Daily Archives: October 11, 2011

The central banks must be brought to heel

By Henry McRandall
WRISEUP.COM

The downward spiral of most of the world’s economies will never be halted unless one major set of players is brought to heel – the central banks of most advanced industrialized nations.
In the U.S., the Federal Reserve, and in Canada, the Bank of Canada, are two typical examples of privatized central banks careening out of control.
In both countries, as in most others, the central banks are controlled not by either country’s “democratically” elected government but by a cabal of private banksters who are robbing their countries and their countries’ citizens blind.
Part of the explicit idea behind private bank control of countries’ central banks is to protect private investors against any possible caprices of democratic government. The more implicit idea behind it is to so control the economy as to keep all the money where it is. read more »