U.S. Treasury Secretary Timothy Geithner, who just came over to the Treasury Department from the New York Federal Reserve, will soon propose a massive overhaul of the regulatory system that will give the Federal Reserve sweeping new powers over the financial system of the United States.
This piece of news would draw yawns from most Americans, but that is only because they don't understand what is really going on in America.
What we have is the ex-head of the New York Federal Reserve coming in to the Treasury Department and immediately trying to transfer massive power to his real bosses at the Federal Reserve.
You see, the Federal Reserve is about as "federal" as Federal Express.
The Federal Reserve is a privately owned central bank that is owned and run for profit by elite international bankers primarily based in Europe.
These international bankers dominate the political scene through shadowy roundtable groups such as the Bilderberg group, the Trilateral Commission and the Council on Foreign Relations (CFR).
The truth is that every presidential administration since FDR's has been completely dominated by members of the CFR. Just look it up.
In his recent article for WorldNetDaily, Henry Lamb wrote the following about the influence of the CFR in American politics:
During Bill Clinton's administration, Washington Post writer Richard Harwood reported that the Council on Foreign Relations is "… the closest thing we have to a ruling Establishment in the United States," and went on to identify dozens of CFR members in the White House.
George W. Bush's administration was also loaded with members of the CFR: Dick Cheney, Donald Rumsfeld, Condoleeza Rice, etc. etc.
So what about Barack Obama?
Has he brought change?
No, in fact his administration is packed so full of members of the Bilderberg group, the CFR and the Trilateral Commission that it might be the most Federal Reserve dominated administration ever - and that is saying a lot. In fact, Politico has just come out with a major 3 page feature story on this.
Have you ever wondered why things seem to stay the same no matter who gets elected?
Now you know.
The problem is that both the Democrats and the Republicans work for the Federal Reserve.