2016 Postmortem
Related: About this forumA single move by Bernie that could make banksters lose their sleep
On December 23, 1913, the then US President Woodrow Wilson puts the final signature for the so-called Federal Reserve Act. Big private banks take control of the US money supply. In 1971, Richard Nixon ended the direct convertibility of the US dollar to gold, and as dollar became the global reserve currency, the absolute dominance of the banksters became definite.
Since then, the progress of the technology permitted the banking elite to strengthen its power through virtual circulation of huge amounts of capital at zero time. The paper/digital money is used now as a tool for dirty wars, buying governments, directing more and more money and power to the top. Just remember the cash that had been transferred by US army helicopters to Iraq. Or, observe how Greece is destroyed through the evil mechanism: for five years now, the economy has been destroyed by the IMF mafia policies, but the debt has risen enormously. The loans are coming to the country - supposedly for the payment of previous debt - and return to the creditors at the same time, while loading Greece with more debt. The money is circulated virtually, but the impact on people's lives is real. Salaries and pensions being reduced continuously, unemployment remains enormously high, social state is systematically destroyed.
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Bernie Sanders was the one who exposed the illegal mechanism of the Fed when the last major crisis exploded: The Fed has thus far reported, without even disclosing specifics of its lending from its discount window, which it continues to draw a dark curtain around, that it supplied, in total, more than $9 trillion to Wall Street firms, commercial banks, foreign banks, corporations and some highly questionable off balance sheet entities. (Much smaller amounts were outstanding at any one time.)
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Bernie says he'll break up the big banks, but that's not enough. Because we should always have in mind that the free market is a fairy tale. This is a closed powerful system with a few leading currencies that shape the Western monetary monopoly, all connected with the most powerful of all at the top. And the banksters control the "machine" in order to print dollars, physically or digitally, as many as they want, whenever they want. And, direct them wherever they want. In case he get elected, Bernie could make a checkmate move to beat the banksters. And that is, nationalize the Fed.
http://failedevolution.blogspot.gr/2016/01/a-single-move-by-bernie-that-could-make.html
DanTex
(20,709 posts)That's exactly the boost of credibility his campaign needs.
I always wondered how Rand Paul could seriously run for President when his father was shilling ads all over the internet calling for the imminent collapse of the US economy. Seems a bit tacky.