Forum Post: A private group of BANKSTERS that we call THE FEDERAL RESERVE caused this GREAT RECESSION driven by GREED to raise interest rates 17x in '03-06 for their profit and not in the best interest of the Country, People or the Economy
Posted 12 years ago on Oct. 23, 2011, 7:41 p.m. EST by FedWallFedWellFedUP
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A private group of BANKSTERS that we call THE FEDERAL RESERVE caused this GREAT RECESSION driven by GREED to raise interest rates 17x in '03-06 for their profit and not in the best interest of the Country, People or the Economy -- Bernanke says they also caused The Great Depression then made it worse in a 2003 speech to the FRB! http://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm
this is completely backwards, in particular the low rates created the bubble and misallocated wealth via the bubble.
Yes, have to be like a broken record, I keep sending the message out and hope it will stick. We are a crucial crossroads, either we focus in on repealing the Federal Reserve Act, thereby cutting off the bankers from their endless supply of free debt money and governmental control, it's end game and we lose.
Yes it is true, watch these two videos, they explain the scam very well:
http://www.youtube.com/watch?v=gV9A2IGShuk
http://www.youtube.com/watch?v=G9IH-XKQpOI
If people understood where the rot stemmed from, they would not be wasting time on peripheral issues.
agree...we need to repeat this over and over....til it sinks in