Is The Fed Too Big To Fail

It happens all over again each and every morning. After the rise to consciousness from however many hours of glorious slumber I once again find myself in the "Twilight Zone." After the sandman has completely released his grip on my sluggish brain and I become fully awake, I realize anew that I am still alive and well… but still residing in a country where Timothy Geithner is secretary of the U.S. Treasury.

As a Black man, the appointment of this former head of the Federal Reserve Bank of New York to this Cabinet position is probably the most rock-solid reason for being convinced that electing an attractive, eloquent and educated Black man to the office of POTUS will not bring about any substantive change in the way things are done in Washington, DC.

Talk about foxes guarding hen houses. Talk about unrestrained arrogance. Talk about levels of smugness and self-assuredness that boggle the mind. Well, talk about Mr. Geithner.

I've watched this individual in appearances before Congressional committees numerous times since his appointment by Obama. Never have I seen anyone who enjoys the sound of their own voice to such an extent; with the possible exception of Rush Limbaugh, who by the way never mentions the Federal Reserve's history or real purpose.

The only thing more disgusting than watching Geithner and Bernanke pontificate as if they were financial wizards with special powers unknown and indeed unknowable to us mere mortals is probably the level of obsequiousness that our elected officials grant to these men. Men who rightfully should be Bernie Madoff's roommates because their crimes far exceed his.

Like a lot of people I look forward to the Super Bowl partially for the new and creative ads that are featured for the first time. The people who create these ads deserve to be fairly rewarded for increasing sales. But I have a question. Who is it that comes up with phrases like "too big to fail" and "jobless recovery?" What the bleeeeeeeep, bleeeeeeep, bleepity bleeeeeep?!!

Jobless recovery simply means that those who own stocks have seen their portfolios improve because American businesses have laid off American workers thereby reducing payroll and increasing bottom lines. In a word, Wall Street gets better BECAUSE Main Street suffers.

What most Americans don't quite understand though is that Wall Street and the Federal Reserve actually create this misery solely to further enrich people who are already incalculably wealthy. People with "money that ain't been printed yet" to quote some famous person.

President Obama is probably a nice guy. He'd probably buy you lunch if you were hungry and treat you to a cold beer. But the fact is, like all of his predecessors, he is no more in charge of things than the head coach is in charge of how accurate his quarterback throws a pass. But he was in charge of whom to appoint as Treasury Secretary. And he showed his true colors with the choice he made.

And no matter how ardently my Black friends and relatives defend Obama, the fact remains that he talks and acts like all those before him in matters related to the Federal Reserve. So there must be some common element to this puzzle that ultimately makes sense of it all. Research the Federal Reserve.

I did not vote for Obama. I've been a Libertarian since Ross Perot showed that a third party was a viable alternative. However I sat out the 2008 election because of Bob Barr's history.

And I often lament over what things may have been like had Mr. Perot been elected. For sure he would have vetoed NAFTA and GATT. And subsequently millions of American jobs would still be here in this country.

During my readings I've come across some very wise words written by some very smart women and men. Sometimes a single phrase not only sheds light on a particular subject but also completely rearranges the way you perceive the world around you and the people in it.

One such observation was this. I read somewhere - and I regret I cannot credit the author - that what our elected officials call "foreign aid" is the transfer of money from the poor of one country to the wealthy of another country." And when I read Samuel F. Yette's "The Choice", I understood why the federal government pays farmers (with our money) to NOT grow certain crops so that those who run things - the International Bankers - can influence or control the politics of other countries; most often countries whose populations are poverty-stricken.

There is a change acoming though. The Internet has allowed countless individuals to learn about the so-called Federal Reserve System and how it was created to enslave American tax-payers to a life of financial servitude to a relative small number of evil and greedy banksters and those who serve and cover for them.

Anyone who continues to vote for any candidate of the one-party system with two heads deserves what they will continue to get. Alternating between the Republicans and Democrats every four years is akin to a woman who runs back and forth from one man who cheats on her and another who cheats on her and beats her.

Even though they are all members of the two major parties, I fantasize about a Washington DC that has Ron Paul as POTUS, Dennis Kucinich as Veep and Marcy Kaptur as Attorney General. Yessss!!