Lets Talk about The Fed

The Fed or Federal Reserve that is "supposed to be the regulator of our money supply" and "supposed to do so on a Balanced Keel between Money Supply and Labor"

The Intent ( according to those who believe in the FED) was to balance out the desires and needs of both Labor and Big Business back in about 1913. It was if you will a "compromise" between Labor Movement and Big Business back then supposedly to cut down on Labor Troubles.

In Other words the "Big Business Rober Barrons forced this upon us back then to more "effectively Control the working People". That is the REAL REASON it was formed.

The Fed has Nothing to do with "Balance" at all. It was and HAS always been about tilting the balance of power toward BUSINESS and not Labor!! PERIOD......

Over the years the FED has managed to put the squeeze on us workin' class Joes no matter which political party was in control. It most likely will continue to do so.

Especially now that we are allowing the FED and Treasury to be the all powerful regulators of the New Economy. Hell they always have been the regulators haven't they? They didn't do such a great job of late ( last 20 years or so) , so why should we even think they will be able to bring the very powers they represent ( Big Business) under control? They won't that is the facts jack.

If we the people really want to help prevent happening again what has just happened in the latest "financial Crisis" - by the way ever notice how it is only a financial crisis when the Banks, AIG's or the like are affected and we working class folks are affected they call it " us being in violation of our legal contracts" - I Digress, if we want to control them then we must Take Control. We can not let the Fox to regulate the Hen House.

I get sick to my stomach when I hear people repeatedly praise Allen Greenspan for his ability to "keep our financial system sound". WHAT A JOKE !!!

What he did was make policy and take actions regarding the so called "Money supply" so as to more effectively keep us working class bastards working for the people he actually was beholden to !! PERIOD. Those people were 1) BIG BUSINESS 2) which ever political party was in power

Ain't much about that gonna change Brothers and Sisters unless WE MAKE IT CHANGE.

A socialistic Democracy is about the only way it can happen.
And if you are true to history you will see that is why in large part us working class stiffs were ver able to make ends meet. Because of the Labor Movement and UNIONS who were there to FIGHT AGAINST the powers of the Elites.

I am Unionist , I am A Socialist- I will die being so.

You can not trust Government EVER , that is one important lesson we should have all learned from the Vietnam Era. Never Ever Trust the Government. Under our present form of Corporatist Democracy or if you will Fascism, the FOX will never be looking out for the welfare of the hens.

Peace Out