Federal Reserve: Why Glenn Beck Was Fired From FoxSubmitted by TommyPaine on Fri, 12/20/2013 - 23:26
Some of you don't like Glenn Beck. Regardless, did you know that Glenn Beck aired a show on Fox about the Federal Reserve on March 25, 2011, and was fired about 3 weeks later? His final show aired in June, but his contract was until December and he was cut off early, right after airing the FR show.
Also, I had never seen this show before, and maybe some of you haven't, either. He interviews G. Edward Griffin and Mark Carbilia (?) from the Cato Institute.
There was one tidbit Beck said that I now remember I heard a long time ago, but now I understand it in a different context.
If you talk with anybody about the Fed (probably online since most people in the real world don't have a clue about the Fed), you will come across people who claim that it cannot be controlled by a few people behind the scenes.
But Beck reminded me how they do it. The Board of Governors has a lot of the power within the system. The POTUS appoints the members of the BOG and confirmed by the US Senate. This makes it seem like the US government has control.
The POTUS is not "allowed" to nominate anyone he wants. President Rand Paul could not appoint Ron Paul to the BOG. Instead, the POTUS is given a list of candidates BY THE FED ITSELF, as people who can sit on the BOG -- and who, therefore, can have power.
THAT is how they maintain control.
Also, Beck had by FAR the highest ratings in his time slot when he was fired. He had 2 million viewers at 5:00 ET. The show in that time slot now, "The Five," only has 1 million and it is still leading its slot. So, Beck was really popular compared to anything else out there during or since.
Anyway, good overview for anyone who doesn't know a lot about the Federal Reserve: