Vengeancia (updated February 2014) Happy Holidays! Check out this Frank O’Collins’ MP3. Check out John B. Wells on the Alex Jones Show Wed., December 25th and other news, here. “The Federal Reserve System fulfills its public mission as an independent entity within government. It is not ‘owned’ by anyone and is not a private, profit-making institution.” FRB
“Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately owned and locally controlled corporations.” Lewis vs. U.S., 680 F.2d 1239, 1241, 1982, here.
“…[To] establish the principles of the Declaration of Independence, we’re going to need to go outside of the law. To stop obeying the laws that demand killing, or that allocate wealth the way it’s been done, or that put people in jail for petty technical offenses – and keep other people out of jail for enormous crimes.” Matt Damon. Check out Celebrities for Truth
Check out our Featured Musician, Neil Fox and F**k the Fed. Learn more about Featured Artist David Dees. Find The 2013 Index of Dependence on Government by David B. Muhlhausen, Ph.D. and Patrick Tyrrell, here. Check out In This Age of Plenty by Louis Even, PDF. Check out A Monetary Reformer’s Brief Symbol Glossary from Bill Still, here. Check out Logos Radio Network. “The Bank must keep a public register of persons known as registered banks.” Check out the Reserve Bank of New Zealand, here.
“Monday was the one hundred year anniversary of the Federal Reserve. In commemoration of two engineered economic depressions, numerous recessions, and a radically devalued dollar, a group of activists gathered outside of the Federal Reserve building in San Francisco on Monday.” Read more.
“Cops sent them packing. “The police action came on the same day that a number of activists had planned to hold a protest Monday, according to the Occupy SF website, on the 100th anniversary of the establishment of the Federal Reserve,” CBS News in San Francisco reported.
“Additional protests were held at bankster cartel compounds around the country. They received almost zero coverage from the establishment media. As an interesting note, the San Francisco cops held their bust up of the Fed protest under the cover of rousting a homeless camp. If the Fed is allowed to continue its wrecking ball monetary polices and inflate asset bubbles of destruction at will, most of us will be homeless before long.” Read more.
“On December 23 America’s private banking cartel known as the Federal Reserve turns 100 years old and We, the People have a simple message: Reform or Retire. Nowhere in the U.S. Constitution did the Founders bestow authority to print money on a handful of private banks operating in secrecy from Congress and the people. The right to coin money belongs to the U.S. Treasury alone. For a century the Fed — a network of 12 banks that are 100% privately owned — have controlled our money supply by creating and loaning dollars as DEBT which the public has to pay back with interest.
Americans are Fed Up with the Fed which is why on its Centennial we will be illuminating it: shining light on an institution that exercises power in complete darkness. Join the festival of lights in San Francisco on #D23 and ILLUMINATE THE FED as coalitions of citizens stage actions at all 12 Federal Reserve Banks nationwide. Bring flashlight!” from FED UP WITH THE FED!!! By Mike Zonta | December 21, 2013 | OccuNews.
Deck the Halls with Funny Money, Occupy San Franciso, December 2013
Deck the Halls with funny money; Fiat money is so funny
Dollar value going down; Is inflation back in town?
Deck the Halls with Monopoly money; Games of chance controlled aren’t funny
Where did all the money go? Banksters pockets filled with dough!
Deck the Halls with toxic mortgage; Bread and swap it into porridge?
Bust up homes and bankrupt Main street; Send the spoils to all of Wall Street
“A group of protesters was peacefully removed Monday after camping overnight outside the Federal Reserve Bank of San Francisco to mark the 100th anniversary of the federal agency’s creation. Police began removing the group about 7 a.m. from outside the building, located at 101 Market St., police Officer Gordon Shyy said. There were no arrests made or citations issued, he said….
“The group, which included members of Occupy San Francisco, was criticizing the policies of the Federal Reserve, which was created Dec. 23, 1913, and sets the nation’s monetary policy and helps regulate banking institutions. Rick Flicek, a member of Occupy SF, said, “They play funny with people’s loans” and, “Our money’s only worth what they tell us.”
Flicek said there should be more transparency in the workings of the Federal Reserve. “We just want money to be out of a private bank that is federal in name only,” he said. The group used chalk to draw a mock version of a Monopoly game board on the sidewalk in front of the building, but a Department of Public Works employee hosed it off Monday morning. Flicek said more than 100 people gathered for a 5 p.m. rally at the same spot. Read more.
“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.” Read more from Ron Paul. Check out The Free Foundation.
FOXNEWS: Don’t say Christmas. That’s the message that was conveyed to a group of soldiers at Camp Shelby by an equal opportunity officer from the Defense Equal Opportunity Management Institute, according to a soldier who attended a recent briefing. “It’s unbelievable that the Army would ban ‘Christmas’ like it’s a bad word,” said Michael Berry, an attorney with the Liberty Institute, a legal firm representing the unidentified soldier.
Two weeks ago, a routine meeting was held at the Mississippi base with various leaders of the 158th Infantry Brigade. During the meeting, they discussed an upcoming Christmas football tournament. The equal opportunity officer immediately objected to the usage of the word “Christmas.”
“Our equal opportunity representative stopped the briefing and told us that we can’t say Christmas,” the soldier told me. “Almost the entire room blew up. Everybody was frustrated. The equal opportunity rep told our commander that not everyone celebrates Christmas and we couldn’t say Christmas celebration. It had to be holiday celebration.”
“The soldier said there was a brief, but heated discussion about political correctness. At one point, the equal opportunity representative tried to deflect the criticism by pointing out it was the Army’s rules – not hers.
“She said an individual can say Christmas, but as an organization in the Army you can’t say Christmas,” the soldier told me. So what does the Army have to say about the DEOMI officer’s edict?
“There is no policy at the 158th Infantry Brigade, First Army Division East or First Army that forbids using the word ‘Christmas’,” Public Affairs Chief Amanda Glenn told me. She confirmed that there was a discussion in the meeting about the football tournament. She said it was meant to be a team building event and it had no tie to a specific religious event or holiday celebration.
“The Equal Opportunity advisor simply stated that it would be more appropriate to call it a holiday football event,” she said. But Attorney Berry tells me that it was made very clear to the soldiers in the room that the name change was not merely a suggestion.
“She stated that the word Christmas had to be replaced with the word holiday,” Berry said. The soldier who contacted me said it was just another instance of the military trying to curtail public expressions of the Christian faith.
“Between the Air Force and the Army – it’s like they don’t like Christian values, they don’t like the word Christ or Christmas,” the soldier said. “They don’t like you talking about it.” Berry said it’s a shame that the Army has implemented word police.
“Are they going to have the ‘Merry Christmas’ police going around issuing citations to an soldier who slips and says the word?” he wondered. “They’re treating Christmas like it’s pornography. As a matter of fact, the Army actually treats pornography better than it does Christmas.”
It’s not the first time Equal Opportunity officers have caused trouble at Camp Shelby. Earlier this year, I reported exclusively about a briefing at Camp Shelby that labeled the American Family Association as a domestic hate group. After my story was published, the Secretary of the Army ordered military leaders to halt all briefings on extremist organizations that labeled Evangelical Christian ministries as domestic hate groups. Read more.
Here’s more from ACLJ about Christmas in the Workplace, here.
RT “Since the magical moment of its inception on Dec. 23, 1913, the Federal Reserve System has been a source of controversy and even contempt for a growing number of Americans, many of whom are still feeling the sting of the latest financial crisis. A large part of the discomfort with the Federal Reserve System can be traced back to a dusty document known as the US Constitution, a historic manuscript that predates “The Fed” by 125 years, in which it clearly states (Section 8, Article 5): “Congress shall have power to coin money, regulate the value thereof.”
“Yet, despite its officious-sounding title, the Federal Reserve System is not an actual branch of the US government, nor does the US government have any control over its monetary monkeying, which involves the printing of money as well as setting interest rates. These awesome powers were admitted by no less a respectable figure than Alan Greenspan, who served as Chairman of the Federal Reserve from 1987 to 2006.
“The Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take,” Greenspan admitted candidly in 2007.
“Although most Americans tend to ignore the functions of the Fed when times are good, it is when the economy hits turbulence that people awake from their slumber and start asking questions about its role in the US and global economy. By far, the most outspoken critic of the Federal Reserve System has been Ron Paul, the former Congressman from Texas and three-time presidential candidate. In 2009, Paul published a New York Times bestselling book, “End the Fed,” a title taken from a chant he heard at a political rally at the University of Michigan in 2007.
“Paul’s perennial argument that the Fed has done more harm than good for the American people seems valid when it is considered that the US dollar has depreciated 95 percent over the last 100 years, while Wall Street continues to surge.” Read more.
“The story of Piper Chapman, a woman in her thirties who is sentenced to fifteen months in prison after being convicted of a decade-old crime of transporting money for her drug-dealing girlfriend.” Read about the show, Orange is the New Black, here.
According to Paul, “ending the Fed” would resolve some of the most persistent problems of our time.
“It would bring an end to dollar depreciation. It would take away from the government the means to fund its endless wars. It would curb the government’s attacks on civil liberties…”
Others argue that the money-making institution has been the direct reason why so many individuals are failing to realize the American dream.
Curtis Ellis, executive director of the American Jobs Alliance, said the Federal Reserve System has failed when it comes to protecting regular Americans.
“It’s been a dismal failure in promoting prosperity, sustainable and prolonged prosperity and raising the living standards of Americans,” Ellis told RT.
Although the Federal Reserve is still very much in business, Paul’s relentless efforts led to the first audit of the world’s premier bank in its 100-year history. The results were nothing short of startling: From the period between December 2007 and June 2010, it was revealed that the Federal Reserve had bailed out many of the world’s leading banks, corporations, and governments to the tune of $16 trillion – more than the GDP of the US economy.
It would be hard for even the most liberal-minded economist to call this “Capitalism” with a straight face. In fact, printing money out of thin air and turning it over to broke banks and corrupt corporations seems to be yet another form of Socialism.
Bernie Sanders, the independent senator from Vermont, agrees: “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else,” he said.
Here are some of the staggering handouts that kept the global economy, we are told, from tumbling over the precipice (approximate figures):
- Citigroup (US): $2.5 trillion
- Morgan Stanley (US): $2 trillion
- Merrill Lynch (US): $1.95 trillion
- Bank of America (US): $1.35 trillion
- Barclays PLC (United Kingdom): $870 billion
- Bear Sterns (US): $850 billion
- Goldman Sachs (US): $815 billion
- Royal Bank of Scotland (UK): $540 billion
- JP Morgan Chase (US): $390 billion
- Deutsche Bank (Germany): $350 billion
- UBS (Switzerland): $290 billion
- Credit Suisse (Switzerland): $260 billion
- Lehman Brothers (US): $180 billion
- Bank of Scotland (United Kingdom): $180 billion
- BNP Paribas (France): $175 billion
The argument for the Federal Reserve’s banker bailout was that these institutions were simply “too big to fail.” Although such a conclusion may seem like a shrinking of the banking cartels is in order, exactly the opposite is happening. The banks that survived the latest crash have consolidated and are now larger than ever.
Meanwhile, over the past 30 years, Americans have been helpless spectators to the scourge of corporate greed. While Wall Street bankers get golden parachutes, Joe Taxpayer gets Cash for Clunkers. Wealth inequality has never been more severe, while wages for the middle and lower classes remains stagnant. This slide into darkness even prompted Forbes magazine to ask in a recent article: “Could America’s Wealth Gap Lead to a Revolt?” (September 4, 2013).
Dr. Dale Archer discussed the worker strike “affecting businesses like McDonald’s, Wendy’s, Burger King, and Yum Brand’s Taco Bell, Pizza Hut, and KFC.” Demonstrators in 60 cities across America were “protesting the federal minimum wage of $7.25 an hour that keeps them in a chronic state of poverty.”
Archer said their demand for “a living wage” twice the going rate is unlikely “given the current state of Congress.” Although Archer does not say what that “state of Congress” is, a safe guess would be its fawning support of corporate America, where every politician is dependent for his or her campaign contributions.
Archer admits that the protesters just may have a point: “For all the employment growth and claims by many that our economy is in recovery, most of those new jobs – six out of ten according to the Labor Department – are on the low end of the pay scale, which is already much lower than other first world countries.”
And here is where talk of an actual “revolt” gets real: According to Archer, “the bottom 80 percent (receives) a meager 7 percent of the wealth, or, to look at it another way, the wealthiest 400 Americans have the same combined wealth of the nation’s poorest – more than 150 million people, which is almost half the population.”
Meanwhile, US banks – accounting for some 40 percent of the American economy – have doubled in size.
Amid the turmoil, one former Fed employee actually apologized for the actions he undertook on behalf of the Federal Reserve’s quantitative easing program.
Andrew Huszar, a former Federal Reserve employee, wrote an article in the Wall Street Journal in which he described quantitative easing as “the greatest backdoor Wall Street bailout of all time.”
Observing that in its 100 year history the Fed “had never bought one mortgage bond,” Huszar lamented that that was no longer the case. Mortgage bond buying is now seen as one of its main tools for greasing the gears of global capitalism and maintaining the economic well being of “Wall Street’s leading bankers and hedge-fund managers.” While having little impact on Main Street, the Fed’s quantitative easing to the tune of $80 billion per month “had been an absolute coup for Wall Street,” he revealed. Huszar expressed amazement that in a supposedly free-market country, QE has morphed into the “largest financial-markets intervention by any government in world history.”
“(The Federal Reserve) has basically taken a lot of the credit that was on Wall Street’s balance sheets and brought it onto its own balance sheets,” Huszar told RT. “So it’s playing this huge support function in the economy.”
“Most Americans can’t really get credit after the financial crisis still to this day, even though Wall Street’s been stabilized,” he said. “And so we have this long-term decline in the economic prospects of the average American, and yet a lot of our leadership in both Washington and in the Fed are really focused on putting Humpty Dumpty back together again in terms of Wall Street and resuscitate a system, I think, that is working less and less for the person on the street.”
At the same time, however, the Federal Reserve seems to be the only organization in the position to exert its emergency powers for coming to the rescue of institutions that have hit the rails. But that, for critics, is exactly the problem: True capitalism and free-market ideology demands that the ineffective organizations fail, while the healthy ones grow. Finally, somewhere in the Fed’s crazy calculus consideration must be given for the average person, aside from the trickle-down water damage we get from the penthouse floors above our heads, otherwise our experiment in globalization must ultimately fail.” Read more.
Recent News Courtesy of Alex Jones and Infowars:
Mikael Thalen | A journalist investigating a police brutality case was confronted and harassed by Georgia law enforcement late last week, while attempting to photograph outside the Glynn County Sheriff’s Department.
Adan Salazar | Man held at gunpoint in handcuffs on his own front lawn.
PINAC.com | It’s absolutely flabbergasting to see it result in a cop ordered personally liable.
Live Science | Bullet-shaped robot that stands about 5 feet tall, the K5 “security guard” looks a lot like the droid R2-D2 from the Star Wars films.
Is an apple and orange? Are real people “persons?” Check out Kurt Kallenbach’s presentation. Check out Vic Beck discussing, Your Birth Certificate is Not Identification, part 1, part 2, part 3, part 4.
L.A. Times | Three LAPD officers fired an estimated 22 times at Brian Beaird, who was unarmed.
El Paso Times | New Mexico woman was searched for six hours at border, University Medical Center.
Infowars.com | There are known examples of the NSA abusing its surveillance programs
CBS Chicago | Every student was patted down and backpacks, purses and other kinds of bags were searched.
Mikael Thalen | An Ohio coroner’s ruling contradicts claims made by local law enforcement.
Infowars.com | Alex is joined by Pennsylvania resident Ricardo Nieves.
The Washington Post | Allegedly ran prostitution ring out of his apartment.
Anthony D. Romero | Snowden awakened the American people – and others across the globe – from complacent lethargy.
Mac Slavo | History has shown us exactly what happens to the citizenry of nations who are disarmed by their governments.
CBS Chicago | Teen says he was roughed up because he wouldn’t confess.
Adan Salazar | Assistant Manager told cancer patient to bring doctors’ note next time.
Adan Salazar | Woman struck by officer’s stray bullet.
dhs.gov | Student volunteers will gain hands-on experience and exposure to cybersecurity work performed by DHS cybersecurity professionals.