The Mudcat Café TM
Thread #102499   Message #2157333
Posted By: GUEST,Mark Calendar
25-Sep-07 - 05:33 PM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
Oh, they were in the same room alright. For another bit of enlightenment, look up Bernanke and Ron Paul. Dr. Paul grilled Bernanke the other day, and that's an excellent clip. Don't recall if its on Youtube or google video.

The job of central banks is, partly, to exert control over governments. The Federal Reserve was founded in 1913 in the US, and shortly after that Canada got its central bank. Once a 'central bank' takes over the fiscal duties of a country, that country is in serious trouble. Look at how Greenspan 'kept interest rates low' for so long. That was calculated. It caused Americans to take advantage of easy credit, and now that credit has been shut off, like a tap. Millions will lose their homes and property. This is how the wealthy (who own the central banks) use the banks to acquire. Boom and bust cycles. Just like before the Great Depression, when credit was easy to obtain and people speculated wildly in the stock market. Same thing is happening today. And this time around, it was Greenspan who set the country up for the fall. Greenspan has no more regard for America than he does for Uganda. It's all business to him.

Listen to the figures that congressman Sanders quotes in the clip again. Where are the jobs in America, the production, etc.? It's all gone or going. And look for the Bernanke / Paul clip. They're trying to pull it from the internet, from what I understand.