Do We Need a Federal Reserve for Energy? - John Hofmeister

[idontbelieveinDeath]

Now they want a monopoly on energy production and use? AMERICANS WE ARE RUNNING OUT OF TIME

[idontbelieveinDeath]

1:31 The Federal Reserve CAUSED THE GREAT DEPRESSION! Ben Bernanke even said so!

[mtklaric]

this guy proposes just more of the same....he is sincere but saying that we need a new managing beaurocracy with a board of directors; federal and regional...is just asking for trouble....the board of directors would immediately be bought by the corporations....why not let the market decide??..

[jonz23m]

umm did he seriously say that the fed does a good job?? damn how many nutcases r allowed to give speeches these days?

[tjbayliss]

what a retard!

the federal reserve caused the current global crisis.

they print fake money, and force the entire world to buy oil in that fake currency

then they print more and more all the time, causing inflation

and cause everyone has to buy oil in that fake currency

we have global hyperinflation!

WELL DONE AMERICAN FEDERAL RESERVE DUMB FUCKS.

[Tygryss84]

comunism welcome back ...

now I see that Marx was righ - give people democracy and they will turn int in to comunism :) (or sth like that - don't remember exactly)

[beancube2008]

There is some interesting interpretations:

/wiki/Marx%27s_theory_of_human­_nature

in wiki pedia

[nadadreamer]

Dumb ass- 1) just 2 periods of excess, I mean financial bubbles. LOL

2) skip fed bureaucracies create tax Long term tax incentive for private industry to solve problem

3)Oh well, at least I grew up free- Thanks WW II genrattion

[adamproskiw]

When the rioting starts I'm going to look for this asshole.

[Redfingers]

Ha ha ha ha.

Right with you, brother.

[wizkid2000]

delusional!!!!

[arcanekrusader]

Hahaha, cute observation there!

[arcanekrusader]

Disgusting! The FED created the excess!!!!!

[m0nkeybl1tz]

But politicians haven't accomplished anything in the past 30 years. Say what you want about cabals, but they get stuff done.

[alternativeinfo]

This guy probably has a huge poster of Mussolini on his bedroom wall. Moving power AWAY from elected offices is just one more step towards fascism.

[roberteckerson]

The title alone is enough to make me hang myself. Financial stability my ass.  The Fed caused the Depression and they caused the current crises. Yeah I'm scared and angry. That's a bad combination.

[sugarpuddin88]

We are at the non-sustainability point of Democracy!

The Pattern that put the banking Mafia in Charge: Community Reinf Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act; Sarbanes-Oxley Act of July 2002; lifting of leveraging rules; TARP; elimination of the Uptict Rules; FED now rules commodity market = electronic counterfeiting of commodities (ending of 5th Amnd constitution of title):

Counterfeiting of securities is the new drug!

[carbednotch]

GET THE GOVERNMENT OFF-OUR-BACKS!

[wizkid2000]

amen

[PostToastie]

APPOINTED??

Why not ELECTED???

[formulaprimer]

Any nationalism that is against the function of pure free markets is corruptible like our current system. His analysis of Federal Reserve is accurate. The Federal Reserve is not part of the government it is private. 99.9% of Americans not even know that and we are surprised our economy is collapsing.

[lumpfish99]

this guy wants to create another crooked cabal in the us answerable to no one?! pure insanity....

[darakong]

How much farther do they want to enslave us?

[Aaberg123]

"John Hofmeister, former CEO of Shell Oil Co. and founder of Citizens for Affordable Energy"

How much conflict of interest can ONE man contain?

[whoo689]

Federal Reserve for Energy?? Nooo, thank you! One federal reserve is enough, and that one isn't even justified anymore. The massive inflation of the money supply by them has risen prices WAY beyond the natural flow. Look at the CPI chart from 1800-2008 on the MN Fed website, and you'll know what I'm talking about.

[proteanview]

I have only one thing to say to this man.....

NIGGA PLEEZ!

[mrsfreedom207]

No, we do not need a Federal Reserve for Energy.

[vicket76]

the federal reserve is an unconstitutional, private organization that does not have to answer to congress or anyone else. it is a multi-national, for-profit organization that siphons money off the american citizens and distributes it however they want. we are funding terror all over the world by giving our money to the irs and the federal reserve with no oversight and no accountability of how our money is spent. so, no this gentleman is full of it. the fed should be abolished.

[ferrozm]

The US govt has no constitutional authority to "deal" with energy.

[CRAPCANNONS]

Neither does the Fed with money.

[stuffisgd]

Thats some powerfull stupid.

[CRAPCANNONS]

Why is this guy pushing for unelected and unelectable supranational private entities to be in charge of the US? 

How will a private entity be more reliable than an elected official that can at least be voted out of office?

Is anyone else thoroughly creeped out by this?

[Matchu80]

Haha yeah, just a bit creepy (he is a former CEO of Shell though)

and I love how he uses the "stability" that the Fed has brought as an example of why we need this...

[medliberty]

I certainly take issue with all 95 years. The Fed was and is unconstitutional and a really poor example of anything efficient or effective. The last thing we need now is another disaster such as new Fed for energy. We should abolish the Fed and junk this stupid idea as well.