WTF! Are Progressives Seriously Defending the Federal Reserve? |
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By David DeGraw, AmpedStatus
This is just a quick note that I need to write to keep my head from exploding. I’m not going to name names, but you know who you are.
Watching Progressives defend the Federal Reserve is one of the most horrifying developments I have seen, and we all know how horrifying things currently are. Just because some Republicans have come out against the Fed’s QE2 policy, doesn’t mean that you should think the policy is a good thing.
Don’t be such a reactionary partisan hack!
Do you know anything about economic policy? Do you know that we live in a global economy? Do you have ANY understanding of our current economic crisis?
Do you know that the Federal Reserve is the main reason why we are in this mess?
Do you know that the Federal Reserve is a covert operations front for many of the dirtiest dealings on Wall Street? Do you know that the only thing the Fed cares about is protecting the interests of the global banking cartel that has looted our country?
EVERYTHING they do has a primary goal of artificially inflating (creating bubbles) the stock market so global banker bonuses can keep pouring in (at all-time record levels) at the expense of the American people.
Here’s a quick list of things the Fed has done to enrich a small group of global bankers at everyone’s expense.
The list goes on…
If you think the Federal Reserve is trying reduce unemployment and help the middle class, I have some MBSs that you should buy. Give me a call and I’ll give you some of the inside info that the Fed gives to Goldman, JP and Citi, so you too can frontrun the American people and rob this country blind.
Technically speaking, the Federal Reserve is a financial terrorism network. The Federal Reserve board should all be given life sentences for crimes against humanity.
Anyone who calls themselves a Progressive should be attacking the Federal Reserve!!!!
If you are going to defend the Federal Reserve, you might as well go out and buy an Obama 2012 billboard and build yourself a house out of it.
Get a clue!
Maybe some cartoon creatures can help you out:
Or maybe Matt Taibbi can help:
Here’s how I really feel about it: We Need A Rally To Restore The Rule Of Law And/Or The Constitution
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Previous Comments:
Will said:
Ha! Funny shit.
It’s all because Palin spoke out against it. I swear I think Palin was told to do it just so Democrats would counter her and support their own demise.
The worst part is that Obama has once again sold-out and supported it. Obama is Bush III. Just because he speaks soooo nicely and says he’s a Democrat doesn’t mean shit.
WAKE UP PEOPLE!
November 19th, 2010 at 1:23 pm
Elwood Anderson Las Vegas NV said:
The Fed isn’t trying to create jobs. It’s trying to stimulate the market to make the wealthy and the bankers whole, while destroying the economies of developing countries and the value of the dollar. The criminals are running the country. It’s time for debtors to walk away from their debts and start spending their income. That will create demand and punish the creditors that are strangling governments and taxpayers around the world. What are they going to do, put everyone in jail? Who would clean their pools and wash their limos? If ordinary people take this lying down they are fools. Pundits should stop advocating for the wealthy and their bankers and start advocating for average people that are bearing the brunt of this mess. The Fed is doing absolutely nothing for the average Joe and Jane and their children and grandchildren.
November 19th, 2010 at 1:28 pm
Linda said:
I consider myself to be a proud Progressive and I have to agree with David.
I have read several articles written by people who I admire that have been, if not supporting the Fed, have been very hesitate in criticizing them. I think people are just so desperate for something to be done to stimulate the economy, and we know congress will do nothing, so they support any policy that spends money. Which just shows you how screwed we really are.
Bottom line however, we should not be desperate enough to let the criminals come up with another policy ploy. QE2 is slightly different from QE1, but we see where that got us and I don’t see how any serious economist would say that QE2 is actually going to create jobs.
Just my QE2 cents
November 19th, 2010 at 1:45 pm
bob said:
I’m all for the debtors walking away, but then we would see the true purpose of the Patriot Act and every other piece of “anti-terrorism” legislation, to lock up Americans who are sick and tired of giving their life savings to the fucking bankers.
November 19th, 2010 at 1:58 pm
F. Tanlow said:
Sarah Palin is supported by Lynn Forrester de Rothschild, wife of Evelyn Rothschild, and Rothschild family member involved in the family’ banking business (federal reserve). Sarah’s statements are that of a cipher. She is accordingly repugnant.
November 19th, 2010 at 3:25 pm
Gary said:
I love watching you go postal against the Fed.
If i wasn’t reading your sanity i think my head would explode. When you know what the Fed is all about it is incredibly hard to listen to all these talking heads give them support.
I’ve been deleting bookmarks for every site that comes even close to supporting the Fed.
Get a fucking clue is right!
How is it that so many people STILL do not get that the Fed is the head of the vampire that is sucking the wealth and blood out of this zombie nation.
Please, Please make it stop!
November 19th, 2010 at 3:26 pm
Norman J said:
Illegal private Federal Reserves issuing unbacked fake money, yet another violation of our rights. Add it to the list of gov’t violations of our right:
They violate the 1st Amendment by placing protesters in cages, banning books like “America Deceived II” and censoring the internet.
They violate the 2nd Amendment by confiscating guns.
They violate the 4th and 5th Amendment by molesting airline passengers.
They violate the entire Constitution by starting undeclared wars for foreign countries.
Impeach Obama and sweep out the Congress, except Ron Paul.
(Last link of Banned Book):
http://www.iuniverse.com/Bookstore/BookDetail.aspx?BookId=SKU-000190526
November 19th, 2010 at 4:34 pm
charley hardman said:
uh, can ya start by not destroying language? calling ignorant collectivist tripe “progressive” may be the heart of the problem. orwell was right.
November 19th, 2010 at 5:03 pm
woody said:
Progressive is just another name for communists. Since liberals are pretty much shunned in all circles where real productivity is required. From farmers and ranchers, mechanics, tradesmen, machinists, construction workers, and on and on. People who actually work for a living hate liberals and progressives because the liberals/progressives are known for their advocating of taking more money in the form of taxes and fees from the productive majority.
The Federal Reserve is a progressive idea. In other words a bad idea. Because of the Fed Res, multinational and globalist corporations fund progressive ideas. Hope Depot to Sears to Coca Cola all want wide open borders, no nation-states, global government, egalitarian and heavy progressive taxation. These multinational corporations with billionaire ceo’s fund left wing progressive groups, NGO’s and foundations all around the world.
Of course the Federal Reserve is a natural ally to the liberal/progressive/globalist mindset. Don’t kid yourself.
You are probably a progressive because you never worked a productive day in your life. You could disappear into the ether and no one would miss you. You contribute nothing to society, but you consume and then moan about rampant consumerism. You demand more government, and because you don’t break a sweat in your daily lives, unless you like to exercise, you have no problem with higher taxes.
Face it progressives. The Federal Reserve IS a progressives idea of economic theory. Woodrow Wilson was a PROGRESSIVE!
November 19th, 2010 at 5:51 pm
shawn said:
I can’t believe you people still don’t get it. The FED is the congress and pres. selling out to the bank of england, letting queen, rothschilds, rockefellers rob us blind, the they throw us in jail for criticizing if you tell too many people this. THis is another bailout dummies. Just this time obama changed the laws so they could make it look like they are trying to help. Our gov is criminal. The attorney general is obama appointee. People, the repubs and dems only vote the way they are told. The only time it looks like your rep is doing right is when they already have enough votes to get their way. That way they can keep some in office by looking like they were fighting it. Get it. My senator Inhoff voted against the bailout in 2008. Only because they already had plenty of votes to pass it. See what I mean. You see, the powers know who’s voting which way before it actually comes to a vote. They are ALL told which way to vote and what their “reasoning” is behind the vote. All a zion scam to rob us and make them rich and build a police state based on fake terror. WE do the terrorist attacks. If you are a whistle blower in washington, who are you going to tell. Congress, no, they are part of it. Attorney general, no, part of it. Police, no they are part of it. Then the next election Aipac puts so much money behind your apponent they get you fired and get a new patsy. People, revolution is the only way. They are building police state to bust you and call you a terrorist if you go against them. They are criminals. Wake up. Do you really think I’m lying or wrong?
November 19th, 2010 at 5:58 pm
A. Magnus said:
Both ‘progressives’ and ‘conservatives’ are collectivists who work for Wall Street; their job is to pit different demographic groups against each other and magnify their disagreements so that the fat cat bankers can rob both groups blind. There isn’t a dime’s worth of difference between them. Anyone who thinks otherwise is a duped slave of the system suffering from Stockholm Syndrome.
If you need to belong to a group to acquire validity and self-worth, you are already worthless as an individual. And I hate to break it to you collectivists, but without individuals there is no society. So either start growing your own backbones or get used to the feeling of that statist boot stamping on your faces forever…
November 19th, 2010 at 7:04 pm
Iraq snapshot (C.I.) | thecommonillsbackup said:
[...] [...]
November 19th, 2010 at 7:31 pm
Hill said:
Divide & Conquer + Hegelian Dialect are some of the tools used by those at the capstone of the global pyramid. If we fall for branding ourselves as progressive, conservative, Democrat or Republican, we wind up being controlled from the global center of capital in a vertically integrated, top-down order.
Good luck on breaking out of the chains of bondage!
November 19th, 2010 at 7:50 pm
Political Atheist said:
Great piece! Pretty much nails the two biggest sources of our problems: the federal reserve and the false right/left paradigm. We’ve got to keep fighting and spreading the word. I’m not going to let a bunch of collectivist weenies try to enslave me without a fight. I’d rather die in the wilderness than give in to a bunch of collectivist weenies.
November 19th, 2010 at 9:23 pm
explaining maddow’s ‘popularity’ | thecommonillsbackup said:
[...] [...]
November 20th, 2010 at 12:25 am
Cathy said:
At least I’m not the only one who feels like their head is going to explode! Sometimes finding out facts makes you feel that way.
November 20th, 2010 at 12:22 pm
www.buzzflash.net said:
WTF! Are Progressives Seriously Defending the Federal Reserve?…
This is just a quick note that I need to write to keep my head from exploding. I’m not going to name names, but you know who you are. Watching Progressives defend the Federal Reserve is one of the most horrifying developments I have seen, and we all…
November 20th, 2010 at 3:37 pm
t said:
http://home.hiwaay.net/~becraft/mcfadden.html
here’s what happens when you go against the fed r
November 20th, 2010 at 6:21 pm
99 said:
If i wasn’t reading your sanity i think my head would explode.
Right there. The ENTIRE problem with publishing sanity on the tubes. Nobody wants their head to explode!
SO UNERRINGLY CHOOSE TO READ SANE STUFF TO KEEP THEM FROM DOING ANYTHING TO STOP THE MURDERATING FUCKS OF THE WORLD.
Our heads must explode.
We need to tap dance on the foreheads of fiends. Consoling people this way is counterproductive. The internet keeps the battle purely theoretical. It stays abstract, even when it appears to have an effect. We thought it brought us “Hope and Change“… and I’m sorry to have to invoke Piglips, here, but, “Howz that hopey changey thing workin’ out for ya?” Nope. IN THE FLESH. FACE TO FACE. Or we’re toast.
November 20th, 2010 at 8:37 pm
irategrandmother said:
Yes we need a rally to restore the rule of law. When and where? I’ll be there. Someone needs to lead the way.
November 20th, 2010 at 10:21 pm
GoodNews said:
It’s useless trying to appeal to them because they are driven by greed. It is the same as the 3rd Reich, but worse. Get out of the country if you can. Don’t be an Anne Frank.
http://www.youtube.com/watch?v=LrPdZmPB36U
November 21st, 2010 at 6:10 pm
Henry George said:
I’m glad to see you’re not defending deflation and not confusing market manipulation with inflation. The Fed is ultimately just the 1913 Godfather for the big banks. The bigger problem is fractional reserve banking. And gold is not the answer. Gold would make monetary theft worse.
November 22nd, 2010 at 3:33 am
Henry George said:
The answer is a public debt-free currency, where monetary expansion necessary to prevent the deflation resulting from economic growth is spent into circulation without borrowing and in lieu of taxation on the productive, who created the need for monetary expansion. The power to issue and regulate the value of the currency needs to be taken from the banks. Congress has the duty to issue and regulate the value of the currency, not banks. End the Fed. End fractional reserve lending.
November 22nd, 2010 at 3:36 am
Henry George said:
ron paul and the austrian school of economics is not who you think they are. they are neo-feudalists. they are part of the red symphony. the austrian school of economics was funded by the rockefeller foundation and the william volker fund (paul volker, world government). the austrian school of economics was a banker/globalist funded hi-jacking of classical liberalism. the austrians are wrong when it comes to money and land, the two most important economic issues. monetary theft and economic rent is how the rich steal from the poor. bilderberger peter thiel funds ron paul. ron paul partnered with a pnac board member to promote a world gold standard. george soros and the church of scientology funnels a lot of very soft money into libertarian activism. the libertarian party is the party of benedict arnolds. the founding fathers all agree that land should be progressively taxed. they also limited the states to only mint gold and silver coins because adam smith debunked “free market” or competing currencies. however, they gave congress the duty to issue and regulate the currency. they didn’t limit congress to gold and silver. congress and presidents were bought off by bankers from the very beginning, and they gave the bankers the power to issue and regulate the value of the money through banking charter laws and fractional reserve banking. first they used gold and silver. then they got rid of silver in 1873. then they got rid of gold in 1933 and eventually completely off it 1971. however, they kept their biggest fraud, fractional reserve banking. the founding fathers only used gold and silver in the beginning because the world was on a world gold standard. you couldn’t trade with europe except through bank notes partially backed by gold and issued by bankers as debt. they left the constitution open hoping someone would figure it out. lincoln figured it out, and you know what happened to lincoln. then, grover cleveland did away with both silver and the greenback and caused a deflationary depression in what was known as the crime of 1873. don’t learn about history from your favorite kool-aid provider because they’re all gate keepers. learn directly from the source and apply critical thinking skills. the rabbit hole is deeper than you think. jesus lost his temper at the moneychangers for a reason.
November 22nd, 2010 at 3:59 am
Henry George said:
and the william volker fund is starting to pay dividends. ron paul and the world bank chairman are promoting a world gold standard. debra medina is promoting tax free land so the banks, er, land barons, can buy it all. back to the old world order we go.
November 22nd, 2010 at 4:02 am
Henry George said:
ron paul supports deregulation of financial derivatives. ron paul supports the “free market” activity of the big banks consolidating information into 5 corporations. ron paul supports a world government because he supports a world gold standard. the world bank is more dangerous to our liberties than the united nations itself. a world gold standard would be an international federal reserve act of 1913 (which was a gold standard based on fractional reserve banking). a 100% gold reserve would result in the most hideous form of mass theft from those who produce to those who hold gold because gold would have to sky-rocket in value to represent the world’s wealth (hyper-deflation) or the world’s wealth would have to be destroyed with hyper-unemployment. ron paul is a benedict arnold. put down the austrian kool-aid and learn what classical liberalism was really about.
November 22nd, 2010 at 4:12 am
Maxwell said:
It’s hard to put all the little bits of info together to create the bigger picture. Henry George is getting close but the con/scam goes back much further. The following articles will help you see the ‘big picture’ and with it an awareness of who you really are (it’s not your birth certificate). Enjoy
http://www.ultimate-wealth-made-easy.com/divine-remedy.html
http://www.ultimate-wealth-made-easy.com/pay-off-debt.html
November 22nd, 2010 at 4:56 am
Revolution Roundup #1: Silver Bullets, Bank Runs and Bomb Threats | Amped Status said:
[...] WTF! Are Progressives Seriously Defending the Federal Reserve? [...]
November 22nd, 2010 at 4:13 pm
TyVig said:
David, I respect you but, get a clue. This is who the progressives are. They are the Communist New World Order. And the Federal Reserve, WMF, UN et. al are their masters.
“It will probably be a World Socialist Government, synthesizing western capitalism and eastern communism. In fact, Joseph Stalin in a speech at Sverdlov University in April 1924 pronounced that “the amalgamation and collaboration of nations within a single world system of economy… constitutes the material basis for the victory of socialism.”
November 30th, 2010 at 9:36 am
TyVig said:
I found one other qoute I’d like to add to my initial reply:
“Antony C. Sutton, economist, historian and author, as well as research fellow at Stanford University’s Hoover Institution, wrote in Wall Street and the Bolshevik Revolution, that both fascist and communist systems are “based on naked, unfettered political power and individual coercion. Both systems require monopoly control of society. While monopoly control of industries was once the objective of J.P. Morgan and J.D. Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood that the most efficient way to gain an unchallenged monopoly was to ‘go political’ and make society go to work for the monopolists,” and that, “the totalitarian socialist state is a perfect captive market for monopoly capitalists, if an alliance can be made with the socialist powerbrokers.””
November 30th, 2010 at 9:40 am
GavInTucson said:
This really isn’t a left-right issue. I’m a conservative/libertarian that would end the Fed tomorrow if I could.
To answer the question asked in the title of this article… I can only answer to the truth. Progressives (in 1913, under Wilson) created the federal reserve.
We need to abolish the Fed and return the power of coining and regulating our money unto the government, per the Constitution.
December 7th, 2010 at 1:02 am
TyVig said:
GavInTucson – While agree mostly with what you write (I too consider myself to be conservative/libertarian (leaning more libertarian)); consider which side of the isle MOST supports those criminal institutions politically through their uninformed (or even informed vote).
“It will probably be a World Socialist Government, synthesizing western capitalism and eastern communism. In fact, Joseph Stalin in a speech at Sverdlov University in April 1924 pronounced that “the amalgamation and collaboration of nations within a single world system of economy… constitutes the material basis for the victory of socialism.”
The contemporary American right is most anti-statist and seems to be most informed on what promotes individual liberty. If the “progressives” can’t or won’t open their eyes to the reality of who and what Obama et al. is then, they are the enemy. Just as I consider blind cult followers of Bush to be… Just some thoughts.
December 7th, 2010 at 11:42 am
Complete List of David DeGraw’s Reports | David DeGraw said:
[...] WTF! Are Progressives Seriously Defending the Federal Reserve? [...]
September 27th, 2011 at 4:33 pm
Archive of David DeGraw’s Reports | AmpedStatus said:
[...] WTF! Are Progressives Seriously Defending the Federal Reserve? [...]
March 1st, 2012 at 8:16 am
Deanna Baun said:
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April 10th, 2013 at 10:52 am
Archive of David DeGraw’s Reports | David DeGraw said:
[...] WTF! Are Progressives Seriously Defending the Federal Reserve? [...]
May 16th, 2013 at 10:21 pm