The Intelligent Design Groupies Take Over The Money Supply!

This post was written in answer to the question: "What happens when you assume there is a fairly idiotic government which sees it proper to appoint people well versed in Intelligent Design Theory to oversee the Space program and to appoint professorial hacks with no real world experience to the Federal Reserve?" The Federal Reserve system was created on or about 1913 and immediately went on to create the Boom Times of the Roaring Twenties. This was followed by a minor correction called the Great Depression. It also created the Boom and Bubble times of the 1990's and 2000's. No problem there. During this time, President Clinton oversaw the repeal of the Glass-Steagall Act which prevented banks from profiteering in securities markets. Leading up to the time of this idiocy, President Reagan had overseen the bizarre economy which lowered taxes and borrowed money for government spending, all because "deficits don't matter."! Sometime around this era, Banks were allowed to become subject to Hypertrophy, growing beyond all bounds, instituting nation-wide systems...all to ensure that if a banking crisis occurs in the future, it will be the Mother of All Banking Crises! In the present situation, there are trillions of $ of losses of present and future losses which must be absorbed into the financial system. Since Wall Street, The Federal Reserve, and the Value of The Dollar have all become as corrupted as the "talking heads" on cable tv; since they have become willing stooges of politicians who are venal, ignorant, and corrupt, it is reasonable to assume that a minor correction is coming. By the way, the 1920's gave rise to the Great Era of Crime: Capone, Torrio, Weiss, Dillinger, et alii. Bonnie & Clyde robbed banks. In 2007, the FBI reports that bank robberies increased 40% in fiscal year 2007. The FBI solved 75% of bank robberies in 2003. In fiscsal year 2007, it solved 50%. Welcome to Paradise.