Friday 8 January 2010

Part 4/10  "The FED, Root Of All Evil?"
A write-up in ten parts on "The Fall of America and the Western World" 

November, 2009 - Jimmie Rivers

"I've been involved with journalism for a long time. Recently, I was allowed to screen an advance copy of "The Fall of America and the Western World" featuring David Icke, Alex Jones and many more. The last time something changed my world view to this degree dates back to the United States Banana Republic days of the 60s. Remember, I'm an old-school, jaded journalist and yet this movie delivered an epiphany: this is the story of the decade.

"If you been with us since the beginning of this series, then you are up to speed on how and why it got spiked. You also will know that I've decided to take matters into my own hands. I am going ahead with the story as written; all ten parts in their complete, uncensored, unfiltered, non-redacted form.  I would like to thank Mr. Icke for allowing me to interview him as part of this story, and for his help in getting the story to you.

"I sincerely hope that I can convey the story well enough to convince you to get the film and watch it. I hope you tell your friends about it. But most of all, I hope you will join me in some participatory journalism. If you agree with me that "The Fall of America and the Western World" is a story that must be told, please email my editor and let him know why you think this story needs to be published. Together we just might be able to make a difference, and get the story into mainstream media where it will do the most good.

"At the end of each part in this series, I will offer an observation. Reasons why you need to watch "The Fall of America and the Western World" yourself. More on Jimmie Rivers can be found at the conclusion of this part of the story.

"Enough preamble. Here's the fourth part of the story."

Jimmie Rivers


 

United States monetary policy is controlled by the Federal Reserve System which is a banking cartel formed for the purpose of bettering the interest of the banks.   It's a classic case of the fox guarding the hen house.

But what exactly does that mean to you?  

Quite simply, if your portfolio consists largely of dollar-based assets, you're in trouble.

If you remember, the first recipients of Federal Bailout Funds were the banks.  And guess who's going to be stuck with the bill?  That's right, you and me.
It's interesting to note that while the President selects the Chairman of the Federal Reserve, he cannot fire him.
Small wonder then that Congressman Ron Paul introduced legislation to audit the Federal Reserve System.  


"The reality is the President does not select the Chairman of the Federal Reserve System, but the Federal Reserve System selects the President."

G. Edward Griffin


G. Edward Griffin has spent much of his life studying, and is one of the foremost authorities on, the Federal Reserve System.  Recently he commented on this legislation.

"I have mixed emotions about it.  I like the idea of auditing the Fed because it's a means of bringing the attention of the public to the fact that there might be something fishy there.  As far as expecting anything to come out of it is concerned, I don't have much faith in that.  First of all, we don't need to audit the Fed, I think we need to abolish it.  I think what we may see if this bill goes through is that we've given a lot of congressmen who would never vote to abolish the Fed a chance to make a grandstand.  It makes them look good to their constituents.  It will be a whitewash."

G. Edward Griffin 

Not to be outdone, Democrats in the Senate unveiled their own legislation to deal with the Fed.

So here we stand on the brink of a financial precipice through no fault of our own.  But if we look at the stated purpose of the Federal Reserve (as described in their own words) we begin to see who's pulling the puppet strings.

  1. Conduct the nation's monetary policy by influencing monetary and credit conditions in the economy.
  2. Supervise and regulate banking institutions to ensure their safety and soundness.
  3. Maintain stability of the financial system and contain systemic risk
  4. Provide financial services to depository institutions, the U.S. government. foreign official institutions and operate the United States payment system.


Given the current state of the economy and how we got here leaves us with only three possible causes:

  1. The Fed did a horrible job.
  2. The Fed is run by stupid people.
  3. The Fed has us exactly where they want us.

The reality is that a private banking cartel, with no real allegiance to the United States, has devalued the dollar through relentless
printing of trillions of them.

The parallels to the Weimar Republic and its hyperinflation are significant. Now that the foreign investors have woken up to the fact that the dollar is no longer sound, the United States is running out of "suckers" to finance our continued overspending. Meanwhile, it's full speed ahead on the printing presses. 

THE CAUSE OF HYPERINFLATION IN THE WEIMAR REPUBLIC

The various belligerent Governments, unable, or too timid or too short- sighted to secure from loans or taxes the resources they required, have printed notes for the balance."

John Maynard Keynes 


Again, what that means to you is if your portfolio consists largely of dollar-based assets, you're in trouble.

Pop Quiz: Which of these are dollar based assets?

  1. Gold and Other Precious Metals
  2. Art and Stamp Collections
  3. Real Estate
  4. Foreign Currency
  5. Commodities

Answer: None of these are dollar-based assets.

If you're planning to retire in the next few years and your retirement fund and long terms savings are in dollar-based assets you are playing with fire.

Without a complete understanding of The Fed, and other members of the Power Elite who are pulling the strings, you're like the guy in the poker game who wonders who the sucker is (if you can't tell who the sucker is, then it's you.) If you don't know exactly how we got in the mess we're in, how on earth do you plan to get out of it when the next round of economic disaster hits?

TO DO NOTHING IS TO RISK EVERYTHING

The best place to get the information you need to survive these troubled times is found in "The Fall of America and the Western World." This nine disc DVD box set contains information and advice, from some of the best thinkers of our time, to help you prepare and live through the Greater Depression that's just around the corner.  It contains not only financial and investment strategies, but advice on how to protect yourself from the possibilities of the police state, mob rule, martial law, barbarians at the gate and more.

 


 "What I've seen of "The Fall of America and the Western World," I'm very impressed with it. It certainly is easy to see we're in trouble. The hard part is what we're going to do about it."

G. Edward Griffin

"The Fall of America and the Western World" contains over 150 actionable tips to help you deal with the current economic meltdown.

"What we're seeing now are the signs that they're now manipulating the bust in this very way to create as much chaos and panic and fear as possible. Because panic, fear and chaos are a manipulator's dream."

David Icke 

This nine hour, eight DVD box set features: David Icke; G. Edward Griffin; Doug Casey; Dr. Paul Craig Roberts; Professor Mark Crispin Miller; Joseph Farah; Naomi Wolf; Alex Jones; Mickey Z; David McAlvany; Doug McIntyre; and Ken Klein.

###

Jimmie Rivers is the pen name of an Emmy nominated, former CBS News director in a top 20 market. Mr. Rivers also served as publisher of an investigative journal with its state's largest paid circulation. For several years he worked for one of the nation's highest profile advertising agencies. His work, under his real name, has been seen in many mainstream publications over the years.

"Recently, I had the privilege of interviewing several of the participants in "The Fall of America and the Western World" including Mr. David Icke. From these conversations, as well as a thorough screening of an advanced copy of "The Fall of America and the Western World" DVD, I found myself fascinated, troubled and thoroughly frightened."

"Let's talk hypotheticals. Imagine a country where private banks, not the government controlled the currency. A society where the majority of incarcerated criminals were guilty only of burning plants. Conjure up a country where by law, any crime, including jaywalking, could result in a charge of treason and immediate open-ended detention without legal representation. Think of an existence where your residence is photographed and data based, your purchases, location,
conversations and correspondence are all monitored. The government is a one-party system that lies and dictates. Sounds pretty horrific, doesn't it? Wouldn't want to live there, would you? Except, if you are residing in the United States, you already are. Find out the real truth about loss of freedom, invasion of privacy, and what Big Brother has in store for you next in "The Fall of America and the Western World."

"To that end, I've asked that you email my editor if you believe, as do I, that this is a story that must be published. For those of you who have done so, I thank you. I know you are making an impact...this past week, my editor asked me 'Who are these people?' Fortunately, the conversation was by phone so he could not see the grin on my face when I responded, "Which people?' For those of you who are still sitting on the fence, I ask that you get involved...truly you are making a difference."

Jimmie Rivers

Don't miss next week's installment: "Inflation, Next Stop On The Road To Ruin" part 5/10 of Jimmie River's write-up of "The Fall of America and the Western World".