Are The Federal Reserve’s Crimes Too Big To Comprehend?

[baja]

Are The Federal Reserve’s Crimes Too Big To Comprehend?

y David DeGraw, AmpedStatus
What if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out.
I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.
I’ve written many reports detailing the crimes of Wall Street during this crisis. The level of fraud, from top to bottom, has been staggering. The lack of accountability and the complete disregard for the rule of law have made me and many of my colleagues extremely cynical and jaded when it comes to new evidence to pile on top of the mountain that we have already gathered. But we must not let our cynicism cloud our vision on the details within this new information.
Just when I thought the banksters couldn’t possibly shock me anymore… they did.
We were finally granted the honor and privilege of finding out the specifics, a limited one-time Federal Reserve view, of a secret taxpayer funded “backdoor bailout” by a small group of unelected bankers. This data release reveals “emergency lending programs” that doled out $12.3 TRILLION in taxpayer money - $3.3 trillion in liquidity, $9 trillion in “other financial arrangements.”

Wait, what? Did you say $12.3 TRILLION tax dollars were thrown around in secrecy by unelected bankers… and Congress didn’t know any of the details?
Yes. The Founding Fathers are rolling over in their graves. The original copy of the Constitution spontaneously burst into flames. The ghost of Tom Paine went running, stark raving mad screaming through the halls of Congress.
The Federal Reserve was secretly throwing around our money in unprecedented fashion, and it wasn’t just to the usual suspects like Goldman Sachs, JP Morgan, Citigroup, Bank of America, etc.; it was to the entire Global Banking Cartel. To central banks throughout the world: Australia, Denmark, Japan, Mexico, Norway, South Korea, Sweden, Switzerland, England… To the Fed’s foreign primary dealers like Credit Suisse (Switzerland), Deutsche Bank (Germany), Royal Bank of Scotland (U.K.), Barclays (U.K.), BNP Paribas (France)… All their Ponzi players were “gifted.” All the Racketeer Influenced and Corrupt Organizations got their cut.
Talk about the ransacking and burning of Rome! Sayonara American middle class…
If you still had any question as to whether or not the United States is now the world’s preeminent banana republic, the final verdict was just delivered and the decision was unanimous. The ayes have it.
Any fairytale notions that we are living in a nation built on the rule of law and of the global economy being based on free market principles has now been exposed as just that, a fairytale. This moment is equivalent to everyone in Vatican City being told, by the Pope, that God is dead.
I’ve been arguing for years that the market is rigged and that the major Wall Street firms are elaborate Ponzi schemes, as have many other people who built their beliefs on rational thought, reasoned logic and evidence. We already came to this conclusion by doing the research and connecting the dots. But now, even our strongest skeptics and the most ardent Wall Street supporters have it all laid out in front of them, on FEDERAL RESERVE SPREADSHEETS.
Even the Financial Times, which named Lloyd Blankfein its 2009 person of the year, reacted by reporting this: “The initial reactions were shock at the breadth of lending, particularly to foreign firms. But the details paint a bleaker and even more disturbing picture.”

Yes, the emperor doesn’t have any clothes. God is, indeed, dead. But, for the moment at least, the illusion continues to hold power. How is this possible?
To start with, as always, the US television “news” media (propaganda) networks just glossed over the whole thing - nothing to see here, just move along, back after a message from our sponsors… Other than that obvious reason, I’ve come to the realization that the Federal Reserve’s crimes are so big, so huge in scale, it is very hard for people to even wrap their head around it and comprehend what has happened here.
Think about it. In just this one peek we got at its operations, we learned that the Fed doled out $12.3 trillion in near-zero interest loans, without Congressional input.
The audacity and absurdity of it all is mind boggling…
Based on many conversations I’ve had with people, it seems that the average person doesn’t comprehend how much a trillion dollars is, let alone 12.3 trillion. You might as well just say 12.3 gazillion, because people don’t grasp a number that large, nor do they understand what would be possible if that money was used in other ways.
Can you imagine what we could do to restructure society with $12.3 trillion? Think about that…
People also can’t grasp the colossal crime committed because they keep hearing the word “loans.” People think of the loans they get. You borrow money, you pay it back with interest, no big deal.
That’s not what happened here. The Fed doled out $12.3 trillion in near-zero interest loans, using the American people as collateral, demanding nothing in return, other than a bunch of toxic assets in some cases. They only gave this money to a select group of insiders, at a time when very few had any money because all these same insiders and speculators crashed the system.
Do you get that? The very people most responsible for crashing the system, were then rewarded with trillions of our dollars. This gave that select group of insiders unlimited power to seize control of assets and have unprecedented leverage over almost everything within their economies - crony capitalism on steroids.

This was a hostile world takeover orchestrated through economic attacks by a very small group of unelected global bankers. They paralyzed the system, then were given the power to recreate it according to their own desires. No free market, no democracy of any kind. All done in secrecy. In the process, they gave themselves all-time record-breaking bonuses and impoverished tens of millions of people - they have put into motion a system that will inevitably collapse again and utterly destroy the very existence of what is left of an economic middle class.
That is not hyperbole. That is what happened.
We are talking about trillions of dollars secretly pumped into global banks, handpicked by a small select group of bankers themselves. All for the benefit of those bankers, and at the expense of everyone else. People can’t even comprehend what that means and the severe consequences that it entails, which we have only just begun to experience.
Let me sum it up for you: The American Dream is O-V-E-R.
Welcome to the neo-feudal-fascist state.
People throughout the world who keep using the dollar are either A) Part of the scam; B) Oblivious to reality; C) Believe that US military power will be able to maintain the value of an otherwise worthless currency; D) All of the above.
No matter which way you look at it, we are all in serious trouble!
If you are an elected official, (I know at least 17 of you subscribe to my newsletter) and you believe in the oath you took upon taking office, you must immediately demand a full audit of the Federal Reserve and have Ben Bernanke and the entire Federal Reserve Board detained. If you are not going to do that, you deserve to have the words “Irrelevant Puppet” tattooed across your forehead.
Yes, those are obviously strong words, but they are the truth.


the rest of the story;

http://poorrichards-blog.blogspot.co....html?spref=fb

[baja]

[baja]

[Boomhauer]

Originally Posted by baja

Are The Federal Reserve’s Crimes Too Big To Comprehend? ...
http://poorrichards-blog.blogspot.co....html?spref=fb

For you, apparently. I'd guess that's why you posted a winded, hysteric catch-phrase rambling about conspiracy and doom instead of facts, details, connections, predictions or solutions. Take a breath, adjust your head and try again.

[orinjkrush]

i'm not sure who's worse: enemies foreign or domestic.

both need a real, wartime strategy....and immediate action.

absent that, prepare for increasing enslavement.

Its time to leverage the intelligence community's assets on the banksters, just like the FBI has been used abroad.

[baja]

Originally Posted by Boomhauer

For you, apparently. I'd guess that's why you posted a winded, hysteric catch-phrase rambling about conspiracy and doom instead of facts, details, connections, predictions or solutions. Take a breath, adjust your head and try again.

Yes attack the messenger, that'll make it go away. Watch the videos if the bolgger is not your style. It's the collective sea of fools like you that allow things like this to happen.

[baja]

Originally Posted by Boomhauer

For you, apparently. I'd guess that's why you posted a winded, hysteric catch-phrase rambling about conspiracy and doom instead of facts, details, connections, predictions or solutions. Take a breath, adjust your head and try again.

I got an idea why don't you refute the claim that the fed "lent" Twelve Trillion Dollars to various good old boy banksters around the world and put the American tax payer on the hook for it. That was Trillion with a "T"

[mhgaffney]

Originally Posted by Boomhauer

For you, apparently. I'd guess that's why you posted a winded, hysteric catch-phrase rambling about conspiracy and doom instead of facts, details, connections, predictions or solutions. Take a breath, adjust your head and try again.

Boom wouldn't know what to do with a fact if it kissed him on the cheek.

[mhgaffney]

The average person has no clue about how much a trillion dollars really is.

We have nothing in our personal experience to compare it to. The banksters have done it again --

[Obushma]

America's greatest enemy, and the people don't even know it.

[baja]

Originally Posted by ThyNatural

America's greatest enemy, and the people don't even know it.

...and people here tell my i am crazy for preparing to live full time off the grid self sufficiently in a botanical paradise. Think of me when the roaming gangs of hungry crazies come to your front door to see what is for dinner & dessert.

[baja]

I am shocked this thread is not getting more play. Do you guys realize how much this is going to affect your lives?

[Rohirrim]

Are The Federal Reserve’s Crimes Too Big To Comprehend?

Yes.

[Obushma]

Originally Posted by baja

I am shocked this thread is not getting more play. Do you guys realize how much this is going to affect your lives?

It's not real to them because MSM hasn't told them yet, if it's not on the news, it cant be real.

[Rohirrim]

Originally Posted by ThyNatural

It's not real to them because MSM hasn't told them yet, if it's not on the news, it cant be real.

No. It's more like the corruption in the U.S. government is so overwhelming, it's like a pile of horse**** the size of a house. Somebody hands you a shovel and you walk around the pile again and again, thinking, "Where do I start?"

People's lives are being destroyed and they are overwhelmed by forces they do not understand.

[baja]

Originally Posted by Rohirrim

No. It's more like the corruption in the U.S. government is so overwhelming, it's like a pile of horse**** the size of a house. Somebody hands you a shovel and you walk around the pile again and again, thinking, "Where do I start?"

People's lives are being destroyed and they are overwhelmed by forces they do not understand.

This is closer to the truth of it.

It's like Jack Nicholson said to Tom Cruise, "You can't handle the truth!"

[Mile High Shack]

Originally Posted by baja

I am shocked this thread is not getting more play. Do you guys realize how much this is going to affect your lives?

where do you start?

i mean we are already screwed, I'd sleep better at night knowing we weren't doomed

[baja]

Originally Posted by Mile High Shack

where do you start?

i mean we are already screwed, I'd sleep better at night knowing we weren't doomed

Readying you land it the high desert of California is a very good place to start.

[cutthemdown]

Funny because Woodrow Wilson was a democrat, and he used democrats to pass the federal reserve act. Repubs were against it. It was the progressives that did it not the conservatives.

Not saying I am smart enough to know if we should ditch, or should never had had this system, only that its the democrats baby according to history. Not that I was around in 1913 or have any idea what life was like then.

[Obushma]

[baja]

I guess I shouldn't hold my breath waiting for you guys to say, "Hey baja you tried to warn us about the Fed., derivatives , banksters, wealth redistribution, the risks of deregulation, peak oil and the deep and still unfolding disaster that was George W. Bush years ago. You were right, I see it now. Thanks for trying to warn us and I'm sorry I called you a traitor."

[chadta]

Originally Posted by baja

I guess I shouldn't hold my breath waiting for you guys to say, "Hey baja you tried to warn us about the Fed., derivatives , banksters, wealth redistribution, the risks of deregulation, peak oil and the deep and still unfolding disaster that was George W. Bush years ago. You were right, I see it now. Thanks for trying to warn us and I'm sorry I called you a traitor."

i was with ya until the peak oil nonsense

[baja]

I don't think a lot of people understand the threat of peak oil. What Peak oil means is the point where we reach maximum production not when we run out of oil. The problem is the cost of oil. When we know we are not going to find any more cheap oil the law of supply and demand will take over and drive prices up and up. The demand is soaring while the amount of cheap oil is eroding. We have ridden the back of cheap oil to never before realized heights of human existence. Before cheap oil the planets supportable human population was about 1 billion, we have grown to be 7 billion because of cheap energy the planet will not support this many people without the cheap energy. The reduction of the human population will not be pretty to witness.

[Mile High Shack]

Originally Posted by chadta

i was with ya until the peak oil nonsense

I may be naive, but I still think they use the threat of peak oil to drive up the price, we were suppose to run out in the 80's

[chadta]

Originally Posted by Mile High Shack

I may be naive, but I still think they use the threat of peak oil to drive up the price, we were suppose to run out in the 80's

http://www.bloomberg.com/news/2011-0...-in-egypt.html

Supplies of gasoline rose 6.15 million barrels to 236.2 million last week, the highest level since March 1993, the Energy Department report showed. It was the biggest gain since January 2009. Inventories have climbed in 10 of the past 11 weeks.

yet at midnight tonight the price of gas here will go up by 1.1 cents per liter to 114.9 per liter.

10 of the last 11 weeks, that takes us back to november, when oil was under 80 bucks a barrel, gas was 97 cents a liter.

Cushing Oklahoma is swimming in oil, they cant process it fast enough its backing up in the pipeline, refining capacity is down to 84% or some insanely low number, gas supplies are still rising, and the price of oil is still going up.

Im all for supply and demand, but something is seriously messed up.

I trust the oil companies as much as i trust the bankers.