For the first time in a real publication someone has the balls to call it like it is for the world to see. Our financial system is a FRAUD. The fed and the 1%’ers control the market to help themselves make more money and gain more power while the rest of us get caught up in their games and get screwed. DOWN WITH THE DEBT MACHINE, THE FED, THE 1%’ers, AND ANYONE WHO IS ON THEIR SIDE.
Exerpt below from an interview with Bill Bonner (Bill Bonner – Bill has written two New York Times best-selling books,Financial Reckoning Dayand Empire of Debt. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind The Daily Reckoning)
The economy actually gets worse…as higher prices sit on family budgets like a fat cowboy on a skinny horse.
Q: ‘Wait a minute, Bill,are you saying that the Fed is manipulating the stock market?’
Q: ‘ Isn’t that against the law?’
Q: ‘How does the Fed get away with it? How come the SEC doesn’t come down hard?’
A: Oh, you silly goose. Stop asking stupid questions. The market is fixed. The SEC is in on it. It’s all part of the zombie system of finance. The dollar pretends to be real money. Debt pretends to be capital. And regulators pretend to be smarter than capitalists. Details to follow after the jump [Is the Fed manipulating the stock market?.]
Also check out this opinion [The Federal Reserve Is Evil] for a more radical view
“If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.” –Thomas Jefferson (1816)