From conspiracy theory to common knowledge - David Stockman, Fmr. Sec. Treasury Dept., interview

[Adele Edisen]

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

[Phil Dragoo]

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

[Adele Edisen]

Phil,

You got that right.

Adele