Friday, May 14, 2010

The Federal Reserve keeps its power

The Fed runs the show, not your elected puppets. Destroying the Federal Reserve is the only real shot we have at restoring some semblance of economic stability and freedom in this country through the current constitutional republic. But they've got their tentacles wrapped around every institution necessary to fight it - the media, the government, the military. They're not going anywhere.

So you only have one choice, and you're slaves to these oligarchs until you make the choice and fight for it: hit the reset button, secede, nullify, and repudiate. The republic is dead. We didn't keep it. It was gone likely long before you were born - in 1913 when the Federal Reserve and the income tax was born. A rotting corpse it has been ever since. It's not your fault, and there's nothing you can do to reverse the damage. The only option is to say you didn't choose this, you didn't vote for this, and you won't participate or pay for any of it.

    The Hill -

    Populist lawmakers are failing to convert public outrage at Wall Street into tighter controls on the Federal Reserve.

    Despite attracting blame for the financial meltdown and great recession, the central bank is emerging with its powers mostly intact and free of political interference.

    Instead of submitting to a chokehold by Congress, the Fed is walking away largely unscathed from fights with lawmakers from the left and right.

    As Congress revamps Wall Street regulations, Democrats and Republicans have sharply criticized the Fed and its chairman, Ben Bernanke, for lapses in the run-up to the crisis. They have lashed out at the bank for committing trillions in taxpayer dollars to bail out Wall Street.

    In January, Bernanke received the fewest votes in support of his confirmation of any Fed chairman.

    But a bipartisan consensus is emerging to protect the Fed’s independence and shore up the private market’s confidence in the central bank.

Read all of it.