Dave tells us: Ben Bernanke is hated because he is a liar and cheat who has destroyed the America dollar with his corrupt policies.
The Laws of Economics should be followed not defeated as Bernanke and Greenspan have done.
The manipulation of interest rates and the global economy was for the benefit of the BANKERS! We, the People have suffered because of their manipulations.
The next phase of this “HERO Syndrome” will be a population reduction or some other such contrived manipulation. The Federal Reserve is a disaster and will collapse soon.
The Federal Reserve is the biggest buyer of U S Government debt.
Think about that dilemma for a few moments. T
he Federal Reserve prints money then buys the U S Government debt every month.
Hence, the false (fake) money has no basis in fact it is just created by an illegal agency.
Then these same Federal Reserve people in conjunction with the U S Government buy the U S Government debt.
Now, if regular people did that act they would go to jail for counterfeiting money.
The Federal Reserve is a criminal enterprise stealing from America!
P.S. Jim’s Law: “Don’t doubt Dave”
The IRS and the Federal Reserve were started in the same year.
The Constitution does not allow taxation of personal earnings as such.
Another words, the worker exchanges his work for compensation.
Federal income tax was designed to tax the earnings that resulted in investments from said earnings.
There are several groups that have been fighting income taxes for many years.
The IRS is simply out of control with their strong-arm tactics.
We were told we needed to bail out Wall Street in order to save Main Street.
Well the results are in…
Wall Street has never done better, and Main Street has never done worse.
From the Huffington Post:
Low-income workers and their families do not earn enough to live in even the least expensive metropolitan American communities, according to a new analysis of families’ living costs published Wednesday.
The analysis, released by the left-leaning Economic Policy Institute, is an annual update of the think tank’s Family Budget Calculator that reflects new 2014 data.
The Family Budget Calculator is a formula designed to determine the income “required for families to attain a secure yet modest standard of living” in 618 different communities across the country that the U.S. Census Bureau defines as metropolitan areas.
The formula uses data collected by the government and some nonprofit groups to measure costs of housing, food, child care, transportation, health care, “other necessities” like clothing, and taxes for families of 10 different compositions in these specific locales.
The updated Family Budget Calculator shows that even the most affordable metropolitan areas in the country are beyond the reach of millions of American families with incomes above the official federal poverty level.
The official federal poverty level for a family of two parents and two children in 2014 was $24,008, according to the EPI. But the least expensive metropolitan area in the country for this family type is Morristown, Tennessee, where a family needs an income of $49,114, according to the Economic Policy Institute’s budget calculator.
The Economic Policy Institute also estimates that minimum-wage workers, by who almost universally earn less than the federal poverty level, lack the income needed to make an adequate living in any of the communities surveyed, even if they are single and childless.
The think tank notes that this includes minimum-wage workers living in cities or states with a higher minimum wage than the federal minimum of $7.25 an hour, or $15,080 a year for a full-time worker.
Entire article below.
Even families with incomes closer to the middle of the earnings spectrum lack the means to maintain an adequate standard of living. The nation’s median household income was $51,939 in 2013 — the most recent year in which data were available — not much higher than the cost of living in the relatively inexpensive Morristown.
Where’s our hero when you need him?