15/06/2009 17:23
Obama to take on US Federal Reserve System
Obama is about to take on the private banking system known as the "US Federal Reserve" that since its dubious creation in 1913 has had complete control over the printing of all US money in what many detractors have long stated was in great violation of the American Constitution, MINA News said.
Almost unknown to the American people, the Federal Reserve Bank is comprised of 12 branches that are private corporations whose ownership is shrouded in the veil of secrecy and is the largest holder of United States debt said to be in excess of over $4 Trillion.
Fueling Obama’s growing anger over the Federal Reserve Bank, the reports continue, has been their arrogant refusal to reply to the many questions being asked of them by the United States Congress over what has happened to over $8 Trillion of US taxpayer money, and which caused US Lawmakers to take the unprecedented step of issuing a subpoena yesterday to force the Federal Reserve to turn over internal documents related to Bank of America's acquisition of Merrill Lynch.
The Federal Reserve Bank, in a desperate bid to hold on to its power over the Untied States, has hired one of Washington D.C.’s top lobbyists, Linda Robertson, who curiously, headed the Washington lobbying office of Enron Corporation which became one of the largest corporate bankruptcies in US history after they cheated investors out of a staggering $11 billion.