Wednesday, June 17, 2009

The criminals overseeing the criminals

As the fed's power increases, the blight on the working class from this criminal syndicate will also increase. Elimination of the federal reserve is the only answer. That should be considered but Obama knows who keeps him in power and alive.

http://www.telegraph.co.uk/telegraph/multimedia/archive/00871/money-graphics-2008_871418a.jpg Tears of joy

Obama unveils plan to overhaul financial regulation
The plan, outlined in an 88-page white paper, gives new powers to the Federal Reserve to oversee the entire financial system.


from Text of President Obama's remarks on financial regulation
I am proposing that the Federal Reserve be granted new authority – and accountability – for regulating bank holding companies and other large firms that pose a risk to the entire economy in the event of failure.

And even as we place the authority to regulate these large firms in the hands of the Federal Reserve – so that lines of responsibility and accountability are clear – we will also create an oversight council to bring together regulators from across markets to coordinate and share information; to identify gaps in regulation; and to tackle issues that don't fit neatly in an organizational chart.

from A New Foundation: Rebuilding Financial Supervision and Regulation
New authority for the Federal Reserve to supervise all {financial} firms that could pose a threat to financial stability, even those that do not own banks.

This report proposes a number of major changes to the formal powers and duties of the Federal Reserve System, including the addition of several new financial stability responsibilities and a reduction in its consumer protection role. These proposals would put into effect the biggest changes to the Federal Reserve’s authority in decades.

In order to improve accountability in the use of other crisis tools, we also propose that the Federal Reserve Board receive prior written approval from the Secretary of the Treasury for emergency lending under its “unusual and exigent circumstances” authority.


Who Owns the Federal Reserve


Chart from 1976
                                N.M. Rothschild , London - Bank of England
______________________________________
| |
| J. Henry Schroder

| Banking | Corp.
| |
Brown, Shipley - Morgan Grenfell - Lazard - |
& Company & Company Brothers |
| | | |
--------------------| -------| | |
| | | | | |
Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
& Son | Harriman Norman | Paris Bros |
| | / | N.Y. |
| | | | | |
| Governor, Bank | J.P. Morgan Co -- Lazard ---|
| of England / N.Y. Morgan Freres |
| 1924-1938 / Guaranty Co. Paris |
| / Morgan Stanley Co. | /
| / | \Schroder Bank
| / | Hamburg/Berlin
| / Drexel & Company /
| / Philadelphia /
| / /
| / Lord Airlie
| / /
| / M. M. Warburg Chmn J. Henry Schroder
| | Hamburg --------- marr. Virginia F. Ryan
| | | grand-daughter of Otto
| | | Kahn of Kuhn Loeb Co.
| | |
| | |
Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y.
| | --------------------------

| | | |
8
| | | |
Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn
| | __|______________________|_________
Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg
------------------------- | | |
| | Mortimer Schiff James Paul Warburg
_____________|_______________/ |
| | | | |
Mayer Lehman | Emmanuel Lehman \
| | | \
Herbert Lehman Irving Lehman \
| | | \
Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker
/ | Present Chairman Lehman Bros
/ Robert Owen Lehman Kuhn Loeb - Granddaughter of
/ | George F. Baker
| / |
| / |
| / Lehman Bros Kuhn Loeb (1980)
| / |
| / Thomas Fortune Ryan
| | |
| | |
Federal Reserve Bank Of New York |
|||||||| |
______National City Bank N. Y. |
| | |
| National Bank of Commerce N.Y ---|
| | \
| Hanover National Bank N.Y. \
| | \
| Chase National Bank N.Y. \
| |
| |
Shareholders - National City Bank - N.Y. |
----------------------------------------- |
| /
James Stillman /
Elsie m. William Rockefeller /
Isabel m. Percy Rockefeller /
William Rockefeller Shareholders - National Bank of Commerce N. Y.
J. P. Morgan -----------------------------------------------
M.T. Pyne Equitable Life - J.P. Morgan
Percy Pyne Mutual Life - J.P. Morgan
J.W. Sterling H.P. Davison - J. P. Morgan
NY Trust/NY Edison Mary W. Harriman
Shearman & Sterling A.D. Jiullard - North British Merc. Insurance
| Jacob Schiff
| Thomas F. Ryan
| Paul Warburg
| Levi P. Morton - Guaranty Trust - J. P. Morgan

____________________________________________

Obama's bank regulation plan: A free pass for Wall Street


4 comments:

  1. Bernanke looks like he's pinching a fucking loaf. the only thing missing is the WSJ across his lap, and his pants down around his ankles. Only he's doing it on every single one of our faces, this fucker is.

    what a pathetic lot we have become!

    ReplyDelete
  2. they dont even try to hide their crimes anymore...a true indicator of just how comfy theyve gotten.

    ReplyDelete
  3. Eliminate the FED... it's the only hope for survival of the Untied States.

    Sadly... Obama is going the wrong direction.. giving the FED more power

    Orwell is squirming.. up is down, black is white, etc, etc

    ReplyDelete
  4. Ron Paul/Jessie Ventura... now there is change I can believe in.

    ReplyDelete