The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve System
Publisher:
Total Pages: 0
Release: 2002
Genre: Banks and Banking
ISBN: 9780894991967

Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Fed Up

Fed Up
Author: Danielle DiMartino Booth
Publisher: Penguin
Total Pages: 338
Release: 2017-02-14
Genre: Business & Economics
ISBN: 0735211655

A Federal Reserve insider pulls back the curtain on the secretive institution that controls America’s economy After correctly predicting the housing crash of 2008 and quitting her high-ranking Wall Street job, Danielle DiMartino Booth was surprised to find herself recruited as an analyst at the Federal Reserve Bank of Dallas, one of the regional centers of our complicated and widely misunderstood Federal Reserve System. She was shocked to discover just how much tunnel vision, arrogance, liberal dogma, and abuse of power drove the core policies of the Fed. DiMartino Booth found a cabal of unelected academics who made decisions without the slightest understanding of the real world, just a slavish devo­tion to their theoretical models. Over the next nine years, she and her boss, Richard Fisher, tried to speak up about the dangers of Fed policies such as quanti­tative easing and deeply depressed interest rates. But as she puts it, “In a world rendered unsafe by banks that were too big to fail, we came to understand that the Fed was simply too big to fight.” Now DiMartino Booth explains what really happened to our economy after the fateful date of December 8, 2008, when the Federal Open Market Committee approved a grand and unprecedented ex­periment: lowering interest rates to zero and flooding America with easy money. As she feared, millions of individuals, small businesses, and major corporations made rational choices that didn’t line up with the Fed’s “wealth effect” models. The result: eight years and counting of a sluggish “recovery” that barely feels like a recovery at all. While easy money has kept Wall Street and the wealthy afloat and thriving, Main Street isn’t doing so well. Nearly half of men eighteen to thirty-four live with their parents, the highest level since the end of the Great Depression. Incomes are barely increasing for anyone not in the top ten percent of earners. And for those approaching or already in retirement, extremely low interest rates have caused their savings to stagnate. Millions have been left vulnerable and afraid. Perhaps worst of all, when the next financial crisis arrives, the Fed will have no tools left for managing the panic that ensues. And then what? DiMartino Booth pulls no punches in this exposé of the officials who run the Fed and the toxic culture they created. She blends her firsthand experiences with what she’s learned from dozens of high-powered market players, reams of financial data, and Fed docu­ments such as transcripts of FOMC meetings. Whether you’ve been suspicious of the Fed for decades or barely know anything about it, as DiMartino Booth writes, “Every American must understand this extraordinarily powerful institution and how it affects his or her everyday life, and fight back.”

The Secrets of the Federal Reserve -- The London Connection

The Secrets of the Federal Reserve -- The London Connection
Author: Eustace Mullins
Publisher: Lulu.com
Total Pages: 197
Release: 2018-09-13
Genre: Business & Economics
ISBN: 0359087450

From the Foreword. In 1949, while I was visiting Ezra Pound who was a political prisoner at St. Elizabeth's Hospital, Washington, D.C. (a Federal institution for the insane), Dr. Pound asked me if I had ever heard of the Federal Reserve System. I replied that I had not, as of the age of 25. He then showed me a ten dollar bill marked ""Federal Reserve Note"" and asked me if I would do some research at the Library of Congress on the Federal Reserve System which had issued this bill. Pound was unable to go to the Library himself, as he was being held without trial as a political prisoner by the United States government. After he was denied broadcasting time in the U.S., Dr. Pound broadcast from Italy in an effort to persuade people of the United States not to enter World War II. Franklin D. Roosevelt had personally ordered Pound's indictment, spurred by the demands of his three personal assistants, Harry Dexter White, Lauchlin Currie, and Alger Hiss, all connected with Communist espionage.

American Civilian Counter-terrorist Manual

American Civilian Counter-terrorist Manual
Author: Alan Allen
Publisher: Trafford Publishing
Total Pages: 676
Release: 2008-03-18
Genre: Fiction
ISBN: 1466981822

(Spring 2010) This historical novel finds President Reagan at odds with his daughter, Vice President, White House Staff and Cabinet as Ronnie and Nancy try to do the best acting of their lives to leave the White House, alive. (unabridged edition) Our most loved and hated President after Kennedy and before Obama, Ronnie struggles to defeat the ‘Evil Empire’ and not lose his mind to Alzheimer’s dementia. Can he still trust Bill Casey and George Bush, George Shultz, Selwa Roosevelt and Mike Deaver? Can Ronnie find out who's pulling his strings? A fervent anti-Communist and Nazi hater praised by his wife Nancy and ultra-conservatives, groomed by Bechtel Corporation since 1950 and sold StarWars by Dick Cheney and Paul Nitze during the most scandal-ridden presidency in American history, daughter Patti, college students and flower children despised Reagan for supporting the Vietnam War and Contra death squads and felt the Reagan-Bush Administration was run by Nazis. As it turns out, it was. This historical novel documents the foreign policy, national security and monetary policies of the Reagan-Bush Administration were run by Nazis thru the life of character Reinhard Gehlen, Hitler’s chief of Foreign Armies East intelligence, whom Dulles hired to run and train CIA as Freikorps Nazi deathsquad torturers, terrorists and assassins who then trained the Contras ...that Gehlen was later handled by Bill Casey (Ronnie's campaign manager) then George Bush (Ronnie's vice president) to fight, exaggerate and invent the Cold War in order to capture the Russian Baku oil fields. Based on autobiographies of the Reagan family, Cabinet, and White House Staff, the 650-page book includes a 250-page epilog of documentation and a 50-pg researchers' index, footnotes, and an extensive appendix including charts from: Staff Report, Committee on Banking, Currency & Housing, House of Representatives, 94th Congress, 2d session, Aug. 1976 -- Federal Reserve Directors, a Study of Corporate & Banking Influence. The charts trace from 1913 to present the family dynasties of the private owners and interlocking directorate of the Federal Reserve Bank and other G-8 central banks (the World Order and New World Order) whom Bill Casey, George Shultz, the Bushes, bin Ladens, Thyssens, Rockefellers, Rothschilds, Browns, Harrimans and Reinhard Gehlen worked for and against whose family ancestors the American Revolution was fought and whose family decendents today continue to dominate the financial, political, economic, and bailout and foreclosure landscape with financial terrorism. Additionally, the historical novel follows the family dynasties of the private owners of the interlocking directorate of the Fed/G8 including Bank of England and Bundesbank and other central banks involved in the American Revolution of 1776, the American Civil War, the depressions in the late 1800s and early 1900s, the founding of the privately owned Federal Reserve Bank in 1913, WWI, the financing of the Bolshevik party from New York and thru Ruskombank which supplied U.S. technology and weapons and military vehicles to communist Russia who supplied them to the Viet Cong to kill Americans. Appendices also document the previously hypothesized money-issuing class that prints and owns our money that rules the upper class, middle class, working class, and unemployed classes. The appendix also includes documentation of the Clinton-era involvement with HUD corruption when Bill was Governor and Hillary was a HUD attorney. HUD sold billions of dollars of foreclosed properties in East L.A. at ten cents on the dollar to the Fed-founded Dillion-Read bank. Ronnie was advised about the marriage of the oil and illegal drug industries, and the case by the European Union and Central and South American countries against Reynolds Tobacco for laundering heroin and cocaine profits with Camel Cigarettes.

Deception and Abuse at the Fed

Deception and Abuse at the Fed
Author: Robert D. Auerbach
Publisher: University of Texas Press
Total Pages: 286
Release: 2009-06-03
Genre: Political Science
ISBN: 0292782802

The Federal Reserve—the central bank of the United States—is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)—chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring—for 17 years—it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing $5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank—the result of faulty bank examination practices by the Fed; Stonewalling Congressional investigations and misleading the Washington Post about the $6,300 found on the Watergate burglars. Auerbach provides documentation of these and other abuses at the Fed, which confirms Rep. Gonzalez's belief that no government agency should be allowed to operate with the secrecy and independence in which the Federal Reserve has shrouded itself. Auerbach concludes with recommendations for specific, broad-ranging reforms that will make the Fed accountable to the government and the people of the United States.

Monetary Politics

Monetary Politics
Author: John Turner Woolley
Publisher: Cambridge University Press
Total Pages: 298
Release: 1984
Genre: Business & Economics
ISBN: 9780521312479

The first book to describe and analyze the complex relationships between the Federal Reserve and the President, the Congress, bankers, and economists. Professor Woolley demonstrates that the Federal Reserve is very sensitive to a wide range of political influences.

Freedom, a Fading Illusion

Freedom, a Fading Illusion
Author: Charles Merlin Umpenhour
Publisher: Bookmakers Ink
Total Pages: 568
Release: 2005
Genre: Capitalism
ISBN: 0972678956

Non-fiction, Political Theory and Economic History of how America got to where it is today and the rulling elite's plan for globalization in the future.