If you're a financial novice, like me, you'll have a hard time understanding the two vids linked on this page, but you were interested enough to open this thread so should probably watch them anyway.

If you are a financial expert, I imagine you'll find the videos very interesting indeed.

Here's a blurb from what appears to be the home site (http://fedupusa.org):


Here Denninger identifies who's responsible
http://www.youtube.com/watch?v=MO6P_yjKFR4

And he proposes his solutions here
http://www.youtube.com/watch?v=9KYtD-Ff_eM

Wow, thanks for posting these, Entropiate.

I agree wholeheartedly with what Denninger said. This I believe would give Paulson less leverage to pull any more stunts like what happened with Fannie and Freddie, Lehman, and AIG. Forcing him to lay his assets out on the table to be accounted for in full would dissuade him from pulling any fiat or market marginal loans out from any other businesses. Plus as it is now, he cannot be held accountable for what he's doing or anything he will ever do. He must be held accountable, so that other businesses can place their trust back into his company and their assets, and their ability to cover their debts. Accountability also includes all of his Level 3 assets and liabilities, which has been allowed to be the cesspool of the economy, imho. That's where everything gets swallowed up and is never seen or heard from again, like the debts these companies can't cover, since there's not enough credit to cover them. The only way to cover them is to ride them on the backs of loans from their clients, and like Denninger said, that's the taxpayer, and the taxpayers can no longer afford to pay.

There is, IMHO, only one problem that would stop this from working, and that is for the House and Senate to go ahead and allow Paulson this "plenary power" as Denninger calls it. Being of a conspiratorial mindset, as I am, I do not believe that they would not allow Paulson this privilege, nor do I believe they have the power to do so even if they chose to, but I could be wrong about that.

It will be interesting to see what happens. Thanks for posting these.

The only solution is the abolishment of the private federal reserve, anything less is just a distractionary action.

Remember the federal reserve has never been audited in its entire history, and can create money from nothing.

If this is the case why then are they in negotiations with Congress for a $700 Billion dollar bail out?

The answer is they don't need the money at all, they need the EXCUSE to remove the liquidity of the banking system. Wether or not this bailout goes forward or not is irrelevant. The failure of the banking system is the objective, and by it's failure you close your banking system on 'liquidity concerns' - then wait about 1 year. All the money will slowly run out of the economy as people have no cash to buy or sell. This causes massive failures in the businesses, and industries - which is carefully done by design. Then you reintroduce a little bit of cash and buy everything up with nothing (which is what your going to see).

Its like when you shoot a deer, you then hang its carcase up for a week to let the blood slowly drain out. That is the same thing that happens when banks 'fail.' In reality you can keep propping them up indefinitely as long as you do not issue currency into circulation at a rate faster than the growth of the GDP you won't even have inflation. But that is not the plan of the elite here - they want the blood (money) drained out of the economy to start a resource grab.

Remember money actually always costs NOTHING to the federal reserve, we look at it as expensive because we are heavily conditioned to working to get it. But the federal reserve does not work to get it - THEY JUST CREATE IT FROM NOTHING.

That is why again and again and again the only issue that must be put forward is the federal reserve MUST BE ABOLISHED, and the right to create currency given back to the US government with checks and balances for its creation and appropriation.

Where people get all mixed up is they automatically assume that currency would then become worthless because too much of it would be created - again as long as money is not introduced into circulation at a faster rate than the growth rate of the GDP (Gross Domestic Product) you do not have inflation.

Glad you liked the vids. There's no doubt that Denninger's attempt to introduce some common sense, justice and at the very least some debate into the proceedings deserves a wider platform than it's getting.

The lack of accountability and near dictatorial powers that Paulson seeks are of such profound constitutional import that it's incredible to me that Paulson can make such a suggestion without being lynched, but there it is.

Sickening times - and the worst is yet to come I fear. I honestly wouldn't be at all surprised to find Denninger and co. dragged out into the street and stoned to death at some future date such is the extent of the madness afflicting us all.

"Every kind of loan proves infirmity in the State and a want of understanding of the rights of the State. Loans hang like a sword of Damocles over the heads of rulers, who, instead of taking from their subjects by a temporary tax, come begging with outstretched palm to our bankers. Foreign loans are leeches which there is no possibility of removing from the body of the State until they fall off of themselves or the State flings them off. But the GOY States do not tear them off; they go on in persisting in putting more on to themselves so that they must inevitably perish, drained by voluntary blood-letting."
(Protocol 20, para. 29. Protocols of the Learned Elders of Zion)

"...Babblers, inexhaustible, have turned into oratorical contests the sittings of Parliament and Administrative Boards. Bold journalists and unscrupulous pamphleteers daily fall upon executive officials. Abuses of power will put the final touch in preparing all institutions for their overthrow and everything will fly skyward under the blows of the maddened mob."
(Protocol 3, para. 4. Protocols of the Learned Elders of Zion)

"These beasts (i.e. the maddened mob), it is true, fall asleep again every time when they have drunk their fill of blood, and at such time can easily be riveted into their chains. But if they be not given blood they will not sleep and continue to struggle."
(Protocol 3, para. 21. Protocols of the Learned Elders of Zion)

EDIT: Of course, Yakhont26 is absolutely right too. Without the abolition of the Fed any and all solutions are meaningless.