In the famous words of Charles Dudley Warner, “Politics makes strange bedfellows.” And in Mitt Romney’s case, analysts believe that even if he becomes President, not much, if anything, will change at the Federal Reserve Bank chaired by Ben Bernanke.
Economists and political analysts believe the Republican candidates’ criticism of the Fed is nothing more than political season blather since pushing against the Fed would not be accepted positively by the markets, according to Greg Valliere of Potomac Research Group. Officials at the Fed “guard jealously” what they deem to be its dual role of fighting inflation and strengthening employment.
In a recent interview with Diane Sawyer, Ben Bernanke stated, “Our job is to do the right thing for the economy irrespective of politics. We’re not paying any attention to election calendars or political debates. We’re looking at the economy.” Bernanke’s term ends in 2014 and Romney, if President, would have the opportunity to name a new chair, but analysts doubt if he would change anything else about the Fed since the economy will be much better by then.
But that, of course, is the secular media’s take on the situation. The part they won’t discuss in the open is that both the President of the U.S. (Republican or Democrat) and the Federal Reserve Bank answer to the market manipulators such as the Trilateral Commission, Council on Foreign Relations, and the Bilderbergers, all of whom get directives from the Vatican.
The real purpose of the Federal Reserve Bank, which according to Brannon Howse of Worldview Weekend is “neither federal nor has any reserves,” is to manipulate the market value of currencies for the enrichment of its stakeholders. They inflate or deflate the currency to strengthen themselves while weakening the people they want to rule over. And the latest recession we’ve experienced was a market manipulation to increase socialization with the Fed’s help so the new world order could gain more ground.
But thou shalt have a perfect and just weight, a perfect and just measure shalt thou have: that thy days may be lengthened in the land which the LORD thy God giveth thee. Deuteronomy 25:15
A false balance is abomination to the LORD: but a just weight is his delight. Proverbs 11:1
Ann Saphir & Patricia Zengerle. Analysis: a Romney win would likely change little at Federal Reserve. Reuters.com. Sunday, April 1, 2012.
Brannon Howse. Past Presidents Have Warned Us About the Danger and Corruption of a Central Bank (the Federal Reserve). Worldviewweekend.com. December 09, 2008.
–Harry A. Gaylord–