Understanding Financial Crisis – Bird and Fortune Style


John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.

Where money comes from and goes?

Congressman and former Presidential Candidate Ron Paul is the leading advocate for freedom in our nation’s capital. As a member of the U.S. House of Representatives, Dr. Paul tirelessly works for limited constitutional government, low taxes, free markets, and a return to sound monetary policies.

Dr. Paul responding to Wall Street, MSM, and Chairman Bernanke’s propaganda campaign against the audit of the Fed HR1207 and S604.

More on: http://CampaignforLiberty.com

On Thursday, November 19, 2009, after several hours of heated debate, the Paul-Grayson “Audit the Fed” amendment passed 43-26 in the House Financial Services Committee. The amendment calls for a comprehensive audit of theFederal Reserve and replaces the opposing “placebo” amendment proposed by Mel Watt.

The Paul-Grayson initiative is an amendment to Barney Frank’s HR 3996, also known as the “Financial Stability Improvement Act of 2009″. The Committee was going to vote on that bill on November 19, but Barney Frank surprisingly postponedthe vote until after the Thanksgiving recess.

Money As Debt

Money as Debt II Promises Unleashed

Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT…and how we might evolve beyond it into a new era.
Money as Debt II Promises Unleashed (1 of 8)

Anatomy of Loan (2 of 8)

Anatomy of Loan (3 of 8)

Money as Debt II Promises Unleashed (4 of 8)

Money as Debt II Promises Unleashed (5 of 8)

Money as Debt II Promises Unleashed (6 of 8)

Money as Debt II Promises Unleashed (7 of 8)

Money as Debt II Promises Unleashed (8 of 8)

One of the last things John F. Kennedy did before he was assassinated was declare his intention to reform the central banking system of the United States.

No connection between these two events?

Congressman Louis McFadden, Chairman of the House Banking and Currency Committee from 1927-33, opposed the Federal Reserve System. There were three reported attempts on his life before he finally died of “heart failure.”

Here’s what he said about the Federal Reserve from the floor of Congress:

“Mr. Chairman, we have in this Country one of the most
corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed.

The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation’s debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.

This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the mal-administration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.”