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  • Format: ePub

The text explores the changes in Americas internal power structure after the establishment of the Federal Reserve System in 1913. It acts as the central bank of the country but is a foreign body by its origin, conduct, and lack of normal affiliation with the constitutional bodies of power: Congress, Government, and the Judicial. It allows the institution to openly ignore the formal mandates given it by the Federal Reserve Act of 1913, allowing it to act independently and without accountability for its acts and their consequences. By all evidence, it is the ruling power of the country in…mehr

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Produktbeschreibung
The text explores the changes in Americas internal power structure after the establishment of the Federal Reserve System in 1913. It acts as the central bank of the country but is a foreign body by its origin, conduct, and lack of normal affiliation with the constitutional bodies of power: Congress, Government, and the Judicial. It allows the institution to openly ignore the formal mandates given it by the Federal Reserve Act of 1913, allowing it to act independently and without accountability for its acts and their consequences. By all evidence, it is the ruling power of the country in domestic and also foreign matters. Its independence in policy setting and implementation has put it on a direct collision course with its historic purpose, yet without any official inquiries or questions asked. Its imperial behavior leaves the proud and powerful American nation in a status equal to a colony of its former British masters.

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Autorenporträt
Born in Germany in 1933, the year Hitler assumed his fateful power. First and secondary education in Europe and the U.S. Academic fields of interest: economics and political science. Studies concluded with a Dr. rer. pol. degree from Graz University, Austria, 1959. A 24-year business career in marketing and general management positions in the international pharmaceutical industry of the U.S.A, Western and Eastern Europe followed from 1959-83. A career change started a 22-year position in Academia. Courses taught at Western Illinois U. covered international marketing and general management courses between 1983 and 2006, the year of my retirement. Now, in the emeritus position.