REALITY REPORT 15: Bernanke, BATF, Border Patrol, Digital TV, and the Power of the Sheriff
In this edition of the Reality Report Gary Franchi presents another update from Ron Paul on the Audit of the the Federal Reserve system and a shocking admission from Ben Bernanke that he’s clueless about where the money is. Franchi also provides a story about the new global currency, and presents an update from the pastor that was tortured by the US Boarder Patrol. Gary will also present to you the Bureau of Alcohol, Tobacco, Firearms response to Tennessee and Montana’s recent legislation against federal intervention in their state firearms laws. He will also share what a recent IBM employee thinks will happen to the new swath of frequencies recently opened up by the abandonment of the analog TV signal, and present part one of a series on The Power of the Sheriff, presented by Sheriff Richard Mack.
THIS IS A MUST SEE AND SHARE REPORT!
Harold
ACGR's "News with Attitude" 
The article: Ben “Systemic Risk” Bernanke proves that Bernanke knowingly maintained a strict monetary policy long after he knew of the sub prime problem as he knew it would cause of the “Depression”.
It shows that he probably engineered it on purpose!
If you want to sleep tonight, Don’t Read It!
“In contradiction to the prevalent view of the time, that money and monetary policy played at most a purely passive role in the Depression, Friedman and Schwartz argued that “the [economic] contraction is in fact a tragic testimonial to the importance of monetary forces” (Friedman and Schwartz, 1963, p. 300).
…..
The slowdown in economic activity, together with high interest rates, was in all likelihood the most important source of the stock market crash that followed in October.
In other words, the market crash, rather than being the cause of the Depression, as popular legend has it, was in fact largely the result of an economic slowdown and the inappropriate monetary policies that preceded it.
Of course, the stock market crash only worsened the economic situation, hurting consumer and business confidence and contributing to a still deeper downturn in 1930.”
Governor Ben S. Bernanke
Money, Gold, and the Great Depression.
At the H. Parker Willis Lecture in Economic Policy, Washington and Lee University,
Lexington, Virginia.
March 2nd, 2004
You can read also: Preparing for the Crash, The Age of Turbulence Update: 22/07/09., which tries to accomplish Greenspan Mission Impossible:
“Much as we might wish otherwise, policy-makers cannot reliably anticipate financial or economic shocks or the consequences of economic imbalances. Financial crises are characterised by discontinuous breaks in market pricing the timing of which by definition must be unanticipated – if people see them coming, then the markets arbitrage them away.
…..
That is mission impossible. Indeed, the international financial community has made numerous efforts in recent years to establish such oversight, but none prevented or ameliorated the crisis that began last summer. Much as we might wish otherwise, policy makers cannot reliably anticipate financial or economic shocks or the consequences of economic imbalances. Financial crises are characterised by discontinuous breaks in market pricing the timing of which by definition must be unanticipated – if people see them coming, then the markets arbitrage them away.”
Alan Greenspan
The Age of Turbulence: Adventures in a New World [Economic Order?].
Plea for a New World Economic Order. explains the nature and causes of economic depressions and proposes a plausible alternative solution.