Quantitative Easing he greatest Bank Robbery by Wall Street of all time

Andrew Huszar that helped manage the Federal Reserve’s quantitative easing program during 2009 and 2010 is publicly apologizing for what he has done.  He says that quantitative easing has accomplished next to nothing for the average person on the street.  Instead, he says that it has been “the greatest backdoor Wall Street bailout of all time.”  And of course the cold, hard economic numbers support what Huszar is saying.  The percentage of working age Americans with a job has not improved at all during the quantitative easing era, and median household income has actually steadily declined during that time frame.  Meanwhile, U.S. stock prices have doubled overall, and the stock prices of the big Wall Street banks have tripled.  So who benefits from quantitative easing?

After the first round of quantitative easing ended, Huszar says that it was incredibly obvious that Quantitative Easing had done very little to benefit average Americans but that it had been “an absolute financial windfall for Wall Street”…

The Federal Reserve was created by the Wall Street bankers for the benefit of Wall Street bankers.  When the Federal Reserve serves the interests of Wall Street period, end of story. If by some miracle, one or two, middle class people benefit by getting jobs as janitors or parking lot attendants, then Wall street feels it's done its job to help middle America.  


Quantitative easing has been one giant Free ride for Wall Street banks…


Having racked up hundreds of billions of dollars in opaque Fed subsidies, U.S. banks have seen their collective stock price triple since March 2009. The largest Banking cartels: 0.2% of 1 percent now control more than 70% of the U.S. bank assets.

And that number is climbing as Americans are losing their jobs at a record rate. Food stamps are at levels not seen EVER!  Americans are losing their jobs their home, their insurance WHILE the corporate oligarchs are having troubles, such as finding an island to purchase, so that they can park their new mega-yachts. 

All of that on the backs of the middle class.  The future debt for every American is growing at an unsustainable rate.  It is currently $125,000.00 and climbing fast.   All, so that Wall Street can continue to rob American taxpayers and keep it all for themselves.


Billionaire hedge fund manager Stanley Druckenmiller was recently quoted as saying about quantitative easing…

“This is fantastic for every rich person,” he said Thursday, a day after the Fed’s stunning decision to delay tightening its monetary policy. “This is the biggest redistribution of wealth from the middle class and the poor to the rich ever.“
“Who owns assets—the rich, the billionaires. You think Warren Buffett hates this stuff? You think I hate this stuff? I had a very good day yesterday.”
Druckenmiller, whose net worth is estimated at more than $2 billion, can't contain his joy at this insane windfall from US taxpayers!

The American people are still being told that quantitative easing is “economic stimulus” which will make the lives of average Americans better.

That is a flat out lie told by the  thieves at the Federal Reserve.

The Bank of England has shown conclusively that quantitative easing actually increases the gap between the wealthy and the poor…

A Letter from an Average American

To Obama:

I wanted to take a moment to say thank you for all you have done and are doing. You see I am a single Mom located in the very small town of Palmer, Texas. I live in a small rental house with my two children. I drive an older car that I pray daily runs just a little longer. I work at a mediocre job bringing home a much lower paycheck than you or your wife could even imagine living on. I have a lot of concerns about the new “Obamacare” along with the taxes being forced on us Americans and debts you are adding to our country. I have a few questions for you Mr. President.

Have you ever struggled to pay your bills? I have.

Have you ever sat and watched your children eat and you eat what was left on their plates when they were done, because there wasn’t enough for you to eat to? I have.

Have you ever had to rob Peter to pay Paul, and it still not be enough? I have.

Have you ever been so sick that you needed to see a doctor and get medicine, but had no health insurance because it was too expensive? I have.

Have you ever had to tell your children no, when they asked for something they needed? I have.

Have you ever patched holes in pants, glued shoes, replaced zippers, because it was cheaper than buying new? I have.

Have you ever had to put an item or two back at the grocery store, because you didn’t have enough money? I have.

Have you ever cried yourself to sleep, because you had no clue how you were going to make ends meet? I have.

My questions could go on and on. I don’t believe you have a clue what Americans are actually going through and honestly, I don’t believe you care. Not everyone lives extravagantly. While your family takes expensive trips that cost more than most of us make in two-four years, there are so many of us that suffer. Yet, you are doing all you can to add to the suffering. I think you are a very selfish and cold hearted man, who does not care what is best for the people he was elected by (not by me) to represent, but more so out for the glory of your name attached to history. So thank you Mr. President, thank you for pushing those of us that are barely staying afloat completely under water and driving America into the ground. You have made your mark in history, as the absolute worst and most hated president of the United States. God have mercy on your soul!

Sincerely,

          Yolanda Vestal

Average American

       Re-Post from: https://www.facebook.com/yovestal?fref=ts

 

Medal of Honor Recipient, Captain Ed Freeman, United States Army

Here is a True Story of a Selfless Brave American Soldier...


"You're a 19 year old kid. You're critically wounded and dying in
The jungle somewhere in the Central Highlands of Viet Nam . It's November 11, 1967. LZ (landing zone) X-ray.
Your Unit is outnumbered 8-1 and the enemy fire is so intense, from 100 yards
Away, that your CO (commanding officer) has ordered the MedEvac helicopters to
Stop coming in.

You're lying there, listening to the enemy machine guns and you know you're not getting out.
Your family is half way around the world, 12,000 miles away, and you'll never see them again.
As the world starts to fade in and out, you know this is the day. Then - over the machine gun noise - you faintly hear that sound of a helicopter...But ... It doesn't seem real because no MedEvac markings are on it.

Captain Ed Freeman is coming in for you.
 
He's not MedEvac so it's not his job, but he heard the radio call and decided he's flying his [UH-1] helicopter down into the machine gun fire anyway.

Even after the MedEvacs were ordered Not to come. He's coming anyway.
And he drops it in and sits there in the machine gun fire, as they load 3 of you
At a time on board. Then he flies you up and out through the gunfire to the doctors and nurses
And safety.

 And, he kept coming back!! 13 more times!!

Until all the wounded were out. No one knew until the mission was over that the Captain had been hit 4 times in the legs And left arm.
He took 29 of you and your buddies out that day. Some would not have made it without the Captain...

 
Freedom is not Free, in fact it is the most expensive thing in the entire world.  Often Freedom my be watered with the the most rarefied substance on planet earth.   If Freedom is to flourish and thrive there must be those who are willing, in the face of great adversity, to push forward no matter the cost.  For cowards death comes a thousands times a day, but for brave men...what better way to die then by Fearful odds...

 

 

Bill is H.R. 992 — the Swaps Regulatory Improvement Act

The U.S. House just passed a bill called H.R. 992 — the Swaps Regulatory Improvement Act — that was literally written by WALL-Street  lobbyists. It repeals the laws passed in 2010 to prevent another meltdown like the one that crashed our economy in 2008. The repeal was cosponsored by a former Goldman Sachs executive and passed with bipartisan support from some of the House’s largest recipients of Wall Street cash.

In 2010, Congress passed the “Dodd-Frank” law to clamp down on risky “derivatives trading” that led to the financial collapse of 2008. Dodd-Frank was weakened by banking lobbyists from the start and has been under attack by those lobbyists ever since. Now a new law written by Citigroup lobbyists (we couldn’t make this stuff up if we tried) exempts derivatives trading from regulation, and was passed this week by the House of Representatives with broad bipartisan support.
It sounds bad… but don’t worry, it gets much, much worse:

• The New York Times reports that 70 of the 85 lines in the new House bill were literally written by Citigroup lobbyists (Citigroup was one of the mega-banks that brought our economy to its knees in 2008 and received billions in taxpayer money.)
• The same report also revealed “two crucial paragraphs…were copied nearly word for word.” You can even view the original documents and see how Citigroup’s lobbyists redrafted the House Bill, striking out ideas they didn’t like and replacing them with ones they did.
• The bills are sponsored by Randy Hultgren (R – IL), and co-sponsored by Rep. Jim Himes (D-CT) and others. Himes is a former Goldman Sachs executive, and chief fundraiser for the Democratic Congressional Campaign Committee.
• Maplight reports that the financial industry is the top source of campaign funding for 6 of the bills’ 8 cosponsors.
• Maplight’s data shows that members of the House received $22,425,740 million from interest groups that support the bill — that’s 5.8 times more than it received from interest groups opposed.
• “House aides, when asked why Democrats would vote for this proposal even though the Obama administration opposes it, offered a political explanation. Republicans have enough votes to pass it themselves, so vulnerable House Democrats might as well join them, and collect industry money for their campaigns.” — New York Times

Yep, it’s actually that bad. For the full story, check out this revealing piece by Represent.Us Communications Director Mansur Gidfar. You can also find out if your Rep. voted for H.R.992 here.
We elect Representatives to the House to represent us, the people — but both parties now refuse to do the job we elected them to do.

 The American Anti-Corruption Act would stop this corruption, and Represent.Us is the movement behind the Act. Together, we can make blatant corruption illegal with simple reforms. It’s common sense that elected officials should be barred from collecting money from the industries they regulate.

re-post from https://represent.us/action/something-insane-just-happened-house-representatives/

Richard Blum the Husband of Dianne Feinstein set to take over 1 BILLION for US Taxpayers

The United States Postal Service is broke and to try and make ends meet they must sell off hundreds of post office properties to gain cash flow and reduce their deficit. In a side stinky layer 80% of the postal service’s multi-billion dollar deficit is caused by a law that congress passed in 2006 that requires it to pay retiree health benefits 75 years into the future.

This law does not apply to any other government agency. According to a Postal Service report to Congress more than 600 buildings nationwide are “earmarked for disposal”. This alone is making people across the country angry because some of these post offices are historic buildings that have been post offices for almost a hundred years. , Dianne Feinstein.

The company that was awarded the contract to sell all of the postal properties is CB Richard Ellis (CBRE) the world’s largest commercial real estate firm. 

 The chairman of (CBRE) is a man by the name of Richard Blum, doesn’t ring a bell? He just happens to be Dianne Feinstein’s husband.

Some, (CBRE) highlights with the US Postal Service Properties:

1) (CBRE)appears to have repeatedly violated its contractual duty to sell postal properties at or above fair market value resulting in the loss of tens of millions of dollars. For example in Seattle (CBRE)sold a post office building in 2011 for 8 million dollars, it was assessed for 16 million. Another layer.
2) In a series of apparently non-arms length transactions (CBRE)negotiated the sale of postal properties around the country to its own clients and business partners.

3) (CBRE)has been paid commissions up to 6% for representing both the seller and the buyer in many of the negotiations. This raising questions to whether (CBRE)was doing it’s best to obtain the highest price possible for the postal service or their clients.


When Dianne Feinstein was questioned about her husbands dealings and her involvement in them her rep said “Sen. Feinstein is not involved with and does not discuss any of her husband’s business decisions with him. Her husband’s holdings are his separate personal property.”

(CBRE) is also in charge of appraising the fair market value of these properties and listing at a reasonable sales price. Real estate appraisals are not customarily performed by the agent marketing the property. To avoid a conflict of interest, appraisals are normally performed by professionals not involved in the sale.

So if you’re paying attention then you can see how this is working out. (CBRE)is tasked with selling properties at market value or higher. But who determines what market value is? Why (CBRE) of course!

Obama and the EPA just shut down the last lead smelting plant

There are numerous alarming reasons why the US government and the military have been buying up all the ammo. Here’s one of them. Obama and the EPA just shut down the last lead smelting plant in the US. They raised the EPA regulations by 10 fold and it would have cost the plant $100 million to comply. You can own all the guns you want, but if you can’t get ammo, you are


Remember when Obama promised his minions that he was working on gun control behind the scenes? Welcome to it. Now, all domestic mined lead ore will have to be shipped overseas, refined and then shipped back to the US. Not only will ammo now be even harder to come by, the demand and the process of supply will cause the price to skyrocket even more. And ponder this… there is an excellent chance that Obama will rig the market to where all ammo has to be purchased from a government entity instituting de facto ammo registration. So much for the Second Amendment. There has not been a peep about this in the major news outlets and it is done. With the US no longer producing lead, all supplies will now have to come from China, Australia or Peru, with the overwhelming emphasis on China. More redistribution of wealth; more economic and liberty crippling of the US on tap
 
The EPA (evil protection agency) is doing the Administrations bidding on this end run around the constitution!

The U.S. Environmental Protection Agency said the company “made a business decision” to shut down the smelter instead of installing pollution control technologies needed to reduce sulfur dioxide and lead emissions as required by the Clean Air Act.
The Doe Run Co. announced last year that it had dropped plans to build a new lead processing facility in Herculaneum that would have used a new, cleaner lead production technology. The company cited the $100 million project as too financially risky.

The EPA is playing Mafioso I guess — we didn’t make them shut down, they made a business decision. In other words, they couldn’t pay the extortion, so the thugs shut them down. I’m pretty sure that Americans are getting ready to make their own business decision regarding the Marxists and I don’t think it will be pleasant. But Marxists will do or die and are doubling down on the destruction of energy in America, our way of life and the Constitution.
The smelting plant has known since 2010 this was coming. They couldn’t stop it and no one else rose up to stop it either. The business had been in production for 120 years

The GOV  obsession with ammo was related to security and supply. They knew this was coming too, so they bought up all they could get before the plug was pulled.

So, the White House's back door gun control is moving forward and while we are all distracted with shiny stuff, our Second Amendment rights are just about gone. Obama is one Marxist dictator who is savvy at political chess. He has flanked the Second Amendment. 

Re-post fromhttp://www.libertyfederation.com/have_we_had_an_endrun_around_the_2nd_amendment

The Venomous Valerie Jarrett

 

Valerie Jarrett, an old Chicago friend of both Barack and Michelle Obama, appears to exercise such extraordinary influence she is sometimes quietly referred to as “Rasputin” on Capitol Hill, a reference to the mystical monk who held sway over Russia’s Czar Nicholas as he increasingly lost touch with reality during World War I.

 Valerie Jarrett’s ties to Barack and Michelle Obama were first formed in 1991, when Ms. Jarrett recruited Michelle (who at the time was engaged to Barack) to Chicago’s City Hall. Jarrett quickly became a trusted confidante of both the obamas. This led her to ultimately play a key role in then-Senator from Kenya's 2008 presidential campaign.  Following the election, Jarrett was appointed as a senior adviser and assistant to the new administration.    obama openly admits consulting Jarrett on every important political decision he makes. obama openly states that he completely trusts Jarrett to speak for him.   It seems, even in instances where she is obviously out of her depth, such as stalling Israel while Iran finishes the bomb.

Valerie Jarrett's greatest asset to the administration is her far-left, anti-American ideology. She is a leftist to her core, with notable personal ties to the communist movement. Jarrett’s maternal grandfather, for instance, was a Chicagoan named Robert Taylor, who in the 1940s was involved with such communist fronts as the American Peace Mobilization and the Chicago Civil Liberties Committee. Also a member of these groups was Frank Marshall Davis, the communist journalist who in the 1970s would mentor, and some whisper is the actual father of obama.

How is it that Valerie Jarrett, a former mid-level cog in the Chicago political machine and a real-estate executive, can exert such influence on policy despite her lack of qualifications in national security, foreign policy, economics, legislation or any of the other myriad specialties the president needs in an adviser.”

The depth of Valerie Jarrett’s influence is obvious for any who care to look. Jarrett has been an unhealthy  enabler of Barack Obama’s vastly over inflated opinion of himself.  This has lead to a White House which is often seen domestically and internationally as weak, indecisive, dilatory, and above all, out of touch.

The true power is always behind the throne, even in this communist fantasy, where a far left leaning socialist stumbles into the white house by chance, demagogy, coupled with the finical influence of the hidden hand.  In this American horror story one should not look to the vacuous Maronite, but to the hands which hold the strings.   It is the aging hands of the venomous Valerie Jarrett which keeps the puppet lurching from failed promises to dead Americans in Benghazi.   

Academically, the next question becomes the most pressing.   That is, of course, if in any way one's interests align with THE GREATEST GENERATION'S ideology that "One Nation under God, indivisible, with liberty and justice for all..."  

 That question, which begs answering, is... 

"Who controls the strings of the puppeteer?"