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Old 09-16-2014, 10:08 AM   #264
gyldenlove
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Quote:
Originally Posted by mhgaffney View Post
Senator and CIA Insider Accuse Federal Reserve of Covering Up Secret Bankruptcy
By MONEY MORNING STAFF REPORTS

Is the Federal Reserve covering up a dangerous crisis that threatens to bring down, not just the United States, but the entire global economy?

According to two men, one a high-ranking member of the U.S. Intelligence Community, and the other, a 2016 Presidential hopeful, the answer is yes.

They both believe the world's most powerful central bank is secretly bankrupt and Fed Chairwoman Janet Yellen will do whatever it takes to keep the public in the dark about this startling situation.

If they're correct, every American should fear the unavoidable endgame their evidence is predicting.

Recently, in an emotional speech from the Senate floor, Senator Rand Paul declared that the Federal Reserve is now "insolvent."

http://moneymorning.com/ext/articles...edium=referral
So aside from clearly not understanding anything at all about history, this piece commits the cardinal sin of politicizing data. Of course something will look dramatic when you have your axis from 30-35, but what the data is actually showing is a change of about 15% which is really not that much.
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