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  • Federal Reserve warns of new economic crisis

    Date: Posted on by alternativemedia

    A recent meeting of the US Federal Reserve revealed that members of America?s central bank are not very optimistic about the future of the country?s economy.

    Even though the Fed is at odds regarding what to do in terms of helping economic growth ? and it still remains unclear whether or not a third round of quantitative easing (QE3) is to come ? the official forecast from the bank suggests that the US may be sliding into a crisis.

    Details from the Fed?s last meeting have been released to the public, and the minutes from that gathering reveal that the economists that oversee much of the inner-workings of the country?s fiscal policy remain concerned with the state of America.

    Among the items discussed in the meeting ishow a lack of initiative on the part of the US Congress could bring further strain on America?s economy, specifically that a failure to avert tax hikes and planned massive spending cuts later this year could be catastrophic.

    The Fed has also downgraded its economic forecast, citing that a stagnant job market continues to cause problems. The minutes also reveal that the Fed?s board believes that the unemployment epidemic that has plagued the Obama administration since the current president took office in 2009 shows no sign of shaping up ? members forecast that statistics for the next few months will mirror the current unemployment level of 8.2 percent.

    Federal Reserve Chairman Ben Bernanke has been critical of US jobs statistics throughout his tenure with the bank. Even still, though, the Fed has shown little action in recent times when it comes to offering a helping hand.


    “This unemployment situation we have, the jobs situation, is really a national crisis,” Bernanke said all the way back in April 2011 while speaking in Ohio. The chairman told Congress around the same time that “The Committee will continue to closely monitor economic developments and is prepared to take further action as appropriate to promote a stronger economic recovery in the context of price stability.? One year later, though, the Fed seems still unsure about what to do.“This unemployment situation we have, the jobs situation, is really a national crisis,”
    The Committee will continue to closely monitor economic developments and is prepared to take further action as appropriate to promote a stronger economic recovery in the context of price stability.?

    Further steps ?could be warranted,? several Fed members agree. How, when and what the bank will do remains a mystery, though, in an issue that is complicated, to say the least. Even if some members are for considering options that may include another round of quantitative easing, the Fed is mostly divided when it comes to a possible plan of action.?could be warranted,?

    “These minutes show that there is still a very deep division within the Fed,” DMJ Advisors? chief economist, David Jones, tells the Associated Press about the bank?s latest report. As news of their last meeting has made it outside of Washington, the Dow Jones Industrial Average was down on Wednesday for its fifth straight day of losses. The price of gold has also declined yet again, a matter which the Wall Street Journal?s MarketWatch suggests is a result of the release of the Fed?s meeting minutes.“These minutes show that there is still a very deep division within the Fed

    Although minutes from the Fed?s last meeting are just being made public, that isn?t to say that it?s a late breaking issue. Records from the last sit-down among the Fed?s board members date to a June 19-20 meeting, with details about what ? if any ? discussions that have occurred in the three weeks since being a mystery. The Fed is not expected to hold another meeting until the end of this month, which will then be followed by a gathering on September 12-13.

    ?It seems as though the committee is moving away from quantitative easing as the central bank expects the economic activity to gradually gather pace over the coming months,? David Song, a currency analyst at DailyFX, adds to MarketWatch.?Although theFed kept the door open to expand monetary policy further, the recent rhetoric suggests that QE3 will be taken off the table as members of the board float the idea of looking at ?new tools? to strengthen the tepid recovery.??It seems as though the committee is moving away from quantitative easing as the central bank expects the economic activity to gradually gather pace over the coming months,?
    .?Although theFed kept the door open to expand monetary policy further, the recent rhetoric suggests that QE3 will be taken off the table as members of the board float the idea of looking at ?new tools? to strengthen the tepid recovery.?

    The minutes also reveal that 15 members of the Federal Open Market Committee had a poor outlook about America?s economy as of their last meeting, up from April?s figure of just eight.

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  • THE PLOT THICKENS: THE BS IN OBAMA?! President Barrack Obama Fraud, Barry Soetoro, UNITED STATES ID FRAUD

     

    Subject: Biden may be interim president by the end of 2012

    VERY QUIETLY OBAMA'S CITIZENSHIP CASE REACHES THE SUPREME COURT AP - WASHINGTON D.C.

    In a move certain to fuel the debate over Obama's qualifications for the presidency, the group "Americans for Freedom of Information" has Released copies of President Obama's college transcripts from Occidental College ... Released today, the transcript school indicates that Obama, under the name Barry Soetoro, received financial aid as a foreign student from Indonesia as an undergraduate. The transcript was released by Occidental College in compliance with a court order in a suit brought by the group in the Superior Court of California. The transcript shows that Obama (Soetoro) applied for financial aid and was awarded a fellowship for foreign students from the Fulbright Foundation Scholarship program. To qualify, for the scholarship, a student must claim foreign citizenship.

    This document would seem to provide the smoking gun that many of Obama's detractors have been seeking. Along with the evidence that he was first born in Kenya and there is no record of him ever applying for US citizenship, this is looking pretty grim. The news has created a firestorm at the White House as the release casts increasing doubt about Obama's legitimacy and qualification to serve as President article titled, "Obama Eligibility Questioned," leading some to speculate that the story may overshadow economic issues on Obama's first official visit to the U.K. In a related matter, under growing pressure from several groups, Justice Antonin Scalia announced that the Supreme Court agreed on Tuesday to hear arguments concerning Obama's legal eligibility to serve as President in a case brought by Leo Donofrio of New Jersey . This lawsuit claims Obama's dual citizenship disqualified him from serving as president.. Donofrio's case is just one of 18 suits brought by citizens demanding proof of Obama's citizenship or qualification to serve as president.

    Gary Kreep of the United States Justice Foundation has released the results of their investigation of Obama's campaign spending. This study estimates that Obama has spent upwards of $950,000 in campaign funds in the past year with eleven law firms in 12 states for legal resources to block disclosure of any of his personal records. Mr. Kreep indicated that the investigation is still ongoing but that the final report will be provided to the U.S. Attorney general, Eric Holder. Mr. Holder has refused to comment on the matter...

    LET OTHER FOLKS KNOW THIS NEWS, THE MEDIA WON'T!

    Subject: RE: Issue of Passport?

    While I've little interest in getting in the middle of the Obama birth issue, Paul Hollrah over at FSM did so yesterday and believes the issue can be resolved by Obama answering one simple question: What passport did he use when he was shuttling between New York , Jakarta , and Karachi ?

    So how did a young man who arrived in New York in early June 1981, without the price of a hotel room in his pocket, suddenly come up with the price of a round-the-world trip just a month later?

    And once he was on a plane, shuttling between New York , Jakarta , and Karachi , what passport was he offering when he passed through Customs and Immigration?

    The American people not only deserve to have answers to these questions, they must have answers. It makes the debate over Obama's citizenship a rather short and simple one.

    Q: Did he travel to Pakistan in 1981, at age 20?
    A : Yes, by his own admission.

    Q: What passport did he travel under?
    A: There are only three possibilities.

    1) He traveled with a U.S. ... Passport,
    2) He traveled with a British passport, or
    3) He traveled with an Indonesia passport.

    Q: Is it possible that Obama traveled with a U.S. Passport in 1981?
    A: No. It is not possible. Pakistan was on the U.S. .. State Department's "no travel" list in 1981.

    Conclusion: When Obama went to Pakistan in 1981 he was traveling either with a British passport or an Indonesian passport.
    If he were traveling with a British passport that would provide proof that he was born in Kenya on August 4, 1961, not in Hawaii as he claims.. And if he were traveling with an Indonesian passport that would tend to prove that he relinquished whatever previous citizenship he held, British or American, prior to being adopted by his Indonesian step-father in 1967.

    Whatever the truth of the matter, the American people need to know how he managed to become a "natural born" American citizen between 1981 and 2008.

    Given the destructive nature of his plans for America, as illustrated by his speech before Congress and the disastrous spending plan he has presented to Congress, the sooner we learn the truth of all this, the better.

    If you Don't care that Your President is not a natural born Citizen and in Violation of the Constitution, then Delete this, and then lower your American Flag to half-staff, because the U.S. Constitution is already on life-support, and won't survive much longer.

    If you do care then Forward this to as many patriotic Americans as you can, because our country is being looted and ransacked!


    The Plot  Thickens
      
    An intensive  investigation has revealed the identity of the man whose Social Security number (SSN) is being used  by President Obama:    Jean Paul  Ludwig, who was  born in France in 1890, immigrated to the United  States in 1924, and was assigned SSN 042-68-4425  (Obama's current SSN) on or about March  1977.
      

    Ludwig  lived most  of his adult life in Connecticut .  Because  of that, his SSN begins with the digits 042, which  are among only a select few reserved for   Connecticut residents.
      

    Obama never  lived or worked in that state!  Therefore,  there is no reason on earth for his SSN to start  with the digits 042.  None  whatsoever!
      
    Now comes  the best part!  Ludwig spent the  final months of his life in Hawaii, where he died.  
      

    Conveniently,  Obama's grandmother, Madelyn Payne Dunham, worked  part-time in the Probate Office in the Honolulu Hawaii Courthouse, and therefore had access to the  SSNs of deceased individuals. 
      

    The Social  Security Administration was never informed of  Ludwig's death, and because he never received Social Security benefits there were no benefits to stop and therefore, no  questions were ever raised.
      

    The  suspicion, of course, is that Dunham, knowing her  grandson was not a U.S. Citizen, either because he  was born in Kenya or became a  citizen of Indonesiaupon his adoption by  Lolo Soetoro simply scoured the probate records until she found someone who died who was not  receiving Social Security benefits, and selected  Mr.  Ludwigs Connecticut  SSN for Obama.
      

    Just wait  until Trump gets past the birth certificate and  onto the issue of Barry O's use of a stolen SSN.  You will see leftist heads exploding, because they  will have no way of defending Obama. Although  many Americans do not understand the meaning of  the term "natural born" there are few who do not  understand that if you are using someone else's  SSN it is a clear indication of  fraud.

     

    Let's all get this information out to everybody on our mailing lists. If the voters of this great nation can succeed in bringing this lying, deceitful, cheating, corrupt, impostor to justice it will be the biggest and best news in decades for our country and the world.

     


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  • The Secrets of the Federal Reserve

    Here are the simple facts of the great betrayal. Wilson and House knew that they were doing something momentous. One cannot fathom men's motives and this pair probably believed in what they were up to. What they did not believe in was representative government. They believed in government by an uncontrolled oligarchy whose acts would only become apparent after an interval so long that the electorate would be forever incapable of doing anything efficient to remedy depredations.

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