Quote from the International Forecaster
“It has been almost three years since the Federal Reserve took its interest rates to 1% and most recently to zero. This allows member banks to borrow money at no cost. The Fed lends to large banks with little or no control, so that these banks, some of which are owners of the Fed, can really do as they please. The Fed even lends at zero and re-borrows from these banks at a higher level, guaranteeing the banks a riskless profit. Those profits would have gone to the US Treasury and the American taxpayer. These profits for the most part are the result of the creation of money and credit by the Fed. The banks are so overjoyed regarding the results that the Fed has told them that it will keep the current policy for at least the next two years. The banks as a result are making big speculative profits to offset their gigantic losses, while at the same time the economy falls deeper into inflationary depression. This is the tyranny of our almost 100 year old privately owned banking system.”
Why are the elected representatives of the people allowing this to continue?
And don’t think the situation in Europe concerning the practices of the European Central Bank is any better.
Jan Freeman's Wanderings - Let Nature be your guide 
Someone has done really wrong the whole math with the banking system if you ask me, or yet. not wrong at all, just convenient for the chosen, badly set up for the normal people who usually pay all the mistakes or better, the luxury life of the one ruling the world …
It seems obvious that a debt crisis cannot be solved by only increasing the debt 🙂
Welll a just about three weeks (Sept 17) after you posted this, Jan, we have Occupy Wall Street and ongoing still. The middle classis getting squished and the poor are getting trampled, and the rich are getting richer. Time to hit the reset botton.
Good post.
I’m sure there’s some intelligence somewhere saying, ‘It’s all in their minds.’