The Federal Reserver Is At The Root Of All Economic Problems, So Why In Hell Do You Pick Someone ...

[AllexxisF1]

I'm sorry but anyone who has even a shred of intelligence understands that the Federal Reserve and our monetary system is at the heart of our economic problems. Why on Earth would Obama pick one of them from their group.

I really had hope that Obama would see the real way things are and take the real courageous steps to beating back the Rothschilds of the world. Apparently not.


I'm not some conspiracy kook and I did tons here in Florida for the Obama campaign, but this choice tells me either 2 things...

He was always in the Bildeberg camp.

or

He found out who is really in charge and set him straight.

[MadBadger]

1. Obama must be dumb as hell n/t.

[leftstreet]

2. I'll take option B for $500

[unpossibles]

3. Not everyone agrees that centralized banking is the root of the problem nt

[Sebastian Doyle]

4. Especially given all the shit the Rothschilds pulled on him

They (along with the pharmaceutical industry) were bankrolling the PUMA bullshit.

[FrenchieCat]

5. You thought Obama was going to come in and dismantle the

Federal Reserve Bank System?

That would make McCain/Palin's accusation that Obama was a radical pretty accurate.....

[Tempest]

6. Now you've done it

You've questioned a decision made by Obama.

You've unleashed the Night of the Long Knives at DU.

[Metta]

7. I agree. This guy comes with real baggage. How far is he from Summers.

Let's see.

[kimmerspixelated]

8. OR, maybe the way to dismantle the enemy,

is to have him/it under your arm!

[stray cat]

9. Joe the plumber would be an outsider - how about him?

[WI_DEM]

10. Gee, I guess Obama doesn't have a shred of intelligence.

[depakid]

11. Keep in mind what Roosevelt was thinking when he apppointed Joe Kennedy to head the SEC

Somebody asked F.D.R. why he had tapped such a crook. "Takes one to catch one," replied Roosevelt.

[Shakespeare]

12. BILDEBERGER!!!!111!1

[blondeatlast]

14. Next thing you know, Obama will be Skull and Bones and just

so powerful he managed to keep it hidden all this time.

Count on it--sometime, somewhere, someone will say it...

[politicasista]

16. Speaking of that, it looks like everyone got their wish

and is happy. No Skulls and Bonesmen are in Obama's cabinet. No skulls and bones are advising Obama. :sarcasm:

[threadkillaz]

13. Was JFK a conspiracy theorist?

GOOGLE "executive order 11110"

http://www.google.com/search?hl=en&q=executive+order+11110&aq=f&oq=

[On the Road]

15. One Can Only Assume That

Obama does not agree with you and does not want to return to the gold standard or the "Money as Debt" guy's bizarre suggestions.

[Zynx]

17. Your basic premise is misguided.

The Federal Reserve is an entity that contains many economic ideologies within it. Most members follow the judgement of the Chairman out of deference. Some of our best economic minds either work there now or have worked there at some point.

Part of the problem right now is that the Federal Reserve actually lost a great deal of power over the last 15-20 years under Greenspan who allowed the shadow banking system that is completely unregulated to become the principle source of financing without proper oversight. A well-run Federal Reserve is the solution to economic crises, not the cause of them. In fact, since the Federal Reserve in its modern form(not its 1913 form) came together in the crucible of the Great Depression, we have seen unusual economic stability. The lack of Federal Reserve oversight of the investment banks was the principle reason this got out of control.

While it is true Greenspan left interest rates too low for too long, Geithner has very little to do with that. Geithner does have a great deal to do with the Federal Reserve's actions that have contained the mess to an amazing extent. You don't even want to know how bad this would have gotten without Fed actions so far. We would be at 20% unemployment by now because we wouldn't have made it past December 2007.