Rick Siegel Prespectives on Freedom and Liberty

In an astounding display of arrogance the private banks making up the Federal Reserve Fund whose regulators and policies brought about the destruction of the US economy are demanding to stay unregulated to carry on as always. Richard Fisher the president of the Dallas branch of the Federal Reserve Bank said “It is more important than ever that we maintain the independence of our central bank, keeping it free o being overridden by political considerations.”

The Federal Reserve Bank is not a US government institution; it is a private set of bankers. This bank has set policy for over 20 years and driven the US economy into the pits with wild greed, free money, and outrageous loans that should never have happened. All to enrich their friends and fellow bankers.

Maybe Americans should be a bit pissed that this bank and the banker in charge of the last 900 billion dollars have not saved anything except their names and Christmas bonus’? $900 Billion and nothing happened? Now Obama wants to pump another 900 billion into the black communities with the wild call that this will jump start and economy based on fiat (currency with no value other than paper and religious faith) currency and again hand it over to the bankers? Is this change?

A vote for change is a vote for the same. A vote at all for 2 puppets is a wasted vote in a fixed field with no chance of change or help. The US is on a course of nationalization of all private industry and using the money to buy up American property and manufacturing with money loaned from China. In the end, China is the banker and owns everything.

The last round of funding in October cost every man woman and child in the USA $40,000 and the banks used it to pay out the bonus’ for Christmas and buy new corporate jets. Some, like Chrysler and GM used their money to offer payouts and fire employees while closing production lines. Not a real jump-start is it? More like a firing frenzy and your debt bought more unemployment and less industry. Nice?

Well. Three months later and you will be in debt another $40,000. That is $80,000 for every man woman and child in the USA! A family of four has now spent $320,000 and responsible for that debt by their government all in the span of four months. It is obvious this is money and must be had by loans. The very sad thing is while the government is giving the money out for free it pays a huge sum for it. This is a big losing proposition that continues to prop up failed institutions and policies with more good money thrown into bad.

If that were not bad enough the government, who in October gave away $800 BILLION dollars to buy the toxic debt of banks is now repeating the same claim since they never used a penny to buy any toxic debt. In the end the banks will get over 2 trillion dollars to cover their executives lunches, planes, cars, and parties while Americans remain ripped off in overpriced, poorly constructed, debt ridden houses whose over fueled pricing was fed by the same bankers. It is a shame that these same suckers called Americans are sitting back and swallowing the continued lies and rape of the economy because of “faith” in change that never happens.

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