Fed acts Sunday to prevent global bank run Monday

""The main thing is that they [Fed and Treasury] are really really scared. Telling us that everything is great is an insult to intelligence. They should own up to it and talk seriously to people," Baker said.
Peter Morici, a professor of economics at University of Maryland, criticized the Fed for not imposing meaningful conditions on the financial institutions that it is providing cash.
As a result, banks continue to impose onerous conditions on their innocent customers, he said.
"Today's moves by the Federal Reserve are the desperate acts of failing men," he said. "

http://www.marketwatch.com/news/story/fed-acts-sunday-prevent-global/story.aspx?guid={43265631-1656-4697-8377-55F05D859B76}
***************************

Blog readers may ask what does the collapse of a bank and the Fed's attempt to prevent 'runs' on banks have to do with Otero County? Think of it this way: the American Middle Class is disappearing. A number of dynamics are in play that are forcing people out of their homes in the United States. On the state of global economics, govenments are accumulating debt and collateralizing that debt with land. Populations that live in these collateralized regions are essentially becoming slaves to economic consolidation of the world's economy by a greedy group of globalists. Who are these globalists and what is their agenda? The 'globalists' are individuals who have the ability to manipulate world markets, national sovereignty, and the futures of the world population. The agenda is to secure the world's resources and markets to serve a small and dangerous group of globalist billionaires who see you, your children, and your grandchildren as the worker bee's who provide the labor, see little for their labor, and essentially will own only what the globalists will allow them to own. The United Nations, UNESCO, the European Union, the Federal Reserve in the United States, the oil producing nations, and nations signing on to the Law of the Sea Treaty are in the process of taking the concept of macro economics on a global scale and morphing it into mico economics where only a few will maintain their opulent standard of living and the rest of the world will live under re-distribution of the wealth. If you think this is a conspiracy or lunacy, then you are the conspiratorial loon. From World Heritage Site designation, illegal immigration, to NAIS, to wolf reintroduction, to trans-boundary water treaties, to environmental regulations and restriction on land usage, to the diminishment of manufacturing in the United States, we are being reduced to global slaves serving the elite masters. This blog contains the information to educate the reader on why this is happening, how and why this 2008 Presidential election is already lost to globalist candidates.