Skip to main content

A single move by Bernie that could make banksters lose their sleep

by system failure

On December 23, 1913, the then US President Woodrow Wilson puts the final signature for the so-called Federal Reserve Act. Big private banks take control of the US money supply. In 1971, Richard Nixon ended the direct convertibility of the US dollar to gold, and as dollar became the global reserve currency, the absolute dominance of the banksters became definite.

Since then, the progress of the technology permitted the banking elite to strengthen its power through virtual circulation of huge amounts of capital at zero time. The paper/digital money is used now as a tool for dirty wars, buying governments, directing more and more money and power to the top. Just remember the cash that had been transferred by US army helicopters to Iraq. Or, observe how Greece is destroyed through the evil mechanism: for five years now, the economy has been destroyed by the IMF mafia policies, but the debt has risen enormously. The loans are coming to the country - supposedly for the payment of previous debt - and return to the creditors at the same time, while loading Greece with more debt. The money is circulated virtually, but the impact on people's lives is real. Salaries and pensions being reduced continuously, unemployment remains enormously high, social state is systematically destroyed.

Now that the experiment in Greece is about to end, the desirable conditions nearly achieved, and the "investors" of this evil money mechanism, are coming to take what has real value: state businesses, properties, land, mineral deposits, whatever they can. All for pennies, of course. Because they know very well that paper and digital numbers on a computer screen have no real value.

Bernie Sanders was the one who exposed the illegal mechanism of the Fed when the last major crisis exploded: “The Fed has thus far reported, without even disclosing specifics of its lending from its discount window, which it continues to draw a dark curtain around, that it supplied, in total, more than $9 trillion to Wall Street firms, commercial banks, foreign banks, corporations and some highly questionable off balance sheet entities. (Much smaller amounts were outstanding at any one time.)

Let's face it: the state and state's institutions have become a decorating element of what we call "Democracy". Banksters and corporate lobbyists have the absolute power and they want even more. They promote further deregulation through TTIP-type agreements to destroy any chance for the states to regain real power to control them.

Bernie says he'll break up the big banks, but that's not enough. Because we should always have in mind that the free market is a fairy tale. This is a closed powerful system with a few leading currencies that shape the Western monetary monopoly, all connected with the most powerful of all at the top. And the banksters control the "machine" in order to print dollars, physically or digitally, as many as they want, whenever they want. And, direct them wherever they want.

In case he get elected, Bernie could make a checkmate move to beat the banksters. And that is, nationalize the Fed. Which means that the money control would pass to the state. Then, Bernie could easily do what he promised to the American people: free healthcare and education for all. Public investments all over America that could create millions of new jobs with decent salaries and could also drive up the salaries in the private sector. Money would be directed to the bottom 99% instead of the top 1%.

The international financial mafia who controls the entire planet through the Western monetary monopoly and the dollar "printing" machine located in the US, has already a serious reason to worry: the emergence of a rival independent monetary system by the BRICS and the Sino-Russian alliance.

Recent attempts by the mafia to put the Chinese currency under control and break the alliance, indicate that the mafia indeed is sensing a threat concerning its dominance. And that's because the rival currency system may be proved much more reliable than the bubble economy of the dominant model.

Banksters could suffer a double hit. One from inside through the nationalization of the Fed, and one from outside with the form of a rival monetary system that could offer an alternative to debt-enslaved colonies like Greece. So, through only one key move, Bernie could make banksters lose their sleep ...

Read also:

Comments

  1. Anonymous1/2/16 19:07

    Totally agree, nationalize the Fed and take away the oligarchs trough. The experiment in capitalism has failed because the banksters are corrupt to the core and do not deserve the power we gave them. Controlling the money supply should be a function of government and no debt should incurred to fund.

    ReplyDelete

Post a Comment

Popular posts from this blog

UN says Israel is committing crimes against humanity & 'extermination' in Gaza

Geopolitical Economy Report   The United Nations Human Rights Council published a report that concluded that Israel has committed war crimes and "the crimes against humanity of extermination" in Gaza. Ben Norton analyzes the statements by UN legal experts.

Day 1900: Julian Assange still in prison and under slow-motion execution by the Anglo-American imperialist criminals

failed evolution   On 11 April 2019, the Ecuadorian government of traitor Lenin Moreno, invited the Metropolitan Police into the Ecuadorian embassy in London, and they arrested Julian Assange . Since then, Assange is kept in Belmarsh high security prison in London, without actual charges.   The real reason world's number one political prisoner is still kept in this high security prison, is because he exposed horrendous war crimes carried out by the US imperialists and their allies.   The ruthless Western imperialist regime wants to punish the No1 real journalist in the world and make him an example for any Whistleblower or real journalist who will attempt to expose its big crimes in the future.   And the Anglo-American axis has now become officially a fascist coalition , framed by the rest of its Western pets. UK's Home Secretary Priti Patel, one of the most ruthless ever, decided to extradite Julian Assange to US. No surprise of course. The only question we had in mind is

Exposed: How Biden & Ukraine’s Fascists Worked Together to Block Peace with Russia

BreakThrough News   Newly released treaty negotiation documents show that Ukraine and Russia were very close to ending the war—more than two years ago, in April 2022. But U.S. imperialists and NATO have worked with and strengthened the right-wing in Ukraine to achieve their long-term goals in the region, including endless war, no matter how many people die. Brian Becker is joined by Eugene Puryear, co-host of The Freedom Side , to discuss the newly revealed documents showing how the Ukraine war nearly ended two years ago but were sabotaged by the intervention of the White House and the Ukrainian far-right. They discuss how Ukraine’s economy has been totally mortgaged to U.S. and European interests. 

BlackRock & Wall Street banks are profiting from Israel's crimes in Gaza, UN says

Geopolitical Economy Report  Top UN human rights experts called on Western weapons corporations to stop sending arms to Israel, saying they could be complicit in war crimes. Asset managers like BlackRock and Wall Street banks are also profiting. Ben Norton looks at the evidence.

Socialism or Barbarism: What’s at Stake in this Election & Beyond

Double Down News   Roger Waters meets Fiona Lali. Fiona Lali is the independent candidate for Stratford & Bow.   https://www.fionalalircp.com 

Israeli documents show expansive government effort to shape US discourse around Gaza war

As the Gaza war rages, Israeli funds target US college campuses and push to redefine antisemitism in US law   by Lee Fang and Jack Poulson   Part 3 - Substantial Israeli government involvement in American politics   Haaretz and the New York Times recently revealed that Chikli’s ministry had tapped a public relations firm to secretly pressure American lawmakers. The firm used hundreds of fake accounts posting pro-Israel or anti-Muslim content on X (formerly Twitter), Facebook and Instagram. (The diaspora affairs ministry denied involvement in the campaign, which reportedly provided about $2m to an Israeli firm for the social media posts.) But that effort is only one of many such campaigns coordinated by the ministry, which has received limited news coverage. The ministry of diaspora affairs and its partners compile weekly reports based on tips from pro-Israel US student groups, some of which receive funding from Israeli government sources . For example, Hillel International, a co-foun

A historical turning point has just occurred ... and it is not the Trump assassination attempt

globinfo freexchange   The biggest crime of our century, that is, the genocide of Palestinians by the Zionists has been almost forgotten. And while everyone is distracted by the war in Ukraine and the assassination attempt against Donald Trump, a development of historic proportions took place. The development either escaped from the corporate media radars in the West, or, deliberately ignored.   The integration of Russia's and India's payment systems marks the definite rejection of the Western SWIFT system, dominated by the US dollar, and the complete detachment of BRICS from this system.   As Kitco News reported recently:   The trend of de-dollarization continues to gain traction despite many analysts saying the threat is overblown as India and Russia have announced a new partnership that will see their respective payment systems – India’s RuPay and Russia’s MIR – integrated to allow for seamless cross-border transactions without the need for U.S. dollars.  The partner

Israeli documents show expansive government effort to shape US discourse around Gaza war

As the Gaza war rages, Israeli funds target US college campuses and push to redefine antisemitism in US law   by Lee Fang and Jack Poulson   Part 1 - Redefining antisemitism   Last November, just weeks into the war in Gaza, Amichai Chikli, a brash, 42-year-old Likud minister in the Israeli government, was called into the Knesset, Israel’s parliament, to brief lawmakers on what could be done about rising anti-war protests from young people across the United States, especially at elite universities. “ I’ve said it before, and I’ll say it again now, that I think we should, especially in the United States, be on the offensive,” argued Chikli. Chikli has since led a targeted push to counter critics of Israel. The Guardian has uncovered evidence showing how Israel has relaunched a controversial entity as part of a broader public relations campaign to target US college campuses and redefine antisemitism in US law. Seconds after a smoke alarm subsided during the hearing, Chikli assured the l

Συνασπισμός προοδευτικών δυνάμεων με ηγέτη τον Γιάνη Βαρουφάκη

... για να γλιτώσει η χώρα μια και καλή από τη Μητσοτακική λαίλαπα   failed evolution   Η διάσπαση του κεντροαριστερού χώρου καλά κρατεί, όπως ακριβώς ήθελε η ντόπια ολιγαρχία.   Ο στόχος όμως της στρατηγικής ήττας ΣΥΡΙΖΑ και η επαναφορά ΠΑΣΟΚ στη θέση της αξιωματικής αντιπολίτευσης, απέτυχε και πάλι.  Απέτυχε και η απομάκρυνση Μητσοτάκη από την ηγεσία της ΝΔ και ύστερα από αυτό το Βατερλό στις ευρωεκλογές, οι ολιγάρχες θα πρέπει να είναι στα κάγκελα και να κάθονται σε αναμμένα κάρβουνα. Οπότε χρειάζονται νέα εναλλακτική. Επιχειρήθηκε άλλο σχέδιο, την τελευταία στιγμή και στο πόδι, με βάση το οποίο οι αποστάτες της ΝΕΑΡ θα πήγαιναν στο ΠΑΣΟΚ, έτσι ώστε το ΠΑΣΟΚ με τις έδρες τους, να έκλεβε και τη θέση της αξιωματικής αντιπολίτευσης από τον ΣΥΡΙΖΑ. Απλά, γρήγορα και εύκολα. Το σενάριο διαδόθηκε από καθεστωτικά φερέφωνα που προσπάθησαν να δημιουργήσουν το κατάλληλο κλίμα. Φαίνεται ότι, τουλάχιστον προς το παρόν, κάηκε γρήγορα. Επιχειρείται τώρα νέο σχέδιο με σύνθεση ΣΥΡΙΖΑ-ΠΑΣΟΚ και ε

De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it

Geopolitical Economy Report Countries around the world are seeking alternatives to the US dollar. IMF economists say de-dollarization is "broad-based". The Federal Reserve reluctantly admits that it is happening. Ben Norton analyzes the latest research.