J.P. Morgan and the Fed

I think a lot of people don't realize that even before government bailouts, investment firms would bail out banks and corporations in order to protect their own investments. J.P. Morgan together with Rothschild loaned out huge amounts (3.5 million ounces) of gold (not money, gold!) in order to get us out of the panic of 1893, and Morgan joined with a coalition of bankers in order to get America out of the panic of 1907. Morgan's actions in the 1893 and 1907 panics directly resulted in the creation of the Federal Reserve, as summarized in the following (cited) excerpt from Wikipedia:

"Vowing to never let it happen again, and realizing that in a future crisis there was not likely to be another Morgan, banking and political leaders, led by Senator Nelson Aldrich devised a plan that became the Federal Reserve System in 1913.[15] The crisis underscored the need for a powerful mechanism, and Morgan supported the move to create the Federal Reserve System."

See that last part? Morgan *supported* the Federal Reserve System? Do you know why? The logic is obvious: Because the central bank is controlled by the Federal Reserve System, there is no more need for greedy investors like Morgan to protect their investments, and thus they can reap all the benefits of risky investments, but without all the risks! The problem with the Federal Reserve is that it takes all the risk out of the bank and investment firm system, allowing greed to run rampant, bad investment do go wrong, and if worse comes to worse, the benevolent Fed will bail all the big boys out at the 99%'s expense!
 
It's the biggest Ponzi scheme in the world, where the people at the top benefit most, and the common people who lack the pockets and connections for investments, get their faces shoved in the dirt and silenced with petty welfare benefits. What I don't get most, is that Occupy Wallstreet folk are expecting the government to save them from greedy banks and the corporations. Help us? The Fed is the one that reinforced greedy investments, created corporate monopolies, and encouraged economic inequalities in the first place! J.P. Morgan wanted the Fed to be created, and we can be sure that he did everything in his power to ensure his role in creating the Federal Reserve System protected all of his risky investments long after his death. J.P. Morgan, an incurably greedy scumbag to the very end!