4:56 pm November 2, 2012 The Undertaker wrote :  The criminal foreign owned private cartel NWO globalist FED has crook accountants AKA Deloitte and Touche who have been involved in over 40 investigatory fraud scams in the last two years both domestically and internationally and Bernanke is a master of money laundering for his Bilderberg bankster bosses. Audit and abolish the fraud FED.  8:57 pm November 2, 2012 Kill the Fed wrote :  Some of the direct and indirect stockholders of the New York Federal Reserve Bank: Rothschild …Lazard Brothers …Israel Moses Seif …Warburg …Kuhn, Loeb …Goldman Sachs …Chase Manhattan Bank…  9:09 pm November 2, 2012 Federal Reserve Inc. wrote :  The Federal Reserve Bank is a consortium of twelve private banks which are not part of the United States Government.  The Primary Owners of the Federal Reserve Banks Are:  1. Rothschild’s of London and Berlin 2. Lazard Brothers of Paris 3. Israel Moses Seaf of Italy 4. Kuhn, Loeb & Co. of Germany and New York 5. Warburg & Company of Hamburg, Germany 6. Goldman, Sachs of New York 7. Rockefeller Brothers of New York  The bank is supposed to bring stability to the economy, however, almost every major marked crash and war can be attributed to the Federal Reserve Bank, including the Great Depression, WW I, WW II, the Gulf War etc.  In 1913 in exchange for paying for his Presidential campaign, President Woodrow Wilson signed the Federal Reserve Act handing over the U.S. currency to twelve regional private banks. In 1933 Roosevelt confiscated citizens gold and handed it to these private banks.  9:33 pm November 2, 2012 Robert H. Hamphill wrote :  “We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system…. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.” – Robert H. Hamphill, Atlanta Federal Reserve Bank  12:04 am November 3, 2012 The Undertaker wrote :  9:09, you did your homework very well. Outstanfing A+++++!  12:55 am November 3, 2012 Charles A. Lindbergh Sr wrote :  “The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money” — Charles A. Lindbergh Sr., 1923  “Give me control of a nation’s money and I care not who makes its laws.” — Mayer Amschel Bauer Rothschild  10:23 am November 3, 2012 CRIMINAL CARTEL wrote :  No one wants to admit, especially not our elected politicians that the problem, which is destroying and ripping the United States and globe apart, is the Federal Reserve.  However, to admit this fact and phenomena would automatically indict themselves and show forth their complicity in this criminal act. How about their oath of office in which they swore to uphold—defend and protect the United States Constitution against all foreign and domestic enemies, as well as observed the law.  1:39 pm November 3, 2012 peterpalms wrote :  Inflation, therefore, has now been institutionalized at about 5% per year. That has been determined to be the optimum level for generating the most revenue without causing public alarm. Five per cent, everyone agrees, is “moderate.” We can live with that, but we tend to forget it is 5% per year, forever. A 5% devaluation applies, not only to the money earned this year, but to all that is left over from previous years. At the end of the first year, the original dollar is worth 95 cents. At the end of the second year, it is reduced again by 5% leaving its worth at 90 cents, and so on. After 20 years, the government will have confiscated 64% of every dollar we saved at the beginning of our careers. After working 45 years, the hidden tax on those first-year dollars will be 90%. The government will take virtually all of them over our lifetime. Current income and earned interest will partially offset this effect but it will not alter the underlying reality of government confiscation. EFFECT OF “MODEST” 5% INFLATION For the past fifty years, all the published charts illustrating the decline of the dollar from such-and-such a date to the “present” shows this type of curve  These, of course, are averages. A few people in the middle class of the bureaucracy will have managed to place some of their dollars into tangible assets or income-producing securities—what few remain—where they are somewhat protected from the effects of inflation. For the vast majority, however, inflation hedges constitute but a tiny fraction of all they have earned over a lifetime. And so we find that, in The New World Order, inflation has been institutionalized at a “modest” level of five per cent. Once in every five or six generations—as prices climb higher and higher—a new monetary unit can be issued to replace the old in order to eliminate some of the zeros. But no one will live long enough to experience more than one devaluation. Each generation is unconcerned about the loss of the previous one. Young people come into the process without realizing it is circular instead of linear. They cannot comprehend the total because they were not alive at the beginning and will not be alive at the end. In fact, there need not even be an end. The process can be continued forever. By this mechanism—and with the output of work battalions— government can operate entirely without taxes. The lifetime output of every human being is at its disposal. Workers are allowed a color TV, state-subsidized alcohol and recreational drugs, and violent sports to amuse them, but they have no other options. They cannot escape their class. Society is divided into the rulers and the ruled, with an administrative bureaucracy in between. Privilege is now largely a right of birth. The worker class and even most of the administrators serve masters whom they do not know by name. But serve they do. Their new lords are the monetary and political scientists who created and who now control The New World Order. All of mankind is in a condition of high-tech feudalism.
The U.S. unemployment rate rose to 7.9% in October, but behind the increase was some good news evidenced by a fall in a broader measure of unemployment to 14.6% from 14.7% a month earlier.