Wednesday, September 17, 2008

The Federal States of America

I argue that this could be our new title as a nation. It is really disconcerting to see the Federal Reserve loaning literally Billions and Billions of dollars to large banks for the companies success and that it really is not being scrutinized. What does this mean? What power do we have when all these banks default to the Federal Reserve and the FR takes control of some of the most powerful corporations in the world. Here is my speculation, that the FR can see what is going to happen or at least has a good idea of the direction, and in a result to prevent any blame or skepticism is essentially "loaning to the poor" now because that way later on they can just say this is business we tried to help and they couldn't hold their own. It is a "we had to do it" type of situation. So what does a Country where the government has the control of all the money (now) and the govenrment has the control of the people's money as well (future)?

It really is a freaky realization that is apparently not on the radar...

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