[Lokutus]

Video 2

This is the second 90 minute part of The Money Changers. The first two and half hours cover all the alleged problems of central banks since the Rothschilds first appeared. But if you load the video and fast fowrd to about the 60 minute mark, it will begin to offer a seeming solution to the Fed problem. The solution could be implemented in under a year after which the Fed would just serve as a clearing house for transactions between banks.

This stuff is above my head, and I'd like to hear what others have to say about this video's recommendations for dealing with the Fed problem.

[Lokutus]

Will the US Need an IMF Bail Out?
By PAUL CRAIG ROBERTS

President George W. Bush has destroyed America's economy along with America's reputation as a truthful, compassionate, peace-loving nation that values civil liberties and human rights.

Nobel prize-winning economist Joseph Stiglitz and Harvard University budget expert Linda Bilmes have calculated the cost to Americans of Bush's Iraq war to be between one and two trillion dollars. This figure is 5 to 10 times higher than the $200 billion that Bush's economic adviser, Larry Lindsey, estimated. Lindsey was fired by Bush, because Lindsey's estimate was three times higher than the $70 billion figure that the Bush administration used to mislead Congress and the American voters about the burden of the war. You can't work in the Bush administration unless you are willing to lie for dub-ya.

Americans need to ask themselves if the White House is in competent hands when a $70 billion war becomes a $2 trillion war. Bush sold his war by understating its cost by a factor of 28.57. Any financial officer any where in the world whose project was 2,857 percent over budget would instantly be fired for utter incompetence.

http://www.counterpunch.org/roberts01102006.html

[aahala]

My internet connection speed doesn't allow me to download video, so
I ask what FED problem?

The Fed system in the US is a great improvement over the "system" prior
to its establishment.

I imagine there are cases for improvement and some central banks
have acted unwisely. One should apply a cure to those not to the healthy.
We don't ban doctoring because of the incompetence of the few.

[Lokutus]

$this->bbcode_second_pass_quote('aahala', 'M')y internet connection speed doesn't allow me to download video, so
I ask what FED problem?

[Lokutus]

$this->bbcode_second_pass_quote('Lokutus', '')$this->bbcode_second_pass_quote('aahala', 'M')y internet connection speed doesn't allow me to download video, so
I ask what FED problem?