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Our Only Solution to the Fed Debt Trap

By       Message Rand Clifford     Permalink
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We should have paid attention to Louis McFadden:

"The Federal Reserve (banks) are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Bankers."

And.

"Some people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers" (Congressional Record 12595-12603 -- Louis T. McFadden, Chairman of the Committee on Banking and Currency June 10, 1932).

Or Lindbergh:   
   
"The financial system has been turned over to the Federal Reserve Board. That Board as ministers the finance system by authority of  a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money." (Charles A. Lindbergh Sr., 1923)

Prominent Americans have long pointed out that the Fed is a private banking cartel designed to systematically destroy the dollar, drain wealth of the American public and crush the federal government with debt.

Ben Bernanke, current chairman of the Fed, actually told truth about the Great Depression in his speech at a University of Chicago conference honoring the 90th birthday of  Milton Friedman, concluding with:

"Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again."

MSM excels at suppressing leaked documents and defector testimony that clearly reveal the Fed's zeal over the thousands of banks and farms they hoped to acquire for pennies on the dollar by inducing a depression. MSM has also protected the public from the truth that derivatives were at the heart of the 2008 financial crisis, and will define the next crisis.

Estimates of the notional value of the global derivatives market range from $600 trillion to $1.4 quadrillion. Webster Tarpley said this about derivatives:
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"Far from being some arcane or marginal activity, financial derivatives have come to represent the principal business of the financier oligarchy in Wall Street, the City of London, Frankfurt, and other money centers. A concerted effort has been made by politicians and the news media to hide and camouflage the central role played by derivative speculation in the economic disasters of recent years. Journalists and public relations types have done everything possible to avoid even mentioning derivatives, coining phrases like "toxic assets," "exotic instruments," and -- most notably -- "troubled assets," as in Troubled Assets Relief Program or TARP, aka the monstrous $800 billion bailout of Wall Street speculators which was enacted in October 2008...."

With their ownership of MSM, and history of doing whatever they want--including whatever it takes to protect their dollar entitlement, the Fed might seem impossible to root out. And regardless of how severely they try to complicate the whole Fed crime, our choice is exquisitely simple:

Kill the Fed or the Fed will kill us.

Our only other choice is limping from economic bubble to bursting economic bubble, hobbled by debt and drenched in austerity until we can limp no more. And if MSM ever publicly calls derivatives, "derivatives", it's far too late. The imminent financial crisis will render public interest a ghost from a distant  past.

The only epoch offering Americans a future: the Fed, AD.

The Fed, after death.

Bela Lugosi liked to say, "There is no... other way."

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Rand Clifford lives in Spokane, Washington. His novels and earlier essays can be found at http://www.starchiefpress.com/

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