Federal Reserve Officials Testify On “Too Big To Fail Institutions”

June 29, 2013 C-SPAN http://MOXNews.com.


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  1. They are seizing accounts in the E.U. and the U.S. will be next unless you write your State Congressman or Rep. and say "No! and then demand to reinstate "Steagle"…" Steagle protects taxpayers from bailing out the banks. Remember Alan Greenspan said," Do not depend on having the same retirement as your parents and grandparents" quoted on C-Span.Thomas Jefferson quote says "control of the U.S. monetary system by a Cenral Bank will leave you penniless.' Look the quote up….

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  2. Re-instate the" Glass-steagle Act Of 1933' and write your Congressman/Rep. to reinstate it so that these' too big to fail' cannot seize your 401K, IRA, Retirement or pension as the crooks in the Federal Reserve did away with Steagle in order to make taxpayers pick up the tab for THEIR investment failures[i.e.] bad morgages that they were ORDERED to write under Penalty from the Goverment. Meaning thet created the housing crises by planned design! They are seizing accounts already in E.U.!

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  3. @OakInch Megabanks lost 2.4 million in England recently, with switch your bank campaigns. Banking local is the new eating local and is necessary. Iceland jailed some of its bankers, as should we. Things like that should happen before everyone tries and fails at an "End the Fed" campaign. Toobigtofail. o r g I run the Prednatbook fanpage. Check it out! Great book.

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  4. @OakInch I'm with you, the fed needs to go. I just mean that this is not the place to talk about that. "End the Fed" is the new "Save the Whales" and gets thrown out all the time here. You said something and backed it up, which is great. It is pretty crazy how youtube comments stray so far from the topic at hand because ppl don't actually watch the videos. It is much more within arms reach to deal with megabanks soon. A switch your bank campaign is much more effective than legislation.

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  5. Rep. Maloney – the government doesn't have any money. They have taxpayers money that can't afford any of this. Think it is time to stop the government involving itself in everything. We get a bill like the Dodd-Frank bill that doesn't even make sense half the time – sort of like Obamacare.

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  6. I disagree. The Fed has enabled these institutions to become "Too big not to bail". Its whole purpose is to prop the large banks. The Fed has to go. And along with the Fed going, we need real asset backed money. There is a lot of nonsense out there about how we need the Fed and we need fiat money. I assure you, there is no need for the Fed when your money does not need constant adjusting, and people realize a bank account is an investment, not a safe.

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  7. Save the "End the Fed" stuff guys… makes you sound like you don't know what you are talking about, aka unintelligent. "What I worry about here is.. This entire conversation is based on maintaining "too big to fail"." Fisher @ 1:26:00 RIGHT ON THE NOSE!!

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