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From conspiracy theory to common knowledge - David Stockman, Fmr. Sec. Treasury Dept., interview - Adele Edisen - 23-09-2012
Sun, September 23, 2012 9:26:34 AMFrom conspiracy theory to common knowledge
From: Brasscheck TV <news@brasschecktv.com>
From the time of its founding nearly 100 years ago,
the Federal Reserve Bank had critics who claimed
it was a conspiracy to ruin the United States.
People who held that opinion back then were considered
"nut cases."
Now, it's become a dominant theme among even
mainstream bankers who are not part of the
"too big to fail" mafia.
Video: about 28 minutes long
http://www.realecontv.com/page/20388.html
- Brasscheck
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Adele
From conspiracy theory to common knowledge - David Stockman, Fmr. Sec. Treasury Dept., interview - Phil Dragoo - 24-09-2012
12 lunatics at the Fed destroying capital and interest
Established 1914 to provide standby liquidity
Now micromanage with constant nursing
Massive unrelenting mission creep
Never been a central bank with this arrogance
It makes up stuff; is very dangerous
Six big banks with 8-9 trillion assets "too big to fail"
September 08 will recur
Central bank fueling bubbles
TARP/bailout "too big to fail"
53 trillion public/private debt
Interest should be allowed to rise slowly to hold down credit creation
A consumption oriented tax because we need less consumption
It'll never happen because a trillion in tax loopholes is defended
~~~
Thus spake David Stockman
I wonder
Isn't this creation of crises economic as vital as the creation of those political, e.g. 911
Bernanke does QE III as though he's a king
While POTUS (thanks to 911) may now sentence anyone on earth to death from the sky
NSA will collate all the cameras, all the taps, the facial recognition and the logarithm of key words and phrases
Every airline passenger will be abased before aviating
Anemic growth and employment will be punctuated by some financial ass sitting on the left side of the keyboard for that deeply resonating OMG
Six banks with 8-9 trillion assets
Which become liabilities
FDIC
Federal Dingbats In Charge
Driving by like so many Steppenwolves
Shooting citizens from open cars
Drinking blue liquor under the stars
12 men too big to fail
From conspiracy theory to common knowledge - David Stockman, Fmr. Sec. Treasury Dept., interview - Adele Edisen - 24-09-2012
Phil,
You got that right.
Adele