The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Least Shocking 1.2 Teravolt Discharge Ever: The Federal Reserve Is A Conspiracy Against The Public

Posted on | August 22, 2011 | 19 Comments

by Smitty (via Reboot Congress on Twitter)

Yeah, had to look up the SI prefix on that one. Tyler Durden over at Zero Hedge reveals something you’ve more or less suspected, but didn’t want to go all tinfoil hat about, emphasis original:

. . .Wall Street’s (not to mention the rest of the world’s) biggest banks received a total of $1.2 trillion in previously secret Fed loans, in addition to the trillions in public backstops and loans from the US Treasury. As a reminder, “denominated in $1 bills, the $1.2 trillion would fill 539 Olympic-size swimming pools.” The best summary of this ongoing collusion between the Fed and Wall Street, in which it once again for the nth time becomes clear that all the Fed cars about is making sure its banking masters are never impaired, is from the article itself: “Even as the firms asserted in news releases or earnings calls that they had ample cash, they drew Fed funding in secret, avoiding the stigma of weakness.” And there you have it: everything that come out of Wall Street is and has always been a lie. . .

Now, I love my country, the Constitution, and its symbols; however, the level of global deceit involved with the Federal Reserve is such that I will agree: Americans have a substantial reason to be ashamed over this. This blog calls on all GOP Presidential candidates to estimate the number of shotgun shells they estimate it will take to put this zombie down, in the name of all that’s decent.

It is time to End the Fed.

Anticipating Bernanke’s kiss-my-rebuttal, he’d probably say that we want him on that bank, we need him on that bank. Bunk. This is a man, in a long series of men, on a policy bender, cheerfully deciding that what we all need now is a little more hair of the bitch. If Bernanke wants to stress test his wallet, that’s his prerogative. If our government fails to protect my wallet, and that of my children, then my government is illegitimate, unrepresentative, and debased.

It is time to End the Fed.

The Creature from Jeckyll Island will celebrate a century of undead, anti-Constitutional existence in 854 days, as of 22 August, 2011.  Of the two conferences in the American Political Football League that have perpetuated this monstrosity, the GOP is relatively more likely to step up to the [expletives go here] plate and finalize the Fed.

It is time to End the Fed. Come to think of it, 1.2 teravolts would probably vaporize the Fed nicely.

Related Rick Perry thoughts at Chicago Boyz. Meanwhile, The Moderate(ly Progressive) Voice links CBS giving a platform to the frequently helpful Ben Stein beclowning himself. Just because the Federal Reserve has been a slow-motion heist, Ben, does not justify it.


19 Responses to “Least Shocking 1.2 Teravolt Discharge Ever: The Federal Reserve Is A Conspiracy Against The Public”

  1. Republicanmother
    August 22nd, 2011 @ 2:37 pm

    “slow motion heist” — I like that.
    Ending the Fed will end just about everything that is wrong with our country: the welfare state, oodle of $ made on defense contracting, superfluous regulation, multinationals milking taxpayer money, bankster funded foundations socially engineering us into oblivion, etc.

  2. McGehee
    August 22nd, 2011 @ 3:25 pm

    I’m not so sure it will “end just about everything that is wrong with our country” but it couldn’t hurt.

    Besides, I’ve been told that the way to end just about everything that is wrong with our country is to legalize hemp.

  3. USA gave away $1.2 trillion to banks « Don Surber
    August 22nd, 2011 @ 12:15 pm

    […] UPDATE, from Smitty: “The Federal Reserve Is A Conspiracy Against The Public.” […]

  4. DaveO
    August 22nd, 2011 @ 4:34 pm

    So where did all the money go?

    What I would like to see the next 2 presidents accomplish:

    1. Full audit of the books

    2. Lawful prosecution of embezzlers, fraudsters, and crooks – regardless of party.

  5. Adjoran
    August 22nd, 2011 @ 5:11 pm

    And nary a word about the Bildebergers in the whole post?

    Pray tell, how do you propose, in your “post-Fed” world, to regulate the money supply?

  6. Anonymous
    August 22nd, 2011 @ 6:41 pm

    Ron Paul for Fed Chairman.

  7. Anonymous
    August 22nd, 2011 @ 7:07 pm

    Thanks to ever larger disk capacities, I don’t need to look up tera- as an SI prefix, because I’m used to dealing with kilobytes, megabytes, gigabytes, terabytes.

  8. Adjoran
    August 22nd, 2011 @ 7:36 pm

    But I’m already stockpiling canned food and ammo, what else can I do to prepare for the Paulbots’ Brave New World?

  9. McGehee
    August 22nd, 2011 @ 7:42 pm

    The prefix should be common knowledge in an era when the national debt is measured in terabucks.

  10. Mike
    August 22nd, 2011 @ 10:06 pm

     Well folks, hold on to yer jockstraps…I heard on the radio this afternoon, that it’s more like sixteen Trillion that’s been loaned to such banks as Citigroup, Stanley Morgan at over a Trillion each, plus some foreign banks…all at zero percent interest. Just try and go to your local bank and ask for a home loan at zero percent interest. That’s our money dammit!

  11. Give Us Back Our [email protected] Money, Fed Thief « That Mr. G Guy's Blog
    August 22nd, 2011 @ 6:21 pm

    […] Least Shocking 1.2 emTera/emvolt Discharge Ever: The Federal Reserve Is A Conspiracy Against The Pub…. […]

  12. Mike
    August 22nd, 2011 @ 10:24 pm

    MORE food and ammo.

  13. Anonymous
    August 23rd, 2011 @ 1:16 am
  14. Mike
    August 23rd, 2011 @ 2:04 am

    I found a few links to this story, also.
    It’s a friggin’ travesty is what it is. That’s the payoff on the National debt and then some.

  15. Republicanmother
    August 23rd, 2011 @ 10:56 pm

     Many people would get “depressed” and wind up with two bulletholes in their heads. The suicide notes for certain people are already written and filed under “contingency”.

    I’m just going off history. The last time an investigation was attempted on the gold in Fort Knox, Nelson Rockefeller’s secretary “fell” ten floors out of her window. Seriously – look it up.

  16. Republicanmother
    August 23rd, 2011 @ 10:56 pm

    Well, that would cut a lot of fat out of the justice system, so maybe they can pursue important things -like who’s robbing us blind!

  17. Anonymous
    August 23rd, 2011 @ 11:34 pm

    Don’t forget the bottled water to wash down the canned food.

  18. $5 Billion To B-of-A, And All The IRS Got Was A Lousy T-Shirt Full Of Platitudes : The Other McCain
    August 25th, 2011 @ 11:28 am

    […] it issued to Berkshire in that transaction earlier this year.It would be cool if we could rule out more federal reserve shenanigans. However, until such time as we return to a representative government, we can safely assume the […]

  19. GOP Leaders To Bernanke: “Stop, Or We’re Gonna Say ‘Stop’ Again!” : The Other McCain
    August 26th, 2011 @ 2:42 pm

    […] with Helicopter Ben having not said publicly he’ll do QE3.My question to the GOP, given the recent revelations about the Fed, is: What makes you think Bernanke won’t just do QE3 anyway, and not bother telling you? We […]