Showing posts with label Federal Reserve. Show all posts
Memes are ideas; for all intents and purposes at least. I'm simplifying an incredibly interesting and deep field of study, however, for my purposes, a meme is an idea. An idea that can spread throughout a population both vertically (from parent to child) or, and more importantly, horizontally (from person to person). Even if you're not familiar with the terminology, you are familiar with the concept:
Rebecca Black's Friday. YouTube videos of pandas sneezing. All that junk email you keep getting from semi-distant family members insisting that the President is a Muslim, or a communist, or the anti-Christ Those are all memes. They are silly or stupid memes, but at the end of the day, they are ideas that spread throughout a culture and end up affecting all of us.
Those are silly memes. Ones that do not really matter but make for an easy example. Occupy Wall Street is a meme. So was the Tea Party movement. Lack of trust in our government is a meme; it is always present in some shape or form throughout society yet that particular meme really began to spread virally in the late 1960's and early 70's. (Forgive my US centric focus, international readers)
The concept of memes is really fascinating to me. Richard Dawkins coined the phrase in his book The Selfish Gene where he goes into great detail discussing the biological similarities of memes.
What I am most interested in is why certain ideas do not take off. Why do some memes come and go quickly, seemingly intoxicating the entire world for a brief moment and then instantly fading into the abyss? While other memes, like a distrust of government, spread until they infect every possible person.
Recently, I've begun to talk more and more about the partial audit of the Federal Reserve in my daily life. This is due to the fact that last week was Thanksgiving and I spent the majority of time with a family that has a knack for talking, and partly due to the fact that I'm no longer completely surrounded by high school freshman. You're great kids, but your understanding of governmental organizations and international economics is seriously lacking.
I mentioned the audit briefly in my summary of Occupy Wall Street a few weeks ago. To summarize:
In mid-2011 the Government Accountability Office (GAO) released their report after a partial audit of the Federal Reserve. This was the first audit, of any kind, of the Fed since the 1950s. The report found that over a period of three years (Jul 2007-Dec 2010) the Fed had authorized $16.1 trillion- yes, with a "t"- in secret loans to banks and financial institutions, both foreign and domestic. It also discovered and outlined numerous problems with the personnel serving on the Board of the Fed while also occupying high-ranking positions in the financial sector. For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed.
These unregulated, unmandated loans were given at 0% interest to nations and corporations with absolutely no representatives from the United States Congress having approved them, at least publicly. There were no votes or discussions. This is entirely separate from the TARP bailouts. Speaking of, the TARP bailouts cost about $800 billion. I'm sure you remember all the political bantering and news commentators commenting oh so vigorously when the TARP bill was being debated in Congress. Yet, all the while the Federal Reserve, mainly through the New York branch, was giving out $16 trillion in loans.
Now personally, I don't think you could write a better story if you were James Patterson. Big Whig, old boys club gives out trillions of dollars to their 1% buddies all while the nation at large goes through the worst recession since the Great Depression and unemployment hangs around ten percent. It is a story made for the movies, with evil corporations, massive lies and insane corruption.
Yet, no one is talking about it. As I attempted to explain to my father over Thanksgiving dinner his main response was, "That doesn't make sense. I would have heard about it." He's not whistling dixie either, he reads and watches a lot of news. Every day he checks his websites and every night he flips between FOX and MSNBC.
| Those numbers are in Billions. So 16 thousand...billions. |
So I did some digging, complete with pictures for your entertainment.
MSNBC.
CNN
Nothing. Not one story about the audit of the Federal Reserve. If you type in "partial audit of the federal reserve" into Google there is nothing but blogs reporting on the issue. No major network coverage at all. And I can't explain why. The story is too good, the meme has too much potential, yet I have absolutely no idea why nobody is talking about this.
This is what an insane person must feel like. As if the entire world can't see a plain truth sitting right in front of them. It's baffling and confusing. $16 trillion dollars is more than our debt. More than our budget. More money than any human being can honestly wrap their head around.
So what is it that makes a meme spread? What takes an idea from infancy to mass acceptance. How come powerful memes never become fully realized? Is it being stopped by the ever-mythical "man." As per usual, I don't have answers, merely questions. Yet questions are potent in their own regard. They can inspire and spread. They can change perspectives and force us all to accept things we once rejected. A question can be a meme, spreading the mystery faster and farther until, hopefully, it reaches a point that can provide answers.
Hey, here's my sources:
GAO report
Senator Bernie Sanders Summary (the most official summary other than the report itself)
Washington Post (not on the money, but on CEO's sitting on the board of the Fed)
GAO report
Senator Bernie Sanders Summary (the most official summary other than the report itself)
Washington Post (not on the money, but on CEO's sitting on the board of the Fed)
- Comments Off • Category: 16 trillion, Bernie Sanders, Federal Reserve, GAO, government corruption, meme, partial audit of the federal reserve, Richard Dawkins, the fed, The Selfish Gene
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Occupy Wall Street is now a worldwide
protest that started in New York City on September 17th,
2011. I've kept my opinions in reserve as I watched this all develop,
but there are too many things going on that too many people are
missing to remain quiet.
Below I've pulled some of the most
watched videos about some of the events that have happened since
Occupy Wall Street started. I'll give a description as an intro and
give my opinion at the end while trying to remain as neutral as I
can.
The first video is one of the first
clips I saw. Protestors are netted off and a white shirt police
officer (Tony Balogna) approaches them and pepper sprays the crowd,
leaving two women on their knees screaming.
This particular video is slowed down
and highlights key points. I like it better because you can see what
is going on, in reality it all happens very quickly. The unedited
video is available on youtube.
The second video is of a marine
shouting down several police officers. It's long and repetitive yet
if you stick around and watch the whole thing you'll notice that
there are dozens of officers that look ready to approach the crowd
and then do not.
The third video is of a group of people
getting arrested at a local (New York) Citibank. They were attempting
to close their bank accounts at Citibank. The bank locked them in the
store until police arrived and everyone was arrested. About half way
through the video you'll notice a woman outside is dragged back
indoors and arrested.
*Okay, bias coming, but I want to put
it out there before you watch the video. Notice the woman who is
picked up and dragged inside is being lifted by a man in plain
clothes. He is wearing a black sweatshirt with some white writing on
it and a black hat. This is an undercover police officer. Numerous eyewitness accounts say that this man was the loudest protestor
inside the bank, attempting to rile the crowd up, then-when everyone
was arrested and taken to the police station- he laughed in their
faces.
Personal Opinion
These videos are all shocking and have
had me on edge for the last few weeks. My general feeling on Occupy
Wall Street is that it's too incoherent to fully understand. Talk to
one person and they want to audit the Federal Reserve. Talk to
another and they want to end the stock market, or legalize
prostitution, or it's just a great party.
There's no leadership or structure.
It's a hodgepodge of random people, probably started by college-aged
adults, but certainly no longer limited to that segment of the
population.
At this point the movement, at least to
me, seems to be a collection of people who feel as if something is
wrong with the way this country operates. And I wholeheartedly agree.
The Federal Reserve was recently partially audited and it was revealed that $16 trillion (Yes,
with a "t") had been given out to US banks, corporations,
and foreign banks between 2007-2010. That's more than our debt, more
than our GDP, more than any budget being debated by congress. And you
didn't have the slightest idea it was happening. Nobody did. Too many
people still don't know.
The Worst Part
Occupy Wall Street is being attacked by
the wrong people. Cops are not the enemy, at least most of them are
not. Most police officers are hardworking individuals trying to do
their jobs. However, when a bank, JP Morgan, donates $4.6 million to the NYPD- some higher-ups in the PD may start giving directions a
little one-sided. This isn't a mystery either. There was no Woodward
and Bernstein who found some secret accountant with all the dirty
details. During the Occupy Wall Street protests, JP Morgan publicly
announced they were giving the NYPD $4.6 million dollars. The next day 700+ people were arrested on the Brooklyn Bridge.
If this was Batman, Falcone just bought
the Gotham Police. (Sorry, playing a lot of Arkham City lately).
The Best Part
Nothing like this has ever happened
before. The internet makes it possible for any person to see a
situation from multiple perspectives. So when the New York Times
changes the front page article on the arrest of 700+ protestors, you
can find out why.
A few google searches and youtube
videos will lead you to an interesting couple of stories about how
most protestors (including reporters on the ground) felt they were
being lead by police officers onto the Brooklyn Bridge. Then the cops
stopped, turned around, and arrested 700 people. The act is called
kettling. You may better know it has herding or corralling.
Everyone can see the differences in
people's stories. You can see where things are inconsistent and make
up your own mind. There are thousands of videos that provide
first-hand accounts as to what is actually happening.
I honestly don't know how I feel about
everything. The main thing I feel is nervous. This is exactly how
revolutions start. I'm not afraid- that would come much later and in
a much worse situation. I'm on-edge though. I feel like something big
could happen. Something monumental.
I don't know if I, or anyone, is ready
for that.
- Comments Off • Category: audit, Citibank arrests, Federal Reserve, kettling, Marine shouts down cops, Occupy Wall Street, OWS Anthony Balogna, Pepper Spray, police brutality, revolution
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