Sunday, June 7, 2009

President of the Federal Reserve Bank of Kansas City Warns of Oligarchy

As I have previously pointed out, two top IMF officials and the former Vice President of the Dallas Federal Reserve have all warned that the U.S. has been taken over by an oligarchy.

Wednesday, the head of the Federal Reserve Bank of Kansas City, Thomas Hoenig, agreed:

    If we hesitate to make needed changes, we will perpetuate an oligarchy of interests that will fail to serve the best interests of business, the consumer and the U.S. economy…

    In discussing any aspect of financial reform, one of the most significant changes that must be accomplished is the end of “Too Big to Fail” . . . Institutions must be allowed to fail, no matter their size or political influence…The effect is to lower the costs to these firms and significantly raise costs to the taxpayer and, ultimately, to fundamentally weaken our financial system.

Source

Photobucket




Public Notice

Zombie America is a PRO America blog simply relaying important information to the uninformed public so they may have all of the information to make the best decisions for them and their families. Zombie America is not asking for money, we're asking for all to simply look at the information our sources provide. Zombie America is not, in any way, connected to, or supportive of, any person(s) who engage in violent acts towards anyone or anything, for any reason. Zombie America is not, and will never be, associated with, or support, any person(s) who are involved with any kind of religious, extremist, occultist, terrorist organizations. Zombie America is not responsible for any person(s) who may read this blog. Zombie America is not anti government. Zombie America is anti corruption. Zombie America's posts consist of information copied from other sources and a source link is provided for the reader. Zombie America is not responsible for any of the authors’ content. Parental discretion is advised.

Zombie America is exercising the 1st Amendment right to freedom of speech. Those who attempt to hinder this right to free speech will be held accountable for their actions in a court of law.