Posted by: rmiglobal | August 15, 2011

Who Owns The US FED?: Or When Mr. Paul Next Goes To Washington

America’s Founding Fathers set out to create an organisation that was a talking-shop assembly for their thirteen colonies, governance was geared to be a local matter dealt with by competent officials answering to local legislatures. Evolution in this structure didn’t anticipate incorporation to USA Inc. and it was never meant that a new city state named District of Columbia would lord it over the populace from a corporate distance.

Naturally, a central bank was the last entity they could wish for on the North American continent but at the heart of any debate on international finance rests the complicated relationship between the American government and the ‘independent’ FED agency tasked with accomplishing extraordinary feats using bog-standard ordinary means. We know already, it’s as federal as Federal Express, who hasn’t heard or tacitly agreed?

In lieu of deconstructing an overcomplicated commercial structure, let’s consider the most basic function of the beast. It’s claim to an ability to control the boom-bust cycle was debunked from the outset, but that didn’t stop it’s implementation. The Great Depression and recessions that followed disrobed the emperor, but nobody in politics was able to step in and dislodge the tick. The FED’s secretive ownership by ‘Others’ put paid to any claims of transparency, but few politicos will bite a hand that feeds.

The natural desire to label these things ‘conspiracy’ may be correct in a historical sense but such observations seldom help one arrive at the crux. Our childish belief in Hollywood branded rights and wrongs always anticipate a white knight riding over the hill to the rescue, tearing apart the bloated bureaucracy and then divying up the proceeds with the injured, huddled masses. As gee-wiz scripts go, it’s the lamest of the lame but that’s what hoping for hope’s sake is all about in the US narrative.

Fans of Ron Paul fall squarely into this category of wishful thinkers who are for the most part  plain lazy in their desire to fix the un-fixable. He rages against the FED for them and demands an audit but then proposes re-introducing the gold standard, as though that would fix things good and proper. In the credibility stakes, there’s a pronounced absence of any other presidential hopefuls with verifiable backbone but that in itself doesn’t mean he’s right on the money, gold is a double edged sword.

Students of policy and ‘divide and conquer’ templates recognise that the FED’s greatest protection mechanism cloaks it’s true ownership by USA Inc., that august entity everyone mis-identifies with Uncle Sam, good and firm, but fair. Tear down those illusions and Paul simply happens to be part of the problem to which there is no solution at all, even if they shut the place down tomorrow. The reason is simple too, Washington is the seat of the new-fangled nobility clawing their way to the very top.

Let’s regress in history for a moment to the founding of Venice as the best example of plebs going hog-wild. In their panic to escape from their original home, a large band of refugees made their way across the lagoon’s natural defenses that only allowed shallow boats to cross. It was defensible without walls because their foe could not reach them. Having founded a settlement where one and all could prosper in safety, a few decided to place themselves above the rest and make it stick with letters patent.

One for all and all for one lasted just long enough for the principal players to assume a level of authority and when their main government building was erected, the greatest architectural emphasis was placed on the strength of the main door. A whisper went out to invite the trusted cohorts of leading refugees to assemble there and establish their new nobility without regard to previous standing. When those who were left out of the noble proceedings arrived at the door, it was firmly locked tight.

US historians like pompous pedigree, they call JFK’s presidency Camelot and they’re doubly encouraged to do so by a political establishment that firmly believes their empire requires empty titles. Career minded Yes Men have gone far bowing to the whims of bureaucratic manipulators with the end always justifying the means. The US Senate in it’s present form is a bloody travesty and disregards the fact that Senators were once appointed by their state legislatures and could always be fired on the spot.

Checking the balance of power by alleviating states of their ability to recall their representatives and hold them accountable for their decisions is a check-mate for the privileged usurpers. Inside the Appian Beltway, neo-feudal tribunes funded by insider-trading immunity on the Stock Exchange enriched the US political class to no end and they’re not willing to open the door to mere citizens. Sham Election Machines and the illusory representative democracy are paramount to keeping their shitwagon rolling.

So who are the ‘actual’ shareholders of USA Inc? Some might say the ‘citizens’ born on the land etc. but we beg to differ. Mr. Paul could certainly find out for us if he put his mind to it but he’s busy looking into the question of whether there’s really any gold in Fort Knox. Perhaps we could free up his schedule slightly by letting him know that  Jim Willie already confirmed they’re storing nothing but old nerve gas canisters down Lexington way. And with the FED, Sarel Oberholster has good clues aplenty….

 


Responses

  1. It’s time we stand up to these crooked Judges and District Attorney who are willing to for go the law and make their own unjust justice.

  2. It’s on, plenty of people are pushing back the intrusive corporate state. There will be more ;-)


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