In essence, this Fed gimmick supposedly will allow selected banks and financial institutions to turn in US Treasuries which they are holding to the Fed in exchange for Fed cash—presumably on a temporary basis (which of course would allow them to eventually assume the position of being permanent transfers). Without delving into the mechanics of how this plan will solve the nation’s problems (which were not revealed in the story, and logically cannot be rightfully solved by this mechanism), there were a couple of salient issues lurking behind the scenes on this proposal.
........"First, I was amazed that there is one more fascinating revelation of the fact that the Fed has power to completely override even the functions of Congress. If the privately owned US Federal Reserve System has this power in a legitimate grant from the US Constitution and/or US Congressional statutory law, why have a US Congress involved in any aspect of the US economy or monetary matters? Why doesn’t the Congress just back off and say let the Fed handle it since they have this supposed constitutionally approved authority? Why not abolish Congress and let the Rothschild Cabal masters run the nation completely. Well they run it anyway since most of the Congressional persons are already bought and paid for as puppets of the Rothschild Cabal masters.
Obviously, there is no way that the privately owned Fed is going to sit back and allow its own owners and masters to suffer such huge losses. The Fed is therefore already making plans on what it will do to rescue investments by its owners and masters in US Treasuries. Of course, when the Fed bosses undertake this scheme to transfer Rothschild Cabal losses on US Treasuries to the US taxpayers, they will do it under the guise of their supposed power and their supposed work to save the financial situation of the generic US nation. No mention will be made that it is just another gimmick to bail out and help their racial cousins running the big banks and financial institutions.
"Many Americans are just foolish enough to suppose that Rothschild cousin Ben Bernanke is an idiot and a dummy. But I have never entertained such foolishness. Bernanke works for and serves his real bosses who own the Fed. He is no fool. He knows exactly what he is doing to enrich his cousins and masters with the Rothschild Cabal banking empire.
Bernanke and the other Rothschild cousin flunkies now see the handwriting on the wall for the future of US Treasuries of the bankrupt US government. All along, the masters, sitting in the towers of money power in the City in London (as first revealed to hard money readers in the Goldsmiths XXXI, published on Feb 1, 2009), have been giving much attention to how they will further save their cousins/corporations in the United States as the US financial house of cards starts to fall. My take is that this present Fed scheme or something similar will in time see implementation. If the politicians do act and presently delay the default then this scheme can be temporarily deferred till a later time when it will be needed by the Cabal snakes running our nation. For sure, it is not going away.
Clearly, once the Cabal kicks off this process, it will balloon up fast as the Fed starts buying US Treasuries from the linked cousin banks first in the US and then from those around the world. The question I have then is what will happen to the US dollar as the Fed floods the world to buy up bad US Treasuries like they have been buying up bad real estate mortgages? How many days will it take before the US dollar hits the at last acknowledged garbage can of worthlessness? As a minimum, gold and silver will be going up big"............READ MORE
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