The Fed To Take Propaganda To The Schoolroom

The Fed To Take Propaganda To The Schoolroom Will Teach Grade 8-12 Students About Constitutionality Of… The Fed Tyler Durden Zero Hedge March 13, 2012 Back in September we noted a peculiar RFP by the Fed which sought to become a secret ‘big brother’ to the social media world, and to “monitor billions of conversations and generate text analytics based on predefined criteria.” The Fed’s desired product should be able to “determine the sentiment of a speaker or writer with respect to some topic or document”… “The solution must be able to gather data from the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc.” Most importantly, the “Listening Platform” should be able to “Handle crisis situations, Continuously monitor conversations, and Identify and reach out to key bloggers and influencers.” While it is unclear just how successful the Fed has been in eavesdropping on various critical blogs, and divining “sentiment”, it now appears that the propaganda masters at the Office of Central Planning have decided to go for young American minds while they are still pliable. It appears that as part of its reenactment of Goebbels “economic education” curriculum, the Fed will now directly appeal to K 8-12 student, in which it will elucidate on the premise of “Constitutionality of a Central Bank.” You know – just in case said young (and soon to be very unemployed) minds get ideas that heaven forbid, the master bank running the US is not exactly constitutional – you know, that whole thing between Andrew Jackson and the Second Bank of the United States…

And in case one is wondering what dogmatic propaganda their children will be filled with, here is the course outline.

Lesson Description The Constitution of the United States outlines the basic principles of the U.S. government. This lesson focuses on the express and implied powers of Congress and the power of the Supreme

Court to decide whether a law is unconstitutional. In this lesson, students learn about McCulloch v.

Maryland, a case decided in 1819 over (1) whether the state of Maryland had the right to tax the Second Bank of the United States and (2) whether Congress had violated the Constitution in establishing the Bank. Students also review the expressed powers of Congress identified in the Constitution and analyze how Congress implements the necessary and proper (elastic) clause to enact its expressed powers. Finally, students use their knowledge of McCulloch v. Maryland and the necessary and proper clause to consider the constitutionality of the Federal Reserve System.

Concepts Expressed powers Federal Reserve Act Fiat money Implied powers Necessary and proper (elastic) clause Precedent Value of money [ZH: lol] Objectives Students will: define expressed powers, implied powers, precedent, fiat money, the Federal Reserve Act, the necessary and proper (elastic) clause, and the value of money; cite examples of the expressed powers granted to Congress in Article 1, Section 8 of the Constitution; explain the meaning of the necessary and proper (elastic) clause; explain the significance of the McCulloch vs. Maryland Supreme Court case; and give examples of the implied powers necessary to implement various expressed powers.

Yet the oddest thing about the lesson plan is visual #4. It speaks for itself: scribd.com documents below copy and paste http://www.scribd.com/doc/85075194/Constitutionality-of-Central-Bank

Fed to Launch QE3 by End of Summer, Pento Says Bloomberg March 13, 2012 COMMENT: While our regular experts have all pointed out that QE3 is de facto happening whatever they call it, the world was reassured only two weeks ago that something like QE3 wasn’t around the corner… and here they are saying it is all but imminent.

Michael Pento, president of Pento Portfolio Strategies, talks about the prospects for further quantitative easing by the Federal Reserve. He speaks with Alix Steel on Bloomberg Television’s “In the Loop” from the Bloomberg Link Precious Metals Conference in New York.

Expect A Quiet Fed Meeting, But $500B QE3 Is Around The Corner Forbes March 13, 2012 While the Fed isn’t expected to announce any new policy action on Tuesday, the FOMC will probably hint at further easing which shouldn’t be too far away.

Labor markets remain depressed, despite a couple of months of solid jobs growth, and housing prices continue to tread lower. This should prompt the Bernanke Fed to deliver an “insurance ease” to keep the fragile recovery on track and hedge itself ahead of fiscal headwinds and external shocks, according to Nomura’s fixed income research team.

On the much commented issue of sterilized bond buying, Nomura’s analysts note it’s essentially an “academic issue.” Bernanke & Co. will probably favor sterilized QE, though, in order to appease inflation hawks and keep a lid on oil prices.

Read full article Money, Banking and the Federal Reserve (HQ) http://www.youtube.com/watch?v=YLYL_NVU1bg Creature From Jekyll Island Second Look at the Federal Reserve http://www.youtube.com/watch?v=Dba9OY0QatU