Posts Tagged ‘Bank’
Americanism Free Enterprise VS Central Planning 3 / 3
“The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the international bankers.” -Congressman Louis T. McFadden
“I refer to the Federal Reserve Board…. This evil institution has impoverished the people of the United States and has practically bankrupted our Government. It has done this through the corrupt practices of the moneyed vultures who control it.” – Louis T. McFadden
“Some people think the Federal Reserve Banks are United States Government Institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves andtheir foreign customers.” – Louis T. McFadden
“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set uphere. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to concealits powers but the truth is – The Fed has usurped the government!!” -Louis T. McFadden
Duration : 0:5:21
Teaser for a new documentary by Steve Ramsey exploring the disturbing history and brazenly corrupt agenda of the Federal Reserve, World Bank and the international banking elite behind these colossal monstrosities. Based largely on the landmark works of Murray Rothbard and G. Edward Griffin, this is a film not to be missed (scheduled for public release Fall 2009). Join in the heroic fight at www.WeArePatriots.us!
Duration : 0:1:34
How the United States banking system works. And why it will collapse.
Duration : 0:10:28
For more videos and playlists like this one, please visit http://www.youtube.com/user/BlackLookingGlass
“This Award-winning documentary features presidential candidate RON PAUL (R-Texas) and is inspired by The Creature from Jekyll Isalnd a book by well-known author and FREEDOM FORCE founder, G. Edward Griffin.
Also featured is Dr. Edwin Vieira, Ph.D., J.D. from Harvard (a foremost authority on the Constitution and the author of Pieces of Eight) who discusses the Fed and various long-term studies which indicate that the Federal Reserve System encourages war, destabilizes the economy, generates inflation (a hidden tax) and is the supreme instrument of unjust enrichment for a select group of insiders. Dr. Theodore Baehr (founder of MOVIEGUIDE®) rounds out the show by discussing the relationship between the Media, the Fed and the Government and why you never see these issues discussed on network TV or in the mainstream media.”
www.FiatEmpire.com
Please be informed
Duration : 0:9:57
Sep 15, 2008.
The venerable Lehman Brothers investment bank said early Monday that it will file for bankruptcy, while Bank of America unveiled plans to buy Merrill Lynch — two pieces of news that profoundly alter the American financial landscape.
The fast-paced changes capped a roller-coaster Wall Street weekend and threatened to stir up U.S. financial markets already reeling from woes at other major financial firms and mortgage financing titans Fannie Mae and Freddie Mac.
“This crisis is clearly deeper than anybody had imagined only a short time ago,” Peter Stein, an associate editor at The Wall Street Journal in Asia, told CNN.
Lehman Brothers said in a statement early Monday that it plans to file for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. The 158-year-old investment bank had been undermined by bad bets on real estate — the value of its shares declined 94 percent this year.
The fall of Lehman followed a wild, three-day scramble by top Wall Street executives and federal regulators, who worked around the clock to come up with a solution to a still-unfolding financial crisis.
By the end of the weekend, the Federal Reserve had stepped in to try to calm the markets by announcing plans to loosen its lending restrictions on the banking industry.
A consortium of 10 leading domestic and foreign banks agreed to create a $70 billion fund for loans to troubled financial firms.
Source:
http://edition.cnn.com/2008/US/09/15/banks.bigchanges/index.html
_______________________________________
Sep. 15, 2008.
Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading U.S. investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet.
Stock prices plunged in Asia and Europe in the wake of investment bank Lehman brothers announcing its collapse and Bank of America’s $50 billion buyout of ailing brokerage Merrill Lynch.
This crisis is clearly deeper than anybody had imagined only a short time ago,” Peter Stein, an associate editor at the Wall Street Journal in Asia, told CNN.
The Dow Jones Industrial Average fell 330 points or 2.9 percent to around 11091 in early trading. In Europe, FTSE index in London declined 3.37 percent while the Paris CAC 40 was down 4.47 percent.
Major Asian indexes were closed but India’s Sensex fell 5.4 percent, Taiwan’s benchmark dropped 4.1, Australia’s key index dropped 2 percent and Singapore fell 2.9.
The turmoil followed a roller-coaster weekend for a Wall Street already concussed by woes at other major financial firms and mortgage-financing titans Fannie Mae and Freddie Mac.
At one point the U.S. Federal Reserve was forced to step in, announcing plans to loosen lending restrictions to the banking industry in an effort to calm markets, while a consortium of 10 leading domestic and foreign banks agreed a $70 billion fund to lend to troubled financial firms.
In an effort to calm market jitters, the European Central Bank on Monday said it has pumped $42.6 billion into money markets. The Bank of England in London also took steps, offering nearly $9 billion in a three-day auction.
Source:
http://edition.cnn.com/2008/BUSINESS/09/15/lehman.merrill.stocks.turmoil/index.html#cnnSTCText
Duration : 0:2:25
During his questioning of Federal Reserve Chairman Ben Shalom Bernanke before the House Financial Services Committee, U.S. congressman Alan Grayson (D), representing Florida’s 8th congressional district (Orlando, Ocala, Eustis), burst out laughing at Bernanke’s hubris.
(21 July 2009)
Grayson’s questioning focused on the Fed’s handouts to FOREIGN central banks in Europe and other countries. These “Central Bank Liquidity Swaps” rose from a total of $24 billion at the end of 2007, to over $553 billion by the end of 2008.
Grayson: “So who got the money?”
Bernanke: “Financial institutions in Europe and other counries.”
Grayson: “Which ones?”
Bernanke: “I don’t know.”
Gryson: “Half a trillion dollars and you don’t know who got the money?”
It gets even better.
3:02 -
Grayson: “Well, look at the next page [in Bernanke's written report], the very next page has the U.S. dollar nominal exchange rate, which shows a 20 percent increase in the U.S. dollar nominal exchange rate at exactly the same time that you were handing out half a trillion dollars. You think that’s a coincidence?”
Bernanke: “Yes.”
Grayson: “hah-hah-hah-hah!”
And really, can Ben Bernanke possibly be so ignorant of the history of the institution that he heads not to know what year the Federal Reserve Act was passed (under very shady circumstances) by the U.S. congress?
Anyone who is interested in the nefarious origins of the Federal Reserve must read the great book by G. Edward Griffin, “The Creature from Jeckyll Island.”
You can watch the entire hearing on the C-SPAN web site:
http://c-span.org/Watch/Media/2009/07/25/HP/R/21294/Monetary+Report+TARP+Funds+Regulatory+Overhaul.aspx
You can contact Rep. Grayson and tell him “thanks” at http://www.youtube.com/user/RepAlanGrayson
Duration : 0:5:10
Jeff & Mike speak to Thomas J. DiLorenzo, an American economics professor at Loyola College in Maryland and an adherent of the Austrian School of Economics, about his book Hamiltons Curse and the corrupt origins of the US central banking system.
Duration : 0:6:1
For more videos and playlists like this one, please visit http://www.youtube.com/user/BlackLookingGlass
“This Award-winning documentary features presidential candidate RON PAUL (R-Texas) and is inspired by The Creature from Jekyll Isalnd a book by well-known author and FREEDOM FORCE founder, G. Edward Griffin.
Also featured is Dr. Edwin Vieira, Ph.D., J.D. from Harvard (a foremost authority on the Constitution and the author of Pieces of Eight) who discusses the Fed and various long-term studies which indicate that the Federal Reserve System encourages war, destabilizes the economy, generates inflation (a hidden tax) and is the supreme instrument of unjust enrichment for a select group of insiders. Dr. Theodore Baehr (founder of MOVIEGUIDE®) rounds out the show by discussing the relationship between the Media, the Fed and the Government and why you never see these issues discussed on network TV or in the mainstream media.”
www.FiatEmpire.com
Please be informed
Duration : 0:9:42
The Federal Reserve Bank is the Central bank that publish the US dollar. It is not a government’s bank but it is owned by the world bankers the most powerful of them is the Rothschild family. They control whole Global Currency System. However what else they need, which is the end goal and what they want to archive by completing their mission…
Duration : 0:6:34
Fiat money currency collapse and should i be scared of the banks.
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Duration : 0:5:53