The Fed and the Power Elite

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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.

7:03 pm on November 21, 2009