Jim Rogers: “Abolish the Fed”

From http://www.infowars.com/?p=775

Jim Rogers: “Abolish the Fed”

Kurt Nimmo
Infowars
March 13, 2008

Somebody at CNBC, billed as “America’s business channel,” made a mistake. They allowed Jim Rogers, investor and buddy to George Soros, to get on and slam the Federal Reserve.

Not only slam the Fed, but call for it to be abolished.

Somebody at CNBC was asleep at the switch, or the kill button anyway. Because you never hear such talk over the corporate media, an entity owned by the same banking and financial interests that prop op the Fed and the funny money system.

“How much money does the Federal Reserve have?” Rogers asks. “I know they can run their printing presses forever, but that is not good for the world, inflation is not good for the world, a collapsing currency is not good for the world. It means worse recession in the end.”

Of course, recession — or, depending where you are situated in the funny money system, depression — will be a good deal for the bankers, as it will wipe the board clean and allow them to consolidate and at the same time destroy the once heralded middle class, a necessary task as our rulers move toward their plan to impose serfdom on the masses, or that is to say those who are not already serfs and peons, working for a dollar or two per day.

“I will ask you this,” one of CNBC’s talking heads asks Mr. Rogers, “what would be the first two things you would do if you were in Mr. Bernanke’s seat tomorrow morning?”

“I would abolish the Federal Reserve,” avers Rogers, “and I would resign,” a response that brings nervous laughter all around at the CNBC studios.

Rogers then declares Bernanke and the Fed are debasing the currency in an effort to “revive America… it has never worked in the long term or medium term.”

I am not an economist or a stock market investment guru like Rogers, but it seems Bernanke and the Federal Reserve, as in Federal Express, in that there is nothing “federal” about it, are not attempting to prevent a recession but are in effect adding nitro to the process of destroying the economy and thus the middle class. Call me paranoid, but if we are to believe Mr. Rogers, Bernanke is a blithering idiot that has no idea what he is doing. Of course he knows what he is doing, or rather what he was told to do.

“We are witnessing the unfolding of a crash exactly as predicted by Former World Bank Vice President, Chief Economist and Nobel Prize winner Joseph Stiglitz [in late 2006],” write Steve Watson and Alex Jones.

Stiglitz agreed that the process of hijacking and looting key infrastructure on the part of the IMF and World Bank, as an offshoot of predatory globalization, has now moved from the third world to Europe, the United States and Canada.

Stiglitz warned that the signs were there with plummeting real estate prices in the U.S., stating that a global economic depression could only be avoided if a correction was made.

But no correction will be made because the World Bank/IMF/Globalist doctrine betrays a focused agenda to deliberately foment economic turmoil, riots, and then enforced bondage to eternal debt. We have witnessed this time and time again, their own documents even confirm this as the chosen method of social control.

No doubt Mr. Rogers, as an insider, would disagree with this analysis and insist Helicopter Ben is simply a bungling fool. Even so, his solution is correct — in order to get out from under, the Federal Reserve must be dismantled. I’d add that Bernanke and crew should be arrested, same as a common criminal is arrested for holding up a liquor store, as they are facilitating the theft of trillions of dollars by the bankers.

As Daniel Estulin and Jim Tucker reported in 2005, the elite, in the guise of the Bilderbergers, want to usher in a “post-industrial revolution,” as Jose Barroso, president of the European Commission and a Bilderberg member described it. It seems they are on schedule, as we are looking at yet another “Great Depression,” a good chance worse than the last one. Bernanke is simply continuing the process initiated by his predecessor, Alan Greenspan, who was recently “lauded for doing the job of publicly destroying confidence in the dollar, publicly trying to destroy confidence in the banks, and publicly trying to destroy the economy, enabling a consolidation during a recession as set out exactly in globalist blueprints,” as Watson and Jones write.

Of course, we shouldn’t expect to hear a word about this on CNBC, “America’s business channel.” Instead, we will hear about how the “irrational exuberance” of the stock market is good for yuppies, never mind, with each passing day, their funny money is all the more worthless.

In the meantime, Jim Rogers may not be invited back to chat with CNBC’s talking heads.