[MD] Shouldn?t we be, like, revolting ?

[Woods Woods]

dmb says:
The debates over the causes of the recent economic meltdown gets at this, I think. 
If the demand for oversight, transparency and accountability were added... 


woods:
    For example, the Federal Reserve, and specifically I'm talking about the one in New York City, 
is NOT transparent.  You can't audit it.  We don't know it's workings and dealings.  
It is a hub of the BIS (an international bank located in Switzerland), and yet, the Federal Chairman 
is appointed by the President of the U.S.  On top of this, the Federal Reserve, appt. by the President, 
is not a Federal Institution.  So, we have a Non-Federal Institution appointed by the President 
and sitting in on Senate and House Committee's the last two weeks in Washington, D.C. along with the 
U.S. Treasury Secretary - making policy, and this policy was one of most importantly debated 
events in U.S. history (in the top ten at least).  A private institute deeply involved in making 
policy in government.  Not on the sidelines for advice giving, but right in the trenches.  On top of 
this NO transparency for this non-government institution.  This is a bit odd don't ya think.  Add to 
this the BIS connection.  The Federal Reserve in New York City is a Hub of this international bank that 
regularly has meetings and forums discussing economic directions banks around the world will go in.  
That's the world market and there are handlers in this world, BIS, for one, IMF is another, that wield 
world policy influence.  The Federal Reserve in NYC was the largest and mightiest influencer in the 
world economy due to the U.S. dollar being the standard measure of monetary value (as noted in a previous 
post recently when the U.S. intentionally stopped backing the U.S. dollar with gold in 1971, thus, 
making the U.S. dollar the world market standard, not gold).

     Keep in mind one word:  Inflation


woods    

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