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The "Federal Reserve System" has been said to be neither federal nor a reserve. This radical and un-/under-reported change could well prove very significant though given that the current head is now Larry Fink, CEO of Black Rock (evil company, check for yourself) things are not yet going well for the earth and its peoples.
Read the comments below the video - very informative and insightful. Jude
Yes. This is Significant News - but Disinformation - for the Q-types. Just Who & What is Black Rock?Quote:
Posted in reply to the post by Jude Iam:
Perennial post-adolescent, Brooklyn-based Anarcho-Capitalist Luke Rudkowski, the kid who does his daily Homework surfing the internet, has some interesting things to say about "Black Rock."
some unpacking of Fed-Treasury relationship by BRIGHT young analyst/ rabble rousers (hopefully)
start at 6 minutes:
https://www.youtube.com/watch?v=hQoiiYJJLZU
Jude
Quote:
Posted in reply to the post by Mayacaman:
Ever since 1914 there has been a privately-owned joint-stock Central Bank. They call it the "Fed." Twice before, in American history: 1791-1811, & 1816-1836, there were the two Philadelphia-based private joint-stock Central Banks, known as the "Bank of the United States."
Historically, the monetary radicals in America have always called for state control over the issuance of "Money." That is, that all "Money" be "created" directly by the Treasury Department, and not by Philadelphia or Wall Street Bankers operating through a privately-owned Joint-Stock Bank.
Jefferson himself was won over to the notion of empowering the Treasury to issue "Bills of Credit" (i.e., fiat dollars) late in life, thought he had been a "hard money" man (i.e., into gold, silver, nickel & copper coinage) when he was contending with Hamilton over these issues in Washington's first cabinet in the 1790's.
Abraham Lincoln began his political career in his early twenties as a "Henry Clay Whig"{the Whigs being the Party of the (Second, private / joint-stock) "Bank of the Untied States." But he was driven, by the exigencies of the Civil War, into the expedient and necessity of issuing bills of credit directly from the Treasury Department (the famous "Lincoln Greenbacks"). This, no doubt was one of the reasons why he was assassinated.
All during the latter part of the nineteenth century, after Lincoln, the "western Progressives" in the Republican Party, and the Green-backers in the "Populist" -or- "Peoples Party" remembered the interest-free Treasury Notes that Lincoln had issued during the Civil War. This is the current of the monetary idealism that carried on into the populist socialism of the first half of the twentieth century.
Nationalizing the Federal Reserve Bank was part and parcel of the Agenda and the Platforms of radical-left political parties in America in the 1920's and 1930's. Ironically, most of the so-called "left" of today has either forgotten or else is oblivious of this salient fact. Herein we may discern the long hand of the Rockefeller family & their minions and the old Chase-Manhattan Bank, in their marvelous aptitude for buying off and co-opting movements.
Ironically - perhaps - by the time the year 2016 rolled around, most of the folks who still hoped & longed for the nationalization of the Fed were no longer on the so-called "left." Donald Trump (with the savvy advice of Steve Bannon) made the nationalization of the Federal Reserve Bank a talking point in his 2016 campaign for the presidenzy. Was he sincere? That's debatable. The man is an opportunist. This we know.
But talking head Trump boosters - such as Robert David Steele - continue to spout the Q-line that Trump is about to nationalize the Fed. -Or that he has already done it - as in the spiel of the man in the link on top.
Several years ago, under my old handle here at WaccoBb, "Iolchan" I started a thread with a proposal for an "Amendment XXVIII." It is very long - longer than any amendment has ever yet been. But then again, the 'problem' also is enormous, and requires a number of provisions in order to rectify the accretions of the past two hundred and thirty years of American history.
Here is the link: Amendment XXVIII