The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. The Federal Reserve was created unconstitutionally, in 1913 by the Federal Reserve Act.
Over time, the Federal Reserve System has greatly expanded and through its due to its power to create money out of nothing has concentrated social, economic and political power into the hands of a select few. Events it has coordinated, such as the Great Depression and numerous booms and busts have led invariably to further increases in the powers of the Federal Reserve.
The Federal Reserve is regarded as a quasi-public banking system, since it has aspects of both a government run system and private enterprise. According to the Federal Reserve, there are presently five different parts of the Federal Reserve System. The Federal Reserve is a foreign corporation whose shareholders are unknown, The Federal Reserve operates in secret and has never been audited.
Pages and Listings are in reverse chronological order:
News Is the U.S. Treasury secretly preparing for return to gold standard? A minority think so.
08-19-2010
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Gold Seek
In 1982, President Reagan's Gold Commission wrote that gold could become necessary as currency again, especially if conditions came about like those we have now. Some believe he set a plan in motion, which others are working on today.
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News The Tradition Of Mindless Stock Ramping On Fed POMO Days Is Back
8/17/2010
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Zero Hedge
One of the most beloved phenomena of Fed intervention is the "miraculous" ramp up in stocks on days in which the Fed's Permanent Open Market Operations (POMO) occurred
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Frank Sacco
News Founder Of Reaganomics: "Without A Revolution, Americans Are History"
08-16-2010
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ZeroHedge.com
Whatever the size, the rest of the world will see that the dollar is being printed in such quantities that it cannot serve as reserve currency. At that point wholesale dumping of dollars will result as foreign central banks try to unload a worthless
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News China Diversifies Away from the Dollar
08-16-2010
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EconomicPolicyJournal.com
China is buying in Europe, Social Security is about to go cash flow negative, who exactly is going to be buying the mounds of new debt securities that the Treasury will soon start to issue?
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News Jim Willie: Missing Gold and Silver in London - Missing Trillions in The US
08-16-2010
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MaxKeiser.com
"In just the last 45 months we have had $1.5 trillion dollars in extra treasury bonds, that have been sold after issuance, and I would like to know where the proceeds are being held"
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News Chart of The Day: Long View Of Inflation Shows That It's All The Fed's Fault
08-16-2010
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Businessinsider.com/
Back-measure the CPI going to 1800, and they point to take away is that while there were inflationary spells in the past, what really got the ball rolling was the creation of The Federal Reserve and the dissolution of the gold standard.
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News Will Quantitative Easing By The Federal Reserve Unleash Economic Hell?
08-15-2010
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InfoWars.com/ & The Economic Collapse
Marc Faber, the author of “The Gloom, Boom and Doom Report”, recently warned CNBC that all of this intervention by the Federal Reserve is going to create a “final crisis” that will destroy the U.S. financial system….
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News Fed's Hoenig: Keeping rates low "dangerous gamble"
08-13-2010
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Reuters
The Federal Reserve is undertaking a "dangerous gamble" by keeping rates at near zero for so long, and it must start raising rates or risk damaging the nascent U.S. recovery, a top Federal Reserve official said on Friday.
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News Ron Paul & Lew Rockwell: End the Fed, End the Wars, End the Empire
08-13-2010
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RonPaul.com
Judge Andrew Napolitano has Ron Paul and Lew Rockwell on his FOX network show to discuss the federal reserve and our economy, and undeclared war's effect on the economy.
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News Rick Santelli Ranting On Meddling By Fed, Fannie, Freddie, and Housing
08-13-2010
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ZeroHedge.com
Rick gets wound up based on earlier disclosure by Bill Gross that if the government guarantee of the GSEs were removed, he would only participate in the mortgage market if there was 30% down payments by first time homebuyers...
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News Fed Leads America “To The Brink Of Collapse”
08-13-2010
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InfoWars.com/
“Crossing the 90% debt/GDP threshold is the equivalent of crossing the proverbial Rubicon of economic growth. It’s a point from which it’s almost impossible to return,” states the article, adding that the market has not responded to quantitative...
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News America Is 'Bankrupt Mickey Mouse Economy'
08-11-2010
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CNBC.com
"US credit risk is huge and America has two options, either default or let the currency depreciate substantially against currencies such as the yuan and the rouble," he explained.
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News Gold climbs above $1,200 after Fed policy step
08-11-2010
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Reuters
Gold turned higher on Wednesday, shrugging off a 1 percent rise in the dollar versus the euro, as concerns over the outlook for the U.S. economy and the potential for further monetary easing sparked haven buying of the metal.
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News U.S. Is Bankrupt and We Don’t Even Know It
08-11-2010
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Bloomberg.com
We have 78 million baby boomers who, when fully retired, will collect benefits from Social Security, Medicare, and Medicaid that, on average, exceed per-capita GDP. The annual costs of these entitlements will total about $4 trillion...
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News Fed announces plan to buy Treasury debt, spur growth
08-10-2010
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McClatchy News
The Fed will reinvest earnings from maturing mortgage debt into US Treasury debt, with an eye toward keeping long-term borrowing rates low. The move aimed to reassure investors who are hoping the Fed will do more to spur the economy and observers who
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News Fed indecides to do nothing, wall street parties
08-10-2010
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AP
At the end of its meeting Tuesday, the Fed said it will use money from its investments in mortgage securities to buy government debt on a small scale. That could help nudge down long term rates on mortgages and corporate debt but wouldn't have a dram
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News Giordano Bruno: U.S. Dollar Now Ripe For Catastrophic Devaluation
08-10-2010
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InfoWars.com/
Strangely though, some mainstream economists and analysts still contend that America will never face consequences for its fiscal debauchery. Why do they believe this despite all the evidence to the contrary? Because of a magical machine called a...
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News Gonzalo Lira: Quantitative Easing 2 Will Sink Us
08-10-2010
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ZeroHedge.com
People will lose faith in the dollar, and try to get out of it—at all costs, all at once. Hyperinflation is not the economy overheating, like regular inflation—hyperinflation is when nobody wants to be caught dead with a currency.
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News The Nightmare Charts The Fed Is Looking At Right Now
08-10-2010
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Businessinsider.com/
This chart pack is likely to be fresh in the minds of every FOMC member as they consider their votes and views today.
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News Dollar slides vs Asia as stocks up ahead of Fed
08-08-2010
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Reuters
The U.S. dollar fell against emerging Asian currencies on Monday on growing expectations the Federal Reserve will have to buy more bonds to support the flagging economy, helping to also lift commodity prices and equities.
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News Peter Schiff: The Jobs Number
08-08-2010
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LewRockwell.com
If the government fears the “recovery” will be further impinged by higher energy prices then look for “quantitative easing” to become both the driving force of our economic policy and poison that finally kills the dollar.
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News Fear in His Eyes: Bernanke Readies The Helicopter
08-08-2010
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EconomicPolicyJournal.com
Once all those who are now holding large cash balances, decide cash is not the place to be, because of an inflation threat (and I am not talking those just holding physical currency but anything in M2), then all hell breaks loose on the inflation...
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News Double D: Goldman Explains The Imminent Launch Of $1 Trillion In QE 2
08-08-2010
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ZeroHedge.com
Luckily, in the painful but now inevitable end, the population will rid itself of the Federal Reserve and of the false economic religion of Keynesianism, but not before the current wealth for 99% of the population, both rich and poor, is wiped out...
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News Art Cashin: "The Fed Is Walking A Tightrope In A Hurricane"
08-07-2010
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ZeroHedge.com
We've had more and more signs of potential deflation and the Fed is terrified of that...They've got to come up with something inventive, something as they call it, 'new quantitative easing.' And yet that brings the concern if they...
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News Multi-Millionaires and Billionaires Do End Run Around on FDIC Limitations
08-06-2010
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EconomicPolicyJournal.com
Thanks to Nassim Nicholas Taleb, it is now clear that hustlers, like former Fed VC, Alan Blinder, are promoting a loophole that allows multi-millionaires and billionaires to get every penny they have insured by the FDIC, damn the limits.
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News Can the Fed Inflate the Money Supply at Will? - Taking On Mish & Deflation
08-06-2010
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EconomicPolicyJournal.com
To think this economy can go only down a deflationary path is a serious mistake. Anyone betting on Mish's scenario that deflation is absolutely the road ahead is making a very serious mistake.
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News IMF Document Illustrates Plan to Create Global Currency: A New World Order
08-05-2010
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RawStory.com
But what wasn't known, until recently, is how far along the International Monetary Fund was in the planning of elevating its so-called "special drawing rights" from mere international agreement to an actual, legitimate global currency.
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News Screw The Deficit (Or Will The Deficit End Up Screwing Us?)
08-05-2010
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ZeroHedge.com
Policy makers will have no compunction about adding to The Deficit at the next crisis.
That’s when hyperinflation will kick us in the teeth.
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News Bank Lending in the Commercial Real Estate Market Collapsing
08-05-2010
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MyBudget360.com
Lending for commercial loans has collapsed. Even though banks would like you to believe that all is healthy and strong they have a front row seat to the carnage in the CRE market.
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Headlines: Bank Lending in the Commercial Real Estate Market Collapsing -- Screw The Deficit (Or Will The Deficit End Up Screwing Us?) -- IMF Document Illustrates Plan to Create Global Currency: A New World Order -- Can the Fed Inflate the Money Supply at Will? - Taking On Mish & Deflation -- Multi-Millionaires and Billionaires Do End Run Around on FDIC Limitations -- Art Cashin: "The Fed Is Walking A Tightrope In A Hurricane" -- Double D: Goldman Explains The Imminent Launch Of $1 Trillion In QE 2 -- Fear in His Eyes: Bernanke Readies The Helicopter -- Peter Schiff: The Jobs Number -- Dollar slides vs Asia as stocks up ahead of Fed -- The Nightmare Charts The Fed Is Looking At Right Now
-- Gonzalo Lira: Quantitative Easing 2 Will Sink Us -- A Man On Fire: Gerald Celente Speaks the Unvarnished Truth -- Giordano Bruno: U.S. Dollar Now Ripe For Catastrophic Devaluation -- Fed indecides to do nothing, wall street parties -- Fed announces plan to buy Treasury debt, spur growth -- U.S. Is Bankrupt and We Don’t Even Know It -- Gold climbs above $1,200 after Fed policy step -- America Is 'Bankrupt Mickey Mouse Economy' -- Fed Leads America “To The Brink Of Collapse” -- Rick Santelli Ranting On Meddling By Fed, Fannie, Freddie, and Housing -- Ron Paul & Lew Rockwell: End the Fed, End the Wars, End the Empire -- Fed's Hoenig: Keeping rates low "dangerous gamble" -- Will Quantitative Easing By The Federal Reserve Unleash Economic Hell? -- Chart of The Day: Long View Of Inflation Shows That It's All The Fed's Fault
-- Jim Willie: Missing Gold and Silver in London - Missing Trillions in The US -- China Diversifies Away from the Dollar -- Founder Of Reaganomics: "Without A Revolution, Americans Are History" -- The Tradition Of Mindless Stock Ramping On Fed POMO Days Is Back -- Is the U.S. Treasury secretly preparing for return to gold standard? A minority think so. --