"That
Madoff, the former NASDAQ stock chairman, managed
to do this with
$50 billion without regulators noticing is
perhaps the
Wall Street
story of the century. Somehow he was
scamming some of the biggest players in the world while
evading all accountability.
Everybody was
fooled."
==================
"$50
Billion Madoff Swindle is Miniscule Compared to Federal
Reserve's Ponzi Scheme"by Oisín
Fri Jan 23, 2009
08:38 While I would fully
agree that the
new United States President (Barack
Obama) has to be allowed time to settle into his new job,
and that he cannot sensibly be expected to perform miracles
overnight, I also hope that the very worrying
"Money
Masters" business (closely linked to
The United States
Federal Reserve Act of 1913) will be high on his list of
priorities: ideally right up at the very top (in my
view).
"Consider this: The Fed has created over
$7.7 trillion in new money in order to bail out all sorts of
incompetent (but wealthy) individuals and companies. In
effect, it's using new money to cover the losses of existing
stakeholders, and as the system is nearing collapse, the only
way it can keep the whole scam running is to create even more
new money and thrust it in to the same money hole." (From
http://www.naturalnews.com/News_000613_Ponzi_scheme_Wall_Street_Bernard_Madoff.html )
-- "new money"
(created "out of thin air"), which will then be
borrowed by hard-pressed governments around the world who have
to agree to pay compound interest charges to the "Money
Masters", and who further have to agree to saddle their
taxpayers with the crippling repayment of the combined debts
in question (capital plus interest): debts which are designed
to be impossible to ever pay off - as many in the United
States of America are already well aware
of.
Related Link:
http://www.google.com/search?hl=en&q=Federal+Reserve+Swindle&btnG=Search
==================
The
above text has been copied from the following
Indymedia
(Ireland) location:
http://www.indymedia.ie/article/90718#comment243879 ==================
Global Cesspit of
Corruption, Crime, and
Cover-Ups: "The Constitution has been
hijacked" (Registered letter to Prime Minister Brian Cowan
T.D. dated May 9th 2008):
http://www.humanrightsireland.com/PrimeMinisterCowen/9May2008/Email.htm ==================
For
future reference purposes a copy of this
e-mail will later today be placed at the following
address:
http://www.humanrightsireland.com/PresidentBarackObama/23January2009/Email.htm
==================
Human
Rights (Ireland):
http://www.humanrightsireland.com ==================