Financial panic: Cartel to implement its ‘End Game’?

“The End of the Game of Card” by Jean-Louis-Ernest Meissonier (ca. 1870?) / Wikimedia

“…in every major US financial panic since at least the Panic of 1835, the titans of Wall Street – most especially until 1929, the House of JP Morgan – have deliberately triggered bank panics behind the scenes in order to consolidate their grip on US banking. The private banks used the panics to control Washington policy including the exact definition of the private ownership of the new Federal Reserve in 1913, and to consolidate their control over industry such as US Steel, Caterpillar, Westinghouse and the like. They are, in short, old hands at such financial warfare to increase their power.

Now they must do something similar on a global scale to be able to continue to dominate global finance, the heart of the power of the American Century.

That process of using panics to centralize their private power created an extremely powerful concentration of financial and economic power in a few private hands, the same hands which created the influential US foreign policy think-tank, the New York Council on Foreign Relations in 1919…” (emphasis added) – F. William Engdahl, October 10, 2008 (1)

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Ron Paul: Audit the Fed, Before It’s Too Late!

Transcript:
Audit the Fed, Before It’s Too Late!
by Ron Paul – Daily Paul
March 5, 2012

“While the Fed has recently released an unprecedented amount of information on its activities, there is still much that remains unknown. Predictably, every push towards transparency has been fought tooth and nail. It took disclosure requirements enacted within the Dodd-Frank Act to get the Fed to provide data on its emergency lending facilities. It took lawsuits filed by Bloomberg and Fox News to provide data on discount window lending during the worst parts of the financial crisis. And it will take further concerted action on the part of Congress, the media, and the public to keep up pressure on the Fed to become and remain transparent.” Continue reading

Week’s Best audio Interview: Lew Rockwell and Occupy Government

“We have a growing police state in this country.”
“They’re doing, under the direction of the central government,
exactly what the U.S. all has criticized these other countries for…”

Image : renjith krishnan / FreeDigitalPhotos.net *

Lew Rockwell
talks
about banks,
the Fed,
and the resistance

Just click on the link below to listen to the interview:

Lew Rockwell talks to Russia Today

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Rob Kirby: Economic reality check VS mainstream press

Bank of England, Threadneedle Street, London, England / Wiki Commons *

“The truth of the matter is – although never publicly stated – that the Fed is “owned” or controlled by the same narcissist, sycophant miscreants who “own” the Bank of England.”  Rob Kirby Continue reading

Operation Twisted Logic

“‘Operation Twist’ is another attempt to keep interest rates low and to encourage borrowing when the present crisis is in fact the result of low interest rates and excessive borrowing.”

“The Fed’s entire policy program suffers from the same defect that all market interventions suffer from. The moment you stop intervening, the underlying problems come to the surface again. Administrative price setting does not change economic reality, at least not for the better.¨ Detlev Schlichter Continue reading