The Fed is taking over!!! This is exactly what Jefferson warned us would happen.

Go to this post, copy the email message and forward to everyone you know, your local pastors, your history professor. The only way we're gonna win this war is by inches.

http://www.dailypaul.com/...

http://www.telegraph.co.u...

http://www.house.gov/simp...
http://www.senate.gov/~cr...
http://sali.house.gov/

Sali and Crapo are up for re-election.

Here is an interesting article:
--------------------------

IS AN INTERNATIONAL FINANCIAL CONSPIRACY DRIVING WORLD EVENTS?

By Richard C. Cook

Global Research, March 27, 2008

"They make a desolation and call it peace." -Tacitus

Was Alan Greenspan really as dumb as he looks in creating the late housing bubble that threatens to bring the entire Western debt-based economy crashing down?

Was something as easy to foresee as this really the trigger for a meltdown that could destroy the world’s financial system? Or was it done, perhaps, "accidentally on purpose"?

And if so, why?

Let’s turn to the U.S. personage that conspiracy theorists most often mention as being at the epicenter of whatever elite plan is reputed to exist. This would be David Rockefeller, the 92-year-old multibillionaire godfather of the world’s financial elite.

The lengthy Wikipedia article on Rockefeller provides the following version of a celebrated statement he allegedly made in an opening speech at the Bilderberg conference in Baden-Baden, Germany, in June 1991:

"We are grateful to the Washington Post, the New York Times, Time magazine, and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during these years. But the world is now more sophisticated and prepared to march towards a world government which will never again know war, but only peace and prosperity for the whole of humanity. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in the past centuries."

This speech was made 17 years ago. It came at the beginning in the U.S. of the Bill Clinton administration. Rockefeller speaks of an "us." This "us," he says, has been having meetings for almost 40 years. If you add the 17 years since he gave the speech it was 57 years ago—two full generations.

Not only has "us" developed a "plan for the world," but the attempt to "develop" the plan has evidently been successful, at least in Rockefeller’s mind. The ultimate goal of "us" is to create "the supranational sovereignty of an intellectual elite and world bankers." This will lead, he says, toward a "world government which will never again know war."

Just as an intellectual exercise, let’s assume that David Rockefeller is as important and powerful a person as he seems to think he is. Let’s give the man some credit and assume that he and "us" have in fact succeeded to a degree. This would mean that the major decisions and events since Rockefeller gave the speech in 1991 have probably also been part of the plan or that they have at least represented its features and intent.

Therefore by examining these decisions and events we can determine whether in fact Rockefeller is being truthful in his assessment that the Utopia he has in mind is on its way or has at least come closer to being realized. In no particular order, some of these decisions and events are as follows:

The implementation of the North American Free Trade Agreement by the Bill Clinton and George W. Bush administrations has led to the elimination of millions of U.S. manufacturing jobs as well as the destruction of U.S. family farming in favor of global agribusiness.

Similar free trade agreements, including those under the auspices of the World Trade Organization, have led to export of millions of additional manufacturing jobs to China and elsewhere.

Average family income in the U.S. has steadily eroded while the share of the nation’s wealth held by the richest income brackets has soared. Some Wall Street hedge fund managers are making $1 billion a year while the number of homeless, including war veterans, pushes a million.

The housing bubble has led to a huge inflation of real estate prices in the
U.S. Millions of homes are falling into the hands of the bankers through
foreclosure. The cost of land and rentals has further decimated family
agriculture as well as small business. Rising property taxes based on inflated land assessments have forced millions of lower-and middle-income people and elderly out of their homes.

The fact that bankers now control national monetary systems in their entirety, under laws where money is introduced only through lending at interest, has resulted in a massive debt pyramid that is teetering on collapse. This "monetarist" system was pioneered by Rockefeller-family funded economists at the University of Chicago. The rub is that when the pyramid comes down and everyone goes bankrupt the banks which have been creating money "out of thin air" will then be able to seize valuable assets for pennies on the dollar, as J.P. Morgan Chase is preparing to do with the businesses owned by Carlyle Capital. Meaningful regulation of the financial industry has been abandoned by government, and any politician that stands in the way, such as Eliot Spitzer, is destroyed.

The total tax burden on Americans from federal, state, and local governments now exceeds forty percent of income and is rising. Today, with a recession starting, the Democratic-controlled Congress, while supporting the minuscule "stimulus" rebate, is hypocritically raising taxes further, even for middle-income earners. Back taxes, along with student loans, can no longer be eliminated by bankruptcy protection.

Gasoline prices are soaring even as companies like Exxon-Mobil are recording record profits. Other commodity prices are going up steadily, including food prices, with some countries starting to experience near-famine conditions. 40 million people in America are officially classified as "food insecure."

Corporate control of water and mineral resources has removed much of what is available from the public commons, and the deregulation of energy production has led to huge increases in the costs of electricity in many areas.

The destruction of family farming in the U.S. by NAFTA (along with family
farming in Mexico and Canada) has been mirrored by policies toward other nations on the part of the International Monetary Fund and World Bank. Around the world, due to pressure from the "Washington consensus," local food self-sufficiency has been replaced by raising of crops primarily for export. Migration off the land has fed the population of huge slums around the cities of underdeveloped countries.

Since the 1980s the U.S. has been fighting wars throughout the world either directly or by proxy. The former Yugoslavia was dismembered by NATO. Under cover of 9/11 and by utilizing off-the-shelf plans, the U.S. is now engaged in the military conquest and permanent military occupation of the Middle East. A worldwide encirclement of Russia and China by U.S. and NATO forces is underway, and a new push to militarize space has begun. The Western powers are clearly preparing for at least the possibility of another world war.

The expansion of the U.S. military empire abroad is mirrored by the creation of a totalitarian system of surveillance at home, whereby the activities of private citizens are spied upon and tracked by technology and systems which have been put into place under the heading of the "War on Terror." Human microchip implants for tracking purposes are starting to be used. The military-industrial complex has become the nation’s largest and most successful industry with tens of thousands of planners engaged in devising new and better ways, both overt and covert, to destroy both foreign and domestic "enemies."

Meanwhile, the U.S. has the largest prison population of any country on earth. Plus everyday life for millions of people is a crushing burden of government, insurance, and financial fees, charges, and paperwork. And the simplest business transactions are burdened by rake-offs for legions of accountants, lawyers, bureaucrats, brokers, speculators, and middlemen.

Finally, the deteriorating conditions of everyday life have given rise to an
extraordinary level of stress-related disease, as well as epidemic alcohol and drug addiction. Governments themselves around the world engage in drug trafficking. Instead of working to lower stress levels, public policy is skewed in favor of an enormous prescription drug industry that grows rich off the declining level of health through treatment of symptoms rather than causes. Many of these heavily-advertised medications themselves have devastating side-effects.

This list should at least give us enough to go on in order to ask a hard
question. Assuming again that all these things are parts of the elitist plan
which Mr. Rockefeller boasts to have been developing, isn’t it a little strange that the means which have been selected to achieve "peace and prosperity for the whole of humanity" involve so much violence, deception, oppression, exploitation, graft, and theft?

In fact it looks to me as though "our plan for the world" is one that is based on genocide, world war, police control of populations, and seizure of the world’s resources by the financial elite and their puppet politicians and military forces.

In particular, could there be a better way to accomplish all this than what
appears to be a concentrated plan to remove from people everywhere in the world the ability to raise their own food? After all, genocide by starvation may be slow, but it is very effective. Especially when it can be blamed on "market forces."

And can it be that the "us" which is doing all these things, including the
great David Rockefeller himself, are just criminals who have somehow taken over the seats of power? If so, they are criminals who have done everything they can to watch their backs and cover their tracks, including a chokehold over the educational system and the monopolistic mainstream media.

One thing is certain: The voters of America have never knowingly agreed to any of this.

Richard C. Cook is a former U.S. federal government analyst, whose career included service with the U.S. Civil Service Commission, the Food and Drug Administration, the Carter White House, NASA, and the U.S. Treasury Department.

His articles on economics, politics, and space policy have appeared on numerous websites. His book on monetary reform entitled We Hold These Truths: The Promise of Monetary Reform is in preparation. He is also the author of Challenger Revealed: An Insider’s Account of How the Reagan Administration Caused the Greatest Tragedy of the Space Age, called by one reviewer, "the most important spaceflight book of the last twenty years." His website is at www.richardccook.com

So far the stock market doesn't seem to be reacting much at all to this going into the open which is kind of surprising. Maybe waiting for actual announcement by Paulson.

Whose next to be bailed out? Lehman Brothers or Merrill Lynch?

What a deal for these bankers - I got into the wrong field. Tax-payers footing the bill for bad decisions by corrupt investment banks.

Where Liberty is, There is my Country - Ben Franklin

Swiss banks...
http://www.nytimes.com/20...

www.downsizedc.org They make it really easy to notify your Congressman of your views on the bills they pass.- Doesn't this have to get past Congress first?

Libera me, let the truth break, what my fears make--Leslie Phillips

They are simply digging the hole deeper...let them dig, it will eventually work in our favor as the misery levels rise in this country, the people will begin to look for answers that neither the government, nor the FED can provide.

The FED and the government have few choices left to them at this point, they are grasping at any and every straw they can to avert what cannot be averted in a Fiat Monetary System: IMPLOSION!

http://www.telegraph.co.u...

The article explains how the Federal Reserve is asking questions as to how to nationalize the banking system, a la Norway. The article states that the shareholders of the financial institutions receive nothing when the banking system is nationalized. So, presumably, the federal reserve district banks (privately owned banks) are going to absorb their failing customers, the gigantic financial institutions, all at taxpayer expense.

Has RP released a statement on this yet.

Folks they have been in control for nearly a hundred years stealing us blind, they are just peeling away the facade and coming out in the open with it.

This may be good in the long run as they are tipping their hand, thumbing their noses at us basically telling us we don't care if you know who is really in control now because there is nothing you can do about it.

So now the people will know who the culprit/target is. However until we the people act to shut them down things will only get worse and more painful. First thing to do is flood your congressmen with emails and phone calls...

The price if freedom is eternal vigilance, and we are far past over due and deep in debt on that price!

-----
Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty, or give me death. Patrick Henry

welcome to the united states of socialist america

Don't accept any more credit pass the buck.

inflation and deflation, the Fed's role and the need to abolish it we shall stress the need for 21st century regulation of the finance sector to prevent an additional sub-prime type catastrophe(s) and put the Fed in total control making it an indispensable institution.....sounds like a plan the current administration might come up with. :(

We have to stop this! I will be calling my rep and senator monday morning.
I have called family and friends to alert them to this unprecedented power grab and have emailed this to everyone one my list. Please alert everyone you know and get them to protest this attack on our remaining liberty. If they don't understand why this is so bad take the time to educate them. Most people don't even know what the fed is or why they should be concerned about this.

"In broad outlines, we agree with large parts of Secretary Paulson's plan," Sen. Charles Schumer, D-N.Y., chairman of the Joint Economic Committee, said in a statement. "He is on the money when he calls for a more unified regulatory structure, although we would prefer a single regulator to the three he proposes."

--------------------------------------------------------
"No man has a natural right to commit aggression on the equal
rights of another, and this is all from which the laws ought to restrain him." --Thomas Jefferson

This is just another step towards Martial Law. The coming war with Iran should be close to pushing us over the top.

So much on the Net today and this past week about us getting ready for war with Iran; how sad.

Everyone, contact your Congressman and Senators. Let them know of our disgust with this plan. It affects everyone of us ! Tell everyone what's going on, even the sheeple,,,,,,,,,,,,,,,,Totally unconstitutional !

GOD BLESS US ALL

http://digg.com/business_...

Needs to get to front page! Very Important!

a multi-faceted approach. The congress, the senate, and the majority of government positions must be replaced by people who understand, respect, and willing to adhere to the guiding principles of the constitution.

I have never seen a government comprised of spineless bureaucrats who only look after their personal interests and nobody else. They must all be replaced. Start over with a clean slate. Lets put people whose only interest is to serve the people.

The secret meetings held by these small but rich and powerful will be dealt with in due time. Let's cut the head and the body goes down with it.

"He who exercises government by means of his virtue may be compared to the north polar star, which keeps its place and all the stars turn towards it." Confucius

I would hope that the entirety of the Nation would be OUTRAGED AT THIS! I would imagine that Ron Paul is jumping up and down at this one!!!! I heard Art Bell hosting Coast to Coast last night and he was sadistically laughing at some news that we are now going to OUTSOURCE the making of the ID Cards to CHINA!!!!! People better step away from their TV sets!

The AP released a story based on an executive document from the Bush Admin. This is going to be announced by Paulson on Monday. If you are concerned that a private, closed book, partly unregulated company will be given these authorities write or call into to your representative and Senators and let them know that this is (probably) unconstitutional.

http://www.chinapost.com....

To become debt free, read The Secret of Money and send it to10 people within the next 24 hours.

Are you in a situation that you don’t have enough money and have too much debt? Most people are. Do you know why? It is because, today, money is debt. All the money in circulation today except coins is made out of debt. If there is no debt, there will be no money. There is more. Money is created only for the principal part of the debt, but not the interest. Therefore, there is always shortage of money and to meet the shortage, new money must be created. In other words, new debt must be created. This is why people are constantly persuaded to go into debt. There is even more. As new debt (new money) is created, the value of the existing money goes down. This discourages people to save and coerces them to spend. Meanwhile, the shortage of money worsens as more money (more debt) is created. In the end, everyone will be in debt. There will be no winner except those who control the system at the top.

You would think this is a bad situation. How did we end up in this situation? Who controls the system? How can we get out of this? To answer these questions, you must, first, understand what money really is.

First of all, money is the certificate of ownership of the economy. The total money supply represents the total ownership of the economy. Money that individuals hold represents the ownership of their shares of the economy. In this way, money can become a store of value. The value of the economy is relatively stable or even grows over time, therefore, money that is the certificate of ownership of the economy can hold its value over time. People can store the value of their labor by exchanging their labor with money. Second, money is a very convenient medium of exchange that facilitates trade. Money, not only holds its value overtime, it is also easily carried and divisible into small units convenient for everyday transactions. Most people are familiar with these properties of money as a store of value and a medium of exchange, but most have forgotten or never realized that money holds these useful properties only because money is the certificate of ownership of the economy. These people never realize the vital importance of who holds the issuing power of money.

Thomas Jefferson warned:
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” -Thomas Jefferson

In 1913, the government finally gave up the power to issue money to a group of wealthy men known as international bankers. The deceptive system called The Federal Reserve Bank System was created. Today, even the government must borrow money from the Federal Reserve.

The president who signed the 1913 Federal Reserve Act was Woodrow Wilson. A few years later, he wrote: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” -Woodrow Wilson

However, there is good news. The days of the Federal Reserve are numbered. The money issuing power will be again diversified among the people. There will be no more central control of the power to issue money. To do so, the secret of money must be understood. The more important power than the power to issue money is the power of information. TV, Radio, Newspapers and Magazines have already been bought out. They are now in the process of controlling the Internet. We must spread the secret of money while we still have time. Print this out and spread in addition to using the Internet. Meanwhile, we must also defend the free flow of information on the Internet. Continue your own research on these subjects.

Think IRS & Homeland Security - Totally wasted use of resources & run by brain dead bureaucrats & now the same idiots want to totally take over our financial institutions ? This stinks really bad ! Bush will be remembered as the worst SOB that ever became president

.

--
Remember: Debt is a form of slavery.

QUOTE OF THE DAY:

“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe. Corporations have been enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed.

The government should create, issue, and circulate all the currency. Creating and issuing money is the supreme prerogative of government and is its greatest creative opportunity. Adopting these principles will save the taxpayers immense sums of interest and money will cease to be the master and become the servant of humanity.”

- Abraham Lincoln http://www.globalresearch...

'I always think of all you canvassors and precinct leaders and delegates at the front line and caucuses.
Good luck out there &Thank you. You're a gift.

I posted this comment in another thread on this same topic...but I just can't get this image out of my head:

At this point, I'm picturing Congress as a greasy, used car salesman (insert wacky sound effects as necessary) --

"Hey-hey-hey-heyyyy!!! Have wee got a deal for YOU! Just come on down here to Crazy Congress Critters today, and we'll set you up with a nice tyranny (slightly used) that you can use to shackle your sheeple in no time flat! Control of the nation's finances? Ha! We're GIVING it away! And -- if you act now, we'll also throw in: a fully-Kevlared, armed-to-the-teeth SWAT team! Lock 'n' Load, baby!!! No need to ask for this deal; we're just doing it alllll on our own! Why? Because we're Cr-cr-cr-crAAAAZY!!!"

the ramifications of this?

I realize it's a huge step forward towards economic fascism (or just fascism in general), but what will it do to people's savings? Can they be seized? Will people who work for financial instititutions lose their jobs? Will it quicken the devaluation of the dollar and cause another huge Depression?

Please explain. Thank you.

Why isn't Congress in an uproar about this?

Hey, stockoneder... This was such a hot news item, I just posted a topic on it as well... But it scared the c!@p out of me. Is this a definite? The article on MSNBC says it is still a "proposal", but isn't there supposed to be a debate or vote on it? What can be done? I'm yelling really loudly about this... anyone listening!?!

"...By perseverance and fortitude we have the prospect of a glorious issue." Thomas Paine