Uploaded by TheAlexJonesChannel on Jun 18, 2009
Paul Joseph Watson & Steve Watson
Prison Planet.com
Thursday, June 18, 2009
http://www.prisonplanet.com/obama-regulatory-reform-plan-officially-establish...
President Obamas plan to give the privately-owned and unaccountable Federal Reserve complete regulatory oversight across the entire U.S. economy, which is likely to be enacted before the end of the year, will officially herald the beginning of a new form of government in the United States - an ultra-powerful banking dictatorship controlled by a small gaggle of shadowy and corrupt elitists.
The new rules would see the Fed given the authority to regulate any company whose activity it believes could threaten the economy and the markets.
This goes a step further than the centrally planned economies of the Soviet Union or Communist China, in that the Federal Reserve is not even accountable to the U.S. government, it is a private entity that according to former Fed chairman Alan Greenspan, is accountable to nobody but the banking families that own it.
Obamas regulatory reform plan is nothing less than a green light for the complete and total takeover of the United States by a private banking cartel that will usurp the power of existing regulatory bodies, who are now being blamed for the financial crisis in order that their status can be abolished and their roles handed over to the all-powerful Fed.
According to an Associated Press report today, Democratic leaders have committed to enacting the plan before the end of the year and Republicans in both the House and Senate have indicated that they wont stand in the way of the overhaul.
The final plan.is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources, reports the Washington Times.
In other words, the Fed, which is already totally unaccountable to Congress, is to be placed in complete control of the entirety of the U.S. financial system, to do as it wishes without repercussion.
As the LA Times reports, the government, in conjunction with the private Federal Reserve, would effectively have the clout to simply seize and take over any company it desires.
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MASSIVE PROTESTS IN SPAIN AGAINST THE SYSTEM, millions of people are gathering at different spots in Spain asking for a change in politics, economy, and everything, with no political parties behind them.
This must be known, search for REAL DEMOCRACY NOW
fiscornioman 8 months ago
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hahahh "Stop being mental midgets and Cowards" I love AJ hahahah he keeps me smiling and informed.
IKLIPTIC 2 years ago
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"One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors." - Plato. Please google Freedom Force International. "Those without power cannot defend freedom" Freedom Force International. At least it's something, much better than nothing. Freedom Force International!!!!!!!
quietwarvictim 2 years ago
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"a new form of government in the united states?" we're fucked
godblesscalamity 2 years ago
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no. he just sponged the graffitti off of his site. he can do that if he wants too. no offense.
call it what you will, but you stepped into his yard. his page.
Stomplar 2 years ago
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Marching on the white house isn't going to solve anything. Its the banks that need to go. We throw our torches to the banks, shit will start to turn around.
Stomplar 2 years ago
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does anyone else notice how when there is multiple videos the numbers of people who watched have droped for video 2 and 3? people have attention spans of like 3 minutes its pathetic!!
shtfuk666 2 years ago
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It's clear what is going on and that things are constantly getting worse.
What can the average Joe do to help???? Tea parties aren't going to fix it. We need someone that can lead action against corruption!!! Please address this issue.
thomastholin 2 years ago
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Should I be concerned that the channel owner deleted my comment that I left earlier and which wasn't in Alex's favor?
Kinkoyaburi 2 years ago
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Stand up like you got balls, it is not over, just fucking stand up
y8r6jrrtfg 2 years ago 5
I remember when I used to think Alex Jones was 100% crazy. That was oddly before I finished college.
JCJ77 2 years ago 3