Merkel Blasts Fed, in Today's News 06.03.09

Merkel Blasts Fed.  Today's WSJ features a major front-page headline "Germany Blasts 'Powers of the Fed.'"  From the article, "German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the ground work for another financial blowup." 

Actually, Merkel is mainly critical of the Fed and the British central bank.  "Ms. Merkel's critique jibes with statements from Axel Weber, the head of Germany's Central Bank and a member of ECB's 22-person Governing Council."

If ever there was an employee of the Rothschild's, Merkel is it.  So when a Rothschild key player attacks key Rothschild entities (the central banks), one might wonder what is going on.

On one level, there is not much going on.  It is a simple dispute about which tactics best serve the master family.  Merkel likes her German central bank (also controlled by Rothschild) and is here tooting its horn, as she is sometimes wont to do.  This is not the first time she has expressed these sentiments, but for reasons best known to the WSJ, the WSJ chose to feature her remarks today.

On another level, things get more interesting.  Merkel, in the past, has been a strong advocate for a world-wide central bank and centralized banking regulations. Merkel's critique merely poses a problem that requires an answer.  Is the world to have different national banks with different policies?  Is there no way to resolve such differences?  And the answer is: Well, yes there is, if we only had a world central bank to set policy and resolve disputes, and to make the world a better place.

The propaganda never ends.  The Rothschild interests and others will keep it up until they get what they want.  The world is now at the first stages of the creation of a world government, world banking, and a world currency.  Quite a bit more of preliminary activity is still required, but those who favor world government are helping lay the basis for the change by presenting the need for world government at any opportunity.

POSTSCRIPT 06.05.09.  Rothschild employee Bernanke, Chairman of the American Federal Reserve, made remarks to Congress on the need to reduce the federal deficit one day after Rothschild employee Merkel's remarks discussed above. Taken together the remarks seem to indicate a change of emphasis by the world's ruling families.  Gone are the days of freely generating money, throwing it at every 'problem' available, and piling up unprecedented debts.  Many of the goals that the ruling families wanted to pursue during the economic crisis have been accomplished.  Now is the time, therefore, for a little fiscal restraint, moderating the money-generation machine, and cutting costs.  Merkel and Bernanke often speak first on the desires of the ruling families, and so they have done here.