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Is Anyone Minding the Store at the Federal Reserve?

June 2, 2009 by  

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • s c

    No one at the Fed will ever ‘mind the store.’ When Congress is dumb enough to hand over control of America’s wealth to a PRIVATE CORPORATION, you don’t need a doctorate in economics to know America was “had” by its elected vermin. A PRIVATE CORPORATION controls America’s wealth [for those who don't understand yet] AND YOUR MONEY DOES NOT BELONG TO YOU. It ‘belongs’ to the government. Whatever these elected morons decide to do, WE have to pay for it. THEY DON’T. Every time they print more ‘money,’ our money is worth less. At this pont in time, anyone who doesn’t understand this is just as useless as the slime who let the Federal Reserve steal America’s wealth.

  • s c

    A news item says a ‘conservative’ wants to ‘protect’ the Fed’s secrecy. The Fed was created in secrecy. However, since it has sole control over our money supply (not Congress), it seems to prove that the Fed is not our ‘friend.’ We’re supposed to ignore the fact that the Fed is a private corporation and that NO president has ANY right to appoint the head of ANY private corporation. What does the Fed fear by being open and honest? How is America safer or better when we do not “deserve” the truth? These are fair questions. Is Washington capable of telling the truth? How is it possible to have ‘leaders’ who fear the TRUTH?

  • Exposure

    It is reassuring to see proper questions being asked with the intensity necessary to inform our Government Aristocracy that their lackadaisical arrogance has been noted and is beyond acceptance by Patriotic American Citizens of this great Republic that will make every effort to support our Constitutional principles.
    I make note that your poll on the Bail out was not descriptive enough to provide valid information to conclude any opinion based on its results therefore I did not participate.

  • s c

    For those who missed the 60 Minutes charade, all Ben did was make the case that MIT should stick to math and science. Bernanke proves that it takes more than intellect to do the job right. He speaks the same non-language that Greenspan speaks.
    He did nothing to give me any reason to feel that the Fed knows the difference between up and down. They do not deal in accountability. They do not deal in answers. They specialize in platitudes and non-English.
    They have been given unconstitutional powers to pillage America’s wealth. And somehow, this is supposed to make us feel better and have a reason to think they won’t screw up FDR-style. In short, the Fed doesn’t solve problems. They CREATE and maintain problems.

  • s c

    Having faith in the Fed is like putting a professional thief in charge of your wealth. At some point, it will become obvious that your wealth is gone. Good luck in getting answers from Congress or the thieves at the Fed. Most economists, bankers and
    Fed puppets will tell you the same thing. That is, the Fed is a ‘great invention,’ and does ‘wonderful things’ for America. That’s standard response #1. These people hate truth and people who are free. They know what they’re doing to America. The Fed uses ‘transparency’ the same way as the new pres. It’s just a word, to manipulate and enslave America. Gradualism is their main tool, and money and
    power are their gods. Central banks fear openness and honesty. They are entrenched, internal enemies, and they will destroy America. Period.

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