Fed Lies They want you to believe by keeping the whole truth away from your eyes.
But these lies are just the tip of the iceberg. And your money is the titanic.

What is a derivative I’ve just started reading Matthias Chang’s “The Shadow Money Lenders” and already in the introduction it’s plain that the scope of the the scam - the derivatives market, is monumental. Cheching out the Apendices, as of Sept 30, 2007, JP Morgan Chase & Co had about $92,000,000,000,000 that’s USD $92 trillion dollars worth of derivatives yet only $1 trillion worth of assets. And this pattern is repeated across the board. Citygroup is next, $39 trillion derivatives, $2.4 trillion assets. This pattern repeats itself for the 25 magacrop institutions presented, giving a total derivative holding of $179 trillion yey only $10 trillion assets. Almost 18 times the amount of bets and bets of bets (sometimes called hedges) the amount of extra phoney money deeply intertwined across the rotton international banking sector.

Sept 25, buying out paper bookkeeping entries with 700B$ is not as good a plan as spending that 700B$ on concrete rebuilding of our economy.
Far better to spend a trillion building a solid and true economy than to try to pour money down a sinking pit of quicksand derivatives, paper money bookkeeping entries spread around the world multiplying each true dollar a hundred times producing fake-air-bubble dollars that finally burst.
Gold buyers have been seeing this coming for a long time.
It's the socialization of America, in the classic definition.

Sept Ron Paul congressman from Texas has this to say

Sept 24, Many are saying the economy is in danger unless we bail out the financial institutions.
More accurately, the economy has crashed and it's time to build a new structure on solid gold instead of paper derivatives.

Sept 24, 2008 Phony Money

Today a congress lady pointed out the "phoney money" some wanted to save with a $700 Billion bail-out.

The question remains, will we pay the way the financial house of cards wants us to do,
or will we avoid that quicksand trap and just go through recovery the substantial way, spending that 700 Billion on hard asset producing endeavors...instead of paying for paper derivatives of paper derivatives of paper bookkeeping entries.

In the last 30 years, Congress has bailed out companies with tangible products on several occasions.

But this bailout is for a pyramid of expanding money, called by some "rehypothecated" funds. Basically meaning, after you put a dollar into my bank, I re-loan it out to 10 more banks, based on the theory that you won't be asking anytime soon for your whole dollar back. Then those ten banks, use the book-keeping entry they made of "phoney-money" in their banks to buy notes from other banks, ie put the money in 100 more banks (as a bookkeeping entry) on which interest is charged. And then make special "derivatives" to sell to financial speculators on what the interest rate will be when the loan is closed. All speculation on a pyramiding house of cards (paper entries of money multiplying from one "financial house" to another.

This, piled on top of the government authorized printing press of dollars and release of bonds, and extension of credit (by paper bookkeeping entries of "phoney money") has caved in on itself, and now America must pay.

That's the essence of what happened.
Reference: Creature from Jekyll Island
Reference: Ron Paul, he wrote endorsement on above book title
Reference: John Birch Society bookstores, many titles on this
Reference: www.ChristianParents.com/moneym0.html

Use this financial crisis as an opportunity to publish to Americans the whole truth of the Federal Reserve Banking System.