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The Federal Reserve reported a $45 billion profit for 2009, making it the most profitable financial institution in the nation. Many news outlets put a positive spin on this report, saying it was great news for the economy and the financial sector. Are they right about that? Or could the full story of what happened represent a direct threat to the value of your savings and your retirement investments? Let’s take a short look at the story behind the headlines, and the personal implications for you and your family.
As we all know, the large banks were in deep trouble in 2008 and 2009. The subprime mortgages were the trigger, but the problems rapidly spread into other investments. Markets totaling trillions of dollars were in danger of collapsing because of a lack of buyers.
Enter the Federal Reserve. This next part of the story is where 99% of the country usually stops reading. Because the concepts and vocabulary get a little obscure. That’s what Wall Street is counting on – you not finishing this short article. Because that’s the perfect way to steal by the trillions – do it in plain sight, but in such a manner that the people are blind to what you’re doing. Keep reading, and let’s shine a light on what has been done, and why you should be personally concerned.
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I have to laugh. The FR makes 100x that for its owners with its scams and crafty deals. Most of it made from printing out of thin air and the BS federal income tax.
ReplyDeleteThis is an unaudited non-government institution. I can tell you I made or lost 100 million last year. If you can't verify it, you either believe it out of faith or call me a liar.
ReplyDeleteThe Fed owners give new meaning to the word liar.
The coming financial holocaust for these groups is so preventable yet inevitable.The system is rotten to the core.We need a radical paradigm shift .This will only come with major social and economic upheaval and or war.The potential for the rise of a Hitler type persona is very real.The futures not looking too good at this point.Forget Obama and change.The only thing he and his cabal of corrupt self serving elitist puppets will be their underwear.
ReplyDeleteThe danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.
ReplyDeleteyadda yadda yadda
ReplyDeleteLife goes in, the more things change the more they stay the same
............yawn........
at the end of the day we will all be fine
I don't care about Obama the man whatsoever. He is a nobody. A cardboard standee owned by the political Zionist banksters.
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ReplyDelete