Now is an excellent time for people to do research into how we got the Federal Reserve in the first place. A banking crisis was engineered by JP Morgan in 1907; the proposed solution to ensure that this wouldn't happen again was a privately owned central bank -- something that is fundamentally un-Constitutional. The Fed then inflated the money supply in the "Roaring 20s," much like how Greenspan inflated the money supply to create the stock market boom of the '90s. What followed the Roaring '20s was the Great Depression. As for what follows the stock market boom of the '90s.....well, let's just say we're in the midst of history repeating itself. As we always are.

Here's a nice article that talks a bit about the relationship between the Fed, the Roaring '20s, and the Great Depression. The proposed enhance powers for the Fed are another step towards an un-democratic one world government with a controlled economy. -- KM


The US government yesterday proposed a sweeping overhaul of America's financial regulatory system, described as the most radical since the 1929 stock market crash

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