The Federal Reserve Is Not “Independent” Or “Apolitical”

The Fed Is Very Political … And Serves the Big Banks and the Powers-That-Be

The Federal Reserve likes to pretend that it is “independent” and “apolitical”.

The facts are different:

  • According to Robert D. Auerbach – an economist with the U.S. House of Representatives Financial Services Committee for eleven years, assisting with oversight of the Federal Reserve, and subsequently Professor of Public Affairs at the University of Texas at Austin – the Fed had a hand in Watergate and arming Saddam Hussein.  See this and this
  • The Fed threw money at “several billionaires and tens of multi-millionaires”, including billionaire businessman H. Wayne Huizenga, billionaire Michael Dell of Dell computer, billionaire hedge fund manager John Paulson, billionaire private equity honcho J. Christopher Flowers, and the wife of Morgan Stanley CEO John Mack
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  • Servant 1

    God will not be mocked men will reap what they sow

    • janchup

      How can one possibly mock an imaginary entity?

      • Robertybump

        Actually, God is a fictional literary character.

  • Reminds me of the genetics debates that led to the notion of epigenetics, which is mainstream now.

    There was a lot of confusion in between.

    The notion of epigovernment offers the same clearing of the air. There is government and there is epigovernment.

  • mitchie124

    The “fed” is at the core of our (their) currency devaluation! They’re trying to ease the death of their bogus, fiat note. They once is totally dead, they’ll show up as the “hero” by introducing a new global currency which will “save the global economy”! Same old game of problem, reaction, solution!