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FED policies are creating a stockmarket bubble while Zombie banks are Bankrupting the FED

Sunday, October 28, 2012 14:01

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FACT: The Federal Reserve is a cartel of private banking corporations which lend money to the United States. It is touted as if it were a Government Agency. IT IS NOT. The Federal Reserve Bank, through its inflation of the money supply and the distortion of free markets resulting from its intervention, is responsible for the current financial and economic crisis. The current round of “bailouts” and federal government nationalization of large segments of the financial sector further inflates the US dollar and disrupts the proper funtioning of the markets causing a stock market bubble, that will ultimately serve to plunge the nation into a serious depression. Politically, America suffers from a thoroughgoing default of the government on its responsibility to maintain a sound and honest monetary and banking order.

ZOMBIE BANKS: A Zombie Bank is a financial institution whose liabilities outweighs it assets, making its net worth less than zero. Zombie Banks continue to operate because of the implicit or explicit government guarantee along with truckloads of taxpayer monies. The three biggest Zombie banks Citigroup, Bank of America and Wells Fargo have each received $45 billion in capital from the US government far more than they are worth.

Our goal is to shut down the FED so we can restore a sound monetary system in this country. We the people have the power to take our country back and not wait for some politician to fix things. For more read:

These R the Facts the GOV does NOT want U2C (updated) http://generalstrikeusa.wordpress.com/2012/09/21/these-r-the-facts-the-gov-does-not-want-u2c-updated/

Shut It Down…They Won’t Listen Any Other Way

http://generalstrikeusa.wordpress.com/2012/10/23/832/

Federal Reserve launches QE3 http://generalstrikeusa.wordpress.com/2012/10/19/federal-reserve-launches-qe3/

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