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Congressman Ron Paul questions Federal Reserve Chairman Ben Bernanke in a U.S. House Financial Services Committee Meeting shortly after reports surfaced that the Federal Reserve was preparing for a third round of quantitative easing.

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. But, an increase of 2% a year over a period of 20 years will lead to a 50% increase in the price level. It will take 150 (2032) dollars to purchase the same basket of goods 100 (2012) dollars can buy today. What will be called the “dollar” in 2032 will be worth one-third less (100/150) than what we call a dollar today.

man tries to redeem a 100 dollar bill at the federal reserve bank

Federal Reserve officials are considering a new type of quantitative easing that will allegedly attempt to boost the economy without accelerating inflation. Under the new approach, the Fed would print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates. And if you believe that will work, I've got a bridge to nowhere I think you'll be very interested in purchasing...

Federal Reserve For Dummies - Most Americans don't realize that The Federal Reserve is not "Federal" at all. "The Fed" is a cartel of PRIVATE BANKS that print the US Dollar and then loan it to us The American People with Interest! This is not only unconstitutional, it is the source of most of our economic ills.

Republican candidate Mitt Romney has made a major pitch to black voters, with a heavy emphasis on the economy, but was booed upon criticising President Barack Obama and promising to get rid of the administration's health care overhaul. Democrats said on Wednesday that Romney was making a statement just by speaking to the annual meeting of the National Association for the Advancement of Colored People (NAACP), the oldest US civil rights group.

A Malaysian man hacked his way into the Federal Reserve Bank's computers in Cleveland and also separately had more than 400,000 stolen credit card numbers when Secret Service agents finally caught up with him, federal prosecutors said.

The Federal Reserve Act was passed and signed into law by Woodrow Wilson during the Congressional Christmas Break in 1913 giving several multi-national banks a 99 year charter to establish the Federal Reserve Bank. That charter expires on 12/21/2012, coincidentally (if you believe in such things) the same day Mayan calendar ends, the same day many mystics, eschatology enthusiasts and psychedelic fade rangers are calling The Singularity.

The Senate voted unanimously to peer into Federal Reserve decision-making Tuesday, authorizing an examination of the central bank's emergency lending to financial institutions in the months surrounding the 2008 financial crisis.

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