The Fed and Worries Over Ben Bernake

Today for the third day in row the Dow Jones went down for the thrid consecutive day. It has dropped over 5% in the last three days. Why you might ask? Oh, the "investors" are shuddering over the fact that Ben Bernake may not get reappointed to the Fed. Just think Ron Paul has started the audit the Fed movement, but many others want it nationalized as it is an unconstitutional institution.

It was formed in 1913 after a cospiracy of the few at the expense of the many. Jeckyl Island was where the perpetrators met. It is an international clique of families that created money out of nothing, and charges full face value plus interest.

The Fed turned this country into a debt based society from a credit based country. A debt based economy never has enough money as there is always the debt. The Fed control this country to its own benefit, and not that of the American people. It does it by controling the amount and the cost of money.

It has never been audited, and has never paid taxes on the profit that it makes.

Richard Nixon answered an ad in a local paper that was asking for people interested in running for Congress. Rep. Jerry Voorhis was the representative, but he was not liked by the North Eastern Bankers as he was pushing for the termination of the Federal Reserve. After all it is an unconstitutional organization, besides being criminal. Jerry had written a book about the Fed that the Fed was not too happy with.

The rest is history. Nixon ran, and was soon the darling of the Republican Party. He became the senator from California, and soon the Vice President under Eisenhower.
Remember he continued the Vietnam war four years longer than it should have gone. Kissinger felt that they needed the war continuing for the next election. The was helped drain the vaults of the US of its gold reserve. Then the dollar was in trouble, so Nixon declared that the US would no longer pay $33/oz. but either $38 or $39/oz (forgive me, but I cannot remember everything). It was in essence a devaluation of the dollar, and a declaration of bankruptcy. Later he gave the bankers what they wanted, which was a free floating dollar. Thus the speculators could set the price of currency, but better yet the unelected central bankers could control entire countries for their own devious ends.

So, why bring this up? Well the dump Bernake movement, and appoint another person may be simply to take the heat of the criminals, and avoid the audit of the Fed.
It is all a charade that is well written by those behind the curtain. The Wizzard of Oz does not want to be exposed for what he is.