factbat.com

As stated in an article on the MSNBC website President Barack Obama is now seeking to levy fees upon banks for the express intent of paying down the deficit. As well, if there is a shortfall in the budget then even those banks who have paid back all TARP monies in full may find themselves on the hook for contributions.

While this certainly sends the message that the American public is finding bank bailouts and financier decadence less and less palatable, the fact is that those who helped to create much of the financial meltdown and recessing economy are nothing short of disingenuously motivated money mavens, and felonious economic pick-pockets who enjoy fleecing the entire citizenry of this nation with the eternal assistance of government.

For Ben Bernanke to have been named “Person of the Year” is about as scurrilous as awarding Obama the Nobel Peace Prize, and stands defiantly in the face of all that was held sacred by the founding fathers of this great nation.

It can certainly be said that Obama does actually deserve a peace prize in consideration of the fact that everything he has done to date is in defiance of libertarian principals. Obama seeks to forbid all acts of dissention, free speech, non-violent protest, public action, verily white-hot diplomatic debate and dedication to the processes which demands all people adhere to proof-logic conflict resolution.

Obama has steadfastly made it clear that he intends to quell all conflict with acts of naked aggression and non congressionally sanctioned wars, rather than even attempting the many promises of negotiation and diplomacy which helped him win the election.

(edit) To be clear, peace is nothing more than the friend of war, and this necromancy holds no true tangible worth in the great scheme of things, and is thus a malleable ether which can be constantly manipulated and misinterpreted. The president of these United States must seek the defense and protection of freedom first or all are placed at risk of rotting in a peaceful prison.

Moreover, to have named Bernanke the person of the year certainly appeals to a great many plutocratic power brokers who agree with furthering the audaciously nefarious actions of the collusive mendacity known as the Federal Reserve which has been allowed to debase the economy and prosperity of this nation for over nine decades without so much as an audit.

Bernanke’s new accolade is merely the toxic icing on a stale cake this administration intends to continue force feeding to the American people. A people the banking industry has been robbing of their heritage for over a century. Marie Antoinette would be proud.

Levying fees on banks is merely a new fee on the American public, for no other reason than these costs will cause resentments which will again be passed to average consumers.

Furthermore, the Federal Reserve is allowed to buy $100.00 bills from the US Mint for no more than the cost of printing them, which is approximately 7 cents each. They are then able to use these notes at full value to loan to the government, buy assets such as gold - which in this exploding market costs them approximately $70.00 per ounce - and lend them to select banks who then lend them to other banks, who lend them to other banks and investment firms, etc. To an eventual excessively leveraged money supply that is not only carrying astounding levels of interest, but these notes are then nearly worthless as the now perilously diluted currency finally finds its way into the hands of the average employee or small business owner in this nation.

Bernanke is an inflationary genius to be certain, and his model of prosperity is only meant to appease those who find it necessary to surround themselves in the lap of luxury and defiant decadence paid for by slave labor and toxic debt.

Bernanke is most satisfied with loans which can never be repaid, and thus will always seek to push inflation as high as possible with schemes which intend to keep big business in this nation on the government payroll.

Regardless of the fact that Obama is touting this new financial scheme as some sort of penalty meant to inhibit misfeasance and criminality in the financial industry, it is merely one more plank in a manifesto which lauds adherence to the policies of big government and promotes more of the taxation without representation which finally caused the founding fathers of this nation to rebel against the Monarchical structures of tyranny.