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» Beware Federal Reserve Theft:

Beware Federal Reserve Theft

Posted by on February 15, 2011 at 4:26 pm.

I am amazed at the expertise with which the Federal Reserve has conducted it’s latest theft of the american taxpayers money. Remember all of that toxic debt the Federal Reserve Purchased from the corrupt banksters? Guess who is on the hook for that debt? You guessed it. The american tax paying public. That is, what’s left of the taxpaying public. On January 6, the Federal Reserve announced a new accounting trick that transfers responsibility for all of that debt from them to us. The Economic Policy Journal reports: “The change essentially allows the Fed to denote losses by the various regional reserve banks that make up the Fed system as a liability to the Treasury rather than a hit to its capital. It would then simply direct future profits from Fed operations toward that liability…”
The Fed can print all of the money it wants, but those of us who are forced to work for that money could get the bill for it’s losses:  http://globaleconomicanalysis.blogspot.com/2011/01/timothy-geithner-meets-vladimir-lenin.html Once again proving that the Federal Reserve System is the greatest system of fraud ever perpetrated. Trillions of dollars are stolen and 99 percent of the public isn’t even aware there was a robbery. Just another case of  mainstream media missing the boat. If you think Glenn Beck or Brian Williams are going to report on any of this you are sadly mistaken. Turn off the cable TV and turn on  Hammering Truth.

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