Forum Post: Are we Occupying this matter as we should? And in the numbers we should?

Isn't for anyone out there particularly interesting - and miraculously timely - that the ECB (European Central Bank), Central Banks from numerous countries and, at the lead, our Federal Reserve (which private shareholders own and have a stake on the ECB too) most of came to the rescue yesterday and allowed the flow of liquidity back into the market (by agreeing to lower the cost of current U.S. dollar swaps by 50 basis points from Dec 5 through Feb 1, making it cheaper for banks to get U.S. dollar liquidity when they need it) so to avoid further Europe (and global) collapse?

Why isn't anybody wondering why this comes out just a day or two after a major Bloomberg report leaked news that the Federal Reserve has been secretly giving loans to banks in the 7.7 trillion range from 2007 and 2009? A report which prompted a wounded, infuriated Dennis Kucinich to make a statement denouncing it. A statement that would only be harmful to someone's life had he/she the power to and wanted to change things.

And I quote:

"Rep. Dennis Kucinich (D-OH) called for the U.S. Federal Reserve to be reformed after Bloomberg reported the central bank secretly loaned nearly $8 trillion to financial institutions from 2007 to 2009. Tens of thousands of documents obtained by Bloomberg under the Freedom of Information Act showed that banks reaped an estimated $13 billion in profits thanks to the low-interest loans. JPMorgan, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley accounted for $4.8 billion of that total."

So, what Kucinich is suggesting in short is to incorporating the Federal Reserve into U.S. Treasury (the latter really only functions as a printer for the Federal Reserve) and therefore under US government jurisdiction and no longer a private endeavor only chartered by but not in control of the US government. In essence we print our money (greenback anyone), and why should we not? The system cannot be reformed, it has to be dismantled and its act of 1913 repealed.

Why isn't anybody finding our rants and disagreements about the 7 billion TARP - in contrast to these findings - not only half-assed acrobatics in the circus of the obtuse but also mortally insulting?

Why isn't anyone looking at the fact that liquidity flow, or the restrain of it, is historically and par-excellence, the single most effective mechanism for short-term, unprecedented gains, and the effect in diminishing the (now almost certain) destiny of the Euro is not only extremely short term but almost insignificant?

And why isn't anybody following the money? Looking specifically at the WHATS and WHOS made those gains the last 24+ hours? If you cannot fid those you can at least know the GAINS details pertaining to the 7.7 trillion. Look at the interactive Bloomberg chart at the report link to know the Whos and How Muchs. And as if the ripping gains on this secret low interest loans to the monolithic banks where not enough, they were after people's homes.

Why isn't anybody looking at the fact that this liquidity is brought on from thin air - not actual reserves of any kind - and that this worm box not only opens the door wide for a harder meltdown around the corner and crippling hyperinflation?

Why are the contents of this Bloomberg report (short of horrendous content) not being even mentioned in the media that much - or talked about or mentioned in most status updates on most social networks? Well, that has a few answers:

1) Allowing the flow of liquidity back into market yesterday even if just for a day created the largest Wall Street gains since March 2009, although that doesn't translate into a better economy, it creates the illusion of the signs of improvement, we are all happy for a day and go back to our pay per view programming.

2) Point #1 has been taking up all the media attention in the last 24+ hours, so add to that the Los Angeles 100mph winds from last night, and then there is no air time for enraging news of such magnitude.

3) People are apathetic. I understand the increasing necessity of feeding our terrible addiction (our need for attention and to make up for our emotional shortcomings) in our social networks but it amazes me. Nobody, nothing. Can't we just add (for every single, mundane, unimportant "I-just-went-into-wholefoods-now" status update) a post that could broaden people's awareness of what's happening?

4) This is why these things will not cease. Because we don't care enough. Will we care enough when it gets to the point where occupy-like movements will turn so desperate that will find no other conclusion that we can only resort to violence? Thus creating the ideal situation to call it Without Rule of Law? You know what happens next? Why do you think that that is such a remote possibility? No nation is immune to it. Why don't we drop our onerous indoctrinated text books and read actual history through that become aware of what is really going down today? Isn't it our duty?

Am I so off at being so pissed at this? I wasn't even born here. But I have embraced this nation as if I was.

Is this what we are? Or what we are considered to be given our inaction? A bunch of cowardly, uninvolved ignorant sheep? We know more about what celebrity did what or married who or what happened on episode such than what we should know in order to live in freedom. I posted it before, If we want our soil to be the Land of the Free, we must first turn it into the Home of the Brave.

A simple word here about the greenback or our ability for us (the nation) to print our own money: it belongs to the People, interest and debt-free money. It was proposed before. Jackson got it a done for a while until the system found its way back with a different name and then Lincoln went after it and so did Griffiths and so did Kennedy. Do the math. I'll let you do your own research, if you care. This is the number four Federal Reserve (Central Bank of North America, First Bank of the United States, Second Bank of The United States before). The contrary for a nation to print its own money: Federal Reserve Banking System (Central bank/s to be privately owned and the notes they issued are to be interest-bearing). You never end up paying your debt. Never.

The system is - for lack of a better, more adequate term - fast as pestilence and profoundly parasitic. It has not limits. It will never understand that notion. And with a furious appetite, will irreversibly transform or kill its host.

The Report from Bloomberg:

http://www.bloomberg.com/news/2011-11-28/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income.html