Ron Paul’s predictions are all coming true. Here is a particularly unfortunate one.
It took long enough, but perhaps sooner there wasn’t enough economic misery among the American people to accept this plan as a good idea. It may not be enough misery yet, but to float this idea now, before the economic collapse and/or inflationary depression actually hits, makes it look like the Fed is ‘ready’ and prepared to ‘help’ us.
The NY Federal Reserve President, Timothy Geithner, has obliquely announced the benefit of, and the intention for, a global reserve bank. Of course, he has his own interests, as being the key architect of the HUGELY EXPENSIVE Bear Stearns bailout implies. For the Fed, financial structure over any other interest, any other consideration, is critical, particularly if your goal is to have ONLY ONE GLOBAL BANK.
In what can ONLY be construed as a complaint, given the unbelievable authority over all things economic that our so-called ‘representatives’ just gave the Fed,
“At present the Fed has broad responsibility for financial stability not matched by direct authority and the consequences of the actions we have taken in this crisis make it more important that we close that gap,” Mr Geithner says, in an excerpt of a speech to be delivered today at the Economic Club of New York.
A global bank will need to have assets to back up their system- destroying all the savings, acquiring through foreclosure millions of homes and business properties, buying up assets for pennies on the dollar, ALL ON AMERICAN TAXPAYER FUNDS, explains the flaccid impotence of Bernanke to act in such a way as to protect the American dollar, American assets or the taxpayer financed banking structure.
The ONE WORLD GLOBAL BANK is coming, at YOUR expense. You won’t have any assets left to provide for yourself, your children, your retirement. There will be NOTHING except a depression so great that unless we accept the electronic Amero (or other global currency) funds made available only through implantable electronic RFID chips, you will most likely die of starvation, homelessness or imprisonment.
Welcome to the fruits of the Federal Reserve Banking system.