, how do OWSers not agree with this statement he made on the Fed action today:

The Fed's latest actions in cooperating with foreign central banks to undertake liquidity swaps of dollars for foreign currencies is another reason why Congress needs enhanced power to oversee and audit the Fed. Under current law Congress cannot examine these types of agreements. Those who would argue that auditing the Fed or these agreements with central banks harms the Fed's independence should reevaluate the Fed's supposed independence when the Fed bails out Europe so soon after President Obama promised US assistance in resolving the Euro crisis.

Rather than calming markets, these arrangements should indicate just how frightened governments around the world are about the European financial crisis. Central banks are grasping at straws, hoping that flooding the world with money created out of thin air will somehow resolve a crisis caused by uncontrolled government spending and irresponsible debt issuance. Congress should not permit this type of open-ended commitment on the part of the Fed, a commitment which could easily run into the trillions of dollars. These dollar swaps are purely inflationary and will harm American consumers as much as any form of quantitative easing.

The Fed is behaving much as it did during the 2008 financial crisis, only this time instead of bailing out politically well-connected too-big-to-fail firms it is bailing out profligate government spending. Citizens the world over deserve better than this. They deserve sound money that cannot be manipulated and created out of thin air by central planners who promise printed prosperity. Fiat money caused this European crisis and the financial crisis before it. More fiat money is not the cure. The global fiat currency system has proven itself a failure, we need real monetary reform. We need sound money.

[-] 1 points by aahpat (1407) 2 years ago

IMPEACH THE ENTIRE FEDERAL RESERVE BOARD OF GOVERNORS!!!

According to a Goldman-Sachs investment director on CNBC, Goldman-Sachs approves of the actions by the Federal Reserve and EU central banks to throw free money at Goldman-Sachs. Goldman-Schs is very self-satisfied at their successful extortion of the government bankers of the U.S. and Europe.

IMPEACH THE ENTIRE FEDERAL RESERVE BOARD OF GOVERNORS!!!

[-] 1 points by Scout (729) 2 years ago

Goldman-Sachs approves.....well at this rate Goldman-Sachs will need to give their approval for us to wipe our asses. No wonder they are called the squid

[-] 1 points by MonetizingDiscontent (1257) 2 years ago

lol