Sunday, August 28, 2011

Stiglitz's Attempt to Co-Opt Ron Paul's Anti-Fed Message

How strong an impact is Ron Paul's anti-Fed message having? Complete globalist, and bankster apologist, Joseph Stiglitz is going anti-Fed.

Stiglitz, a former chief economist at the World Bank, during a speech last week said that the very structure of the Federal Reserve system is so fraught with conflicts that it's "corrupt," according to HuffPo.

Stiglitz said that if a country had applied for World Bank aid during his tenure, with a financial regulatory system similar to the Federal Reserve's -- in which regional Feds are partly governed by the very banks they're supposed to police -- it would have raised alarms.

"If we had seen a governance structure that corresponds to our Federal Reserve system, we would have been yelling and screaming and saying that country does not deserve any assistance, this is a corrupt governing structure," Stiglitz said during a conference on financial reform in New York held by the Roosevelt Institute. "It's time for us to reflect on our own structure today, and to say there are parts that can be improved."

To get a sense for the globalists and interventionists that attended this conference , keep in mind that other speakers, included Elizabeth Warren and George Soros.

Also keep in mind that recently Stiglitz blamed the recent financial crisis and economic downturn on free markets:
Just a few years ago, a powerful ideology – the belief in free and unfettered markets – brought the world to the brink of ruin.
What's going on with the Stiglitz attack on the Fed structure?

It's a bankster attempt to frame the anti-Fed  position and direct it away from ending the Fed to one of "We only need to restructure the Fed." Banksters certainly hope they never have to go down this route, but they obviously are fearful that Ron Paul's anti-Fed stance is gaining large groups of adherents.

The Stiglitz speech is about attempting to direct any future "reform" in a direction that will keep the banksters firmly in control. Notice that his attack on the Fed structure is largely on the regional Fed banks. To the degree Bernanke gets any flak for his money printing ways, it comes from the regional presidents.

There's nothing New York-banksters and DC power regulators would like to see more than the irritant of the regional presidents eliminated in Federal Reserve restructuring.

In other words, Stiglitz may be in favor of some Fed bank restructuring, but only in a way that will make the core power players stronger in influencing the bank.

Stiglitz's style of Fed restructuring should be as welcome as restructuring designed by the main puppeteer himself, George Soros.


  1. Isn't this known as "bait and switch" in automobile sales? That Stiglitz is a sly one, now isn't he?

  2. Soros, Stigliz, Lagarde, Roubini, Krugman... the SDR/Bancor intellectual bodyguard..

  3. Stiglitz wants to be the one who holds the whip in the bankster's global slavecamp. he is a terrorist.

  4. The Fed is dead...Long live the Fed.

  5. Oh, dear God with the conspiracy nonsense. Joe Stiglitz is a socialist/social democrat/whatever. What he wants is for the Fed to be under political control, managed directly by congress or the president. It's not exactly a secret that that's what the left wants.

    Sadly, that's what will probably come out of all of Ron Paul's efforts. I suppose for them, that's a better outcome, but I don't see how having your neighbor steal your property is better than some technocrat. What matters is how much is being stolen and why, and my guess is that likely more will be stolen by the mob.

    Plus, once the Fed is brought under mob rule, the chance of us ever having a proper system of private, competing currencies drops from slim to none.

    But God forbid Ron Paul or any of you ever think strategically or pragmatically. No, no, you're too idealistic for that. Don't want to be another Milton Friedman. Ending the Fed is the right thing to do, and so should be shouted from the streets, regardless of whether the actual outcome of doing so is a system worse then status quo. Forget the ends, only the intentions matter, right?

  6. This link is from March 2010, according HuffPo. Doesn't make it less interesting, though. Totally agree with your analysis, the New World Order boys are indeed crafty...

  7. So what else is new.
    Tell us something we don't already know.

  8. At Anon 1:16

    You are correct that if the political terrorists in DC get direct control of the Fed then we will all starve in a hyper-inflation tyranny almost overnight. The Democracy Mob control of the issue of money will destroy us all. Mob rule over the Fed will destroy productive life and a new/real civilized society with free market money can arise.

  9. They all want Dr. Paul's lucky charms!

    Ron Paul is the Original Fed Critic. I will accept no substitutes.

  10. Anon116PM-

    Ron Paul has said that he will repeal legal tender as a prelude to ending the FED. In that case, silver, gold, oil, scrips for a 1.32% ownership in a cow- anything that people will accept becomes money. In that case, the FED doesn't need to be abolished- it will wither away.

    The dollar will then be backed by assets of the federal gov't. Fort Knox (once it is audited) and federal lands/buildings will be the backer of the dollar.

    Dale Fitz

  11. Looks like good news to me. The more Ron Paul's message gets through the more attempts at obfuscation/redirection we should see.

  12. "What matters is how much is being stolen and why, and my guess is that likely more will be stolen by the mob." That may be so, in which case it will self-destruct even quicker. If there's anything worse than being stolen from it's being stolen from by a smart and efficient thief that will keep on and on stealing... By letting government do it the plebs will quickly spot the flaws in the idea of printing money...

  13. If an ordinary person steals from you, we report them to the police. But if the government steals from you to whom do we report the intrusion?