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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (27408)	3/13/2010 5:28:31 PM
From: Skeeter Bug	3 Recommendations Read Replies (1) \| Respond to of 71456

badddabing! the fed is already trying to blame shift... the fed knowingly broke black letter law for decades... but here is the smoking gun... market-ticker.denninger.net remember, their legal mandate... Federal Reserve Act Section 2a. Monetary Policy Objectives The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates. [12 USC 225a. As added by act of November 16, 1977 (91 Stat. 1387) and amended by acts of October 27, 1978 (92 Stat. 1897); Aug. 23, 1988 (102 Stat. 1375); and Dec. 27, 2000 (114 Stat. 3028).] and they got their captured media to mislead people by never mentioning their true mandate to keep credit aggregates in line with GDP (while they took credit aggregate parabolic against GDP)... they simply talked about employment and prices (excluding anything that went up like housing and fuel, of course!)... notice the lies in this Fed propaganda piece... not mention of keeping credit aggregates in line with GDP... nothing - yet that is their first and foremost legal mandate! towards the bottom they say that other banks own the fed, but the citizens own the fed. no, other banks own the fed and the citizens don't own chit! goebbels would stand in awe of this propaganda... the fed came up with this "dual mandate" crap to focus on the results of the mandate and not the mandate itself. the mandate is to keep credit aggregates in line with gdp, not to do what they actually did - and send credit parabolic against gdp! the results of keeping credit in line with gdp is stable employment and prices... their goebbels propagand machine shifted the emphasis away from their legal mandate and onto the expected results of following the mandate. they lied! they still lie! they are criminals and financial terrorists! they planted financial WMD and are in the process of blowing this nation to chit. join the resistance... swarmusa.com