The Federal Reserve System

September 26th, 2013

With the continued Great Depression of the New Millennium, to the Federal Reserve I say:

“You can fool some people sometimes…

                …but you can’t fool all the people all the time.” 

And, maybe The Fed has me fooled as well.  But either way, I say it’s time The Fed declares a fiduciary responsibility to the People of the United States or it’s time for our Federal government to ‘Shred The Fed.’

Adam Trotter

Concerning the Federal Reserve System and Fiduciary Responsibility….

http://adamvernontrotter.blogspot.com/2010/10/concerning-federal-reserve-system-and.html

Thomas Jefferson and the Federal Reserve System.

http://adamvernontrotter.blogspot.com/2010/06/thomas-jefferson-and-federal-reserve.html

The Time to ‘Shred the Fed’ Appears to be At Hand.

http://adamvernontrotter.blogspot.com/2010/08/time-to-shred-fed-appears-to-be-at-hand.html

Definition of Terms: "Shred The Fed"

http://adamvernontrotter.blogspot.com/2011/02/definition-of-terms-shred-fed.html

The Great Depression of the New Millennium

http://poetrybyadamvernontrotter.blogspot.com/2011/03/great-depression-of-new-millennium.html

Central Banks Only Cause the World’s Economic Problems, Not Solve Them.

August 11th, 2011


According to Bloomberg News, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota stated: “Central bankers alone cannot solve the world’s economic problems.” One thing WE citizens all can be sure of, however, is that Central Bankers alone can cause the world’s economic problems – and seem to do so with the blessing of national politicians who typically appear as nothing more than lackeys and errand boys of the central banks, of course.

The Federal Reserve System has enabled and brought about the devaluation of the U.S. Dollar/Federal Reserve Note. The massive devaluation of the U.S. currency is readily evidenced by the all-time-high dollar value of gold. (The Fed holds much of the nation’s gold – worth noting.) Also, the massive devaluation of the fiat dollar helped to cause the real estate bubble. The massive devaluation of the dollar clearly has caused the difficulty with the U.S. Bond – its rating and down-grading. So without a doubt, the central banks – or at least the Federal Reserve System – can and have caused the world’s current economic problems.

Adam Trotter / AVT


PS. Please remember that the likely unconstitutional Federal Reserve System is not a government agency. "Shred The Fed!!"


PSS. I will argue in support of these statements in blog entries to follow. AVT


See:
Fed’s Kocherlakota Hinted at Willingness to Break Ranks on Policy in 2010
http://www.bloomberg.com/news/2011-08-11/fed-s-kocherlakota-hinted-at-willingness-to-break-ranks-on-policy-in-2010.html

Fed to Hold Interest Rates Steady and Low – Fed Appears as Stupid and Slow!

August 9th, 2011


While the nation is in the throws of the Great Depression [and liquidity trap] of the New Millennium and with the recent [and probably long overdue] down-grading of U.S Government bonds, The Federal Reserve announced its plan to hold interest at all-time-low rates for two years. While history debatably has shown that lower interest rates during economic down-turns helps to increase dollars in the marketplace to spur economic growth, the present circumstances seem unlike anything in the nation’s history.

The Federal Reserve – while claiming to be acting in the nation’s interest – is quick to keep more and more dollars in the marketplace as this apparently allows the Fed to continue to ‘have its cake and eat it too.’ What I mean by such a statement is that the Fed clearly has a long-standing policy which includes the massive devaluation of the U.S. Dollar/Federal Reserve Note for any number of reasons of which I repeatedly have blogged. Now the Fed can try to flood more dollars into the marketplace through lower interest rates in a claimed attempt to help grow the economy out of this depression while also further devaluing the Dollar which appears as what the Fed has wanted for years. And, of course, it is likely the extremely devalued Dollar has led to this latest Great Depression [and liquidity trap]. This announced and extended low interest effort probably will be fruitless anyhow as the banks seem unwilling to lend money. In the end, Citizens should seek to understand why the Fed desires to appear as helping the nation while, in fact, it ultimately will continue its long-standing policy regime that has surely led us to this Great Depression [and liquidity trap] of the New Millennium – again, such a regime which includes as its cornerstone the extreme devaluation of the U.S. Dollar/Federal Reserve Note.

To continue along the same economic path that the Fed has invoked in the past and which likely caused the current economic difficulties surely seems foolish – in my opinion. So foolish does the policy regime of the Federal Reserve seem that it would appear that President Obama would do better to hire me as Treasury Secretary than to allow the Fed to do its own bidding and to continue its current policy regime with the apparent blessing of the Administration and Treasury Secretary Geithner (a Secretary who appears no more than as a mouthpiece for the Federal Reserve). Why do I say this? Read on….

What should the Federal Reserve System be doing in the midst of the Great Depression [and liquidity trap] of the New Millennium to help the nation? Well…, I think I know what they should be doing during this liquidity trap which has maintained this economic depression and I have blogged about my ideas in the past. Furthermore, without any doubt, I believe the nation would be better served to ‘Shred the [unconstitutional] Fed.’ The apparent fact remains, however, that the nation’s politicians are unwilling to ‘buck’ the all-mighty Federal Reserve System. (Ask me why, if you don’t think you know already.)

Of course, I am aware that no one may really understand how the nation’s and world’s economies function and interact. Regardless, in light of the Federal Reserve’s recent track record there appears one thing that we can all be sure of, such being that the nation would be in a better position economically if the Federal Reserve was to do exactly the opposite of what it thinks is best!!! Again, why do I say this? Because, given a liquidity trap compounded by an ever-devaluing Dollar, the low bond rates are the likely source of the economic problem!!! At the risk of sounding as arrogant as the Federal Reserve and our nation’s politicians, I find it odd that one such as I would even believe it necessary to explain such an issue to the fat-cats of the Federal Reserve that run and own our nation and its economy!!! As a result, I believe it is clear that The Federal Reserve and all those that endlessly support the Federal Reserve System are either stupid, in denial, or really don’t care about the welfare of the nation and its populace! It is clear at this point in time that the Fed doesn’t know what to do or doesn’t want to do as it should to fix the nation’s and world’s current economic mess.

Adam Vernon Trotter / AVT


See also:
Fed: Low rates to stay till at least mid-2013
http://www.marketwatch.com/story/fed-low-rates-to-stay-through-at-least-mid-2013-2011-08-09


U.S. Federal Government Debt Difficulties? What Should a Citizen Do?
http://adamvernontrotter.blogspot.com/2011/07/us-federal-government-debt-difficulties.html


Incompetence and Confusion: Federal Reserve to Raise Interest Rates? U.S.Dollar, Liquidity Trap, Inflation, and Savings.
http://adamvernontrotter.blogspot.com/2011/06/incompetence-and-confusion-federal.html

A Just Government Fears Not…
http://poetrybyadamvernontrotter.blogspot.com/2011/03/just-government-fears-not.html

U.S. Federal Government Debt Difficulties? What Should a Citizen Do?

July 26th, 2011


To me, solving the long and short-term financial debt levels of the U.S. Federal government appears as an easy-fix. In my opinion, the debt levels could be drastically reduced while government agencies maintained sufficient funding to perform their required functions and no tax increases would be necessary. However, OUR nation’s governments and the politicians who populate those entities seem unable to recognize how to concurrently attain these goals – goals which may seem as a dichotomy to those blinded by long-standing and unnecessary government paradigms.

With our politicians and governments seeming as ignorant or as maintaining motives for not solving the nation’s economic difficulties, the American Citizen is then left in a quandary. Should the Citizen denounce and reject the U.S. [Federal] government, its politicians, and its typical way of business, or should the Citizen demand action within the allowances of nation’s current framework to rectify the many ills of the nation’s on-going economic problems? Essentially, I would tend to the latter choice and some combination of the following actions/changes within the nation's framework are what I would offer as demands to help to bring back the overall economic well-being of the Citizenry – in keeping with our nation’s current framework which allows for such changes:

FIRST, the Citizenry should DEMAND THE REPEAL OF THE ELEVENTH (11th) AMENDMENT to the U.S. Federal Constitution. The First ten amendments to that sacred document are what WE in America recognize as OUR Bill of Rights. It’s ironic that the first follow-on amendment added to the Constitution – after the first ten – is so opposed to the spirit of the Bill of Rights. The first ten amendments, of course, being brilliantly authored to reflect what is known to be Right and proper. Then along comes the Eleventh Amendment which attempts to do its best to negate much of the first ten amendments when such is applied to a U.S. state or government agency (and its officials) in our Land. By allowing the politicians, officials/bureaucrats, and governments themselves to stand in opposition to what is known to be Right and proper and true, and then for the Constitution to provide a shield from any liability for the governments’ negligence/ignorance, appears as contrary to the American way – with the American way being that WE are accountable for our actions and WE attempt to correct our mistakes. However, there is no denying that the Eleventh Amendment allows for absolute negligence from OUR governments. As they are not liable or held accountable for their actions, the government entities and officials then have little reason to care of negligence or ineptitude, apparently.

The SECOND DEMAND that the American populace should put forward to fix OUR current economic mess, in my opinion, is to DEMAND THE REMOVAL OF ANY POWERS ENUMERATED TO THE FEDERAL RESERVE SYSTEM concerning OUR nation’s economic well-being – powers which would appear as improperly/unconstitutionally enumerated from OUR Federal government. Aside from the nation’s current economic mess, even former Fed Chairman Alan Greenspan himself stated in his book that the economic boom years of the President Clinton era were a testament to the inability of the Federal Reserve to properly control the nation’s economy. Forgoing his explanation for his statement, such a statement nevertheless shows the Fed is not as all-knowing as it would hope to appear concerning our nation’s economy in spite of having the better part of a century in which to practice its economic operations. So it would seem to this day that the nation would probably be better off without the Fed – as was the nation for much of its history. Whatever the Fed might be doing to better the nation’s economy, such does not appear to be bettering the matter for the nation and the populace. Then again, maybe the Fed does not want to better the economy of the nation – as it is not a government agency, it maintains no fiduciary responsibility to anyone other than itself, nor does this federal/national banking cartel seem to be required to uphold the nation’s Constitution either, as would be required of Federal government employees/entities.

As a possible THIRD DEMAND to be in the best interest of the populace to fix the American nation’s current economic mess, I might suggest that AN INTRINSIC/REAL VALUE BE SET FOR OUR NATIONAL CURRENCY. I am aware that we have all heard (or been told) that a non-fluctuating [U.S.] currency or fixed exchange rate could not function in the modern financial era. Of course, for many years, OUR nation had no nationally recognized/issued paper currency. Once adopted, OUR printed currency then generally maintained a fixed-exchange rate for significant periods of time. Then, long about the 1970’s, or so, the American/U.S. Dollar (or Federal Reserve Note) became a traded commodity – and from the People’s perspective, the nation has slipped down the hill of economic well-being ever since. All the while during the nation's economic slide, the value of the Federal Reserve's gold holdings have likely increased ten-fold. Of course, the currently traded fiat Dollar and its varying exchange rate is essentially managed by the Federal Reserve System (with our dollar also being known as the Federal Reserve Note) – which brings us back to the first two demands as delineated above in this writing.


So again, I would suggest that its time to dump the Federal Reserve System and probably time to repeal the Eleventh (11th) Amendment to the U.S. Federal Constitution as well as fixing OUR currency. I can’t guarantee that these steps will immediately solve all the nation’s economic difficulties nor do I claim that there exists no other valid idea(s) for bettering OUR current economic well-being. However, I could guarantee that such steps/demands as explained above would likely go a long way toward fixing much of the nation’s current economic woes.

Adam Trotter / AVT



The Economy is Bad. Where is The Fed?
http://adamvernontrotter.blogspot.com/2011/07/economy-is-bad-where-is-fed.html

The U.S. Federal Government: Its Debt and Its Apparent Stupidity.
http://adamvernontrotter.blogspot.com/2011/07/us-federal-government-its-debt-and-its.html

The Economy is Bad. Where is The Fed?

July 16th, 2011


The national U.S. economy seems really bad. Where is The Federal Reserve System [/The Fed] and what are they doing about the nation’s current economic situation? As The Federal Reserve System has had the better part of a century to practice running the nation’s economy and while concurrently/potentially owning OUR Federal government, what is the U.S. central bank (who we call ‘The Fed’) doing to make the situation better and to end the on-going “Great Depression of the New Millennium?”

Is The Fed merely inept – as seems most of the national-level, government-type entities which run OUR country? (The Fed is not a government entity, however.) Is The Fed attempting to reduce the U.S. nation to “third world developing nation" status – with The Fed’s endless devaluation of the American Dollar? Or, is The Fed attempting some other clandestine undertaking of which the rest of us are unaware and such an operation requires the concurrent devastation of the “American way of life”– as we are all aware The Fed essentially is not required to answer to anyone for its actions?

I understand attempting to run a nation’s economy has many challenges, no doubt! Nevertheless, the apparent long-standing and on-going policy regime of The Fed currently [and long since] appears as ineffectual at protecting the nation’s economic well-being.


Unless some rational and verifiable excuse exists for the inability of The Federal Reserve System to better the nation’s economic condition – other than an excuse of its own ineptitude, clearly the time is at hand to “SHRED THE FED!!” Surely, the nation’s economy would be better off with no national banking cartel acting as a central bank while said cartel concurrently controls our currency and financial institutions and while this same central bank/cartel (The Fed) routinely seeks “arbitrage opportunities” for itself in addition to claiming no fiduciary responsibility to anyone – seemingly the least of which would include a fiduciary responsibility to the American people and the U.S. nation!


Adam Vernon Trotter / AVT


PS. The Fed appears content to have its New York mouthpiece, Mr. Timothy Geithner, running the U.S. Treasury Department while handing trillions of dollars to its banking buddies in ‘stimulus’ monies. (See: Geithner Said to Consider Leaving Treasury After Debt Debate; located at: http://www.bloomberg.com/news/2011-06-30/geithner-said-to-weigh-leaving-treasury-after-debt-ceiling-debate-resolved.html)


Also see:
On The Federal Reserve’s Plan to Buy-Back $600B in U.S. Government Debt…
http://adamvernontrotter.blogspot.com/2010/11/on-federal-reserves-plan-to-buy-back.html


Thomas Jefferson and the Federal Reserve System.
http://adamvernontrotter.blogspot.com/2010/06/thomas-jefferson-and-federal-reserve.html


Incompetence and Confusion: Federal Reserve to Raise Interest Rates? U.S.Dollar, Liquidity Trap, Inflation, and Savings.
http://adamvernontrotter.blogspot.com/2011/06/incompetence-and-confusion-federal.html



Definition of Terms: "Shred The Fed"
http://adamvernontrotter.blogspot.com/2011/02/definition-of-terms-shred-fed.html



The Great Depression of the New Millennium
http://poetrybyadamvernontrotter.blogspot.com/2011/03/great-depression-of-new-millennium.html


The Time to ‘Shred the Fed’ Appears to be At Hand.
http://adamvernontrotter.blogspot.com/2010/08/time-to-shred-fed-appears-to-be-at-hand.html



Allow the Federal Government to Control America’s Currency.
http://adamvernontrotter.blogspot.com/2009/06/allow-federal-government-to-control.html


What Would Happen With No U.S. Federal Government Debt?
http://adamvernontrotter.blogspot.com/2010/11/what-would-happen-with-no-us-federal.html

Inflation Pressures Somewhat Rise for No Apparent Reason other than the Efforts of the Federal Reserve. ‘SHRED THE FED’!!!

February 17th, 2011

As reported early this morning by WYNS (1010 "WINS" AM Radio) in New York City, inflation pressures are apparently on the rise - with the radio station reporting that prices had risen 0.8% (though I am not for what period or who they were quoting). Today, the Consumer Price Index (CPI) economic indicator was released and it also seems to confirm that prices are on the rise as well (0.4% increase since the previous month).

Anyone that knows anything of economics surely knows that, during the ‘normal’ course of economic events, inflation typically only rises when much of the workforce is gainfully employed and therefore competition surfaces between consumers for the available goods – which in turn causes prices to rise and inflation to occur. Of course, we are not in any ‘normal’ times and, in reality, the American Nation is still in the throws of a major depression with unemployment staying at near record high levels.

So, given this basic knowledge of economics and the current realities of the American economy, what then has caused this latest round of inflation to arise?

Clearly, this latest rise in inflation appears as the result of no other reason than that of the concerted efforts of the Federal Reserve System and its continued and never-ending devaluation of the dollar – of which I have long blogged. Of course, the Fed and others may argue that the continued devaluation of the dollar (Federal Reserve Note) is to the benefit of the American populace and Nation. I would merely respond with telling those that may believe that logic to go and ask the average citizen if the devalued dollar is of any benefit to the typical homeowner/consumer - who now may have to make a choice between buying milk and bread or rather to buy gasoline because of rising prices the average homeowner/consumer may no longer afford to buy both! Of course, the argument could be made that increased fuel costs are adding to any inflationary pressures. However, I would counter any such assertions with the apparent fact that much of the increased fuel costs are a direct result of the devalued dollar - a fact that I am confident I could easily verify/prove.

In reality, however, there could be any number of other reasons why the apparently self-serving/inept/nearly-criminal Federal Reserve System continues to devalue the dollar/Federal Reserve Note. One such reason would be merely that the Fed desires to forever increase the value of its gold holdings. Another reason, of course, is that the nation is again approaching another national election and therefore the Fed has decided to artificially increase prices (by devaluing the dollar) and therefore try to also artificially increase the Gross Domestic Product (GDP) which, by definition, would mean that the depression/recession has officially ended. By artificially ending the current depression/recession, the Fed would be coming to the rescue of its apparent errand-boys and lackeys in elected positions – with these individuals forever holding positions of power such as the White House and Congress.

What hold does the Federal Reserve System have on our government which allows the Fed to remain in power and to control our government as well as our Nation? What hold does the Fed maintain, in deed, as such a hold was clearly against the wishes/intent (and warned against) by the Founding Fathers of our American Nation – if not blatantly against the U.S. Federal Constitution? How is it that the Fed stays in control when our Founding Fathers expressly seemed to state in the U.S. Federal Constitution that no outside entities should ever control the money supply of our Nation?

Therefore, as such, I would surmise that the time is approaching to ‘SHRED THE FED’!!! It would appear that the only way to effect any ‘shredding of the Fed’/discontinuation of the Federal Reserve System is to elect politicians who care more for the well being of the American populace than the politician would care for the purse-strings of the wealthy bankers of our nation and the world. Does such a politician exist? Will I have to run for Congress to this end? Or, would the bankers and the Fed [and its cronies and lawyers/judges throughout our governments and legal establishments] act in accordance with the long list of tyrants throughout world history and merely extinguish any such politician for making such a suggestion as ‘shredding the Fed,’ I have to wonder – as typically the bankers apparently care for nothing above money which then seem to include the disregard of any laws governing the conduct of decent human beings as well? I would be happy to expand on these thoughts, should anyone ask – by the way. Am I only one of a few that is willing to put forth these thoughts for all to hear?


Adam Vernon Trotter / AVT



See:
U.S. core CPI rises more-than-expected in January
http://www.forexpros.com/news/economic-indicators/u.s.-core-cpi-rises-more-than-expected-in-january-195684


Latest Data Show Percolating Prices
http://newswires-americas.com/markettalk/?p=15234


Economic News Release

http://www.bls.gov/bls/newsrels.htm


Daily Outlook:
http://fxessentials.com/2011/02/17/europe/express-fx-february-17-2011/



The following seems to somewhat disagree with my logic – if one removes food and energy from index (?!?), but probably a banker/wall street type:
(…deflation must be stopped by the Fed at all costs…). This author must be wealthy and have gold holdings too.

Core CPI Up, but Still Tame
http://www.zacks.com/stock/news/47777/Core+CPI+Up,+but+Still+Tame



See also:

http://adamvernontrotter.blogspot.com/2009/06/allow-federal-government-to-control.html

http://adamvernontrotter.blogspot.com/2011/02/repeal-eleventh-11th-amendment-to-us.html

http://adamvernontrotter.blogspot.com/2010/08/time-to-shred-fed-appears-to-be-at-hand.html

http://adamvernontrotter.blogspot.com/2010/06/thomas-jefferson-and-federal-reserve.html

http://adamvernontrotter.blogspot.com/2010/10/concerning-federal-reserve-system-and.html

http://adamvernontrotter.blogspot.com/2009/10/fractional-banking-system-no-longer.html

http://adamvernontrotter.blogspot.com/2011/01/us-governmentobama-administration-wants.html

http://adamvernontrotter.blogspot.com/2010/11/on-federal-reserves-plan-to-buy-back.html

http://adamvernontrotter.blogspot.com/2010/11/what-would-happen-with-no-us-federal.html

http://adamvernontrotter.blogspot.com/2010/10/currency-war.html

http://adamvernontrotter.blogspot.com/2010/10/fed-to-buy-back-government-debt.html

http://adamvernontrotter.blogspot.com/2010/09/include-soup-kitchens-in-next-federal.html

http://adamvernontrotter.blogspot.com/2010/01/report-true-unemployment-numbers-or.html

http://adamvernontrotter.blogspot.com/2009/09/michael-moores-new-movie-capitalism.html

http://adamvernontrotter.blogspot.com/2009/06/us-credit-rating-has-been-or-is-being.html

http://adamvernontrotter.blogspot.com/2009/02/federal-reserve-chairman-bernanke.html

http://adamvernontrotter.blogspot.com/2009/02/congressman-meeks-re-liquidity.html

Include Soup Kitchens in the Next Federal Stimulus Bill to Address Rampant, Widespread, and Ever-Increasing Poverty in Our Nation?

September 23rd, 2010


Given these days of endless unemployment benefits for those that were lucky enough to become unemployed at the proper time for these endless benefits, I have to ask, what about those that became unemployed before the endless benefits were approved and are not privy to such benefits? Given that we seem to be emerging as a welfare state, maybe its time we bring back the soup kitchens of the 1930’s Depression to ensure the populace and their children don’t starve – regardless of whether these folks qualify for food-stamps or not. And, what of those that are unable to walk around with their hand-out for free money from the government such as with endless unemployment benefits? Soup kitchens might be the answer. Furthermore, maybe its time we begin to ‘set in for the long haul’ and address the rampant and ever-increasing levels of poverty in our nation. To ensure that people can eat, soup kitchens seem to be an idea whose time has returned.


Clearly, entire industries and segments of the economy have gone away with no return in sight. And, with as many as 75% of the workforce unemployed or under-employed, we are blessed with a government that has become so out of touch with reality that it likely relies on organizations such as the National Bureau of Economic Research (NBER). The NBER is widely reported to have claimed the ‘recession’ has ended as of sometime last year. I mean…, this bureau – though merely a nonprofit organization - seems as useless as the Federal agency that was supposed to be controlling the off-shore drilling over the recent years – the MMS (Minerals Management Service, Dept. of Interior). (See: http://engineeringandcommerce.blogspot.com/2010/06/deepwater-horizon-bp-us-mms-agency-why.html , also See: http://www.nber.org/cycles/sept2010.html)..

I understand that much of any macro-economic condition is a likely result of perception. That is, if the banks, businesses, and general public were to believe that the economic situation was better, banks would lend money to businesses again, businesses would likely hire additional employees, and many would begin spending additional monies which would likely help to end the current recession/depression. Sort of a self-fulfilling prophecy type of thing. But I think the timing for such an orchestrated smoke-screen of deception (or tepid inspiration) by any economic reporting agency or by the Federal government has long since passed.

Of course, maybe the recession has long since ended for the wealthy that surely became smart enough to follow the lead of the Federal Reserve System and put all their money in gold – surely the wealthy and The Fed have made unimaginable profits of late with the never-ending devaluation of the U.S. Dollar. And maybe the ‘recession’ is over for the corporate leaders that refuse to hire employees and prefer to work their current employees ‘to the bone’ with massive amounts of overtime to squeeze more profits – as productivity is reported to be at an all time high! (As one example see: http://blogs.wsj.com/economics/2010/09/20/san-francisco-fed-warns-job-quashing-productivity-to-remain-hot/ . ) But those wealthy folks were likely never seriously affected by the on-going ‘recession’ like the average citizen anyhow.

But with the numbers of people living below the poverty level reported to be at an all-time high and looks to ever-increase for the near-term future, maybe its time we start to rethink everything! (See: http://www.nytimes.com/2010/09/17/us/17poverty.html, and see: http://www.census.gov/hhes/www/poverty/poverty.html . ) Soup kitchens would seem to be an idea worth considering.

Adam Trotter / AVT

Want a Stimulus Bill that May be Attractive to All? Pay-Off the Nation’s Student Loan Debts!!!

September 2nd, 2010


With any upcoming U.S. Federal stimulus funds, why not pay-off the citizenry’s student loan debts and give the up-and-coming generation a fighting chance to get ahead in the modern era of decreased labor demand, minimal American manufacturing, a decreased dollar value, inflated educational costs, inflated prices, and stolen birthrights?

…And such a plan seems like a ‘win – win’ situation….

…‘cause…

All the stimulus monies would go directly to the banks and financial institutions, just as previous stimulus monies have essentially been awarded up to this point in time…..which, of course, will keep the banks very happy and such would likely please the politicians that seem to care foremost for the banks and secondarily for their constituents. Additionally, not having to pay the massive student loans would free up money for recent graduates; money with which they may likely buy property and bolster the currently devastated real estate markets.


Adam Trotter / AVT


PS. If the Federal government and The Fed can not figure out simple things like this, they should be aware that I am available for consulting. :)

The Time to ‘Shred the Fed’ Appears to be At Hand.

It appears the time is at hand to ‘Shred The Fed;’ that is to say, the time is at hand to shred/dismantle The Federal Reserve System. This non-governmental agency and band of likely criminals has been controlling our nation of THE UNITED STATES for too long (likewise, for any other name by which they choose to label our country or themselves). Any delegation of Congressional power to the banking cartel known as ‘The Federal Reserve System’ to control our nation’s currency system is clearly unconstitutional (per U.S. Federal Constitution, Article I, Section 8; and Article VI as well). The nation’s politicians, the nation’s judges, and the nation’s lawyers should clearly know - by now – of this unjust and unconstitutional practice concerning the allowance of The Fed to control our money supply. Those in positions of power and 'in the know' regarding the unconstitutionality of The Federal Reserve System are either part of the problem or care more for their personal bank accounts than they care for the well-being of the nation’s populace and likewise more than they care to uphold the Federal Constitution. Clearly, even Thomas Jefferson himself stood in opposition to any such Federal Bank as The Federal Reserve System. (See: http://adamvernontrotter.blogspot.com/2010/06/thomas-jefferson-and-federal-reserve.html )

Even if assuming, arguendo, The Fed is not is not a band of criminal elements seeking to line their own pockets with wealth at the expense of the American people (and at the expense of the rest of the world’s inhabitants as well), The Federal Reserve System has, of late, clearly been shown to be ineffectual and inept at maintaining a steady course for the nation’s economy. As such, there appears no reason to maintain this bastion of ineptitude that we know as The Federal Reserve System. Furthermore, The Fed obviously claims no fiduciary responsibility to the American people nor to our government - and apparently the Fed seems to only exist to ensure the U.S. Federal government maintains a significant debt level into the distant future. And, as no one knows whether the actions of The Fed actually produce any realistic outcome/change – other than change for the bankers and financial institutions themselves, The Fed appears to have accomplished nothing but a ‘con-man’s’ ‘scam’ on the nation while concurrently robbing us of our birthright and any intrinsic value of our dollar as well. If you don’t believe me on this point, simply look at the price of gold and the value of the dollar over the last eighty years (approximately) that the Fed has been in power controlling our nation’s money supply. ( See related blog at: http://adamvernontrotter.blogspot.com/2010/01/venezuelas-hugo-chavez-follows-federal.html . And worthy of note, why was it illegal for Americans to hold gold for so many years, once the Federal Reserve System took the reigns of the nation? Look for a future blog on this matter of barring gold from the citizenry.)

So again I state: It appears the time is at hand to ‘Shred the Fed’!!! It appears the only way to possibly accomplish such a feat is to rid our nation of all the elected officials that have consistently allowed this scam known as ‘The Federal Reserve System’ to maintain its existence and power over the nation. It would appear that the list of elected officials that have allowed this situation and ‘scam’ to manifest itself to its current level would include nearly every politician elected to date since the Great Depression of the 1930's – at least nearly every politician on a Federal level, and this list would also include every official in power in our justice systems as well (judges, lawyers, etc.). Clearly, there has never been any change in ‘policy regime’ since The Fed assumed power, at least no change in policy regime that was not to the benefit of The Fed and no change that was not perpetrated against the populace – regardless of any promised ‘change’ by any Federally elected official. Notwithstanding, the likely criminal nature of the existence of The Federal Reserve System and its control of our currency has become so entrenched in our society and our nation that only Congressional power could possibly hope to correct this long-standing wrong. Personally, I am inclined to believe that much of the political activities (such as wars), nationwide social woes (such as racial tensions), and in-fighting within the ranks of those in power in our nation are merely an orchestrated ‘smoke-screen’ to hide the likely true criminals of nation we know as ‘The Fed’ and its allies in positions of power throughout our society.

To be clear, I am no supporter of socialism or communism; such fascist-type ideas are unnecessary for our nation, in my opinion. Our nation merely needs leaders that care for the well-being of the populace more than the dollar amounts infused into any respective leader’s bank accounts – that is, a proper and just leader should care more for other concerns rather than monies amassed during the never-ending pursuit of the long-standing prostitution of the American Birthright.

Comments concerning the issues herein are welcome.

Adam Trotter / AVT

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PS. Maybe the only way to effect any significant change in this regard is for me, myself, to run for Congress and to attempt to illuminate and expose the likely criminal nature of The Fed to the general public of the United States of America. (To this end, see: http://tornadotamer.blogspot.com/2009/07/vow-of-poverty.html.) That is, if I were to be given the opportunity to enlighten anyone, of course. And, of course, assuming that anyone should care in the slightest about these words and my practice of invoking my Substantive Right to Free Speech - as evidenced by the sentiments herein - and such speech has not merely equated to an attainable target on my back as viewed by those in large numbers that appear to care more for their pennies than they care for the lives of their fellow countryman and/ fellow mankind.

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See:

Definition of Terms: "Shred the Fed"

http://adamvernontrotter.blogspot.com/2011/02/definition-of-terms-shred-fed.html

Michael Moore’s New movie “Capitalism: A Love Story” Seems to Miss the Point.

Sept. 26th, 2009

While Michael Moore’s movie “Capitalism: A Love Story” appears to deserve applause regarding its efforts to enlighten the American people concerning the latest crimes that the banking/financial sector may have perpetrated against the nation, it seems to miss the point. Of course given the date of this blog, I have yet to see the film as it has yet to be released; however, I watched much of Mr. Moore’s interview with Larry King the other night wherein Moore explained his allegations. Assuming that his representations of the facts are genuine, it would seem that the movie does not delve deep enough into the situation to show the likely true damages that the banking/financial sectors seem to have brought upon us through activities which surely caused the latest depression / recession. The true crime at hand is not merely that the bankers (particularly the Federal Reserve System, most likely) and the government officials performed no oversight of the financial sectors that culminated in the latest recession. In my opinion, the true crime is that the bankers (Federal Reserve System) and the government officials seem to have intended to create the situation that necessitated an eventual recession / depression. To illuminate this fact, one only needs to look at the monetary exchange rates over the last few years; one has to wonder how many Euros the Federal Reserve and the nation’s bankers were purchasing when the Euro appreciated and nearly doubled its exchange value versus the dollar - which concurrently drove the value of the dollar into the ‘mud.’ Surely, for the Fed and the government to allow the dollar to be devalued to such an extent as it has been in recent times (through seigniorage, inflation tax, stimulus bills, bail-outs, etc.) either represents an absurdity in judgment or evidence of a more sinister plan – regardless of original intentions and whether such maintained the unlikely aim of benefiting the populace of the nation. Ultimately, a 'more sinister' justification is probable for the actions of the banking/financial sectors because the one thing that we can use as a ‘baseline’ in any deduced intent [of the financial sectors] concerning the current financial mess of the American economy is that we can be sure that the banks want all the money they can amass and horde, regardless of all else. Once again, I reiterate from previous blogs: it would probably be best if the American government controlled our currency and not a banking cartel.
AVT


PS. Please be hereby reminded that the Federal Reserve System is not a government agency, claims no fiduciary responsibility to any external entity, and often speaks of seeking arbitrage opportunities in its documents / meetings.



PSS. IN ALL FAIRNESS TO MR. MOORE, however, I have not seen his latest film and therefore I could stand to be corrected with this blog. When/if I have the opportunity to see this film and perchance Mr. Moore does, in fact, agree with my point about the true crimes concerning the latest financial and economic mess facing the nation [that the actions of the financial sector demanded or possibly intended such a recession / depression regardless of oversight], I would then stand corrected. When/if such a set of occurrences should come to pass, I would post that I was in error with the sentiment of this blog and likely remove the blog sometime thereafter.