The Answer to Sen. Sander's Question
(henrymakow.com) -- by Tony Blizzard --
Senator Bernie Sanders asked the question, "Has the Federal Reserve of the United States become the central bank of the world?" on discovering that the Fed, after receiving billions of "free money" from the American people, used none of it to help those people, instead loaning it and trillions more to other banks and corporations, not only in the U.S. but in Europe.
He should have added, "At the expense of the American people?" Because, in spite of many, especially libertarians, who like to state that our money is "created out of thin air," it isn't. It's created on the credit of the abilities and the wealth of the American nation and people in the form of treasury bonds. Which bonds, incidentally, are GIVEN to the Fed at no cost via the Fed writing checks on no funds to "buy" them, creating a totally false national debt because it's created by plain fraud.
It's a transfer of real wealth of the nation and its people for nothing, which has resulted in the economic pauperism and enslavement of the American people to these private bankers, a la the worldwide Rothschild criminal scam still masquerading as "banking."
So you see, it doesn't matter if the government handed over more credit or if the Fed just did it with "its own resources," the American people are the true creators and/or legitimate owners of the nation's money but NEVER, thanks to criminal collusion of their own government with the criminal "bankers," the actual owners; not since the banker engineered demise of Lincoln's greenbacks, which were proper, free money, the property of the people.
The senator's question deserves an answer however.
ALL these banks create money the same way. There is a numbers game set up to control the amount created by each member of the scam which logic tells us is a means of pyramid control from the top down. When the Fed loans money to other banks (or collects payment on a loan) it simply changes the numbers control, always in a way to make SOMEONE at the top a pile of added wealth while the lower members get their cut.
Discussion of the myriad of details, often mysterious to outsiders, IS DESIGNED to keep the dumb public from ever understanding the scam, which is simple theft at heart.
This theft by fraud is now accepted as standard procedure, the necessary crux of economic existence, in all the world other than Muslim nations. It is enmeshed at the top with all other governments of all other nations. It is part and parcel of the operation of all globalist corporations.
Every military and all police other than those of the Muslim world are under its iron fist, converted from peace keepers to economic knee cappers. Academia is its propaganda arm...MORE...LINK
Chris Moore comments:
I agree with the sentiments of this article in terms of the vast, funny money swindle and ponzi scheme being carried out by the West's counterfeit "elite" (which is finally unraveling after decades, as evidenced by the "Great Recession"), but I question why the author claims libertarians believe money is "created out of thin air," and why he believes Bernie Sanders' feigned affectations of surprise at the hegemony of the Fed are in earnest. After all, libertarian Ron Paul has been virtually the only true hard money advocate in the entire Congress for years, and it was socialist Bernie Sanders who recently sabotaged Paul's efforts for a comprehensive audit of the Fed in order to substitute it with a watered down version that allowed the Fed to continue most of its corrupt activities in secret.
Indeed, it is Keynesians and socialists who act as if money is created out of thin air and can simply be printed and distributed by central bankers indefinitely without anything of value backing it. In reality, what that money purchases is thousands of confederates who agree to go along with the ponzi scheme, and agree to play by the "see no evil, speak no evil, hear no evil" rules instituted by the Establishment in return for a cut of the take.
But there is nothing "free" about the arrangement. These collaborators have had to sell their souls for their thirty pieces of silver, because the truth is that the money IS backed by something; it's backed by the Big Guns of the U.S. military and their (eroding) ability to force the rest of the world to play by the rules of the ponzi scheme through intimidation, threat of force, and warfare. That, in part, is what the U.S. wars in the Mideast are about.
In other words, it's blood money. And all of those Keynesians who are part of the swindle -- from statist-Left socialists like Bernie Sanders, through statist-liberals like the Democrat Party, through the statist-Right neocons and Bushcons in control of the GOP (excluding Ron Paul and a handfull of others) -- they all have oceans of blood on their hands.
So the next time a socialist, neocon or Keynesian of any stripe righteously declares they are pursuing this or that Big Government policy out of compassion and beneficence, or "for the children," remind them that there is no such thing as a free lunch, and that until we get our own economic house in order, the big spending is coming out of the hides of the rest of the world, and will eventually come out of the hides of young Americans when the counterfeit elite's vast, criminal conspiracy finally collapses, and upcoming generations of Americans are left holding the bag.Epically corrupt and insatiably greedy, or simply insane? After cynically sabotaging libertarian Ron Paul's initiative for a comprehensive audit of the Fed, sick socialist Bernie Sanders feigned surprise and disgust at secretive Fed's abuse of power and ability to transfer billions from the American public to international bankers