“The Fed’s sole purpose: keeping the banks afloat” – Edward

ElfRuler · Post by **ElfRuler** » Wed Oct 10, 2012 11:24 pm

Is the Federal Reserve really doing such a bad job… or does it actually do exactly what it's supposed to do, but the average American is in the dark about what that is?

In this explosive video, Casey Summit speaker G. Edward Griffin, author of The Creature from Jekyll Island, talks about the Fed's real role in the US economy and why – contrary to common belief – it is not this banking cartel's mission to act in the best interest of the American public.

PrinceDaadi · Post by **PrinceDaadi** » Thu Oct 11, 2012 10:42 am

How did you find out this video and caseyresearch group?

Post by **Shirib** » Thu Oct 11, 2012 10:45 am

Fed has a dual mandate, to keep inflation low and unemployment low. It's kinda failing now.

Post by **Shirib** » Thu Oct 11, 2012 10:50 am

But really modern banking is nothing more than a big ponzy scheme that we have all bought into

PrinceDaadi · Post by **PrinceDaadi** » Thu Oct 11, 2012 11:44 am

Madoff was my fav ponzi schemer.

ElfRuler · Post by **ElfRuler** » Thu Oct 11, 2012 11:49 am

PrinceDaadi wrote:How did you find out this video and caseyresearch group?

It was posted on Zerohedge site.

http://www.zerohedge.com/news/2012-10-1 ... rd-griffin

I heard of the Casey research group while reading about the investor Doug Casey.

PrinceDaadi · Post by **PrinceDaadi** » Thu Oct 11, 2012 12:03 pm

So you read these kind of sites?

ElfRuler · Post by **ElfRuler** » Thu Oct 11, 2012 12:52 pm

PrinceDaadi wrote:So you read these kind of sites?

Lol! I do, I think a side of me wants to learn more about investment.

PrinceDaadi · Post by **PrinceDaadi** » Thu Oct 11, 2012 3:57 pm

a female interested in these kinds of sites, that is a bonus,

sunnahswag · Post by **sunnahswag** » Thu Oct 11, 2012 4:02 pm

Open Secrets reports that this year there is only one Wall Street bank listed among Obama’s top 20 largest donors: Wells Fargo, which only gave the president’s re-election campaign a scant $202,000, less than half what the smallest of his top 20 donors gave four years ago. Over all, big banks gave Obama over $4 million in 2008, and only $200,000, or just five percent as much, in 2012.

Romney, meanwhile, this year is awash in Wall Street money, and his donations are even bigger than the donations Obama received from the industry back in 2008. Romney’s number one donor is Goldman Sachs, the turncoat institution that gave Obama $1 million four years ago. Its PAC this year as of August had already given Romney almost $900,000. More importantly, the top eight biggest donors to Romney’s campaign were Wall Street financial institutions.

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“The Fed’s sole purpose: keeping the banks afloat” – Edward

“The Fed’s sole purpose: keeping the banks afloat” – Edward

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw

Re: “The Fed’s sole purpose: keeping the banks afloat” – Edw