Our Corrupt Fed/Treasury: Above the Law? Think!
Articles in the Financial Times and the Wall Street Journal reveal that our Treasury and our Fed policymakers (Geithner, Paulson, Bernanke) acted unconstitutionally by seizing AIG (their equity) and installing their puppet administrators after the 2008 financial crisis. These actions by our corrupt policymakers reveal their unconstitutional behavior which Judge Wheeler, U.S. Court of Federal Claims, has now ruled. The behavior of the above three policymakers reveal the criminal actions of these officials and the corrupt institution which we call the FED. Personally, I am not surprised at their behavior! Think about our prior President, Richard Nixon, and what he said in the 1970’s! Do our officials at the highest levels assume that they are ABOVE the law? Multiple actions of the past and today seem to reveal this mentality!
Are Paulson, Bernanke, Geithner ABOVE the law and our Constitution? Why did they desire to protect their elite bankster friends at the expense of our Laws and our Constitution? What does this reveal about today’s policymakers?
Today’s WSJ and the FT have multiple articles on AIG and the ruling by Judge Thomas Wheeler on the actions and behavior of our policymakers during the crisis of 2008 and after. The New York Fed appears to be part of the process which seized some 79.9% of the equity of AIG so as to prevent multiple TBTF banks from going bankrupt. Morgan Stanley, Goldman Sachs, and Bank of America were apparently interconnected with AIG and their huge derivative instruments. Seizing AIG (this big Insurance Company) and some 80% of shareholder equity was totally illegal and unconstitutional…according to Wheeler. Yet Geithner, Paulson, and Bernanke ignored the law so as their inner ‘fears’ could be ameliorated. What a sham on the American Constitution and our Rule of Law! Congrats to Judge Wheeler for this ruling! Who else has acted above our Laws?
When the government does it…is LAW relevant? Think!
Is our Constitution relevant for policymakers at the HIGHEST levels? This is my question for 2015-2016!
The article by Tom Braithwaite in the Financial Times…Seth Lipsky and Holman Jenkins, Jr. in the Wall Street Journal, reveal the details about this historical legal decision by Judge Wheeler. Our unconstitutional Fed acted (it would seem) unconstitutionally so as to protect select banksters from exposure to market discipline. Capitalism is supposed to function based on the principle of Creative Destruction. This means that if wrong is revealed, then destruction must follow. This principle keeps everyone in line with the forces of market discipline and sound economics. The above THREE flouted this principle and also our founding document called our Constitution!
Think! Three policymakers acting in collusion flouted our Constitution and our Laws! What does this reveal about current administrators and officials in HIGH positions of Authority? Are the above the ONLY ones who flaunt our Constitution?
Judge Thomas Wheeler, U.S. Court of Federal Claims! Congrats!
The question for today is: What will our Congress do as these facts are revealed to everyone? Will they act or stonewall? The officials which need to act immediately are the following: Jeb Hensarling, of the Financial Services Committee; Richard Shelby, of the Senate Banking Committee; and Fed Chairwoman, Janet Yellen. Mr. Brady, Chairman of the Joint Economic Committee also needs to act with new legislation. Our ‘independent’ FED is unlikely to act as they are part of the problem and not part of the solution! Another unelected official who needs to be questioned about current policies is Mr. William Dudley, President of the New York Federal Reserve Bank (and permanent member of the FOMC). What policies is he implementing to manipulate all our cyber (bit) markets?
Mr. Dudley is member of the BIS (Basel, Switzerland) and also the New York Fed! This unelected official is also a permanent member of the powerful FOMC! What policies is he implementing (now) given his huge trading room at the New York Federal Reserve Bank? Is this trading room manipulating our financial markets? How? Why? What? Someone needs to put some ‘light’ on this institution and its policymakers!
The following officials (who are elected and supposedly representing Americans) need to look into the shenanigans of policymakers at our unconstitutional FED and their proxies:
Richard Shelby of Alabama is our Chairman of the Senate Banking Committee!
Jeb Hensarling of Texas is our Rep on the House Financial Services Committee!
Janet Yellen is our current Federal Reserve Chairwoman! She (being part of the problem) is unlikely to desire ‘light’ on her underlings within the Federal Reserve System! Superior effort must be applied by our Congress!
Kevin Brady is our Chairman of the Joint Economic Committee! He also desires to introduce new legislation (the Sound Dollar Act)!
Senator Rand Paul wants to Audit the Fed (but how can this be accomplished)? All the special interests seem to prevent any audit from becoming reality! Why? Who rules our Nation?
Americans are generally totally unaware of any of our serious monetary or economic issues. My goal is to help educate Americans and others on these important issues. Those who read my blog can continue to get updates on all these important issues. Pass this missive on to others and to all our politicians. Getting informed on the issues and problems is a first step to action! Read and think for yourself on these issues and all issues. Seek wisdom and advice from many sources! Don’t limit yourself to only singular viewpoints. Study, think, and learn from the voices of many! That would be my suggestion! Enjoy! I am: https://kingdomecon.wordpress.com.