Published on Dec 17, 2013
Former CIA analyst Ray McGovern says that the recent federal district judge's ruling on the NSA's bulk phone collection applies constitutional protections, but will not lead to amnesty for Edward Snowden.
From TheRealNews Published on Dec 17, 2013 Former CIA analyst Ray McGovern says that the recent federal district judge's ruling on the NSA's bulk phone collection applies constitutional protections, but will not lead to amnesty for Edward Snowden.
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By Ron Paul Essay link A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Fed's creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would elicit some sort of public recognition of the Fed’s growth from a quasi-agent of the Treasury Department intended to provide an elastic currency, to a de facto independent institution that has taken complete control of the economy through its central monetary planning. But just like the Fed's creation, its 100th anniversary may come and go with only a few passing mentions. Like many other horrible and unconstitutional pieces of legislation, the bill which created the Fed, the Federal Reserve Act, was passed under great pressure on December 23, 1913, in the waning moments before Congress recessed for Christmas with many Members already absent from those final votes. This underhanded method of pressuring Congress with such a deadline to pass the Federal Reserve Act would provide a foreshadowing of the Fed's insidious effects on the US economy—with actions performed without transparency. Ostensibly formed with the goal of preventing financial crises such as the Panic of 1907, the Fed has become increasingly powerful over the years. Rather than preventing financial crises, however, the Fed has constantly caused new ones. Barely a few years after its inception, the Fed's inflationary monetary policy to help fund World War I led to the Depression of 1920. After the economy bounced back from that episode, a further injection of easy money and credit by the Fed led to the Roaring Twenties and to the Great Depression, the worst economic crisis in American history. But even though the Fed continued to make the same mistakes over and over again, no one in Washington ever questioned the wisdom of having a central bank. Instead, after each episode the Fed was given more and more power over the economy. Even though the Fed had brought about the stagflation of the 1970s, Congress decided to formally task the Federal Reserve in 1978 with maintaining full employment and stable prices, combined with constantly adding horrendously harmful regulations. Talk about putting the inmates in charge of the asylum! Now we are reaping the noxious effects of a century of loose monetary policy, as our economy remains mired in mediocrity and utterly dependent on a stream of easy money from the central bank. A century ago, politicians failed to understand that the financial panics of the 19th century were caused by collusion between government and the banking sector. The government's growing monopoly on money creation, high barriers to entry into banking to protect politically favored incumbents, and favored treatment for government debt combined to create a rickety, panic-prone banking system. Had legislators known then what we know now, we could hope that they never would have established the Federal Reserve System. Today, however, we do know better. We know that the Federal Reserve continues to strengthen the collusion between banks and politicians. We know that the Fed's inflationary monetary policy continues to reap profits for Wall Street while impoverishing Main Street. And we know that the current monetary regime is teetering on a precipice. One hundred years is long enough. End the Fed. From SGTreport.com From RT Published on Dec 15, 2013 Israel ruled guilty of genocide; the nuclear elephant in that region; and the 'armies' recruited to doctor Wikipedia. Seek truth from facts with leading war crimes prosecutor Professor Francis Boyle, Asia Times correspondent Pepe Escobar, top saxophonist and former Israeli citizen Gilad Atzmon, and UN Human Rights Rapporteur Professor Richard Falk. From breakingtheset Published on Dec 11, 2013 Abby Martin calls out an article from New York Magazine that suggests the CIA's connection to cocaine trafficking is a mere conspiracy theory; recalling the CIA's support for Nicaraguan rebel fighters during the Iran Contra scandal with ties to US cocaine trafficking. Another sad loss of liberty and privacy, all for hunting down Americans who might not have paid every last cent in taxes that didn't exist prior to 1913. It also misses the point of the Swiss banking industry, wealthy individuals in the most part just parked liquid wealth there as it was seen as safe and private, not to generate returns. With interest rates so low returns are negligent in most major currencies and the Swiss tax interest income at 35%, so for most it was hardly a tax dodge. Switzerland was for wealth protection, London and New York are for wealth creation and speculation. Seems the Chinese and Arabs have the right idea of buying 1kg gold bars and stashing them in private non-bank vaults. Read Martin Armstrong's take on this matter here From RT From TheLipTV Published on Dec 8, 2013 John Perkins, author of Confessions of an Economic Hitman, and much more, discusses the corporate worldwide empire, global debt trap, and how the planet's economic engine runs on blood and suffering in this Buzzsaw interview. The mega-selling author discusses the truth about financial oppression and conspiracy, and how the world can be rewired to liberate humanity with host Sean Stone in this uncensored interview on TheLipTV. From whygoldandsilver From breakingtheset Published on Dec 9, 2013 Abby Martin Breaks the Set on the Ted Cruz Coloring Book, the Nuclear Energy Alternative, NSA Gamers, and Buzzsaw's Tyrel Ventura. |
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