Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy

“The bold effort the present bank had made to control the Government, the distress it had wantonly produced … arc but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution, or the establishment of another like it.” - Andrew Jackson, referring to the Second Bank of the United States

“Congress Demands Answers from Fed, Bear Stearns” reads one headline on Reuters, while another from the Wall Street Journal online states “SEC Role is Scrutinized In Light of Bear Woes”. It appears that our dutifully elected politicians will hold a hearing next week to examine the details of the J.P. Morgan Chase & Co’s (JPM) bailout of Bear Stearns (BSC) and the role that the Federal Reserve and U.S. Treasury Department played in helping.

Why would Congress want a hearing for answers they should already know? Are they that ignorant or is it because it is an election year and they want to make it appear that they are working for the public good? Maybe the protesters in Bear Stearns’ lobby demonstrating against government bailouts of big banks while homeowners are abandoned had something to do with it. No, our lawmakers are just ignorant.

For the uninitiated and our naïve congressmen officials, here is a quick history of the Federal Reserve System which may be an oxymoron in terms of context. A grand illusion because there is nothing federal about it, no actual reserves and definitely not a system, but a central bank that our forefathers never would have approved.

The Federal Reserve System was a plan hatched in secrecy in 1910 on Jekyll Island by seven men representing ties to the major banks. Henry Davison a senior partner of J.P. Morgan and Benjamin Strong the head of J.P. Morgan’s Banker’s Trust Company were members of this elite group of seven.

In 1913, the Federal Reserve Act was passed and Benjamin Strong became the first head of the Federal Reserve System. The banking cartel was born with the full protection of our own government as its partner. The scam has been running for almost a century and really had only one purpose, making banks more money and creating a hidden tax to American citizens through inflation for the government.

(A central bank) is “a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.” - Andrew Jackson

This leads us to the present day with the bailout of Bear Stearns. It’s a case of the banks’ version of the boys club. The Fed and U.S. Treasury brokered a deal for J.P. Morgan in haste without question. Usually, such huge deals or mergers would go through committees or FTC oversight, but none of that here –a quick weekend jaunt in the park. It was not surprising that no red flags were raised about J.P. Morgan’s chairman, James Dimon holding a board seat at the Federal Reserve Bank of New York when the deal was made. J.P. Morgan Chase walks away with a bargain and Bear Stearns’ executives keep their bonuses.

Bear Stearns is just another investment bank that could have gone under and we would all survive. Banks were going under a dime a dozen back in 1907 before the creation of the Federal Reserve System. The actions of the Fed in the bailout were nothing more than the banking system protecting their Wall Street friends. The same thing happened during the S&L bailout of the 80s.

Should the average American consumer feel sorry for the 14,000 Bear Stearns’ employees? Probably not when they realize that according to the January 2008 Annual report, $3.46B was paid out in employee compensation and benefits in 2007 and $4.34B in 2006. That’s an average of $244K/310K per employee respectively for the past couple of years. Do you feel sorry for them now?

“Using a central bank to create alternate periods of inflation and deflation, and thus whipsawing the public for vast profits, had been worked out by the international bankers to an exact science.” - Gary Allen

The end result is that the American taxpayers will once again have to take on the burden for the greed and excess of Wall Street. The hidden tax of inflation will rise as the Fed pumps more fiat currency into the economy bailing out and helping their Wall Street friends. The economic stimulus rebate given out this summer is but a pittance compared to the taxes that will have to be paid back.

“The new law (Federal Reserve Act) will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.” - Charles A. Lindbergh

Before making a decision to cast your vote this election year, you should read this great book, “The Creature from Jekyll Island”, by G. Edward Griffin or read the excerpt here.

Our great nation is on a downward spiral, it is no time to be complacent. Do not trust the politicians, lawyers, bankers or the government to tell you the truth.

Comments

[Perspective]

Why do people believe in such stupid things in this day and age? Actually with all the information tools available these days how can junk like this not spread around like a bad virus.

Umm, where should we start... How about all the other central banks in the world, are they also conspiring with the US Fed?

[oottoo]

This article is complete rubbish.

[Britishsteel]

God Bless You! For having the Balls to print this. No other analysts,talking heads or even our ELECTED REPRESENTATIVES HAVE THE BALLS TO TALK ABOUT! THE TIME HAS COME TO ABOLISH THE FEDERAL RESERVE! You all must write your congressman and tell them they are GONE UNLESS THIS DONE. We have been enslaved to credit for far too long . No BULLSHIT,NO EXCUSES GET IT DONE! OR else you will be out of a job too. And if it takes a revolution THEN SO BE IT! IN 1776 we fought because of taxation without representation and I for one am willing to do it again.

[BalanceSheetChecker(BSC)]

Did Ron Paul put you up to this?

www.ronpaul2008.com/ar.../

[deecee]

Yes, Dr. Paul has a mind-control mechanism called truth.

[deecee]

p.s. @perspective: Yes.

[crone]

We would all do well to heed these words. I would not have believed them prior to reading Creature from Jekyll Island. If these thoughts seem alien to you, and you do not believe there are such evil, conniving, vicious people in our government and central banking, you have a lot of reading to do.
Try Confessions of an Economic Hit Man, by Perkins - then Whose Trade Organization by Wallach and Shock Doctrine by Klein. The last is a very difficult book to read, and if you are a loyal American you will find the facts in it loathsome.
Finally, if all that doesn't sway you - listen to someone whose opinion deserves respect, Thomas Jefferson:
“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”

[Nate C]

Hi Lee,

Thank you so much for writing this article. Talking about the legality of the Federal Reserve has become taboo. We never ask wether it is constitutional. The truth of course is that the Fed is an illegal institution that was created for the banks to bail them out with taxpayer money. The Fed Reserve banks are all owned by corporations.

If you read the constitution only Congress can issue currency. The Fed, through its criminal operations devalues the dollar and severely reduces our purchasing power through inflation.

If we want to solve the financial crisis, we should abolish the Fed and let the banks solve their own problems. I assure you that if the FED was not there to bail out the banks, the banks would not be handing out sub-prime loans.

[Wez]

Just so I too can drink the conspiracy koolaid, can somebody give me the cliff notes version of what evils the Federal Reserve system represents? I'm seeing it touched on here, but can't quite put my finger on what exactly is happening that warrants such concern.

[pharma]

"How about all the other central banks in the world, are they also conspiring with the US Fed?"
No, but they have their own governments to "guide" them in a "right" direction.

During the last few years, US iBanks distributed to their employees and owners through compensations and bonuses well over $100B. Not bad.

Closely working with hedge funds, iBanks rip off zillions $$$ from the US economy and its citizens. Good many hedge funds managers were getting billions dollars in annual compensations. Did these people do anything useful to the society in general? Hell no!

This time, these "rubber barons" did not rip off just Americans. This time, they rip off the entire world.

Consequently, the era of US dollar, as the world reserve currency [or a very useful credit card for the US government], is about over. The USA may have a huge domestic trade deficit but US foreign trade deficit is about to shrink dramatically. Not too many will be ready to extend credit to a thief.

[Britishsteel]

I was the first to comment but my comments have been removed .
I guess you do not believe in what you wrote

[Britishsteel]

sorry I refreshed page and did not see my comment and no Ron Paul did not put me up to it ,he is like the rest of them. Where is he standing up and speaking out about this nowhere thats where he is afraid of them. He tries to be the civil gentlemen but he knows he has been margianilized so he is only going through the motions.

[User 169616]

if you want to be entertained, watch CNBC, FOX etc.... and they will keep you happy. You want truth, ask yourself why the Fed and JPM were in such a hurry to do a deal at $2. Was it to avoid the DISCOVERY that would come in bankruptcy court? Where the public could know the scams hidden in BSC? Or do want to go happy on your way that the FED performed a miracle. I believe the former...it's your choice........

[Britishsteel]

User 142738 maybe the conspiracy is that what they tell you , the talking heads [who's jobs are on the line] and the rest of the media. they tell you to buy on dips when the markets have lost 2000 point's since january? yea Bud keep buying your dips, see you on the bread lines like bear stern employees lol

[Britishsteel]

WEZ maybe its time you started doing your own research and take resposibilty for your finacial future

[pharma]

Just a brief note.

What a coincidence:

- In 1913, the Federal Reserve Act was passed. The banking cartel was born with the full protection of our own government as its partner.

- The First World War started in 1913

[Britishsteel]

Perspective YES central anything is socialism do you not get IT?

[Wez]

Britishsteel.....no thanks, I have no interest in spending precious time on conspiracies. I was just curious if someone could present me with something I could fact check easily......to save time. Most things true in life can be presented in simple terms. Most conspiracies require extremely complicated versions of reality that don't hold up over time.

[chush.net]

All of this is pretty obvious. There's one problem - if you do not trust the politicians, who do you vote for? A tribal leader, a priest?

[Tao]

All I know is there has been a massive transfer of money from the middle class to the wealthy and we don't have anything to show for it except mutual funds that are going down and they are infected with those subprime loans.

[Tao]

I should have said the funds are filled with banks and other institutions that are infected with subprime loans.

For the first time since I started investing, I don't know of a safe place to invest. Bonds are not safe. The subprime fiasco was also exported overseas. EtFs may be safer, but not if they mimic the funds exactly.

[BalanceSheetChecker(BSC)]

Of course no one can present any facts about this so-called conspiracy because there is no conspiracy. If there was a conspiracy it would, of course, be easily verifiable by checking said facts. Of which clearly there are none. Everything is out in the open and there is nothing to see. Let's all just forget about all this fuss and get on with life as normal. Nothing happened here. Please move on. There is nothing to see.

[pharma]

"if you do not trust the politicians, who do you vote for?"

The answer is simple: I vote for the least evil or don't vote at all.

[pharma]

"Of course no one can present any facts about this so-called conspiracy because there is no conspiracy."

Wowed by Fed, do you need a signed by Fed Chief confession?

Fed is NOT a part of the federal government. Fed is a private entity. Therefore, it defends and promotes special interests of its members [that is major banks].
Do you need any other proof?

[clitosil]

How about the fact that Paulson was recently the head of goldman sachs, switched over to head treasury, and the whole time that the sub prime thing was going on he continued to cheerlead the economy, while GS was the only IBank to make big profits in the downturn. And now Goldman Sachs experts are being invited to the white house to "discuss" the situation. JPM was also the bank of choice to lead the bailout after the crash of 29.

[clitosil]

Or how about the way greenspan flamed both bubbles back-to-back, then bailed out of the hot seat right before things went south. Then what did he do? He got a board seat on one of the few hedge funds to profit in the downturn.

[poet1]

C.Y.A.

[User 49837]

l

[REBEL]

One has to admit - the scam is clever, (as were the 9-11 attacks). The 2008 US dollar has the purchasing power of 4 cents in 1913 money. The banks, (with the Fed running interference for them in order that the sheeple will not get wise to the scam), have been funneling US citizens wealth to the banks for over a century now, (the creation of the Fed in 1913 was an action by the world banking system to facilitate the process of wealth removal). Yes, it is downright evil for the US government to aid the banks in this theft, but the only way for the government to survive is to live on "funny money" and the banks have no qualms about subverting the US and it's citizenry. So get used to the idea. Helpful advice: 1; Stay healthy - hard times will get MUCH WORSE before they get better and you & your wits will be what guarantees your survival.
2; Despite the government's most strident attempts to outlaw or confiscate them, guns are the citizenry's friend in defending against a tyrannical government. Think of guns as a helpful tool - which they are - and a reliable friend in your time of need. 3; Start a garden - the Fed's printing presses are no help in feeding you. 4; If you give the government your liberty in exchange for government security

[REBEL]

4; If you give up your liberty in exchange for government security you will end up with neither, (check out the Baby Boomers' Social Security or their Medicare).

[blastus]

Only the most wretched, dull-minded men and women of the U.S. believe, as an article of their faith, that their bankers and government officials are incapable of conspiring together. And contrarily the same men and women sware that the bankers and governments of all other countries do conspire together against the common people.

Any people who impute such blamelessness unto their bankers and government while also readily imputing guilt unto the bankers and governments of other people bare witness that they have deified their bankers and government; for no man has ever accused the god he worships of having commited a crime or wrong doing.

[Wez]

Last time I checked, my wealth was accumulating due to prudent investing, savings and working hard at my career. I feel sorry for all the other Americans who are being preyed upon by evil bankers and Fed workers. I guess I really am ignorant to the impending end of times......ignorance really is bliss.

[Forexinvestor]

Wez: I hope your investments are in other currencies than the USD for your sake. In January 2000 one USD was equal to 1 EUR... today, .63, about a 40% loss.

Here's some food for thought about the Bankers and their confidence and being truthful. Jimmy Cayne, the former CEO of Bear Stearns who resigned in January just cashed out his stock holdings in BSC at $10.84 a share for $61Million. Yep, he still makes money after driving the company almost to the ground.

Goldman Sachs had been reporting blockbuster numbers for the past year and things were rosy at the firm... yet recently announced laying off 15% of it's workforce as reported by the New York Post.

Which brings us back to BSC where they were saying things were ok even days leading up to the bailout.. even the SEC chimed in to say things were ok. Hmmm... who can we trust?

Keep an eye on Lehman...

[User 169855]

I guess I'm confused. If you all know this is going on and banks will continue to be successful via a built-in conspiracy...why wouldn't you long banks (and iBanks) and attempt to profit from your advanced research?

[Karl M.]

The biggest cash out in the history of this country is underway. Now is the time for the wealthy to get theirs and call it a day with the U.S. being a preeminent superpower. Pundits asking for proof are either lazy or in denial, let them do their own homework. The printing of money and transfer of wealth from lower to upper classes will continue until they have milked it for all its worth.

Younger generations are in for a rude awakening. Bankrupt social security, a government massively in debt with no economic driver in sight, a federal reserve system mandated to ensure the protection of the wealthy at all costs and a lack of vision among politicians as to the next direction this country must take.

America is breaking into new, nonsensical ground by the day from the way the federal reserve deals with crisises to politicians political posturing in hopes of cashing in on votes. Thus we advance into uncharted territory and it looks like a dreary, hostile wilderland.

[nukldrager]

Interesting the number of comments this article has generated. Could it be that it adds more flesh to the specter that has it's hands in our wallets, making it a little more visible? I want to believe that Wez's championing of good money management is still the way to go, and that we have the freedom to do that with success, but if the game is really as rigged as it appears, it puts a lot of faithfully held beliefs in question. If the highways and mall parking lots start to empty out, then Karl M may be right. But I don't think the worlds money leaders, whoever they are, will let that happen. They have to keep enough money out in the world so that consumers remain viable. Consumer spending is reported to be 70% of GDP. My guess is that that number will be protected.

[Handy Fuse]

"Consumer spending is reported to be 70% of GDP. My guess is that that number will be protected."

This is part of the problem--we have been spending "money" borrowed from credit cards and home equity loans. Credit-card debt was securitized like the subprime mortgages but is not asset-backed by so much as a carport. The problem facing subprime-mortgage securities is waiting in the wings for credit-card and home equity securities and would prove even more disastrous. Credit-card issuance has already been reduced and home-equity lines of credit are being canceled.

It's simple--the consumer will have no money to spend since the US savings rate is 0. Unless the government begins passing out money as in a bread line, as it is currently attempting to do with its $600 gift to each taxpayer, there will be no way to maintain current levels of consumption.

[nukldrager]

Good point. Matt Blackman's comment..."As Jim Grant said in his March 2007 interview, the CDO creators and rating agencies built their models that basically discounted the probability for a real estate price meltdown (since median prices had not dropped significantly since the Great Depression). There were no contingencies for such an event as evidenced by the fact that a large number of SIVs did not have accompanying mortgage documents (which is now rendering them unenforceable in the courts). In other words, such an outcome was considered a black swan event when such events were determined to be near impossibilities.

My contention is that mortgages represent a relatively small part of the total $530 trillion derivatives market that has been built on similar assumptions. Like a black hole, few have any idea how these instruments work and what will happen when the unexpected happens." ... might even inform the article's proposition.

[FXTrader40]

It is clear that the banking system is favored by the government, for most of the reasons in the original post. However, banking now actually represents a disproportionate amount of total corporate profits. I think the number was 40% in 2007 (even worse, banking represents only 4% of the workforce). More than manufacturing and IT combined. If this is the case, the government is proping up banking in order to ensure the continued tax revenues they have been receiving. I guess the double-whammy comes when banking makes no profits (and pays no taxes), and the rest of the economy has been moved off-shore (so really no tax revenue for Uncle Sam at all). If you extrapolate that every $ banking makes filters down into the rest of the economy for goods and services (e.g. dining out, buying a car, etc.) it becomes pretty clear that banking is the core industry of the USA. Without it, the whole boat sinks. Indeed, at this point, I would say that saving it is a matter of national security. Hence, the bailout of the banks is really a cheap way of saving the rest of the country from going under. If a bank goes under, a manufacturing plant will not go up in it's place. Lower cost regions already have that wrapped up. Banking--this is the end game of capitalism. If banking cannot continue to produce inovative products that the global markets want to use (which it has clearly done in the past---including sub-prime, CDO, etc), the USA will not be in a very good position at all.

[DANNY1015]

One point you made seems to be a little misleading. My wife worked for Bear stearns for 27 years leaves evert day at 6am and usually get home between 6 or 7pm and doesnt make millions only an average salary and all her stock she aquired there which was a good part of our retirement was lost and she has friends there with the same situation,SOME MADE MILLIONS

[DANNY1015]

I FORGOT ONE OTHER THNG SHE PROBABLY WONT HAVE A JOB EITHER

[Vance]

You all have compelling arguements about the Federal Reserve, If you want to believe that the Federal Reserve is just a piggy bank for Wall St. that is probably the case. If we forget history we tend to repeat it, author fails me at the moment, but what can the little man do that knows whats going on but doesn't have the power to change anything? who do you trust to follow when someone says we must unify and change our Government? I'm 39, white, single, straight, with no kids, spouse or parents, :-(. Nothing is going to change in my life time, so I figure, cut as many cooperate corners as you can without attracting attention, put it to big business any way you can, be as comfortable as you can for as long as you can because when the show is truely over, "You can't take it with you"
[e-mail]

[Vance]

P.S. I bought BSC @ 5.91.

[AmesTiedeman]

This really is a great quote:

“The new law (Federal Reserve Act) will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.” - Charles A. Lindbergh

[AmesTiedeman]

Vance, then sell!

[jngtelco]

This misuse of power will continue as long as we allow our elections to be run by corporate donations using whatever disguise is necessary to influence and elect the candidate of their choice.

[zenalgorithm]

The banking industry is the only industry allowed to legally fix prices.....

The banking scandals keep getting bigger. Something needs to be done. Perhaps the 5-20th biggest banks need to be broken up. Also foreign ownership of the banks should be questioned if the FED continues to exist.

Bears Stearns was a corrupt organization - creating and selling CDOs as AAA rated, when in reality only about 10% of the assets in the average CDO being "legitimately&quo... AAA rated. What BS.

[larz]

I read that Jekyle Island book a few years ago. These naysayers I think are in for a surprise, I think it is likely that the international bankers are taking down the US economy soon. I'm going to look
into switching my 401K into bonds.

watch this video:
video.google.com/video...

I know it sounds hard to believe, but that's how it works, they realize people will find it hard to believe. The more outrageous the lie the more likely people will believe it, as the nazis realized. Do you think there is no conspiracy behind the Iraq war ?

Other central banks ? Just look at the economic straights of all these countries.

[Forexinvestor]

Does anyone realize that taxpayers are still paying for bailout of the S&Ls?

"The $157-billion bailout was financed by floating 30-year bonds, the interest on which will make the ultimate cost much higher. The actual total will depend on what interest rates end up being between 1990 and 2020, but estimates range from $500 billion to $1.4 trillion (in other words, 1,400 billion dollars)." --

www.thirdworldtraveler...

[larz]

The way this system works, is that it has been evolving for a very long time. The international bankers have been manipulating governments for so many years that they have learned many lessons from their mistakes so that they can operate with greater stealth and subtly in order to avoid the suspicion of the public. I think it is interesting that this kind of fed action is new and unheard of, that would perhaps be just like them to try something different. Do not think of them as typical bankers as there are only a few tiny families that own over 1/3 of the worlds wealth, and many that you think are top players are just their pawns. Watch the movie I posted on the last comment. It is 3.5 hours long and will tell you as much as the jekyl island book and you won't have to go out and buy it. This video is called "The Money Masters" and can be found with google

[Spanky]

While the Fed function is not perfect - the alternative would be another step towards socialism or communism. Additionally, it would be fair to estimate that 14K employees did not average 244K each - the professionals at the bank made far more than staff. Additionally, why do other "free" nations have central banks - oh I know because they all aspire to dupe everyone. Conspiracy theorists - blame - and never propose true alternatives

[larz]

It's always easier to point out problems than propose solutions, I think that is just part of reality.

What may be surprising is that in some instances central banks help promote socialism because the people at the top realize that if they can put nations in debt, they are empowered. Just look at all the third world countries in debt to the world bank.

This might shock you, but the Russian revolution was funded by wallstreet in order to overthrow the previously existing Russian Czar.
Check into that if you care to. I think it is an established fact and I don't think you can disprove it.

Anyway, look at how much of the world lives in poverty, it's a staggering number. I don't see how central banks really help, they may just confuse you with fancy sounding talk or arouse in you fears of people in the ghetto getting a free ride and becoming empowered.
The last 8 years we have had all kinds of fear mongering over WMD, yellow cake uranium enrichment from Niger, AlQaida links to saddam and all kinds of things that are just fairly tales.

[Forexinvestor]

I think the video explains it all... watch it and you will find your solutions.

[clitosil]

It's not socialism we are heading towards, its fascism: the melding of corporate and federal government power

[Vance]

I will at $10 or more.
P.P.S If there is something after our existence here, it is a save bet to say the time we spent here, rich or poor, black or white, foriegn or domestic probably will be AUDITED.

[Vance]

[e-mail]

[Tao]

I have heard a few things, but am not sure how to put it all together. Bear Sterns book value, their buildings etc is worth $80 a share. The way the deal was done, on a weekend was suspicious.

Bloomberg says that gdp is 60% domestic. Has that recently changed?

I read once that we pay the federal reserve retirees a lush retirement. If that is true, then they are part of the government?

Credit tightening is sure to make things worse, so that is being done for a reason.

Most of the media's purpose seems to be in making the Bush crowd look good and the Democrats look bad.

Could it be that many of our leaders, who think they are so smart, have been had by a ponzi scheme? The same ponzi scheme we have been sold?

Correct me if I am wrong, but the national debt is only 2% of the gdp. Social Security debt, owed by the government, is only a little over 1% of the gdp. Not extending the tax cuts could straighten out a lot of the financial mess.

Some are predicting the gdp will be 485 trillion in 40 years. Why doesn't the government tax the war profits to pay for the war?

This country is like Bear Stearns. Many workers didn't earn very much, while others made many millions.

A sign of greed is when a company pays it's workers enough to get by, but never enough to get ahead.

[larz]

I remember seeing in that video that Lincoln got around being in debt to the international bankers for running the civil war by printing greenbacks. I suppose that may cause inflation as well, but I think the point that was made that it was preferable to borrowing money from these guys.

Napoleon sold Lousiana to the US so that he didn't have to borrow money from them.

I think if anything, the Iraq war could have a negative effect on the economy, especially if it goes on for another 5 or more years.
It's funny how they never talk about that cost and how it could be effecting the economy

[scousekraut]

The National Debt is not 2 per cent of GDP it is over nine trillion dollars and does not include future commitments of over 40 trillion in social benefits. Total debt in the USA including corporate and consumer is about 53 trillion.

Lincoln initially went to Wall Street to ask the bankers for money to finance the war and they wanted outrageous interest rates. He declined, asked for advice, and decided to print his own money interest free. These note were green on the back and became known as Greenbacks. A few days after the end of the Civil War he was shot and died of his wounds. Evidence points to the Rothschilds as being behind it.

And they, through their network in Wall Street and Washington, were behind JP Morgan, - a Rothschilds agent - , the banking collapse of 1907 and the Federal Reserve.

The Federal Reserve Act was written before the meeting on Jeckyll Island mostly by Paul Warbourg of Kuhn and Loeb. The meeting in 1910 was to decide how to get the bill passed. It failed the first time under Republican sponsorship and so they got a couple of Democrats to sponsor it, reorganised it and rebranded it as a bill to control the bankers on behalf of the people.

[larz]

I've heard about alleged connections to Lincoln's assassination to the Rothschilds. I usually don't mention what many would view as the more far out aspects of conspiracy theories. People give me a hard enough time about the more basic aspects.

The jekyl island book I think alleges that the JFK assasination has possibly similar characteristics. JFK had supposedly said he had uncovered a conspiracy to undermine the freedom of America shortly before he was killed. I forget the details, but this was connected to the Gold standard and maybe it was JFK had a desire to go back to the gold standard ? I forget, but looking at the video of the assassination, it seems very clear he was shot in the front.

I found conspiracy stuff kind of fascinating, I usually go through some kind of withdrawal period where I feel I have overdosed on my research, it can be very dark and depressing, then somehow I'll pick it up again ...


I also heard JP Morgan's estate was not worth as much as people had imagined after he died and that was because he was a front man for the Rothschilds

[User 170953]

"... who do you vote for?"

The person with a track record of telling us about these problems, and of offering solutions such as the competition in money act, is Ron Paul.

[nukldrager]

Seeking Alpha is very interesting. I've learned more in a few short weeks here and would like to say thanks for providing information, and a platform for comments from anyone.

[Vance]

I was surprised to see the Rothchild's mentioned, Id like to hear the story behind them. The bottom line is the system will never be fair to everyone.

[irishrugby]

Is there not something funny about how we allow certain words to loser their actual meaning and become punchlines for the corporate media pundits? "Conspiracy" and "Liberal" are the ones that come to mind for me.

Isnt it more incredible to believe that the wealthy elite of this world would NOT conspire to maintain and enhance their position, than it is to believe they do?

To dismiss legitimate questions about assassinations, 9-11, or Fed bailouts as being misguided because they are representative of "conspiracy theories" is just a word game that when repeated often enough becomes popular wisdom. It's popularity makes it neither "wise" nor even accurate.

Ask the hard questions, of yourself, and of those whom you employ (in the US, that would be your government). We truly can make the world a better place, but first we should deal with the elitist corporate cancer that jeopardizes America's head and heart.