Last evening, on the Coast to Coast Radio Program, G. Edward Griffin of The Creature of Jeckyll Island fame appeared. Mr. Griffin's straight forward explanations are invaluable to anyone wanting to understand the U.S. and global banking system. The Federal Reserve is not a government agency, even Chairman Greenspan had admitted this. The President appoints the Chairman in what typically amounts to any sitting President simply doing the bidding of the banks that run the global economy, and all our lives.
The central banks are a banking cartel and cartel's are only interested in one thing, to further the interests of the cartel, hence the banks themselves. The ultimate goal of the central banks is to institute a single global currency but human psychology dictates that this would be a hard sell if attempted quickly. Many folks would be outraged to relinquish their sovereignty and see their currency become part of a 'foreign' basket. Therefore, the frog must be boiled slowly, and regional currencies, such as the euro, must be first instituted as a middle step towards a single global currency. For North America, the U.S., Canada and Mexico people would be much more agreeable to swallow the idea of a regional joint currency, the Amero, rather than making the single leap to a global currency immediately.
Addressing the current events, Mr. Griffin is critical of the the U.S. government lending money based on debt that it has no plans on paying back. He would like to see the Federal Reserve abolished, as Ron Paul does, and Keystone, but perhaps we all are only tilting at windmills.
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