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Is Obama creating another layer of beaurocracy by using the Federal Reserve to monitor banks wall street?

Is Obama creating another layer of beaurocracy by using the Federal Reserve to monitor banks wall street? Topic: How to write an amendment proposal to the us constitution
November 20, 2019 / By Betty
Question: Another layer of government being created with the Federal Reserve, Yes the very ones who loosened up the money supply and created a feeding frenzy from unqualified borrowers. 85 page proposal from Obama administration. Then the government pressured banks through Freddie Mac and Fannie Mae to lend to unqualified borrowers . They of course were given ARM loans and are now defecting at an alarming rate. No I do not like Bush either or Rush Limbaugh. This one is on Obama. Obama is padding government on top of government .
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Best Answers: Is Obama creating another layer of beaurocracy by using the Federal Reserve to monitor banks wall street?

Aila Aila | 9 days ago
OMG! Watch this link below & tell me the Federal reserve isn't scary...you will not believe your ears, unless you already have a firm grasp of what is really going on with & at the Fed (you know who you are: Griffin, FreedomForce, Jeffersonian Constitutionalist fans, etc.,): http://dailybail.com/home/there-are-no-w... Those of you that believe this proposed new layer of government is "good for protecting the people"...well, I am begging you, no IMPLORING you to just look a little bit deeper at the facts. I too as recently as 4 months ago would have taken up your position because truly on the surface, well gee, who wouldn't be for something that's going to protect us from the Behr-Sterns, AIGs, Lehman Bros., and all the other Wall Street financiers that were greedy and effed it up for all of us; even more so for me as I am a licensed professional in the financial industry. Well, knowing, NOT JUST BELIEVING, what I KNOW now, I was dead wrong. If you all really want to "protect the people", one has to know who the REAL enemies are that you're vulnerable to. Astoundingly, Thomas Jefferson in the late 1700's saw and foresaw the evils of what we are experiencing today & vehemently warned against exactly these catastrophes. He & James Madison essentially provided those protections in the U.S.Constitution. It is uncanny, scary like freakin' Nostradamus with a crystal ball scary. Unfortunately, those most important aspects of that divine doctrine & its amendments have been flagrantly ignored for almost 150 years and we are about to pay an unthinkable price. That's right, flagrantly and designed with a Machiavellian precision ignored over time because that Constitution, were the certain laws within it followed & enforced, the real power brokers pulling everyone's chain would have been absolutely thwarted. Please check my sources...I write the TRUTH..I am not an alarmist. I know the last part sounds like conspiracy theory crap, and well sadly, it isn't...damn I wish it were...sure make things a lot easier. Please remember the truth is usually what is the most obvious, no matter how unthinkable. I'm out....Peace
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We found more questions related to the topic: How to write an amendment proposal to the us constitution


Aila Originally Answered: How has the Federal Reserve changed since Obama became president?
Wow, thanks for your super duper helpful answers guys lol Lemme try and help. The Federal Reserve is by far the most powerful organization in America, and it is also incredibly secretive, very few people know what its really like. The Chairman of the Fed, Ben Bernanke, has been printing money like crazy, the number is around $4 trillion to give out as loans to struggling banks and companies, and try and pay off bad debt. So far, this has been working tremendously well, and the economy seems to have "bottomed out" and will begin improving within the next few months. So, wile the Fed has been printing money, Congress has been deciding what to do with it, so they've passed the stimulus package you hear so much about, which is chock full of building projects and things of that nature. They've also been working with a new budget for next year, and have been handing out TARP money to banks. Obama has been doing a phenomenal job, if you look at the facts and not opinions, and he's had great help from Congress and the Federal Reserve. If you need to know more, feel free to email me, I'm happy to help :]
Aila Originally Answered: How has the Federal Reserve changed since Obama became president?
The Federal Reserve is by far the most powerful organization in America, it is a quasi-public central bank and it is also incredibly secretive, very few people know what its really like. The Chairman of the Fed, Ben Bernanke, has been printing money like crazy, the number is around $4 trillion (quadrupling the amount of cash in circulation) to give out as loans to struggling banks and companies, and try and pay off bad debt. So far, most of this has been ineffective, Though the economy seems to have "bottomed out" and leveled off, it may not begin improving until 2010. So, while the Fed has been printing money, Congress and the Treasury (who does not have the constitutional authority) has been deciding what to do with it, so they've passed the 'stimulus' package(less than 2% has been spent so far and the economy has leveled off, the rest is not needed but will be wasted anyway) you hear so much about, which is chock full of unnecessary spending. They've also been working with a new budget for next year ( which is scheduled to have a $1.2 trillion deficit), and have been handing out TARP money like candy to banks. Obama has been doing a horrible job, if you look at the facts and not opinions, and he's had great help from Congress and the Federal Reserve is pushing the debt levels in this country to untenable levels. We will soon faced incredible inflation levels, far worse than the 1970's, that will stifle any major increases in the economy. This will drive the costs of goods and services up on everyone. If you need to know more, feel free to email me, I'm happy to help :]

Tobiah Tobiah
Nope; that kind of regulation, had it been in place in the first place, would have prevented the Bear-Stearns landslide from happening in the first place. Canada doesn't allow non-regulated brokerage houses to exist here nor are American houses allowed to do business up here that aren't federally regulated; hence, the economic meltdown you experienced didn't strike us at all. Prevention is worth a pound of cure, my friend!!!
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Randolf Randolf
He is running everything Car companies, to financial markets,health care,l hiring and firing CEO's of banks and car companies regulating financial instruments. Today 88 pages new came out don't know what's he gonna socialize now
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Randolf Originally Answered: Obama Supporters, Why do you support the Federal Reserve?
The majority of people do not understand that the Federal Reserve and most other central banks around the world are nothing to do with the government. They are privately controlled, for profit, banks. The majority of people do not understand that the privately controlled Federal Reserve, formed in 1913, manipulated the U.S. into bankruptcy in 1933. The U.S. is still in a state of bankruptcy and have been living on credit since they became bankrupt. Who extends the credit? The same people who control the Federal Reserve. Bankers want some sort of collateral when they advance a loan. What has the U.S. used as collateral? ALL the assets of the American people, their person, and of the country itself are held by the Depository Trust Corporation at 55 Water Street, NY, NY, secured by UCC Commercial Liens, which are then monetised as "debt money" by the Federal Reserve. It may interest you to know that under the umbrella of the Depository Trust Corporation lies the CEDE Corporation, the Federal Reserve Corporation, the American Bar Association, the legal arm of the banking interests, and the Internal Revenue Service, the system's collection agency. When the Federal Reserve prints money, which is worth no more than the paper it is printed on, the money is LOANED to the government and therefore increases the debt and the interest due. http://www.barefootsworld.net/usfraud.ht... http://famguardian.org/Subjects/LawAndGo... Having read through that lot, read about some of the people responsible. http://www.iamthewitness.com/DarylBradfo...

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