Monday, June 13, 2011

'Anonymous' Demands Resignation Of Fed Chairman Bernanke; Calls for Public Action

If Fed Chairman Bernanke doesn't resign by tomorrow, a video claiming to be from the group "Anonymous" calls for the occupation of public spaces until their demands are met. Under the name "Operation Empire State Rebellion," the video states that Anonymous is "engaged."

Their video is below. It should be noted that the video claims that the Fed has been using tax dollars in its various bailout and stimulus operations. This is incorrect, the Fed simply prints the money it needs (or a digitized version of printing). Also there is no need to call for a separate breakup of the large banks. If the Fed is ended, the banks will fall of their own weight without Fed support, if they can't quickly switch to providing consumers the services they want.

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