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Monday, August 29, 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.


lmclain said...

Stupid stupid man. He's going to die in a plane crash, or a mysterious single car accident. Maybe a heart attack that can't be traced to any specific cause. The people who run the Reserve (and the people who run THEM) don't take too much 'stuff', or suffer very long the fools who run their mouth. Nice knowing ya, bud.

Anonymous said...

Ron Paul AND Bachman, or whatever her name is, voted AGAINST ROE (rules of engagement) that would allow our soldiers to defend themselves in afghan.

That makes them both a POS in my humble opinion.