Federal Reserve System is a Private Bank

[the1]

The Fed publishes its balance sheet on its public operations and yes, the Fed does in fact return 95% of the interest it collects from the government to the treasury. It's not the public operations that provides their windfall -- it's the private. Imagine for a second being the controlling provider for all sorts of debt, being able to generate that debt from banging on a keyboard, and then controlling the interest that is charged on that debt. Sit and think about that for a second because that's how much power the Fed has. The FED, ECB, and IMF are the most powerful institutions ever known to man and all they do is reach into your pocket and steal your money and you don't even have a clue they are doing it. Now that's power.

To boot, the FED is exempt from taxation. Wow!

Quote from bond_trad3r:

The Fed publishes it's balance sheet weekly and it's flow of funds such as dividends to member banks in and profit transfer to the Treasury Department is published once yearly in its Annual Report to congress.

 

[bond_trad3r]

They only have power as long as people value what they produce. So anyone who puts too much faith in a federal reserve note deserves what is coming to them.

Inflation = Good for borrowers
Deflation = Good for savers

At the end of the day it's a zero-sum game.

With the 1 trillion dollar money pump, the Fed is essentially going in the pocket of hard-working Americans and taking the wealth from savers and giving it to borrowers.

The problem is the so-called growth the last couple decades has been fake and based off of paper. The balance sheets of many of America's largest companies are a fraction of their reported value.

 

[AMT4SWA]

Quote from bond_trad3r:

No one gives a shit

WRONG.......even the US Army "gave a $hit!"

"Army Dispatched in Response to End the Fed Protests"

Kurt Nimmo

Infowars.com
March 21, 2009

The Liberty Restoration Project blog has posted an advisory released last November by the United States Army Reserve. “The United States Army Reserve Command is publishing this Force Protection Advisory to advise all Army Reserve personnel of the planned protests at all Federal Reserve Banks and office locations within the United States on 22 November 2008,” the document reads. “This message provides situational awareness and recommended mitigation measures.”

Article continues (with official documents)........ http://www.infowars.com/army-dispatched-in-response-to-end-the-fed-protests/


BTW, www.endthefed.us !!!

 

[AMT4SWA]

The Federal Reserve Abolition Act

Stephen Lendman
Global Research
December 25, 2008

On June 15, 2007, Ron Paul introduced HR 2755: Federal Reserve Abolition Act. There were no co-sponsors, no further action was taken, and the legislation was referred to the House Committee on Financial Services and effectively pigeonholed and ignored.

Article continues.......... http://www.infowars.com/the-federal-reserve-abolition-act/

 

[bond_trad3r]

You must support the New World Order.

 

[bond_trad3r]

Shit, I spend to much money when I go out and party. I wish I was more Jewish so I could better manage my money!

 

[Roman Candle]

Quote from bond_trad3r:

Shit, I spend to much money when I go out and party. I wish I was more Jewish so I could better manage my money!

Like these guys.

http://www.natvan.com/free-speech/fs0203c.html

 

[Roman Candle]

That group of thugs. They are incompetent leaches who have contributed ZERO to the human race.

They make there money stealing from the hard working. Look at the mess the world is in they are responsible.