Breaking: Anonymous Vs. The Federal Reserve (OpESR June 14th Video Announcement)

[stockholmer]

Run time: 04:39 https://www.youtube.com/watch?v=XySGw-g2tyk   Posted on YouTube: June 11, 2011 By YouTube Member: AmpedStatus Views on YouTube: 311   Posted on DU: June 11, 2011 By DU Member: stockholmer Views on DU: 5206

 
http://ampedstatus.org/anonymous-vs-the-federal-reserve-opesr-june-14th-video-announcement/

In this new video release, “as a first step,” Anonymous has called for public protests beginning on June 14th, continuing “until Federal Reserve Chairman Ben Bernanke steps down.” To make their case, they have presented a list of recent scandalous Federal Reserve actions.

[mntleo2]

1. I read in the BBC they arrested some Anon in Spain yesterday

...and they seized a computer there that they said had a lot of info on it. That the US and UK had also rounded up and arrested some of them. Are these the same people? If so, I was wondering why even this site did not have anything. Here is the link: http://www.bbc.co.uk/news/technology-13727639

They are interesting ... I have been watching them for awhile.

Cat in Seattle

[Hissyspit]

20. Anonymous took down the Spanish national police website yesterday - I'm not sure for how long

[dixiegrrrrl]

2. That video has very powerful statements in it.

And really needs to be seen.

[MrMickeysMom]

3. June 14 is "Flag Day"... but, it's more...

I believe it's a powerful time where anything you thought about in a benign way suddenly becomes "in your face"...


If you believe there are times when things converge, or that it coincides with solar eclipses, etc., or in the "age of Aquarius", or what some call "spontaneous revolution", then you may take this more seriously. I personally am interested to see whether or not the human race is finally going to "get it" about societies that are driven by the almighty financial unit, with a bunch of private banks in charge.

I personally am horrified to see how giant government affiliated corporations that have been linked nefariously, in the name of international organizations, manage to ruin entire countries, beginning with the poorest ones, and ending with ours.

I personally hope like hell this whole thing is for real.

Fuck the Federal Reserve and all those private banks, and while we're at it, fuck all those Fed Chairmens, starting with Greenspan, the biggest fucking liar of all.

Oh, and Fuck the memory of Ayn Rand, while we are at it.

[glinda]

32. +1

[BREMPRO]

4. juvenile.....

pretentious vid is full of half truths, apocalyptic conspiracies, out of context critique, and demonizing of one man, Bernanke, mild mannered well meaning depression era academic who is responsible for mistakes but many successes in righting the economy..just demonizing him and the fed as if they and the banks are the only problem or cause is not productive or accurate..lots of blame to go around.. let have an adult conversation please?...

[JDPriestly]

5. Could you start the adult conversation by being more specific

about just which statements you disagree with.

There may have been some false statements in that video, but most of the statements were quite true. And I do not begin to have the computer savvy to even put together a video, much less hack anything.

If you read the reports on the outlays of the Federal Reserve that the Fed. Res. itself issued in response to Bernie Sanders' requests, you will find that many of the statements are true -- about payments to the Cayman Islands about bailing out banks and wealthy people with taxpayer dollars, numerous things.

I don't think that Bernanke has done a good job at all.

Have you read the book, Griftopia by Matt Taibbi? And have you read Shock Doctrine? Just a couple of the books that explain the truth behind the economic meltdown.

What sources do you read or cite to for your opinions that this video states falsehoods? (I'm not disagreeing or agreeing with you on that. I would like to know the basis for your statements.)

[Name removed]

6. Deleted message

Message removed by moderator. Click here to review the message board rules.

[MrMickeysMom]

7. ditto... plus

Ravi Batra had a fairly decent book outlining the hand (then) Fed Reserve chairman, Alan Greenspan had, along with our do-nothing MAJORITY Congress in steering us down this road where the middle class is dissolved of economic growth.

I can agree with PLENTY of what's being said here.

[Hubert Flottz]

8. I agree with it too...

And the "Change" we can count on is back to the dark ages and serfdom.

[neoralme]

10. I agree with you, JD. IMO, the Federal Reserve is simply the

Chief Bankster, nothing more.

[BREMPRO]

12. ok...here's the adult conversation...

while I agree with some of the statements, what annoys me most (besides the pretentious juvenile delivery) is the singular demonizing of Bernanke along with the shallow lobbing of anarchic claims like Molotov cocktails without any substantial argument or proof. To simply blame Bernanke for 3 decades of terrible economic policy with wealth illusion driven by asset bubbles, ayn rand libertarian market's always right gospel preached and shepherded by "market guru" Greenspan and adopted by self serving pols is simply off target..

I agree that the banks have been pulling strings and lobbying hard, but the blame can be shared here. Fed under Greenspan gave the illusion of prosperity and was heralded by everyone until we realized the economics were short sided and lead to asset bubbles, greed and unequal wealth distribution that favored the wealthy. I give credit to Bernanke for his part in saving us from the abyss, mind u this was a crisis in uncharted territory, and he has limited options (basically interest rates and money supply).. The revelation of money going to foreign banks offshore etc. are troubling, but that is a factor of an interconnected economy that parochial minded Americans don't grasp.. that's our money why are we giving it to German and Swiss banks? Well, this crisis and the debt problem ripples of European economies on ours demonstrated that the world is interconnected and if one countries bank fails, we all fail.. we should have a conversation about how to fix the to big to fail problem, and decoupling, but for the situation at hand that Bernanke was faced with the only option that was feasible and under the fed control were money supply, bank stimulus and interest rates.. To blame Bernanke - whose testimony i watched in full first hand- is naive and unfair- he was just as angry at having to bail out banks as the American people in my eyes was credible and honest. I prefer watch actual people at work, rather that read second hand opinion pieces and books as they always have to use hyperbole to sell their point of view... I saw a bankster today on a market show say Bernanke was doing a terrible job- in my mind, coming from wall street, that's an endorsement!

Congress, despite chronic ideological gridlock, was able to get a stimulus passed (not enough in my an many economists opinions) and it was partially successful.. the problem we face now is that the fed is out of options.. and the housing ATM asset bubble is gone, so there is concern about the next steps and a lot of hand wringing and blaming of the administration going around about why there are no jobs..the efforts to convert our economy to a green economy are promising but not getting off the ground because of the power of the oil lobby and the stuck in the smog republicans.

Obama gets some blame here for losing momentum not using the bully pulpit more to push for this necessary transition. Good start.. poor follow through. I wrote the president three weeks ago complaining about his apparent lack of urgency about the economy and jobs- that we need more FDR and less Hoover.. more green and less brown.. I hope that's the direction he takes. Congress is stuck in this stupid ideological gridlock..republicans claiming the mantle of fiscal responsibility and politicizing the debt ceiling which is a joke because it's their reckless spending and supply side regulation free economic policies that got us into this debt mess. and dems for willful ignorance of the problem of the debt and unsustainable entitlement, and lack of guts to lobby for more sensible cuts in defense and subsidies, as well as much needed and fair taxes on the wealthy who can afford it by any historical measure are paying less than they should or need to. But i don't stop there with blame.... we ALL as american share in the blame for this. Who irresponsibly bought more house than they could afford and took equity out of it to buy an unsustainable lifestyle? sure we were encouraged to do so, but we all share some blame here.. Not one man, one party, one nation, everyone....

This video manifesto, while it proclaims some truths about the nature the force of money that negatively influences public policy, generally glosses over facts, uses hyperbole and unsubstantiated conspiracies to make it's point..and calls primarily in its action statement for the head of Bernanke, which doesn't solve anything. It seem more about anon's ego's that about solving problems.


ps.. yes i've read shock doctrine which was compelling, and some of Tabbi's work which i find less so..

[emcguffie]

14. Could you please edit your post and put paragraph breaks in?

It's too hard for me to read. Other perhaps older eyes may have similar problems.

In order to read your post I would have to copy it into Word and put spacing in.

There is a reason that it is now standard to put in extra paragraph breaks in text that is intended to be read on a screen.

[BREMPRO]

16. done

[leftyohiolib]

15. "I give credit to Bernanke for his part in saving us from the abyss,"

i dont think he has "saved" us yet. a more appropriate word might be postponed our trip into the abyss.

[BREMPRO]

17. yes.. but in the long run to postpone until another solution

can be formulated during calmer waters is wiser than letting us fall to the abyss during a crisis. We would have had a SERIOUS depression on our hand, more job losses, a worse housing crisis etc..had the economy completely collapsed- most credible economists agree on that.

[leftyohiolib]

18. agreed.......eom

[femrap]

23. He just kicked the

can down the street. I don't think we'll recognize this country a year from now.

Welcome to DU, fellow OH Lefty!

[loudsue]

29. Dude, when the enemy is coming at you in a line, you don't stop to ask who is the most evil badass

At some point, you just have to start shooting back. This is a war. There is a lot of blame to go around, but the LEADERS of the guilty parties are a good, and REASONABLE, place to start taking aim.

[JDPriestly]

33. Thanks. You make some good points.

I would like to point out, however, that I am an example of the majority of Americans who can do the math and did not buy too much house. (And believe me, I wanted a better, biger house but could not figure out how I could pay for one, and that was back when I had a good job.) We are the victims here.

I agree that Bernanke is painted as too much of the villain in the video. But, I find Bernanke and Geithner to be far too timid and weak, far too unwilling to really take responsibility in a positive way in this crisis.

I question the values of Bernanke and Geithner. They have too readily prioritized the interests of the bankers and undervalued the interests of ordinary Americans and other ordinary people in the world.

The too big to fail banks should have been broken up and the too big to fail businesses like Walmarts and McDonalds should have been allowed to cut back and make room for competition. I think it was more a political decision than a smart economic decision to curry the favor of the wealthy executives at Walmart and McDonalds and similar companies than to do what was right for the country. I strongly criticize the role political calculation played in distributing the bail-out funds.

These mega-corporations are like huge trees in the forest that overwhelm everything under them, suck up all the water and starve the smaller trees of even the sunlight they need.

I think of that metaphor because we have trees, and one of them in our front yard is being starved of light and life by two tall ficus trees in our neighbor's yard. Similarly, the too big to fail corporations are depriving small businesses of the environment they need to grow in a creative way.

Bernanke and Geithner are fostering this unhealthy situation. Just as Greenspan did before them, they personally have a lot of power. Congress and other decision-makers in our economy consult with them and rely on them. That is why they have to shoulder most of the blame. So I'm not entirely with you that the finger-pointing at Bernanke as an individual is unfair, maybe somewhat but not entirely.

Anyway, thanks for the "adult conversation." I really found it interesting. I agree about the overemphasis on the market economics. There is always a happy medium. It can be difficult to find, especially when it comes to economics, but I think we would have to agree that we have gone much too far toward the "free markets" side. We need to have some value-driven decision-making. We are going to get hurt and hurt others if we don't set some humanitarian goals in our lives and in our country especially when it comes to economic decisions in a world with increasing demand and dwindling resources.

[BREMPRO]

37. thanks for the "adult" response.. some people here aren't interested in actual

discussion/debate/exchange of ideas...

most of the critique of bernanke and geithner i've read has been without actually listening to them from what i can tell, just from second hand sources and ideological posturing.. i found it surprising to actually hear their testimony and study their actions rather than listen to second hand critiques.. i don't agree with some of their policies.. and concerned with their overemphasis on propping up a failing system..agree we need a transition to new system but i'm an advocate of evolution over revolution.. much less destructive and harmful to everyday folks.... the only issue is can it be done with the way the corporate power political machine is operating now.. not sure...

I think you will find this interesting.. goes to your very good point about increasing demand and dwindling resources..


http://www.nytimes.com/2011/06/08/opinion/08friedman.html?_r=2&hp

[JDPriestly]

39. I also believe in evolution, not revolution, but as far as I am concerned,

Bernanke, Geithner and hapless Obama don't so much as have a clue as to the direction that they need to take the country. They have good "intentions," but no good ideas. We need more creative minds in their positions -- especially now.

In my view, it is not so much that they are evil, but that they lack any imagination, direction or zeal. They are simply toeing some line that has been set out there on the stage on which they find themselves standing kind of dazed by the spotlights. I am not impressed with either of them. Obama needs some new minds on his cabinet. I like Elizabeth Warren. She is a bit one-sided in her focus (consumer financial issues), but she is focused in the right direction.

Obama has too readily continued in the Bush direction and rehired the help that got Bush into so much trouble. Foolish, very foolish in my view.

[Plucketeer]

9. When you are of a mind that

sees "adult behavior" as sticking to current methods of turning things around: ie.... asking and hoping lawmakers will come to their "senses" and do what's in OUR interests, that's a conversation that alot of us DO NOT have patience for anymore. We've been told for eons that Egypt is the "cradle of civilization". Maybe we need to look at them again. Of course, you may well have a more "adult" approach.

[chervilant]

21. hmm...

Dismissing as juvenile the concerns of ANYONE about our current economic crisis is both disingenuous and dissuasive.

I am compelled to quote Sahlins:

The market-industrial system institutes scarcity, in a manner completely unparalleled and to a degree nowhere else approximated. Where production and distribution are arranged through the behavior of prices, and all livelihoods depend on getting and spending, insufficiency of material means becomes the explicit, calculable starting point of all economic activity. ... Consumption is a double tragedy: what begins in inadequacy will end in deprivation.

If we look at our current crisis with the perspective of Economic Anthropologists, and undertake a macro-level understanding of our species' economic behaviors, it's clear that we CAN create a different paradigm. However, the most famous contemporary philosopher to undertake such a task (Karl Marx) is STILL vilified for his erudition.

Capitalism unchecked--and unfettered by compassion for one's fellow human being--is definitively about hierarchy. By definition, only a VERY few humans are allowed to clamber to the top of the ladder, and they command the lion's share of wealth and power.

[BREMPRO]

25. you misunderstand me... i'm not calling their concerns juvenile

just their presentation and demonizing (like some video game monster) of Bernanke.. read my "adult conversations pls)

[chervilant]

28. Well,

I still find it obfuscating to denigrate Anonymous' presentation. Furthermore, I find it rather disheartening to hear individuals talk about this crisis as though it's over (or averted).

I would rather we encourage ANYONE who seeks to address the radical income inequity extant throughout our global economy. I would rather we WORK TOGETHER to effect change.

And, I would encourage all of us to cease and desist playing the blame and shame game. It's divisive, and an egregious waste of time and energy.

As Ben Franklin said,

We must all hang together, or most assuredly we will all hang separately.

(BTW, you might be interested in William Ryan's "Blaming the Victim.")

Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.

Margaret Mead

[valerief]

31. So style is everything, facts be damned? nt

[BREMPRO]

38. not what i'm saying at all.. the fact ARE important- but if they are

presented this way, out of context, scattered with posturing rather than debate- and with an ultimatum of the resignation of Bernanke as if he's the problem and his resignation the solution, anon leaves no room for debate about the facts. I do not disagree with some of their points, but i don't see this kind of self-righteous video manifesto really adding credence to progressive ideas and causes..just fodder for the RW to dismiss and ridicule the left.

[femrap]

22. Maybe you should head

on over to Zerohedge.com and get an education. Oh, sorry. I'm sure the Heritage Foundation has blocked that site.

The Federal Reserve System started in 1913 by a bunch of rich white dudes is the MAJOR culprit in our economic demise. And if a QE3 is announced, a loaf of bread will end up costing $5.00.

Google "Silver Bears Part 6"

[BREMPRO]

26. uh.. we were doing just fine until Greenspan n Reagan unleashed

the Ayn Rand model of economics at the fed... not the fed as much as those running it then that put us on a course for economic crisis...and not without help from pols on both sides and citizens..

[femrap]

30. Now who is naive....

Rand has NOTHING to do with this. Try Milton Friedman....and the Chicago Boyz. Seriously...MSM and the rich white dudes who own the MSM want you to blame Poor Russian Woman for all our ills. She is long dead....Greenspan wants you to blame her. Can't you see that? Geez.

Loss of purchasing power (thanks to the Fed) is the BIGGEST TAX OF ALL.

And it started before Raygun....he just accelerated it. Wages for the worker bees have been stagnant since 1970.....ten years before Bozo took over.

[BREMPRO]

34. so what? are you an admirer of Ayn Rand? "poor russian woman"?

leave poor Ayn alone! ha ha.. come on.. she's the core of libertarian thinking that influenced Friedman and a significant wing of the RW economic thinking. Sure the Chicago boys too.. all dead but still living through RW and libertarian think tanks like Cato's who continue to peddle this BS.. but even Greenspan himself admitted his world view was "fundamentally flawed". and that his well known admiration of Rand was shaken by the results of his regulation free fed policy.. Sure Friedman was central to RW economic policy too.. no question his influence was just as profoundly damaging to average American workers. no disagreement there.

Yes..started in the 70's but all the graphs/research show wages really flattened and gap between rich an poor accelerated rapidly after Reagan/friedman/greenspan and the era of "greed is good"... economics based purely on self interest... ie Rand..

Loss of purchasing power? inflation is not as bad as it should be considering how devalued the dollar is- not significant now..with the exception of energy and food- which is a whole nuther issue. most goods are not rising in price. n what about the exports that are picking up because of the devaluation of the dollar? American goods are in demand for the first time in a long time because of a favorable exchange rate for other countries.. increases in US manufacturing the past year have shown this.. GM is no longer in bankrupcy... devaluation is not all bad news...

[femrap]

35. Oh....you're

right. Ayn Rand invented and dispersed Greed throughout the land. Couldn't have happened without her. Humans had never before known Greed and selfishness.

'devaluation is not all bad news.' 'with the exception of energy and food.' What do you eat...pets? And you ride a bike? WTF are we exporting besides Death and Destruction and Derivatives? Manufacturing hit the wall last month. All that occurred was a replenishment of inventory during the first quarter.

That does it. Another one hits the Ignore List.

Again, you need to head over ZeroHedge.com and become educated. And you didn't watch Silver Bears Part 6, did you?

$35 for a pair of flip flops made in China and you say 'most goods are not rising in price.' You live under a rock? You have inherited wealth? Your mother does all of your shopping?

You will not recognize this nation a year from now. Bernanke just kicked the can down the road....the abyss approaches again. 2008 will look like a picnic. He can't print money forever. The $ will go by the wayside. We are living The Decline of the American Empire.

Denial will get you nowhere.

buh bye.

[Name removed]

36. Deleted message

Message removed by moderator. Click here to review the message board rules.

[femrap]

40. Now I didn't resort to

calling you an asshole. So when you can't make your economic arguments, you resort to name-calling. What a big boy you are...or as you say, what a big boy ur.

:rofl: :rofl: :rofl: and I'm the RUDE one???

[Weird Liberal Head]

11. K&R

Excellent.

[qb]

13. + 1 Trillion

It's time to hold the economic criminals accountable.

[no limit]

19. Stephen Hawking didn't do a very good job disguising his voice.

[femrap]

24. ...

:rofl: :rofl: :rofl:

On Flag Day, we hang the flag upside down....a sign of distress!

And no one goes shopping for a day.

[NaplesTaco]

27. An Adult Conversation

An adult conversation. Yeah, let's do that. Maybe on how the FED is only a tool. A tool for the International Bank Of Settlements to spread the money around the globe. Since the United States has the most money it is our money getting distributed across the globe. And for what return? Cheap goods? Trade Deals? Both of which come with high risk and human capital?

Not to mention that the Bank of International Settlements consults with the IMF.

Yes, we are Globalized. But to what ends?

It would not matter if the Globe was the size of a pea or the size of the Universe the constant is that the money is being transferred to the rich people of one society to the rich people of another society.

To call the antics of Anon juvenile or pretentious shows a lack a of seriousness. These people that put out the video might actually be juveniles but they are certainly not pretentious. The importance of this subject has resonating on the youth of this world like no other subject since civil rights did 50 years ago.

The entire world is calling the ruling class on their thievery and the implosion of every middle class across the globe. The world is on fire. And the youth is leading the way.

There are two options

Set the fire out by taking action and removing the vampires from power

or

Let the fire burn itself out

Option B while cowardly, seems to be predisposed to the American populace.

[proud patriot]

41. krs

:patriot: The time is NOW!