Federal Reserve to Grab More Power

So what do you think of all those nutso "conspiracy theorists" now?

Federal Reserve to gain power under plan

The Federal Reserve, already arguably the most powerful agency in the U.S. government, will get sweeping new authority to regulate any company whose failure could endanger the U.S. economy and markets under the Obama administration's regulatory overhaul plan.

The final plan due to be released on Wednesday -- which originally aimed to streamline and consolidate banking and securities regulation in one or two agencies -- now is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources.

The most likely candidate for elimination is the Office of Thrift Supervision, whose failure to detect and forestall problems at Countrywide, IndyMac, Washington Mutual and other freewheeling mortgage lenders is thought to have contributed to the financial crisis.

I take issue with the first sentence of the article: "The Federal Reserve, already arguably the most powerful agency in the U.S. government, ..." Truly, the Federal Reserve IS the U.S. government. Our Constitution and Bill of Rights have little or no power, in all reality. It is the Federal Reserve Board that has called the shots in this country, and the IRS has been it's bulldog.

The U.S. Federal Reserve Board is an unelected, unappointed group of oligarchs, overseen by international bankers. These international bankers, incidentally, also control the other central banks of the world.

I remain completely baffled by the tepid and apathetic response of Americans to such knowledge. Our liberties and our country are on the edge of the precipice of destruction and nary an outcry, except from those who run around in circles crying out about "conspiracy theorists." Dear reader, when a theorist's theories reveal truth concerning a REAL conspiracy, it is no longer a theory; it is fact.