The Federal Reserve Cartel, Has Been Quietly Given Police Powers

RoninW · Sep 20, 2012

Quote from euclid:

I thought the NY Fed was the largest gold repository in the world. Good thing we've got people like you to set us straight. I guess they don't need those armed guards after all.

Oh there is Gold held by the FED

only it looks like this.

RoninW · Sep 20, 2012

Quote from stevegee58:

As a libertarian I don't see the need to further expand federal governmental reach. If Federal Reserve facilities need police protection then add officers to an existing, related police force like the Secret Service (part of Treasury anyway).

In fact, why not abolish the Fed altogether?

The crime of the FED is not merely financial plunder on government balance sheet levels. Over the years they have engineered a society where individuals replace money with debt.

Stark difference to other countries like China.

Chinese citizens have 38% savings rate, this is amazing. US citizen saving rate is -10%.

jem · Sep 20, 2012

Quote from piezoe:

Ronin, while I'll acknowledge that if you live in the U.S.A. you live in a country on the way to becoming a police state, and I'll acknowledge that the Patriot Act is an unconscionable intrusion on the Bill of Rights, you nevertheless have gone too far. 1. The Fed is not Private. It is, or is supposed to be, an independent part of government free from political interference, but it isn't entirely of course. It is a creature of the Congress and serves entirely at the pleasure of the Congress, and takes its marching orders from the Congress. It works hand in glove with the Treasury Department. Even though Private banks that are part of the Federal Reserve System are required to hold "stock" in the Federal Reserve, and even receive a small amount of residual profit from the Fed's operation, a dividend if you like, almost all of the Fed's profit flows back to Treasury. The "stock" issued by the Fed is very different from that issued by a private for profit corporation. ; 2. Though you may question the need for the Fed to have its own security force, it is reasonable that they might need one considering the number of kooks, such as yourself, running around.

the only control congress has is that it could abolish the Fed. It is a privately owned institution. The FEDs profit may go to U.S. but the member banks make all the money.

nazzdack · Sep 21, 2012

Quote from RoninW:
----The police officers....

Do they frequently congregate at donut shops?

piezoe · Sep 27, 2012

Quote from jem:

the only control congress has is that it could abolish the Fed. It is a privately owned institution. The FEDs profit may go to U.S. but the member banks make all the money.

N0ne, zero, of this is correct.

piezoe · Sep 29, 2012

Quote from RoninW:

You fail miserably in course called reality 101

Are you calling Ron Paul a liar. FED is a private bank owned by same people who own JP Morgan and Goldman Sachs along with Deutche Bank and so on.

Furthermore the only reason Western countries have debt that can never be paid, is because of Private Central Banks such as the FED and ECB.

I'll go into details only if you ask me to, cause I don't think you are interested in any facts.

Ron Paul is a bright man. I would shocked to discover a direct quote of his where he specifically states that "the Fed is a private bank". Can you locate such a quote for me? If you can, Ron Paul will lose all credibility with me. I have great respect for him as of now. He has many good ideas, but not all of them are good nor realistic or practical. Ron Paul's ideas would be nicely compatible with a world of perfect people. I admire him, even sent him some money because he has an important message to get out.

There is no grand conspiracy, Ronin. Just greedy people, people who fuck up, and people, such as yourself, who apparently get all of there information from You Tube Videos.

Thankfully, there are also many bright, well informed, honest folks such as Ron Paul and George Soros -- two men with different views but both smart, and well-informed.

http://en.wikipedia.org/wiki/Federal_Reserve_System
http://www.youtube.com/watch?v=ji_G0MqAqq8

versus the Ronin version:

http://www.youtube.com/watch?v=J2fjxaRLpQo&feature=related

HurricaneUS · Sep 29, 2012

let me guess...

it's all a conspiracy for world domination with Ben Bernanke as the
Supreme Emperor

piezoe · Sep 29, 2012

Thank you Hurricane! That's hilarious.

dangerkitty · Sep 29, 2012

Quote from RoninW:

Oh there is Gold held by the FED

only it looks like this.

Now that's funny, made my day even though I have to clean up the Dr. Pepper I just sprayed all over the screen and key board.

blnbr · Sep 29, 2012

Quote from piezoe:

Ron Paul is a bright man. I would shocked to discover a direct quote of his where he specifically states that "the Fed is a private bank". Can you locate such a quote for me? If you can, Ron Paul will lose all credibility with me. I have great respect for him as of now. He has many good ideas, but not all of them are good nor realistic or practical. Ron Paul's ideas would be nicely compatible with a world of perfect people. I admire him, even sent him some money because he has an important message to get out.

There is no grand conspiracy, Ronin. Just greedy people, people who fuck up, and people, such as yourself, who apparently get all of there information from You Tube Videos.

Thankfully, there are also many bright, well informed, honest folks such as Ron Paul and George Soros -- two men with different views but both smart, and well-informed.

http://en.wikipedia.org/wiki/Federal_Reserve_System
http://www.youtube.com/watch?v=ji_G0MqAqq8

versus the Ronin version:

http://www.youtube.com/watch?v=J2fjxaRLpQo&feature=related

Wikipedia and Youtube are contributed by largely anonymous Internet volunteers. The contents and idea of the articles and video there are often controversial or in dispute. It all depends on how the contributers write the articles or provide videos and how the reader read them.