[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

RMN is Reader Supported

Our Goal for
MAY 6 - JUN 5:
$2500

Powered by FundRazr

Click Widget
or Click Here to contribute.

Checks & Money Orders:

Raye Allan Smith
P.O. Box 95
Ashtabula, OH 44005


Users Online:
96

Who Founded RMNews?


Dewitt Jones' Video
"Celebrate What's Right
With The World"


"When the
Starships Fly!"

Listen at YouTube


The Theme for The Obergon Chronicles

Listen at YouTube


The Obergon Chronicles ebook


RUMOR MILL
NEWS RADIO


CGI ROOM
Common Ground
Independent Media


WHAT ARE
THE FACTIONS?


THE AMAZING
RAYELAN ALLAN


BIORHYTHMS

LOTTO PICKS

OTHER WAYS TO DONATE





RUMOR MILL NEWS AGENTS WHO'VE BEEN INTERVIEWED ON RUMOR MILL NEWS RADIO

______________

NOVEMBER 2008

Kevin Courtois - Kcbjedi
______________

Dr Robin Falkov

______________

Melinda Pillsbury Hr1

Melinda Pillsbury Hr2

______________

Daneen Peterson

______________

Daneen Peterson

______________

Disclosure Hr1

Disclosure Hr2
______________

Scribe
______________

in_PHI_nitti
______________

Jasmine Hr1
Jasmine Hr2
______________

Tom Chittum Hr1
Tom Chittum Hr2
______________

Kevin Courtois
______________

Dr Syberlux
______________

Gary Larrabee Hr1
Gary Larrabee Hr2
______________

Kevin Courtois
______________

Pravdaseeker Hr1
Pravdaseeker Hr2
______________

DECEMBER 2008

Tom Chittum
______________

Crystal River
______________

Stewart Swerdlow Hr1
Stewart Swerdlow Hr2
______________

Janet Swerdlow Hr1
Janet Swerdlow Hr2
______________

Dr. Robin Falkov Hr1
Dr. Robin Falkov Hr2
Dr. Robin Falkov Hr3

JANUARY 2009 ______________

Patriotlad
______________

Patriotlad
______________

Crystal River
______________

Patriotlad
______________

Dr. Robin Falcov
______________

Patriotlad

FEBRUARY 2009

Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies, Spirituality,
Home Schooling, Home Mortgages and more, in:

The Rumor Mill News Reading Room

Deception and Abuse at the Fed

Posted By: oldmaninthedesert
Date: Saturday, 1-Aug-2020 10:08:25
www.rumormill.news/151711

These two had some epic clashes in the 80's and 90's

The amazing 1990s began with a recession, high unemployment, and victory in the first Gulf War. Soon, though, the economic good times trolled, as the promise of remarkable computer and Internet technologies was realized. The economy grew, unemployment dropped, the federal deficit changed to a rising surplus, and jubilant investors hung on to the stock market balloon that rapidly inflated until the end of the decade. The spotlight focused on one man, who was cast as the country’s economic “maestro.” Alan Greenspan achieved saint-like status as he led the country’s most powerful peacetime governmental bureaucracy: the nation’s central bank, the Federal Reserve, the Fed.

Meanwhile, a relatively little-known man from Texas, Henry B. Gonzalez, who had risen to the chairmanship of the House Banking Committee, decided to carry out the responsibility assigned to that committee for overseeing the Fed. The Fed had frequently waved its “independent from politics” flag to ward off congressional intrusion. Now, under an enshrined leader, it appeared safe, except that Gonzalez seemed determined, and in 1992 had made public his suggestions for requiring accountability from Fed officials—who were shocked. The chairman of the “politically independent” Fed sought political help. Greenspan traveled to Little Rock, Arkansas, to talk to the president-elect, Bill Clinton. On December 14, 1992, at a then-secret meeting, Greenspan reported back to Fed officials about his conversation with Clinton, ten days earlier (selections from the transcript of the Fed meeting are in Chapter 10). The powerful Greenspan Fed was determined to stop Henry Gonzalez.

Despite the low odds of success, Gonzalez would not retreat from carrying out the responsibilities that the U.S. House of Representatives assigned to its Banking Committee for overseeing the nation’s central bank. The Fed was so shrouded in mythology, and seemingly so guarded by its self-proclaimed need to act with absolute independence, that anyone aggressively poking it would be subject to trashing. Admiring politicians and a coterie of Fed watchers who earned their income by interpreting the Fed’s garbled announcements would voice their disgust for anyone intruding on the Fed’s advertised independence. Gonzalez compared his attempt to remedy severe problems at the Fed to hitting a Sherman tank with a stick. Those who knew Henry B., as he was called in his San Antonio district, knew that even later-model combat tanks would not have stopped him.
https://exploringrealhistory.blogspot.com/2020/08/part-1-deception-and-abuse-at.html





If you enjoyed this article,
Please consider a monthly subscription to Rumor Mill News!!


RMN is an RA production.

The only pay your RMN moderators receive
comes from ads.
Please consider putting RMN in
your ad blocker's whitelist.

Serving Truth and Freedom
Worldwide since 1996
 
Politically Incorrect News
Stranger than Fiction
Usually True!


Powered
by FundRazr
Click Widget
or Click Here to contribute.


Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents

Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents



[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

The Rumor Mill News Reading Room is maintained by Forum Admin with WebBBS 5.12.