The Federal Reserve and economic collapse

[killuminati]

Today in the news it was reported how Lehman Brothers (LEH, Fortune 500) posted a third quarter $4 billion loss. Speculation has risen as to the fate of the company. What won't be reported in the news, however, is how Lehman Brothers are one of the ten primary shareholders in the Federal Reserve.

As everyone on this forum is probably aware, we are definitely at risk of an economic collapse. I'm no economist, so I have no idea what this may spell out for the economy, but I'd like to hear everyone's feedback.

[Zarathustra]

Today in the news it was reported how Lehman Brothers (LEH, Fortune 500) posted a third quarter $4 billion loss. Speculation has risen as to the fate of the company. What won't be reported in the news, however, is how Lehman Brothers are one of the ten primary shareholders in the Federal Reserve.

As everyone on this forum is probably aware, we are definitely at risk of an economic collapse. I'm no economist, so I have no idea what this may spell out for the economy, but I'd like to hear everyone's feedback.

Simple common sense indicates that the socialization of Fannie and Freddie, B. Sterns, and soon to come Lehman, is a economically destructive series of decisions. Unfortunately most who correctly diagnose the inevitable calamity involved come to the conclusion that those running our economy (Bernanke, Paulson, etc...) don't understand basic economics - in other words they are fools. By leaping to this conclusion, born out of exasperation with one terrible decision after another, going back to 1913, they miss the crucial question.

To arrive at the question we as a Americans should be asking we have to start from a premise - that these men and women are not fools, that they understand economic principals very well, that they are well aware of the consequences of these decisions. Then we can ask the correct question - "Why are they intentionally destroying the economy of this nation?"

There are multiple answers to this question, but on the level of greed alone consider what Nathaniel Rothschild did after the Battle of Waterloo, when he spread the rumor that Napoleon had one, causing the London exchange to lose 90% of its value in hours. He then bought the remaining 10%. The correct news arrived that Wellington had been victorious, and the Rothschild family essentially "owned" the British economy. They are better at the game today. Artificially inflate the market to create wealth, then when the inevitable crash comes purchase the real assets for "pennies on the dollar".

The bankers control the government, so now financial institutions become nationalized, ala Germany in the 30's. With the takeover of Fannie and Freddie, the United States government now OWNS approximately 50% of all homes in America. Lehman will be bailed out just like Sterns was. The common shareholders will take the hit, while those at the top, who knew this was coming, will be fine, because they have already moved their assets out of harms way.

Lehman, Fannie, Freddie, Sterns are examples of the beauty of a "free" market that is controlled and manipulated by private bankers who also control the money supply itself.