IT’S NOT A “FISCAL CLIFF” … IT’S THE DESCENT INTO LAWLESSNESS ( Part 3 )
Lawless Central Bank
The non-partisan Government Accountability Office calls the Fed corrupt and riddled with conflicts of interest. Nobel the World Bank would view any country which had a banking structure like the Fed as being corrupt and untrustworthy. The former vice president at the Federal Reserve Bank of Dallas said said he worried that the failure of the government to provide more information about its rescue spending could signal corruption. “Nontransparency in government programs is always associated with corruption in other countries, so I don’t see why it wouldn’t be here,” he said.
Moreover, the Fed has broken the law by withholding information from Congress, letting unemployment rise in order to keep inflation low, and otherwise exceeding its authority under the Federal Reserve Act.
Our central bank’s lawless and unaccountable actions are hurting the economy.
” Absolute power corrupts absolutely ” If not mistaken, shortly after the Bailout…people started to ask WHERE did the money go…..over Trillion TAXPAYER dollars ….and Ben Bernanke current head of the Federal Reserve either couldn’t or wouldn’t answer. His predecessor Alan Greenspan, bluntly stated that the U.S. Gov’t had no real control over the “private” Federal Reserve . So, in essence ,it was a fix from the start , since 1913….but again, it has reached a “fiscal cliff” crescendo.Now the magic act of taking worthless over-inflated paper and exchanging it for confiscated REAL property.
People have to keep in mind that Money , in its current form, can be manipulated by private UNaccountable interests and be as brutal a weapon as a gun or a bomb. You can literally freeze and starve people to death via fiscal sanctions etc.
Lawless Attack on Democracy
The ability of the people to participate in their government’s decision-making is vital for a nation’s prosperity. But we no longer have democracy or a republican form of government in America.
The big banks own Washington D.C. politicians, lock stock and barrel. See this, this, this and this. Two leading IMF officials, the former Vice President of the Dallas Federal Reserve, and the the head of the Federal Reserve Bank of Kansas City, Moody’s chief economist and many others have all said that the United States is controlled by an “oligarchy” or “oligopoly”, and the big banks and giant financial institutions are key players in that oligarchy.
Laws are being passed in secret, and not even Congress knows what’s going on.
In other words, not only the justice system, but the entire system of American representation has been corrupted, thus harming the economy.
COMMENT: The General Public’s version of “democracy” never really existed…. it was a mirage. What they exist within was a ticking time bomb with a long delay timer. The “oligarchy” or “oligopoly” simply set bait all over the place… till such time as the trap was ready to spring. Looking to Gov’t as a salvation is USELESS….they are in so deep and/or bought off they will be ready to follow orders and sell us sheep to the wolves in a heartbeat.
Lawless Infringement of Freedom
Personal freedom and liberty – and freedom from the arbitrary exercise of government power – are strongly correlated with a healthy economy, but America is descending into tyranny.
Authoritarian actions by the government interfere with the free market, and thus harm prosperity.
U.S. News and World Report notes:
The Fraser Institute’s latest Economic Freedom of the World Annual Report is out, and the news is not good for the United States. Ranked among the five freest countries in the world from 1975 through 2002, the United States has since dropped to 18th place.
The Cato institute notes:
The United States has plummeted to 18th place in the ranked list, trailing such countries as Estonia, Taiwan, and Qatar.