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Jackson Hole Conclave: Central Bankers Plan Global Theft, Massive Pain
William F. Jasper thenewamerican.com The annual meeting of central bankers in Jackson Hole, Wyoming, this past week (August 22-24), sponsored by the Federal Reserve, elicited a collective yawn from the establishment media. Since Federal Reserve Chairman Ben Bernanke had announced earlier that he would not be attending — the first time in 24 years a Fed chairman has missed the annual confab — most media reports downplayed the significance of the conference and focused on speculation over how soon the Fed might begin its announced “tapering” program (Will it be in September, December, or January?), and by how much (Will it be a reduction of $10 billion/month, or $15 billion, or $20 billion?). An even bigger diversion was the speculation over the anticipated departure of Bernanke from the Fed and who his replacement is likely to be — with Fed Vice Chairman Janet Yellen and former Treasury Secretary Lawrence Summers leading the short list of candidates. No Watchdogs Allowed; Only Fed-friendly Media Lapdogs Admitted However, with the global economy teetering on the brink and the world’s central bankers engaged, along with their commercial bank partners, in vastly expanding their powers and robbing their customers and taxpayers of trillions of dollars, it is easy to see why they would welcome the diversionary coverage provided by the dozen selected reporters (from Fox, Wall Street Journal, Reuters, AP, New York Times, Bloomberg, et al) who were admitted to the conference. The Fed conference roster lists these privileged lapdogs as official “Media Attendees”:
“They’re going to take money wherever they can” Famed investor/author and commodities tycoon Jim Rogers, however, sounded a very different tune from the “nothing new happening, don’t worry, all is well” theme that underscored the MSM treatment of the secretive banker huddle in Wyoming, at the ranch/conference center developed by John D. Rockefeller early in the last century. According to Rogers, the “be happy” message is camouflaging the fact that “They’re going to take money wherever they can. ... They’re going to take our bank accounts and retirement accounts.” The “they” he refers to are the central bankers and their Insider commercial banker colleagues — and national governments, which serve as the collection agencies for the bankers. “This is the first time in recorded history all the banks are printing money at the same time. ... This is the first time we’ve had massive debasement, and it’s going to end very badly no matter what they say,” Rogers said in a remote video interview with Greg Hunter of USAWatchdog.com. “Whether they keep printing or stop printing money globally, it is going to end badly,” Rogers continued. “Banks are not going to be lending. Financial markets are going to go down. Currency markets are going to be in great turmoil. It’s not going to be any fun.” And if the money printing continues, Rogers says, “You’ve got bubble in some sectors, you have inflation, and then you have interest rates going up… and it’s a mess because printing money is artificial. It’s never worked.” As the economy slows down, Rogers predicts, “They’re going to take money wherever they can. ... They’re going to take our bank accounts and retirement accounts.” Rogers concludes by saying, “We’ve had perilous times, and it’s going to get worse. ... It’s coming, be worried, be careful.” to read more click here: thenewamerican.comSign up for our free e-mail list to see future vaticancatholic.com videos and articles.
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