history will take place when the Secretary of the Treasury, Hank Paulson (who’s roots are in Wall Street) and Federal Reserve Chairman Ben Bernanke sit on the SAME panel to testify before Congress. At that time they will provide enough data to secure the Blueprint’s immediate passage. Until Congress assures these financial tyrants of its passage, the stock market will continue to drop as a warning of their all encompassing power; then miraculously the stock market will have one if its largest rallies to commemorate victory. As an international reporter, this is a pattern I have observed time and time again since 1994.
The Blueprint states “Foreign economies are maturing into market-based economies, contributing to global economic growth and stability and providing deep and liquid sources of capital outside the United States. The increasing interconnectedness of the global capital markets poses new challenges: an event in one jurisdiction may ripple through to other jurisdictions. The convergence of financial services providers [the Banking Modernization Act] and financial products has increased over the past decade. Financial intermediaries and trading platforms are converging. Financial products may have insurance, banking, securities, and futures components” (emphasis added). The Blueprint constitutes the final take-over by the Federal Reserve of our nation’s economy.
Henry Paulson: The Blueprint for Fed Control
Henry Paulson: The Blueprint for Fed Control
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