2009-9-3 Crimes of the Fed cannot be buried LaRouche SPECIAL WEBCAST SEPT 8 10AM PAC 1PM EST

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LaRouche: Crimes of the Fed Cannot Be Buried
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September 3, 2009 (LPAC)—Lyndon LaRouche today forcefully warned that any effort to cover up the crimes committed by the Federal Reserve Bank, during the Bush and Obama administrations, will be "tantamount to treason."

LaRouche was responding to reports from reliable sources close to the Obama White House, that the top leadership of the Democratic Party is "desperate" to block any disclosures of the Fed's role in the preferential bailout of certain key American banks, during the period since the August 2007 blowout of the financial system. As reported in the Washington Post on Aug. 28, 2009, as the result of the actions of the Fed and the U.S. Treasury Department, under the Bush and Obama presidencies, four big U.S. banks—JP Morgan Chase, Citibank, Bank of America and Wells Fargo—along with Goldman Sachs, have consolidated almost total control over the entire U.S. banking system, managing one-third of all deposits, one-half of all mortgages, and two-thirds of all credit card debt.

In Senate testimony in July, the Special Inspector General of the Troubled Asset Relief Program (TARP), Neil Barofsky, had warned that the total cost of the bailout, to date, was a staggering $23.7 trillion—counting funds already spent and funds already allocated. Yet, a record number of regional banks have been allowed to go bankrupt, and the most recent report by the Federal Depositors Insurance Corporation (FDIC) cited more than 400 additional banks on the verge of collapse.

In particular, the top Wall Street-allied Democrats are reportedly frantic to sabotage Congressional passage of H.R. 1207, the Federal Reserve Transparency Act of 2009, which would mandate a Government Accountability Office (GAO) audit of the Fed's lending practices, its relations with foreign central banks and other foreign financial institutions. H.R. 1207, introduced by Rep. Ron Paul (R-Tex.), has been co-sponsored by more than 300 members of the House of Representatives, thus assuring its passage, and mandating that it be brought to a floor vote. A parallel Senate bill, the Federal Reserve Sunshine Act of 2009, has been introduced by Sen. Bernie Sanders (I-Vt.) and has 23 co-sponsors so far.

There is also panic at the White House, the Fed and on Wall Street, over the Aug. 24, 2009 ruling by Chief Judge Loretta Preska, of the Federal District Court for the Southern District of New York, ordering the Federal Reserve to disclose documentation of its expanded lending and other interventions in 2007 and 2008, particularly around the sale of Bear Stearns to JP Morgan Chase. The order came in a Freedom of Information Act lawsuit, brought by Bloomberg LP against the Board of Governors of the Federal Reserve System, after two Bloomberg News reporters were denied access to Fed documents on the government-subsidized takeover.

LaRouche minced no words in warning about the consequences of a successful cover-up, including the sabotage of the Fed audit bills now before Congress. "The issue is: The system will be blown out if this information is concealed. You cannot bury this under a rug. The American people have both the right, and the urgent need to know what has been done with their tax dollars. Only by unburying the evidence can you save the U.S.A." LaRouche continued, "You cannot conceal the truth. Whatever the price, the full disclosure must be brought to the public. The American people must know the full extent of the folly of the Bush and Obama presidencies. If they kill the Paul and Sanders bills behind closed doors, such suppression of the information will be tantamount to treason."

Category:

News & Politics

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• LPAC
• LaRouche
• Crimes
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• Fed
• cannot
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• buried

[BankofSpirit]

Remember, no one truly owns the FED, it owns the souls of the spiritless who, thru their corrupt nature, will suffer for their ongoing crimes against all that is w/ life, all of them are eternally dead. Those who the system owns will do anything & everything to hide the evidence that condemns them but the evidence is everywhere and this is why they try to make magic, make Pigs Fly. You see, Pigs are swine, to fly is to have flu. Elites/string pullers, peons & puppets are contaminated, dis-eased.

[ThankYouWhiteKnights]

great words again my friend

[gwellyn2]

I can't wait. :-)

[ThankYouWhiteKnights]

me to it should be starting any second now

its 3am here but i went to bed 5am yesterday

AJ's on about 911 w sheen

[boltville]

LaRouche speaks today at 1 P.M. and I bet that is one interesting speech! This came right off the LaRouche site. Now I wanna see what A.J. has to say too....so much going on today. We have quite the nice lil news coverage group in here and we do not lack in being informed instantly. It's better than mainstream news anyday......lol Keep up th eGreat Work!! 10 Stars for you.......hehehe

[ThankYouWhiteKnights]

24 mins in to AJ now 911 with Charlie Sheen 20 minutes with Obama

another hr for LaRouche so if he comes out with Financial System change or assistance

then it seems like obama is being triple teamed

1-911

2-larouche??

3-china's 10 Trillion forced world court 265 arrests by xmas

next could be china releases cold fusion per James Martinez

[jimbobubbadj]

TPTB are terrified of bank runs. One should be organized at one branch of one of the TARP banks for starters.

[Paconoshadowfist]

indeed

[ThankYouWhiteKnights]

and what a coincidence i think they AJ and LaRouche both speak at the same time BIG ANNOUNCEMENTS AFTER BEN SAID MAYBE SOMETIME THIS WEEK AT EARLIEST

YES

ONLY 5 STARS

THIS IS WORTH MORE THAN THAT HA HA

THIS IS OF THE PLANET

I MIGHT BE IN ORBIT AGAIN WITH ALL THIS GREAT NEWS

[ThankYouWhiteKnights]

yes i heard from a good friend here 10 odd hrs ago and put that in the Alex Jones Breaking news side bar with links i thought that was how you found this article for me

was it not?? he he

otherwise you like me fortunately found this and yes i think its time many including Ben Fulford said in the video you mirrord its looking FANTASTIC timing for it finally been anticipating since started my youtube august 2008