Why does the federal reserve suddenly need a financial stability committee?

You can always tell when sales are falling at a given company - they begin an advertizing campaign.   When a popular president thinks his support is lagging, he gives a state of the union address (of course a useless piece of crap like Obama knows that nothing can help him so he just goes golfing during any crisis.).  When a candidate for political office needs the support of the people, he either begins a smear campaign against his opponent or begins taking out TV ads for himself.

In other words, people have the habit of doing things when they need to do it and not before.  Therefore I found it interesting to read that, supposedly during a recovery, that the federal reserve suddenly appointed a "financial stability panel".  I don't guess that is to examine why things under its purview are so stable.  While the con men try to spin this as a preemptive move, it's like studying why the horse ran out of the barn after the barn door was left open overnight.  This is something you would have thought would have been in place since mid 2008.

Anyone who doesn't see the inherent instability in the global financial system needs to be checked for a pulse.  All these wars and rumors of wars and all the global civil unrest is not accidental.  It was predictable and predicted in these pages long before the first trouble showed itself in Egypt, long before they killed Hussein, long before they shot Gaddafi in the face after dragging him out into the street.  The global fraudulent money supply is on its last legs. 

How much longer it has is anyone's guess; it's like guessing when an avalanche will occur.  You can know that one is going to happen at some point but picking the exact day and hour is no mean feat.  In the case of snow buildup, it's because there are so many variables to consider and all of them are important.  In the case of the global money supply, the difficulty comes from the semi chaotic nature of herd behavior.  Life and all that pertains to it is difficult to predict with perfect accuracy.  All we can look for are signs and symptoms that problems are about to pop up.  In the case of the global banking system, problems are likely nearer than anyone is telling us when the federal reserve begins to publicly advertize their creation of fluffy entities with titles such as "stability committee".  Things are not right and the fed knows it.

The fed is afraid now.  I smell fear.   And if I can smell it, the market can too.