Alan Greenspan and the Federal Reserve Have a Long History of Serving the Elite and Building Their New World Order at the Expense of the American Public.

Alan Greenspan and the Federal Reserve became synonymous between 1987 and 2006; the long period in which he served as its chairman.

He was first appointed by President Ronald Reagan and saw the US through Black Monday in October, 1987.

He also saw the nation through the dot-com boom and crash of the 1990s.

Although a dour economist who usually dresses in dark clothing like an undertaker, this New Yorker has an interesting human side to him in stark contrast to the role he plays in serving the elite banking cabal.

He studied clarinet at the Julliard School in the 1940s, at just about the time the Breton Woods meeting was taking place.

He is an accomplished saxophonist and is married to a journalist, Andrea Mitchell (both in their second marriages).

Greenspan enjoyed a long friendship with novelist-philosopher Ayn Rand until her death in 1982.

It was under the alliance of Alan Greenspan and the Federal Reserve Bank that the United States saw persistently low interest rates which served to set the stage for today’s crisis.

This led to untrammeled borrowing and the exponential ballooning of debt, both in the private and public sector. Greenspan was pretty good at public relations and needed to be to get the job done for the people behind him.

Although he was a political appointee, he was under the heel of the owners of the Federal Reserve Bank and therefore was more of a messenger and nanny than a decision maker.

To understand the relationship between Alan Greenspan and the Federal Reserve, it is necessary to understand that the Fed is an entirely independent body, as are the twelve regional Federal Reserve Banks that work within the Federal Reserve System.

They are all owned and controlled by banking families with ancient ties to the Illuminati. No one tells them what to do, including the Chairman of the Fed.

Above the Law

The Federal Reserve System is constituted in terms of the Federal Reserve Act of 1913.

The Act gives the Federal Reserve total power over the printing and issuing of money in the United States

There is nothing federal about the Federal Reserve.

It holds absolutely no reserves (the money they create is fiat money, which has nothing backing it except the perception that it is worth something).

Nor is it a bank in the normal sense of the word.

It is simply a cartel of established banking families (Rothschild, Schill, Rockefeller, etc.) who give instructions for money to be printed.

They lend money to banks and the government and then collect the interest, which they rapidly convert into real assets such as land, gold, silver, platinum and natural resources.

The Fed owners know better than anyone that the U.S. dollar is intrinsically worthless.

The ownership of the twelve regional reserve banks (New York City, Boston, Atlanta, Kansas City, San Francisco, Chicago, St Louis, Minneapolis, Dallas, Philadelphia, Cleveland, and Richmond) is secret.

The operations and proceedings of the Fed are secret, it is never audited and it has never paid taxes.

What is the Fed Chief?

It is interesting to note that although the chairman and six other members of the Federal Reserve Board of Governors of the Federal Reserve System are appointed by the president and confirmed by the Senate, Congress does not influence them after that point.

Clearly the chairman of the Fed is the lapdog of the owners of the Fed.

There was a tortured kind of relationship between Alan Greenspan and the Federal Reserve. He knew his post was a purely token one.

He said on numerous occasions on public television that the Fed was a law unto itself and the implication was never that he ruled over anything, but that the Fed ruled over everything, including its chair.

In effect, the Fed chairman is a go-between for the government and the owners of the Fed.

He can carry messages back and forth and appear to take responsibility for decisions when necessary (a sort of fall guy for both sides) but an ultimate power he most certainly is not.

The Fed chair is a janitorial post rather than an executive post.

Alan Greenspan was Helpless

When Americans looked to Alan Greenspan for explanations about what was going on in the American economy or indications as to where it might go, Greenspan could only convey the decisions that had already been made by the Fed.

He reported interest rate drops and interest rate increases. He reported inflation rates and monetary contractions.

He commiserated in times of bust and was cautiously optimistic in times of booms.

As chairman, he could not actually do anything about those things and neither did he ever claim that he could.

A close look at the career of Alan Greenspan and the Federal Reserve reveals that he was merely a caretaker, a sort of clever, benign figure placed there to make it look as though the Fed was acting in the best interests of the United States.

Guilty of Fraud

Alan Greenspan has been outspoken about fraud. In legal terms, Alan Greenspan and the Federal Reserve Bank have committed no fraud.

What the Fed may and may not do and what the Federal Reserve Chairman may and may not do are clearly laid out in the Federal Reserve Act and other pieces of legislation.

Whether what they did, and what the Fed is still doing, is moral or in the interests of the people of the United States is another matter entirely.

Watching video clips where there are interviews about the relationship between Alan Greenspan and the Federal Reserve, Greenspan always seems ill at ease and he continually tries to explain that the Fed is a law unto itself.

He does not seem particularly intelligent, incisive, or well-informed either.

Alan Greenspan comes across as a neutral spokesman, a sort of high-grade academic who has been thrust into a public relations role.

History will show he was merely a lowly puppet of the financial leaders of the United States and the world, and hardly worth a historical footnote.