Tuesday, January 18, 2022

Think This Guy is Crazy?

There have always been rumors about the Federal Reserve (the Fed).  Since it directly or indirectly controls all US banks, it's an object of suspicion.  

But since it directly or indirectly controls all US banks, it's 'a given.'  Like it or not, it's there (unless your bank is offshore, which is another set of problems.)

So this guy chatting with Beck.....well......he talks about existing Fed regulations and their implications.

That could have been dismissed as somewhat paranoid chatter until the Heartland Financial banking organization tossed Lindell's business out the window because "Reputational Risk" (!!!!)

So happens that's a key phrase in the Fed's playbook.

Then take a look at the Looney-Tune characters Bai-Den wants on the Fed's board.  Or look at the outright Stalinist he wanted to run Treasury (a position VERY significant to the Fed.)

Hmmmm.

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