Please say it isn't true.
The Federal Reserve cannot be getting more power?
I don't believe it.
How stupid can you get?
For those who still don't understand how The Federal Reserve system works, and that includes occupants of The white House, The Federal Reserve is not part of the executive, but is in fact a privately owned cartel of banks with shareholders.
Now, can you guess who the major shareholders in the Federal Reserve are?
Can you guess who the largest donators to the Obama campaign were?
Yup. The same banks who have inflated the derivatives bubble and caused the global economic woes we are experiencing, with people losing their homes and jobs and ultimately their lives.
The words 'fox' and 'chicken coop' are entering my mind at a nauseating rate.
And look who's behind this coup; SuperBilderbergers Summers and Geithner!
Heil (Bilderberg) Brown!
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From http://www.washingtonpost.com/wp-dyn/content/article/2009/06/17/AR2009061703902.html?hpid=topnews
Core Reforms Held Firm As Much Else Fell Away
In Triage Mode, Economic Team's Goal To Expand Fed's Power Trumped Others
By David Cho and Zachary A. Goldfarb
Washington Post Staff Writers
Thursday, June 18, 2009
The plan President Obama unveiled yesterday to overhaul the government's oversight of the financial system was not the wholesale remaking of Washington that the administration had initially envisioned.
...Now as the plan moves to Capitol Hill, skeptics say it gives the Fed too much power. Others say it did not go far enough to eliminate overlapping agencies. Some big financial firms complain that they were cut out of the process.
Geithner and National Economic Council director Lawrence H. Summers, who forged the plan, did not seek a consensus among all of these interest groups.
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