The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.


Saturday, April 7, 2012

Fed Denies Link to Watergate, Iraq’s Saddam Hussein

The Federal Reserve really does rule America and the entire world for that matter. Just how involved is the Fed in the funding of dictators, bailing out foreign banks and even Watergate?
The Federal Reserve System investigated itself and determined that concerns about undue political influence surrounding its alleged role in the Nixon Watergate scandal and a subsequent cover up, as well as allegations that the Fed facilitated a massive weapons loan to former Iraqi dictator Saddam Hussein, were unfounded. Analysts and critics of the central bank, however, were not entirely convinced. The establishment press promptly celebrated the findings — inaccurately characterizing the privately owned U.S. central banking system as a government “agency” — while largely omitting the well-documented evidence of widespread malfeasance by the government-backed monetary cartel. Several mainstream media outlets even used the investigation to attack the escalating suspicion and anger about the Fed, its multi-trillion dollar bailouts to entities around the world, its manipulation of markets, and its notorious secrecy. The establishment press promptly celebrated the findings — inaccurately characterizing the privately owned U.S. central banking system as a government “agency” — while largely omitting the well-documented evidence of widespread malfeasance by the government-backed monetary cartel.
Read the rest here
The New American