By Kurt NimmoDid you know it is verboten for the president to comment on the Federal Reserve?
Zero Hedge notes:
Desperate to change the narrative from her coughing fit, Hillary Clinton has come out swinging at Trump’s comments about how The Fed’s low interest rates have created an “artificially strong stock market,” exclaiming that presidents and candidates should not comment on Fed actions, showing he should not be president.In other words, the president is subservient to the chairman of the Federal Reserve, not the other way around as most people think (or those who bother to think about it).
The president nominates the chair and vice-chair of the private bankster cartel masquerading as a federal agency. He also appoints the seven members of the Board of Governors who are then confirmed by the Senate and serve fourteen-year terms.
Ditto Obama (Goldman Sachs, JP Morgan, Citigroup) and G.W. Bush (Morgan Stanley, Merrill Lynch, Goldman Sachs, Lehman Bros., Citigroup, Bear Sterns, Credit Suisse Group, Wachovia, JP Morgan, Bank of America).
“In 1903 Banker’s Trust was set up by the Eight Families,” writes Dean Henderson. “Benjamin Strong of Banker’s Trust was the first Governor of the New York Federal Reserve Bank. The 1913 creation of the Fed fused the power of the Eight Families to the military and diplomatic might of the US government. If their overseas loans went unpaid, the oligarchs could now deploy US Marines to collect the debts. Morgan, Chase and Citibank formed an international lending syndicate.”
The “eight families” are bankster dynasties, an oligarchy. They own most of the shares of the Federal Reserve and include the Rothschild Bank, the Warburg Bank, the Lazard Brothers, the Israel Moses Seif Bank, the Kuhn Loeb Bank, Goldman Sachs, JP Morgan, and Lehman Brothers.
The chair of this cartel reports to Congress twice year on the Federal Reserve’s monetary policy objectives and members of Congress—most notably Ron Paul—have criticized monetary policy but this has virtually zero effect on the Fed’s decisions.
“The Federal Reserve controls our money supply and interest rates, and thereby manipulates the entire economy – creating inflation or deflation, recession or boom, and sending the stock market up or down at whim,” writes the late Gary Allen. “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.”
This “science” is not the business of the president or Congress, let alone presidential candidates.
It’s the business of the private banking cartel.
Clinton knows the score, that’s why she told Trump to keep his mouth shut.
Kurt Nimmo is the editor of Another Day in the Empire, where this article first appeared. He is the former lead editor and writer of Infowars.com.
