First Fannie and Freddie, Next the Federal Reserve ?

Fannie Mae and Freddie Mac are both private institutions created by the government with some degree of government influence and interaction.
(hnn.us...)
Considering that these 'private' companies tanked by their own fault, got bailed out, could the government let something similar happen with the Federal Reserve Bank to help expedite NWO control? The Fed is, after all, a private institution with government interaction and influence (www.newyorkfed.org...)and with the declining dollar, what happens when their investments become worthless? It isn't hard to see the similarities and how the government could take over the Fed with a plan for the new Amero. Perhaps the bailout of Fannie-Freddie was just the precedent they were looking for.

I was actually looking forward to Freddie and Fannie tanking. I think the nation needed a wake up call into reality. The economy would have hiccuped, but corrected and it and we would have been better for it. Now, it only prolongs the inevitable, people don't learn, and the government gets that much more socialist/communist.

[edit on 9-9-2008 by Wolf321]

reply to post by Wolf321


I have heard that the charter of the Fed includes a clause whereby it reserves the right to unilaterally nullify any transaction, the Fed doesn't have debt, the Fed can't tank. Besides, it's not an American institution, it is the US central bank, but it is also a smaller subordinate component of the world banking system (also privately owned) which I believe is all under the tacit directorship of the International Settlement Bank in Europe (of course). The Fed was essentially intended for the one-way transfer of wealth. It can't fail.


Now, as fancifully conspiratorial as that sounds, there seems to be some truth to the part about it having the authority the magically 'erase' any debt it incurs.

The Fed is the NWO.

It can't really loose money, since every dollar printed is backed by a debt instrument. (usually a t-bill - a us government bond) Since the T-bill is backed by Joe Taxpayer, they can't loose. And they don't need any bail outs.

It's interesting to note that the Fed gives away most of its profit (around 30 billion annually) back to the US treasury. The Federal Reserve is more of a control mechanism for the elite rather than a profit maker in itself.

Now, it only prolongs the inevitable, people don't learn, and the government gets that much more socialist/communist.

LOL, maybe they learned that communism is the way to go

Remember there is the real communism and there is war/dictator communism.

Don't get them mixed up!