Federal Reserve Is A Private Corporation

Quote from dalailama:

Far more difficult to accomplish, hence the continuous efforts of the international bankers to set up a privately owned central bank

Much easier to control a select few Fed reps than all those congressmen, some of who may be men of goodwill and oppose them.. and far less visible
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Last time I checked, Congress votes 1 man 1 vote. I don't think that just a few can control the vote. Therefore, if you believe in the whole "Fed scam", then the problem runs much deeper than that - it's like the other poster said - the politicans are in on it.

And if you believe in the scam, then you realize that Congress could oust the Fed if they wanted to.

Right?
 
Quote from Haroki:

Last time I checked, Congress votes 1 man 1 vote. I don't think that just a few can control the vote. Therefore, if you believe in the whole "Fed scam", then the problem runs much deeper than that - it's like the other poster said - the politicans are in on it.

And if you believe in the scam, then you realize that Congress could oust the Fed if they wanted to.

Right?
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But still far easier to control through the Fed and far less visible, so the point still stands regardless of other less elegant options


You neatly sidestepped the other points Haroki.. were the founding fathers just nutjobs who believed in international banking conspiracies?
 
Quote from Haroki:
The ridiculous part of hammering on the Fed is that it can be rejected on a moments notice by Congress if they wanted to.
So who's to say that if Congress bowed to pressure about the Fed, that they wouldn't just go ahead and make the same regulations that benefit bankers anyways, using our own "greenbacks".
And besides, do you REALLY want Congress to be making fiscal policy? They're the ones that spent us into debt in the first place......
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His holiness did a good job addressing this.

Might I add a couple points.

Congress are largely ignorant as to the Feds machinations or how the money supply works. A few notable Representatives (Ron Paul) have lamented Congressional ignorance for all things economic.

Regardless, the Constitutional authority to make and coin money is vested in Congress.

The system works when the People hold Government accountable. Thats the cornerstone.

As soon as the People sound off, its only becomes a matter of time before our System fails. The checks and balances engineered into our Government only serve to delay the inevitable. Give us time to come to our senses, if you will.

Throwing in the towel because Congress 'won't change' is a defeatist attitude that only solidifies the Fiat Ponzi Scheme.

I'm trying to give you the benefit of the doubt here.

You think the Founders were moonbats to rail against the dangers of a Central Bank?

Maybe you can explain that for us.
 
Quote from achilles28:

His holiness did a good job addressing this.

Might I add a couple points.

Congress are largely ignorant as to the Feds machinations or how the money supply works. A few notable Representatives (Ron Paul) have lamented Congressional ignorance for all things economic.

Regardless, the Constitutional authority to make and coin money is vested in Congress.

The system works when the People hold Government accountable. Thats the cornerstone.

As soon as the People sound off, its only becomes a matter of time before our System fails. The checks and balances engineered into our Government only serve to delay the inevitable. Give us time to come to our senses, if you will.

Throwing in the towel because Congress 'won't change' is a defeatist attitude that only solidifies the Fiat Ponzi Scheme.

I'm trying to give you the benefit of the doubt here.

You think the Founders were moonbats to rail against the dangers of a Central Bank?

Maybe you can explain that for us.
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It's quite naive to think that Congress is ignorant of the situation.

And I'm not throwing in the towel, what are you talking about? If you believe that the Fed is a big problem, then Congress can fix that, if they want. Making them want to do that may involve voting in other dudes, but it could happen. reread lama's posts - he's the guy saying that if we try to change the system, guys will be killed, and it'll never happen, etc. Sounds to me that he's the one with the defeatist attitude, dontcha think?

Also, the whole "they'll be killed" thing is just stupid. Here's sumthing about Kennedy that the moonbats have lied about -

Facts: Kennedy wrote E.O. 11,110 to phase out silver certificate currency, not to issue more of it. Records show Kennedy and the Federal Reserve were almost always in agreement on policy matters. He even signed legislation to give the Fed more authority to issue currency.

And no, the FF's weren't moonbats, but you two certainly are.

That isn't to say that they were perfect in every regard either - women and minorities couldn't vote, so by today's standards, they kinda got that one wrong, wouldn't you say?
 
Here's the bottom line.. do you want a privately owned central bank (the Fed) setting the monetary policy for your country when you don't even know who owns it.. without doubt the majority if not all of the owners of the Fed are foreigners

You really think foreign bankers have the best interests of the American people at heart.. it's ludicrous

Do you know how the Fed was born Haroki?

December 23rd 1913 when all the members of congress were home celebrating christmas it was snuck through like an ebola virus.. and your big answer is to set congress on them???? :p
 
Quote from dalailama:


Do you know how the Fed was born Haroki?

December 23rd 1913 when all the members of congress were home celebrating christmas it was snuck through like an ebola virus.. and your big answer is to set congress on them???? :p
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You're embarassing yourself...

The silliest of the Federal Reserve conspiracy theories is that the Federal Reserve Act of December 23, 1913 passed illegally. The constitution stipulates that both the House and the Senate must have at least half their members present, a quorum, to vote on any bill. According to this myth, the Senate voted on the Federal Reserve Act (known as the Currency Bill at the time) deviously in a late night session when most of its members had gone home or had left town for the holiday. This was done to impose the will of a pro-banker minority on the objecting majority. Since no quorum was present, the Federal Reserve Act is not valid.
This idea is better described as folklore than a full-blown conspiracy theory because I've never been able to find it in print, only on occasion on Usenet or in e-mail from readers. Gary Kah, author of En Route to Global Occupation, came close when he wrote that the bill's supporters waited until its opponents were out of town and it was passed under "suspicious circumstances" (Kah, p. 13-14). Nevertheless, the myth has no basis in fact. The House passed the bill 298-60 on the evening of Dec. 22, 1913.3 The Senate began debate the following day at 10am, and passed it 43-25 at 2:30pm.4

What of the missing Senators? Since there were 48 states in 1913, forty eight votes plus the tie-breaking vote of vice-President Thomas Marshall would have been sufficient to approve the bill even if all absent votes had been cast against the bill. However, many of the missing Senators had their positions recorded in the Congressional Record.1 Of the 27 votes not cast, there were 11 'yeas' (in favor of the bill) and 12 'nays.'1 Even if the absentee Senators had been there, the Currency Bill would have passed easily.

President Wilson signed the Currency Bill into law in an "enthusiastic" public ceremony on Dec. 23, 1913.4
 
Yeah I know I personally pass all my important laws around Xmas eve.. what a dupe you are Haroki

When was the income tax created? If you guessed 1913 Haroki, the same year that the FED was created, you get a gold star. Coincidence? What are the odds? If you are going to use the FED to create debt, who is going to repay that debt? The income tax was created to complete the illusion that real money had been lent and therefore real money had to be repaid. And you thought Houdini was good.

Even the name is a joke, there's nothing Federal about it and they don't have any reserves
 
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