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What 60 Minutes Didn’t Tell America About The Fed, Bernanke & Israel, et al.

By Ralph Forbes

In a rare direct message to the American people, Federal Reserve chairman Ben Shalom Bernanke, arguably the most powerful man in the world, appeared on CBS TV’s 60 Minutes, March 15, and echoed a folksy version of his March 10th, speech to the CFR (Council on Foreign Relations) insiders to defend government giveaways in a sweetheart softball interview that portrayed the Fed as a blessing, a savior that provides “billions in profits” to the U.S. Treasury—and painted Bernanke as a “middle class, main street” genius who has the average American in his thoughts.

Here are a few things 60 Minutes forgot to mention:

Here are a few articles I submitted to AFP. Naturally, there isn’t enough room in the paper to run all of them. Even the ones AFP chooses will be edited—usually shortened and improved. The Facts revealed might make you sick—but I hope the knowledge that MILLIONS of us are at last waking up—things are so bad that even Joe Sixpack is getting up off his couch or Lazy-Boy—that you will be encouraged to join me and all the others to make our Nation and world whole and Healthy. rpf

Bernanke NO! Ve are above the laws
Mayer Amschel Bauer Rothschild

On March 3, 2009, With One Word, Bernanke Revealed Who In fact runs the Country:

   Senator Sanders: “Will you tell the American people to whom you lent $2.2 trillion of their dollars?”

   Ben Bernanke: “NO!”

Paul M Warburg

The Fed is a private business that hijacked the American economy in 1913 with an anti-American, uncon-stitutional conspiracy orchestrated by Paul M. Warburg,[Rt] -> et al, following

“GIVE ME CONTROL OF A NATION’S MONEY
AND I CARE NOT WHO MAKES ITS LAWS.”

Bernanke claimed he was “outraged” that AIG (American International Group), the insurer that took in more than $170 billion in taxpayer bailout money from Bernanke plans to pay about $165 million in bonuses to executives in the same business unit that brought the company to the brink of collapse last year.

BERNANKE’S GIVE-AWAYS BENEFIT ISRAEL, NOT THE AMERICAN PEOPLE

Real estate prices are not falling in Israel . . .

Even experts can’t tell how much of Bernanke’s bailout/handout to AIG is financing Israeli mortgages & ethnic cleansing of Palestinian Christians and Moslems.

“THE U.S. GOVERNMENT TAKEOVER OF MORTGAGE GIANTS IS GOOD FOR ISRAELI BANKS.”

AIG owns a company in Israel called Ezer Mortgage Insurance (EMI). EMI will insure/finance up to 95% of a private Israeli mortgage.

It’s easy to buy a house in Israel when EMI (a member of AIG, American International Group) makes up to 95% financing possible!

EMI sets the premium as a function of the LTV (Loan To Value ratio) and the term of the loan. As a rule of thumb - for every $100,000 of a loan taken by a borrower, the borrower only pays an additional $25 a month.

“The structural change announced by AIG and the US government will not affect the activity of AIG Israel,” said AIG Israel Insurance Company CEO Hava Friedman-Shapira. She added, “There has been no change in the business of AIG Israel, because, since the day it was founded, it has operated in the framework of American International Underwriters (AIU), which operates as an independent international division of AIG.”

AIG’s EMI – Ezer Mortgage Insurance Company Ltd. is the only insurer in Israel that specializes in mortgage guaranty insurance, which protects mortgage banks from monetary losses due to borrowers’ insolvency. EMI supports the Israeli mortgage market by reducing the down payment required for purchasing an apartment from 30% to only 5%. The company has insured all of Israel’s mortgage banks since 2003, as well as the Clal insurance company.

In transferring the risk of low-down payment loans to EMI, mortgage banks are able to grant borrowers mortgages at up to 95% LTV (loan-to-value) ratio, without guarantors. High-LTV financing has become a legitimate and popular source of financing in Israel, with EMI today insuring annually some 14% of all new loans provided by banks in the Israeli mortgage market.

United Guaranty Corporation of Greensboro, N.C,--a hop, skip and a jump from Bernanke’s sleazy “South of the Border” “work experience—a member company of American International Group, announced an investment in EZER Mortgage Insurance Ltd.--the first mortgage insurance company in Israel.      - >

NO! Ve Make da Lahzzz.

the dictum of Mayer Amschel Bauer Roth-schild, [Left] who declared: