Federal Reserve

Good Greetings new and old friends:

 

Here is a communication I recieved in my email from a user on one of the forums that I belong to.  It is from David Wilcock and Divine Cosmos... About the Federal Reserve.  I had a dream last night that they were all kicked out of the US and had to pay for thier dirty deeds.  And then I recieved this in my email!  Something is in the works...--- fairy

 

propos of the current thread on money, credit rates etc., here are some interesting excerpts from a transcript of a radio talk, David Wilcock and Rayelan Allen.

http://divinecosmos.com/index.php?option=com_content&task=view&id=475&Itemid=70

DW: There was a major hearing just the other day which is going to lead, most likely, to the stripping of the Federal Reserve of all its power. Bernanke was brought before Congress and was confronted with the fact that the Fed has spent somewhere in the neighborhood of ten trillion dollars in the midst of all this stuff going on with TARP.

Everybody's eye is focused on $780 billion, while in the meantime the Federal Reserve, with no government oversight whatsoever, has spent somewhere around ten trillion of taxpayer money.

[break]

RA: David, you said that Bernanke was grilled before Congress and it looks to you like the Federal Reserve is on its way out?

DW: Yes. The last Congressman to speak before Bernanke starts getting questioned is named Paul, Ron Paul.

RA: Oh my gosh.

DW: And he tears into the Federal Reserve. And this is after, like, three other Congressmen tear into the Federal Reserve — it's statute 13.3. Statute 13.3 in the Federal Reserve Act from 1913, when it was first created, specifies that in cases of emergency they can allocate funds without oversight, however they choose. And so there's a three-hour video that you can see on C-Span.

What you need to look for if you want to find this in terms of the hearing number on the C-Span website, I think you can find it with this — and I'll give you the link afterwards — but it's HP-A-15283. And you can probably Google it on C-Span. Look for Bernanke. It's like a three-hour and fifteen-minute video. It's huge.

But the point is, right from the beginning that these senators are coming out and saying, you know, that the Federal Reserve has this massive amount of leverage and it has misappropriated somewhere in the neighborhood of 10 trillion dollars. We don't know where it went. And then they basically call Bernanke out and he has to defend what they're doing in front of Congress. This goes on for three hours. So you can watch this video online.

[...]

[DW] Well, these senators are totally transparent. They're basically saying: "The Federal Reserve did a good job. We thank you for what you've done. But this particular code 13.3 has been abused and it's gotta stop. We're gonna need to basically manage you guys and oversee you guys. You're not going to be able to move money around without us seeing exactly what you're doing."

And Ron Paul just completely rips into 'em saying that they haven't even told us how much money they're printing. The M3 money supply has been hidden for two years.

[...]

[DW] Let's look no further than what just happened in this past week. This has been an amazing week where you have the CEOs of some of the top Wall Street firms — Goldman Sachs, Lehman Brothers, Merrill Lynch, on down the list — being dragged in front of Congress like little children being spanked, and told, "What the hell are you doing giving yourself these billion dollar bonuses? Give us the money back."

So it's like everybody's in on it and nobody in the power elite ever has to be accountable for anything they do. Well, that is breaking down left and right.

[...]

You have in this past week alone a wonderful video that I'm gonna link to in my article on divinecosmos.com — Representative Gary Ackerman from New York ripping the SEC apart, scolding them like little children, like an angry father yelling at his kids saying, "What the hell were you doing? You were supposed to be protecting us. Madoff was so obviously a Ponzi scheme. You knew this for 10 years. You didn't do anything. You looked the other way. Well obviously because they're all protecting each other."

[...]

RA: And you know, I just keep having this feeling, you know, like right at the moment we see almost a trillion dollars of our tax money going down the well in this stimulus bill that has been passed.

But I just keep having the feeling that one day Barack Obama will come up and he will say, "Federal Reserve bankers have robbed us blind. We have tossed them out of the country. We've seized all of their assets and I want you to know that we are a wealthy country."

[...]

RA: One of the things that I was going to remind our readers of… we found an e-mail address for the White House that really gets in there.

DW: Oh really?

RA: It's comments C-O-M-M-E-N-T-S [email protected] email address is being protected from spam bots, you need Javascript enabled to view it
I think that everybody listening to this show should put in an e-mail and just say, "End the Federal Reserve. Buy out the Federal Reserve. Use your clause in the original contract to buy out the Federal Reserve."

If we could get millions upon millions upon millions of emails going in, or phone calls going in, they would know that the American public understands the Federal Reserve.

DW: Well, they've just had congressional hearings in which they're being called on the carpet by Ron Paul and others for blowing 10 trillion dollars of your money.

Dr. RF: So they need the support of everybody in this country, starting with our audience and everyone that will spread the word.

DW: Right, because the media isn't gonna publish this story.

RA: Well, the Federal Reserve owns the media.

DW: Exactly.