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Second Wave of Protests Unleashed: Targets the Federal Reserve
Wall Street Protesters Target the Federal Reserve
The “Occupy Wall Street” protesters have targeted the Federal Reserve as one of their central platforms.
The “Occupy San Francisco” branch of the protests is taking place –
not in the Financial District, where the big banks are located – but in front of the San Francisco Federal Reserve bank.
High-Level Economists, Congressmen and Many Americans Want to End the Fed
This is not as radical and controversial as it might appear at first blush.
High-level economists support the Occupy Wall Street protests. And some very well-known economists also support ending the Fed.
For example, Milton Friedman said:
This evidence persuades me that at least a third of the
price rise during and just after World War I is attributable to the
establishment of the Federal Reserve System… and that the severity of
each of the major contractions — 1920-1, 1929-33 and 1937-8 is
directly attributable to acts of commission and omission by the
Reserve authorities…
Any system which gives so much power and so much discretion to a few
men, [so] that mistakes — excusable or not — can have such far
reaching effects, is a bad system. It is a bad system to believers in
freedom just because it gives a few men such power without any
effective check by the body politic — this is the key political
argument against an independent central bank…
To paraphrase Clemenceau, money is much too serious a matter to be left to the central bankers.
Austrian economists such as Murray Rothbard also would like to end the Fed:
Given this dismal monetary and banking situation, given
a 39:1 pyramiding of checkable deposits and currency on top of gold,
given a Fed unchecked and out of control, given a world of fiat
moneys, how can we possibly return to a sound noninflationary market
money? The objectives, after the discussion in this work, should be
clear: (a) to return to a gold standard, a commodity standard
unhampered by government intervention; (b) to abolish the Federal Reserve System and return to a system of free and competitive banking;
(c) to separate the government from money; and (d) either to enforce
100 percent reserve banking on the commercial banks, or at least to
arrive at a system where any bank, at the slightest hint of nonpayment
of its demand liabilities, is forced quickly into bankruptcy and
liquidation. While the outlawing of fractional reserve as fraud would
be preferable if it could be enforced, the problems of enforcement,
especially where banks can continually innovate in forms of credit,
make free banking an attractive alternative.
Congressmen Ron Paul and Dennis Kucinich have introduced bills to abolish the Fed.
And as I noted last week, most Americans want the Fed ended or at least reined in:
At least 75% of the American people want a full audit of the Fed, and most were against reconfirming Bernanke.
Indeed, as Bloomberg noted last December:
A majority of Americans
are dissatisfied with the nation’s independent central bank, saying
the U.S. Federal Reserve should either be brought under tighter
political control or abolished outright, a poll shows.
***
Americans across the political spectrum say the Fed shouldn’t retain
its current structure of independence. Asked if the central bank
should be more accountable to Congress, left independent or abolished
entirely, 39 percent said it should be held more accountable and 16
percent that it should be abolished. Only 37 percent favor the status
quo.As I have extensively documented,
the Fed is largely responsible for the economic crisis, and has
failed to meet a single one of its stated mandates (let alone its implied ones).
Jones Launches a Second Wave of Protests
Media personality Alex Jones believes that protesting the Fed is the
most important and high-leverage way to change our economic system for
the better. Steve Watson – frequent contributor to Jones’ websites – writes today:
In spite of a large number of protesters who are clearly
aware of the fact that the greatest threat to the global financial
system comes not directly from Wall Street but from the privately owned
Federal Reserve cartel, the official “list of specific demands” of the Occupy Wall Street movement makes absolutely no mention of the Fed whatsoever.
So Jones has launched his ow “Occupy the Federal Reserve” movement:
The Occupy Wall Street crowd has become predictably
focused on issues like taxing the middle class and moderately “rich,”
ending capitalism and even re-electing Obama to ‘fight’ the very elites
who pushed him into power. Focus should instead be on the real source
of power for the out-of-control bankster class- the private,
unaccountable Federal Reserve bank that creates money out of thin air,
issues secret loans to insiders and foreign governments and
systematically institutes debt on the American people through their
undue powers.
With this in mind, Alex Jones is calling on patriots to “occupy”
branches of the Federal Reserve, with plans to appear at three locations
in Texas this weekend in Dallas, Houston and San Antonio. The times
and locations appear below. Further, people everywhere should converge
upon Fed locations in their area to raise awareness about the real
culprit behind the economic crisis.
Well meaning protesters who have joined the Occupy Wall Street
effort, including solidarity activities in cities everywhere, need to be
educated about the power held by this insidious institution, as well
as the false solutions that have been proposed by leading figures on
the left and right that only further expand the scope of big government, all while avoiding the elephant in the room.
Given that Alex Jones has millions of TV viewers and readers, his
announcement might result in a dramatic new front in the nationwide
protests currently occurring.
»
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"left, right, what difference does it make? what difference did it ever make?"
once, and only once (at least in the 'modern era') it did: Catalonia 1936, loosely organized "Anarchist" militias took over the streets of Barcelona, and to the great dismay of radical Socialists, Communists, Trotskyists, Republicans, Falangists, Catholics, Banksters, foreign MNCs, Conservatives, and every other part of the political spectrum, proceeded to run the factories, utilities, muncipal and port infastracture AND raise a couple of columns of volunteer infantrymen who then trundled off to Navarre and the Ebro front, to be betrayed by their "organizers" and leaders into an alliance with the leftist scum who proceeded to work in tandem with the cryto-Jew Franco to undermine all of the gains that this brief spurt of popular resistance had accomplished in an incredibly short time.
If only they had taken on board the experience of Nestor Mahkno and the Ukranian Black Flag militias, who first defeated the "Whites" and then the "Reds" and could only be taken down when the reactionary 'left' AND 'right' combined to destroy the free people's resistance to fascism and communism. He sat in exile in Paris but nobody bothered.
So died Spain.
So will the USA too, if the popular resistance to the Bankster/leftist Mafia shadow state is inveigled into cooperation with the Bill Ayers/Sol Alinsky putschists who took over DC three years ago...Michael Moore is the Devils' Own Tool and a brother in blood of Donald Rumsfeld...but it's an established fact that NO generation ever learns from the mistakes of their elders...and therefore no one will understand when we explain that the "Port Huron Statement" and the entire opus of the "SDS" was a shadow gov CIA psyop designed to stop up the productive motors of the strongest economy this world has ever seen....history, it seems is cyclical, and what's comes next will BE that much more incrementally cruel a downside of the cycle than the last one, because of the failure of this new crop of idealists to learn from our own mistakes in the past.
If you want to END THE FED>....CRUSH THE TROTS SQUATTING ON PENNSYLVANIA AVE!
They know full well that their government is both strong and owned by big business. That's fundamental to their understanding and clear in their statements. They don't support Obama--hell, if they thought he were the answer they wouldn't be taking it to the streets and demanding "revolutionary" changes.
Give that man a bell's!
Give that boy a bell's!
I'm not sure about this info but I've seen somewhere that on its creation the FED was given a 99 years mandate which will end in December 2012 !
Could this be the end date of the FED and the Dollar ?
Is this why the FED pledged zero interest rates until 2013 ?
Could Bernanke be the last FED chairman ?
hmm
FRB 1913
IRS 1913
ADL 1913
hmm
the things they'll do
For a Few Dollars More.
These kids are getting smarter these days....
Money is far too serious a matter to be left entirely under the control of bankers. It's like leaving nuclear power under the control of GE and TEPCO. Or food under the control of Monsanto.
Money people seem to think that they--and only they--are entitled to define the questions and provide the answers to all things money.
How convenient. And the results so inevitable.
END THE LOOTING
END THE FED
SUPPORT #OCCUPYWALLSTREET
This Kid's a Zero Hedge reader!!!
Seconded, I'll be in NYC soon, you better believe that ZH is getting plugged everyday. For those of you that just can't bear to support the PEOPLE because your personal bogeyman has paid lip service to the movement, or because you do mental gymnastics to rationalize your support of the system, you are pathetic. I'll be in LIBERTY SQUARE come on down tough guys, school us "commielibtardpinkofaggots".
Wouldn't it be funny to see a 20 year-old show up in the news with the avatar of a famous ZHer on his t-shirt? Like LeBalance or somebody. ( Just kidding, LB. )
Then he'd have to come out to his Democratic mother and his Republican father. "Mom, Dad? I've got something to tell you..."
@ mick_richfield 10/04/2011 - 08:25
Chock full of insider tid bits you are, merry padawan. The decoder book from the ZH store, you must snag for me. :- )
Alex Jones is the vocal front for the right wing NWO faction (Council for National Policy and the Jesuits). They're pissed off that the left has captured OWS so quickly!!
However, having said that, AJ is doing a great service by bringing the spotlight back onto the issue of the Fed (even if a focus on the Fed is still really hiding the true puppet masters ... and AJ knows it).
"Jesuits"
LOL. Got any back up for this?
Yes. Plenty. Do your own research, if you are in the least bit interested, rather than taking my word for it.
You'll have to put something on the table.
I don't have to do anything. You appear to have confused me with someone who gives a fuck what you think.
Alex Jones is many things, but an NWO fellow traveler is NOT one of them.
He is most definitely aligned with the very secretive and dangerous (in America) CNP ... as is Ron Paul. AJ not only won't discuss them, he disingenuously says he "umm ... yeah, I've heard of them ... I've looked into them and they're nothing". He also won't discuss AT ALL the Jesuits and their massive influence in Washington, DC (coincidentally, formerly known as Rome, Maryland) ... including 5-7 of the 9 Supreme Court Justices.
I've learned a lot from AJ's exposure of the NWO, but I've also learned which parts of his limited hangout are the truth and which are disinformation. He, like all the others (including ZH), has an agenda.
Digest all information from alternative media sites with eyes wide open, brain fully engaged, and bullshit filter set at Defcon 1!
"ALL the Jesuits and their massive influence in Washington, DC...including 5-7 of the 9 Supreme Court Justices." i demand names! names!
end the lies, stop your false attribution. humble yourself in such feeble attempt to cover up the fact that jewish over-representation in supreme court and congress is undemocratic. if things go bad in israel, move to florida, but stay out of financial markets for Jesus' sake.
Crawl back into your hole, troll...
Thank you for admitting the truth of what I said by failing to address any of the facts and being forced to retreat to an ad hominem! Moron.
Alex Jones is a Zionist puppet. Remember that as you listen to what he says. He has said Hollywood is run by Arabs. He has said Wall Street is run by Arabs too. He is very intolerant and gets very, very aggresive about any dialogue which blames Israel or Jews. His wife is a very vocal jew. His job is to sway blame away from the truth and towards the masons-illuminati-bilderbergers.
very good manco. you see him for what he is. there are a few of us ...........and that number is growing. jones has reached critical mass imho. it is all downhill for him now. his day is about over. i mean you listen to him one day, and come back 5 years later, it is like you never left. he just blabs on and on about minutia while hiding the real truth. this is what he does and this is what he is about. he has some kind of mental problems. he is a very dangerous man to liberty. this is why he is on patriot radio just ask all of those who have had dealings with this idiot. they will tell you. patriot radio and alternative media are controlled as well as msm, imho and this was always the case from day one this is why i long ago quit listening to just about all of it. if anyone gets on the radio, and starts talking about real issues and real revisionist history etc, they are soon gone or their programming content is changed to something more palatable to the yiddish owners of the crappy companies that sell junk to anyone foolish enough to buy their junk that advertise on patriot radio. i wish it was different. but it is not.
Not religious jewish Zionist ... but Luciferian -- which includes Labour Zionists (Sabbateans) and Jesuits. His sister attends a Jesuit university and he has given at least one talk there. He absolutely refuses to talk about the Jesuits or Sabbateans or to have on any guest that wishes to talk about them. He also misdirects the real [Jesuit] symbolism of Bohemian Grove.
Zionists are actually Satanists. Theodore Herzl, the founder of Zionism, turned his back on Judaism,. He mocked it. (Wiki) He stole the identity of the Jewish people and turned it into a nationalistic movement. I don't mean to offend any jews here, but its a fact that they follow the Talmud which unfortunately is all about aquiring as much material wealth as possible because they do not believe in God or an afterlife. If Jews want to find the Light, they need to study the Torah, not the Talmud.
This Jew understands
We're on the same page. I was just clarifying 'Zionists' for those here (and in Israel) that don't understand the significant difference between a Sabbatean (Labour Zionist; Luciferian/Satanist) and a religious Jew. The same differentiation must also be recognised between Jesuits (Luciferian/Satanist) and Christian Roman Catholics.
It is highly likely that the Jesuits wrote 'Der Judenstaat' for Herzl (he was an intellectual lightweight and converted to Catholicism in an audience with the Pope just before dying in 1904), just as they had written the higher degrees of Scottish Rite Freemasonry for the Illuminati 150 years earlier (at the College of Claremont in Paris). It should also be noted that the term 'Zionism' was first used by Herzl ... but 40 years after the British Freemasons and the Sabbateans (principally through Sir Moses Montefiore, brother-in-law of Nathan M. Rothschild) had agreed to set up and finance a Jewish state in Israel.
Libertarians Beware: the hands of the biggest fascist proponent of the NWO, Soros, are all over OWS, through Media Matters, the Tides Foundation and ex Acorn head Rathke.
Occupy Boston is at Dewey Square, across from Boston Fed.
http://occupyboston.com/
http://www.boston.com/business/articles/2011/10/04/on_day_four_of_protes...
This guy knows his history and how the money system works. Some of the idiots in NY parroting words back to the speakers are 'useful idiots' not understanding the problems. They have their Iphones, laptops and Ipads that they purchased with Mommy & Daddy's money. They care about texting, facebooking, google, and tweeting........... They all use capitalism to support their networking........but they want to destroy capitalism? Don't destroy capitalism, it's good. DESTROY the criminals involved in Fascism with the government and the government officials controlling companies for political contributions.
the mooslim guy at the end of the video got it all wrong. it's always us vs them; it's not just a mentality, it's reality.
Ron Paul 2012, Obama tried for Treason
From Article I, Section 8 of the US Constitution: "The Congress shall have the power ... To coin Money, regulate the Value thereof,"
I point out the obvious because it needs saying: if that money power so clearly vested in the Congress no longer rests in the Congress, is not the Fed unconstitutional?
Let us not hear the argument that the Congress can delegate its powers. True, it can delegate powers to committees and panels within the Congress itself; but if it were to delegate power outside itself, then the power it so delegates no longer rests where it was placed by the Constitution and is by that fact unconstitutional.
I realize Im a bit of barn door lock salesman, but my goal is wider: We need to recover an appreciation for the genius of this simple document. Everyone ought to read the Constitution at least once. It's not long, a few thousand words. It can be read in a bathroom break. Try it sometime.
"[A] criterion of what is constitutional, and of what is not so ... is the end, to which the measure relates as a mean. If the end be clearly comprehended within any of the specified powers, and if the measure have an obvious relation to that end, and is not forbidden by any particular provision of the Constitution, it may safely be deemed to come within the compass of the national authority. There is also this further criterion which may materially assist the decision: Does the proposed measure abridge a pre-existing right of any State, or of any individual? If it does not, there is a strong presumption in favour of its constitutionality...." - McCullough v Maryland decision, 1819
I'm no lawyer, but that doesn't read to me like an exclusive power reserved to Congress only ... it simply authorises them to compete with private/foreign money and to set the value against such alternatives.
Isn't there something in that document about regulating "weights and measures"? I wonder why that would be in there? (sarc).
Someone needs to repost the story about how the Fed Private Police for was recently empowered..... Just saying
http://uspolice.com/united-states-federal-reserve-police
http://uspolice.com/getting-hired
"I can hire one half of the working class to kill the other half." - Jay Gould
good read at the Bell.
http://www.thedailybell.com/3021/Daily-Bell-Helps-Blow-Up-Wall-Street-Pr...
view Adam Kokesh's video referenced in the above...
http://www.youtube.com/user/AdamKokesh#p/u/0/bFVR9Nv43J4
Alex Jones... (1-5)
http://www.youtube.com/watch?v=yaydJiba1qY
http://www.youtube.com/watch?v=t1Tn61Y0Cfw&NR=1
http://www.youtube.com/watch?NR=1&v=gHPP1KM0-7E
http://www.youtube.com/watch?v=TGHXLJYr2uw&feature=related
http://www.youtube.com/watch?v=UOqlpVkZJME&feature=related
ditto
In the sparse coverage of the "Occupy Wall St." protests by the
lame stream media, they have been trying to marginalize and even
dismiss the protests as small, unorganized, and lacking a singular
focus.
But they're wrong.
The protests are growing.
The protests are spreading.
And they do have a singular purpose; to end the banking
cartel's hold on Washington...
Video:
http://www.brasschecktv.com/page/5194.html
The identities of the mafia/shareholders of the FED which creates and controls the ameriKlan money supply is, as is only reasonable, kept secret from the public. And, just as reasonably, much of the Fed's financial activity is legally exempt from scutiny or audit by the General Accounting Office (GAO).
After all, what right do ordinary Americans have to know anything about the private cabal which issues all U.S. money and, for all practical purposes, controls the U.S. economy.
The Federal Reserve MAFIA kicks back most of the profit IT makes on the scam to the federal government which creates the useful illusion that everything is kosher but that's just smoke and mirrors.
The real profit is made at the level of the banks who get the invented money cheap from the Fed and then lend it out to government, business and consumers ten times over. Not one cent of those trillions is kicked back to anyone other than the dons who own the banks.
It is a truly miraculous system and very, very profitable.
If private individuals tried to do exactly what the criminal banks of the "Fed" do, it is called counterfeiting.
Calling Jim Quinn! Calling Jim Quinn! Your patient is on your computer, again!
Agree that the protest must be growing. This morning it was the lead story on a small local station I listen to. MSM won't be able to ignore it much longer.
I'm goin down to Wall Street this afternoon to find that kid and buy him a megaphone. Then I'm going to call my lawyer and expediter and get him a permit. For real.
Regarding lamestream media, watch this guy tell the Fox reporter the truth:
Unaired Fox News Interview with "Occupy Wall Street" Protestor
Unfortunately, the guy being interviwed appears to have been chosen based on his ability to articulate political talking points. He is off message for the End the Fed Movement and on message for statist power.
Typical stupid leftist, they always refer to our Republic as a Democracy. And you people criticize the TeaParty after this? All you progressives are going to get steamrolled next November.