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Don’t Worry, The Federal Reserve Just Wants To Be Your “Online Friend”

According to CNBC, the Federal Reserve “is planning on monitoring what you say about it on social media platforms like Twitter and Facebook”.  Apparently we are not supposed to be alarmed though, because as the CNBC headline states, the Federal Reserve just “wants to be your Facebook friend“.  In fact, the CNBC article says that anyone that feels threatened by the fact that the Federal Reserve will be monitoring what we say on Facebook and Twitter is just “paranoid“.  Well, if it came out that Barack Obama was setting up a system that would identify “key bloggers” and monitor “billions of conversations” on the Internet to see what was being said about him, wouldn’t there be thousands of articles expressing outrage?  Sure there would be.  The Federal Reserve is supposed to be an independent central bank that is above politics.  So why in the world would they need to perform “sentiment analysis” on what is being said about them on “Facebook, Twitter, Blogs, Forums and YouTube“?  The Federal Reserve obviously intends to identify the negative things that are being said about it and the specific people that are saying those things.  So is it really being “paranoid” to point out that all of this is more than a little bit creepy?

The other day, this story about the new “Social Media Monitoring Solution” that is being developed by the Federal Reserve was first broken by Zero Hedge.  Then I wrote about this story on The Economic Collapse and a lot of other bloggers started writing about it too.

Well, it turns out that somebody must have hit a nerve or something. Just check out what CNBC had to say today….

Although the Fed claims its move into the social realm is so that it may better monitor its public perception, some of the paranoids of the blogosphere are screaming Big Brother.

“Said otherwise, the Fed has just entered the counterespionage era and will be monitoring everything written about it anywhere in the world,” Zero Hedge writes.

The Economic Collapse blog goes even further.

In other words, the Federal Reserve wants to develop a highly sophisticated system that will gather everything that you and I say about the Federal Reserve on the Internet and that will analyze what our feelings about the Fed are. Obviously, any “positive” feelings about the Fed would not be a problem. What they really want to do is to gather information on everyone that views the Federal Reserve negatively. It is unclear how they plan to use this information once they have it, but considering how many alternative media sources have been shut down lately, this is obviously a very troubling sign.

So should I be honored that a CNBC story is quoting me or should I be horrified that they are calling me one of “the paranoids of the blogosphere”?

Look, it is not unusual for a large company to be involved in “data mining” operations.  Data mining has become a billion dollar business.

But for the Federal Reserve to be so paranoid that it feels like it must monitor everything that is being said about it on Facebook, Twitter, forums and blogs is more than a little creepy.

Is it really irrational to question why our “independent central bank” wants to spy on what we are saying online?

Look, nobody can stop the Federal Reserve from tracking what all of us are saying about it on the Internet.  It is perfectly legal for them to do.  But it definitely does smell like something that “Big Brother” would do.

If the Fed wanted to “poke” me on Facebook or send me a few “tweets” on Twitter that would be fine, but all of this “eye in the sky” stuff is just ridiculous.

Someone needs to tell the Federal Reserve that if it has a “public relations problem” it is not because of a few half-crazed bloggers.

Millions of Americans really did get upset when the giant financial bubbles caused by reckless Fed policies resulted in the largest financial calamity since the Great depression.

Millions of Americans really did get upset when Ben Bernanke promised us over and over and over in 2005, 2006 and 2007 that everything was going to be okay and then the U.S. economy plunged into a horrific recession anyway.

Millions of Americans really did get upset when they learned that the Fed made trillions of dollars of secret loans to their friends during the last financial crisis.

The truth is that the Federal Reserve system is fundamentally flawed.

It is a perpetual debt machine that was designed to enslave the United States government to a mountain of debt that never stops expanding.

Right now, the U.S. national debt is more than 4700 times larger than it was when the Federal Reserve was created back in 1913.

So should we be thankful to the Fed for that?

But instead of engaging us in rational debate, the Fed apparently wants to chill our free speech by letting us know that we are being watched.

This is part of a disturbing trend that is rapidly growing in America.  Those in power want us to know that they are watching us so that we will not be so eager to speak out.

For example, a new website known as “Attack Watch” has been launched that will be gathering information on those that say “negative” things about Barack Obama on the Internet.

But sadly, it is not just those in power that are seeking to chill free speech.  Right now we are a nation that is deeply divided.  Everywhere you look, someone is engaged in political intimidation.  Some of the things that liberals say that they want to do to Tea Party activists are obscene enough to make a sailor blush.  Some conservatives say hateful things about Barack Obama and other top Democrats that are absolutely embarrassing.

Every single day “liberal” news outlets feed into the hatred that liberals have for conservatives, and every single day “conservative” news outlets feed into the hatred that conservatives have for liberals.

And if you think things are bad right now, just wait until we get closer to the 2012 election.  The hatred is going to grow to levels that we have never even seen before.

But this is the way that the elite like it.  They like us frothing at the mouth and totally engaged in the false left/right paradigm.

Meanwhile, our real problems go unsolved and the elite continue to strengthen their hold on this country.

Please wake up.  There are only minor differences between most Democrats and most Republicans.  Nearly every single one of them deserves to be voted out of office.

We need to speak up even louder and let the American people know that there are other choices.

They don’t have to be stuck with having to choose between the lesser of two evils.

All across America, millions of Americans are waking up to the reality that neither political party plans to balance the budget, neither political party plans to restore our civil liberties and neither political party plans to shut down the Federal Reserve.

We need fundamental political and economic change in America, and we are not going to get that from either the Republicans or the Democrats.

We desperately need for this country to fall in love with the U.S. Constitution again and to return this nation to the principles that is was founded upon.

That is not going to happen under Barack Obama, it is not going to happen under Rick Perry, it is not going to happen under Mitt Romney and it is not going to happen as long as the Federal Reserve is running our economy.

America is literally being run into the ground by “establishment Democrats”, by “establishment Republicans” and by the Federal Reserve.  Our current leadership has us on a path that will only lead to disaster.

Is this really the way that our story is going to end?

Or is America going to wake up and demand something better?

It is up to you America.

  • mondobeyondo

    With “friends” like these……..

  • mondobeyondo

    “…some of the paranoids of the blogosphere…”

    Michael, you’re moving up in the world! Must be a compliment that the mainstream media is calling you “paranoid”… I guess…

    • Michael

      Yeah it is kind of one of those “mixed blessings” I guess….

      Michael

      • nobody

        To paraphrase Gandhi….First they ignore you, then they fight you, and then you win. Congrats!

        Obligatory Fed reference: Hi, Bernanke! How much computer time did you waste reading this? *********** the Fed!

        • D Rant

          First they ignore you, then they laugh at you, then they fight you, then you win.

          • Guido

            “…then they fight you,”
            -And then they win.
            -Overton Window

      • Anthony

        Michael,

        I don’t agree with everything you say, but you do good work, and we appreciate it. Pretty mcuh anything the MSM says should be accepted as a reverse barometer of the truth, as they are very much part of the problem. All of them. Keep up the good work, and thank you.

        -Anthony

        • Michael

          Anthony:

          I don’t think anyone agrees with 100% of what I write. But I am glad that we can all share our points of view and learn from each other. It is okay that people don’t agree with me, and I hope people don’t get too offended when I don’t agree with them about certain things.

          I like the marketplace of ideas. Hopefully we all can continue to learn from one another.

          Michael

  • http://alwaysonwatch3.blogspot.com/ Always On Watch

    Orwell’s world has arrived.

  • Guido

    Umm, Michael, I don’t know you and I never heard of this Frederal Reserve thing, but it sure sounds good to me!

    By the way, please speak into the flower on my lapel…

    • Michael

      LOL

      That one made me smile :)

      Michael

  • Guido

    Zerohedge has been a scary source of information for me. I love to share their doom and gloom with my friends and family. It certainly sparks discussion, especially their gold talk article posted today about When Money Dies.

  • Bob marshall

    The Fed doesn’t have to worry. Most of America has been dumbed down by the coporate controlled news media.

  • JD

    Yeah the word is getting out that the FED is bad news. As for CNBC they have absoultley no credibility with me. Those jerks dont know what the market is going to do from day to day. Jim Cramer really gets on my nerves. He always talks up a stock and says we might slip into a double dip recession. He has no clue. Who saw the market dip today? I did. And so did anyone with half a clue. The market is behaving like a heroin addict going through withdrawls. And CNBC is always there to tell us we’re in recovery and whatever the FED does is good for it. No wonder they’re spewing this garbage that the FED is our friend. Well guess what Uncle Ben, I dont want to be your *************** friend. Youre destroying our dollar and killing us with inflation. You have no crediblity and youre an asshole that needs to shave. Thank you Im here all week.

    • http://www.givingfreedomplan.com Cathleen

      This post was excellent!

  • http://elevationgroupvideo.com The Elevation Group

    Why would anyone say anything bad about a bankers who gave away 16 TRILLION DOLLARS of our money to their own banks? :-P

    Get financial education before they take control of your IRA and 401k.

    http://elevationgroupvideo.com/about-the-elevation-group/

  • http://whybuysilvernow.com Why Buy Silver

    What the Fed does will NEVER make since as long as you think that they are working for the benefit of Americans.

    The Federal Reserve is owned by elite bankers who know EXACTLY what they are doing to maximize their money and power grab.

    And they don’t want you to think that gold and silver are money, so that you won’t stock up to prepare for the financial collapse.

    In fact, they’ve recently manipulated the price of gold and silver down, to scare people out of the market.

    But the major economies and their ‘fiat’ currencies are going to fail soon, and the only real money will be precious metals.

    http://whybuysilvernow.com/learn-about-gold-silver-investing

  • HeartofShadows

    I tell ya before my grandpa died he told me the kind of bs they pull now they wouldn’t have stood for it back in his time. Back in his day they had to be creative and make up some bs about it benefiting us somehow but now they don’t even bother sugar coating anything anymore.

  • A Dodgy Bloke

    This reminds me of the classic line from the original “Thing From Outer Space” made in the late 1940’s early 1950’s. “What if he can read our minds?” Response “He’s going to be real mad when he gets to me.” I’m not on Face Book and never say anything on Twitter. Why make it easy for them?

  • http://moneycrisisgameplan.com Money Crisis Game Plan

    They want to be friends with you on Facebook, so that they know where to find you to ‘invite’ you to their VIP FEMA Camp :-P

    I hope that you’re all taking action to prepare for the coming economic collapse of the E.U. and U.S.

    Put together a Game Plan today and take action now before it’s too late.

    And with the increase in ‘natural’ disasters, and the potential for another ‘false flag’ event, it’s even more important to be prepared.

    http://moneycrisisgameplan.com/game-plan/

  • http://thetruthfulone.com David

    If we ‘friend’ the Fed on Facebook, I wonder if we can post on their wall.

    I have a few choice words for Ben. :-|

    Seriously, this is just another sign that the economy is going to collapse, and they are identifying people who will stand for their freedom and fight.

    If you’re in a city, you better take extra precautions, because when the support system (water, electricity, police, etc.) fails, it will be chaos.

    The Survive In Place – Urban Survival Guide is the best, most relevant resource I’ve found, that has helped me prepare mentally and materially.

    http://thetruthfulone.com/urban-survival-guide/

  • Raven

    How are we ever going to stop this flawed system? They have all the money and power any of us can possibly dream of. With a nation so divided, are we ever going to be heard? Hopefully with more of these articles people will open up their eyes and realize how corrupt our world is.

  • Highspeedloafer

    My mom used to say ” if you can’t take the heat, get out of the kitchen”. Stay in the kitchen Michael, and keep on cooking up these factual stories.

    You have developed quite a following to have earned this kind of mention. I am sure tongues are wagging in good old DC. I’ll bet they have quite a file on you. In the event of a shutdown of this site, How can we contact you???
    Do we need to start a legal fund?

    • Michael

      LOL – hopefully they are not too concerned about me. I am just one guy reporting the facts and speaking what is on his mind.

      I am sure they have much more important things to do than to worry about little old me.

      Michael

  • John

    The voting ballots should have a “none of the above” choice. Also, all politicians on the ballot should have their party affiliation (D), (R)removed after their name.

  • http://www.placeofrefuge2012.com Sheila

    They (TPTB) are beginning to wake up the the fact that the internet is waking lots of people up.

    http://www.placeofrefuge2012.com

  • Texar

    END THE FED!!!

  • http://bluescholarblog.wordpress.com/ Jeremiah W. Pinkard

    I’m impressed. The talking heads are starting to notice you.

    http://www.cnbc.com/id/44701381

    This reminds me of my favorite line from The Crow. “Let’s light a fire so big the gods will notice us gain.”

    Keep up the good work. I always look forward to reading your articles.

  • Jeffrey

    I wonder if I can “defriend” the FED?

    • Michael

      The FED will always be by your side. Well, maybe a thorn in your side. Whatever.

  • jackieR

    I am glad to see that you are not going to be intimidated.

  • Astraea Goddess of Justice

    Spying on We the People is UnConstitutional violation of the Fourth Amendment. Repeal & Prosecute Party.

  • Kent

    I did not realize that Obama had an Attack Watch website! Maybe I should post more stuff to my facebook like:

    Does anyone know how to cancel a bid on EBAY?

    I am currently the winning bidder on a “Mickey Mouse” outfit and I’m 19 minutes away from owning Obama’s entire cabinet.

  • gyigyi

    Hey maybe this is a good way to convince these ***********************s that the future they are robbing is their own as well

    you can’t take that $*$* with you

  • Impaler Lord

    They’re going though an awful lot of trouble to find out that the majority of white Americans look at THEM as the source of their economic problems. All they need do is go to sites like this one and many others to see the anger out there that is being directed at them.

  • SMASH THE CONTROL MACHINE

    NOW WE KNOW WHO HAS THE RESOURCES AND THE TECH TO SEND SOMEONE A VIRUS OR CRASH SOME SITE!!YOU AND ALL OF THE PEOPLE THAT COMMENT ARE BEING WATCHED!!IF YOU PISS THEM OFF THEY TAKE DOWN YOUR COMPUTER OR WEBSITE!!http://www.youtube.com/watch?v=QeRv4IHoP70!!

  • http://suezennefordhamchamberjazzproductions@blogspot.com Suezenne Fordham,Chamber JazzLA

    WOW!!! One nore thing to jostle my sense of trust and security…. Drag we can’t just “rest with a sense of peace!!! And trust in the people and institutions that have given us a sense of being and happiness in the past! But is,’t that part of the unrest in the Us “RightNow”? that is a tactic to get us all unsettled and not trusting anyone and making a whole bunch of the citizenry totally sick with “anxiety! “

  • http://suezennefordhamchamberjazzproductions@blogspot.com Suezenne Fordham,Chamber JazzLA

    For instance, look at the houses, once beautiful places with loving families sending their kids to really good unbiased schools in the neighborhood, great meals prepared by Mom and Pop with good food on the table, a dog and a cat… a washer-dryer to keep the clothes clean and tidy… the american Dream a “home of one’s own” a homestead for the children to return to on ho;idays and Gramma and Grampa there to pass on family traditions… These majestic places now tumble down , no jobs for the owners-formers, just abandoned, and go to live in a decrepit tent city somewherek and mabe lucky enough to turn a trick or sell a joint to support a killer habit, and look blindly not realising that The good jobs have been farmed out overseas by our politicians of BOTH parties… the onlt thing to do is sit and wait for sanity to return for the jobs to return, for the entire political system to embrace the citizens, ALL the citizens, and stop eyeing everyone’s wallet…

  • JD

    Uncle Ben today called our unemployment problem “worrisome”. Hes concerned about the long term unemployed losing their job skills from being stagnant. How nice of him to finally adknowledge that there is a recession in this country. Maybe if he wants to be a friend to us he can start by joining the ranks of the unemployed by resigning. He has been an absoulte disaster for this country and he even admitted that there is only so much the FED can do such as keeping intrest rates artifically low and devaluing the currency. The fed angers me that it dosent pay to save anymore. They want us consumers to bail out the economy by spending every cent we have instead of saving. This has got to stop. We can do that by not spending and stop fighting each other over political differences and take our country back with the foundation that our founding fathers left us. Oh and deport the illegals. Its time. White Americans will pick vegetables. Just pay them better. Way to go Alabama!

  • Toomanyfakeconservatives

    If you speak up about the Fed Reserve, expect black helicopters and masked men to pay you a visit someday soon. JFK took a bullet for defying the Fed and you ********************.

  • onecansay

    [America is literally being run into the ground by "establishment Democrats", by "establishment Republicans" and by the Federal Reserve. Our current leadership has us on a path that will only lead to disaster.

    Is this really the way that our story is going to end?]

    Yes!

    [Or is America going to wake up and demand something better?]

    No!

    Everyone will pounce upon this and say: “Then what is your solution?”

    Well, first of all get off the ******************** couch and get involved with your local council!

    Well, second get off your ******************* couch and find out what YOUR children are doing AND what YOU have done in YOUR past that would influence YOUR children!

    Well, third get off your *********************** couch and grow YOUR own food!

    Well, fourth, YOU are reading this. That means YOU have the ability to RESEARCH!!!

    Then again, YOU can keep complaining looking for some other to do EVERYTHING for YOU!!!!!

    Peace.

  • mjm0771

    The Question: How do we reign in the Federal Reserve? Answer: RON PAUL 2012 (accept no substitutes)

  • D Rant

    No, I think you’re right on time. They are laughing at you. Next they’ll fight you. But don’t worry, you’ll win.

  • GAM

    Everyone needs to watch “G Edward Griffin – Creature From Jekyll Island A Second Look at the Federal Reserve”, you can find it at http://video.google.com/videoplay?docid=6507136891691870450

  • MountainHome

    I cannot remember when our government was regarded as ‘our friends’. It’s not my country I am upset with, it’s my government. Great article. Thanks.

  • http://xtrabiggg.blogspot.com/ Thaddeus S. Kaczor, Jr.

    Big Brother’s BANKER is watching you! Oh wait… ‘Friending’ You! The slippery slope to Socialist/Fascist Statism has historically ALWAYS been greased by the International Banksters. The Fed has been looting the American economy by inflating the currency, devaluing drastically the paychecks and savings of EVERY American, then using it’ digitally ‘printed’ money to transfer that wealth from hard-working American individuals and businesses into the clutches of it’s cronies in the International Bankster Community. This is not ‘conspiracy theory’- it is cold hard facts, supported by the Fed’s own (albeit limited) public data. I don’t have to name the bankster families, conglomerates and organizations, but suffice it to say, these are the same individuals and groups that have been fleecing Americans and squeezing the second and third world with usurous loans for well over a century. Americans are waking up to their massive Con Game, and they are justifiably paranoid that we are on to them!

  • A.S.

    Am I missing something: the Federal Reserve can print limitless amounts of money that they do not have and charge interest for it, but I cannot pay for things in gold and silver, which I do have? Time to make a new American Revolution!

  • http://www.ivamu.com/ Kenneth Lowndes

    It is not illegal to be “paranoid.” Against even being such – for real, there is NO law violated.
    That is NO reason whatsoever to suspend, violate nor tresspass against We the people government:
    Jesus Christ was accused by his enemies, of being crazy.
    The Apostle Paul was also so accused.

    This is the level down to which desperate criminals seek to go. Once they come into the realization of how they stand NAKED in the Public Square. There is no dignity there to cover for them.

    It is the moral obligation and moral imperative for the lawful government of PUBLIC SERVANTS, if it wishes to continue to exist, to pro-actively PROTECT our RIGHTS to secrey, and it is NOT ever moral to seek to destroy our secrecy. Our secrecy is OUR RIGHT. Our RIGHT to engage in SECRECY is NOT subject to their approval. In fact, who wants to be “approved” by these EVIL CRIMINAL DOERS. Why, I don’t know, but I suspect you have to be CRAZY to be looking for such.

    This government of by and for the (non)Federal (no)Reseve has itself lost its mind. It cannot serve TWO Masters. It will choose to hate the one, the other, it will love. Right now, they have exposed themselves to be in favor of an Absolute Tyranny.

    If it maintains this route, it will also SHORTLY lose its power. Not some of it, but ALL.
    Evil always seeks to put on the face of invincibility, but it never has it. It is following a well worn tragic script. It now has come to realize how desperate they themselves truly ARE. It is also now too late for them to even engage in the delusion of hoping to turn the tide back into their direction. It has already lost all of it.

    There is no Army big or strong enough or MOTIVARED enough to overcome our God given RIGHTS, for which we remain willing and able to FIGHT you for.
    Nor will there ever come a time when it will become legitmate for them to attempt to be doing so.

    The enemy of We the people has now stepped out naked, into the public square and its position is now fully exposed to all of us. We think of you in your nakedness as totally ugly.

    Paranoid?

    They ought to be very paranoid. If not already, because I do believe the first one using such a word to describe its opponents IS the real paranoid.
    They ought to have been far too paranoid to ever have attempted to be in charge over our money supply. Their bad.

    Had Jim Bakker been too “paranoid” to “oversell” his time shares, he would not have committed a crime in selling them, right? He slipped into the delusional thinking of being “invincipal. Welcome, (non)Federal (no)Reserve, you too have entered into the world of a Jim Bakker. But one entirely of your own doing. It’s no one’s fault but that of your own.

    It would be good for them to be like us. It moves them MUCH closer to paying for the multitude of their ongoing crimes against AMERICANS and by proxy, against all humanity itself.

    “Why can’t we be friends?” Because, both your hands are in my pockets, without legal permission. I have a natural aversion to trusting in my enemies to be good to me.

    Listen up, Lucifer, it’s part of us being HUMAN Beings.

    Are you Luciferian Devill Worshippers – total Idiots, or what?

    http://www.ivamu.com/ – totally solves ALL the problems created by using the (non)Federal (no)Reserve as the money supplier.
    We don’t want you and we sure do not have ANY need of you.

  • Imran

    I’ve no sympathy for American’s!! That’s what your military does to other people so why should you be spared!

  • A.S.

    Every software firm or private developer that participates in the bids for this project is PURE EVIL. It is no different than being a collaborator of the Communists or a snitch for the Communists. By Communists I mean places like the former U.S.S.R., former East Germany, North Korea, etc.

    And whoever wins the bid, may G-d have mercy on them, because they are collaborators for the fall of the Greatest Nation on Earth, THE FORMER UNITED STATES OF AMERICA.

    A desperate plea to all software firms and private developers: SAY NO TO BIDDING FOR THE FEDERAL RESERVE!

  • larry

    All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident

    WE HAVE NOW BECOME ROME THE REST IS HISTORY!

  • http://www.maxkeiser.com/ Ben Dover (America)

    When the people finally AWAKEN to the REAL ENEMY – the so-called ‘FED’-ERAL ‘RESERVE’ – all those who collaborated with them will also be punished. It’s just a matter of time.

  • http://theintelhub.com Shauna Kramer

    I’m not necessarily looking for places that are crowded, but places that will have a huge affect.

    Don’t worry, I’m not bombing anyone…I’m just curious.

    If I bombed the Federal Reserve how would that affect things?

  • http://theintelhub.com Jeffery Mayo

    The Federal Reserve Plans To Identify “Key Bloggers” And Monitor Billions Of Conversations About The Fed On Facebook, Twitter…
    Submitted by ilene on 09/27/2011 00:40 -0400

    Bank of New York Barack Obama Ben Bernanke Ben Bernanke Corruption Federal Reserve Federal Reserve Bank Federal Reserve Bank of New York Google Insurance Companies New York City Twitter

    This title reminded Elliott of a story about Lyndon B. Johnson: “When Lyndon Johnson ran for Congress, legend says, he wanted to spread the rumor that his opponent was a ************. Johnson’s campaign manager said, ‘Lyndon, you know he doesn’t do that!’ Johnson replied, ‘I know. I just want to make him deny it.’” (Now That’s Amore)

    We have forced the Fed to worry about what people are saying about it, when for generations no one asked questions.