America Reduced to Third World Status
Joan Veon - September 22, 2008
World history is spotted with stories of political conquests: Attila the Hun, Genghis Khan, the Pharaohs, Alexander the Great, and Roman Caesars, each who seized physical control of a country, its economy and assets. History holds no story of a take over based solely on a country’s assets, until now. The modern day Attila’s, Genghis Khan’s, Pharaoh’s, and Caesar’s are the men who own and control the Central Banks of the world. America’s Central Bank is the Federal Reserve, which controls our monetary system, is not part of our governmental system, and, although its name would imply, it has no reserves.
The 13th month of America’s credit crisis may hold its own in history as a country whose economic power and bulk of wealth overnight become the assets of the Federal Reserve. This may well be the finest coup d’état.
Tags: Economic Collapse