Tuesday, September 17, 2013
FIRST LOOK Inside the FEDERAL RESERVE, USD, CASH, GOLD monetary SYSTEM - Americas Money Vault
FIRST LOOK Inside the FEDERAL RESERVE, USD, CASH, GOLD monetary SYSTEM - Americas Money Vault, National Geographic Full Episode PART 1
For the first time, National Geographic takes you inside the heart of the money machine to places that you're not allowed to bring a camera ...straight into the vaults of some of the world's largest stashes of what you want, need and bust your butt to get: Money.
Hidden deep under the streets of New York City, hundreds of billion dollars in gold bars are tucked away in a bunker that is anchored to the bedrock of Manhattan Island itself.
In the latest in a string of high-profile hacking disclosures, the Federal Reserve confirmed on Wednesday that one of its websites was broken into by cyber hackers in a breach that reportedly leaked the contact information of thousands of bankers.
While the central bank said the incident didn't "affect critical operations" of the Federal Reserve System, the disclosure is sure to fuel concerns about the cyber security of government websites and critical financial infrastructure.
The Fed hack appears to be tied to an Anonymous group that published on Twitter the credentials of more than 4,000 commercial bankers early Monday morning. The group, Operation Last Resort, said it received the documents "via the FED."
Call it the Rick Perry gold rush: The governor wants to bring the state's gold reserves back from a New York vault to Texas.
And he may have legislative support to do it. Freshman Rep. Giovanni Capriglione, R-Southlake, is carrying a bill that would establish the Texas Bullion Depository, a secure state-based bank to house $1 billion worth of gold bars owned by the University of Texas Investment Management Co., or UTIMCO, and stored by the Federal Reserve.
"If you think gold is a hedge, or a protection, you always want it as close to the individual and the entity as possible," Paul told The Texas Tribune on Thursday. "Texas is better served if it knows exactly where the gold is rather than depending on the security of the Federal Reserve."
Sadly, most Americans don't even realize that a private banking cartel has a monopoly over all money creation in this country. In recent years they have abused this power by wildly printing money ("quantitative easing"), and by making more than 16 trillion dollars in secret loans to their friends during the last financial crisis. "Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of platinum coins for the purpose of avoiding an increase in the debt limit"