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Saturday, January 05, 2008

Subprime is not just another scam...

"Central banking is perhaps the most brilliant scam ever perpetrated, and the U.S. Federal Reserve stands as the most successful of all central banks in history. The Fed is able to transfer wealth away from the people who earned it, and into the hands of the Federal Government and member banks, relentlessly, stealthily, year after year, and all the while maintaining the preposterous claim of social benefit in the form of "managing the economy." The method of this theft is sophisticated and disguised enough as to escape the attention of most, and when combined with propaganda, leads most people to the conclusion that we'd be in trouble without it. Yet I wish to show here that central banking can be well understood by most people for exactly what it is: ­ the fraudulent theft of trillions of dollars via the monopolization of money."

-- Johnny Silver Bear
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