Jeffrey Immelt

GAO Audit of Federal Reserve Reveals Strong Conflicts of Interest

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The Government Accountability Office has completed their audit of the Federal Reserve. Guess what the GAO found? Conflicts of Interest. It seems the Banksters are sitting on the Federal Reserve board, supervising their own institutions. The fox is guarding the hen house in other words. One of the most damning GAO discoveries is the timeline of Goldman Sachs turning into a holding bank and a Goldman Sachs board of directors, Stephen Friedman, also serving as the New York Federal Reserve chair.

This is What Happens When a President Outsources Job Creation to Multinational Corporate Executives

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one trick ponyMultinational corporations are one trick ponies when it comes to their agenda. By hell or high water they want to offshore outsource jobs and have controlled, unlimited migration per their globalization agenda.

It should be no surprise when putting these same greedy bastards in the White House who outsource, they publish a faux job creation agenda. Such is the case of the latest report.

Instead of hire America, buy American or a manufacturing policy, we get these multinational's typical labor arbitraging agenda wish list. The corruption is so bad, literally corporate lobbyists' economic and statistical fiction is used in this report. Probably the most debunked economic fiction spinner of them all, the NFAP, is used. The NFAP is also these very multinational's personal white paper spin machine.

Guess what folks, labor arbitraging U.S. professionals does not create jobs, it loses jobs. The statistics show it and anyone with a 2nd grade education would know this to be true. You fire people, that is a job loss, not a job gain as this jobs agenda report tries to claim.

The GE Deal

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To add credibility to rhetoric, and to provide a measure of substance to minor accomplishments, politicians often cite relatively insignificant numbers and data to boost support. The most recent claim of success is being lauded today in Schenectady, N.Y., birthplace of the General Electric Co., to showcase a new GE deal with India, and to announce a restructured presidential advisory board to focus on increasing employment and competitiveness.