Jerry Day’s Federal Reserve challenge:
If “End the Fed” is to be anything more than a mantra, then we must have a plan in place for how to actually end the fed and what we do after it’s gone.
It took a few months, but the Fed’s mouth-to-mouth resuscitation brought gasping investment banks and hedge funds and giant corporations back to life. Wall Street rejoiced.
But the Fed’s academic models never addressed one basic question: What happens to everyone else?
REFORM: ‘new’ financial system is a modified version of the same old corrupt financial system maintaining systemic fraud moving forward.
The value of national currencies can collapse, literally, in seconds.
Computers in financial markets may be able to respond in that speed but you and I do not.
Be prepared as best you can…
As many have heard by now, the leaders of the so-called BRICS nations – Brazil, India, China, Russia and South Africa – used the occasion of the 6th BRICS Summit in Brasilia, Brazil to announce the creation of the long-awaited BRICS Development Bank. Formally the “New Development Bank,” it will be based in Shanghai and capitalized with an initial $10 billion in cash ($2 billion from each of the five founding members) and $40 billion in guarantees, to be built up to a total of $100 billion.
“Once Peace Comes To Jerusalem, Peace Will Come To The Whole World”.
Too Classified To Publish: Bush Nuclear Piracy Exposed
Remember that these are the 15 bankers that held a closed-door, secretive meeting with Barack Obama at the White House on 12 April, 2013 immediately prior to when they used HFT algos to slam the price of gold by more than $229 a troy ounce on two consecutive trading days on 12 April, 2013 and 15 April, 2013, so if you want answers, start with the men below and their highest executives responsible for their trading desks, or at least the ones that haven’t yet committed “suicide”:
Lloyd Blankfein, Chairman and CEO Goldman Sachs
Jacques Brand, CEO Deutsche Bank
Michael Corbat, Chief Executive Officer Citigroup
Jamie Dimon, Chairman, CEO and President J.P. Morgan Chase
Sergio Ermotti, CEO UBS
James Gorman, Chairman and CEO Morgan Stanley
Gerald Hassell, Chairman and CEO Bank of New York Mellon Corporation
Jay Hooley, Chairman, President and CEO State Street Corporation
Abby Johnson, President, Fidelity Financial Services, Fidelity Investments
Steve Kandarian, Chairman of the Board, President and CEO Metlife
Brian Moynihan, President and CEO Bank of America/Merrill Lynch
John Strangfeld, CEO, Prudential
John Stumpf, Chairman, President and CEO Wells Fargo
Jim Weddle, Managing Partner, Edward Jones
Bob Benmosche, President and CEO American International Group
Abolishing fractional reserve banking and usury is the prerequisite to any meaningful changes in monetary policy.