Wow! Minneapolis Fed commits to END “Too Big to Fail” Banks

Fed link; their call to end TBTF:

Seven years after the biggest financial crisis since the Great Depression, the biggest banks are still too big to fail (TBTF). Without action, they continue to pose a serious, ongoing risk to our nation’s economy. It’s time to seriously consider bold and transformational solutions to address TBTF once and for all. The Federal Reserve Bank of Minneapolis is launching a major initiative to develop a plan to end TBTF and prevent similar economic devastation from hurting the American people.

My response sent this morning:

Dear Fed member,

Thank you for your call to end TBTF. This is my March 2016 article, amended/revised from my 2015 Claremont Colleges paper delivered at their international “Seizing an Alternative” conference. Both of the above linked articles contain short illustrative videos.

Care to communicate your best shot to help? Go here.

Is this evidence of minions of .01% banksters taking the side of We the People?

Do they have visions of pain, suffering, death, and finally recognize the lies told by their debt-slaving “masters”? Will enough minions reclaim their humanity; their heart and soul to join us to build the brighter future on Earth we all recognize as entirely possible?

Is the contrast between light and dark now clear enough, as artistically expressed in this 1-minute video of Darth Vader also making the only choice other than the dark path of a tool for loveless and psychopathic control, until finally that literal force is turned to destroy one’s own self?

And are the minions serving We the People all along from inside the halls of evil power ready now to launch a coordinated counter-attack to end the .01%’s empire of lies, war, and debt as expressed in this artistic 4-minute video of Severus Snape’s role for victory in the Harry Potter series?

Stay tuned; resonate who you’ve always wanted to be.

You earn what you care to work for.


Note: I make all factual assertions as a National Board Certified Teacher of US Government, Economics, and History, with all economics factual claims receiving zero refutation since I began writing in 2008 among Advanced Placement Macroeconomics teachers on our discussion board, public audiences of these articles, and international conferences. I invite readers to empower their civic voices with the strongest comprehensive facts most important to building a brighter future. I challenge professionals, academics, and citizens to add their voices for the benefit of all Earth’s inhabitants.


Carl Herman is a National Board Certified Teacher of US Government, Economics, and History; also credentialed in Mathematics. He worked with both US political parties over 18 years and two UN Summits with the citizen’s lobby, RESULTS, for US domestic and foreign policy to end poverty. He can be reached at

Note: has blocked public access to my articles on their site (and from other whistleblowers), so some links in my previous work are blocked. If you’d like to search for those articles other sites may have republished, use words from the article title within the blocked link. Or, go to, paste the expired link into the box, click “Browse history,” then click onto the screenshots of that page for each time it was screen-shot and uploaded to webarchive. I’ll update as “hobby time” allows; including my earliest work from 2009 to 2011 (blocked author pages: here, here).


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  • Black Swan

    TBTF insolvent banks? Not To Big to Jail bank executives for fraud. There are no statutes of limitation for fraud and embezelment. How Iceland cleaned up their bank fraud is a regulatory success story.

    • diogenes

      Yes, Iceland is a miraculous example. But their tiny population makes departures from democratic practice or large scale fraud grossly obvious, and the citizens by virtue of their small numbers are more aware of each other and what’s going on and have a long tradition of democratic action (like, from the 10th century). Friends’ daughter is going to college there, and loving it. Maybe find herself a Viking, too.

  • Do not hold your breath!

    Mar 30, 2016 One Out Of Three Americans Cannot Afford Food Or Rent

    Economic confidence continues to decline. Japanese industrial production is a complete disaster. ADP job number make no sense when compared to other indicators. IBM, Boeing and State Street are laying off thousands of people. One out of three Americans do not have enough money to pay for food or rent. US says if England leaves the Euro zone it will be catastrophic to the world economy.

  • diogenes

    The first time they tried to slide the Fed concept through Congress it got shot down, so they redesigned it, had other people present it, dressed it up as a “progressive” measure and passed it. The design with the 12 is it, or 15, “districts” scattered around the country was specifically addressed to making it appeal to many constituencies and to make it look like something other than a central bank and something other than another move in the ongoing takeover of the American economy by Wall Street. But the joker in the deck was that, although there were all those “district” banks, 90% of the money and all the power, and control, resided in New York. And still does. So, within the terms of the banksters fractional banking usury racket, a “populist” revolt against Wall Street behemoths is certainly conceivable. The Kansas City fed has sometimes been a source of non-mainstream ideas. I suspect this is a remnant of midwestern progressive tradition from 1870-1940.

    Michael Hudson is at the University of Missouri, Kansas City, and he is probably the most interesting voice of this tradition alive, a fantastically accomplished economist, thinker, advocate, he is among other things the regnant authority on the Mesopotamian origins of usury, mortgages, wage slavery, bookkeeping, property in land, etc, Bogus anthropology falsely depicts usury, interest, as a universal phenomenon, but in fact it isn’t. It has specific local historical origins in Mesopotamia in the 3rd millinum BC and was propagated into Western Europe around the Mediterranean during the 1st millennium BC by Phoenecian and Jewish import-export traders and international credit bankers.

  • JerseyCynic

    feeling hopeful

  • Here is a related story on counterfeiting currency related to the Federal Reserve that only has a printer and a keyboard.

    Mar 28, 2016 The World Leader in Counterfeiting: Lima’s Fake Dollars

    Peru is the number one producer of counterfeit US dollars in the world. In 2015, just over 16 million forged bills seized in the US were of Peruvian origin, according to the US Secret Service. Millions of counterfeit euros and Peruvian soles have also been seized by police in Peru.