Could attacking the Fed be a political

[newspresenter]

...breakthrough for Americans?


The Federal Reserve caused the current economic crisis by suppressing interest rates and creating the housing bubble, Texas Congressman Ron Paul, Euro Pacific Capital president Peter Schiff, and others have charged. And now there’s finally been enough political push-back for the damage the Federal Reserve has wreaked that the Fed will be hiring a lobbyist.

Could the Fed be anticipating an Enron-style collapse? The political tides seem to favor a political debacle for the Fed, and even some former Fed officials are realizing it. “Some members of Congress think there are votes in attacking the Fed” after it “unnecessarily and unwisely entangled monetary policy with fiscal policy,” former St. Louis Fed President William Poole told Bloomberg.com.

Analysis in major television and Internet media by Rep. Paul’s adviser Peter Schiff in particular have put the Fed in a poor light, and the incredibly accurate analysis by Schiff led to more media exposure after the economic crisis began. He’s expected to appear on Comedy Central’s Daily Show this week (Tuesday, June 9). That’s bad news for the Fed, but it may not be the end of the bad news for the recession-causing body. Rep. Ron Paul’s upcoming book End the Fed (due out in September) is likely to become a New York Times bestseller, just like his The Revolution: A Manifesto last year.
http://www.thenewamerican.com/economy/commentary-mainmenu-43/1202

[ernie]

It could be great, if they were audited and found to have acted criminally, then the US gov could punish them by neutralising the debt and the IRS. The world could be a better place.

I'm sceptical. If they audited the FED and it was found to have acted in a criminal way, I would say it was an orchestrated move to finally dissolve the value of the $ in the mire of corruption, leaving the way open for the IMF and World Bank to create the Amero or even an agreed global currency. Everyone would clap at the demise of the criminal slave master FED. Unfortunately, the same money and families are behind the IMF and World Bank, but well hidden. They would just be changing badges.

I believe Ron Paul to be a good man and his goals seem true and good, but many believe,as I do, his advisor Peter Schiff is a pure blood family member of the Illuminati/ NWO whatever you want to call them. His family helped to orchestrate the FED into life and is right up there with the Rockefellers and Bushes in their dealings with Nazi Germany and the financing of Germany in WW2 and Himmler's global corporate network. Not a man I would have any faith in whatsoever.

Below is a comment quote from http://www.dailypaul.com/node/30220

You can make up your own mind about Schiff and whether the ambiguity is enough for you to make your mind up over.

The Schiffs shared a house with the Rothschild family in Frankfurt in the later half of the 18th century. The Rothschild sons (the "5 arrows") went on to capture control of the banking markets in the major capitols of Europe, culminating in Nathan Rothschild's seisure of control of the Bank of England in 1815. Later, Jacob Schiff moved to the US and married into the Loeb family (and took control of Kuhn Loeb & Co., still one of the owning banks of the Federal Reserve ... when you see 'Kuhn, Loeb & Co'., read: Schiff). He arranged loans (of Rothschild money, essentially) to J.D. Rockefeller beginning in the 1860's (I think) through the National City Bank of Cleveland. With that virtually limitless supply of capital, Rockefeller was able to create an oil monopoly in the US, making the Rockefeller family very powerful, and, since the Rothschilds had made similar moves to win the Morgans (banking) Harrimans (railroad), and other industrialists, bankers and congressmen into their court, this set the stage for the coup of 1913 - the establishment of the Federal Reserve Bank System.

I have come to believe that this is the way they will bring in the new global currency, and the demise of the FED would be a global event. The demise of the $ would impact on a global scale and appeasement to all other countries for this demise, rather than war, would be the New World Order Bank, in which all those losing out because of the demise would be placated with financial deals and instruments as reparation for their losses.

Just my view, Schiff may have changed or may not. It just doesn't sit right with me though.

[motleyhoo]

I have no idea if blowng up the Fed means the IMF will come in and force us to take a world currency, but the Fed needs to go. they are nothing but a criminal cabal of financial enslavement that has robbed our country of trillions of dollars and poisoned our govt.

As for Peter Schiff, whether or not he's working for the NWO is superfulous to that fact that he is right about the Fed, and he was one of the few economy pundits out there who correctly tried to warn everyone about the housing bubble as far back as 2005. His essays about the corrupt relatonships between Wall Street and Congress are very lucent and 100% spot on.

.

[yozhik]

I have no idea if blowng up the Fed means the IMF will come in and force us to take a world currency, but the Fed needs to go. they are nothing but a criminal cabal of financial enslavement that has robbed our country of trillions of dollars and poisoned our govt.


I read that the Fed (or was it the treasury) is, in fact, the IMF.

Not sure if it is just an urban myth, but I have seen claims that the Social Security checks (sic) in the U.S are now drawn directly from the IMF.
The payer has very quietly been changed, from the original payer account name.

Can any of our American brothers or sisters comment on this?

Urban myth, or factual?