Here is a link to a video posted over on my Behind The Fed website entitled: Bill Moyers' PBS Interview On The Fed Banksters

Bill Black, a regulator during the S&L crisis, answers "why" the current banking crisis was allowed to develop to the point of collapse. When asked why something was not done, even when the FBI warned as far back as 2004 that a collapes was eminent, here is a part of his answer.

After 911, the Justice Department transfers 500 "white-collar" specialists in the FBI to national terroristm. The Bush administration refused to replace those specialists. Even today, there are one fifth as many FBI agents as there were in the S&L crisis in the 80's, even though this crisis is a thousand times larger than the S&L crisis.

I have always stated that 911 was "allowed" to take place by the powers that be AS AN EXCUSE to create Homeland Security (the equivalent of the German Gestapo) and further strip Americans of their freedoms.

Now it seems there has been another benefit derived for the power elite from 911. It provided them a way to avoid regulation of their illegal ponzi schemes right up till the point of collapse.

I would like to remind you that it was a Republican White House, Senate and Congress who turned a blind eye to this growing problem.

We live in a one-party, two-headed system that is controlled by a few powerful behind-the-scenes men that are bent on destroying America, and they have the money, influence and ruthlessnes to succeed.


"Some of the biggest men in the United States in the fields of commerce and manufacturing are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.” Woodrow Wilson read more