Stockman: Federal Reserve Centennial is project ‘mission creep’

A hundred years ago, President Woodrow Wilson signed the Federal Reserve Act into law, delegating Congress’ role to coin money to a private institution. Davi…


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  1. Notice in about the last 2 yrs how many people are leaving their posts: the
    queen, the pope, the fed head, DHS head, Bulgaria PM, Rockefellers go to
    Fiji, Lebanon PM, queen Beatrix, etc. Something big is in the works.

    Reply
  2. AK47 assault rifle designer Kalashnikov dies at 94.
    BBC news: Although honoured by the state, Kalashnikov made little money
    from his gun. He once said he would have been better off designing a lawn
    mower.

    RU news: Kalashnikov says:- I'm proud of my invention, but I'm sad that it
    is used by terrorists. I would prefer to invent a machine that would help
    farmers and other people in their work, such as lawn mowers.

    Where is the truth?I think Kalashnikov was provided in all. RIP!

    Reply
  3. This report completely leaves out the fact that the US dollar is backed by
    oil which is one of the most significant reasons the federal reserve is so
    powerful
    today.

    Reply
  4. Mission creep, my butt! Nixon closing the gold window wasn't a blunder,
    but inevitable. The breakdown of Bretton Woods was predicted by Henry
    Hazlitt, Austrian economist, long before it happened. The Federal Reserve
    has done exactly what it was meant to do – impoverish and enslave the
    people. Check out the role and writings of Woodrow Wilson's handler and
    alter ego, Edward Mandell House. If the bankers didn't have a secret
    agenda, they wouldn't have needed a secret meeting at Jekyll Island,
    Georgia, in Nov. 1910 and THREE YEARS of wrangling to get the odious bill
    passed and signed by Wilson.

    Reply
  5. Financing wars is why the elite has pushed the Federal Reserve (a private
    bank) so hard on America and also why we find ourselves involved in so many
    wars. Eliminate the Fed.

    Reply
  6. Dec 23 is a date that will live in infamy. Apres le deluge the Fed and
    central banking will be universally and justifiably reviled. Truly, the
    apotheosis of greed and power run amok. A scheming con job from the get-go.

    Reply
  7. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government

    Reply
  8. 'I am a most unhappy man. I have unwittingly ruined my country. A great
    industrial nation is controlled by its system of credit.' – Woodrow
    Wilson(the worst president of the United States…until Obama)

    Reply
  9. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government." Since the Fed's inception, the US currency
    has been transformed from a gold standard into basically just sheets of
    paper backed only by the promise of the US government. Throughout a century
    of inflationary monetary policies, the US dollar has lost over 95 percent
    of its value. Today the Fed is involved in an unprecedented bond-buying
    program – called quantitative easing – that economist on all sides of the
    aisle says benefits Wall Street, not Main Street. RT's Perianne Boring
    takes a look at how the Fed has been operating this program under a veil of
    secrecy with little oversight, while calls for a Fed audit continue to grow
    on Capitol Hill.

    Reply
  10. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government." Since the Fed's inception, the US currency
    has been transformed from a gold standard into basically just sheets of
    paper backed only by the promise of the US government. Throughout a century
    of inflationary monetary policies, the US dollar has lost over 95 percent
    of its value. Today the Fed is involved in an unprecedented bond-buying
    program – called quantitative easing – that economist on all sides of the
    aisle says benefits Wall Street, not Main Street. RT's Perianne Boring
    takes a look at how the Fed has been operating this program under a veil of
    secrecy with little oversight, while calls for a Fed audit continue to grow
    on Capitol Hill.

    Reply
  11. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government." Since the Fed's inception, the US currency
    has been transformed from a gold standard into basically just sheets of
    paper backed only by the promise of the US government. Throughout a century
    of inflationary monetary policies, the US dollar has lost over 95 percent
    of its value. Today the Fed is involved in an unprecedented bond-buying
    program – called quantitative easing – that economist on all sides of the
    aisle says benefits Wall Street, not Main Street. RT's Perianne Boring
    takes a look at how the Fed has been operating this program under a veil of
    secrecy with little oversight, while calls for a Fed audit continue to grow
    on Capitol Hill.

    Reply
  12. Wasn't that Racket created on a Island called "Dr.Jekyl and Mr. Hyde" out
    in Atlanctic Ocean around Christmas time in 1908? And wasn't it called the
    National Monetary Systems, and used to prop up Banks-ters?

    Reply
  13. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government." Since the Fed's inception, the US currency
    has been transformed from a gold standard into basically just sheets of
    paper backed only by the promise of the US government. Throughout a century
    of inflationary monetary policies, the US dollar has lost over 95 percent
    of its value. Today the Fed is involved in an unprecedented bond-buying
    program – called quantitative easing – that economist on all sides of the
    aisle says benefits Wall Street, not Main Street. RT's Perianne Boring
    takes a look at how the Fed has been operating this program under a veil of
    secrecy with little oversight, while calls for a Fed audit continue to grow
    on Capitol Hill.

    Reply
  14. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government." Since the Fed's inception, the US currency
    has been transformed from a gold standard into basically just sheets of
    paper backed only by the promise of the US government. Throughout a century
    of inflationary monetary policies, the US dollar has lost over 95 percent
    of its value. Today the Fed is involved in an unprecedented bond-buying
    program – called quantitative easing – that economist on all sides of the
    aisle says benefits Wall Street, not Main Street. RT's Perianne Boring
    takes a look at how the Fed has been operating this program under a veil of
    secrecy with little oversight, while calls for a Fed audit continue to grow
    on Capitol Hill.

    Reply
  15. A hundred years ago, President Woodrow Wilson signed the Federal Reserve
    Act into law, delegating Congress' role to coin money to a private
    institution. David Stockman, President Ronald Reagan's Budget Director
    says, "It has been the most stupendous case of mission creep almost in the
    recorded history of government." Since the Fed's inception, the US currency
    has been transformed from a gold standard into basically just sheets of
    paper backed only by the promise of the US government. Throughout a century
    of inflationary monetary policies, the US dollar has lost over 95 percent
    of its value. Today the Fed is involved in an unprecedented bond-buying
    program – called quantitative easing – that economist on all sides of the
    aisle says benefits Wall Street, not Main Street. RT's Perianne Boring
    takes a look at how the Fed has been operating this program under a veil of
    secrecy with little oversight, while calls for a Fed audit continue to grow
    on Capitol Hill.

    Reply

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