Republican Revival will Push Fed to increase Quantitative Easing

SIC SEMPER TYRANNIS!!!
Mark Matheny

October 4,2010

Having seen a shift in the balance of power, with the Republican Party now dominating the House with 60 members, and several States accross the Country, it is even more likely that the Obama/Bernanke Printing Press will continue to push out more fiat currency - courtesy of the Federal Reserve.

Most people watching the elections seem to be of the opinion that there will be some recuperation of the economy now that there is once again a moderately strong grip in Washington by the Republican party, however, the markets seemed to have anticipated the shift that was to come as far back as a couple weeks ago, and the dollar continues to suffer.

What seems to be overlooked however, is the fact that the Fed will more than likely seize upon a "gridlock" in congress as an opportunity to take control over the economy. "Helicopter" Bernanke now feels it will be up to him and the Fed to take the helm of the economic ship, so to speak, due to the fact that a more conservative stance will now control the insanity of Washington's last few years of out of control spending.

The irony of the republican re-emergence and message of fiscal responsibility is that, instead of bringing an end to the insanity, the Federal Reserve will be even more intent on printing more money since the President and his democrat allies will no longer be able  use Congress as an ATM for more bailouts and stimuluses for their Wall Street Cronies.

The Fed Policy Committee recently voted to print (out of thin air) another $600 Billion dollars to purchase U.S. Treasuries (the old shell game), in order to once again "stimulate " the economy. Bernanke's explanation for this move, recently printed in the Washington Post stated:

 "The Federal Reserve has a particular obligation to help promote increased employment and sustain price stability,.........Steps taken this week should help us fulfill that obligation."

Of course, this printing of fiat currency from thin air will only succeed in devaluating the dollar further, and excelerate the inevitable price hikes in food, products and services which are already digging into consumers pockets as I write.

None of us should forget the fact that since the beginning of the crisis in late 2007 and up to now, Washington has printed and dumped trillions of so-called "Stimulus" and "Bailout" dollars into the economy, and the results have been thousands of businesses closing down, hundreds of thousands of house forclosures, about 44 million Americans now on foodstamps, an unemployment rate hovering at around 9.6% (15 million), and a total deficit of around 200 trillion dollars!

It seems more likely that Bernanke, (a puppet of the Global Regime of Elitists hell-bent on bringing in a world currency), is following orders from above to bring America to it's knees in order to force a total financial transformation of our monetary system. Similar moves are currently taking place in several other industrialized nations as well, i.e, Portugal, Italy, Ireland, Spain, Greece and others.

Maurice Strong- Former  UN Secretary General  -once stated that the United Nations and its NGO affiliates would have to bring about an economic "collapse" to any industrialized nations that would be unwilling to sign agreements to reduce carbon emissions:

“What if a small group of these world leaders were to conclude that the principle risk to the earth comes from the actions of the rich countries? And if the world is to survive, those rich countries would have to sign an agreement reducing their impact on the environment? Will they do it? Will the rich countries agree to reduce their impact on the environment? Will they agree to save the earth?

“The group’s conclusions is ‘no.’ The rich countries won’t do it. They won’t change. So, in order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilization collapse? Isn’t it our responsibility to bring that about?”

It is apparent that this move by the Fed will also help in Strong's vision of collapsing our nation as well.

It is imperative that Americans now push the new Republicans in office to audit the fraudulant Federal Reserve, and abolish it altogether. I believe we can use this request as a true litmus test to define the Republican "Patriots" from the "Pretenders". Those only pretending to be restorers of the Republic can then be rooted out, until the Fed is shut down.