Jim Cramer the CNBC host of the show Mad Money has stated that there should be an investigation into the Federal Reserve. In a video interview posted on TheStreet.Com, Cramer criticized Federal Reserve Chairman Ben Bernanke for a series of interest rate cuts and even went as far to say that the Federal Reserve has been behind a great many of the economic booms and busts. The majority of the establishment press has been afraid to criticize the Federal Reserve and speak these intolerable truths. Cramer should be commended for having the courage to speak out against this criminal private central bank. There is no question that there should be an investigation into the Federal Reserve considering that it has operated in a very secretive fashion and have dramatically devalued the nation's currency ever since its inception in 1913.
Bluntly speaking, the Federal Reserve’s interest rate cuts are criminal in nature. They increase the money supply as a short term economic fix but sacrifice the value of the U.S. Dollar in the long run. Each time the Federal Reserve cuts interest rates it lowers the value of the U.S. Dollar which robs people’s bank accounts without them even knowing it. This is the inflation tax that Ron Paul has referred to on many occasions. Sure, cutting interest rates might make the stock market numbers look better, but by continuing to cut interest rates like Bernanke has done which devalues the monetary unit everything is valued in only means that the day of reckoning will be that much worse. Amazingly enough, the Federal Reserve is actually considering another interest rate cut of 50 basis points next week. The rationale behind this is very strange, as they should be hiking interest rates higher in order to save the value of the U.S. Dollar. It almost appears as if Bernanke has no intention of rescuing the U.S. Dollar and is content to delay what will be a certain economic crash of epic proportions. Regional economic integration has been one of the major goals of the elite financial establishment, so it looks all the more likely that they are content to destroy the U.S. Dollar and introduce a regional currency to replace it.
It appears as if Cramer understands what is happening with the economy and doesn’t care what the establishment thinks of him. He has passionately criticized the Federal Reserve on CNBC several times and praised Ron Paul for his views on the central bank. He has even stated that the financial markets are manipulated. Cramer understands what is happening and unlike his colleagues in the establishment media he at least has the guts to tell it like it is. It is encouraging that he has called for an investigation of the Federal Reserve because one is certainly needed. These bankers have bankrupted the United States and destroyed our economy. They need to be held accountable for their criminal actions.
so why is this stooge of the "corporate media" to be believed when nobody else can? your selective emphasis is ASTOUNDING.
Trancer-X
He's definitely not a stooge. He seems to be getting increasingly vocal about the Fed (particularly Chairman Bernanke) and even thanked Ron Paul for giving him the cover to be able to do so when he had him on his show. :D
Do you ever post anything even remotely intelligent or of interest here or do you just get your jollies by mocking, ridiculing and antagonizing otherwise well meaning TrancEaddicts? Or maybe you are just some lowly psy-op. lol
donnybrasco
^^^Trancer; Why is it everywhere you look, you see a conspiracy afoot?
Have you ever thought about why that is? I'm honestly curious as to your answer.
Trancer-X
quote:
Originally posted by donnybrasco
^^^Trancer; Why is it everywhere you look, you see a conspiracy afoot?
Have you ever thought about why that is? I'm honestly curious as to your answer.
While it's definitely not everywhere, it is a lot more common than the vast majority of people are led to believe. Plus add to that fact that when you start to talk about it, you always have a small handful of bumbling buffoons who want to silence you simply because they are too frightened to hear anything that challenges their narrowly defined perceptions of this world (but yet for some reason they keep listening, anyway.)
I think I just notice certain things more easily because over the past few years I've been studying various intertwining topics which all ultimately seem to point in similar directions, from the metaphysical nature of reality and how it's been concealed from us to the hidden history of the world (possibly antediluvian) which preceded the Ancient Sumerians of Mesopotamia to the current Astrotheology which IMO the Roman Catholic Church (probably beginning with Constantine) has cleverly guised itself as Christianity and on and on. If you've studied the Knights Templars or the Knights Hospitallers, chivalric orders which many of the current day Catholic orders (such as G. H. W. Bush's much beloved SMOM) have roots in, you'd understand that even as far back as the early thirteenth century, King Frederick II was accusing the templars of war-mongering, saying that their military order perpetuated wars because it could not exist in peacetime.
I guess sometimes it almost seems like we've come full circle.
quote:
Those who cannot remember the past are condemned to repeat it.
- George Santayana
Lebezniatnikov
quote:
Originally posted by pkcRAISTLIN
so why is this stooge of the "corporate media" to be believed when nobody else can? your selective emphasis is ASTOUNDING.
Because he likes Ron Paul. It's really the only bar for making sense. Anybody else does not compute.
Lebezniatnikov
quote:
Originally posted by Trancer-X
you always have a small handful of bumbling buffoons who want to silence you simply because they are too frightened to hear anything that challenges their narrowly defined perceptions of this world
It's a tough life living on the lunatic fringe.
quote:
(but yet for some reason they keep listening, anyway.)
but yet for some reason they still haven't been convinced. Imagine.
quote:
I think I just notice certain things more easily because of my large intellectual dick size, which I like to wave in the faces of anyone who doesn't agree with me.
Fixed.
donnybrasco
quote:
Originally posted by Trancer-X
While it's definitely not everywhere, it is a lot more common than the vast majority of people are led to believe. Plus add to that fact that when you start to talk about it, you always have a small handful of bumbling buffoons who want to silence you simply because they are too frightened to hear anything that challenges their narrowly defined perceptions of this world (but yet for some reason they keep listening, anyway.)
I think I just notice certain things more easily because over the past few years I've been studying various intertwining topics which all ultimately seem to point in similar directions, from the metaphysical nature of reality and how it's been concealed from us to the hidden history of the world (possibly antediluvian) which preceded the Ancient Sumerians of Mesopotamia to the current Astrotheology which IMO the Roman Catholic Church (probably beginning with Constantine) has cleverly guised itself as Christianity and on and on. If you've studied the Knights Templars or the Knights Hospitallers, chivalric orders which many of the current day Catholic orders (such as G. H. W. Bush's much beloved SMOM) have roots in, you'd understand that even as far back as the early thirteenth century, King Frederick II was accusing the templars of war-mongering, saying that their military order perpetuated wars because it could not exist in peacetime.
I guess sometimes it almost seems like we've come full circle.
Your answer is interesting, I grant you that.
But I think conspiracies on the level you see them are too complex to be realistic. You're giving too much credit to the powers that be in terms of their ability to bend our will and public opinion to suit their desires for wars.
Now I'm not saying that these same powers won't or don't engage in deception from time to time, in order to perpetuate some of their agendas. I'm also not saying that they don't have a vested interest in making more money or gaining more power. But you have to draw a line between what is possible, and what is logistically NOT possible.
We live in a country with a free press. Do they catch everything that's newsworthy and report it all, all the time? No. But do they miss the really big stories? Not at all. If there were conspiracies afoot at the levels to which you see them, there is NO reason why they wouldn't be widely reported. Is there bias in the media? Sure. But there are enough competing outlets with variances in their bias to make sure that the larger stories don't go ignored.
There is also two-party political system that is always latching on to the tiniest snip-its of negative news about their opponents, in the hopes that they can ruin them politically.
Given these checks and balances, "Grand" conspiracies are not possible. Small ones are, sure...ones between 2 or 3 or 4 people. Like a conspiracy to rob a bank, or to commit murder. But if "history" has proven ANYTHING, it's that keeping a secret amongst any more than two people is almost impossible! People talk. Someone ALWAYS gains something by talking and exposing a conspiracy. And also (to be repetitive), people TALK!! It's in our human nature to want to talk, confess, gossip, gain favor by exposing, etc.
But the real bottom line is; The incentive to perpetuate a conspiracy has to be greater than the incentive to expose it...ESPECIALLY the more people that are involved. The more people you involve, the more likely it is that someone is going to have a dissenting view and will expose the conspiracy for this reason.
So in many of these threads where you see conspiracies afoot, I don't see the incentive for them...not on the scale that you're advocating. They defy logic in many cases, and logistics in all of the rest...or both.
Trancer-X
[[ LINK REMOVED ]]
quote:
Conquering the Spirit of Debt
This amazing sermon given in Sept 2003 by Pastor Rod Parsley at Breakthrough Church in Columbus Ohio details the story of how Paul Warburg, John D. Rockefeller, and J.P. Morgan met with Senator Aldridge at a conference in Jekyll Island to create the Federal Reserve Banking System in America circa 1913.
Most people hear about the "national debt" but few ask what it means or who we owe.
Trancer-X
Comprehensive Economic Revitalization Plan
prescription-for-prosperity
Introduction
America became the greatest, most prosperous nation in human history through low taxes, constitutionally limited government, personal freedom and a belief in sound money. We need to return to these principles so our economy can thrive again. When enacted, my plan will provide both short-term stimulus and lay the groundwork for long-term prosperity.
Other candidates talk a lot about stimulus packages, but my record stands alone. I have fought for these measures for years as a member of Congress and will make them a top priority as president.
Ron Paul, a 10-term Republican Congressman from Texas's 14th District, is currently the ranking member of the House Financial Services Committee's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. He has been named "Taxpayers' Best Friend" for 10 consecutive years by the National Taxpayers' Union. Ron Paul is also the author of several books on monetary policy and economics.
The Four-Point Plan
Tax Reform: Reduce the tax burden and eliminate taxes that punish investment and savings, including job-killing corporate taxes.
Spending Reform: Eliminate wasteful spending. Reduce overseas commitments. Freeze all non-defense, non-entitlement spending at current levels.
Monetary Policy Reform: Expand openness at the Federal Reserve and require the Fed to televise its meetings. Return value to our money.
Regulatory Reform: Repeal Sarbanes/Oxley regulations that push companies to seek capital outside of US markets. Stop restricting community banks from fostering local economic growth.
1. Tax Reform
* Eliminate Taxes on Dividends and Savings. The basis of capitalism is savings, and Americans who do so should be rewarded.
o Pass HJ Res. 23 to encourage savings over consumption.
* Repeal the Death Tax. Attacking small businesses and breaking up family farms smothers growth and kills jobs.
o Pass H.R. 2734 to make the Bush tax cuts permanent.
* Cut Taxes for Working Seniors. Grandmothers and grandfathers working to make ends meet should keep all the fruits of their labor.
o Pass H.R. 191 to amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits.
* Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit.
o Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits.
* Accelerate Depreciation on Investment. We need to help companies grow and create jobs.
o Pass H.R. 4995 to amend the Internal Revenue Code of 1986 to reduce corporate marginal income tax rates.
* Eliminate Taxes on Capital Gains. Investment should be embraced and rewarded.
o Pass H.J. Res 23 (The “Liberty Amendment”), proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens.
* Eliminate Taxes on Tips. The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended.
o Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes.
* Support the Mortgage Cancellation Relief Act. Working families who lost their homes should not be punished a second time with a big IRS bill.
o Pass H.R. 1876 to amend the Internal Revenue Code of 1986 to exclude from the gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations.
2. Spending Reform
* Reduce Overseas Military Commitments. Our bases and troops should be on our soil.
o It's time to stop subsidizing our trading partners in Europe, Japan and South Korea.
* Freeze Non-Defense, Non-Entitlement Spending at Current Levels
o I vote against all bloated, pork laden spending bills and will veto them as president.
3. Monetary Policy Reform
* Televise Federal Open Market Committee Meetings. An institution as powerful as the Federal Reserve deserves full public scrutiny.
* Expand Transparency and Accountability at the Federal Reserve
o Pass H.R. 2754 to require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate and its components.
* Return Value to Our Money. Legalize gold and silver as a competing currency.
o Level the long-term boom and bust business cycle by passing H.R. 4683, which would repeal provisions of the federal criminal code relating to issuing coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins.
4. Regulatory Reform
* Repeal Sarbanes/Oxley. It has seriously wounded our capital markets and helped make the UK a financial center at our expense.
o Ending these misguided regulations would bring jobs flooding back to the United States
o Pass H.R. 1049 to reform Sarbanes-Oxley and reduce the burden it places on small businesses.
* Repeal or Remove Costly and Unnecessary Federal Regulations. Neighbors know best how to help their neighbors.
o We need to make it easier for community banks, credit unions, and other financial institutions to better serve their communities and to help people in these communities get access to credit and capital.
o Pass H.R. 1869 to enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.
