EXCLUSIVE – British Peer: Copenhagen Summit Has Established A World Government

“Institutional framework” paves the way for unelected international bureaucracy

Steve Watson
Prisonplanet.com
Friday, Dec 18, 2009

Amid all the mainstream media reports of the talks in Copenhagen “limping” to a close and having failed, Lord Christopher Monckton, reporting from the summit, has stated that the only goal of the conference was to implement the framework and the funding for a world government – which he asserts has been achieved.

“That is the one thing that they are definitely going to succeed in doing here and they will announce that as a victory in itself, and they will be right because that is the one and only single aim of this entire global warming conference, to establish the mechanism, the structure, and above all the funding for a world government.” the British politician, business consultant, policy adviser exclusively told the Alex Jones show yesterday.

“They are going to take from the western countries the very large financial resources required to do that.” Monckton said, adding “They will disguise it by saying they are setting up a $100 billion fund for adaptation to climate change in third world countries, but actually, this money will almost all be gobbled up by the international bureaucracy.”

“The first thing they will do, and the one thing I think they were always going to succeed in doing at this conference is to agree to establish what will be delicately called ‘the institutional framework’. Now that is a code word for world government.”

Lord Monckton explained that although the word “government” has been dropped from the treaty, all the interlocking bureaucratic features of a world government are still present in the final draft of the treaty, which also legislates for a global tax on financial transactions that will be paid directly to the World Bank.

“These are the new entities that they are going to bring into being in order to create this world government” he said.

• A d v e r t i s e m e n t
• 

“Ban Ki Moon, the head of the UN is clearly expecting that part of the treaty to go through because he is saying that we are going to have to set up a structure of global governance just to handle the enormous amounts of money which we are going to be getting from the countries of the West, once this agreement goes through at Copenhagen.” Monckton added

Ban Ki-moon made those comments on Wednesday in an interview with the LA Times in which he also said that a formal treaty would be signed by mid-2010.

“They are expecting to get this through,” the British peer stated, “so all the reports you see about how the parties are fatally deadlocked, China has walked out, the African countries have walked out… all of these things are the traditional window dressing to try to disarm those of us who don’t want any of this to succeed because we’d rather like to see our national sovereignty preserved.”

Monckton explained that there is still a great deal of hope in fighting the establishment of an unelected world government:

“What has been going on over the last ten days is they have been trying to see whether they can get a binding treaty, and more or less at the outset they realised they would have to abandon that because it would never pass the U.S. Senate.”

“If they call it a treaty it requires two thirds of the U.S. Senate to vote for it and there are just too many blue dog Democrats, as well as sensible Republicans, who will not vote for the destruction of the U.S. Constitution, the establishment of a world government, for the bankrupting of the United States, the destruction of working people’s jobs right across the industries of the U.S.”

“If they declare that they are going to do this and they do not have the constitutional authority to do this, and that will certainly be the case in the United States, then it is possible to fight it.” Monckton added.

Following president Obama’s announcement that he would attempt to circumvent the legislative process and bypass Congress to implement a cap and trade system on carbon emissions, Lord Monckton noted “If he tries to do that he will be impeached.”

“He had better tread very carefully indeed or he will be out of office and in prison before he knows it. There are constitutional constraints which, thank god, may yet save not only America but the rest of the world from what you rightly describe as a tyranny.”

“World government is coming because the leaders of the West have given up. They no longer care about democracy, they know longer care about the truth about the climate.” Monckton said. “They are willing to go along with this world government because they see roles for themselves in that world government in exactly the same way as the leaders of the EU did.”

“They can get more power as unelected leaders than they can at home.” Monckton added.

The British peer also spoke of the physical attacks on skeptics at Copenhagen by UN security, police and other demonstrators, adding that he himself was attacked and knocked out by a Danish police officer acting under UN authority after not allowing him access to a forum at the summit.

Watch the full interview below:

URL to article: http://www.infowars.com/exclusive-%e2%80%93-british-peer-copenhagen-summit-has-established-a-world-government/

High-stakes duel between Rep. Paul and Bernanke intensifies

Silla Brush
The Hill
December 9, 2009

• A d v e r t i s e m e n t
• 

Rep. Ron Paul and Ben Bernanke are locked in a clash of titans.

Paul, the 74-year-old House libertarian from Texas with the high-pitched voice, has fought for decades to kill off the Federal Reserve.

Bernanke, the mild-mannered ex-Princeton professor and chairman of the bank, is waging a high-stakes battle for the Fed’s reputation. And he’s doing everything possible to knock out Paul.

The fight is still in the early rounds. But with the full House expected to vote this week to give government auditors more power to scrutinize the Fed, Paul has the upper hand.

The Senate is a much more difficult round for Paul, though a similar stew of liberal and conservative support is starting to simmer in the upper chamber behind the Republican’s wonky auditing measure.

Read entire article

URL to article: http://www.infowars.com/high-stakes-duel-between-rep-paul-and-bernanke-intensifies/

Sen. Sanders Attempts to Block Fed Mob Boss Second Term

Kurt Nimmo
Infowars
December 3, 2009

Let’s thank Bernie Sanders, Vermont Independent, for blocking for now the re-confirmation of Ben Bernanke to the Federal Reserve.

Sanders talks about removing Fed kingpin Bernanke.

At the same time, we need to correct Sanders’ critique of the Fed.

“The American people overwhelmingly voted last year for a change in our national priorities to put the interest of ordinary people ahead of the greed of Wall Street and the wealthy few,” Sanders wrote in a statement. “What American people did not bargain for was another four years for one of the key architects of the Bush economy.”

Sander also said the Fed could have averted the financial crisis but failed to perform its “core responsibility” and because of this it’s time for Bernanke to go.

In fact, the Fed is performing its “core responsibility.”

Mr. Sanders apparently believes the Federal Reserve is part of the government when in fact it is a bankster criminal organization masquerading as a federal agency. The Fed is not federal. It has no reserves. It is not a bank. It was created in 1913 by agents of J.P. Morgan, John D. Rockefeller, and European bankers to take over the U.S. money supply and monopolize the banking system.

• A d v e r t i s e m e n t
• 

Our current economic problems are directly related to the fact the Federal Reserve, the World Bank, and the IMF are allowed to create money out of thin air and create global inflation. Like the corrupt government of Zimbabwe, these criminal organizations create funny money out of nothing. It is a parlor trick accomplished by entering numbers in a computer.

Sanders blames the Bush administration for the economic crisis. It does not matter if a Republican or Democrat is in office. Federal Reserve monetary policy remains the same no matter who the front man in the White House is. Partisan politics and blaming the last seat-warmer will not solve anything.

“The current Globalist Financial Crisis is a Financial False Flag operation. It is a controlled collapse of the globalist economic system, engineered by an international war crimes racketeering organization. The globalist financial system is being intentionally destabilized,” writes Alfred Lambremont Webre.

In response to their engineered collapse — and depressions are now scientifically created, as Lindbergh rightly noted after the creation of the Federal Reserve — the banksters and their political minions are demanding world government and a global banking cartel to “regulate” (dominate) the world economy.

Tossing Bernanke out on his ear will not save us from this globalist financial false flag operation. Stalling Bernanke’s re-anointment will not slow down the scam.

Only an audit and eventual abolition of the Federal Reserve will save us from the banksters and their criminal scheme. Open the Fed’s books will allow us to identify the criminals, arrest them, and put them on trial for economic crimes against humanity.

Sanders and other members of Congress opposed to the bankers need to correctly identify and expose the banksters and their grand scale heist of the global economy.

It does not matter if Bernanke is re-installed on the Federal Reserve throne. It does not matter if his re-nomination is delayed a couple hours or a few days.

The Fed needs to be abolished — and sooner before later if we are going to prevent a total collapse of the economy, the imposition of a dictatorial world government, and the installation of world-wide serfdom and a high-tech slave and surveillance grid.

URL to article: http://www.infowars.com/sen-sanders-attempts-to-block-fed-mob-boss-second-term/

Goldman Sachs Bankers Buy Guns to Defend Against “Populist Uprising”

Alice Schroeder
Bloomberg
December 1, 2009

“I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank.

I called Goldman Sachs spokesman Lucas van Praag to ask whether it’s true that Goldman partners feel they need handguns to protect themselves from the angry proletariat. He didn’t call me back. The New York Police Department has told me that “as a preliminary matter” it believes some of the bankers I inquired about do have pistol permits. The NYPD also said it will be a while before it can name names.

While we wait, Goldman has wrapped itself in the flag of Warren Buffett, with whom it will jointly donate $500 million, part of an effort to burnish its image — and gain new Goldman clients. Goldman Sachs Chief Executive Officer Lloyd Blankfein also reversed himself after having previously called Goldman’s greed “God’s work” and apologized earlier this month for having participated in things that were “clearly wrong.”

Read entire article

URL to article: http://www.infowars.com/goldman-sachs-bankers-buy-guns-to-defend-against-populist-uprising/

Potential For Fed To Hyperinflate

Bob Chapman
The International Forecaster
November 29, 2009

The following information may be the most important we have ever published. One of our Intel sources, highly placed in banking circles, tells us that on 1/1/10 all banks that have received TARP funds have been informed by the Federal Reserve that they must further restrict any commercial lending. Loans have to be 75% collateralized, 50% of which has to be in cash, which is a compensating balance.

The Fed has to do one of two things: They either have to pull $1.5 trillion out of the system by June, which would collapse the economy, or face hyperinflation. This is why the Fed has instructed banks to inform them when and how much of the TARP funds they can return. At best they can expect $300 to $400 billion plus the $200 billion the Fed already has in hand.

We believe the Fed will opt for letting the system run into hyperinflation. All signs tell us they cannot risk allowing the undertow of deflation to take over the economy. The system cannot stand such a withdrawal of funds. They also must depend on assistance from Congress in supplying a second stimulus plan. That would probably be $400 to $800 billion. A lack of such funding would send the economy and the stock market into a tailspin. Even with such funding the economy cannot expect any growth to speak of and at best a sideways movement for perhaps a year.

We have been told that the FDIC not only is $8.2 billion in the hole, but they have secretly borrowed an additional $80 billion from the Treasury. We have also been told that the FDIC is lying about the banks in trouble. The number in eminent danger are not 552, but a massive 2,035. The cost of bailing these banks out would be $800 billion to $1 trillion. That means 2,500 could be closed in 2010. Now get this, the FDIC is going to be collapsed before the end of 2010, which means no more deposit insurance. This follows the 9/18/09 end of government guarantees on money market funds. Both will force deposits into US government bonds and agency bonds in an attempt to save the system.

This will strip small and medium-sized banks and force them into shutting down or being absorbed. This means you have to get your money out of banks, especially CDs. We repeat get your cash values out of life insurance policies and annuities. They are invested 80% in stocks and 20% in bonds. Keep only enough money in banks for three months of operating expenses, six months for businesses.

Major and semi-major banks are being told to obtain secure storage for new currency-dollars. They expect official devaluation by the end of the year.

We do not know what the exchange rate will be, but as we have stated previously we expect three old dollars to be traded for one new dollar. The alternative is gold and silver coins and shares. For those with substantial sums that do not want to be in gold and silver related assets completely you can use Canadian and Swiss Treasuries. If you need brokers for these investments we can supply them.

The Fed also expects a meltdown in the bond market, especially in municipals. Public services will be cut drastically leading to increased crime and social problems, not to mention the psychological trauma that our country will experience. Already 50% of homes in hard hit urban areas are under water, nationwide more than 25%. That means you have to be out of bonds as well, especially municipals.

As you can see, the Illuminist program is going to come quicker than we anticipated. That in part is because they have had to expedite their program, due to exposure in the IF, other publications and especially via talk ratio and the Internet. There is no doubt we have the elitists on the run.

We are reaching the masses. On TalkStreamLive.com we were on the Rumor Mill this past week and out of 50 talk radio programs we were 5th behind, Rush, Hannity, Dr. Laura and we were tied with Beck. On the Sovereign Economist on Wednesday night we were 5th behind Beck and Savage and ahead of Hannity. Both these programs are not well known and the Sovereign Economist is only about a month old. It shows you what you can do if you work hard enough at it.

The latest favorable events we are told are the seeds of recovery. The green-shoots of spring are to be harvested before winter sets in. We are skeptical of the strength and duration of such a recovery.

The underlying problems are still not being addressed. The US government and the Fed cannot bail out banking, Wall Street, insurance and government indefinitely via monetization. Impaired corporations, no matter what their size, have to be allowed to fail. Stimulus cannot be used indefinitely. Both have to be reigned in, because the longer this charade continues the worse the final outcome is going to be. As we predicted six year’s ago, Fannie Mae, Freddie Mac, Ginnie Mae and FHA are the wards of American taxpayers, as is AIG. All their financial conditions worsen every day. They have again been insuring subprime mortgages by the thousands and when they begin to reset next year, we will be back to 60% failure rates. Even government admits already they’ll see 20% failure rates. This, so that housing inventory can be cut from 11-1/2-months inventory to 7-months, again in order to bail out the lenders at the expense of taxpayers. Government and the Fed have no exit plans for these sinking ships, particularly Fannie, Freddie, Ginnie and FHA, never mind their meddling in the economy guaranteeing everything is sight. Benito Mussolini would be very proud of what they have done.

Then we have those on Wall Street, banking and corporate America who believe they are doing God’s work by looting the American public making outrageous profits by in part using taxpayer funds, and allotting themselves disgraceful bonuses as unemployment hovers at 22.2%. Haven’t these people heard of the French Revolution? Their arrogance has no bounds. The credit crisis hasn’t ended; the Fed has extended it by throwing money at problems. We have a mortgage market that is worse than it was a year ago, only kept from sinking by a tax credit 3% down. As a result now we have more than $1 trillion of new mortgage failures on the way.

Our monetary base has more than doubled. Interest rates will probably stay where they are for 18 months or more and we even have a dollar carry trade. The 2009 fiscal budget deficit was $1.5 trillion and 2010 will be worse. Government is not cutting expenses. They are increasing expenses.

In addition making matters worse corruption is flourishing via the incestuous revolving door between Wall Street, the Treasury, in a multiplicity of other appointments and with the Fed. Is it any wonder 75% of Americans want the Fed audited and investigated. That said, the present set of circumstances cannot be allowed to go on indefinitely. We cannot keep insurance, Wall Street and banking on life support forever. Not when we finance two occupations and an ongoing war, never mind our unfunded liabilities of Medicare, Social Security, etc. most all of these problems are being financed by debt to be paid by our great, great grandchildren. We just created $12.7 trillion for bailouts and the Inspector General tells us we are presently on the hook for $23.7 trillion. What happens if all the recipients need another $20 trillion?

The situation is still dire and the solution is temporary and unworkable and Washington and New York are well aware of this. The game will play out over the next few years. In the meantime the dollar will move lower and inflation, gold and silver higher.

Economics is not complex; it is very simple. Professors and economists would like to have you believe it is complicated when in fact they make it opaque, so you cannot understand it. The same is true with banking. In normal times through the century’s bankers using the fractional banking system usually lent 8 times their assets, or deposits. It was only until recently that the privately owned Federal Reserve told banks within the system to lend 40 times assets or more in order to accommodate the system.

All this is to cover to confuse and hide the truth of fractional banking. Bankers’ indebt borrowers with money they made up out of thin air. Debt is enslavement by the bankers upon the people by buying almost everyone off. In the final analysis banking is a fraud unless money is interest free. The Fed, and all the other banks are a fraud.

The game as we know it today began in 1694 when the Rothschild’s formed the privately owned Bank of England and the production of bank notes began and circulated along with sterling silver coins. The end result has been that the bankers own the world. The system today is based on confidence and trust, something that has been worn thin. A reflection of the loss of trust and confidence is that 75% to 80% of Americans want HR1207 and S604 passed by Congress, so that the Fed can be audited and investigated. The public no longer trusts the Fed and the banks. As a result the con game may well be coming to an end. Fifty years ago we and a handful of other conservative warriors set out to inform the public of the giant scam that the Fed really was. It has been a long hard road. Gary Allen and Alan Stang are gone and of the originals all that are left are G. Edward Griffin, Stan Monteith, Anthony Hilder and us. During our lifetimes we now probably will see the end of the Fed. Because the people have finally been awakened. It was a long hard battle that may soon come to fruition.

The final step will be the termination of the Federal Reserve and its monopoly on financial theft. Unfortunately it will mean the demise of the only financial system we have known for 315 years. We do not know as yet what the new system will be like, but the con game is over and most of the world’s inhabitants are broke. The debt that is owed simply cannot be repaid. Japan, the US, the UK and Europe will be the first to go followed by most of the rest of the world.

You ask who will be the big winners? Gold and silver of course. Just as we have been telling you they would for 9-1/2 years, since gold was $252.00 and silver $3.80. Look at the gains for those who listened. And, we still have a long, long way to go to preserve our wealth. Over all those years the gold suppression cartel fought to hold down gold prices by selling gold, using derivatives and futures and in collaboration with good producers such as Barrick Gold and others. Hopefully HR3996 (HR-1207) will now pass unchanged and we can take a look at what the Fed and the Treasury were doing and who aided them.

What we are witnessing in the US and world economy is the result of the greed of central banks to make as much money as possible before they have to collapse the system to bring about World Government.

Manufacturing activity in the Federal Reserve Bank of Kansas City’s district improved in November.

URL to article: http://www.infowars.com/potential-for-fed-to-hyperinflate/

Audit the Fed: Bernanke and the Bankers Are Running Scared

Kurt Nimmo
Infowars
November 28, 2009

Ben Bernanke, Federal Reserve mob boss, is running scared. He is deathly afraid an audit of his criminal organization.

“These measures are very much out of step with the global consensus on the appropriate role of central banks, and they would seriously impair the prospects for economic and financial stability in the United States,” Bernanke wrote in the CIA’s favorite newspaper, The Washington Post.

Bernanke penned his tribute to central banking and globalism prior to his scheduled testimony before a Senate panel on his renomination to serve a second four-year term as Fed mob boss.

Bankster tool Barney Frank, chairman of the House Financial Services Committee, tried to derail an effort to audit the Fed but failed. A proposal to audit the Fed’s monetary policy deliberations won a committee vote recently over Frank’s objections.

In his Mockingbird media editorial, Bernanke “conceded the Fed had missed some of the riskiest behavior in the lead up to the crisis. But he said the Fed had helped avoid an even more damaging economic meltdown and has stepped up its policing of the financial system.”

In fact, the Fed was specifically designed to create financial crises. It was all plotted in 1910 when minions of J.P. Morgan, John D. Rockefeller, the Rothschilds and Warburgs met on Jekyll Island off the coast of Georgia. In 1913, the U.S. Federal Reserve Bank was created as a direct result of that secret meeting. Said Congressman Charles Lindbergh on the midnight passage of the Federal Reserve Act: “From now on, depressions will be scientifically created.”

In order to scientifically create an economic depression, the Fed prompted irresponsible speculation by expanding the money supply sixty-two percent between 1923 and 1929. The so-called Great Depression followed. This depression “was not accidental. It was a carefully contrived occurrence,” declared Congressman Louis McFadden, Chairman of the House Banking Committee. “The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”

In March of 1929, Paul Warburg issued a tip that the scientifically created crash was coming. Before it did, John D. Rockefeller, Bernard Baruch, Joseph P. Kennedy, and other banksters got out of the market.

A few years later, the banksters and their minions met in Bretton Woods, New Hampshire, and plotted the creation of the International Monetary Fund and the World Bank. The purpose of these two criminal organizations was to set-up a global Federal Reserve system and wage economic warfare on billions of people. The weapon they used was debt and the loss of sovereignty that follows.

In 1971, then president Nixon fit one of the last pieces into the puzzle — he signed an executive order declaring that the United States no longer had to redeem its paper dollars for gold. It was a great day for the banksters and the global elite. The gold standard ensured predictability and regularity in the economy and the banksters wanted to put an end to that. For the bankers, order and control is realized out of chaos and misery.

Fast-forward to the present day. Bernanke’s Fed has meticulously sabotaged the economy in order to create a crisis in classic Hegelian fashion. The corporate media tells us the crisis is the result of ineptitude and mismanagement at the Federal Reserve. Au contraire. Like the Great Depression, the even Greater Depression now on the horizon was scientifically created.

The Fed is the primary instrument the bankers are now using to destroy the middle class, hand over all public assets and resources to them, implement a crushing austerity, usher in a new era of global corporatist feudalism and build a sprawling planet-wide slave plantation based on China’s totalitarian model.

It is the ultimate dream of the banking cartel. It will be used as the foundation to build world government. Destroying the dollar as the world’s reserve currency is only the beginning.

Bernanke knows Ron Paul and the audit the Fed movement are extremely dangerous. That’s why he is pushing this facile “oops” theory. In order to fix things, the Fed will use its “knowledge of complex financial institutions” in order to supervise them, he writes in his Mockingbird editorial. Allowing audits of Federal Reserve monetary policy would increase the perceived influence of Congress on interest rate decisions, he says.

No, it would lay bare the criminality of the Federal Reserve. Maybe Bernanke is worried he will be obliged to wear an orange jumpsuit in the wake of an audit.

As for Congress, Bernanke needs to read Article 1, Section 8 of the U.S. Constitution. Congress shall have exclusive power to “coin Money, regulate the Value thereof,” not a criminal cartel of monopoly men who dream of a prison planet.

URL to article: http://www.infowars.com/audit-the-fed-bernanke-and-the-bankers-are-running-scared/

Ron Paul: End the Fed, Save the Dollar

Brian Beers
CNBC
September 17, 2009

• A d v e r t i s e m e n t
• 

“Nothing good can come from the Federal Reserve,” writes Texas Congressman Ron Paul in his latest book hitting shelves this week, titled “End the Fed.”

“It is the biggest taxer of them all. Diluting the value of the dollar by increasing its supply is a vicious, sinister tax on the poor and middle class.”

Paul makes the case that the Fed is the main culprit responsible for the current economic mess the country faces through the destructive policies of cheap credit and excessive money printing.

“Prosperity can never be achieved by cheap credit,” says Paul. “If that were so, no one would have to work for a living. Inflated prices only deceive one into believing that real wealth has been created.”

The Federal Reserve, created in 1913, has been acting as the main central bank of the United States for nearly one hundred years. Many Americans are either not sure or not interested in what role the Fed plays in managing the economy. “The economic crisis has changed everything,” writes Congressman Paul.

Read entire article

URL to article: http://www.infowars.com/ron-paul-end-the-fed-save-the-dollar/

Obama Pushes Banker Takeover Plan at Federal Hall

Kurt Nimmo
Infowars
September 14, 2009

Obama delivered one of his famous teleprompter speeches today at Federal Hall in New York on the one-year anniversary of the Lehman Brothers scam. It was a cynical move, considering Obama spoke from the building where the country’s founders once argued over how much the government should control the national economy. Federal Hall also served as the first capitol of the United States of America.

“President Obama came to Wall Street to chastise executives and to urge Congress to pass tougher regulation of the bankers and brokers whom he blamed for the crisis in the financial markets a year ago,” reports the Christian Science Monitor. Obama said the United States needs “strong rules of the road to guard against the kind of systemic risks we have seen.”

It was a wink and a nod speech, considering the sort of people Obama supposedly lectured now run his administration. Geithner, Summers, Clinton, Mitchell, Holbrooke, Volcker, Rice, James, Haass — on and on, ad infinitum, these are Federal Reserve, CFR, Trilateral Commission, and Bilderberg members, bureaucratic minions of the private and international bankster cartel.

In fact, as Judge Napolitano notes in the video below, if the proposals Obama soft sold to the American people today are implemented, it will amount to a final coup d’état by the banksters and their technocrats and enforcers at the Federal Reserve, the unconstitutional and privately held bankster Mafia operation that masquerades as a government agency. It will install a dictatorial regulatory power by the international bankers over entire U.S. economy — right down to the local grocer and the hot dog vendor on the corner. It will require you to ask permission for the most mundane and routine of financial transactions. It will control your life down to the smallest detail.

“President Obama’s plan to give the privately-owned and unaccountable Federal Reserve complete regulatory oversight across the entire U.S. economy, which is likely to be enacted before the end of the year, will officially herald the beginning of a new form of government in the United States – an ultra-powerful banking dictatorship controlled by a small gaggle of shadowy and corrupt elitists,” Paul Joseph and Steve Watson wrote for Prison Planet on June 18 of this year.

As the Watson brothers and Judge Napolitano note, the new rules will give the Fed the unchallenged authority to “regulate” any company activity it believes may threaten the economy and the markets — that is to say, all who would threaten the monopoly men with independent an unregulated financial activity. Even the Los Angeles Times admitted the Obama Federal Reserve takeover bill would effectively grant the clout required to seize and take over any company.

Professor of public affairs at the University of Texas at Austin Robert Auerbach pointed out the obvious earlier this year: “The Federal Reserve has massive conflicts of interest that make it ill suited for its present regulatory functions and certainly for an expanded regulatory reach. The officials leading the Fed today preside over an organization that is run in substantial part by the bankers they regulate. Bank regulation begins at its 12 district Federal Reserve Banks, each governed by a nine-member board of directors, two-thirds of whom are elected by the bankers in the district.”

“The government is ready to hand over everything to a monolithic private corporation and a gaggle of bastard banker offspring, that have gobbled up an amount close to the entire GDP of the country in taxpayers’ money and figuratively stuck the middle finger up regarding questions over where that money has gone,” the Watsons conclude. “It can be no more apparent than at this time that legislation to audit, repeal and eventually end the Federal Reserve, must be supported by Americans if they want to see their children and their grandchildren grow up without indentured debt and entrenched servitude to a fascistic marriage of private banks and hugely inflated government.”

It remains to be seen if Ron Paul’s Audit the Fed legislation will be enacted. It has powerful foes arrayed against it – and a growing number of people steadfastly behind it. Enemies of the audit will attempt to push Obama’s plan through Congress and establish a complete private banker dictatorship over the economy and sideline the legislation.

Obama’s appearance at Federal Hall — the site of George Washington’s inauguration and where nine of the 13 colonies met to draft a message to King George III, the House of Lords, and the House of Commons, claiming entitlement to the same rights as the residents of Britain and protesting the colonies’ “taxation without representation” — is particularly obscene and criminal.

URL to article: http://www.infowars.com/obama-pushes-banker-takeover-plan-at-federal-hall/

A Review of “End the Fed” by Ron Paul

Charles Scaliger
New American
September 14, 2009

“The entire federal government,” laments Congressman Ron Paul in his newest book, End the Fed, “is one giant toxic asset at the moment. It certainly has no business telling the private sector how to run its affairs. It is in worse financial shape than all the companies in the private sector put together.”

Hard words, but Congressman Paul knows whereof he speaks. It was Ron Paul, unique among congressmen for his understanding of how a free-market economy is supposed to work, who warned repeatedly of the coming economic calamity. It was Ron Paul, too, who warned both the Bush and Obama administrations that attempts by the government to bail out failing corporations with taxpayer dollars and passing massive stimulus packages would only make things worse. And it has been Ron Paul who has warned of disastrous long-term consequences of the inflationary activities of the Ben Bernanke-led Federal Reserve.

Congressman Paul’s concerns about the Federal Reserve are nothing new. The gynecologist-turned-eleven-term congressman from Texas has spent a long political career promoting liberty and limited constitutional government as the American Founders understood them and exposing the mischief at the Federal Reserve. With the unexpected success of his presidential campaign and his recent best-selling manifesto on liberty, Dr. Paul’s uncompromising, consistent, and thoroughly principled stances on limited, constitutionally legitimate government are well known around the world. Now, thanks to End the Fed, his views on paper money, fractional-reserve banking, and the Federal Reserve and its manipulation of the money supply are summarized for a mass readership. Under a single cover and on just 212 readable pages are assembled philosophical, economic, and constitutional arguments for abolishing the Federal Reserve, a succinct history of banking, and a number of fascinating recollections and snippets of telling dialogue between Dr. Paul and various chairmen of the Fed as far back as Paul Volcker.

Read entire article

URL to article: http://www.infowars.com/a-review-of-end-the-fed-by-ron-paul/

Bankster Bailout Did Nothing to Solve Problem, Crisis Now Worse

Mark Deen and David Tweed
Bloomberg
September 13, 2009

• A d v e r t i s e m e n t
• 

Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc.

“In the U.S. and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview today in Paris. “The problems are worse than they were in 2007 before the crisis.”

Stiglitz’s views echo those of former Federal Reserve Chairman Paul Volcker, who has advised President Barack Obama’s administration to curtail the size of banks, and Bank of Israel Governor Stanley Fischer, who suggested last month that governments may want to discourage financial institutions from growing “excessively.”

Read entire article

URL to article: http://www.infowars.com/bankster-bailout-did-nothing-to-solve-problem-crisis-now-worse/