While Most Distrust Mass Media, Few Know Who CONTROLS It and WHY

The secret lies in the top of the pyramid, not the minions that work the streets trying to write good stories.  Look at the Council on Foreign Relations for a CONSISTANT media stories across the so called left and right spectrum.

The CFR is an organization sister to the Royal Institute of International Affairs (Britain), both founded in 1921 right after World War I when the League of Nations idea failed. The sole purpose of such organizations is to condition the public to accept a Global Governance which today is the United Nations. This is the true face of the so-called Globalists, and Centralized Power is what they are really after.

From 1989 to 1993, during the administration of Skull & Bones George H.W. Bush, with the exception of Vice President Dan Quayle, Secretary of State James A. Baker III, and Health Human Services Secretary Louis W. Sullivan, ALL Cabinet members were of the ultra-secretive CFR. 

From 1993 to 2000, in the Bill Clinton administration, with the exception of Secretary of Defense William Perry, ALL Cabinet members were of the CFR.

From 2001 to 2009, in the George W. Bush administration, ALL CABINET MEMBERS were CFR operatives:
Vice President Dick Cheney
Sec. of State Collin Powell (2001-2005)
Sec. of State Condoleeza Rice (2005-2006)
Sec. of Defense Donald Rumsfeld (2001-2006)
Sec. of Defense Robert Gates (2006-2009)
Sec. of Labor Elaine Chao (2001-2009)
EPA Administrator Christine Todd Whitman

From 2009 on, in the Barack Obama administration, we see the following:
Sec. of State Hillary Clinton - Bilderberg Group (a step up from, but just as bad as the CFR)
Sec. of Defense Robert Gates - CFR
Sec. of Homeland Security Janet Napolitano - CFR
Sec. of Commerce Bill Richardson - CFR
UN Ambassador Susan Rice - CFR
National Security Advisor James Jones - CFR
Sec. of Treasury Timothy Geithner - CFR
Director of National Economic Council L.H.Summers - CFR
Economic Advisor Paul Volcker - CFR

This is a video on NEWS FABRiCATiON and also about the powers that REALLY run the big media. 
A closer look at what the CFR is all about.

More Hope than Tragedy Awaits Us All if Glass-Steagall is Passed

Background

Despite all the tragedy filling the airwaves these days, there is a glimmer of hope.  After many years of obvious deception, fraud, and blatant theft both by investment and commercial bankers, lawyers, and accountants, there could be a restoration of the banking sector to its original purpose and scale.

Paving the Way for Economic Crises

The Glass-Steagall Act was repealed in 1999 under pressure from Wall Streetbankers trafficking in bundled subprime mortgages, derivatives, collateralized debt obligations, credit default swaps and the like. Inventing evermore exotic investment vehicles, the money movers pumped up a global financial bubble that eventually burst.

Officially it was blandly named the Banking Act of 1933 but around the world it is better known as Glass-Steagall, the ground-breaking piece of legislation that prevented commercial banks which took deposits from embarking on risky trading activities.

Carter Glass and Henry Steagall were the revolutionaries of the time. The years after the Great Depression sparked a debate in the US about how to prevent such devastation hitting the economy again, after nearly 5,000 banks collapsed.

Glass-Steagall forced commercial and investment banks to separate. Commercial banks were not allowed to underwrite the sales of stocks and bonds, while investment banks could not take in deposits from customers.

It remained in place for half a century before it was repealed in 1999 through the Financial Services Modernisation Act, again better known by the names of the politicians who promoted the legislation – Gramm, Leach and Bliley.

Since 1999, banks have been allowed to use commercial deposits and assets as fuel for securities trading on the derivatives market. Because commercial and speculative assets are so heavily comingled, the government is forced to protect the assets of banks making risky bets through near perpetual bailouts and purchasing of toxic debt.  It was the derivatives bubble that blew up the system and bankrupted the US banks in the 2007-2008 crash. 

Restoring Proper Financial Regulation 

Glass-Steagall forces separation of commercial from investment banks, it ends Too Big To Fail, bars government bailouts, and will stop the onset of hyperinflation.

On Friday Sen. Tom Harkin (D-Ia.) introduced Senate Bill 985 (#SB985) to reinstate Glass Steagall. While the full text of the Harkin bill has not yet been posted by the Library of Congress, the fact that there is now a Senate bill to reinstate full separation of commercial banking from all other brokerage and speculative activities is a dramatic development. The fight for Glass Steagall has now moved to a new level.

This comes at a very precise and fortunate time.  Earlier this year, Rep. Marcy Kaptur, D-Ohio, introduced HR 129 to restore Glass-Steagall, saying, “The response of Congress to the 2008 financial crisis has been completely inadequate.”  Currently #HR129 – The Return to Prudent Banking Act– has 60 bipartisan co-sponsors in the House.  Four states have passed resolutions calling for reimplementation of Glass-Steagall, and a dozen other legislatures, including Virginia’s, are considering similar measures.


Specifically, the draft legislation has four components:

1. Commercial Banking institutions have one year to divest themselves of all non-commercial banking units, with no cross management or ownership between commercial and non-commercial units.

2. Commercial Banks are barred from using more than 2% of its capital for the creation, sale, or distribution of securities (certain bank-qualified securities are exempted)

3. Prevents Commercial Banks from loaning their commercial deposits into such vehicals as would support the creation and circulation of securities.

4. No securities of low or potentially low value can be placed by a bank into its insured commercial bank units. * Adds provision stating Glass-Steagall is the preeminant regulator of the banks, limiting banks from putting its depositors and shareholders at risk.

What is important about this legislation over all others is that there would be absolutely no room for loopholes.  There can be no accidental oversight or negligence.  Investment banking would be completely separated from commercial banking.   

This is NOT to be confused with the red herring that Obama supported earlier in his first term, known as the "Volcker rule" named after former Federal Reserve chairman Paul Volcker .  That was a more complicated piece of legislation meant to stall real effective rules.  There is a reason for that.  Obama has received millions of dollars from investment banks, just like Romney, Bush, and all other presidential candidates.  The banks always hedge their bets and play both sides against the other.  DO NOT BE DECEIVED THIS TIME!

Additional Commentary

If you need more details on the Glass-Steagall Act of 1933 and why it is important to restore, watch this video.  Max Keiser is an excellent financial news reporter that does not hold back any punches for any banker fraud and conspiracy.

And in case you need still more reason to support restoring Glass-Steagall, hear what Elizabeth Warren has to say about it.  Remember she was warning us all of the impending doom from 2005-2008 as the housing bubble and financial crisis was bubbling.

If you want to know more about who was responsible for repealing Glass-Steagall, watch this video and look to Alan Greenspan.

More Reasons to Support the Restoration of Glass-Steagall

Whether you identify with the Democrats, the Republicans, the Tea Party, the Occupy Movement, the Green Party, or none at all, you are the 99% like the rest of us, and therefore, you should consider the restoration of Glass-Steagall as a way to restore some sense of balance of power to the country, and the world for that matter.

Barack Obama - The Case for Impeachment [SCG News 5.15.2013]

If this was a Republican, Liberals Democrats would be up in arms, but still not do anything.  Republicans and Conservatives, are you so weak you won't step up to the plate? Isn't it time American so-called "representative" government be held accountable for the crimes they are committing?

If so, DO SOMETHING about it! Something positive that will capture attention and get the point across.  Non-violent of course.  Remember, he's got drones and a license to kill.

One World Trade Center, 1776 Feet, A Stamp of the Illuminati

First watch this video.  It is nearly a 40 year old recording but an excellent description and connection of key groups, events, and people that have manipulated the world into debt and wars.  Reflect on what is happening now since 9/11.

Following the holocaust of the World Trade Center attack of September 11, 2001, a new tower has been erected.

Now circle back to what you learned in the first video and take a second look at the new One World Trade Center, inaugurated May 10, 2013 at 1776 feet.