check us out on Facebook www.facebook.com Follow us @ twitter.com twitter.com Welcome to Capital Account. The accused Federal Reserve bomb plotter's home country wants details on his case. While this may make headlines, we ask Lew Rockwell of the Ludwig Von Mises Institute about one aspect of the Federal Reserve that has not made front page news: how the Fed, with its printing press, may be making war easier. After all, if the people of the United States were asked to write a check every year to the IRS in order to fund the exploding deficits and rising interest payments on the national debt, would they continue to support all these wars? Randolph Bourne may have famously quipped that "war is the health of the state," but it isn't the health of the economy, this is for certain. If the American people could identify their miserable economic plight with the actions of the federal reserve and with the hundreds of billions of dollars spent every year on war and defense, it is reasonable to expect that they would simply refuse the burden all together. We will ask Lew Rockwell, Chairman of the Ludwig Von Mises Institute what he thinks, and if he thinks that war is made easier by a pliant and compliant central bank. And, sticking with this issue of the Federal Reserve as the great "enabler," what about it's role in "disabling" and dismembering America's dwindling middle class? How responsible is the Federal Reserve and its quantitative easing, zero percent interest rate policy <b>...</b>Author: CapitalAccount
Duration: 28:03
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Lew Rockwell explains how the Federal Reserve Enables War, Empire, and Destroys the Middle Class
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veracitystew.com twitter.com / twitter.com President Barack Obama marks the historical turn of events in Egypt and the resignation of Hosni Mubarak with a speech from the White House. No copyright intended. Posted for information and educational purposes.
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Recent sanctions against Iran are an attempt by the US to return the country to its sphere of influence, claims veteran journalist John Pilger. "Iran was a pillar of the American empire in the Middle East. That was swept away in 1979 by the Islamic revolution, and it has been American foreign policy to get that back," he said. "It has absolutely nothing to do with so-called nuclear weapons. The nuclear power in the Middle East is the fourth biggest military power in the world and that is Israel. It has something like 500 or more nuclear warheads. It is never discussed." Pilger added that Barack Obama has failed to change the trajectory of US foreign policy and following George W. Bush's line. "For the first time in US presidential history -- it has not happened before -- a president has taken the entire defense department bureaucracy, and the Secretary of State for Defense, from a previous discredited administration. We have basically Robert Gates and the same generals running American foreign policy with a lot of help from people of like mind."
