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The Deep State's Grip on Wall Street

The Deep State's Grip on Wall Street

Apr 17, 2024
Politics

The Deep State's Grip on Wall Street

The covert mechanisms by which the deep state manipulates the United States economy have been brought to light. This week, journalists, including James O'Keefe formerly of Project Veritas, have unearthed a scheme where privileged information from the Bureau of Labor Statistics (BLS) has been leaked to select Wall Street firms. This elite group, numbering around 50, received advance economic statistics and explanations of new Consumer Price Index (CPI) methodologies, information that could significantly impact financial markets and policy decisions.

Bloomberg

The BLS, typically a nonpartisan entity tasked with providing economic data, appears compromised, potentially catering to private sector interests. The implications of this are vast, as early access to economic indicators like the CPI could enable these firms to capitalize on market movements, akin to the plot of the 1980s film "Trading Places." This scenario suggests a breach of trust and a conflict of interest within the BLS, as the possibility of lucrative private sector jobs post-government service could incentivize officials to leak such sensitive information.

In a separate but equally disturbing disclosure, a senior economist at the Federal Reserve was caught on a hidden camera divulging that the Federal Reserve, under the leadership of Jerome Powell, deliberately manipulated economic policy to thwart former President Donald Trump's agenda and to prevent his political resurgence. This admission undermines the Fed's purported apolitical stance, revealing a partisan bias that could shake public confidence in the institution's ability to manage the economy impartially.

The Federal Reserve, an unelected body with substantial influence over the economy, is expected to operate with minimal public oversight and political interference. However, the leaked footage suggests that personal and political vendettas may have influenced decisions that have far-reaching consequences for the nation's fiscal health.

These revelations bring into question the constitutionality and the very existence of economic regulators like the Federal Reserve and the BLS. Critics argue that such institutions, which are not explicitly justified in the constitution, should not be funded by taxpayers nor entrusted with the power to steer the economy.

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