Posted on 07/06/2019 9:41:42 AM PDT by Enlightened1
President Trump took aim at the Federal Reserve on Saturday, labeling it the “most difficult problem” the U.S. faces and again criticizing the independent central bank for raising interest rates.
“Strong jobs report, low inflation, and other countries around the world doing anything possible to take advantage of the United States, knowing that our Federal Reserve doesn’t have a clue!” Trump tweeted late Friday night. “They raised rates too soon, too often, & tightened, while others did just the opposite.”
“As well as we are doing from the day after the great Election, when the Market shot right up, it could have been even better - massive additional wealth would have been created, & used very well,” he continued. “Our most difficult problem is not our competitors, it is the Federal Reserve!”
(Excerpt) Read more at thehill.com ...
The Fed is most certainly a problem as it appears to be in the hands of they whom really want the change we don’t.
Ben got an invite to the WH for the Social Media Summit
Central banking by a private corporation — which is what the “federal” reserve is — is just a huge scam. Endless problems for no actual benefit. We need to find a way to kill it the way Jackson killed the Second Bank.
The Fed is very important, but I’d give “most” to the border, or to our internal revolutionaries.
Can you say “Gold Standard”?
I thought you could.
Can you say Global Reset and the key words,
“Level Playing Field”
that has been said by the whose whose of finance?
A new Bretton Woods conference to upgrade a create a new gold standard/asset class (first in over 300 years) or level playing field. I hope we see that over the next 6 years.
Remember this about gold. The Feds seized it in 1933 and made it illegal to own. If they could do that and get away with it, then you can bet as sure as the sun will rise tomorrow they will do it again.
The Fed is suppose to cut interest rates when the economy is slowing down to stimulate growth, and raise interest rates when the economy is booming?
President Trump said we have the best economy ever. At the very same time the President does not want the Fed to raise the historic low interest rates.
This is because for the most part the Fed artificially pumped money into our economy since 2009 to keep it afloat when it should have crashed. We have had a pseudo economy over the last decade to protect the politicians careers and the to bailout the banks quack economics policies.
Now we are in a bigger hole than 2008, and no politician in Washington is being honest about what is really happening.
It is the same with Wall Street rational which is like a child. Investors should be happy to see interest rates climb from historic lows indicating our economy is growing. Instead they do not like it, and maybe it is because they know if it raises too high then the dollar could default?
I have heard the year is 2022 when the minimum debt payment we have to pay will actually exceed the annual tax revenue.
Now you know why crypto and digital assets will be in place, and we can have a smooth transmission to a new “level playing field” that will be better for everyone.
Well maybe not since the old guys (Feds) will have less power, dominance and control than in the past.
Forget the freakin fed....HOW about stopping antifa, Facebook, twitter, YouTube etc from censorship of conservative!! That should be priority over everything else ....IF THEY SILENCE US America is dead!!!
You’re right about the fact that the Fed is supposed to act countercyclically. A good thing to keep your eye is the interest rate in real, rather than nominal terms. By that I mean the difference between the interest rate and the inflation rate. Generally speaking, when that is positive, the Fed is on the tight side; when its negative, the Fed is on the loose side. It’s usually negative.
You are wrong about the 2022 date; it’s not even close under current circumstances. But, dramatic things will happen with the size of debt payments due relative to the economy in general and collectible taxes specifically the next time interest rates go up, whether due to tightening, or inflation, or a combination of both.
Forget the freakin fed....HOW about stopping antifa, Facebook, twitter, YouTube etc from censorship of conservative!! That should be priority over everything else ....IF THEY SILENCE US America is dead!!!
That is what the deep state and the banksters want you to think......
America has been dead since 1913
Our money is fake, we are all slaves to the banks
Facebook, Twitter, whatever doesn’t even matter compared to what the Fed is doing.
Ignore the distractions that the deep state created to keep you focused on non issues that isn’t them
The Fed has huge power over the direction of our economy. Couple this with the fact that if one had inside knowledge of what the Feds next move would be you could become very very rich overnight. It’s completely illogical to think Fed moves are not being used by insiders to transfer wealth to favored financial entities and themselves. It’s illogical to think that Fed actions are not sometimes if not most of the time politically motivated. It’s illogical to think that somehow nearly every part of the federal government and all it touches has been nearly totally corrupted by leftist leaning personell but somehow the makeup of the Fed has remained pure and is staffed by impartial people who only have the best interest of the American people at heart. That is simply impossible. Ask yourself. Who are these people who could at the drop of a dime could announce a move that could cause you to lose 20 or 30 percent of your net worth overnight? Who could be trusted with this kind of power? The answer can’t be anything but NO ONE. NO ONE can be entrusted with this power. Our economy must be left to market forces. Eliminate the FED is the only answer.
Take out the Rothschild clan.
He’ll need to wrapped within the Power of God to survive this battle.
And so will we. Look around and see.
President Trump is our last Peaceful Warrior.
Surely you are not equating the management of our economy with whose GD blog video gets posted on YouTube???
Regarding the constitutionally undefined Federal Reserve being in PDJT's sights, please consider the following.
Ax-grinding, Civil War Southerner President Woodrow was wrong to sign the bill that established the Federal Reserve without first leading Congress to successfully petition the states for a federal banking power amendment to the Constitution imo.
First note that Constitutional Convention delegate Ben Franklin had suggested adding canals to the Constitution’s Postal Roads Clause (1.8.7).
"Article I, Section 8, Clause 7: To establish Post Offices and post Roads [, canals;]"
Franklin had suggested adding canals since machine powered vehicles hadn’t been invented at that time.
More specifically, Franklin had intended for canals to improve commerce by moving freight which has been done by means of navigable rivers for millennia, now also by modern highways.
His fellow delegates discussed his proposal for canals but ultimately rejected the idea. They rejected the idea because some delegates expressed concern that if Congress had the power to tax and spend for building canals, then that would give the feds an excuse to establish a national bank as a means to help run canals under the "Necessary and Proper Clause" (1.8.18).
The reason that some delegates had problems with a national bank is that they had friends in the colonies who owned banks who didn’t want the federal government telling them how to run their banks.
“A proposition was made to them to authorize Congress to open canals, and an amendatory one to empower them to incorporate. But the whole was rejected, and one of the reasons for rejection urged in debate was, that then they would have a power to erect a bank, which would render the great cities, where there were prejudices and jealousies on the subject, adverse to the reception of the Constitution [emphasis added].” —Jefferson’s Opinion on the Constitutionality of a National Bank : 1791.
A national bank versus the Necessary and Proper Clause is significant for this reason. Franklin didn't mention banks when he suggested adding canals to the Postal Roads Clause. So when the delegates decided against canals in conjunction with implied banking powers, the delegates eliminated implied banking powers as a means for Congress to perform any of its peacetime-related enumerated constitutional duties imo.
Getting back to major constitutional problems with the Federal Reserve imo…
Let’s argue that the Federal Reserve is a private, third-party entity as the corrupt, post-17th Amendment ratification feds keep on claiming.
The problem remains, regardless the of the smoke-and-mirrors of the so-called private Federal Reserve, that non-elected private bureaucrats are still wrongly telling 10th Amendment-protected bank owners how to run their business, and is therefore unconstitutional imo.
"10th Amendment: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people [emphasis added]."
On the other hand, consider that if Pres. Wilson had first led Congress to successfully petitioned the states for a banking amendment to the Constitution that not only would I not be making this post, but consider this.
Regardless that the corrupt, post-17th Amendment Congress is now infamous for unconstitutionally front-ending federal legislative powers with non-elected federal bureaucrats running constitutionally undefined federal regulatory agencies, the "private" Federal Reserve effectively just another example of such an agency imo, it remains that the citizens of each state still have their 10th Amendment-protected power to decide their state's banking services.
In fact, Justice Brandeis had put it this way about state powers in general.
"It is one of the happy incidents of the federal system that a single courageous State may, if its citizens choose [emphasis added], serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.” — Justice Brandeis, Laboratories of democracy.
Citizens just need to wake up to their 10th Amendment powers.
Note that constitutional limits on states as laboratories of democracy is that states cannot establish privileged / protected classes or abridge constitutionally enumerated rights, and must maintain a constitutionally guaranteed republican form of government.
The remedy for constitutionally failed federal and state governments that no longer protect their citizens…
Patriots need to elect a new patriot Congress in the 2020 elections that will not only promise to support PDJT's vision for MAGA, now KAG, but will also promise to surrender state powers that the corrupt feds have been stealing from the states for many generations back to the states, including banking powers.
And to make such changes permanent, patriots also need to support PDJT in leading the states to repeal the 16th and ill-conceived 17th Amendments.
Remember in November 2020!
MAGA! Now KAG!
“Central banking by a private corporation — which is what the “federal” reserve is — is just a huge scam. Endless problems for no actual benefit. We need to find a way to kill it the way Jackson killed the Second Bank.”
We need to get the money back that these Goblins have defrauded us out of. Plus interest.
“Take out the Rothschild clan.”
And all their minions, everywhere.
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