Yesterday Ben Bernanke, Chairman of the Federal Reserve Board, was sworn in to another 4-year term. The bearded Ben Bernanke is likely to be the last Chairman, as the Federal Reserve System will be ousted soon. In his remarks after the swearing in, Bernanke vowed, "in the interest of maintaining public confidence and promoting economic and financial stability, we must continue to protect our independence." This statement clearly shows Bernanke is a sworn enemy of the American people. They created the bubble, profited from it, and now refuse to show the reasons why they "had to." The Fed is especially wary of releasing data on monetary policy as their method is a complete charade. The secret agreements the Federal Reserve has made with foreign governments and foreign central banks would invoke the ire of the American people. This is why pressure on the Fed has increased to a fever pitch in recent months as it is clear they have no answers to the debt they have accrued. The Federal Reserve has systematically taken the United States from the most prosperous country to to a teetering, imperialist, bankrupt giant subject to International Monetary Fund audits.
"Some [Most] people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers." -- Congressional Record 12595-12603 -- Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932
Never has the criminality been so overt and apparent. And yet, the head criminal operatives are walking around, appearing on television shows, still proclaiming how lucky the public was that the economy did not collapse. Lifelong Fed employees have taken influential roles inside the White House. Disgusting is the only word to use after a little research. The "catastrophe" they are speaking of is quite similar to the climate catastrophe that was faced by the world in December if countries didn't accept the elite's world carbon tax. Sure, they would have been a run on the dollar, the Fed would have collapsed, but the people would have found a way to live. The people wouldn't have to live under the power of the Fed, funding the warfare/welfare state subjecting the economy to risky booms and busts. The whole concept of private banking posing as a national bank has been a struggle throughout history.
There is no recovery at hand. As much as the idiotic, cheer-leading pundits fill the airwaves with disinformation, what these sycophants are saying about reality is much clearer: "YOU ARE NOT FREE AND I LIKE BEING ON T.V., SO SHUT UP AND FALL IN LINE." No matter how much the public clamors for justice, lawmakers who are fearful of the Federal Reserve are actively campaigning against an audit of the Fed. House Financial Services Committee Chairman, Barney Frank has taken time-out from his gay brothel to try and block the legislation. No matter what these traitors say, collapse was only postponed, not averted. At this point, they are trying to patch the gaping hole in the hull of the Titanic.
The recovery is nonexistent. The leaders that worked out the details of the bailout knew they weren't fixing anything. Hank Paulson knew the bottom was a long, long way off back in 2008 when he was questioned about the housing market. No one knows where the bailout money went (though The National Pulse has a good idea: peoples' pockets). TARP czar Elizabeth Warren admitted this ridiculous fact on CNBC (at the 2:48 mark).
One should never listen to Obama about the economy because he is interested in one thing: bringing austerity measures to America. As it pertains to economics, austerity is defined as measures taken by a government to pay back creditors. Usually this means a cut in government welfare programs and other amenities delivered by the state. Everything Obama does is geared to help the IMF come in and foreclose on America. He talked about a "spending freeze" in the State of the Union. This is clearly insane as the whole premise of the bailout bill was to spur the econmy and "dig out" of the recession. This idea was stupid to begin with but a spending freeze makes their whole argument ludicrous and wrong. He wants the IMF to come in and buy up everything real cheap.
In the meantime, Obama wants to change the social structure of the country and make everyone dependent on the government. Like this page has noted before, the main reason Obama wanted the health care bill was to bring further bring people under their control. Buried in the bill are the measures to implant the population with microchips. That way, the international bankers would have what they always wanted- an absolute planned economy; complete control.
Above and beyond the fact that usury is morally wrong, the Federal Reserve and International Monetary Fund's meddling in this country must be stopped to avert the violence that will ensue because of the Fed's psychopathic refusal of transparency. We cannot wait for our gutless leaders to stand up. Almost all have been completely compromised either by the Fed's phony money or threats of repercussions. It all seems very scary and it is.
However, The National Pulse and its devoted readership are too smart and resilient to wilt when the Fed finally is forced to use force. We are not afraid. For a long time, we have known that they are very afraid and this is unfortunate for the country. However, whatever they do now will be so obviously false, their motives so transparent, their insidious efforts will be laughable.