RE: OT - Merry Christmas
2008/12/20 14:00:18
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The Federal Reserve was created on Jekyl Island in 1913 and this puposeful cartel should be abolished. The whole Wall Street / Banking debacle is attributable to the Federal Reserve and its manipulation of currency. In reality, and since 1913 the government and banks just keep repositioning debt ... as they only make money if loans are made and not paid off. A bank with a series of bad loans can actually make substantial money provided no one knows how bad. Let's see, we'll extend the term, lower interest payment, lend more to keep you afloat ... but the whole idea is to push it to the limit and keep it on the bank books. This all works until there's an ultimate default. The goal is to keep everything centralized and controlled ... and if things get really bad ... the taxpayer bails it all out. This is the intent and a perfect way to profit. It's a perfect crime done with a pen.