Federal Reserve Chairman Admits Agency is Above the Law and the President
Alternatives to Political Systems, Economics — by Craig Mackintosh November 7, 2009
Those that read and enjoyed such posts as The Crash Course and Money as Debt will understand the significance of, and not be surprised by, the Federal Reserve (now former) chairman clearly stating that the Federal Reserve is a private agency, above the law, above the president and should not be subject to any outside interference. Despite having such a pivotal role in the U.S., and hence the world economy, the Federal Reserve is thus no different than private corporations like Monsanto, McDonalds, Tesco, etc. – it’s not working for the benefit of citizens, but is working for profit for its shareholders – except that while the latter are doing their best to collect the money, the former is actually printing it.
The bankers dictate to governments, and manipulate the populace, not the other way around – and boy do they have the tools and position to enable them to do so. What a wonderfully privileged position they hold….
Comments (0)I sincerely believe the banking institutions having the issuing power of money, are more dangerous to liberty than standing armies. – Thomas Jefferson
Who controls money controls the world. – Henry Kissinger, Council on Foreign Relations
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