Time To Merge Federal Reserve Into U. S. Treasury

This news article posted today by Bloomberg "Democratic Congress May Adjourn, Leave Crisis to Fed, Treasury" says it all:

The Democratic-controlled Congress, acknowledging that it isn't equipped to lead the way to a solution for the financial crisis and can't agree on a path to follow, is likely to just get out of the way.
. . .
One reason, Senate Majority Leader Harry Reid said yesterday, is that ``no one knows what to do'' at the moment.

What this means to me that our representatives are being told to get out of the way of using public debt to buy up TITLE to be transferred into PRIVATE hands. This is a way for our representatives to be able to say that they were NOT responsible for whatever happens.

That is exactly what the financial predators desire. These sociopaths have got to be laughing out loud while rolling on the floor. They get TITLE and the public gets DEBT. That certainly would explain why top executives of these bankrupt companies received such exorbitant payoffs. They were rewarded for doing exactly as they were told; sell out the employees, the pensions and the public's investments.

If our country's central bank must borrow from its citizens, then at least the PUBLIC should own TITLE. That would stop this "heads I win, tails you lose" game once and for all. Sure, it could possibly lead to more inflation. But I ask, do we have to live under the thumb of a few sociopathic individuals and still be legally obligated for this enormous debt? And to pay interest, too? If the Feds are going to create this money out of nothing, at least the public should not have to pay interest in real blood, sweat and tears on their creation, AND give up TITLE, too!

That's been these financial predators' goal for over four hundred years, to "own the earth in fee simple." This has always meant acquiring TITLE. Through banking schemes, they have figured out the way to acquire TITLE using your future income and the future income of your children and their children. This is exactly what "to privatize" means; we own you.

Those who own their homes and businesses in fee simple might think they're safe. You are not. What happens to the TITLE of your business and property when you cannot pay these coming exorbitant taxes demanded by the STATE? The STATE then forces you to sell to the financial predators.

So now really is THE end game. Congress could stop this nonsense once and for all by putting the Federal Reserve under public control, for better or worse, so that TITLE would also remain under public control!

If not, then The Dragon Wins

---

© 2008 by Edward Ulysses Cate
Help Support This Site
Commentary Index:
Home: