<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Disinformation &#187; Federal Reserve</title>
	<atom:link href="http://www.disinfo.com/tag/federal-reserve/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.disinfo.com</link>
	<description>alternative views, news &#38; information—online, video and print</description>
	<lastBuildDate>Thu, 09 Feb 2012 17:13:55 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Federal Lawsuit Claims Illuminati Groups Stole $1.1 Trillion</title>
		<link>http://www.disinfo.com/2011/12/federal-lawsuit-claims-illuminati-groups-stole-1-1-trillion/</link>
		<comments>http://www.disinfo.com/2011/12/federal-lawsuit-claims-illuminati-groups-stole-1-1-trillion/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 15:34:37 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Freemasons]]></category>
		<category><![CDATA[Illuminati]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
		<category><![CDATA[United Nations]]></category>
		<category><![CDATA[World Economic Forum]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=64435</guid>
		<description><![CDATA[<p><a title="By --SGOvD webmaster (talk) 19:11, 24 July 2006 (UTC) (File:Owl of Minerva.png) [GFDL (www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (www.creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons" href="http://commons.wikimedia.org/wiki/File%3AOwl_of_Minerva.png"><img class="alignright" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" src="http://upload.wikimedia.org/wikipedia/commons/f/f5/Owl_of_Minerva.png" alt="Owl of Minerva" width="118" height="140" /></a>From <a href="http://www.courthousenews.com/2011/12/05/41930.htm">Courthouse News Service</a>:</p>
<blockquote><p>An American expatriate in Bulgaria claims the United Nations, the World Economic Forum, the Office of International Treasury Control and the Italian government conspired with a host of others to steal more than $1.1 trillion in financial instruments intended to support humanitarian purposes.</p>
<p>The 111-page federal complaint involves a range of entities common to conspiracy theorists, including the Vatican Illuminati, the Masons, the &#8220;Trilateral Trillenium Tripartite Gold Commission,&#8221; and the U.S. Federal Reserve.</p>
<p>Plaintiff Neil Keenan claims he was entrusted in 2009 with the financial instruments &#8211; which included U.S. Federal Reserve notes worth $124.5 billion, two Japanese government bonds with a combined face value of $19 billion, and one U.S. &#8220;Kennedy&#8221; bond with a face value of $1 billion &#8211; by an entity called the Dragon Family, which is a group of several wealthy and secretive Asian families.</p>
<p>&#8220;The Dragon family abstains from public view and knowledge, but, upon&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><a title="By --SGOvD webmaster (talk) 19:11, 24 July 2006 (UTC) (File:Owl of Minerva.png) [GFDL (www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (www.creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons" href="http://commons.wikimedia.org/wiki/File%3AOwl_of_Minerva.png"><img class="alignright" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" src="http://upload.wikimedia.org/wikipedia/commons/f/f5/Owl_of_Minerva.png" alt="Owl of Minerva" width="118" height="140" /></a>From <a href="http://www.courthousenews.com/2011/12/05/41930.htm">Courthouse News Service</a>:</p>
<blockquote><p>An American expatriate in Bulgaria claims the United Nations, the World Economic Forum, the Office of International Treasury Control and the Italian government conspired with a host of others to steal more than $1.1 trillion in financial instruments intended to support humanitarian purposes.</p>
<p>The 111-page federal complaint involves a range of entities common to conspiracy theorists, including the Vatican Illuminati, the Masons, the &#8220;Trilateral Trillenium Tripartite Gold Commission,&#8221; and the U.S. Federal Reserve.</p>
<p>Plaintiff Neil Keenan claims he was entrusted in 2009 with the financial instruments &#8211; which included U.S. Federal Reserve notes worth $124.5 billion, two Japanese government bonds with a combined face value of $19 billion, and one U.S. &#8220;Kennedy&#8221; bond with a face value of $1 billion &#8211; by an entity called the Dragon Family, which is a group of several wealthy and secretive Asian families.</p>
<p>&#8220;The Dragon family abstains from public view and knowledge, but, upon information and belief, acts for the good and better benefit of the world in constant coordination with higher levels of global financial organizations, in particular, the Federal Reserve System,&#8221; Keenan claims.</p>
<p>&#8220;During the course of its existence over the last century, the Dragon family has accumulated great wealth by having provided the Federal Reserve Bank and the United States Government with asset assignments of gold and silver via certain accounts held in Switzerland, for which it has received consideration in the form of a variety of Notes, Bonds and Certificates such as those described &#8230; that are an obligation of the Federal Reserve System.&#8221;</p>
<p>Keenan says that with accrued interest the instruments are now worth more than $1 trillion&#8230;</p></blockquote>
<p>[continues at <a href="http://www.courthousenews.com/2011/12/05/41930.htm">Courthouse News Service</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/12/federal-lawsuit-claims-illuminati-groups-stole-1-1-trillion/feed/</wfw:commentRss>
		<slash:comments>21</slash:comments>
		</item>
		<item>
		<title>The Bank Bailout Was Actually $8 Trillion</title>
		<link>http://www.disinfo.com/2011/11/the-bank-bailout-was-actually-8-trillion/</link>
		<comments>http://www.disinfo.com/2011/11/the-bank-bailout-was-actually-8-trillion/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 17:28:08 +0000</pubDate>
		<dc:creator>JacobSloan</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=63978</guid>
		<description><![CDATA[<p><a href="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/11/large.jpg"><img class="alignright size-full wp-image-63979" title="large" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/11/large.jpg" alt="large" width="350" /></a>Ah, free-market capitalism &#8212; the economic system that works best, provided that one infuses $8 trillion to stave off total collapse. The <a href="http://www.theatlanticwire.com/business/2011/11/bank-bailout-was-way-bigger-anyone-thought/45432/">Atlantic Wire</a> writes:</p>
<blockquote><p>Remember the $700 billion Troubled Asset Relief Program with which the federal government came to the rescue of faltering banks in 2008? Well, according to a Bloomberg report, that was just a fraction of the financial help the Federal Reserve Bank wound up doling out to troubled lenders. The real total was reportedly closer to $8 trillion, after you add up benefits outside TARP, including emergency loans given at below-market rates:</p>
<blockquote><p>The amount of money the central bank parceled out was surprising even to Gary H. Stern, president of the Federal Reserve Bank of Minneapolis from 1985 to 2009, who says he “wasn’t aware of the magnitude.” It dwarfed the Treasury Department’s better-known $700 billion Troubled Asset Relief Program, or TARP. Add up guarantees and lending limits, and&#8230;</p></blockquote></blockquote>]]></description>
			<content:encoded><![CDATA[<p><a href="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/11/large.jpg"><img class="alignright size-full wp-image-63979" title="large" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/11/large.jpg" alt="large" width="350" /></a>Ah, free-market capitalism &#8212; the economic system that works best, provided that one infuses $8 trillion to stave off total collapse. The <a href="http://www.theatlanticwire.com/business/2011/11/bank-bailout-was-way-bigger-anyone-thought/45432/">Atlantic Wire</a> writes:</p>
<blockquote><p>Remember the $700 billion Troubled Asset Relief Program with which the federal government came to the rescue of faltering banks in 2008? Well, according to a Bloomberg report, that was just a fraction of the financial help the Federal Reserve Bank wound up doling out to troubled lenders. The real total was reportedly closer to $8 trillion, after you add up benefits outside TARP, including emergency loans given at below-market rates:</p>
<blockquote><p>The amount of money the central bank parceled out was surprising even to Gary H. Stern, president of the Federal Reserve Bank of Minneapolis from 1985 to 2009, who says he “wasn’t aware of the magnitude.” It dwarfed the Treasury Department’s better-known $700 billion Troubled Asset Relief Program, or TARP. Add up guarantees and lending limits, and the Fed had committed $7.77 trillion as of March 2009 to rescuing the financial system, more than half the value of everything produced in the U.S. that year.</p></blockquote>
<p>Bloomberg came up with that number after reviewing &#8220;29,000 pages of Fed documents obtained under the Freedom of Information Act and central bank records of more than 21,000 transactions.&#8221; Bloomberg adds, &#8220;The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day.&#8221; That&#8217;s nearly twice the amount made public in TARP.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/11/the-bank-bailout-was-actually-8-trillion/feed/</wfw:commentRss>
		<slash:comments>49</slash:comments>
		</item>
		<item>
		<title>Dylan Ratigan: Exposing Secrets of The Federal Reserve</title>
		<link>http://www.disinfo.com/2011/10/dylan-ratigan-exposing-secrets-of-the-federal-reserve-video/</link>
		<comments>http://www.disinfo.com/2011/10/dylan-ratigan-exposing-secrets-of-the-federal-reserve-video/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 21:18:37 +0000</pubDate>
		<dc:creator>ralph</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Banksters]]></category>
		<category><![CDATA[Bernie Sanders]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Corruption]]></category>
		<category><![CDATA[Democracy]]></category>
		<category><![CDATA[Dylan Ratigan]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Plunder]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=62160</guid>
		<description><![CDATA[Via <a href=http://www.msnbc.msn.com/id/37560195/#44965331>The Dylan Ratigan Show</a>:

<embed name="msnbc223366" src="http://www.msnbc.msn.com/id/32545640" width="540" height="315" FlashVars="launch=44965331&#38;width=540&#38;height=315" allowscriptaccess="always" allowFullScreen="true" wmode="transparent" type="application/x-shockwave-flash" pluginspage="http://www.adobe.com/shockwave/download/download.cgi?P1_Prod_Version=ShockwaveFlash"></embed>]]></description>
			<content:encoded><![CDATA[<p>Via <a href=http://www.msnbc.msn.com/id/37560195/#44965331>The Dylan Ratigan Show</a>:</p>
<p><embed name="msnbc223366" src="http://www.msnbc.msn.com/id/32545640" width="540" height="315" FlashVars="launch=44965331&amp;width=540&amp;height=315" allowscriptaccess="always" allowFullScreen="true" wmode="transparent" type="application/x-shockwave-flash" pluginspage="http://www.adobe.com/shockwave/download/download.cgi?P1_Prod_Version=ShockwaveFlash"></embed></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/10/dylan-ratigan-exposing-secrets-of-the-federal-reserve-video/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Dennis Kucinich Tells Occupy Wall Street We Must Nationalize the Federal Reserve (Video)</title>
		<link>http://www.disinfo.com/2011/10/dennis-kucinich-tells-occupy-wall-street-we-must-nationalize-the-federal-reserve-video/</link>
		<comments>http://www.disinfo.com/2011/10/dennis-kucinich-tells-occupy-wall-street-we-must-nationalize-the-federal-reserve-video/#comments</comments>
		<pubDate>Fri, 07 Oct 2011 16:13:53 +0000</pubDate>
		<dc:creator>Camron Wiltshire</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Activism]]></category>
		<category><![CDATA[Dennis Kucinich]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[OccupyWallStreet]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=61139</guid>
		<description><![CDATA[Via: <a title="Dennis Kucinich Tells Occupy Wall Street to Nationalize the Federal Reserve" href="http://www.infowars.com/dennis-kucinich-tells-occupy-wall-street-to-nationalize-the-federal-reserve/" target="_blank">Infowars.com</a>:

Congressman Dennis Kucinich (D-OH) today released the following video and statement in support of the protestors on Wall Street and around the country who have identified themselves with the hashtag #OccupyWallStreet:

“To the young men and women who are braving the overreaction of local authorities to raise their voices against the corruption and manipulation of our nation that emanates from Wall Street: I say to you that your presence is making a difference. You are exercising the right every American holds most dear, the right of freedom of expression, and with that expression you are finally getting the attention of the nation.

<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="350" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://www.youtube.com/v/4IdPyYRnOY0&#38;feature" /><embed type="application/x-shockwave-flash" width="425" height="350" src="http://www.youtube.com/v/4IdPyYRnOY0&#38;feature"></embed></object>]]></description>
			<content:encoded><![CDATA[<p>Via: <a title="Dennis Kucinich Tells Occupy Wall Street to Nationalize the Federal Reserve" href="http://www.infowars.com/dennis-kucinich-tells-occupy-wall-street-to-nationalize-the-federal-reserve/" target="_blank">Infowars.com</a>:</p>
<p>Congressman Dennis Kucinich (D-OH) today released the following video and statement in support of the protestors on Wall Street and around the country who have identified themselves with the hashtag #OccupyWallStreet:</p>
<p>“To the young men and women who are braving the overreaction of local authorities to raise their voices against the corruption and manipulation of our nation that emanates from Wall Street: I say to you that your presence is making a difference. You are exercising the right every American holds most dear, the right of freedom of expression, and with that expression you are finally getting the attention of the nation.</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="350" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://www.youtube.com/v/4IdPyYRnOY0&amp;feature" /><embed type="application/x-shockwave-flash" width="425" height="350" src="http://www.youtube.com/v/4IdPyYRnOY0&amp;feature"></embed></object></p>
<p>“Wall Street banks got billion dollar bailouts but the American people get austerity. Fourteen million Americans are out of work. 50 million people don’t have health insurance and a million people a year lose their homes to foreclosure. Our policies take the wealth of the nation and accelerate it into the hands of the few.</p>
<p>“We need a government of the people and for the people. We need a financial system that is of the people and for the people. It is time we take our nation back and take our monetary system back from the big banks.</p>
<p>“I recently introduced H.R. 2990, the National Emergency Employment Defense Act, to put the Federal Reserve under the Treasury, to end the practice of fractional reserve banking and to take control of our monetary policy and make sure it works for the people.</p>
<p>“We can use our Constitutional authority to coin money and spend it into circulation to put millions of Americans back to work in a way that is noninflationary. The time for bold change is now.</p>
<p>“We are the American people. Our dream of freedom and prosperity is too big to fail.”</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/10/dennis-kucinich-tells-occupy-wall-street-we-must-nationalize-the-federal-reserve-video/feed/</wfw:commentRss>
		<slash:comments>22</slash:comments>
		</item>
		<item>
		<title>Why The Ron Paul Presidential Run Will Be A MUCH Bigger Deal This Time Around</title>
		<link>http://www.disinfo.com/2011/05/why-the-ron-paul-presidential-run-will-be-a-much-bigger-deal-this-time-around/</link>
		<comments>http://www.disinfo.com/2011/05/why-the-ron-paul-presidential-run-will-be-a-much-bigger-deal-this-time-around/#comments</comments>
		<pubDate>Sun, 01 May 2011 04:41:04 +0000</pubDate>
		<dc:creator>BananaFamine</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2012 election]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Elections]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[GOP]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[War]]></category>
		<category><![CDATA[War On Terror]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=52655</guid>
		<description><![CDATA[<p><img class="alignright size-medium wp-image-20235" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" title="Ron Paul" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/01/478px-Ron_Paul_official_Congressional_photo_portrait_2007-239x300.jpg" alt="Ron Paul" width="215" height="270" />Will Ron Paul be a serious presidential contender for the 2012 election? Joe Weisenthal writes for <a href="http://www.businessinsider.com/ron-paul-presidential-candidacy-2011-4">Business Insider</a>:</p>
<blockquote><p>It&#8217;s just obvious that in the last four years, since the last time Ron Paul ran for President, the ideological center of gravity in the GOP &#8212; and the whole country for that matter &#8212; has shifted a lot closer to Ron Paul&#8217;s position.</p>
<p>In 2008, Paul ran a cult campaign as a libertarian, anti-Fed, anti-war Republican.</p>
<p>At the time, nobody in the GOP really cared about the Fed, and for the most part, Bush&#8217;s wars enjoyed broad support.</p>
<p>Today they&#8217;re Obama&#8217;s wars, and the Fed is one of the most disliked institutions around, taking daily abuse even from mainstream outlets like CNBC.</p>
<p>It&#8217;s inconceivable to think that in the GOP primary, candidates won&#8217;t be asked for their position on Bernanke, quantitative easing, the role of the dollar, and of all the candidates, only Ron Paul has made&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-20235" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" title="Ron Paul" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/01/478px-Ron_Paul_official_Congressional_photo_portrait_2007-239x300.jpg" alt="Ron Paul" width="215" height="270" />Will Ron Paul be a serious presidential contender for the 2012 election? Joe Weisenthal writes for <a href="http://www.businessinsider.com/ron-paul-presidential-candidacy-2011-4">Business Insider</a>:</p>
<blockquote><p>It&#8217;s just obvious that in the last four years, since the last time Ron Paul ran for President, the ideological center of gravity in the GOP &#8212; and the whole country for that matter &#8212; has shifted a lot closer to Ron Paul&#8217;s position.</p>
<p>In 2008, Paul ran a cult campaign as a libertarian, anti-Fed, anti-war Republican.</p>
<p>At the time, nobody in the GOP really cared about the Fed, and for the most part, Bush&#8217;s wars enjoyed broad support.</p>
<p>Today they&#8217;re Obama&#8217;s wars, and the Fed is one of the most disliked institutions around, taking daily abuse even from mainstream outlets like CNBC.</p>
<p>It&#8217;s inconceivable to think that in the GOP primary, candidates won&#8217;t be asked for their position on Bernanke, quantitative easing, the role of the dollar, and of all the candidates, only Ron Paul has made a career on all these issues. In fact, after decades fighting his fight, he must be somewhat shocked that in just the last few years, his ideology has become so popular (or maybe he&#8217;s shocked that it took so long).</p>
<p>In 2008, the GOP primary was dominated by Serious candidates like Mitt Romney and John McCain and Fred Thompson and even Rudy Giuliani. They were content to basically ignore what Ron Paul had to say. This time, they&#8217;ll be fighting on his turf.</p></blockquote>
<p>For more information, see <a href="http://www.businessinsider.com/ron-paul-presidential-candidacy-2011-4">original article</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/05/why-the-ron-paul-presidential-run-will-be-a-much-bigger-deal-this-time-around/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>Federal Reserve Chairman Ben Bernanke Holds First Fed Press Conference in History</title>
		<link>http://www.disinfo.com/2011/04/federal-reserve-chairman-ben-bernanke-holds-first-fed-press-conference-in-history/</link>
		<comments>http://www.disinfo.com/2011/04/federal-reserve-chairman-ben-bernanke-holds-first-fed-press-conference-in-history/#comments</comments>
		<pubDate>Thu, 28 Apr 2011 07:19:24 +0000</pubDate>
		<dc:creator>Join Or DIE</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Media Fail]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=52487</guid>
		<description><![CDATA[<p><a rel="attachment wp-att-52488" href="http://www.disinfo.com/2011/04/federal-reserve-chairman-ben-bernanke-holds-first-fed-press-conference-in-history/fedben/"><img class="alignright size-full wp-image-52488" style="margin-left: 20px; margin-bottom: 10px;" title="Fed Ben" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/04/FedBen.jpg" alt="Fed Ben" width="242" height="201" /></a>Interesting timing, wouldn&#8217;t you say? Dan Arnall reports on <a href="http://abcnews.go.com/Politics/federal-reserve-chairman-ben-bernanke-holds-press-conference/story?id=13462904">ABC News</a>:</p>
<blockquote><p>Westminster Abbey and the Royal Wedding are so overhyped; the historic story of the week will take place on C Street in Washington, D.C. [on April 27th, the same day the media was hell-bent in discussion of Obama's birth certificate]</p>
<p>At 2:15 p.m. ET [on April 27th], Ben Bernanke, chairman of the Federal Reserve, will make waves in the world of economists and Wall Streeters. For the first time in the 98-year history of the nation&#8217;s central bank, the chairman will talk to the press after an interest rate decision, fulfilling a promise he made at his first confirmation hearing back in 2005.</p>
<p>At the time he said, &#8220;Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the financial markets, a trend that I strongly support.&#8221;</p>
<p>Most Fed watchers don&#8217;t expect Bernanke to make any surprising observations about the&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-52488" href="http://www.disinfo.com/2011/04/federal-reserve-chairman-ben-bernanke-holds-first-fed-press-conference-in-history/fedben/"><img class="alignright size-full wp-image-52488" style="margin-left: 20px; margin-bottom: 10px;" title="Fed Ben" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/04/FedBen.jpg" alt="Fed Ben" width="242" height="201" /></a>Interesting timing, wouldn&#8217;t you say? Dan Arnall reports on <a href="http://abcnews.go.com/Politics/federal-reserve-chairman-ben-bernanke-holds-press-conference/story?id=13462904">ABC News</a>:</p>
<blockquote><p>Westminster Abbey and the Royal Wedding are so overhyped; the historic story of the week will take place on C Street in Washington, D.C. [on April 27th, the same day the media was hell-bent in discussion of Obama's birth certificate]</p>
<p>At 2:15 p.m. ET [on April 27th], Ben Bernanke, chairman of the Federal Reserve, will make waves in the world of economists and Wall Streeters. For the first time in the 98-year history of the nation&#8217;s central bank, the chairman will talk to the press after an interest rate decision, fulfilling a promise he made at his first confirmation hearing back in 2005.</p>
<p>At the time he said, &#8220;Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the financial markets, a trend that I strongly support.&#8221;</p>
<p>Most Fed watchers don&#8217;t expect Bernanke to make any surprising observations about the economy. The Fed almost certainly won&#8217;t ratchet up interest rates or change the course of the widely-known QE2 program to boost economic recovery. Instead, Bernanke will likely take the podium to reinforce the post-meeting statement issued earlier in the afternoon and underline the observations the Federal Reserve&#8217;s staff economists make in their updated forecast issued as a part of the release.</p></blockquote>
<p>Read More: <a href="http://abcnews.go.com/Politics/federal-reserve-chairman-ben-bernanke-holds-press-conference/story?id=13462904">ABC News</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/04/federal-reserve-chairman-ben-bernanke-holds-first-fed-press-conference-in-history/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>How Ayn Rand Tanked The Economy</title>
		<link>http://www.disinfo.com/2011/04/how-ayn-rand-tanked-the-economy/</link>
		<comments>http://www.disinfo.com/2011/04/how-ayn-rand-tanked-the-economy/#comments</comments>
		<pubDate>Mon, 18 Apr 2011 16:27:49 +0000</pubDate>
		<dc:creator>JacobSloan</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Alan Greenspan]]></category>
		<category><![CDATA[Ayn Rand]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Collapse]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Greed]]></category>
		<category><![CDATA[Libertarianism]]></category>
		<category><![CDATA[Morality]]></category>
		<category><![CDATA[Philosophy]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=51708</guid>
		<description><![CDATA[<p><a href="http://www.theawl.com/2011/04/when-alan-met-ayn-atlas-shrugged-and-our-tanked-economy"><img class="alignright size-full wp-image-51709" title="Screen-shot-2011-04-11-at-9.46.35-PM-e1302612380309" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/04/Screen-shot-2011-04-11-at-9.46.35-PM-e1302612380309.jpg" alt="Screen-shot-2011-04-11-at-9.46.35-PM-e1302612380309" width="350" /></a>Ayn Rand was a godawful writer, and in ironic fashion her philosophy failed disastrously in her personal life. Yet decades after her death, her work&#8217;s destructive influence has never been stronger. <a href="http://www.theawl.com/2011/04/when-alan-met-ayn-atlas-shrugged-and-our-tanked-economy">The Awl</a> rips apart the &#8220;Objectivist&#8221; doctrine championed by Rand and one of her most adoring disciples, former Fed chief Alan Greenspan:</p>
<blockquote><p>That pill-popping, boy-crazy nincompoop Ayn Rand has got a lot to answer for. Indeed, it&#8217;s not too much of a stretch to say that we owe at least part of the recent economic crisis to her and her philosophy of Objectivism, since former Fed chief Alan Greenspan was a lifelong disciple of both.</p>
<p>The two first met in the &#8217;50s. Back then, a gang of acolytes, calling themselves the Collective, used to gather at Rand&#8217;s apartment on East 36th Street every Saturday night so they could tell each other how smart they all were. Along came Greenspan one evening, shy&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.theawl.com/2011/04/when-alan-met-ayn-atlas-shrugged-and-our-tanked-economy"><img class="alignright size-full wp-image-51709" title="Screen-shot-2011-04-11-at-9.46.35-PM-e1302612380309" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/04/Screen-shot-2011-04-11-at-9.46.35-PM-e1302612380309.jpg" alt="Screen-shot-2011-04-11-at-9.46.35-PM-e1302612380309" width="350" /></a>Ayn Rand was a godawful writer, and in ironic fashion her philosophy failed disastrously in her personal life. Yet decades after her death, her work&#8217;s destructive influence has never been stronger. <a href="http://www.theawl.com/2011/04/when-alan-met-ayn-atlas-shrugged-and-our-tanked-economy">The Awl</a> rips apart the &#8220;Objectivist&#8221; doctrine championed by Rand and one of her most adoring disciples, former Fed chief Alan Greenspan:</p>
<blockquote><p>That pill-popping, boy-crazy nincompoop Ayn Rand has got a lot to answer for. Indeed, it&#8217;s not too much of a stretch to say that we owe at least part of the recent economic crisis to her and her philosophy of Objectivism, since former Fed chief Alan Greenspan was a lifelong disciple of both.</p>
<p>The two first met in the &#8217;50s. Back then, a gang of acolytes, calling themselves the Collective, used to gather at Rand&#8217;s apartment on East 36th Street every Saturday night so they could tell each other how smart they all were. Along came Greenspan one evening, shy and somber.</p>
<p>It took a while for Greenspan and Rand to warm to one another. She nicknamed him &#8220;the undertaker,&#8221; owing to his dark clothes and mournful air, and he, a self-avowed logical positivist, required a certain amount of wooing on the philosophical side. But in time he became fiercely devoted to Rand, one of her most trusted confidants; he taught her something of the economics she shoehorned into Atlas Shrugged. He wrote for The Objectivist magazine, and stayed a close friend until her death in 1982.</p>
<p>Though the schemes of both these idealists crashed mightily and catastrophically to earth, both steadfastly refused ever to regret or repudiate the follies of Objectivism. The shocking thing is that despite all the evidence—which could not possibly be more damning—many on Wall Street and on the right continue to insist that Ayn Rand is a genius and that Objectivism is the answer to all mankind&#8217;s problems.</p>
<p>If that were so, doesn&#8217;t it stand to reason that the top genius&#8217;s own life would demonstrate at least a few of the benefits of being an Objectivist? Which, sadly, it really, really does not.</p>
<p>Greenspan&#8217;s tenure of nearly two decades as the chairman of the Federal Reserve is the second longest in history. Shouldn&#8217;t he have bestowed on a grateful public a legacy demonstrating the wisdom of Objectivist laissez-faire policies? We know how that turned out, too.</p></blockquote>
<p>Read the rest at <a href="http://www.theawl.com/2011/04/when-alan-met-ayn-atlas-shrugged-and-our-tanked-economy">The Awl</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/04/how-ayn-rand-tanked-the-economy/feed/</wfw:commentRss>
		<slash:comments>54</slash:comments>
		</item>
		<item>
		<title>Foreign Banks Tapped Fed&#8217;s Lifeline Most as Bernanke Kept Borrowers Secret</title>
		<link>http://www.disinfo.com/2011/04/foreign-banks-tapped-feds-lifeline-most-as-bernanke-kept-borrowers-secret/</link>
		<comments>http://www.disinfo.com/2011/04/foreign-banks-tapped-feds-lifeline-most-as-bernanke-kept-borrowers-secret/#comments</comments>
		<pubDate>Fri, 01 Apr 2011 15:38:15 +0000</pubDate>
		<dc:creator>phunkychic666</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Banksters]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Plunder]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=50165</guid>
		<description><![CDATA[<p><img class="alignright" style="margin-left: 20px; margin-bottom: 10px;" title="Ben Bernanke" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2009/12/250px-Ben_Bernanke_official_portrait-239x300.jpg" alt="" width="220" height="275" />Bradley Keoun and Craig Torres writes in <a href="http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html">Bloomberg:</a></p>
<blockquote><p>U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.</p>
<p>Dexia SA (DEXB), based in Brussels and Paris, borrowed as much as $33.5 billion through its New York branch from the Fed’s “discount window” lending program, according to Fed documents released yesterday in response to a Freedom of Information Act request. Dublin-based Depfa Bank Plc, taken over in 2007 by a German real-estate lender later seized by the German government, drew $24.5 billion.</p>
<p>The biggest borrowers from the 97-year-old discount window as the program reached its crisis-era peak were foreign banks, accounting for at least 70 percent of the $110.7 billion borrowed during the week in October 2008 when use of the&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="margin-left: 20px; margin-bottom: 10px;" title="Ben Bernanke" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2009/12/250px-Ben_Bernanke_official_portrait-239x300.jpg" alt="" width="220" height="275" />Bradley Keoun and Craig Torres writes in <a href="http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html">Bloomberg:</a></p>
<blockquote><p>U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.</p>
<p>Dexia SA (DEXB), based in Brussels and Paris, borrowed as much as $33.5 billion through its New York branch from the Fed’s “discount window” lending program, according to Fed documents released yesterday in response to a Freedom of Information Act request. Dublin-based Depfa Bank Plc, taken over in 2007 by a German real-estate lender later seized by the German government, drew $24.5 billion.</p>
<p>The biggest borrowers from the 97-year-old discount window as the program reached its crisis-era peak were foreign banks, accounting for at least 70 percent of the $110.7 billion borrowed during the week in October 2008 when use of the program surged to a record. The disclosures may stoke a reexamination of the risks posed to U.S. taxpayers by the central bank’s role in global financial markets.</p></blockquote>
<p>Read More: <a href="http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html">Bloomberg</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/04/foreign-banks-tapped-feds-lifeline-most-as-bernanke-kept-borrowers-secret/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Liberty Dollar &#8216;Architect&#8217; Convicted Of Conspiracy Against United States</title>
		<link>http://www.disinfo.com/2011/03/liberty-dollar-architect-convicted-of-conspiracy-against-united-states/</link>
		<comments>http://www.disinfo.com/2011/03/liberty-dollar-architect-convicted-of-conspiracy-against-united-states/#comments</comments>
		<pubDate>Tue, 22 Mar 2011 14:54:38 +0000</pubDate>
		<dc:creator>BananaFamine</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Crime]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Liberty Dollar]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Ron Paul]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=49278</guid>
		<description><![CDATA[<img class="size-full wp-image-49320 alignright" style="margin: 10px;" title="ron paul coin" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/03/ron-paul-coin.jpeg" alt="ron paul coin" width="250" height="250" />

The <a href="http://www.courierpress.com/news/2011/mar/19/local-liberty-dollar-architect-found-guilty/?print=1">Courier Press</a> reports:
<blockquote>The former head of an Evansville-based company that tried to introduce a currency that competed with the U.S. dollar has been found guilty of federal charges in North Carolina.

Bernard von NotHaus, 67, was convicted Friday by a federal jury of making, possessing and selling his own coins, said Anne M. Tompkins, U.S. attorney for the Western District of North Carolina.

After an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and "monetary architect" of a currency known as the Liberty Dollar, was found guilty of making coins resembling and similar to United States coins; of issuing, passing, selling and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy...]]></description>
			<content:encoded><![CDATA[<p><img class="size-full wp-image-49320 alignright" style="margin: 10px;" title="ron paul coin" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/03/ron-paul-coin.jpeg" alt="ron paul coin" width="250" height="250" /></p>
<p>The <a href="http://www.courierpress.com/news/2011/mar/19/local-liberty-dollar-architect-found-guilty/?print=1">Courier Press</a> reports:</p>
<blockquote><p>The former head of an Evansville-based company that tried to introduce a currency that competed with the U.S. dollar has been found guilty of federal charges in North Carolina.</p>
<p>Bernard von NotHaus, 67, was convicted Friday by a federal jury of making, possessing and selling his own coins, said Anne M. Tompkins, U.S. attorney for the Western District of North Carolina.</p>
<p>After an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and &#8220;monetary architect&#8221; of a currency known as the Liberty Dollar, was found guilty of making coins resembling and similar to United States coins; of issuing, passing, selling and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy against the United States&#8230;</p></blockquote>
<p>For more information, see <a href="http://www.courierpress.com/news/2011/mar/19/local-liberty-dollar-architect-found-guilty/?print=1">original article</a>.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/03/liberty-dollar-architect-convicted-of-conspiracy-against-united-states/feed/</wfw:commentRss>
		<slash:comments>18</slash:comments>
		</item>
		<item>
		<title>Is The New &#8216;Normal&#8217; Unemployment Rate Above 5%?</title>
		<link>http://www.disinfo.com/2011/02/is-the-new-normal-unemployment-rate-above-5/</link>
		<comments>http://www.disinfo.com/2011/02/is-the-new-normal-unemployment-rate-above-5/#comments</comments>
		<pubDate>Mon, 14 Feb 2011 22:02:14 +0000</pubDate>
		<dc:creator>Cocomaan</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Unemployment]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=46377</guid>
		<description><![CDATA[<p><a title="By Guillaume Paumier (Own work) [CC-BY-SA-3.0 (www.creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons" href="http://commons.wikimedia.org/wiki/File:Unemployed_Man_-_Exhibitor_at_APExpo_2010_012.jpg"><img class="alignright" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" src="http://upload.wikimedia.org/wikipedia/commons/thumb/4/45/Unemployed_Man_-_Exhibitor_at_APExpo_2010_012.jpg/256px-Unemployed_Man_-_Exhibitor_at_APExpo_2010_012.jpg" alt="Unemployed Man - Exhibitor at APExpo 2010 012" width="205" height="309" /></a>The Federal Reserve Bank of San Francisco, in its <a href="http://www.frbsf.org/publications/economics/letter/2011/el2011-05.html">Economic Letter</a> entitled &#8220;What Is the New Normal Unemployment Rate?&#8221; states:</p>
<blockquote><p>&#8220;Recent labor markets developments, including mismatches in the skills of workers and jobs, extended unemployment benefits, and very high rates of long-term joblessness, may be impeding the return to &#8220;normal&#8221; unemployment rates of around 5%. An examination of alternative measures of labor market conditions suggests that the &#8220;normal&#8221; unemployment rate may have risen as much as 1.7 percentage points to about 6.7%, although much of this increase is likely to prove temporary. Even with such an increase, sizable labor market slack is expected to persist for years.&#8221;</p></blockquote>
<p>Their conclusion? &#8220;As the recovery proceeds, we should develop a clearer picture of the new normal rate of unemployment.&#8221;</p>
<p>The question becomes, what happens to that &#8216;extra&#8217; 1.7% of US population? Are they unjustifiably unemployed, if we assume that 5% is truly normal for a super-rich society&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p><a title="By Guillaume Paumier (Own work) [CC-BY-SA-3.0 (www.creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons" href="http://commons.wikimedia.org/wiki/File:Unemployed_Man_-_Exhibitor_at_APExpo_2010_012.jpg"><img class="alignright" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" src="http://upload.wikimedia.org/wikipedia/commons/thumb/4/45/Unemployed_Man_-_Exhibitor_at_APExpo_2010_012.jpg/256px-Unemployed_Man_-_Exhibitor_at_APExpo_2010_012.jpg" alt="Unemployed Man - Exhibitor at APExpo 2010 012" width="205" height="309" /></a>The Federal Reserve Bank of San Francisco, in its <a href="http://www.frbsf.org/publications/economics/letter/2011/el2011-05.html">Economic Letter</a> entitled &#8220;What Is the New Normal Unemployment Rate?&#8221; states:</p>
<blockquote><p>&#8220;Recent labor markets developments, including mismatches in the skills of workers and jobs, extended unemployment benefits, and very high rates of long-term joblessness, may be impeding the return to &#8220;normal&#8221; unemployment rates of around 5%. An examination of alternative measures of labor market conditions suggests that the &#8220;normal&#8221; unemployment rate may have risen as much as 1.7 percentage points to about 6.7%, although much of this increase is likely to prove temporary. Even with such an increase, sizable labor market slack is expected to persist for years.&#8221;</p></blockquote>
<p>Their conclusion? &#8220;As the recovery proceeds, we should develop a clearer picture of the new normal rate of unemployment.&#8221;</p>
<p>The question becomes, what happens to that &#8216;extra&#8217; 1.7% of US population? Are they unjustifiably unemployed, if we assume that 5% is truly normal for a super-rich society like our own? Or is this just capitalism and tough luck?</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/02/is-the-new-normal-unemployment-rate-above-5/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Cliff Notes To The Financial Crisis Inquiry Commission Report</title>
		<link>http://www.disinfo.com/2011/01/cliff-notes-to-the-financial-crisis-inquiry-commission-report/</link>
		<comments>http://www.disinfo.com/2011/01/cliff-notes-to-the-financial-crisis-inquiry-commission-report/#comments</comments>
		<pubDate>Mon, 31 Jan 2011 00:25:38 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Plunder]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=45285</guid>
		<description><![CDATA[<p>Like most lengthy reports resulting from a governmental commission investigating a past mishap/misdeed, the Financial Crisis Inquiry Commission Report is full of obfuscation. Luckily one of the <em>New York Times</em>&#8216; better business reporters, Gretchen Morgensen, has created what she terms a &#8220;Cliff Notes&#8221; <a href="http://www.nytimes.com/2011/01/30/business/30gret.html">summary</a>:</p>
<blockquote><p>Truly startling revelations were few in the voluminous report, published last Thursday by the Financial Crisis Inquiry Commission on the origins of the financial panic. This is hardly a shock, given the flood-the-zone coverage and analysis of the crisis since it erupted four years ago.</p>
<p><a href="http://www.fcic.gov/report"><img class="alignnone size-full wp-image-45286" title="report" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/01/report.png" alt="report" width="1039" height="361" /></a></p>
<p>Yet the report still makes for compelling reading because so little has changed as a result of the debacle, in both banking and in its regulation. Providing chapter and verse, for example, on the bumbling and siloed management at the nation’s largest banks is enlightening, in that many of these institutions are even bigger than they were before. With too-big-to-fail institutions now larger&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p>Like most lengthy reports resulting from a governmental commission investigating a past mishap/misdeed, the Financial Crisis Inquiry Commission Report is full of obfuscation. Luckily one of the <em>New York Times</em>&#8216; better business reporters, Gretchen Morgensen, has created what she terms a &#8220;Cliff Notes&#8221; <a href="http://www.nytimes.com/2011/01/30/business/30gret.html">summary</a>:</p>
<blockquote><p>Truly startling revelations were few in the voluminous report, published last Thursday by the Financial Crisis Inquiry Commission on the origins of the financial panic. This is hardly a shock, given the flood-the-zone coverage and analysis of the crisis since it erupted four years ago.</p>
<p><a href="http://www.fcic.gov/report"><img class="alignnone size-full wp-image-45286" title="report" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2011/01/report.png" alt="report" width="1039" height="361" /></a></p>
<p>Yet the report still makes for compelling reading because so little has changed as a result of the debacle, in both banking and in its regulation. Providing chapter and verse, for example, on the bumbling and siloed management at the nation’s largest banks is enlightening, in that many of these institutions are even bigger than they were before. With too-big-to-fail institutions now larger than ever, we are almost certain to go through another episode like 2008 in the not-too-distant future.</p>
<p>For those who might find the report’s 633 pages a bit daunting for a weekend read, we offer a Cliffs Notes version.</p>
<p>Let’s begin with the Federal Reserve, the most powerful of financial regulators. The report’s most important public service comes in its recitation of how top Fed officials, both in Washington and in New York, fiddled while the financial system smoldered and then burned. It is disturbing indeed that this institution, defiantly inert and uninterested in reining in the mortgage mania, received even greater regulatory powers under the Dodd-Frank law that was supposed to reform our system.</p>
<p>The report shows how the Fed refused to exert its authority on predatory lending. On Page 94, we learn that from 2000 to 2006, it referred a grand total of three institutions to prosecutors for possible fair-lending violations in mortgages.</p>
<p>The Fed “succumbed to the climate of the times,” its general counsel, Scott G. Alvarez, told commission investigators. It is hard for a supervisor to challenge banks when they are highly profitable, other officials said. Richard Spillenkothen, head of supervision at the Fed until 2006, attributed its reluctance to “a desire not to inject an element of contentiousness into what was felt to be a constructive or equable relationship with management.”</p>
<p>Is it any shock, then, that neither the Federal Reserve Bank of New York nor the Office of the Comptroller of the Currency, a partner in regulatory inadequacy, saw that the S.S. Citigroup was headed for the shoals? This depressing case is chronicled in depth in the report&#8230;</p></blockquote>
<p>[Continues in the <a href="http://www.nytimes.com/2011/01/30/business/30gret.html">New York Times</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/01/cliff-notes-to-the-financial-crisis-inquiry-commission-report/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Federal Reserve Is Going Broke</title>
		<link>http://www.disinfo.com/2011/01/the-federal-reserve-is-going-broke/</link>
		<comments>http://www.disinfo.com/2011/01/the-federal-reserve-is-going-broke/#comments</comments>
		<pubDate>Sat, 15 Jan 2011 14:16:34 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[American Empire]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=44237</guid>
		<description><![CDATA[<p><img class="alignright size-medium wp-image-19102" style="margin-left: 20px; margin-bottom: 10px;" title="Seal of Federal Reserve System" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/01/FederalReserveSystem-300x300.jpg" alt="Seal of Federal Reserve System" width="240" height="240" />Everyone&#8217;s favorite private business pretending to be a government agency by using &#8220;Federal&#8221; in its name — no not Federal Express, I&#8217;m referring to the Federal Reserve — may be on its way to going broke according to economics professor (and consultant to the Minneapolis branch of the Fed) Varadarajan Chari. From <a href="http://www.reuters.com/article/idUSTRE7096FE20110111">Reuters</a>:</p>
<blockquote><p>The U.S. Federal Reserve&#8217;s journey to the outer limits of monetary policy is raising concerns about how hard it will be to withdraw trillions of dollars in stimulus from the banking system when the time is right.</p>
<p>While that day seems distant now, some economists and market analysts have even begun pondering the unthinkable: could the vaunted Fed, the world&#8217;s most powerful central bank, become insolvent?</p>
<p>Almost by definition, the answer is no.</p>
<p>As the monetary authority, the central bank is the master of the printing press. It can literally conjure up money at will, and arguably did exactly that when&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-19102" style="margin-left: 20px; margin-bottom: 10px;" title="Seal of Federal Reserve System" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/01/FederalReserveSystem-300x300.jpg" alt="Seal of Federal Reserve System" width="240" height="240" />Everyone&#8217;s favorite private business pretending to be a government agency by using &#8220;Federal&#8221; in its name — no not Federal Express, I&#8217;m referring to the Federal Reserve — may be on its way to going broke according to economics professor (and consultant to the Minneapolis branch of the Fed) Varadarajan Chari. From <a href="http://www.reuters.com/article/idUSTRE7096FE20110111">Reuters</a>:</p>
<blockquote><p>The U.S. Federal Reserve&#8217;s journey to the outer limits of monetary policy is raising concerns about how hard it will be to withdraw trillions of dollars in stimulus from the banking system when the time is right.</p>
<p>While that day seems distant now, some economists and market analysts have even begun pondering the unthinkable: could the vaunted Fed, the world&#8217;s most powerful central bank, become insolvent?</p>
<p>Almost by definition, the answer is no.</p>
<p>As the monetary authority, the central bank is the master of the printing press. It can literally conjure up money at will, and arguably did exactly that when it bought about $2 trillion of mortgage-backed securities and U.S. Treasuries to push down borrowing costs and boost the economy.</p>
<p>The Fed&#8217;s unorthodox steps helped it generate record profits in 2010, allowing it to send $78.4 billion to the U.S. Treasury Department. But its swollen balance sheet leaves the central bank unusually exposed to possible credit losses that could create a major headache at a time of increasing political encroachment on the Fed&#8217;s independence&#8230;</p></blockquote>
<p>[continues at <a href="http://www.reuters.com/article/idUSTRE7096FE20110111">Reuters</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/01/the-federal-reserve-is-going-broke/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>The American Dream: The Greatest Theft In Human History</title>
		<link>http://www.disinfo.com/2011/01/the-american-dream-the-greatest-theft-in-human-history/</link>
		<comments>http://www.disinfo.com/2011/01/the-american-dream-the-greatest-theft-in-human-history/#comments</comments>
		<pubDate>Fri, 07 Jan 2011 15:14:28 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[American Dream]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Plunder]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=43819</guid>
		<description><![CDATA[For anyone still wondering why it is that fat cat bankers are buying up the country while the rest of us are complaining that "the rent's too damn high," filmmakers Tad Lumpkin and Harold Uhl spell it out in a fantastic thirty minute animated documentary film, <a href="http://www.theamericandreamfilm.com/"><em>The American Dream</em></a>. Well worth your time watching - Parts 1 and 2 are below:

<object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/ExBE651_vOY?fs=1&#38;hl=en_US&#38;color1=0x5d1719&#38;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/ExBE651_vOY?fs=1&#38;hl=en_US&#38;color1=0x5d1719&#38;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object>]]></description>
			<content:encoded><![CDATA[<p>For anyone still wondering why it is that fat cat bankers are buying up the country while the rest of us are complaining that &#8220;the rent&#8217;s too damn high,&#8221; filmmakers Tad Lumpkin and Harold Uhl spell it out in a fantastic thirty minute animated documentary film, <a href="http://www.theamericandreamfilm.com/"><em>The American Dream</em></a>. Well worth your time watching &#8211; Parts 1 and 2 are below:</p>
<p><object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/ExBE651_vOY?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/ExBE651_vOY?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object></p>
<p><object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/kx7HDTDDopA?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/kx7HDTDDopA?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object></p>
<p>The official description of the film:</p>
<blockquote><p>The AMERICAN DREAM is a 30 minute animated film that shows you how you&#8217;ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away. Do you know how your money is created? Or how banking works? Why did housing prices skyrocket and then plunge? Do you really know what the Federal Reserve System is and how it affects you every single day? THE AMERICAN DREAM takes an entertaining but hard hitting look at how the problems we have today are nothing new, and why leaders throughout our history have warned us and fought against the current type of financial system we have in America today. You will be challenged to investigate some very entrenched and powerful institutions in this nation, and hopefully encouraged to help get our nation back on track.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2011/01/the-american-dream-the-greatest-theft-in-human-history/feed/</wfw:commentRss>
		<slash:comments>16</slash:comments>
		</item>
		<item>
		<title>Ron Paul Now Overseeing The Federal Reserve</title>
		<link>http://www.disinfo.com/2010/12/ron-paul-now-overseeing-the-federal-reserve/</link>
		<comments>http://www.disinfo.com/2010/12/ron-paul-now-overseeing-the-federal-reserve/#comments</comments>
		<pubDate>Fri, 10 Dec 2010 14:54:12 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=42057</guid>
		<description><![CDATA[Congressman Ron Paul has long been pressing the campaign to abolish privately-owned U.S. central bank, the Federal Reserve. Now he's heading a subcommittee of the House Financial Services committee that actually oversees the Fed. Here's hoping for some fireworks (what's the expression - fox in charge of the chicken coop?) He talks about it about 3:23 into the Fox News clip below. Added bonus towards the end of the clip: Congressman Paul discusses some of his colleagues' attempts to restrict free speech (read WikiLeaks) on the Internet.

<iframe title="YouTube video player" class="youtube-player" type="text/html" width="640" height="510" src="http://www.youtube.com/embed/bk3sSK5RWpc" frameborder="0"></iframe>]]></description>
			<content:encoded><![CDATA[<p>Congressman Ron Paul has long been pressing the campaign to abolish privately-owned U.S. central bank, the Federal Reserve. Now he&#8217;s heading a subcommittee of the House Financial Services committee that actually oversees the Fed. Here&#8217;s hoping for some fireworks (what&#8217;s the expression &#8211; fox in charge of the chicken coop?) He talks about it about 3:23 into the Fox News clip below. Added bonus towards the end of the clip: Congressman Paul discusses some of his colleagues&#8217; attempts to restrict free speech (read WikiLeaks) on the Internet.</p>
<p><iframe title="YouTube video player" class="youtube-player" type="text/html" width="640" height="510" src="http://www.youtube.com/embed/bk3sSK5RWpc" frameborder="0"></iframe></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/12/ron-paul-now-overseeing-the-federal-reserve/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The U.S. Government Can&#8217;t Print Money Properly</title>
		<link>http://www.disinfo.com/2010/12/the-u-s-government-cant-print-money-properly/</link>
		<comments>http://www.disinfo.com/2010/12/the-u-s-government-cant-print-money-properly/#comments</comments>
		<pubDate>Fri, 10 Dec 2010 06:14:15 +0000</pubDate>
		<dc:creator>Join Or DIE</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[WTF]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=42034</guid>
		<description><![CDATA[<a rel="attachment wp-att-42035" href="http://www.disinfo.com/2010/12/the-u-s-government-cant-print-money-properly/money-expo/"><img class="alignright size-full wp-image-42035" style="margin-left: 20px; margin-bottom: 10px;" title="Money Misprint" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/12/MoneyMisprint.jpg" alt="Money Misprint" width="269" height="197" /></a>Sounds weird given the Fed's policies over the last decades, but read on. (Only in America.) Zachary Roth writes on <a href="http://news.yahoo.com/s/yblog_thelookout/20101206/us_yblog_thelookout/government-cant-print-money-properly">Yahoo News</a>:
<blockquote>As a metaphor for our troubled economic and financial era — and the government's stumbling response — this one's hard to beat. You can't stimulate the economy via the money supply, after all, if you can't print the money correctly.

Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them — more than 10 percent of all existing U.S. cash — in a vault in Fort Worth, Texas, reports CNBC.

"There is something drastically wrong here," one source told CNBC. "The frustration level is off the charts."</blockquote>]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-42035" href="http://www.disinfo.com/2010/12/the-u-s-government-cant-print-money-properly/money-expo/"><img class="alignright size-full wp-image-42035" style="margin-left: 20px; margin-bottom: 10px;" title="Money Misprint" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/12/MoneyMisprint.jpg" alt="Money Misprint" width="269" height="197" /></a>Sounds weird given the Fed&#8217;s policies over the last decades, but read on. (Only in America.) Zachary Roth writes on <a href="http://news.yahoo.com/s/yblog_thelookout/20101206/us_yblog_thelookout/government-cant-print-money-properly">Yahoo News</a>:</p>
<blockquote><p>As a metaphor for our troubled economic and financial era — and the government&#8217;s stumbling response — this one&#8217;s hard to beat. You can&#8217;t stimulate the economy via the money supply, after all, if you can&#8217;t print the money correctly.</p>
<p>Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them — more than 10 percent of all existing U.S. cash — in a vault in Fort Worth, Texas, reports CNBC.</p>
<p>&#8220;There is something drastically wrong here,&#8221; one source told CNBC. &#8220;The frustration level is off the charts.&#8221;</p></blockquote>
<p>Read More on <a href="http://news.yahoo.com/s/yblog_thelookout/20101206/us_yblog_thelookout/government-cant-print-money-properly">Yahoo News</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/12/the-u-s-government-cant-print-money-properly/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Fed Bailed Out McDonalds &amp; GE &#8211; With Your Money</title>
		<link>http://www.disinfo.com/2010/12/fed-bailed-out-mcdonalds-ge-with-your-money/</link>
		<comments>http://www.disinfo.com/2010/12/fed-bailed-out-mcdonalds-ge-with-your-money/#comments</comments>
		<pubDate>Mon, 06 Dec 2010 19:54:14 +0000</pubDate>
		<dc:creator>Aaron Dames</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Plunder]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=41651</guid>
		<description><![CDATA[<p><img class="alignright size-thumbnail wp-image-23946" title="McDonald's logo" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/03/300px-McDonalds_Golden_Arches.svg-150x150.png" alt="McDonald's logo" width="150" height="150" /><em><span><img class="alignright size-thumbnail wp-image-27607" title="General Electric" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/04/GE-150x150.jpg" alt="General Electric" width="150" height="150" />Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself.</span></em> &#8212; Mark Twain</p>
<p>Craig Torres and Scot Lanman writing for <a href="http://www.bloomberg.com/news/2010-12-01/fed-crisis-borrowers-ranged-from-bank-of-america-to-mcdonald-s.html">Bloomberg</a>:</p>
<blockquote><p>The Federal Reserve’s emergency lending during the financial crisis spanned the global economy, from the largest U.S. financial firms to community banks, hedge funds and a fast-food company.</p>
<p>The Fed, in compliance with orders from Congress, today named recipients of $3.3 trillion in emergency aid. Among them were U.S. branches of overseas banks, including Switzerland’s UBS AG; corporations such as General Electric Co. and McDonald’s Corp.; and investors like Pacific Investment Management Co. and computer executive <a title="Search News" href="http://search.bloomberg.com/search?q=Michael%20Dell&#38;site=wnews&#38;client=wnews&#38;proxystylesheet=wnews&#38;output=xml_no_dtd&#38;ie=UTF-8&#38;oe=UTF-8&#38;filter=p&#38;getfields=wnnis&#38;sort=date:D:S:d1&#38;partialfields=-wnnis:NOAVSYND&#38;lr=-lang_ja">Michael Dell</a>.</p>
<p>Lawmakers demanded disclosure, over the Fed’s initial objections, as U.S. central bankers pushed beyond their traditional role of backstopping banks to stem the worst financial panic since the Great Depression. The Fed posted the data on its <a title="Open Web Site" rel="external" href="http://www.federalreserve.gov/newsevents/reform_transaction.htm">website</a> to comply with a provision in July’s Dodd- Frank law overhauling financial&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-thumbnail wp-image-23946" title="McDonald's logo" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/03/300px-McDonalds_Golden_Arches.svg-150x150.png" alt="McDonald's logo" width="150" height="150" /><em><span><img class="alignright size-thumbnail wp-image-27607" title="General Electric" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/04/GE-150x150.jpg" alt="General Electric" width="150" height="150" />Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself.</span></em> &#8212; Mark Twain</p>
<p>Craig Torres and Scot Lanman writing for <a href="http://www.bloomberg.com/news/2010-12-01/fed-crisis-borrowers-ranged-from-bank-of-america-to-mcdonald-s.html">Bloomberg</a>:</p>
<blockquote><p>The Federal Reserve’s emergency lending during the financial crisis spanned the global economy, from the largest U.S. financial firms to community banks, hedge funds and a fast-food company.</p>
<p>The Fed, in compliance with orders from Congress, today named recipients of $3.3 trillion in emergency aid. Among them were U.S. branches of overseas banks, including Switzerland’s UBS AG; corporations such as General Electric Co. and McDonald’s Corp.; and investors like Pacific Investment Management Co. and computer executive <a title="Search News" href="http://search.bloomberg.com/search?q=Michael%20Dell&amp;site=wnews&amp;client=wnews&amp;proxystylesheet=wnews&amp;output=xml_no_dtd&amp;ie=UTF-8&amp;oe=UTF-8&amp;filter=p&amp;getfields=wnnis&amp;sort=date:D:S:d1&amp;partialfields=-wnnis:NOAVSYND&amp;lr=-lang_ja">Michael Dell</a>.</p>
<p>Lawmakers demanded disclosure, over the Fed’s initial objections, as U.S. central bankers pushed beyond their traditional role of backstopping banks to stem the worst financial panic since the Great Depression. The Fed posted the data on its <a title="Open Web Site" rel="external" href="http://www.federalreserve.gov/newsevents/reform_transaction.htm">website</a> to comply with a provision in July’s Dodd- Frank law overhauling financial regulation.</p>
<p>“Perhaps most surprising is the huge sum that went to bail out foreign private banks and corporations,” Senator <a title="Search News" href="http://search.bloomberg.com/search?q=Bernard%20Sanders&amp;site=wnews&amp;client=wnews&amp;proxystylesheet=wnews&amp;output=xml_no_dtd&amp;ie=UTF-8&amp;oe=UTF-8&amp;filter=p&amp;getfields=wnnis&amp;sort=date:D:S:d1&amp;partialfields=-wnnis:NOAVSYND&amp;lr=-lang_ja">Bernard Sanders</a>, the Vermont Independent who wrote the provision on Fed disclosure, said in a statement today. “As a result of this disclosure, other members of Congress and I will be taking a very extensive look at all aspects of how the Federal Reserve functions.”&#8230;</p></blockquote>
<p>[continues at <a href="http://www.bloomberg.com/news/2010-12-01/fed-crisis-borrowers-ranged-from-bank-of-america-to-mcdonald-s.html">Bloomberg</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/12/fed-bailed-out-mcdonalds-ge-with-your-money/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Everything You Need To Know About The Federal Reserve And &#8216;Quantitative Easing&#8217;</title>
		<link>http://www.disinfo.com/2010/11/everything-you-need-to-know-about-the-federal-reserve-and-quantitative-easing/</link>
		<comments>http://www.disinfo.com/2010/11/everything-you-need-to-know-about-the-federal-reserve-and-quantitative-easing/#comments</comments>
		<pubDate>Fri, 19 Nov 2010 18:58:15 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Quantitative Easing]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=40733</guid>
		<description><![CDATA[The people at Xtranormal explain "Quantitative Easing," hammering everyone's favorite private bank pretending to be a government agency, the Federal Reserve.

<object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/PTUY16CkS-k?fs=1&#38;hl=en_US&#38;color1=0x5d1719&#38;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/PTUY16CkS-k?fs=1&#38;hl=en_US&#38;color1=0x5d1719&#38;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="505"></embed></object>

More fun with Xtranormal, this time about the Tea Party, <a href="http://www.disinfo.com/2010/11/tea-partier-explains-how-our-freedoms-are-in-jeopardy-animation/">here</a>.]]></description>
			<content:encoded><![CDATA[<p>The people at Xtranormal explain &#8220;Quantitative Easing,&#8221; hammering everyone&#8217;s favorite private bank pretending to be a government agency, the Federal Reserve.</p>
<p><object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/PTUY16CkS-k?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/PTUY16CkS-k?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="505"></embed></object></p>
<p>More fun with Xtranormal, this time about the Tea Party, <a href="http://www.disinfo.com/2010/11/tea-partier-explains-how-our-freedoms-are-in-jeopardy-animation/">here</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/11/everything-you-need-to-know-about-the-federal-reserve-and-quantitative-easing/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Federal Reserve Prints More &#8220;Money&#8221;; Let&#8217;s Return to Scene of the Crime: Jekyll Island</title>
		<link>http://www.disinfo.com/2010/11/federal-reserve-prints-more-money-lets-return-to-scene-of-the-crime-jekyll-island/</link>
		<comments>http://www.disinfo.com/2010/11/federal-reserve-prints-more-money-lets-return-to-scene-of-the-crime-jekyll-island/#comments</comments>
		<pubDate>Fri, 05 Nov 2010 06:43:01 +0000</pubDate>
		<dc:creator>redacted</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Banksters]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Jekyll Island]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=39746</guid>
		<description><![CDATA[<p><a href="http://redactednews.blogspot.com/2010/11/federal-reserve-prints-more-money.html"><img class="size-medium wp-image-39747 alignright" style="margin-left: 20px; margin-bottom: 10px;" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/11/toilet_paper_money-300x239.jpg" alt="Wipe Away that 'Quantitative Easing'" width="300" height="239" /></a><a href="http://mediamonarchy.blogspot.com/2010/11/federal-reserve-printing-more-money.html">Media Monarchy</a> reports:</p>
<blockquote><p>The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.</p>
<p><strong>The decision, which takes the Fed into largely uncharted waters,</strong> is aimed at further lowering borrowing costs for consumers and businesses still suffering in the aftermath of the worst recession since the Great Depression. <em>[Which they engineered. Don't forget that. The FED/Banksters do nothing by accident — that would make me an "accident theorist."]</em></p>
<p>The U.S. central bank said it would buy about $75 billion in longer-term Treasury bonds per month. It said it would regularly review the pace and size of the program and adjust it as needed depending on the path of the recovery. In its post-meeting statement, the Fed described the economy as <strong>&#8220;slow&#8221;,</strong> and said employers remained reluctant to add to payrolls. It&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><a href="http://redactednews.blogspot.com/2010/11/federal-reserve-prints-more-money.html"><img class="size-medium wp-image-39747 alignright" style="margin-left: 20px; margin-bottom: 10px;" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/11/toilet_paper_money-300x239.jpg" alt="Wipe Away that 'Quantitative Easing'" width="300" height="239" /></a><a href="http://mediamonarchy.blogspot.com/2010/11/federal-reserve-printing-more-money.html">Media Monarchy</a> reports:</p>
<blockquote><p>The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.</p>
<p><strong>The decision, which takes the Fed into largely uncharted waters,</strong> is aimed at further lowering borrowing costs for consumers and businesses still suffering in the aftermath of the worst recession since the Great Depression. <em>[Which they engineered. Don't forget that. The FED/Banksters do nothing by accident — that would make me an "accident theorist."]</em></p>
<p>The U.S. central bank said it would buy about $75 billion in longer-term Treasury bonds per month. It said it would regularly review the pace and size of the program and adjust it as needed depending on the path of the recovery. In its post-meeting statement, the Fed described the economy as <strong>&#8220;slow&#8221;,</strong> and said employers remained reluctant to add to payrolls. It said measures of inflation were &#8221;somewhat low.&#8221;</p></blockquote>
<p>Read More on <a href="http://mediamonarchy.blogspot.com/2010/11/federal-reserve-printing-more-money.html">Media Monarchy</a> via <a href="http://redactednews.blogspot.com/2010/11/federal-reserve-prints-more-money.html">[redacted] news</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/11/federal-reserve-prints-more-money-lets-return-to-scene-of-the-crime-jekyll-island/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Coming Soon: A New American Civil War?</title>
		<link>http://www.disinfo.com/2010/10/coming-soon-a-new-american-civil-war/</link>
		<comments>http://www.disinfo.com/2010/10/coming-soon-a-new-american-civil-war/#comments</comments>
		<pubDate>Wed, 20 Oct 2010 14:31:37 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=38507</guid>
		<description><![CDATA[<p><img class="alignright size-medium wp-image-20881" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" title="US-FederalReserveSystem-Seal" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/01/600px-US-FederalReserveSystem-Seal.svg-300x300.png" alt="US-FederalReserveSystem-Seal" width="240" height="240" />It&#8217;s a crazy thought, but Stephen Gandel at <a href="http://curiouscapitalist.blogs.time.com/2010/10/19/will-the-federal-reserves-next-meeting-lead-to-civil-war/">TIME</a> suggests that &#8220;The Creature From Jekyll Island,&#8221; better known to most Americans as our privatized central bank, the &#8220;Federal&#8221; (ain&#8217;t nothing federal about it) Reserve, could trigger a new civil war:</p>
<blockquote><p>What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope.</p>
<p><strong>Try the Federal Reserve. November 3rd</strong> is when the Federal Reserve&#8217;s next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It <strong>could be the most important meeting in Fed history</strong>, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery. To say there has been considerable debate and anxiety among Fed watchers about what the central bank should do would be an understatement. Chairman Ben Bernanke has indicated in recent&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-20881" style="margin-top: 10px; margin-bottom: 10px; margin-left: 20px; margin-right: 20px;" title="US-FederalReserveSystem-Seal" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/01/600px-US-FederalReserveSystem-Seal.svg-300x300.png" alt="US-FederalReserveSystem-Seal" width="240" height="240" />It&#8217;s a crazy thought, but Stephen Gandel at <a href="http://curiouscapitalist.blogs.time.com/2010/10/19/will-the-federal-reserves-next-meeting-lead-to-civil-war/">TIME</a> suggests that &#8220;The Creature From Jekyll Island,&#8221; better known to most Americans as our privatized central bank, the &#8220;Federal&#8221; (ain&#8217;t nothing federal about it) Reserve, could trigger a new civil war:</p>
<blockquote><p>What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope.</p>
<p><strong>Try the Federal Reserve. November 3rd</strong> is when the Federal Reserve&#8217;s next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It <strong>could be the most important meeting in Fed history</strong>, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery. To say there has been considerable debate and anxiety among Fed watchers about what the central bank should do would be an understatement. Chairman Ben Bernanke has indicated in recent speeches that the central bank plans to try to drive down already low-interest rates by buying up long-term bonds. A number of <a href="http://curiouscapitalist.blogs.time.com/2010/09/21/fed-keeps-rates-low-is-bernanke-making-a-dangerous-gamble/" target="_self">people both inside the Fed</a> and out believe this is the wrong move. But <strong>one website </strong><strong>seems to believe that Ben&#8217;s plan might actually lead to armed conflict</strong>. Last week, the blog, <a href="http://www.zerohedge.com/article/bofas-jeffrey-rosenberg-blasts-qe2-says-it-will-lead-bubbles-and-further-confidence-destruct" target="_blank">Zerohedge wrote</a>, paraphrasing a top economic forecaster David Rosenberg, that it believed the Fed&#8217;s plan is not only moronic, but &#8220;positions US society one step closer to civil war if not worse.&#8221; (<strong></strong><a href="http://www.time.com/time/photogallery/0,29307,1947816,00.html" target="_self">See photos inside the world of Ben Bernanke</a>)</p>
<p>I&#8217;m not sure what &#8220;if not worse,&#8221; is supposed to mean. But, with the Tea Party gaining followers, the idea of civil war over economic issues doesn&#8217;t seem that far-fetched these days. And Ron Paul definitely thinks the Fed should be ended. In TIME&#8217;s recently <a href="http://www.time.com/time/nation/article/0,8599,2022516,00.html" target="_self">cover story on the militia movement</a> many said these groups are powder kegs looking for a catalyst. So why not a Fed policy committee meeting&#8230;</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/10/coming-soon-a-new-american-civil-war/feed/</wfw:commentRss>
		<slash:comments>19</slash:comments>
		</item>
		<item>
		<title>Mike Maloney Illuminates the Bankers</title>
		<link>http://www.disinfo.com/2010/10/mike-maloney-illuminates-the-bankers/</link>
		<comments>http://www.disinfo.com/2010/10/mike-maloney-illuminates-the-bankers/#comments</comments>
		<pubDate>Mon, 04 Oct 2010 13:40:05 +0000</pubDate>
		<dc:creator>Aaron Dames</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Collapse]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Mike Maloney]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=37123</guid>
		<description><![CDATA[From <a href="http://goldsilver.com/newsletters/newsID/9144/ref/1">GoldSilver.com</a>.  Great presentation, definitely worth watching:

<object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/uzef43gdupk?fs=1&#38;hl=en_US&#38;color1=0x5d1719&#38;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/uzef43gdupk?fs=1&#38;hl=en_US&#38;color1=0x5d1719&#38;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object>

<blockquote>

<a href="https://wealthcycles.com/">Mike Maloney</a> was recently invited to speak at the 8th International  Banking Forum in Sochi, Russia. The theme was...</blockquote>]]></description>
			<content:encoded><![CDATA[<p>From <a href="http://goldsilver.com/newsletters/newsID/9144/ref/1">GoldSilver.com</a>.  Great presentation, definitely worth watching:</p>
<p><object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/uzef43gdupk?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/uzef43gdupk?fs=1&amp;hl=en_US&amp;color1=0x5d1719&amp;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object></p>
<blockquote>
<p><a href="https://wealthcycles.com/">Mike Maloney</a> was recently invited to speak at the 8th International  Banking Forum in Sochi, Russia. The theme was &#8220;Banks Of Russia &#8211; 21st  Century&#8221;. The purpose of the conference was for bankers from around the  world to meet and discuss the current state of the global economy, the  banking system, and strategies for protecting their personal wealth.</p>
<p>The first morning passed without too much fuss as each speaker gave  an introduction and a brief on his or her area of expertise.  However,  by the end of the day it became obvious that something was definitely  wrong.  After speaking with many of the attendees, Mike was alarmed to  find that practically none of the international bankers understood our  present monetary system. Most had no idea how currency is created!</p>
<p>Here at GoldSilver.com, we have always wondered exactly how well  modern day bankers understand the worldwide predicament that we find  ourselves in. Ladies and gentlemen, our worst fears have been confirmed &#8212; <em>the lights are on, but nobody is home.</em></p></blockquote>
<p>[continues at <a href="http://goldsilver.com/newsletters/newsID/9144/ref/1">GoldSilver.com</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/10/mike-maloney-illuminates-the-bankers/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>MEDIA FAIL: C-SPAN Tries And Fails To Cover Up The Facts Of 9/11</title>
		<link>http://www.disinfo.com/2010/08/media-fail-c-span-tries-and-fails-to-cover-up-the-facts-of-911/</link>
		<comments>http://www.disinfo.com/2010/08/media-fail-c-span-tries-and-fails-to-cover-up-the-facts-of-911/#comments</comments>
		<pubDate>Mon, 09 Aug 2010 11:53:35 +0000</pubDate>
		<dc:creator>Camron Wiltshire</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[9/11]]></category>
		<category><![CDATA[Building 7]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Cover Up]]></category>
		<category><![CDATA[Cspan]]></category>
		<category><![CDATA[Fail]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Media Fail]]></category>
		<category><![CDATA[Nano-Thermite]]></category>
		<category><![CDATA[Operation Northwoods]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=33941</guid>
		<description><![CDATA[You gotta love seeing CIA Disinfo Agents Squirm.

<object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/STvy_AdyfCk&#38;hl=en_US&#38;fs=1?color1=0x5d1719&#38;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/STvy_AdyfCk&#38;hl=en_US&#38;fs=1?color1=0x5d1719&#38;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="505"></embed></object>]]></description>
			<content:encoded><![CDATA[<p>You gotta love seeing CIA Disinfo Agents Squirm.</p>
<p><object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/STvy_AdyfCk&amp;hl=en_US&amp;fs=1?color1=0x5d1719&amp;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/STvy_AdyfCk&amp;hl=en_US&amp;fs=1?color1=0x5d1719&amp;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="505"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/08/media-fail-c-span-tries-and-fails-to-cover-up-the-facts-of-911/feed/</wfw:commentRss>
		<slash:comments>19</slash:comments>
		</item>
		<item>
		<title>Defeating The New World Order and Creating a New Society That Allows Capitalists and Communists to Live Together in Peace After Establishing a New Constitution</title>
		<link>http://www.disinfo.com/2010/07/defeating-the-new-world-order-and-creating-a-new-society-that-allows-capitalists-and-communists-to-live-together-in-peace-after-establishing-a-new-constitution/</link>
		<comments>http://www.disinfo.com/2010/07/defeating-the-new-world-order-and-creating-a-new-society-that-allows-capitalists-and-communists-to-live-together-in-peace-after-establishing-a-new-constitution/#comments</comments>
		<pubDate>Sun, 04 Jul 2010 12:55:17 +0000</pubDate>
		<dc:creator>Roger Copple</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Libertarianism]]></category>
		<category><![CDATA[New World Order]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Society]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=32260</guid>
		<description><![CDATA[<p>The bureaucracy, inefficiency, waste, national debt, loss of states’ rights, erosion of individual rights, my experience in the public schools, and the military interventionism of our government caused me to become a libertarian capitalist, until recently.  In my younger, college days, I was very concerned about poverty and world hunger.  My parents were quite alarmed when I told them I was a democratic socialist.  I also believed that a democratic, world federal government would abolish the foolish wars that result from national rivalry.  My favorite expression was from Karl Marx: “From each according to his ability, to each according to his need.” Years later, my concern about environmental degradation motivated me to attend the first national conference of the Green Movement in 1987. [1] Six people from Indiana attended, and I was one of them.</p>
<p>So whether it is the result of being wishy-washy or seeing the limitations of various political&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p>The bureaucracy, inefficiency, waste, national debt, loss of states’ rights, erosion of individual rights, my experience in the public schools, and the military interventionism of our government caused me to become a libertarian capitalist, until recently.  In my younger, college days, I was very concerned about poverty and world hunger.  My parents were quite alarmed when I told them I was a democratic socialist.  I also believed that a democratic, world federal government would abolish the foolish wars that result from national rivalry.  My favorite expression was from Karl Marx: “From each according to his ability, to each according to his need.” Years later, my concern about environmental degradation motivated me to attend the first national conference of the Green Movement in 1987. [1] Six people from Indiana attended, and I was one of them.</p>
<p>So whether it is the result of being wishy-washy or seeing the limitations of various political ideologies, I can say I have been on both sides of the fence.  The mainstream Republican and Democratic federal legislators have become totally corrupted by corporate lobbyists who finance them and get them reelected.  I have found that various libertarian, socialist, and anarchist websites (outside of the mainstream) provide accurate assessments of today’s political problems, though their proposed solutions are very different from one another.</p>
<p>Capitalists want to remove corruption in government in order to have a true, free market society.  Socialists want to remove corporate corruption to have a society based on democratic socialism.  Anarchists say all forms of government are corrupt and should be eliminated.   Some anarchists favor a free market society without a government; others might favor decentralized, egalitarian communes.</p>
<p>As I see it, the only solution is to create a society in which Libertarians, Socialists, Anarchists, Republicans, and Democrats can all live as they choose in their local communities.  If there are 3,140 counties, and even more cities, in the United States&#8211;why not allow each one to become capitalistic, socialistic, or some mixture of the two, through the majority rule of each locality?  This proposed live-and-let-live society can only exist after establishing a new constitution.</p>
<p>Our founding fathers feared direct or pure democracy.  The word “democracy” is not even found in the Declaration of Independence or the Constitution.  They said our government is a Constitutional Republic that guarantees our inherent individual rights (rights that a mob democracy cannot take away).   Some citizens advocate a strict interpretation of the original Constitution in order to reverse any further onslaughts of collectivism (what they call “socialism”).  Others, more liberal and who like the word “democracy,” believe our Constitution is a “living document” that should change with the times.</p>
<p>It is very difficult to get a single amendment to the Constitution passed, and all previous attempts to have a constitutional convention have failed.  But I believe that vast numbers of people, who are totally alienated by government and civics, might endorse my Third Constitution of the United States after they read and understand it. [2]   The only solution is to create a decentralized society that maximizes both diversity and cooperation.   Neighbors could live with neighbors just like themselves, and each precinct could be like a tribe.  It is for this reason I have written the Third Constitution of the United States (the first constitution was the Articles of Confederation, the second is the one we have now).</p>
<p>I recommend that we maximize local community self-determination, and have a system in which decision-making power moves (from the bottom-up, not from the top-down) from the precinct to the township, from the township to the county, and from the county to the state level, while having the smallest possible federal government.  Each local community could be empowered to decide for itself whether it wants laissez-faire capitalism, socialism, anarchism, communitarianism, or some combination of these.</p>
<p>Independent of government, intentional communities (they are not all hippie communes) can show the world, by example, how people with shared values and a common vision, can live simply in ecologically, self-sufficient, sustainable ways, using consensus decision-making, permaculture landscaping, organic fertilizers, composting, vegetarianism, geodesic domes, and alternative energies (that make it possible to get off the electrical grid).  [3]</p>
<p>Neighborhood block clubs and intentional communities can restore the sense of togetherness that has been lost in our society.   I think there is a deep need in all of us to be tribal, which we could be, in today’s pluralistic, Internet society, without being ethnocentric.</p>
<p>Moreover, the needs of common people, the poor, and minority groups are not being met in our society.  We need more participatory, direct, pure, face-to-face, fully inclusive, and ideally, consensus democracy.  Then when we choose representatives to represent us, we can easily recall or remove them when they stop representing us.</p>
<p>Workplace democracy allows both workers and management to participate in the important decision-making.  Moreover, cities and counties should be able to revoke corporate charters.  Workplace democracy could be guaranteed in private companies when they reach a certain size.</p>
<p>Legislative procedures such as the initiative, referendum, and the recall provide direct democracy to the people.  The Fully Informed Jury Act (or jury nullification) also empowers citizens.  It means that the jury has the right to judge the law as well as the facts in a case.</p>
<p>I do not care for corruption and top-down hierarchy in government (especially the hierarchy I found in the public schools).   But I also do not want to work in a tyrannical and hierarchical private corporation, which may be my only choice in a free market (based on competition, scarcity, and profit) as the rich get richer, and the poor, poorer.</p>
<p>We can easily feed and house all the people on the planet in sustainable ways, and it is unconscionable that we don’t.  The Venus Project attempts to create a world without government, laws, lawyers, politicians, advertisers, insurance agents, or the need for prisons.   It claims it would not have any elitist control, social stratification, or even a monetary system.  The Venus Project seems naive and utopian, but if we have a global catastrophe, people might consider it more seriously.  If people are educated and trained properly, we can create a society that is not based primarily on profit, competition, and scarcity.   The American addiction to war, for example, has not resulted from a fixed human nature.</p>
<p>Some anarchists and libertarians even advocate a stateless, free market society, as advocated by some writers at the Lew Rockwell website.  [5] But even if we eliminate a corrupt government altogether, wouldn’t it still be possible for 1% of the population to own 40% of the world’s resources, as it does now?   Such economic disparity creates animosity between the haves and the have-nots of the world, the primary cause of all the world’s problems.</p>
<p>Even if all the third parties united to elect either Ron Paul or Ralph Nader as president in 2012, it would not be a long term solution.  A new constitution for the United States, as I have delineated, is viable, considering the many conflicting values and ideals in our modern society.  The Venus Project would require the cooperation of every nation, and therefore, it is a far-fetched idea right now.</p>
<p>There must be more dialogue among the various third parties and fringe groups. Libertarian Socialists could share the lessons that have been learned from the Spanish Revolution of 1936.  Ron Paul libertarians could tell about the dangers of fractional reserve banking. [6]   And let us not forget that during the 2008 presidential race, third party candidates&#8211;Ron Paul, Ralph Nader, Cynthia McKinney, and Chuck Baldwin&#8211;agreed to Four Points of Unity. [7]   Both libertarians and socialists oppose an interventionist foreign policy.  If all the third parties agreed on a new constitution, the two party monopoly of Republicans and Democrats could be abolished forever.</p>
<p>Thomas Jefferson said every new generation should create its own constitution. [8]   I agree.  Vastly different third parties could endorse my constitution merely as a way to subvert the current system.  And since my constitution totally levels the playing field, time will prove which type of community government (or lack of government) proves to be most successful in the future, once the elements of corruption are drastically reduced.</p>
<p>Our mainstream television media is owned by about six big corporations.  Think of the mainstream media as an arm of the government and the industrial-military complex, and maybe the pharmaceutical industry as well.  It is all about “perception management.”   When you see animated political debates on Fox News, CNN, or others, do not expect to hear any radical opinions from Noam Chomsky or from Michael Parenti, a thought-provoking socialist.  In the eyes of our corporate media masters, these people have dangerous ideas not fit for public consumption.</p>
<p>Professor and Theologian David Ray Griffin has done incredible research into 9/11.  Don’t expect the major media to allow him to talk about Building 7, which was not even hit by an airplane, and yet it collapsed into its footprints at the speed of gravity!  I dare you to read Internet articles or watch Youtube video lectures by David Ray Griffin, the foremost authority on 9/11. [9]</p>
<p>Did you know when the Republican and Democratic National Parties had their televised presidential debates in 2008 that they agreed to not include independent presidential candidate Ralph Nader once again?  That is “democracy” at work in our “free” country.  If corporate-owned politicians become successful in restricting Internet websites (the ones they consider dangerous), we are in big trouble.</p>
<p>The wealthiest people (many of them are international bankers) and the most powerful organizations (such as military defense contractors and pharmaceutical companies) finance both of the major two parties and incumbent federal legislators.  The bailouts, which started with Bush, were for the very companies who profited from us and hurt us the most.  Under Obama, Homeland Security and foreign policy are still pretty much the same.  I say, keep the so-called “change.”  Why is no one in government concerned or doing anything about our enormous national debt?</p>
<p>Murray Rothbard has shown how the national debt could be repudiated by giving away government assets. [10]   If the Federal Reserve keeps printing money out of thin air, we eventually will be paying just for the interest on the debt, not for government programs.</p>
<p>We truly need real change soon, but it is a change the Democrats and Republicans, the two factions of essentially just one party, are not capable of providing.  For now on if I vote, it will be for a third party candidate.  Voting for the lesser of two evils is not a wise approach.  When we vote for a third party, we publicly register our dissent, which lawmakers and other citizens need to see.  Of course, all of this is true as long as the electronic ballots are not tampered.</p>
<p>Many people believe our country was actually hijacked starting with the Kennedy assassination.  The Central Intelligence Agency (CIA) has long been involved in the drug trade, which is how it gets money to do illegal operations that it does not want the American people or lawmakers to know about (it is like a government within a government).  Essentially it is all about controlling the Middle East and the whole world for that matter to increase the profits of transnational (or mega-) corporations, many of which are more powerful than entire countries.</p>
<p>It is unethical that our CIA covertly interferes in the affairs of democratically elected, sovereign countries by financing corrupt opponents, providing disinformation and smear campaigns, arming paramilitary counter-forces, and sometimes overtly sending in American troops, when the above measures do not work.   We are told that various terrorists hate us because of our democratic freedoms.  The truth is they hate us because of our policies, our actions toward them, actions about which the American people, living inside a matrix, are utterly clueless.</p>
<p>The hemp plant, which marijuana comes from, just happens to be the most versatile plant on the Earth, the very best source for rope and paper and over 50,000 other household uses such as nylons and plastics.  Marijuana is the best treatment for glaucoma.  When the hemp plant is grown for food, its seeds have the highest number of amino-acid proteins, higher than any other plant.  Birds will always choose hemp seeds over any other type of seed.  Hemp could also be an excellent source of biomass energy.  Unlike the growth of corn and cotton, hemp does not need toxic chemicals or a lot of fertilizers to make it grow.  It would truly be a Green alternative.</p>
<p>The real reason it was made illegal in 1937 (through yellow journalism) was that it cut into the profits of the Dupont and Hurst Corporations.  No one has ever died exclusively from long-term marijuana smoking.  Can we say that about the use of alcohol, tobacco, aspirin, and many other legal drugs? The original Declaration of Independence and the Constitution were printed on hemp paper!   And several of our founding fathers grew it.  Much more could be said.  [11]</p>
<p>Don’t expect high school students in our public schools to read The People’s History of the United States by Howard Zinn.  Public schools are government schools.  How honest and critical can teachers (and history and government textbook publishers) be when their livelihoods depend on only sharing innocuous, or noncontroversial, opinions?  I believe that studying the controversial aspects of subjects (like politics, religion, and human sexuality) is what makes them interesting and deeply understandable&#8211;anything less than that is indoctrination.</p>
<p>Now that I am retired from the public schools, I can be more honest.  All the teachers at my elementary school were seemingly in support of allowing cute and colorful wristbands to be sold to students during lunch in order to “support the troops.”  I am not proud of the fact that I did not utter a single word of protest.  I am not against giving gifts to soldiers, but I regret that I did not use the event as a teaching opportunity.</p>
<p>I recommend that we eliminate federal, state, and even township control of our public schools. [12]  Parents could use the money they spend on property taxes (which often goes toward public schools) to hire their own tutors. Let’s find ways to instill a love for learning in parents and teach them parenting skills.  Then more of them can become effective homeschoolers.</p>
<p>I have found that the best way to learn about a topic is to find the very best arguments for and against it.  I was an evangelical Christian, who unconditionally supported Zionism, for most of my life, believing that accepting Jesus was the only way.  But when I looked at agnostic and atheistic websites—some are run by former pastors, Bible scholars, and conservative theologians—it caused me to doubt my faith.  Then when I reread the amazing book Autobiography of a Yogi by Paramahansa Yogananda, which I had explored during my college days, I became interested again in Hinduism, Buddhism, and meditation.</p>
<p>Supposedly, when the spiritual aspirant attains a super-conscious state of awareness (through meditation and loving-kindness or unselfish love) he or she gains insight into previous lifetimes (which, if true, would prove that reincarnation really happens). In Eastern thought, you do not find salvation through accepting certain beliefs by faith.  You only have to believe what you have actually experienced.  But maybe those yogis and zen masters, who claim they have insight into previous lifetimes, have been deceived.   Nevertheless, meditation and hatha yoga postures do have proven health benefits.</p>
<p>I frequently told my son when he was growing up (he is now 24), that even more important than being smart and educated is to love God with all your heart, mind, and soul and to love your neighbor as yourself.  But if all religions are based on fictitious beliefs, sanctioned by governments merely to control the masses, then secular humanism is the most ethical approach.</p>
<p>If the purpose of government schools is to instill the dominant values of society, then students will not be taught to seriously ponder the ideas of some anarchists and communists who argue that all private land ownership is wrong.  Henry George believed there should be a single tax, a tax on the land a person owns.  Ralph Borsodi taught people how to be self-sufficient on a modern homestead.  Families sharing a community land trust could make self-sufficient homesteading part of the school curriculum for their children.</p>
<p>I love the idea of the Core Knowledge Schools (conservatives and fundamentalists like them too), based on the book Cultural Literacy by E.D. Hurst.  Perhaps you have seen their series of books for grades 1-8—for example, What Your Third Grader Needs to Know.  These books teach vitally important information about our culture and others.  They also publish two dictionaries of cultural literacy, one dictionary is for grade school students, the other is for high school.  Requiring students to remember the core knowledge facts for each grade level and the facts in both dictionaries could then be the starting point for more critical thinking and further research.  Some facts and dates are worth memorizing, contrary to popular thinking.</p>
<p>Recently the world was outraged at Israel’s  attack on the flotilla of ships, loaded with supplies, heading for Gaza.  I heard similar opinions when I went to favorite websites such as <a href="http://www.Dprogram.net/">www.Dprogram.net</a> , <a href="http://www.GlobalResearch.ca/">www.GlobalResearch.ca</a> , <a href="http://www.infowars.com/">www.infowars.com</a> or <a href="http://www.BrasscheckTV.com/">www.BrasscheckTV.com</a>.  But when I forced myself to go to <a href="http://www.JewishWorldReview.com/">www.JewishWorldReview.com</a>, which also is in my computer’s Favorites List of websites, I got an entirely different perspective.  The current, ongoing oil disaster in the Gulf is a tragedy that has made many of us feel  helpless, hopeless, and angry .</p>
<p>I have vacillated on the issue of global warming.  I need to study more.  But exploring alternatives to fossil fuels is still important.  I have always thought that organic foods were best.  But now I am finding books and experts on TV who argue that there is no proof that they are better for you.  We should not let the complexity of issues discourage our relentless search for truth.</p>
<p>Many believe there is a New World Order that is emerging that is being influenced by the world’s wealthiest people, especially international bankers.   They are upper-echelon members of elitist groups like the Bilderberg Group, Council on Foreign Relations, Trilateral Commission, who control the Federal Reserve and probably the CIA.  September 11, 2001 has been the justification to expand the stupid wars in Afghanistan and Iraq, the Patriot Act, warrantless spying on Americans, the Real ID, and imprisonment without due process.  Our rights are being taken away under the guise that we need more Homeland Security, more surveillance and monitoring, more presidential Executive Orders, and the proposed Enemy Combatant law.</p>
<p>The neo-conservative, shadow government elites who control our lawmakers, the President, and the corporate-owned, mainstream media, would love for all of us to have a microchip implanted under our skin.  Then if we exercise our Constitutional rights and share opinions that do not harmonize with their sinister designs, they can just label us “political dissidents” or “enemy combatants.”  Then all they have to do is turn off our chip, so that we cannot buy or sell.  We, the outspoken Americans, will be put in prisons like Guantanamo without a public trial when they classify us as the terrorists. This is how things gradually evolved in Hitler’s Germany.  We must always remember that to have “freedom of speech” means we have freedom to engage in unpopular speech.  We can stop the emerging fascist or totalitarian New World Order, but that does not mean we should stop thinking globally, and acting locally.  We have an ethical duty to think about how our private actions affect the whole.</p>
<p>No doubt there are terrorists in the world but the threat has been greatly exaggerated by the mainstream media in league with government officials.   Al-Qaida and Bin Laden were first created and empowered by the CIA back when our government was supporting the Afghanistan “freedom fighters” against the former Soviet Union.  I believe a new, independent investigation into 9/11 (not one done by government insiders) will shed much light on the powers that be.  Not even counting the money our CIA gets illegally, our government spends more on the military than all the governments of the world combined, using money printed out of thin air, which causes inflation ( a hidden tax on everyday people), not to mention annual deficits and a national debt that has skyrocketed out of control.</p>
<p>The real reason our government does not legalize marijuana and other drugs (for adults to consume in the privacy of their own homes)  is  the CIA would not get the enormous profits it gets by keeping such drugs illegal.  Legalizing drugs would make the prices go way down, and that would make drug cartels and the CIA very unhappy.  It was the criminal mobsters who were most upset when the prohibition on alcohol was uplifted.  [13]</p>
<p>Now to keep my argument consistent, you should also study the foreign policy viewpoints of Henry Kissinger and Zbigniew Brzezinski, which I am forcing myself to do.   But right now I say, let us reduce military spending by about 75 percent.  We have American troops and bases in about 130 countries.  Let us find a way to reunite the anti-war, nonviolent, Peace Movement.  It disappeared when the military draft was cancelled after the Vietnam War ended.  If we did these things we would truly feel safer, resting in our beds at night, than we do now.  Our country could have a new image in the world, and Peace on Earth would not be considered pie-in-the-sky.  Our motto can always be:  “Let there be Peace on Earth, and let it begin with me.”  Inner peace is the foundation for world peace.</p>
<p>In the Introduction to my Third Constitution of the United States, I list 45 reasons why we need a new constitution.  The average US citizen would agree with most of my recommendations once they were fully understood.  But considering the vast corruption in our current federal government and the differences in beliefs that have emerged since our Constitution was implemented in 1789, the only solution is to create a new and modernized document.</p>
<p>Let us get libertarians on the right and collectivists from the left to agree on a new constitution.  Then it will be much easier to sell it to the mainstream in the middle.  At the polls, citizens can vote for candidates only if they support the new constitution.</p>
<p>If we sit back and do nothing, the emerging new world order will remake society for us.  We, the average, working citizens can remake it in our own way, if we choose.  But we better act now before it is too late.</p>
<h5>Roger Copple retired this year (May 2010) from teaching third grade in a public school in Indianapolis.  He turned 60 on June 3.  Roger became a libertarian supporting Ron Paul after previously identifying with the Green movement.  Now he is trying to reconcile libertarian, socialist, and anarchist political theories.  He has a Master’s degree in Special Education, and a Bachelor’s in Elementary Education. He can be reached at <a href="mailto:rcopple@comcast.net">rcopple@comcast.net</a>.</h5>
<p>Endnotes</p>
<p>[1]            The 6 day conference was held at Hampshire College, Massachusetts, from July 2-7, 1987.</p>
<p>[2]            To view my Third Constitution and other articles, go to my website:  <a href="http://www.NowSaveTheWorld.com/">www.NowSaveTheWorld.com</a> .</p>
<p>[3]            For information about all types of intentional communities, go to <a href="http://www.ic.org/">www.ic.org</a> or <a href="http://www.thefec.org/">www.thefec.org</a>.</p>
<p>[4]            Go to <a href="http://www.theVenusProject.com/">www.theVenusProject.com</a> or <a href="http://www.theZeitgeistMovement.com/">www.theZeitgeistMovement.com</a> and watch some of their videos or read some of their articles.</p>
<p>[5]            Go to <a href="http://www.LewRockwell.com/">www.LewRockwell.com</a> (anti-state, anti-war, and pro-market) and read articles by Murray Rothbard and Stefan Molyneux.</p>
<p>[6]            For more information about the Federal Reserve, see “G. Edward Griffin”: <a href="http://video.google.com/videoplay?docid=6507136891691870450#docid">http://video.google.com/videoplay?docid=6507136891691870450#docid</a>=-8484911570371055528   or  “The Money Masters”: <a href="http://topdocumentaryfilms.com/the-money-masters/">http://topdocumentaryfilms.com/the-money-masters/</a></p>
<p>[7]            Lew Rockwell,  The Ron Paul Unity Agreement. www.LewRockwell.com : September 10, 2008: <a href="http://www.lewrockwell.com/blog/lewrw/archives/022783.html">http://www.lewrockwell.com/blog/lewrw/archives/022783.html</a></p>
<p>[8]                 September  28, 2008:  <a href="http://www.democraticunderground.com/discuss/duboard.php?az=view_all&amp;address=389x4112936">http://www.democraticunderground.com/discuss/duboard.php?az=view_all&amp;address=389&#215;4112936</a> and <a href="http://www.news.uiuc.edu/news/07/0212constitution.html">http://www.news.uiuc.edu/news/07/0212constitution.html</a></p>
<p>[9]            David Ray Griffin.com:  <a href="http://davidraygriffin.com/">http://davidraygriffin.com</a></p>
<p>[10]            Murray N. Rothbard, Repudiating the National Debt: January 16, 2008: <a href="http://mises.org/article.aspx?Id=1423">http://mises.org/article.aspx?Id=1423</a></p>
<p>[11]            To learn more about hemp, you can go to www.norml.org.  Or see Jack Herer, the foremost  authority on hemp and author of The Emperor Wears No Clothes:   <a href="http://www.jackherer.com/chapters.html">http://www.jackherer.com/chapters.html</a></p>
<p>[12]            For an article I wrote 17 years ago, go to Roger Copple, Neighborhood Control of Public Schools. Synthesis/Regeneration 5 (Winter 1993): <a href="http://www.greens.org/s-r/05/05-25.html">http://www.greens.org/s-r/05/05-25.html</a></p>
<p>[13]            For information about the CIA, do searches on Ray McGovern, a high level retired CIA Officer; historian Chalmers Johnson; Michael C. Ruppert, a former LAPD narcotics investigator; author James Bamford; Terry Reed and John Cummings, authors of the book Compromised: Clinton, Bush, and the CIA; Alfred W. McCoy, author of The Politics of Heroin in Southeast Asia.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/07/defeating-the-new-world-order-and-creating-a-new-society-that-allows-capitalists-and-communists-to-live-together-in-peace-after-establishing-a-new-constitution/feed/</wfw:commentRss>
		<slash:comments>22</slash:comments>
		</item>
		<item>
		<title>Congressman Paul Discusses The Crisis In Greece</title>
		<link>http://www.disinfo.com/2010/05/congressman-paul-discusses-the-crisis-in-greece/</link>
		<comments>http://www.disinfo.com/2010/05/congressman-paul-discusses-the-crisis-in-greece/#comments</comments>
		<pubDate>Wed, 12 May 2010 13:11:20 +0000</pubDate>
		<dc:creator>Aaron Dames</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=29768</guid>
		<description><![CDATA[<span>Congressman Ron Paul discusses the crisis in Greece with Megyn  Kelly, and how it relates to the United States.</span>

<object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/xPMI4hSMygM&#038;hl=en_US&#038;fs=1&#038;color1=0x5d1719&#038;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/xPMI4hSMygM&#038;hl=en_US&#038;fs=1&#038;color1=0x5d1719&#038;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="505"></embed></object>]]></description>
			<content:encoded><![CDATA[<p><span>Congressman Ron Paul discusses the crisis in Greece with Megyn  Kelly, and how it relates to the United States.</span></p>
<p><object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/xPMI4hSMygM&#038;hl=en_US&#038;fs=1&#038;color1=0x5d1719&#038;color2=0xcd311b"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/xPMI4hSMygM&#038;hl=en_US&#038;fs=1&#038;color1=0x5d1719&#038;color2=0xcd311b" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="505"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/05/congressman-paul-discusses-the-crisis-in-greece/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>High Frequency Terrorism: How the Big Banks and Federal Reserve Maintained Their Death Grip Over the United States</title>
		<link>http://www.disinfo.com/2010/05/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states/</link>
		<comments>http://www.disinfo.com/2010/05/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states/#comments</comments>
		<pubDate>Mon, 10 May 2010 15:57:54 +0000</pubDate>
		<dc:creator>majestic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Plunder]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=29587</guid>
		<description><![CDATA[<p><img class="alignright size-medium wp-image-29588" style="margin: 10px 20px;" title="NYSE" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/05/800px-NYSE127-300x225.jpg" alt="NYSE" width="270" height="203" />By David DeGraw &#38; Max Keiser, <a href="http://ampedstatus.com/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states">AmpedStatus Report</a>:</p>
<blockquote><p><em>The following article is the third-part of a six-part report titled: “The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States.”  The <a href="http://ampedstatus.com/the-financial-oligarchy-reigns-democracys-death-spiral-from-greece-to-the-united-states">full report is available here</a>.</em></p>
<p><span style="font-size: small;"><strong><a name="terror">III: Financial Terrorism Operations:  9/29/08 &#38; 5/6/10</a></strong></span></p>
<p>In the aftermath of Goldman Sachs’ public flogging before the world in Congress, and while under investigation, on the very day that Congress was voting on the “break up the too big to fail banks” amendment and cutting behind the scenes deals to gut the audit of the Federal Reserve, the stock market had its greatest sudden drop in history, plummeting 700 points in ten minutes &#8211; shades of September 29, 2008 all over again.</p>
<p>If you recall, back in September ‘08, as Congress was voting down the first bailout, the big banks made the market plunge a record <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/09/29/AR2008092900271.html?nav=rss_email/components" target="_blank">778 points</a> in one day, fear and panic then led Congress&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-29588" style="margin: 10px 20px;" title="NYSE" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/05/800px-NYSE127-300x225.jpg" alt="NYSE" width="270" height="203" />By David DeGraw &amp; Max Keiser, <a href="http://ampedstatus.com/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states">AmpedStatus Report</a>:</p>
<blockquote><p><em>The following article is the third-part of a six-part report titled: “The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States.”  The <a href="http://ampedstatus.com/the-financial-oligarchy-reigns-democracys-death-spiral-from-greece-to-the-united-states">full report is available here</a>.</em></p>
<p><span style="font-size: small;"><strong><a name="terror">III: Financial Terrorism Operations:  9/29/08 &amp; 5/6/10</a></strong></span></p>
<p>In the aftermath of Goldman Sachs’ public flogging before the world in Congress, and while under investigation, on the very day that Congress was voting on the “break up the too big to fail banks” amendment and cutting behind the scenes deals to gut the audit of the Federal Reserve, the stock market had its greatest sudden drop in history, plummeting 700 points in ten minutes &#8211; shades of September 29, 2008 all over again.</p>
<p>If you recall, back in September ‘08, as Congress was voting down the first bailout, the big banks made the market plunge a record <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/09/29/AR2008092900271.html?nav=rss_email/components" target="_blank">778 points</a> in one day, fear and panic then led Congress to pass the bailout.  Trillions of our tax dollars, the money that we desperately need to keep our society functioning over the long run, then went out the window and into the pockets of the very people who caused the crash.</p>
<p>What happened on September 29, 2008 will go down in history as one of the greatest acts of terrorism ever.</p>
<p>9/29/08 proved that when you have so much power concentrated in the hands of a few, you can manipulate a computer algorithm and make the market and economy go which ever way you want it to go.  So on 5/6/10, just as the power of the big banks was threatened again on the floor of the Senate and a deal on auditing the Federal Reserve was being negotiated, in came a sudden and unprecedented ten-minute 700 point market drop.  A precision-guided High Frequency Trading (HFT) attack to show Congress who’s boss.</p>
<p>If you think the massive sudden drop happened because one lowly trader hit one wrong button, if you actually believe that the entire stock market can plunge because of one mistaken key stroke by a low level trader, you are stunningly naïve.  I hate to burst your <em>bubble</em>, but this was a direct attack&#8230;</p></blockquote>
<p>[continues at <a href="http://ampedstatus.com/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states">AmpedStatus Report</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/05/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The New U.S. $100 Bill</title>
		<link>http://www.disinfo.com/2010/04/the-new-u-s-100-bill/</link>
		<comments>http://www.disinfo.com/2010/04/the-new-u-s-100-bill/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 16:58:53 +0000</pubDate>
		<dc:creator>disinfogreg</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Create Your Own Reality]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Magick]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Propaganda]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Treasury]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=27908</guid>
		<description><![CDATA[<p>It&#8217;s both amusing and exasperating to see such great effort to bolster the authenticity of our currency. Especially knowing it holds no &#8220;real&#8221; value to begin with. Here&#8217;s what <a href="http://www.newmoney.gov">newmoney.gov</a> has to say about it:</p>
<p><img class="alignleft size-medium wp-image-27910" style="margin-right: 20px; margin-bottom: 10px; margin-top: 5px;" title="$100" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/04/100-300x235.jpg" alt="$100" width="300" height="235" /></p>
<blockquote><p>Officials from the U.S. Department of the Treasury, the Federal Reserve Board and the United States Secret Service today unveiled the new design for the $100 note. Complete with advanced technology to combat counterfeiting, the new design for the $100 note retains the traditional look of U.S. currency.</p>
<p>“As with previous U.S. currency redesigns, this note incorporates the best technology available to ensure we’re staying ahead of counterfeiters,” said Secretary of the Treasury Tim Geithner.</p>
<p>“When the new design $100 note is issued in TBD, the approximately 6.5 billion old design $100s already in circulation will remain legal tender,” said Chairman of the Federal Reserve Board Ben S. Bernanke. “U.S. currency users should know they will not have to&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s both amusing and exasperating to see such great effort to bolster the authenticity of our currency. Especially knowing it holds no &#8220;real&#8221; value to begin with. Here&#8217;s what <a href="http://www.newmoney.gov">newmoney.gov</a> has to say about it:</p>
<p><img class="alignleft size-medium wp-image-27910" style="margin-right: 20px; margin-bottom: 10px; margin-top: 5px;" title="$100" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/04/100-300x235.jpg" alt="$100" width="300" height="235" /></p>
<blockquote><p>Officials from the U.S. Department of the Treasury, the Federal Reserve Board and the United States Secret Service today unveiled the new design for the $100 note. Complete with advanced technology to combat counterfeiting, the new design for the $100 note retains the traditional look of U.S. currency.</p>
<p>“As with previous U.S. currency redesigns, this note incorporates the best technology available to ensure we’re staying ahead of counterfeiters,” said Secretary of the Treasury Tim Geithner.</p>
<p>“When the new design $100 note is issued in TBD, the approximately 6.5 billion old design $100s already in circulation will remain legal tender,” said Chairman of the Federal Reserve Board Ben S. Bernanke. “U.S. currency users should know they will not have to trade in their old design notes when the new notes begin circulating.”</p>
<p>The redesigned $100 note includes two new advanced counterfeit-deterrent security features, in addition to effective security features from the previous design. The features are easy for consumers and merchants to check when verifying authenticity.</p>
<p>The blue 3-D Security Ribbon on the front of the new $100 note contains images of bells and 100s that move and change from one to the other as you tilt the note. The Bell in the Inkwell on the front of the note is another new security feature. The bell changes color from copper to green when the note is tilted, an effect that makes it seem to appear and disappear within the copper inkwell.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/04/the-new-u-s-100-bill/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>The Keiser Report: Markets! Bubbles! Finance! Scandal! And Dean Baker!</title>
		<link>http://www.disinfo.com/2010/04/keiser-report-markets-finance-scandal-and-dean-baker/</link>
		<comments>http://www.disinfo.com/2010/04/keiser-report-markets-finance-scandal-and-dean-baker/#comments</comments>
		<pubDate>Wed, 14 Apr 2010 05:27:37 +0000</pubDate>
		<dc:creator>Aaron Dames</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Alan Greenspan]]></category>
		<category><![CDATA[Banksters]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Corporation Watch]]></category>
		<category><![CDATA[Dean Baker]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Max Keiser]]></category>
		<category><![CDATA[Plunder]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Stacy Herbert]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=27329</guid>
		<description><![CDATA[The <a href="http://maxkeiser.com/2010/04/13/kr33-keiser-report-markets-finance-scandal-and-dean-baker">Keiser Report on Russia TV</a>:
<blockquote>This is the special Alan Greenspan bubble addition in which Max takes out several props and we talk about the scandals of financial crisis “show trials” in America; Citigroup alleges they could not possibly have predicted the collapse of a very obvious housing bubble; and former Fed Chairman, Alan Greenspan, tells the show trial commissioners that the financial world is far too complex for mere mortals. In the second half of the show, Max talks to economist Dean Baker about Citigroup’s alleged profits:</blockquote>
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="505" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/Vd02Ks-1LmU&#38;hl=en_US&#38;fs=1&#38;color1=0x5d1719&#38;color2=0xcd311b" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="505" src="http://www.youtube.com/v/Vd02Ks-1LmU&#38;hl=en_US&#38;fs=1&#38;color1=0x5d1719&#38;color2=0xcd311b" allowscriptaccess="always" allowfullscreen="true"></embed></object>]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://maxkeiser.com/2010/04/13/kr33-keiser-report-markets-finance-scandal-and-dean-baker">Keiser Report on Russia TV</a>:</p>
<blockquote><p>This is the special Alan Greenspan bubble addition in which Max takes out several props and we talk about the scandals of financial crisis “show trials” in America; Citigroup alleges they could not possibly have predicted the collapse of a very obvious housing bubble; and former Fed Chairman, Alan Greenspan, tells the show trial commissioners that the financial world is far too complex for mere mortals. In the second half of the show, Max talks to economist Dean Baker about Citigroup’s alleged profits:</p></blockquote>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="505" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/Vd02Ks-1LmU&amp;hl=en_US&amp;fs=1&amp;color1=0x5d1719&amp;color2=0xcd311b" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="505" src="http://www.youtube.com/v/Vd02Ks-1LmU&amp;hl=en_US&amp;fs=1&amp;color1=0x5d1719&amp;color2=0xcd311b" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/04/keiser-report-markets-finance-scandal-and-dean-baker/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>2008 Financial Collapse: The Greatest Calamity The World Has Ever Known</title>
		<link>http://www.disinfo.com/2010/03/2008-financial-collapse-the-greatest-calamity-the-world-has-ever-known/</link>
		<comments>http://www.disinfo.com/2010/03/2008-financial-collapse-the-greatest-calamity-the-world-has-ever-known/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 15:14:09 +0000</pubDate>
		<dc:creator>Robert Singer</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Conspiracies]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Global Elite]]></category>
		<category><![CDATA[House of Rothschild]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=24593</guid>
		<description><![CDATA[<p>The year is 2010 and to anyone not in denial, the industrialized nations have entered the greatest calamity the world has ever known:</p>
<ul>
<li>35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (<a href="http://www.mybudget360.com/the-financial-battle-for-the-middle-class-%E2%80%93-underemployment-at-20-percent-38-million-americans-on-food-stamps-and-little-hiring-can-it-be-a-recovery-with-no-jobs-for-this-long/">My Budget 360</a>)</li>
<li>18 Million empty houses in the United States and 39 million Americans who are no longer working or looking for work, and that’s before Federal Reserve finishes rewriting the rules of American “capitalism” as US Housing, the Automobile Industry and the American Dream are dismantled. (<a href="http://www.nytimes.com/2009/06/01/business/01deese.html">The 31-Year-Old in Charge of Dismantling G.M.</a>, David E. Sanger)</li>
</ul>
<p>“There are now well over 150 million Americans who feel stress over these things on a consistent basis. Over 60 percent of Americans now live paycheck to paycheck.”  (<a href="http://dissidentvoice.org/2010/02/the-economic-elite-vs-the-people-of-the-united-states-of-america-part-i/">The Economic Elite vs. People of the USA</a>,&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p>The year is 2010 and to anyone not in denial, the industrialized nations have entered the greatest calamity the world has ever known:</p>
<ul>
<li>35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (<a href="http://www.mybudget360.com/the-financial-battle-for-the-middle-class-%E2%80%93-underemployment-at-20-percent-38-million-americans-on-food-stamps-and-little-hiring-can-it-be-a-recovery-with-no-jobs-for-this-long/">My Budget 360</a>)</li>
<li>18 Million empty houses in the United States and 39 million Americans who are no longer working or looking for work, and that’s before Federal Reserve finishes rewriting the rules of American “capitalism” as US Housing, the Automobile Industry and the American Dream are dismantled. (<a href="http://www.nytimes.com/2009/06/01/business/01deese.html">The 31-Year-Old in Charge of Dismantling G.M.</a>, David E. Sanger)</li>
</ul>
<p>“There are now well over 150 million Americans who feel stress over these things on a consistent basis. Over 60 percent of Americans now live paycheck to paycheck.”  (<a href="http://dissidentvoice.org/2010/02/the-economic-elite-vs-the-people-of-the-united-states-of-america-part-i/">The Economic Elite vs. People of the USA</a>, David DeGraw)</p>
<p>In an effort to explain our escalating financial crisis, the American Nightmare (an Environmental Dream), the “experts” are under the erroneous impression that the Fed &#8220;missed&#8221; the warning signs leading up to the October 2008 meltdown.</p>
<p>The pundits are focusing their angst on the 44th POTUS, who might very well go down as the single most inept president in all of American history. (<a href="http://www.commondreams.org/view/2010/01/22-7">How to Squander the Presidency in One Year</a>, David Michael Green)</p>
<p>Barack Obama is not inept, greedy or stupid and he isn’t one of  “us.”</p>
<p>He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller&#8217;s Trilateral Commission and he travels in the same circles as other members of the super-secret Skull &amp; Bones Society at Yale University, who pretend to be running for president every four years.</p>
<p>The decision to have Obama preside over the greatest financial calamity since the Great Depression was made five years ago; the November election was a formality. (<a href="http://www.opednews.com/articles/Why-Joseph-Biden-will-be-t-by-Robert-Singer-081009-755.html">Why Joseph Biden will be the Next Vice President of the United States</a>)</p>
<p>To believe otherwise, is to ignore the Bradley/Palin effect and the decision by John McCain to wait until his concession speech to shed the image of a nasty &#8220;grumpy old man.&#8221;</p>
<p>In September 2008, when the Obama campaign seemed to be slumping and their candidate&#8217;s long-standing lead in the polls had evaporated, the senator&#8217;s supporters openly worried that a potential victory might be slipping away. Then, providence joined the campaign: The failure of the giant investment bank Lehman Brothers followed by a global financial meltdown in the month of October.</p>
<p><strong>“Things do not happen. Things are made to happen.”   John F. Kennedy</strong></p>
<p>And, “speaking of change”, the escalation of the war in Afghanistan and Iraq and his policies on Guantanamo, state secrets, renditions, executive power, bailouts and the stimulus packages are for the most part identical to those of George W. Bush.</p>
<p>However, the policies at the Federal Reserve have changed inexplicably, monumentally and historically:</p>
<p>As of October 2008, the men behind the Federal Reserve, all connected to the House of Rothschild, are no longer giving up what’s left of their real wealth so the middle class can live the American Dream, a nightmare for the planet.</p>
<p>Brian Deese, special assistant to president Obama for economic policy, in his first government position, shuffles back and forth from the West Wing to the Treasury Department (Federal Reserve) rewriting the rules of American “capitalism” as he dismantles the US Housing, Automobile Industry and the American Dream. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)</p>
<p>Deese’s First Rule: Withdraw Credit and Liquidity:</p>
<p>Causing spending to fall even further, forcing companies to cut back on inventory and staff &#8211; Creating even more unemployment…263,000 jobs eliminated bringing the total to 39 million Americans who are no longer working or looking for work. (<a href="http://www.marketoracle.co.uk/Article14115.html">The September Employment Rate is 90%</a>)</p>
<p>And that’s before the recently announced “planned three-year budget freeze on government discretionary spending.”</p>
<p><strong>Capitalism never made sense</strong></p>
<blockquote><p>“The Fed didn’t miss anything; the October meltdown was an inside job”</p></blockquote>
<p>Professor Ebeling, the Ludwig von Mises professor of Economics at Hillsdale College, understood something was wrong when he wrote, &#8220;The perverse development and evolution of historical capitalism, the institutions necessary for a truly free-market economy have been either undermined or prevented from emerging.&#8221;</p>
<p>But when he claimed, &#8220;It is the principles and the meaning of a free-market economy that must be rediscovered&#8221; in order to overcome the burden of historical capitalism and save liberty, he should have written that principles must be rediscovered in order to prevent the planet from attempted murder (ecocide).</p>
<p>American &#8220;capitalism&#8221; and our consumer economy never made economic, environmental or common sense—unless the goal was ecocide.</p>
<p>Capitalism and a not-so-free market economy based on consumer products, that is, products we are manipulated to want, not need, was never sustainable. Consumers consume…the resources of the planet.</p>
<p><strong>Who is Responsible?</strong></p>
<p>The “experts” are under the impression this is the natural order of things.</p>
<p>Allegedly, this is another “example” of the private credit monopoly of rich and predatory moneylenders that “prey upon the people of the United States” for the benefit of themselves. [1]</p>
<blockquote><p>“For the benefit of the middle class is a more accurate statement.”</p></blockquote>
<p>The people responsible for the October collapse, our Federal Reserve, also get credit for the windfalls of “Monopoly Money”, created out of thin air, which financed our consumer society.</p>
<p>Those predatory moneylenders gave the middle class the highest standard of living in the world.</p>
<p>Recall when the American economy appeared headed into a recession at the end of the dot-com bubble, the Federal Reserve began slashing short- term interest rates until they reached a historically low one percent. The move re-inflated the economy by allowing homeowners to extract $750 billion in equity from their homes—up from $106 billion in 1996—and apply the dollars toward a multitude of consumer items and other credit card debt.</p>
<p>As interest rates plummeted and alleged home equity artificially soared, buyers were able to afford first and second homes, and they did it by taking out risky mortgages with &#8220;teaser rates&#8221; similar to those offered by the credit card industry. Even as interest rates adjusted upward, the sponsoring banks used complicated financial derivatives to resell the risky mortgages as &#8220;asset-backed paper.&#8221;</p>
<p>As housing prices edged downward and mortgage rates inched upward, the recession was put on hold with the help of an astonishing 10 to 12 credit card offers per month being delivered to some consumer mailboxes. The credit card companies issued 1.5 billion cards to 158 million cardholders and promised an improbable zero percent interest—some deals for up to 18 months. (Similar to mortgage debt, the credit card debt is put into pools also known as derivatives that are then resold to investment houses, other banks and institutional investors.)</p>
<p>Thank those rich and predatory moneylenders for the short-term interest rates and the liquidity that allowed the debt to be pooled, sold and resold.</p>
<p>But blame them because our hyper-shopping has wreaked havoc on the planet.</p>
<p><strong>Who is Behind the Federal Reserve?</strong></p>
<p>Rockefeller, Kuhn, Loeb and Morgan—all connected to The Global Financial Elite (TGFE), direct the Federal Reserve to create money out of thin air.</p>
<p>The process that the Federal Reserve, or any bank, uses to create money “consists of making an entry in a book, that is all,” said Graham Towers, governor of the Bank of Canada. “Each and every time a bank makes a loan (a debt) . . . new bank credit is created—brand new money.”</p>
<p>Money used to pay for the Industrial Revolution, orchestrate the Great Depression, the stagflation of the 1970’s, the dot-com and the housing market bubbles, resulted in 60 years of unprecedented prosperity for the middle class.</p>
<p>These scoundrels at the beginning of the 20th century, owned or controlled one-sixth of the world’s real wealth: raw materials, commodities, copper, iron ore, petroleum, lead, silver and gold.</p>
<p>So how do they get rich exchanging real wealth for about $500 trillion of the Monopoly money they printed?</p>
<p>They don’t, they are the losers, not the middle class!</p>
<p>Remember those trees we chopped down so just about anyone in America could afford their dream house, or those mountains we blew up so we could have that fat station wagon in our driveway? All of those resources “now used up”, were once owned or controlled by the robber barons of our history books.</p>
<p>Their real wealth, not yours or mine has been &#8220;cut, mined and hauled away so Americans could trash the planet with houses, second houses, cars, RVs, TVs and DVDs— the cheap stuff we associate with the good life that put the planet on the downward spiral to ecocide. (<a href="http://www.opednews.com/articles/Dem-Bones-is-Connected-To-by-Robert-Singer-090121-759.html">Dem Bones is Connected To De Debt Bone</a>)</p>
<p>The middle class should be thanking those scoundrels for all that &#8220;stuff&#8221;—but blame them for conning us into trashing the planet.</p>
<p><strong>The Story of Stuff</strong></p>
<p>The Story of Stuff, an animated video about the underside of our consumer society, believes the scoundrels are a bloated corporation sporting a top hat with a dollar sign etched on its front.</p>
<p>Film narrator, Annie Leonard argues our environmental damage is the result of the greedy corporations externalizing costs (shift them onto the public and the environment) so they can make more money.</p>
<p>But that premise is contradicted on film when Annie stands in line to buy a radio for $4.99 and correctly realizes the price couldn’t possibly capture the cost of the radio but incorrectly concludes that the greedy corporations pollute the environment so they can make more profit. [2]</p>
<p>If profits were the motive, then why wasn’t the radio $5.99?  A price anyone would consider a &#8220;throw away&#8221; or loss leader.</p>
<p>We have come to believe that everything wrong in America is about someone getting rich while we are getting swindled.</p>
<p>That our economy runs on profits is a true statement, but imagine how much those moneygrubbers would have made if the radio was $5.99.</p>
<p>That $1.00 would be 100% pure profit.</p>
<p>The swindlers and scoundrels downward-manipulate the costs of what was in 1910 their real wealth:</p>
<blockquote><p>Raw materials, commodities, copper, iron ore, petroleum, lead, silver and gold, to industry at prices lower, <em>not</em> higher as you would expect, so the corporations can still make a profit selling you a radio for $4.99.</p></blockquote>
<p>Downward manipulation is an uneconomic aberration discovered in the precious metals market by the noted silver analyst Ted Butler.</p>
<p>We are conditioned to believe that prices are always inflated so the greedy corporations can make more money but Ted Butler’s research confirmed the price of silver has been manipulated to stay at the $4-5 price range for years. The beneficiaries of this type of manipulation are the consumers since industrial users can sell their products cheaply and still make a profit. (<a href="http://www.opednews.com/articles/The-Myth-of-Free-Enterpr-by-Robert-Singer-100225-556.html">The Myth of the &#8220;Free&#8221; Enterprise Economic System</a>)</p>
<blockquote><p>Behind every consumer society is the reality of a credit-based monetary system and a fiat currency.   Behind every fiat currency is a Federal Reserve or a Central Bank controlled by The Global Financial Elite including, Rockefeller, Kuhn, Loeb and J.P. Morgan, Ted Butler’s prime suspect in the “ongoing intentional not accidental” great crime of keeping the price of silver low so consumers can buy a lot more ‘radio’ (silver) for their dollar.” (<em><a href="http://news.silverseek.com/TedButler/1226344970.php">The Real Story</a></em>, Theodore Butler, <em><a href="http://www.opednews.com/articles/Silver-but-no-Silver-Lini-by-Robert-Singer-081212-594.html">Silver But No Silver Lining</a>)</em></p></blockquote>
<p>Annie should be asking herself why those scoundrels intentionally sold their raw materials cheaply so just about everyone could afford the American Dream, a nightmare for the Planet.</p>
<p><strong>Ecocide Results in Cognitive Dissonance</strong></p>
<p>The premise that anyone would intentionally damage the planet, which future generations will inherit, results in Cognitive Dissonance (CD). CD is the discomfort felt at the discrepancy between what you already know or believe, and new information or interpretation that contradicts a strongly held belief system.</p>
<p>But what if the attempted murder of the environment was the goal from the beginning and not the unintended consequence?</p>
<p>Then we were &#8220;conned&#8221; into shopping for stuff to intentionally because The Global Financial Elite are in a metaphysical war with mother-earth (Gaea) and hope to attain immortality in the New World Order. [3]</p>
<p>Now the world around you will finally make sense.</p>
<p>Hot, flat, and crowded Thomas L. Friedman will finally know what planet George W. Bush is on.</p>
<p>Bush lost the war on terrorism and the war in Iraq, but is winning the war waged on the environment.</p>
<p>Dubya was deadly serious about Ecocide when, after rejecting the global climate change targets of the July 2008 G8 summit, he said, &#8220;Goodbye, from the (then) world&#8217;s biggest polluter.&#8221; China is now the world’s biggest polluter, <a href="http://www.marketoracle.co.uk/Article8911.html">Meat, Milk and Motors: The New China Syndrome </a></p>
<p><strong>Ecocide Eliminates the Stupid Explanations</strong></p>
<p>We see the collapse of GM and Chrysler as the result of failed public policy, government action, inaction and conclude the leadership is inept, arrogant or just &#8220;stupid&#8221; because only Ecocide could explain an industry that failed to keep up with the competition and adjust to new market demands.</p>
<p>Did Detroit forget the Volkswagen Beetle was the most successful car in history?</p>
<p>An incredible 21,529,464 Beetles were produced with the same body style and the same taillight (<a href="http://www.cartype.com/pages/272/worlds_5_most_successful_cars">World&#8217;s 5 Most Successful Cars</a>).</p>
<p>The policies and decisions for the last 31 years aren’t inept or stupid if the goal was pollution.</p>
<p>The Beetle as a mobile pollution device was a failure. Its effects on the environment were minimal compared to the Detroit lineup of egocentric gas-guzzlers, all designed with a different taillight and eco-unfriendly accessories.</p>
<p>The “Evil” Federal Reserve made sure that shiny new automobile with the V8 engine, chrome wheels and bumpers was so cheap just about everyone in America could afford the mobile pollution device of their dreams.</p>
<p><strong>Ecocide Explains Why Alaska is in the Picture</strong></p>
<p>Most analysts point to the oil shock of the mid-1970s, set off by the Arab oil embargo of 1973 as the turning point for the US economy and automobile industry.</p>
<p>Why didn’t our then-President Richard Nixon and the rest of the U.S. government promote mass transit, renewable energy, and high-mileage vehicles?</p>
<p>Because the objective that makes the most sense was to disturb 800 miles of the most pristine country in Alaska with the Trans-Alaska Pipeline.</p>
<p>In 2008 we had a similar shock when $4.50 a gallon gasoline convinced Americans they should give up their last Arctic wilderness (<a href="http://www.marketoracle.co.uk/Article10594.html">U.S. Economy in Free Fall, Why is the Arctic National Wildlife Reserve in this picture?</a>).</p>
<p><strong>Ecocide Explains why Electricity is so Cheap </strong></p>
<p>Electricity radically transformed and expanded our energy use. To a large extent, electricity defines modern technological civilization and made the Industrial Revolution and therefore our consumer society possible.</p>
<p>Electric power arrived barely a hundred years ago, but high costs and the Great Depression dried up most investment capital and delayed electric service to rural Americans until President Franklin Roosevelt signed into law the Rural Electrification Administration (REA) in 1935.</p>
<p>The REA loaned money created by the Federal Reserve at low interest rates and helped to set up electricity cooperatives.</p>
<p>Historically, energy is priced below its actual environmental and social cost in order to create excessive demand and discourage conservation. In other words such pricing diminishes the value of energy to users and causes them to use it irresponsibly and increase the amount of pollution coal-fired plants generate.</p>
<p>Why is electricity priced so cheap that &#8220;only the rich can afford to burn candles&#8221;?</p>
<p>Because cleaner alternatives like wind, solar or even natural gas don’t require mining companies to use dynamite to blast away 800 to 1,000 feet of 500 mountaintops and bury over 1200 miles of rivers and streams. [4]</p>
<p>Ecocide explains why 54% of electricity comes from the most abundant raw energy, coal and is the dirtiest source of power for much of the world. Coal-fired plants harm wildlife, generate smog, soot, acid rain, global warming, toxic air emissions and require billions of gallons of our most precious resource—water.</p>
<p><strong>He Ruined the Country</strong></p>
<p>The private credit monopoly of rich and predatory moneylenders do not “prey upon the middle class” to get rich.</p>
<p>You don’t become wealthier by exchanging gold, silver and raw materials for about $500 trillion of the Monopoly money you print.</p>
<p>Moneylenders created the middle class and then conned us into trashing the planet because Ecocide was the goal not the unintended consequence.</p>
<p>American &#8220;capitalism&#8221; and our consumer economy make perfect sense if the goal was the attempted murder of the planet.</p>
<p>Maybe ecocide is what Woodrow Wilson meant when he confessed that he &#8220;ruined the country.&#8221;</p>
<p>_______________________________________________________________________</p>
<p>Robert Singer writes for Disinfo, <a href="http://www.marketoracle.co.uk/UserInfo-Robert_Singer.html">The Market Oracle</a> and <a href="http://www.thepeoplesvoice.org/TPV3/Voices.php?s=Robert%2BSinger&amp;sentence=sentence&amp;submit=Search">The Peoples Voice</a>.</p>
<p><a href="http://twitter.com/rds2301">Follow me on Twitter</a> (https://twitter.com/rds2301)</p>
<p>If you make people think they&#8217;re thinking, they&#8217;ll love you; but if you really make them think, they&#8217;ll hate you.&#8221;&#8211; Don Marquis</p>
<p>Footnotes:</p>
<p>[1] Congressman Louis T. McFadden, Chairman of the House Banking &amp; Currency Committee, speech on the floor of the House of Representatives, June 10, 1932.</p>
<p>[2] “Corporations Rule the World”, David Korten (1995): “If some portion of the cost of producing a product are borne by third parties who in no way participate in or benefit from the transaction, then economists say the costs have been externalized and the price of the product is distorted accordingly.</p>
<p>[3] <a href="http://www.celdf.org/Default.aspx?tabid=548">Ecuador Approves New Constitution: Voters Approve Rights of Nature</a>, Mari Margil, Associate Director The Community Environmental Legal Defense Fund. <a href="http://www.thepeoplesvoice.org/TPV3/Voices.php/2010/03/02/an-ominous-drilling-sign-for-the-truth">An Ominous Drilling Sign for the Truth</a></p>
<p>[4] On March 25, Democrats introduced legislation that would prohibit the dumping of mining waste into streams. More than one million acres of Appalachia have already been affected by this practice, Senator Alexander says, &#8220;An estimated 1,200 miles of headwater streams have been buried under tons of mining wastes. More than 500 mountains have been impacted, and homes have been ruined and drinking water supplies contaminated&#8221; (<a href="http://www.minesandcommunities.org/article.php?a=9157">Enviros Win Injunction Against Mountaintop Removal Mining</a>).</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/03/2008-financial-collapse-the-greatest-calamity-the-world-has-ever-known/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The Bank of the Fed is Closed…Forever</title>
		<link>http://www.disinfo.com/2010/02/the-bank-of-the-fed-is-closed%e2%80%a6forever/</link>
		<comments>http://www.disinfo.com/2010/02/the-bank-of-the-fed-is-closed%e2%80%a6forever/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 14:10:32 +0000</pubDate>
		<dc:creator>Robert Singer</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Rothschild]]></category>
		<category><![CDATA[Secret Societies]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=23312</guid>
		<description><![CDATA[<p>In an effort to explain our escalating financial crisis, an American Nightmare (an Environmental Dream), the pundits are focusing their angst on the 44<sup>th </sup>POTUS, who might very well go down as the single most inept president in all of American history. (<em>How to Squander the Presidency in One Year</em>, David Michael Green)</p>
<p>Barack Obama is not inept, greedy or stupid and he isn’t one of  “us”.</p>
<p>He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller&#8217;s Trilateral Commission and he travels in the same circles as other members of the super-secret Skull &#38; Bones Society at Yale University, who pretend to be running for president every four years.</p>
<p>The decision to have Obama preside over the greatest financial calamity since the Great Depression was made five years ago; the November election was a formality. (<em>Why Joseph Biden will be the Next Vice President of&#8230;</em></p>]]></description>
			<content:encoded><![CDATA[<p>In an effort to explain our escalating financial crisis, an American Nightmare (an Environmental Dream), the pundits are focusing their angst on the 44<sup>th </sup>POTUS, who might very well go down as the single most inept president in all of American history. (<em>How to Squander the Presidency in One Year</em>, David Michael Green)</p>
<p>Barack Obama is not inept, greedy or stupid and he isn’t one of  “us”.</p>
<p>He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller&#8217;s Trilateral Commission and he travels in the same circles as other members of the super-secret Skull &amp; Bones Society at Yale University, who pretend to be running for president every four years.</p>
<p>The decision to have Obama preside over the greatest financial calamity since the Great Depression was made five years ago; the November election was a formality. (<em>Why Joseph Biden will be the Next Vice President of the United States</em>)</p>
<p>To believe otherwise, is to ignore the Bradley/Palin effect and the decision by John McCain to wait until his concession speech to shed the image of a nasty &#8220;grumpy old man.&#8221;</p>
<p>In September 2008, when the Obama campaign seemed to be slumping and their candidate&#8217;s long-standing lead in the polls had evaporated, the senator&#8217;s supporters openly worried that a potential victory might be slipping away. Then, providence joined the campaign: the failure of the giant investment bank Lehman Brothers followed by a global financial meltdown in the month of <em>October.</em></p>
<p>And, “speaking of change”, escalating the war in Afghanistan and Iraq and his policies on Guantanamo, state secrets, renditions, executive power, bail-outs and the stimulus packages are for the most part identical to those of George W. Bush.</p>
<p>However, the policies at the Federal Reserve have changed…inexplicably, monumentally and historically:</p>
<blockquote><p>As of October 2008, the men behind the Federal Reserve, all connected to the House of Rothschild, are no longer giving up what’s left of their real wealth so the middle class can live the American Dream, a nightmare for the planet.</p></blockquote>
<p>Brian Deese, special assistant to president Obama for economic policy, in his first government position, shuffles back and forth from the West Wing to the Treasury Department rewriting the rules of American “capitalism” as he dismantles the US Housing, Automobile Industry and the American Dream. (<em>The 31-Year-Old in Charge of Dismantling G.M.</em>, David E. Sanger)</p>
<p>Deese’s First Rule: Withdraw Credit and Liquidity:</p>
<blockquote><p>Causing spending to fall even further, forcing companies to cut back on inventory and staff &#8211; Creating even more unemployment…263,000 jobs eliminated bringing the total to 39 million Americans who are no longer working or looking for work. (<em>The September Employment Rate is 90%</em>)</p></blockquote>
<p>And that’s before the recently announced “planned three-year budget freeze on government discretionary spending.”</p>
<p><strong>The Federal Reserve Act of 1913</strong></p>
<p>One of the most important domestic acts in the nation’s history took the power to create money from the people and gave it to the robber barons of our filtered history books in<em> theory for profit</em>.</p>
<p>The Federal Reserve was instrumental in the development of America into a world power.</p>
<p>The United States, in its first decades, was a land of small farms and nearby towns with few cities of any consequence. The young nation seemed far more interested in becoming a successful experiment in democracy, rather than an economic power.</p>
<p>A central bank, necessary for a consumer society, large cities, a common medium of exchange, and a mechanism to regulate that medium were greeted with hostility, since many of the nation’s leaders disdained the urban life.</p>
<p>Anyone who spoke against the “Creature from Jekyll Island” by G. Edward Griffin was silenced.</p>
<p>Presidents Garfield and McKinley, outspoken champions of “sound” money and opponents of a central bank, were suspiciously silenced permanently.</p>
<p>The conflict between rural values and urban reality ended when Woodrow Wilson “unwittingly ruined his country” and signed into law the legislation that put “the growth of the nation . . . and all our activities in the hands of a few scoundrels (men).”</p>
<blockquote><p>Once those scoundrels got control of the supply of money in the Franklin Roosevelt Administration, they began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new (checkbook) currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.&#8221; (<em>Secrets of the Federal Reserve</em>, Eustace Mullins)</p></blockquote>
<blockquote><p>Now those scoundrels remain in control of the supply of money in the Barack Obama Administration, they are making generous interest payments to the banks for “parking” their TARP and other government taxpayer bailout money, which is aggravating the critical famine of money and credit, and the factories started laying people off (263,000 people in September bringing the total to 39 million Americans who are no longer working or looking for work).</p></blockquote>
<p>One of the more absurd notions that found its way into the history books and the writings of economic experts, is that somehow these Robinhood barons (swindlers and scoundrels of history) were made wealthier by manipulating the Monopoly money they created out of “thin air” used to “alleviated the critical famine of money and credit” so the factories could start hiring people again and finance our consumer society.</p>
<p>In 1910, the men behind the Federal Reserve Rockefeller, Kuhn, Loeb and Morgan, all connected to the Rothschild’s global financial empire, owned or controlled one-sixth of the world’s <em>real</em> wealth—gold, silver and raw materials—not the fiat currency we call money.</p>
<p>And their real wealth, where is it now?</p>
<p>Used up, as in consumed, by the middle class so former members of the Third Estate (serfs and slaves) could have houses, cars, RVs, TVs and DVDs—the affordable things we take for granted which put the planet, according to the<em>GEO4, </em>a massive United Nations Report, at the<em> “unknown points of no return.” <span style="font-style: normal"><em>(Liberté, Egalité, Fraternité – Providence, Miracle or What Really Happened</em>)</span></em></p>
<p>The swindler’s and scoundrel’s wealth, not yours or mine, was eventually “cut, mined and hauled away,” so that Americans could “trash the planet” with that cheap stuff until October 2008.</p>
<p>Money control, Gustav Stolper wrote in “This Age of Fables” is, “the supreme and most comprehensive of all governmental controls and the 1838 quote:</p>
<blockquote><p>&#8220;Permit me to issue and control the money of a nation, and I care not who makes its laws&#8221; (Incorrectly attributed to Mayer Amschel Rothschild who died in 1812).</p></blockquote>
<p>Reflects the &#8220;maxim&#8221; of the House of Rothschild.</p>
<p>However, &#8220;money lenders of the Old World” cannot be talking about profits unless you believe The Rothschilds didn’t understand that they were about to give up $500 trillion of <em>real</em> wealth in exchange for $500 trillion pieces of worthless fiat currency.</p>
<p>During the last 100 years, those swindlers and scoundrels were able to distort the structure of relative prices; generate misallocations of labor and capital throughout the economy; rationalize new governmental interventions in the face of the market &#8220;instability&#8221; manipulate the patterns of and the profits from international trade which resulted in the Industrial Revolution, the Great Depression, the stagflation of the 1970s, the dot-com and the housing market bubbles and unprecedented prosperity for the middle class.</p>
<p>Would we have a financial crisis to go with our environmental crisis if Wilson hadn’t ruined the country when he gave away the people’s right to print their own money and we had our own bank?</p>
<p>No.</p>
<p>North Dakota is the only state in the union to own its own bank. The Bank of North Dakota (BND) was established by the state legislature in 1919 specifically to free farmers and small businessmen from the clutches of out-of-state bankers and railroad men.</p>
<p>The state of North Dakota, one of only two states (along with Montana) expected to meet its budget in 2010. North Dakota was also the only state to actually gain jobs in 2009 while other states were losing them. Since 2000, North Dakota’s GNP has grown 56 percent, personal income has grown 43 percent and wages have grown 34 percent. North Dakota in 2009, had a budget surplus of $1.3 billion, the largest it ever had – in a state with a population of 700,000. (<em>The North Dakota Model for Capitalizing Community Banks, </em>Ellen Brown)</p>
<p>North Dakota, a land of small farms and towns more interested in remaining a successful experiment in democracy rather than an economic power.</p>
<p>At this point, it is advantageous to consider the efforts of writer Andrew Hitchcock:</p>
<blockquote><p>&#8220;The Rothschilds have been in control of the world for a very long time, their tentacles reaching into many aspects of our daily lives, and are the hidden hand behind all the social cataclysms in history: The French and American Revolution, the Civil War, World Wars, the Industrial Revolution, the Federal Reserve (and our consumer society).”</p></blockquote>
<p>John Sherman, a Rothschild protégé in a letter sent to New York bankers on June 25, 1863 in support of the then proposed National Banking Act, wrote:</p>
<blockquote><p>“The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages&#8230;will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests.” <em>(World War II And Pound, 1940-1945: The Anti-Semite Revealed</em>, Ellen Cardona)</p></blockquote>
<p>In other words, the “few that understand the system”, without a 20th century environmental perspective of the middle class “trashing the planet”, would not be capable of comprehending a system that would put the planet at the “unknown points of no return” because the environmental damage and pollution was the goal and not the unintended consequences of the Industrial Revolution and our consumer society.</p>
<p>The Federal Reserve isn’t evil because they print our money and make us pay interest on it; they are evil because they are in a metaphysical war with mother-earth (Gaea).</p>
<p>October 2008 marked the last day the “lender of last resort” would give up what’s left of their real wealth, used to con us into shopping for useless toxic stuff, to weaken their opponent, mother-earth. (<em>Ominous Signs Are Aligned: Not A Particularly Good Sign (11-09)</em>)</p>
<p>Robert Singer writes for  disinfo, <a href="http://www.marketoracle.co.uk/Article17023.html">The Market Oracle</a> and <a href="http://www.thepeoplesvoice.org/TPV3/Voices.php?s=Robert+Singer&amp;sentence=sentence&amp;submit=Search">The Peoples Voice</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/02/the-bank-of-the-fed-is-closed%e2%80%a6forever/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>U.S. Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion</title>
		<link>http://www.disinfo.com/2010/02/u-s-economy-grinds-to-halt-as-nation-realizes-money-just-a-symbolic-mutually-shared-illusion/</link>
		<comments>http://www.disinfo.com/2010/02/u-s-economy-grinds-to-halt-as-nation-realizes-money-just-a-symbolic-mutually-shared-illusion/#comments</comments>
		<pubDate>Sat, 20 Feb 2010 06:37:33 +0000</pubDate>
		<dc:creator>ralph</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Bail Outrage]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Humor]]></category>
		<category><![CDATA[Magick]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Plunder]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=22832</guid>
		<description><![CDATA[<p><img class="alignright size-full wp-image-22833" style="margin-left: 20px; margin-bottom: 10px;" title="BBBurnM" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/02/BBBurnM.jpg" alt="BBBurnM" width="274" height="211" />Via the <a href="http://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as?utm_source=onion_rss_dailyhttp://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as?utm_source=onion_rss_daily">Onion</a>:</p>
<blockquote><p><strong>WASHINGTON —</strong> The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.</p>
<p>Calling it &#8220;basically no more than five rectangular strips of paper,&#8221; Fed chairman Ben Bernanke illustrates how much &#8220;$200&#8243; is actually worth.</p>
<p>What began as a routine report before the Senate Finance Committee Tuesday ended with Bernanke passionately disavowing the entire concept of currency, and negating in an instant the very foundation of the world&#8217;s largest economy.</p>
<p>&#8220;Though raising interest rates is unlikely at the moment, the Fed will of course act appropriately if we … if we …&#8221; said Bernanke, who then paused for a moment, looked down at his prepared statement, and shook his head in utter disbelief. &#8220;You know what? It doesn&#8217;t matter. None of this — this so-called &#8216;money&#8217; — really matters&#8230;</p></blockquote>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-22833" style="margin-left: 20px; margin-bottom: 10px;" title="BBBurnM" src="http://disinfo.s3.amazonaws.com/wp-content/uploads/2010/02/BBBurnM.jpg" alt="BBBurnM" width="274" height="211" />Via the <a href="http://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as?utm_source=onion_rss_dailyhttp://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as?utm_source=onion_rss_daily">Onion</a>:</p>
<blockquote><p><strong>WASHINGTON —</strong> The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.</p>
<p>Calling it &#8220;basically no more than five rectangular strips of paper,&#8221; Fed chairman Ben Bernanke illustrates how much &#8220;$200&#8243; is actually worth.</p>
<p>What began as a routine report before the Senate Finance Committee Tuesday ended with Bernanke passionately disavowing the entire concept of currency, and negating in an instant the very foundation of the world&#8217;s largest economy.</p>
<p>&#8220;Though raising interest rates is unlikely at the moment, the Fed will of course act appropriately if we … if we …&#8221; said Bernanke, who then paused for a moment, looked down at his prepared statement, and shook his head in utter disbelief. &#8220;You know what? It doesn&#8217;t matter. None of this — this so-called &#8216;money&#8217; — really matters at all.&#8221;</p>
<p>&#8220;It&#8217;s just an illusion,&#8221; a wide-eyed Bernanke added as he removed bills from his wallet and slowly spread them out before him. &#8220;Just look at it: Meaningless pieces of paper with numbers printed on them. Worthless.&#8221;</p></blockquote>
<p>Read More in the <a href="http://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as?utm_source=onion_rss_dailyhttp://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as?utm_source=onion_rss_daily">Onion</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/02/u-s-economy-grinds-to-halt-as-nation-realizes-money-just-a-symbolic-mutually-shared-illusion/feed/</wfw:commentRss>
		<slash:comments>14</slash:comments>
		</item>
		<item>
		<title>Gold Posts Biggest One-Day Loss Since 2008</title>
		<link>http://www.disinfo.com/2010/02/gold-posts-biggest-one-day-loss-since-2008/</link>
		<comments>http://www.disinfo.com/2010/02/gold-posts-biggest-one-day-loss-since-2008/#comments</comments>
		<pubDate>Fri, 05 Feb 2010 03:34:37 +0000</pubDate>
		<dc:creator>Robert Singer</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[chaos]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[mad max]]></category>
		<category><![CDATA[Precious Metals]]></category>
		<category><![CDATA[Silver]]></category>

		<guid isPermaLink="false">http://www.disinfo.com/?p=21605</guid>
		<description><![CDATA[<p>You can almost predict the oft-repeated explanations the pundits offer up every time the precious metals behave irresponsibly.</p>
<ul>
<li>The trouble with being a contrarian is that you can never be quite contrarian enough. We began having doubts about the ‘feds inflate…gold soars’ hypothesis last year. It was too easy…too obvious. And if it were that easy to inflate a nation’s currency, how come the Japanese couldn’t get the hang of it in the ’90s?</li>
<li>Inflation, yes…but not for a while. And gold? Well, we are in it for the long run. In the short run, anything could happen.</li>
<li>To clarify our view on gold, The Daily Reckoning is not bearish on the metal. It is not bullish on the metal either. It is buggish. We are gold bugs. In the long run, gold will retain its value. Since that’s all we ask of it, we are always satisfied. Even if it is down&#8230;</li></ul>]]></description>
			<content:encoded><![CDATA[<p>You can almost predict the oft-repeated explanations the pundits offer up every time the precious metals behave irresponsibly.</p>
<ul>
<li>The trouble with being a contrarian is that you can never be quite contrarian enough. We began having doubts about the ‘feds inflate…gold soars’ hypothesis last year. It was too easy…too obvious. And if it were that easy to inflate a nation’s currency, how come the Japanese couldn’t get the hang of it in the ’90s?</li>
<li>Inflation, yes…but not for a while. And gold? Well, we are in it for the long run. In the short run, anything could happen.</li>
<li>To clarify our view on gold, The Daily Reckoning is not bearish on the metal. It is not bullish on the metal either. It is buggish. We are gold bugs. In the long run, gold will retain its value. Since that’s all we ask of it, we are always satisfied. Even if it is down in the short run – and it went through an 18-year down cycle from 1980 to 1998 – it will come back in the long run.</li>
<li>A wave of risk aversion swept through global markets, triggering massive technical selling in the precious metals.</li>
<li>Bullion tumbled more than 4 percent in heavy trade, briefly falling below $1,060 an ounce as escalating sovereign debt fears in Europe prompted investors to bid up the dollar and unload riskier assets.</li>
</ul>
<p>The “experts” are having trouble explaining the movements in the precious metals markets because they just can’t comprehend a debt-based monetary system.</p>
<blockquote><p>The process that the Federal Reserve, or any bank, uses to create money “consists of making an entry in a book, that is all,” says Graham Towers, governor of the Bank of Canada. “Each and every time a bank makes a loan (a debt) . . . new bank credit is created—brand new money.”</p></blockquote>
<p>There is just no limit to the amount of monopoly those scoundrels behind the Federal Reserve can create out of “thin air” that they use to manipulate the dollar on the foreign exchange market and the precious metals at the Comex.</p>
<p>You are free to <em>blame</em> them for keeping investors from being wealthy while everyone else is out of work, out of hope and living in tent cities, but be sure and <em>thank</em> them for postponing the greatest calamity the world has ever seen.</p>
<p>When The Powers That Be can no longer keep the precious metals from taking off and the dollar from landing at zero, look out, Mad Max and the breakdown of society is around the corner: This is an Ominous <em>Neutral</em> Sign.</p>
<p>Previous article at disinfo: <a href="http://www.disinfo.com/2009/12/ominous-signs-are-aligned-not-a-particularly-good-sign/"><em>Ominous</em> Signs Are Aligned: Not A Particularly Good Sign </a></p>
<p>Coming soon: An Oily Obaminous Sign</p>
]]></content:encoded>
			<wfw:commentRss>http://www.disinfo.com/2010/02/gold-posts-biggest-one-day-loss-since-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

