Federal Reserve: Too Big To Fail?
Posted: June 19, 2011 Filed under: Commentary | Tags: Banks, Corruption, Crime, Currency, Fraud, History, Inflation, International, Money, News, Politics
All that has changed in 3 years is that the Federal Reserve Note is no longer the reserve currency of the world. The fraud is exposed and the emperor has no clothes. The news erroneously refers to the U. S. Dollar in articles. United States Dollars are United States Treasury Dept. issued gold and silver coinage of specified weight and purity of content. Federal Reserve Notes are borrowed into circulation, tracing their surety to another debt instrument, the U. S. treasury Bond. The world economy is teaching us the difference between United States Dollars and Federal Reserve Notes. The following describes and comments on that difference.
In reconstruction, as in all “reformation” movements, the result is always a political step, sideways. Historians can argue the details, but the judgment is always in the eye of the next power structure. More problems are created, than solved. Under pretense of public service, intrusion and coercion are fine tuned, as new crimes must be swept under the rug before private, predatory motives are exposed. The reports of coercion within the financial industry are only the tip of the iceberg. Reconstruction is never satisfied as long as there is any wealth that hasn’t been captured. Reconstruction resets it’s immediate plan to cover it’s failures and pursue it’s ultimate goal, conquest. The evidence of a much bigger goal comes out of the G8 meeting. The division between monetary views is so wide that the push to maintain debt expansion belies a goal beyond recovery.
Banking and money-changing present so many important educational lessons. The most important lessons are derived from humanity’s compulsion to disconnect contradictory information and believe mutually exclusive details to both be true at the same time. Shaping public opinion and promoting social movements for commercial gain form the common thread through all empires. Empires functioning on fiat currency systems are total loss systems. The promise of available liquidity can not be separated from the obligation of debt. If the empires of history failed in self-destructive tyranny, what can the Federal Reserve look forward to? The answer is surprising because people never see past the superficial. The Federal Reserve is not built on bedrock and it’s charter is not carved in stone.
The point that is missed in discussions about the history of private banks is that none of them were intended to be permanent fixtures, but components in a larger power structure. Notwithstanding that private banks war against each other for purposes of conquest and domination, they also cooperate in programs of exploitation and predation. Pooling their resources is sometimes necessary to their mutual goals. By the account of their formation, growth and eventual ends, they are merely steppingstones to a larger central structure. In that context, the Federal Reserve is an errand boy for the ultimate goal of world domination. The corporate infighting that we see in the news is the continuation of a process that preceded the Federal Reserve, and will continue beyond it. The obvious objective is first, consolidation of national currencies into regional ones, then into a single, global currency. Forming commercial trading blocs and conformity of regulation are only plausible excuses, requiring political and marketing manipulation to keep them viable. Public embarrassment seems to be a small price to pay for persuading the public to buy what the banks are selling.
The larger, long-term goals of global corporate and monetary consolidation make future events obvious. The Federal Reserve would continue to exist, in name, only. Despite the news reports of expanded oversight powers for the private bank, it will become an overgrown accounting business with little or no policy making powers. The private bank will become a branch office of the global central banking authority. It would become the banking equivalent of General Motors and Chrysler are to manufacturing. The progression of exclusion of populations from participation in economic benefit is accelerating. It should be crystal clear to most people that what was once theirs, is now the bank’s property. Whatever any nation was before the economic collapse, that level of autonomy and prosperity is gone and no longer attainable. With a continuous program of currency manipulation, the nations of the world are now caught in political realities that continue their demise. Jettisoning the production engines won’t lighten the load enough to keep the economy flying for very long. Corporate participation in the “recovery” is more efficient in eliminating people than in establishing stability. That’s how it worked in Hitler’s Germany and that’s how it works, today. The word “growth” in this society has multiple meanings, depending on the audience and the direction of the political winds. Everyone is promised whatever they want. Most are delivered the bill for the debt. the financial headlines run from cover story to cover-up, trying to avoid being caught in the light of day.
At this point, we have to ask, where did all of the bailout and stimulus money go? The fact is that it all remained in the control of banking and government. The pea is in Ben Bernanke’s right side jacket pocket, unless he left it with the Treasury for safekeeping. Perhaps they should “audit” each other, to keep their stories straight. There could be headlines and embarrassment. Only by containment could the numbers be manipulated in the fantasy world of creative accounting. Even then, the projections of declining revenue and increasing deficits are the marks of a Ponzi scheme in trouble. The central point of criticism is repeatedly confirmed. Economic policy fails because there is no substance in it. Marketing strategies constantly seek new catchphrases, buzzwords and personalities to sell success out of failure, but the end result never changes. Dependency structures expand and multiply. Regulatory bodies implement central bank policy while performing the stern charade of feeding the public the assurances that it wants to hear. If the public didn’t know that the future doesn’t include them a year ago, it will be a painful fact of life, a year from now.
While all of the creative bookkeeping supplies the media with story lines, a real crisis will bind the hands of the manipulators. The containment of inflation is a flight of ivory tower fancy. A fiat fabrication has no room for reality. The cascade failure of the debt bubble is coming. It is only a question of when the present role of the Federal Reserve becomes obsolete. When it does, the people who have been swindled will want Congress to do something to save the Fed. If that isn’t masochism, there must be no such thing. It’s as strange a concept as any self-mutilation in the physical abuse category. The regional economic structure being built now, will be much more destructive and abusive. When the front page of the newspaper screams in bold print, “WHAT JOBS?”, then you’ll know just how rapacious private banks are. Local priorities will give way to international edicts, imposed by people that you thought represented you. When the same bait-and-switch that ended representative government is completed in banking, the fraud will be complete. Priorities inflicted from outside a community are always more damaging than actual internal sentiment. The decision is clearly a one-time offer. Do people assert themselves in defending what is theirs, or do they concede defeat and accept conquest? We are on the clock, and it’s ticking.