Obama Appoints Defense Contractor to the Federal Reserve

Obama Appoints Defense Contractor to the Federal Reserve

Barack Obama should really be running for the Republican Nomination in 2012 after nominating the former President of the largest defense contracting firm Jerome Powell. Mr. Powell formerly worked for ex-President George Bush as an under-secretary in the Treasury for finance. Mr. Jerome Powell would have been aware of the Wall Street meltdown and the schemes of Wall Street well before the meltdown occurred in 2008.

This is the same Carlyle Group that makes money on wars, and is party to the military industrial complex that actually runs this country’s role in policing the world for their own financial gain.

Jerome Powell

The Carlyle group is a well known, huge private equity firm that raises money from wealthy billionaires and then takes ownership of companies. They often have control of privately owned companies that are not subject to SEC laws and therefore the investors are not really obliged to reveal their profits.

This large corporate raider of Washington DC, a group that buys companies for dirty cheap, obtains controlling shares, turn the company around and sell it off for a huge profit is well known as party to the inner circles, backroom deals and decisions that are made with taxpayers dollars.

Similar to the Bain Capital group run by Mitt Romney, a corporate raider group and well received on Wall Street.

Caryle invests in large aero-space companies and is worth billions of dollars and their chief guy is Frank Finelli seen in the video. He calls it a global private equity merchant bank and claims he does leverage buying and venture capital investing relating to defense than any other company in the world.

Obama Appoints Defense Contractor to the Federal Reserve

In this video Frank Finelli, a mysterious employee of the Carlye group,  also talks about the military spending pie

“either the size of the defense pie gets bigger or the slice of the pie gets bigger”.

In this video in 2004 the Carlyle group is very much invested in the US Department of Defense military budget which was only 379 billion dollar back then.

In 2012, President Obama lifted that budget to 1 Trillion Dollars for defense spending almost triple the amount 8 years ago and we are technically not at war with any country.

All this military expense is going to profit companies like the Carlyle Group and many others in the defense contracting business which is the only industry experiencing a boom every year – on the tax payers dime.

Just to give you an idea of who’s who in the Carlyle Group the other major investors of this company are: The Bin Laden Family, The Saudi Royals, the former SEC Chair Arthur Levitt, Secty of Defense Frank Carlucci, Secretary of State James Baker and former Clinton staff Mack McLarty.  Some of the very biggest names of politics and business in the power broker group.

The several former Secretaries of Defense listed here are also investors of a group that receives billions from the US military budget in a murky lobbyist type relationship with members of the government including ex-Presidents.

Now President Obama nominates one VIP of the Carlyle group to help run the Federal Reserve?  Mr. Powell was hired for at the Federal Reserve to be on the Board of Governors.

More investors are listed here from Michael Moore’s Fahrenheit 9/11

President Obama once again continues on with the same players as George W. Bush used, nominating a partner in the Carlyle Group to be placed in the Federal Reserve is very convenient for the Caryle group.

The Carlye Group- part of the Large Industrial Military Complex

Part 2- Pulling Back the Curtain

These are the investors in the military industry, the people that make money on US soldiers blood, that destroy countries and that wage war for profits.

These are the people that have stolen incredible wealth from the American taxpayers and why the United States will go bankrupt pretending to defend the world’s countries from terrorists.

The Washington Official Press Release:

December 27, 2011

President Obama Announces Intent to Nominate Two Individuals to the Board of Governors of the Federal Reserve System

WASHINGTON, DC – Today, President Barack Obama announced his intent to nominate the following individuals to the Board of Governors of the Federal Reserve System:

  • Jerome H. (Jay) Powell, Governor, Board of Governors of the Federal Reserve System
  • Jeremy C. Stein, Governor, Board of Governors of the Federal Reserve System

President Obama said, “I am grateful that these individuals have agreed to serve their nation at this important time for our economy.  Their distinguished backgrounds and experience coupled with their impressive knowledge of economic and monetary policy make them tremendously qualified to serve in these important roles.”

White House Statement can be read in full at : The Embargo Zone