Even as the U.S. housing bubble, bursts,and foreclosures reaching the highest level since the Great Depression and the U.S. growth slows, unemployment and gas prices rises,is there anybody looking out for the little guy?. Congress often steps in to help ,the people, buffeted by larger economic forces, through unemployment aid and other programs. But this wouldn't stop the "fast free fall" in home prices or even stabilize the economy. The band aid plan {tax rebate} didn't do nothing to improve the e con omy. When Congress vote, to pass bills, they are simply "political statements". The up-coming elections will not reversed the laws of economics [hire more workers,people keep more of what they have earned, businesses grow and expand,keep taxes low].
So who can help the financial crises in America? The Fed ?. The Fed is also the only one that has the authority to actually do something. The Fed controls "the money supply," the amount of dollars in circulation. The banks that create money ,the firms that uses money , the interaction of the deposits accounts currency , the checking account balance,in the hands of the public, is controlled by FED. The Fed can also buy or sell government securities. The Fed is the only source of new money and credit. The Federal Government, always spent more than it has " taken " from its citizens in taxes.
Remember,the Federal Reserve provided a $30 billion loan for the sale of investment bank Bear Stearns to JPMorgan Chase. Who paid for it? The Tax payers.The Fed who control the money are able to approve or disapprove large loans to large and successful corporations to the extent that refusal of a loan will bring about a reduction in the price of that Corporation's stock sells for on the market. By using that "power play" on them, corporations , then borrow huge sums of money from their banks,to never get "into the red " . This ineffectual means, the bankers get almost all of the profits, while individual stock holders are left holding onto that, " Pyramids scam " ,dream of wealth.
The Federal Reserve Chairman often is called the most powerful man in the world. He decides (along with the rest of the Federal Reserve Board) whether to raise or lower interest rates on government loans, Treasury notes, and other things which determine the interest rate on short-term interest rates and ultimately, for everything else like the raising and lowering the Fed Funds rate.
When the ,Federal Open Market Committee (FOMC),changes the federal funds rate,The Stock Market ,reacts ,according. Stock analysts listen over, every little word uttered ,by anyone on the FOMC ,to get some clue as to what the Fed will do next. The Fed is the single most influential body in the U.S. on economics. So who Controls the Fed? If you don’t understand by now the control,the Fed have , probity states , you don't realize who's really running America .
Facts
The five members of the Federal Reserve Board of Governors ,are From The Kenities Klan / "Jews"
Benjamin S. Bernanke - Jew ,His Term ends in 2020
Donald L. Kohn - Jew
Kevin M. Warsh - Jew
Randall S. Kroszner - Jew
Frederic S. Mishkin - Jew
There are twelve Federal Reserve Bank presidents nine of the twelve presidents are Kenities /Jew
FRB of Boston: Eric S. Rosengren - Jew
FRB of New York: Timothy F. Geithner - Jew
FRB of Philadelphia: Charles I. Plosser - Jew
FRB of Richmond: Jeffrey M. Lacker - Jew
FRB of St. Louis: James B. Bullard - Jew
FRB of Minneapolis: Gary H. Stern - Jew
FRB of Kansas City: Thomas M. Hoenig - Jew
FRB of Dallas: Richard W. Fisher - Jew
FRB of San Francisco: Janet L. Yellen - Jew
FRB of Cleveland: Sandra Pianalto
FRB of Atlanta: Dennis P. Lockhart
FRB of Chicago: Charles L. Evans
Howard Kohr: Executive Director of the most powerful lobby group in the world, the American Israel Public Affairs Committee (AIPAC). AIPAC is made up of both Republican and Democratic.
Malcolm Hoenlein: Executive Chairman of the second most powerful lobby group in the world, the Conference of Presidents of Major American Jewish Organizations
Put the facts and information together,and look and read , with understanding
Congress Delivers Promised Israel Aid Bump Despite Budget Deadlock
Move Bypasses Normal Appropriation Process
By Nathan Guttman
Wed. Jul 02, 2008
http://www.forward.com/articles/13709/
From The Jewish Daily Forward
Washington - While almost all federally financed programs were denied any funding increase for the coming year, aid to Israel from the United States will increase
Congress bypassed the normal appropriation process on June 26 when it approved a $170 million raise in military aid to Isra'el, as part of a larger supplemental spending bill.
The increase contrasts with the standstill in budgeting for almost all other government programs. Due to fighting between Democrats and Republicans over the federal budget, most government spending will be held in what is known as a “continuous resolution,” which maintains all spending at the same level as in the previous fiscal year and allows no raise in government spending.
Aid to Isra'el would normally be covered by this resolution, but legislators made the aid into an amendment to special legislation
Last August, Jerusalem and Washington signed an agreement that should direct $30 billion to Israel over 10 years.
The $170 million raise to Isra'el will bring the overall military funding to $2.38 billion — the highest of any such package.
The move was quickly applauded by the American Isra'el Public Affairs Committee.“The effort to secure this vital increase in American aid to our ally Isra'el could not have happened without the active support of the bipartisan leadership of the House and Senate and Aipac applauds their effort,” Aipac spokesman Josh Block said in a statement published following the aid increase approval."
Saturday, July 5, 2008
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment