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Forum Post: An indictment should be prepared for the board members of the Fed.

Posted 6 years ago on Nov. 23, 2012, 11 p.m. EST by GNAT (150)
This content is user submitted and not an official statement

It will soon become clear that the Fed took actions that willfully devalued the dollar, exacerbating the economic situation and preventing a recover. The loss of value will be the subject of the crime, foreknowledge of the effect on the dollar previous to the printing makes it a conspiracy.

Or you can just keep talking about change and economic inequality as you have done. There seems to be no apatite for doing anything with this momentum aside from making careers for pen pushers and cable news ratings.



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[-] 2 points by RedDragon (-161) 6 years ago

Bernanke should be up on charges.

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 6 years ago

We should write up a 'bill" of all their illegalities.

1 to #3. The FED 'bailout' of AIG was an illegal passthrough to the counterparties (including foreign banks) at a dollar on a dollar. They figured AIG as an insurance company would have public sympathy and that nobody would notice the foreign corporations and the payment percentage.

4. Other billions granted foreign banks.

5. Your OP.

What else?

One can recognize the true U.S. power centers because they are above the law and have unlimited budgets (i.e., printing privileges). The Fed qualifies.

[-] 0 points by shoozTroll (17632) 6 years ago

richard the soothsayer has now spoken through his illustrious sock puppet.

You must agree or be labeled a hack.

At least you didn't quote from the journal this time.

[-] 0 points by RedDragon (-161) 6 years ago

The African American community has been talking about this for some time now - the intentional crash of the dollar.

[-] 1 points by grapes (5232) 6 years ago

Thou shalt believe in the mighty dollar: http://tinyurl.com/c8tomty

Hank Paulson's last word there did weigh in as extremely predictive: "our economy, like any others, has ups and downs"