Exchange Stabilization Fund

[osbogosley]

http://www.youtube.com/watch?v=2ssrc...layer_embedded #1
http://www.youtube.com/watch?v=ImuVU...layer_embedded #2
http://www.youtube.com/watch?v=8Qsll...layer_embedded #3

This is a fund started in 1934 that has no oversite or accounting. When you have
funds to pay writers to write bogus books, lots of damage can be done. Just the
tip of the iceberg.

[David Merrill]

Thank you for starting this thread. Such detailed and validated videos are rare. This is expertly done.

I believe it will put some significant dots together for many others beside myself!

[osbogosley]

http://search.newyorkfed.org/fomc-do...OMC+Search.y=0

Search engine for NY fed on ESF.

[osbogosley]

http://www.youtube.com/watch?v=PquuBg-gMvg

classic ron paul.

[osbogosley]

Here is a comment I read on another forum that I think has merit: The system is so clouded I doubt anyone who is not part of the decision making process can really tell who is in "control". But the simple fact remains that currency comes into being through the sale of debt, US Treasury debt.

The primary bond dealers, who by the way are the biggest banks in the federal reserve system, are the authorized buyers of the debt when it goes up for bid. So they are at the source of the inflation generation machine, meaning they benefit immediately from the newly created currency and have the benefit of using that currency in it's "virgin" purchasing power. As it filters out through the rest of the economy it is slowly devalued until it finally reaches the end user, the consumer, the tax payer.

Who is in the inner circle? The primary bond dealers, I don't care if someone says it's the Fed or it's the Treasury or it's the ESF, who profits? The primary bond dealers profit from the prolific debt mongering of congress and the banks.

[David Merrill]

Debt mongering may soon fall due to a "domino effect".

It looks like that first domino may be a French Bank that owns a lot of Greece's debt.

[stoneFree]

Eric deCarbonnel has finished Part 4 of this series which can be found here:
http://www.marketskeptics.com/2011/0...s-history.html

His whole blog is good stuff, had come across it awhile ago but forgot about it until recently.

[David Merrill]

Thanks Stonefree;


Here is an audio snippet about repaying debt.

[stoneFree]

Eric mentions John Perkin's book Confessions of an Economic Hitman which he describes as

highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign ‘aid' organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

This is a very good book. Further confirmation is relayed by this Swiss banking insider:
http://noviden.info/article_239.html

[Brian]

Eric mentions John Perkin's book Confessions of an Economic Hitman which he describes as

This is a very good book. Further confirmation is relayed by this Swiss banking insider:
http://noviden.info/article_239.html

EXCELLENT link about the ex-swiss banker stone!