Obama Takes On Fed

Discussion in 'Media' started by Walt, Jun 17, 2009.

  1. Walt
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    Walt Member

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    I found this article about Obama taking on the federal reserve. Anyone heard of Obama "taking on" the fed? It would be nice but it sounds like a joke.

    MINA Breaking News - EXCLUSIVE: Obama Takes on the Federal Reserve

    Exclusive: Obama Takes On The Federal Reserve

    Thursday June 11th


    Obama is about to take on the private banking system known as the "US Federal Reserve" that since its dubious creation in 1913 has had complete control over the printing of all US money in what many detractors have long stated was in great violation of the American Constitution.

    Almost unknown to the American people, the Federal Reserve Bank is comprised of 12 branches that are private corporations whose ownership is shrouded in the veil of secrecy and is the largest holder of United States debt said to be in excess of over $4 Trillion.

    Fueling Obama's growing anger over the Federal Reserve Bank, the reports continue, has been their arrogant refusal to reply to the many questions being asked of them by the United States Congress over what has happened to over $8 Trillion of US taxpayer money, and which caused US Lawmakers to take the unprecedented step of issuing a subpoena yesterday to force the Federal Reserve to turn over internal documents related to Bank of America's acquisition of Merrill Lynch.

    The Federal Reserve Bank, in a desperate bid to hold on to its power over the Untied States, has hired one of Washington D.C.'s top lobbyists, Linda Robertson, who curiously, headed the Washington lobbying office of Enron Corporation which became one of the largest corporate bankruptcies in US history after they cheated investors out of a staggering $11 billion.
     
  2. sealybobo
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    sealybobo Diamond Member

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    They don't deal with our coins. The treasury handles that. LOL. Keep the change. :lol:

    PS. The people crying about $750 billion stimulus or $750 billion TARP. Where are they on this?

    The fed cannot account for the whereabouts of $9 trillion worth of off-balance sheet transactions over the course of the past eight months. Nor can it explain the $1 trillion expansion of the Fed’s balance sheet since last September.

    One Penny Sheet » Federal Reserve Cannot Account for $9 Trillion video

    So in Bush's last 4 months, the Federal Reserve practically doubled the debt.

    But no tea baggers to be found?

    And no talk about this in the liberal media?
     
  3. Walt
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    Sealy I could be described as a "tea bagger". I attend and protest. I did not like Bush and what he did at all! Nor did I or would I vote for him. It is not about the repubs rasing the debt. It is not about the dems rasing the debt. It is about these nutty politicans rasing the debt together. Bush doubled it and now Obama will double, triple, quadruple it? What is funny about this article is that it is not Obama who wants to reign in the fed. Ron Paul and 232 others have sponserd the bill to audit. Obama is trying to give it more power.
     
  4. sealybobo
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    sealybobo Diamond Member

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    YOU may be a sincere tea bagger, but many of the people who protested at the request of Fox News were not.

    If you are a true tea bagger, this news of $9 trillion dollars should make your head explode. And I bet they're going to put the $9 trillion on Obama's numbers, not Bush's. It kind of happened at the end of Bush's term and may have also happened at the beginning of Obama's.

    But neither Bush/Obama or Congress had to give permission. The Fed just did it on their own. And now won't tell us shit. Perhaps they have gone too far and enough is enough? I doubt it. They can just bribe the 232 and they won't go far enough to end this corruption.

    I heard Obama say the other day he wanted to give them more power. WTF? But I also heard Obama is open to more oversite of the Fed too. But I agree, I'm not buying it. I won't be happy until they take the Fed Reserve away from the bankers that own it/us.

    I get the feeling that if you are going to be president, there are certain things you just have to go along with. Clinton turned out to go along with the GOP on all the bullshit hurting us today. NAFTA, deregulations, etc.

    If you ever watch Freedom to Fascism by Aaron Russo, he'll agree that THEY ALL know about this and they don't say shit about it. Well finally Ron Paul and Barnie Frank are saying something and looks like 232 others are listening. :clap2:

    About time, huh? But lets see if they do anything about it or if this just goes away. The Robber Barons come and go every so often. They broke up Standard Oil too long ago. But the guy who owned it ended up having partial ownership of all the new oil companies that were created after the government broke up Standard Oil. And it made him the richest man in the world. Boy, we sure showed him, huh?
     
  5. Oddball
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    Oddball BANNED Supporting Member

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    Don't you believe it.

    Barry Obolshevik needs the banksters at the Fed to provide all the "shovel ready" money he's going to need to throw at his silly-assed socialistic welfare programs.

    This is just more of the media sycophancy that reports Barry the Manchild doesn't want to micromange GM, right before he starts micromanaging GM.
     
  6. Toro
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    Why do you think he is about to "take on the Fed" when he's proposing to give it more power?
     
  7. Oddball
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    I wish Orwell and Rand could be alive to see all this crap.
     
  8. Walt
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    What really makes my head explode is all this will contnue to go on becuse of the people that elect these buffons. We are in the "information age" yet people stick their heads up their asses. They cannot grasp the simple fact that there is no lesser of 2 evils. Both sides are on the same destructive/control path. Which in my book makes them both the same. People call it different things, facisim, socialism, communisim. I think it is a hybrid of all of these. No matter what it is called, it is not good for our Country.

    I hope the bill to audit the fed goes through. But as you say we will have to wait and see. I believe in one way or another it will be killed. The global elietists that are in control do not want oversight.
     
  9. Walt
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    It's not my artice Toro. As I said it sounds like a joke. I agree with you that he wants them to have more power not less. Where do these people get their information to write this type of article? I wish I knew. Just plain old propaganda I suppose.
     
  10. sealybobo
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    They would have shit over what happened the last 8 years.

    All this shit was happening the first 6 years of Bush's presidency and while I was screaming it, you guys weren't listening. Until the 2009 election at least, and then you put all the blame on BOOOOOSHHH.

    I agree with you. It certainly wasn't all Bush. You guys tried to sell us that load of BS. We know the GOP was all on the same page.
     

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