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Jim Cramer Calls For Investigation Into Fed
Published on 01-23-2008   Email To Friend    Print Version

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Source: www.roguegovernment.com

Jim Cramer the CNBC host of the show Mad Money has stated that there should be an investigation into the Federal Reserve. In a video interview posted on TheStreet.Com, Cramer criticized Federal Reserve Chairman Ben Bernanke for a series of interest rate cuts and even went as far to say that the Federal Reserve has been behind a great many of the economic booms and busts. The majority of the establishment press has been afraid to criticize the Federal Reserve and speak these intolerable truths. Cramer should be commended for having the courage to speak out against this criminal private central bank. There is no question that there should be an investigation into the Federal Reserve considering that it has operated in a very secretive fashion and have dramatically devalued the nation's currency ever since its inception in 1913.

Bluntly speaking, the Federal Reserve’s interest rate cuts are criminal in nature. They increase the money supply as a short term economic fix but sacrifice the value of the U.S. Dollar in the long run. Each time the Federal Reserve cuts interest rates it lowers the value of the U.S. Dollar which robs people’s bank accounts without them even knowing it. This is the inflation tax that Ron Paul has referred to on many occasions. Sure, cutting interest rates might make the stock market numbers look better, but by continuing to cut interest rates like Bernanke has done which devalues the monetary unit everything is valued in only means that the day of reckoning will be that much worse. Amazingly enough, the Federal Reserve is actually considering another interest rate cut of 50 basis points next week. The rationale behind this is very strange, as they should be hiking interest rates higher in order to save the value of the U.S. Dollar. It almost appears as if Bernanke has no intention of rescuing the U.S. Dollar and is content to delay what will be a certain economic crash of epic proportions. Regional economic integration has been one of the major goals of the elite financial establishment, so it looks all the more likely that they are content to destroy the U.S. Dollar and introduce a regional currency to replace it.

It appears as if Cramer understands what is happening with the economy and doesn’t care what the establishment thinks of him. He has passionately criticized the Federal Reserve on CNBC several times and praised Ron Paul for his views on the central bank. He has even stated that the financial markets are manipulated. Cramer understands what is happening and unlike his colleagues in the establishment media he at least has the guts to tell it like it is. It is encouraging that he has called for an investigation of the Federal Reserve because one is certainly needed. These bankers have bankrupted the United States and destroyed our economy. They need to be held accountable for their criminal actions.


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