November 21, 2009
The Fed and the Power Elite
Posted by Charles Burris on November 21, 2009 07:03 PM
Lew is precisely on-target emphasizing the importance of libertarian class analysis (or power elite analysis) when examining the Fed and the catastrophic debacle it has created. This is exactly the course of action I urged last Thursday evening in a panel interview program with Sandra Crosnoe, Ryan Underwood, and Bobby Kessler on RepublicMedia.TV concerning Sunday’s nationwide series of End the Fed rallies in cities across the country.
It is a theme I have repeatedly stressed in my articles at LRC. Knowledge is power. Empower yourself by learning about libertarian class analysis and how it impacts specifically upon the Federal Reserve and the parasitical elites which benefit from this leviathan within our midst. Begin with Murray N. Rothbard’s amazing audio presentation on the Fed and the Power Elite.
Then examine four crucial ground-breaking articles on this subject: “Libertarian Class Analysis” by Sheldon Richman, and three seminal studies by Rothbard: “The Anatomy of the State,” “Wall Street, Banks, and American Foreign Policy,” and “The Origins of the Federal Reserve.” Matt Taibbi’s LRC archived articles on Goldman Sachs are also exemplary models of this type of analysis.
[special thanks to Charles Burris for being on the RMTV/CLC panel and for the post on LRC as well – sharing here for all to see and make a note of the important references too!]