On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever

New-World-Order-13

On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever (Economic Collapse, Dec 22, 2013):

December 23rd, 1913 is a date which will live in infamy.  That was the day when the Federal Reserve Act was pushed through Congress.  Many members of Congress were absent that day, and the general public was distracted with holiday preparations.  Now we have reached the 100th anniversary of the Federal Reserve, and most Americans still don’t know what it actually is or how it functions.  But understanding the Federal Reserve is absolutely critical, because the Fed is at the very heart of our economic problems.

Since the Federal Reserve was created, there have been 18 recessions or depressions, the value of the U.S. dollar has declined by 98 percent, and the U.S. national debt has gotten more than 5000 times larger.  This insidious debt-based financial system has literally made debt slaves out of all of us, and it is systematically destroying the bright future that our children and our grandchildren were supposed to have.

If nothing is done, we are inevitably heading for a massive amount of economic pain as a nation.  So please share this article with as many people as you can.

The following are 100 reasons why the Federal Reserve should be shut down forever:

Read moreOn The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever

The Hidden Motives Behind The Federal Reserve Taper

Related info:

200 Years Of Dollar Debasement: A Century Without The Fed And A Century With … Which Would You Prefer?


dollar all seeing eye

The Hidden Motives Behind The Federal Reserve Taper (Alt-Market, Dec 21, 2013):

“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.” – Carroll Quigley, member of the Council on Foreign Relations

If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality – everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven’t a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken…

Read moreThe Hidden Motives Behind The Federal Reserve Taper

Greenspan #Timestamped – ‘Dow 16,000 Is Not A Bubble’

Greenspan #Timestamped – “Dow 16,000 Is Not A Bubble” (ZeroHedge, Nov 27, 2013):

The maestro clarifies his ‘experienced’ perspective of spotting bubbles in the following quote from his interview with Bloomberg TV’s Al Hunt:

“This does not have the characteristics, as far as I’m concerned, of a stock market bubble,”

Of course, as we noted here, some would beg to differ; but perhaps what would be useful is for the former Fed head to explain what ‘characteristics’ do constitute a bubble…

Nope, no bubble here…

And here’s his explanation…

Read moreGreenspan #Timestamped – ‘Dow 16,000 Is Not A Bubble’

Peter Schiff Warns Yellen’s Nomination Means Any QE Taper Expectations Are “Delusional”

Peter Schiff Warns Yellen’s Nomination Means Any QE Taper Expectations Are “Delusional” (ZeroHedge, Oct 9, 2013):

Submitted by Peter Schiff via Euro Pacific Capital,

Now that Janet Yellen has been named to lead the Federal Reserve the global financial markets should factor out any possibility that the Fed will diminish their Quantitative easing program anytime during her tenure. In fact, financial forecasts should assume that not only is a taper off the table, but that the QE program is now more likely to be perpetuated and expanded.

Unlike her predecessors, Janet Yellen has never had a youthful dalliance with hawkish monetary ideas. Before taking charge of the Fed both Alan Greenspan, and to a lesser extent Ben Bernanke, had advocated for the benefits of a strong currency and low inflation and had warned of the dangers of overly accommodative policy and unnecessary stimulus. (Both largely abandoned these ideals once they took the reins of power, but their urge to stimulate may have been restrained by a vestigial bias against the excesses of Keynesianism). Janet Yellen, who has been on the liberal/dovish end of the monetary spectrum for her entire professional career, has no such baggage. As a result, we can expect her to never waver in her belief that stimulus is the answer to every economic question.

Read morePeter Schiff Warns Yellen’s Nomination Means Any QE Taper Expectations Are “Delusional”

Fed’s Charles Plosser Admits Fed Was Responsible For Last Housing Bubble, Doesn’t Want To ‘Create Another’

Fed’s Plosser Admits Fed Was Responsible For Last Housing Bubble, Doesn’t Want To “Create Another” (ZeroHedge, July 12, 2013):

The “mutinying” half of the Fed – that which the FOMC minutes indicated wanted an end to QE by the end of 2013 – is not going to take Bernanke’s Wednesday steamrolling lying down. Enter Charles Plosser, who becomes a voting member next year:

  • PLOSSER SAYS FED SHOULD HALT QE BY END OF THIS YEAR

Good luck there. But here is the punchline:

Read moreFed’s Charles Plosser Admits Fed Was Responsible For Last Housing Bubble, Doesn’t Want To ‘Create Another’

1994 Vs 2013: Spot The Carbon-Copy Similarities – ‘It Can’t Happen … It Can’t Happen … It Can’t Happen … It Just Happened’

1994 vs 2013: Spot The Carbon-Copy Similarities (ZeroHedge, July 9, 2013):

The only thing that is necessary for something to happen, is for everyone to say it can’t possibly happen. Such as a carbon copy replica of the 1994 bond crush. Presenting: 1994 vs 2013, or as it is better known “It can’t happen… It can’t happen…It can’t happen…  It just happened”

And some rather spot on commentary on just this from Guggenheim’s Scott Minerd, who just like us, sees the inevitable outcome of the upcoming taper (which is coming), as the untaper, i.e., even moar printing by the Chairman (or woman as the case may be in 2014).

From Guggenheim‘s Scott Minerd

The Fed’s Bind: Tapering, Timetables and Turmoil

Read more1994 Vs 2013: Spot The Carbon-Copy Similarities – ‘It Can’t Happen … It Can’t Happen … It Can’t Happen … It Just Happened’

ABNORMALCY BIAS

“The real hopeless victims of mental illness are to be found among those who appear to be most normal. Many of them are normal because they are so well adjusted to our mode of existence, because their human voice has been silenced so early in their lives that they do not even struggle or suffer or develop symptoms as the neurotic does. They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness. These millions of abnormally normal people, living without fuss in a society to which, if they were fully human beings, they ought not to be adjusted.”
Aldous Huxley – Brave New World Revisited

“If you want a vision of the future, imagine a boot stamping on a human face – forever.”
George Orwell

“There will be, in the next generation or so, a pharmacological method of making people love their servitude, and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda or brainwashing, or brainwashing enhanced by pharmacological methods. And this seems to be the final revolution.”
Aldous Huxley, 1961

ABNORMALCY BIAS (The Burning Platform , May 9, 2013)

Alan Greenspan: Ignore The Economy, ‘Only The Stock Market Matters’ (Video)

You can’t make this stuff up!


Greenspan: Ignore The Economy, “Only The Stock Market Matters” (ZeroHedge, Feb 15, 2013):

Starting at around 1:50, Greenspan states the odds of sequester occurring are very high – in fact, the playdough-faced ex-Chair-head notes, “I find it very difficult to find a scenario in which [the sequester] doesn’t happen” But when asked how this will affect the economy, Awkward Alan is unusually clearly spoken – “the issue is how does it affect the stock market.”While not so many of our leaders have taken the path to direct truthiness, Greenspan somewhat shocks a Botox’d and babbling Bartiromo when he admits “the stock market is the key player in the game of economic growth.”

Read moreAlan Greenspan: Ignore The Economy, ‘Only The Stock Market Matters’ (Video)

Bloomberg: Is Inflation The Legacy of the Federal Reserve? (Video)


YouTube Added: 17.01.2013
Description:

Jan. 17 (Bloomberg) — In today’s “Single Best Chart,” Bloomberg’s Scarlet Fu displays how inflation has increased in the 100 years since the creation of the Federal Reserve. She speaks on Bloomberg Television’s “Bloomberg Surveillance.”