Why The Federal Reserve Should Be Audited

Submitted by John Crudele via NYPost.com, It is time for a comprehensive audit of Janet Yellen ’s Federal Reserve – and not just for the reasons presidential candidate Rand Paul and others have given. The Fed needs to be audited to see if its ruling body has broken the law by manipulating financial markets that are outside its jurisdiction. A thorough investigation of the Fed will show once and for all if its former chief Ben Bernanke and current Chairwoman Yellen should go to jail. I know, that’s a bold statement coming as it does on Sept. 1, 2015, with Wall Street still in half-bloom. But it won’t be so preposterous some day in the future if the stock market suffers a full-blown economy-busting collapse and Congress and everyone else are looking for scalps. The Fed should be audited as a brokerage firm would be — its financial holdings, […] Read More

“Cornering The Earth” – How The Rothschilds “Controlled At Least One Third Of Global Wealth” Over 100 Years Ago

One week ago we presented the prophetic work of Alfred Owen Crozier who in 1912 penned “U.S. Money vs Corporation Currency” in which, together with 30 illustrations that captured Wall Street precisely as it would turn out some 103 later year, he explained why the the “Aldrich Plan” proposal, infamously crafted in secrecy by a small group of bankers and their bought politicians on Jekyll Island to establish a National Reserve Association, a money printing-predecessor to the Federal Reserve, would lead to untold pain, suffering ans war. The Aldrich Plan was defeated only to bring the Federal Reserve Act of 1913, and the most deadly 30-year period of warfare in human history. And while we urge everyone to read the Crozier’s book for its profound insight, and its painful reminder that even in the “New Normal” there is absolutely nothing new, as everything that has happened was foretold over […] Read More

Nomi Prins: The Clintons & Their Banker Friends

In the coming months, however many hours Clinton spends introducing herself to voters in small-town America, she will spend hundreds more raising money in four-star hotels and multimillion-dollar homes around the nation. The question is: “Can Clinton claim to stand for ‘everyday Americans,’ while hauling in huge sums of cash from the very wealthiest of us?” This much cannot be disputed: Clinton’s connections to the financiers and bankers of this country – and this country’s campaigns – run deep. As Nomi Prins questions, who counts more to such a candidate, the person you met over that chicken burrito bowl or the Citigroup partner you met over crudités and caviar? Via TomDispatch.com, The Clintons and Their Banker Friends The Wall Street Connection (1992 to 2016) [This piece has been adapted and updated by Nomi Prins from chapters 18 and 19 of her book All the Presidents’ Bankers: The Hidden Alliances […] Read More

Lessons From Central Bank Crisis Management (Intervention) During Wall Street’s First Crash (1792)

The New York Fed’s historical appreciation society has looked back at what was likely the US’ first crash and foud that Alexander Hamilton’s actions in 1792 which they claim “appears to have effectively managed the crisis with little or no long-term spillover to the economy,” has now become the blueprint for manipulative intervention until this day by the central planners who know far better than ‘us’ collectively… Authored by James Narron and David Skeie of Liberty Street Economics. As we observed in our last post on the Continental Currency Crisis, the finances of the United States remained chaotic through the 1780s as the young government moved to establish its credit. U.S. Congress was finally given the power of taxation in 1787 and, in 1789, Alexander Hamilton was appointed as the first Secretary of the Treasury. Hamilton moved quickly to begin paying off war debts and to establish a national […] Read More