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Editoral Policy | Webeditorial
Newswire Archive                   Hidden

Federal Reserve

There are details, and then there is the big picture. Mistaking the former for the latter can send an activist down the wrong path. A good example of this are the often well-meaning people who resolutely demand that we "End the Fed."

But the problem isn't the Federal Reserve, it is the system that it serves. If you don't like the Fed, what you actually don't like is the capitalist system.

The desperation displayed by the recent illegal collusion against Occupy Wall Street by many big-city Mayors proves that US leaders are now in abject panic mode, because a growing number of people finally grasp that Money is Slavery by Proxy.

For most who have watched The American Dream Film, it will come as a huge surprise that the main character "Hartman" (seven characters long) is purposely based on the persona and works of a living person, former software engineer Buddy Page, the author of Finishing the Mysteries of Gods and Symbols, by Seven Star Hand. Though no direct connection exists between Mr. Page and the filmmakers, his birthdate (August 11, 1955), and book publication dates of 2006 ("Revelations from the Apocalypse" and "Apocalypse Symbol Guide") and 2010 (Finishing the Mysteries of Gods and Symbols) are purposely used.

Wall Street Philosopher King Bashes Fed Policy - Stephen Lendman

Besides less prominent investment/economic advisors, no one does it better than Jeremy Grantham, based in Boston, not Wall Street. In 1977, he co-founded Grantham, Mayo and Van Otterloo, now known as GMO. Quarterly in letters to clients, he assesses current economic and market conditions, taking a longer view as well.

His commentaries are reflective, refreshing, scholarly, sober and clear, although in recent ones (compared to the previous 15 years) he's been uncharacteristically upbeat. Not in his latest, however, titled, "Night of the Living Fed: Something Unbelievably Terrifying," below which, in billboard film promotion form, he lists the following:

"Runaway Commodities!

(Zombi) Banks Come Back to Life!

Abolish the Fed and Return Money Creation Power to Congress - by Stephen Lendman

In her extraordinary book, "Web of Debt," financial writer Ellen Brown tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." She quotes banker/developer Reed Simpson saying:

"Credible evidence (reveals) a world (banking) power elite intent on gaining absolute control over the planet and its natural resources, including its subservient human (ones)." It's the Bilderberg Group classless society idea of rulers, serfs, and no middle class by controlling the world's money. What Baron MA Rothschild (1818 - 1874) meant by saying:

"Give me control over a nation's currency and I care not who makes its laws." Today it applies globally.

Reviewing Ellen Brown's "Web of Debt:" Part VI - by Stephen Lendman

This is the sixth and final article on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on establishing a people-oriented banking system. It's high time we had one and reclaimed what's rightfully ours.

Restoring National Sovereignty with A Truly National Banking System

Reviewing Ellen Brown's "Web of Debt:" Part V - by Stephen Lendman

This is the fifth of several articles on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on taking back our money power.

Recapturing What's Ours and Turning Scarcity to Abundance

Reviewing Ellen Brown's "Web of Debt:" Part IV - by Stephen Lendman

This is the fourth in a series of articles on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on America's "web of debt" entrapment.

The Debt Spider Captures America - American Workers Consigned to Debt Serfdom

Reviewing Ellen Brown's "Web of Debt:" Part III - by Stephen Lendman

This is the third in a series of articles on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on global debt entrapment.

Global Debt Enslavement - From Gold Reserves to Petrodollars

The Federal Reserve Abolition Act - by Stephen Lendman

On June 15, 2007, Ron Paul introduced HR 2755: Federal Reserve Abolition Act. There were no co-sponsors, no further action was taken, and the legislation was referred to the House Committee on Financial Services and effectively pigeonholed and ignored.

It's a bold and needed measure to "abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes."

The bill provides for management of employees, assets and liabilities of the Board during a dissolution period, and more as follows:

-- it designates the Director of the Office of Management and Budget to liquidate Fed assets in an orderly and expeditious manner;