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Opinion Editorials, April  2008

 

 

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The Federal Reserve Medicine is Poison

By Donald Cassidy

ccun.org, April 11, 2008

 


The picture of the puppet American president, symbolically flanked by Bernanke and Paulson, is most ominous. It signals that the global banking reserves are gone. The Federal Reserve, having undermined the global banking system, now prescribes more deregulation, globalization and limitless credit with the total destruction of the dollar. Their medicine is poison.

Bernanke has admitted that the Federal Reserve caused the Great Depression of the 30's by withdrawal of credit to the public (Father Coughlin and Congressmen MacFadden and Trafficant are vindicated). Now the Federal Reserve has caused another, much worse.

Under the stewartship of Greenspan, Rubin, and Summers, the Federal Reserve has plunged the United States and the world into the greatest financial crisis in history. And Paulson continues the spiel that everything is in order when the global economic and financial tsunami is only beginning. It will continue over years like endless dominoes. "There has never been a crisis of this magniture in American history" says one author. The Federal Reserve and its affiliated bankers and brokers have done more damage to the American people than all of the "enemies" in the history of the United States put together. George Washington and Benjamin Franklin warned US when they founded this nation.
 
Over the last thirty years the industrial base of the greatest industrial nation has been largely plundered through liquidations, mergers, consolidations, deregulation and globalization. The proceeds have been poured into vast speculation in the financial markets around the globe, turning them into casinos. In the process vast profits were earned by the Federal Reserve affilitates. There were manipulated "bubbles" in the financial markets of America and Asia, saving & loans, stock markets, housing, mortgage financing and refinancing, dot.com and now the global credit debacle, all creating the illusion of prosperity and generating immense profits for the Fed-affiliated bankers, brokers and financiers. It was all smoke and mirrors built on a mountain of Ponzi debt. This tiny cabal has deliberately caused over decades the systematic destruction of the American economy, leaving only a menial service industry and their arsenal of evil. Benjamin Freedman also warned US.
 
Having caused the "greatest financial fraud in world history", they propose to remedy it. Instead of closing the Federal Reserve and/or returning money to the Treasury, as JFK and Lincoln tried to do, the Federal Reserve will become the most important branch of the government of the United States. It's like World War I, when Bernard Baruch, having caused and brought America into the war with Brandeis, headed the War Industries Board which controlled all American industry, from which he and the cabal profited by hundreds of millions while young America and Europe died in the trenches by the millions. The same with World War II.
 
Prepare for breakout inflation, dollar assets devalued, the savings of generations lost, pensions jeopardized including Social Security, and the cabal owning virtually everything. All the government programs that protected the people against banking fraud for sixty years have been dismantled. Our "free" elections and two party system have betrayed US. We should vote out all incumbents, vote for third parties or independents, if we can. Banking and energy should be nationalized together with food, housing and healthcare. The cabal capitalism will be the death of US.
 
The cabal "agentur" is already spread throughout government, industry, finance, commerce, education, communications and the mass media, ready for the coup. We are witnessing the end of American sovereignty, national and state. And the American Government, the American people and the vaunted American military have been conditioned over a century to a state of cringing subservience to the cabal. Welcome to New cabalia and the Amero!

 
 

 

 

 

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