What was Osama Bin Laden’s interest in Federal Reserve?

Actually the question should have instead been “Why wouldn’t Laden be interested in Fed”? Given how he and his team masterminded  US destruction, knowledge of Federal Reserve would have been crucial. As Fed controls the financial matters not just in US but across the world as well, know how of the same would have been crucial. That is a different story on whether he knew the Fed really well or not.

So this post shows how Osama’s library has a book on Fed:

Osama bin Laden’s bookshelf included dozens of books about American power, the war on terrorism and Islam. Among them was a tract by an antisemitic author who harbored conspiracy theories about the Federal Reserve.

The Office of the Director of National Intelligence on Wednesday released the listof hundreds of books, reports and other documents found during the 2011 raid on bin Laden’s compound in Pakistan. Several of the items had economic themes.

Among the documents was a letter “to the American people,” in which bin Laden says the U.S. war against al Qaeda hurt the dollar. “How will you win a war whose cost is like a hurricane blowing violently at your economy and weakening your dollar?” he wrote. (In fact, the dollar did weaken after the war began, though a more experienced financial analyst might attribute that to the effects of a recession and global economic conditions. Of course, the Fed also had a hand in the dollar’s drop.)

Among the longer works in bin Laden’s compound: “Confessions of an Economic Hit Man,” a 2004 book in which economist John Perkins presents theories about how the world economic order is driven by U.S.-based institutions such as the International Monetary Fund and World Bank.

“The Secrets of the Federal Reserve” grew out of work that its late author, Eustace Mullins, said was commissioned in 1949 by the poet Ezra Pound, who backed fascists in World War II and was later held by the U.S. in a Washington mental institution. (Mullins, like Pound, published fiercely antisemitic work. He also was a Holocaust denier.) In his book on the Fed, Mullins conveys some familiar attacks on the U.S. central bank, its origins and its structure.

From the book’s foreword:

“I have sounded the toxin that the Federal Reserve System is not Federal; it has no reserves; and it is not a system at all, but rather, a criminal syndicate. From November, 1910, when the conspirators met on Jekyll Island, Georgia, to the present time, the machinations of the Federal Reserve bankers have been shrouded in secrecy. Today, that secrecy has cost the American people a three trillion dollar debt, with annual interest payments to these bankers amounting to some three hundred billion dollars per year, sums which stagger the imagination, and which in themselves are ultimately unpayable. Officials of the Federal Reserve System routinely issue remonstrances to the public, much as the Hindu fakir pipes an insistent tune to the dazed cobra which sways its head before him, not to resolve the situation, but to prevent it from striking him.”

The book is 208 pages in hardcover, 224 in paperback, and posted in full as a PDF online. No word on whether bin Laden actually read any of it.

Hmmm.. might be an interesting read..

 

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