The Federal Reserve, a Privately Owned Banking Cartel, Has Been Given Police Powers, with Glock 22s and Patrol Cars

The Fed Declares War (on the poor, retirees, and the middle class)

The Fed has decided to go all-out in fueling the next massive asset bubbles through its QE3 bazooka. The Fed announced plans to buy $40 billion worth of mortgage securities per month on an open-ended basis, while continuing to reinvest its income from the securities purchased during QE1 and QE2.

Now here is the dangerous side to this equation. This rally will also lead oil and grains to new highs, which will results in higher gas prices at the pump and food prices at the grocery store. While employment and wages are still low, this will hurt the working class.

This massive and irresponsible Fed stimulus package by Ben Bernanke & Co. will make the rich richer by fueling their asset portfolios and bringing loads of misery to the poor, who will find it harder to make ends meet.

Besides the poor, this latest move also declares war on the retirees or those who subsist on fixed income returns from bonds. With the Fed's monetary policy stuck at zero for another three years at least and more Federal money creating artificial demand for fixed income assets, yields will not rise for quite a while. This means that the coupons on newly issued government and agency bonds will be stuck at below inflation rates.

Another debilitating aspect of the latest round of QE is that by removing coupon generating bonds from the monetary system, it reduces the amount of money in the economy, thus reducing aggregate demand.

In summary, QE will reduce net savings of U.S. dollar holders and increase paper wealth in terms of higher equity market valuations.

[link to seekingalpha.com]

"coast to coast without warrant"

The U.S. Federal Reserve's decision last week to launch a fresh round of bond-buying will provide "important added stimulus" to jobs and shore up the economy against possible future shocks, a top Fed official said on Tuesday.

"With the problems we face and the potential dangers lying ahead, it is essential to do as much as we can now to bolster the resiliency and vibrancy of the economy,'' Chicago Fed President Charles Evans said in remarks prepared for delivery at a breakfast sponsored by the Bank of Ann Arbor.

But the U.S. central bank could do still more, Evans said, including stating a tolerance for policies that could produce slightly higher inflation as long as those policies also bring down the jobless rate.

[link to www.cnbc.com]

treason

Is this Obama's private army? How many of these FRLEO's do they have?

Treason.

lil

That's an extremely psychopathic statement literally begging for psychopaths to join up.

Land of the Free, Baby

Great. More alphabet agencies. Just what the US needs.

Add billions of Hollow Points to the list and there you go.

They do not have LAWFUL jurisdiction!
Reserve your rights
AND if need be defend yourself
this is fucking criminal.
Next the fucking Savings and Loan
will be taking down perps for overdraft fees.

Last Edited by Hugh G. Rechtion on 09/18/2012 09:43 AM

Much thanks for pin!!

The Fed is not a government agency. It is a privately owned corporation. This is totally illegal. Treason is right.

I'm not sure how I missed THIS. So here's another "known." But how about the "unknowns." And what galls me is the lack of accountability or responsibility Congress and the Senate take for having knowledge of so much subversive activity. They're all such phonies on both sides of the aisle.

Are there any historians in the crowd who can point to a moment in American history when the leadership of this nation actually gave a shit about liberty and freedom following, let's say, the War of 1812? To the best of my lamen's ability to tell, the foreign bankers were suitably entrenched following the Civil War, and that was the end of the "liberty" experiment.

Holy crap, op! Good find.

Now, I am leaving this psychotic prison country as soon as I can. The landscape is great, but the banksters have truly taken over.

There is no "America."

It is gone.

The Rothschilds (bankers and friends) have been working on this since the original colonies.

At the time, they had nearly accomplished their goal of owning all monarchies of Europe and the America were just another asset to be acquired.

All of that "history" you read is THE BANKERS' version of history. ALL of it is spun to create false explanations for the events - if they occurred at all :P

So, you cannot base your understanding of our current situation on THEIR books and tall tales.

You have to assume that complete control and ownership of America by the bankers was the goal from the start.

We are just another social experiment like China and USSR, North Korea, etc.

Only difference is that we have been told we are free and everybody else is not.

Lies.

It was 1871 when the country became a corporation.
That was the end of "liberty" and how they've quietly subverted the constitution and stealthily aborted the Bill of Rights.
The country has been usurped.

NIGERIA'S SANUSI: ECB, US QUANTITATIVE EASING DRIVING OIL PRICE. Even they get it

[link to twitter.com]

Arent they missing 16 trillion dollars? That counts as a crime, does'nt it?

Don't Brinks, banks, and other "rent-a-cops" have the same?

Private corporations own prisons, employ GUARDS, who keep people locked up against their will....

and you can buy stock in this COMPANY...

even YOU can be a private jailer too.... :)

There is a lot of BS that goes on and nobody does shit to stop it.

Difference is Brinks and bank guards carry guns to PROTECT against theft and robbery... no "arrest" powers.

The Patriot Act of 2001 EXPIRED...

the usurper Obama is inelegible to sign any bill into law..this who scam of the last 4 years is meaningless...nothing the Corporate Government has done is legal under the US Constitution.

No executive order has any authority over the US Constitution....

No Act of Congress has any authority over the US Consititution...

don't give up your power to their criminal WORDS...their WORDS/ACTIONS are NOT LAW!

The Corporate US Government supporters are criminals; they are being arrested by the pentagon......it's over for the Corporation in Washington D.C. Bush Sr and his cronnies need to be hung in front of the White House for TREASON

America is a REPUBLIC, NOT A CORPORATION....WE ARE NOT TIED TO LONDON, AND ROME.....WE AMERICANS ARE SEPARATE...

LONDON, ROME, AND THE US CORPORATION ARE FLAT BUSTED..BANKRUPT...THEY ARE GOING DOWN IN FLAMES!

HOORAH FOR THE REPUBLIC...RON PAUL IS THE NEXT POTUS OF OUR GREAT REPUBLIC...THE CORPORATION IS DEAD! >>>>MITT ROMNEY AND OBAMA.....CORPORATE CRIMINALS.

where the fvck is Andrew Jackson
when you need him ???

“It’s about respect and recognition from your peers. It’s you.”

Money never bought respect.

Praise the lord for Peak Cheap Energy because it will cause the death of America.