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Before reading this:
(1) note the SARB in the media concerning the fact that it is a private bank with 7 private shareholders.
(2) over a year ago I posted this: http://www.theforumsa.co.za/forums/s...hlight=linking
I will say it again...the banks are here to chip your families....have fun!!!
Today at 8:49pm
By: Sorcha Faal, and as reported to her Western Subscribers
A grim report given to President Medvedev today by Finance Minister of the Russian Federation Alexei Kudrin is stating that the private European banking conglomerate known as the United States Federal Reserve System, that basically rules over the finances of America, has given a “shock warning” to President Obama that they do not intend to renew the charter granted to them in 1913 by the US Congress and is set to expire on December 21, 2012, which (coincidentally?) is also the exact date that the controversial Mayan Calendar predicts will be the ending of our present age.
Even worse for the American people, this report says, is that in the Federal Reserves notification to Obama they further stated that they only intend to pay back the US Government $156.3 Billion from out of their “huge profits” gained from their looting the United States Treasury of an estimated $23.7 Trillion.
Interesting to note about these events is that for the first time known, the “mainstream” American press is beginning to align themselves with those of us
who have long warned of this banking monstrosity and their deliberate destruction of the US economy, and as we can read as reported by the Bloomberg News Service in their January 29th article titled “Secret Banking Cabal Emerges From AIG Shadows”, which says:
“The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.
Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.
We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system -- apart from the matter of AIG’s bailout -- deserves further congressional scrutiny.”
To Bloomberg’s admission of this “secret banking cabal” that is destroying the American economy we can further read as reported by Canada’s Center for Research on Globalization:
“As we have constantly emphasized, as the global government and the financial takeover accelerates, it’s becoming harder and harder for the elite to hide the true intention of what they are doing, which is centralizing power into fewer hands, destroying sovereignty and creating a one world order run by an unelected, undemocratic authoritarian system.
So whereas “conspiracy theorists” were once sidelined as paranoid kooks, as more and more of what they warned about comes to fruition, they gain more credibility and the establishment finds it more difficult to neutralize what they are saying by means of character assassination.
The Bloomberg writer’s admission that the “conspiracy theorists” were probably right reminds us of former Clinton advisor Dick Morris’ appearance on Fox News last year, when he pointed out that people who have been sounding the alarm bells over a global government takeover for decades have also been vindicated.
“Those people who have been yelling ‘oh the UN’s gonna take over, global government’, they’ve been crazy but now – they’re right!,” stated Morris on Sean Hannity’s show.”
To the dramatic shift of the “mainstream” American news in telling their citizens the truth of what is happening to them we can see further evidenced by a New York Times article posted today which actually gives these peoples sound advice, and as we can read from their story titled “No help in sight, more homeowners walk away”, and which says:
“We’re now at the point of maximum vulnerability,” said Sam Khater, a senior economist with First American CoreLogic, the firm that conducted the recent research. “People’s emotional attachment to their property is melting into the air.”
Suggestions that people would be wise to renege on their home loans are at least a couple of years old, but they are turning into a full-throated barrage. Bloggers were quick to note recently that landlords of an 11,000-unit residential complex in Manhattan showed no hesitation, or shame, in walking away from their deeply underwater investment.
“Since the beginning of December, I’ve advised 60 people to walk away,” said Steve Walsh, a mortgage broker in Scottsdale, Ariz. “Everyone has lost hope. They don’t qualify for modifications, and being on the hamster wheel of paying for a property that is not worth it gets so old.”
Mr. Walsh is taking his own advice, recently defaulting on a rental property he owns. “The sun will come up tomorrow,” he said.”
To how bad the Federal Reserve System (which many call the World’s largest Counterfeiter) has destroyed the American economy is evidenced in their destruction of the US Dollar which has lost over a quarter of its value in the past 8 years, and what a single Dollar could buy in 1913, when this secret banking cabal began to strangle these people, would cost $21.67 today, and which comes out to a shocking inflation rate of 2067.0%!
And, most unfortunately, it is going to get worse as new reports are showing that the Baltic Dry Index (the World’s most reliable indicator of future economic growth) has collapsed over 40% in the past 10-weeks signaling the worst of this Global financial crisis is yet to come."
(snip) ...
Read the complete article at this website:
(1) note the SARB in the media concerning the fact that it is a private bank with 7 private shareholders.
(2) over a year ago I posted this: http://www.theforumsa.co.za/forums/s...hlight=linking
I will say it again...the banks are here to chip your families....have fun!!!
Today at 8:49pm
By: Sorcha Faal, and as reported to her Western Subscribers
A grim report given to President Medvedev today by Finance Minister of the Russian Federation Alexei Kudrin is stating that the private European banking conglomerate known as the United States Federal Reserve System, that basically rules over the finances of America, has given a “shock warning” to President Obama that they do not intend to renew the charter granted to them in 1913 by the US Congress and is set to expire on December 21, 2012, which (coincidentally?) is also the exact date that the controversial Mayan Calendar predicts will be the ending of our present age.
Even worse for the American people, this report says, is that in the Federal Reserves notification to Obama they further stated that they only intend to pay back the US Government $156.3 Billion from out of their “huge profits” gained from their looting the United States Treasury of an estimated $23.7 Trillion.
Interesting to note about these events is that for the first time known, the “mainstream” American press is beginning to align themselves with those of us
who have long warned of this banking monstrosity and their deliberate destruction of the US economy, and as we can read as reported by the Bloomberg News Service in their January 29th article titled “Secret Banking Cabal Emerges From AIG Shadows”, which says:“The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.
Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.
We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system -- apart from the matter of AIG’s bailout -- deserves further congressional scrutiny.”
To Bloomberg’s admission of this “secret banking cabal” that is destroying the American economy we can further read as reported by Canada’s Center for Research on Globalization:
“As we have constantly emphasized, as the global government and the financial takeover accelerates, it’s becoming harder and harder for the elite to hide the true intention of what they are doing, which is centralizing power into fewer hands, destroying sovereignty and creating a one world order run by an unelected, undemocratic authoritarian system.
So whereas “conspiracy theorists” were once sidelined as paranoid kooks, as more and more of what they warned about comes to fruition, they gain more credibility and the establishment finds it more difficult to neutralize what they are saying by means of character assassination.
The Bloomberg writer’s admission that the “conspiracy theorists” were probably right reminds us of former Clinton advisor Dick Morris’ appearance on Fox News last year, when he pointed out that people who have been sounding the alarm bells over a global government takeover for decades have also been vindicated.
“Those people who have been yelling ‘oh the UN’s gonna take over, global government’, they’ve been crazy but now – they’re right!,” stated Morris on Sean Hannity’s show.”
To the dramatic shift of the “mainstream” American news in telling their citizens the truth of what is happening to them we can see further evidenced by a New York Times article posted today which actually gives these peoples sound advice, and as we can read from their story titled “No help in sight, more homeowners walk away”, and which says:
“We’re now at the point of maximum vulnerability,” said Sam Khater, a senior economist with First American CoreLogic, the firm that conducted the recent research. “People’s emotional attachment to their property is melting into the air.”
Suggestions that people would be wise to renege on their home loans are at least a couple of years old, but they are turning into a full-throated barrage. Bloggers were quick to note recently that landlords of an 11,000-unit residential complex in Manhattan showed no hesitation, or shame, in walking away from their deeply underwater investment.
“Since the beginning of December, I’ve advised 60 people to walk away,” said Steve Walsh, a mortgage broker in Scottsdale, Ariz. “Everyone has lost hope. They don’t qualify for modifications, and being on the hamster wheel of paying for a property that is not worth it gets so old.”
Mr. Walsh is taking his own advice, recently defaulting on a rental property he owns. “The sun will come up tomorrow,” he said.”
To how bad the Federal Reserve System (which many call the World’s largest Counterfeiter) has destroyed the American economy is evidenced in their destruction of the US Dollar which has lost over a quarter of its value in the past 8 years, and what a single Dollar could buy in 1913, when this secret banking cabal began to strangle these people, would cost $21.67 today, and which comes out to a shocking inflation rate of 2067.0%!
And, most unfortunately, it is going to get worse as new reports are showing that the Baltic Dry Index (the World’s most reliable indicator of future economic growth) has collapsed over 40% in the past 10-weeks signaling the worst of this Global financial crisis is yet to come."
(snip) ...
Read the complete article at this website:
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