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CENTRAL BANKSTER THIEVES GANGING UP

By Pete Moore On November 30th, 2011

“The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing coordinated actions to enhance their capacity to provide liquidity support to the global financial system.”

Hey, everything we’ve done has failed, shall we print up every bit of paper we can find? According to the Bank of England, the purpose is to “ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity.”

In a nutshell, this is massive, global money-printing. Price inflation is already chronic for many people around the world because of previous attempts. It is mega-theft, literally stealing the value of our money directly from our pockets, committed by the world’s pre-eminent organised crime racket.

Hang on to your hats, buy gold, silver and stock up on what you like. Prices will soon be going much higher.

UPDATE: Ron Paul Statement On The Fed’s Bailout Of Europe ….

The Fed’s latest actions in cooperating with foreign central banks to undertake liquidity swaps of dollars for foreign currencies is another reason why Congress needs enhanced power to oversee and audit the Fed.  Under current law Congress cannot examine these types of agreements.  Those who would argue that auditing the Fed or these agreements with central banks harms the Fed’s independence should reevaluate the Fed’s supposed independence when the Fed bails out Europe so soon after President Obama promised US assistance in resolving the Euro crisis.

Rather than calming markets, these arrangements should indicate just how frightened governments around the world are about the European financial crisis.  Central banks are grasping at straws, hoping that flooding the world with money created out of thin air will somehow resolve a crisis caused by uncontrolled government spending and irresponsible debt issuance.  Congress should not permit this type of open-ended commitment on the part of the Fed, a commitment which could easily run into the trillions of dollars.  These dollar swaps are purely inflationary and will harm American consumers as much as any form of quantitative easing.

The Fed is behaving much as it did during the 2008 financial crisis, only this time instead of bailing out politically well-connected too-big-to-fail firms it is bailing out profligate government spending. Citizens the world over deserve better than this. They deserve sound money that cannot be manipulated and created out of thin air by central planners who promise printed prosperity. Fiat money caused this European crisis and the financial crisis before it.  More fiat money is not the cure. The global fiat currency system has proven itself a failure, we need real monetary reform. We need sound money.

13 Responses to “CENTRAL BANKSTER THIEVES GANGING UP”

  1. Watch this explanation by Max Keiser and Stacy Herbert about how the banks which created the debt whirlwind are setting up Italy to lose all of its 2,400 tons of gold:

    http://rt.com/programs/keiser-report/episode-216-keiser-gold/

    In short, the banks have manoeuvred their man (3-card Monti) into position to put Italy’s gold as collateral for its next bond issue.

  2. Our UK gold reserves….Brown said sell it..it’s just useless junk in the trunk. So he gave it away at bargain prices.

    Yet another example of Brownian genius at work. If Brown told me ‘water is wet’ he’d be proven wrong in a short time.
    Being so consistent…it’s a talent.

    Yeah Italy’s borked. Almost as much as we are.

  3. The man who would audit the US’s gold reserves is such a threat to the Establishment that any reports in the MSM get pulled before they can do ‘damage':

    http://www.guardian.co.uk/commentisfree/2011/nov/30/1

    Of course, there’s no conspiracy because it’s done quite openly.

  4. “REMOVED: Ron Paul labels Newt and Mitt muppets”

    Could be that Ron Paul slandered The Muppets with that comparison.

  5. In a nutshell, this is massive, global money-printing.

    Precisely. And of course it will fail, as always. The crash can be postponed, but it cannot be avoided. The bad debt will have to be recognised and written off:

    “Giving bankrupt entities the ability to borrow more money does not make them solvent, and so if we look past the manic rally in speculative assets, we see that debt will still have to be renunciated, written down, forgiven, wiped off the books–whatever terminology you prefer.”

    A voice of sanity crying in the wilderness.

  6. It seems tha Newt Gingich cheated on his wives because he loves his country so much.

    Newt Gingrich: “There’s no question at times of my life, partially driven by how passionately I felt about this country, that I worked far too hard and things happened in my life that were not appropriate. And what I can tell you is that when I did things that were wrong, I wasn’t trapped in situation ethics, I was doing things that were wrong, and yet, I was doing them. I found that I felt compelled to seek God’s forgiveness. Not God’s understanding, but God’s forgiveness. I do believe in a forgiving God. And I think most people, deep down in their hearts hope there’s a forgiving God. Somebody once said that when we’re young, we seek justice, but as we get older, we seek mercy. There’s something to that, I think. I feel that I’m now 67 I’m a grandfather. I have two wonderful grandchildren. I have two wonderful daughters and two great sons in law. Callista and I have a great marriage. I think that I’ve learned an immense amount. And I do feel, in that sense, that God has given me, has blessed me with an opportunity as a person. Forget about all this political stuff. As a person, I’ve had the opportunity to have a wonderful life, to find myself now, truly enjoying the depths of my life in ways that I never dreamed it was possible to have a life that was that nice.”

    Troll – newt’s your man.

  7. I am hearing much harsh and even contemptuous criticism of Newt, from prominent conservatives, just now from Michael Savage

  8. What a hypocritical jerk.

    The nerve of the man is amazing, and the fact that he is in with a good chance of the nomination speaks volumes for what the party of Lincoln has become.

  9. So it turns out that none of the GOP candidates are perfect. So what. Any GOP candidate is better than Obama.

    and just look at their qualifications. we have running for the nomination: 3 Governors, 1 Speaker of the House, 2 sitting Congresspersons, CEO of a major food chain and even an Ambassador to China…

    what was Obama’s experience? oh yeah…community organizer and then a couple years in the Senate voting “present.”

    so, do not despair, oh ye Republican voters and wannabe Conservatives out there – the 2012 – regardless of the individual – will be a victory against the ineptitude and the socialism of Barack Hussein Obama and his little band of Progressives.

  10. So it turns out that none of the GOP candidates are perfect. So what. Any GOP candidate is better than Obama.

    and just look at their qualifications. we have running for the nomination: 3 Governors, 1 Speaker of the House, 2 sitting Congresspersons, CEO of a major food chain and even an Ambassador to China…

    what was Obama’s experience? oh yeah…community organizer and then a couple years in the Senate voting “present.”

    so, do not despair, oh ye Republican voters and wannabe Conservatives out there – the 2012 – regardless of the individual – will be a victory against the ineptitude and the socialism of Barack Hussein Obama and his little band of Progressives.

  11. http://m.youtube.com/#/watch?v=5Lo3DUUcJQg

  12. Any GOP candidate is better than Obama.

    There speaks the true party hack.

  13. Peter

    True

    Anyone ” from either party ” who ever makes a comment like that isn’t thinking.

    They put party before country, which is not good.

    Michele Bachmann has a most excellent foreign policy though. She will close the US Embassy in Iran!!

    http://www.huffingtonpost.com/2011/11/30/michele-bachmann-us-embassy-iran_n_1121873.html

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