– Fed Vice Chair Stan Fischer Unexpectedly Resigns “For Personal Reasons”:
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The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
– Top Israeli Central Banker is The Real Power In The Federal Reserve (Blacklisted News, Jan 2, 2015):
Source: Politico
Fed Chair Janet Yellen pushed for him to be her No. 2 in a move that was viewed as a show of confidence and strength as she prepares to lead the Fed through one of it most challenging periods, managing the wind down of massive stimulus programs put in place following the financial crisis.
The pairing was dubbed a central banking “dream team” by Fed watchers.
Read moreTop Israeli Central Banker is The Real Power In The Federal Reserve
… and Europe:
– Germany Blesses ‘Bail-In’ Deposit Confiscation Plan For Failing EU Banks
– UK Bank RBS Has ‘£100 Billion Black Hole’ & In ‘Danger Of Failing’ – Bail-Ins Cometh
H/t reader squodgy:
“Being a former member of the chosen few, he rejected their ways and chose a form of Christianity.
He knows how the corrupt jews think and plan, and so far, his assessment has been spot on.This next forecast is worrying, not least because it proves where all the bail out money has gone…..and it isn’t to the middle and lower classes…..”
Bail-ins are coming to a country near you.
Brother Nathanael’s YouTube channel is blocked in several countries, which is why I have provided some alternative uploads for you.
Prepare for collapse.
Physical gold and silver will protect you from bail-ins, but only real preparedness (food, water etc.) will keep you and your family alive.
They don’t need to confiscate your guns, all they need to do is collapse the system and head to their DUMBS …
– Whistleblower Reveals Secret Underground Base Beneath Denver International Airport
– Deep Underground Military Bases (D.U.M.B.S.) In California
– Deep Underground Military Bases (D.U.M.B.S.) – US Has Been Building Large Scale Underground Cities
Most people have only food for 3 days and then the only thing they have left is guns and ammo, lots of ammo.
And then what?
– Dr. Rima E. Laibow: The Globalist Depopulation Agenda (Video):
In 2002 one of Dr. Rima E. Laibow’s patients, a head of state, told her:
“It’s almost time for the great culling to begin.”
Dr. Rima E. Laibow’s husband is Albert “Bert” Newton Stubblebine III a retired Major General in the United States Army. He was the commanding general of the United States Army Intelligence and Security Command from 1981 to 1984, when he retired from the Army.
– Sinister Sites: The Georgia Guidestones
– The Georgia Guidestones: ‘Maintain Humanity Under 500,000,000?
Alternative 1:
Alternative 2:
FYI.
– The Markets Should Celebrate Stanley Fischer As Number Two At Fed, A Perfect Ten Strike (Forbes, Dec 11, 2013):
I know and admire the wisdom of Stanley Fischer, apparently to be appointed Vice Chairman of the Federal Reserve Bank. Fischer will add a serious complement of experience to maintain stability of the nation’s monetary policy as he understands only too well the absolute requirement of avoiding another meltdown. This appointment will strengthen the positive attitude of financial markets as Fischer is a strong asset for Yellen, and influential with other local Fed presidents as well as Finance Ministers and Central Bankers around the globe. Just recently, Larry Summers and a passel of other influential economists saluted Fischer with keenly read papers at the IMF to honor his influence in economic circles. And I know that Fischer has a very high regard for the former Treasury Secretary.
I believe his record as MIT Professor supervising Ben Bernanke’s thesis on the depression in 1979, his time at the IMF as chief economist, a few years at Citigroup and then a spectacular success steering the Israeli economy to superior economic growth at the Bank of Israel will be seen as a valuable counterpart to Janet Yellen’s huge challenge of easing us out of quantitative easing.
…
– For No. 2 at Fed, White House Favors Central Banker in the Bernanke Mold (New York Times, Dec 11, 2013):
WASHINGTON — Stanley Fischer, the former governor of the Bank of Israel and a mentor to the Federal Reserve’s chairman, Ben S. Bernanke, is the leading candidate to become vice chairman of the Fed, according to former and current administration officials.
…
– Former Bank of Israel Gov. Fischer near Fed vice chair nomination: Reports (CNBC. Dec 11, 2013):
The White House is close to nominating Stanley Fischer, the former governor of the Bank of Israel, as vice chair of the Federal Reserve, various media outlets reported on Wednesday.
Fischer, 70, headed the Israeli central bank until earlier this year. He is a former head of the economics department at MIT, former number two official at the IMF and former chief economist at the World Bank.
Among his students during his 20-plus years teaching at MIT were outgoing Fed Chairman Ben Bernanke and former presidential advisor Greg Mankiw.
Read moreWhite House Favors Former Bank Of Israel Governor Stanley Fischer To Be Fed Vice Chair
– How A Handful Of Unsupervised MIT Economists Run The World (ZeroHedge, Dec 12, 2012)
– This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied – The Sequel (ZeroHedge, July 19, 2012):
Two years ago, in January 2010, Zero Hedge wrote “This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied” which became one of our most read stories of the year. The reason? Perhaps something to do with an implicit attempt at capital controls by the government on one of the primary forms of cash aggregation available: $2.7 trillion in US money market funds. The proximal catalyst back then were new proposed regulations seeking to pull one of these three core pillars (these being no volatility, instantaneous liquidity, and redeemability) from the foundation of the entire money market industry, by changing the primary assumptions of the key Money Market Rule 2a-7. A key proposal would give money market fund managers the option to “suspend redemptions to allow for the orderly liquidation of fund assets.” In other words: an attempt to prevent money market runs (the same thing that crushed Lehman when the Reserve Fund broke the buck). This idea, which previously had been implicitly backed by the all important Group of 30 which is basically the shadow central planners of the world (don’t believe us? check out the roster of current members), did not get too far, and was quickly forgotten. Until today, when the New York Fed decided to bring it back from the dead by publishing “The Minimum Balance At Risk: A Proposal to Mitigate the Systemic Risks Posed by Money Market FUnds“. Now it is well known that any attempt to prevent a bank runs achieves nothing but merely accelerating just that (as Europe recently learned). But this coming from central planners – who never can accurately predict a rational response – is not surprising. What is surprising is that this proposal is reincarnated now. The question becomes: why now? What does the Fed know about market liquidity conditions that it does not want to share, and more importantly, is the Fed seeing a rapid deterioration in liquidity conditions in the future, that may and/or will prompt retail investors to pull their money in another Lehman-like bank run repeat?
Here is how the Fed frames the problem in the abstract: