Thursday, December 2, 2010

Covert Ops

There will be no more isolation
In our secret separation
You touched my heart so deeply
You rescued me, now free me
--The Fixx

The Fed kicks and screams at every effort made to transparentize its operations. Recent evidence of printing and lending to foreign entities provides a sense as to why.

Central banks are serial money printers. That is their core competence.

The Fed prints and lends $3+ trillion off budget to anyone it wants with no accountability. Ron Paul is correct to call this criminal (and unconstitutional) action.

The longer we buy into the notion that the Fed is an 'independent' agency that does not need to be accountable to the American people, the poorer we will be.

position in Treasuries

1 comment:

dgeorge12358 said...

In reality the workings of your governing system are opaque and covert, while hiding in the chattering spotlight of an ostensible transparency, even though the ultimate objective is clear.
~Breyton Breytonbach