What you all need to know about the Federal Reserve

[zeke]

Mr. Second Amendment. I can tell that you are passionate about this subject. WHY?

Can you say "Plutocracy"? That is the form of governmnet we live under. It ain't so bad.

And I noticed, that with the exception of Bernie Sanders, who is really a throwback to the late 1800s, I haven't heard of one politician making the case that the Fed. Reserve should be watched carefully.

No, money makes the world go round for plutocrats. And they all watch out for each other. And most Americans have not the time or inclination to start a fight about something they don't understand.

The flip side is that plutocrats and central bankers don't want economic collapse. That does not work in their favor. But the sure do like control. And control the money and you got lots of control.

I mean, look at the situation right now. Interest rates are dirt cheap. If you could borrow money and put it in the stock market, you would have make a killing. Like a lot of plutocrats did. However, for those old people who saved a few dollars, don't want to risk them in the stock market and hoped to make a few dollars off of interest, they are screwed.

Oh well. And here in America we have millions of people who are up in arms because some of us want to tax the plutocrats a lot more.

Go figure. But I do appreciate your passion. Good luck doing anything with it.

 

[Gadawg73]

Let me guess, you goons also support the following:

Patriot Act
NDAA
Gun Control
Corporate owned media

---------

Yes I do support corporate controlled media.
You Nazis want the government to control it.

 

[The2ndAmendment]

Let me guess, you goons also support the following:

Patriot Act
NDAA
Gun Control
Corporate owned media

---------

Yes I do support corporate controlled media.
You Nazis want the government to control it.

Nice try, the corporations are the government.

Media organizations shouldn't be subsidiaries of megalithic corporations that have no interest to inform the people.

 

[The2ndAmendment]

Mr. Second Amendment. I can tell that you are passionate about this subject. WHY?

Can you say "Plutocracy"? That is the form of government we live under. It ain't so bad.

No, money makes the world go round for plutocrats. And they all watch out for each other. And most Americans have not the time or inclination to start a fight about something they don't understand.

The flip side is that plutocrats and central bankers don't want economic collapse. That does not work in their favor. But the sure do like control. And control the money and you got lots of control.

I mean, look at the situation right now. Interest rates are dirt cheap.

Oh well. And here in America we have millions of people who are up in arms because some of us want to tax the plutocrats a lot more.

Go figure. But I do appreciate your passion. Good luck doing anything with it.

No, I don't want to tax the PRODUCERS any more. If anything, we need to eliminate nearly all taxes on the working rich.

I am passionate because I'd rather a die a free man, than live to be a slave. They don't work in our interests, only their interests.

Israel Asks for a King

4 So all the elders of Israel gathered together and came to Samuel at Ramah. 5 They said to him, “You are old, and your sons do not follow your ways; now appoint a king to lead us, such as all the other nations have.”

6 But when they said, “Give us a king to lead us,” this displeased Samuel; so he prayed to the Lord. 7 And the Lord told him: “Listen to all that the people are saying to you; it is not you they have rejected, but they have rejected me as their king. 8 As they have done from the day I brought them up out of Egypt until this day, forsaking me and serving other gods, so they are doing to you. 9 Now listen to them; but warn them solemnly and let them know what the king who will reign over them will claim as his rights.”

10 Samuel told all the words of the Lord to the people who were asking him for a king. 11 He said, “This is what the king who will reign over you will claim as his rights: He will take your sons and make them serve with his chariots and horses, and they will run in front of his chariots. 12 Some he will assign to be commanders of thousands and commanders of fifties, and others to plow his ground and reap his harvest, and still others to make weapons of war and equipment for his chariots. 13 He will take your daughters to be perfumers and cooks and bakers. 14 He will take the best of your fields and vineyards and olive groves and give them to his attendants. 15 He will take a tenth of your grain and of your vintage and give it to his officials and attendants. 16 Your male and female servants and the best of your cattle[c] and donkeys he will take for his own use. 17 He will take a tenth of your flocks, and you yourselves will become his slaves. 18 When that day comes, you will cry out for relief from the king you have chosen, but the Lord will not answer you in that day.”

19 But the people refused to listen to Samuel. “No!” they said. “We want a king over us.

20 Then we will be like all the other nations, with a king to lead us and to go out before us and fight our battles.”

21 When Samuel heard all that the people said, he repeated it before the Lord. 22 The Lord answered, “Listen to them and give them a king.”

They are unelected Kings.

 

[The2ndAmendment]

I just noticed that the nay syaers only appear on Anti-Fed threads or any other thread that attacks big banks, and NOT on any other threads. You guys see these threads from the Fusion Centers and come to stomp them?

From the Department of Homeland Security's website:

State and Major Urban Area Fusion Centers | Homeland Security

 

[Toddsterpatriot]

The State Bank of North Dakota:

The Bank of North Dakota is the only state-owned bank in America—what Republicans might call an idiosyncratic bastion of socialism. It also earned a record profit last year even as its private-sector corollaries lost billions. To be sure, it owes some of its unusual success to North Dakota’s well-insulated economy, which is heavy on agricultural staples and light on housing speculation. But that hasn’t stopped out-of-state politicos from beating a path to chilly Bismarck in search of advice. Could opening state-owned banks across America get us out of the financial crisis? It certainly might help, says Ellen Brown, author of the book, Web of Debt, who writes that the Bank of North Dakota, with its $4 billion under management, has avoided the credit freeze by “creating its own credit, leading the nation in establishing state economic sovereignty.” Mother Jones spoke with the Bank of North Dakota’s president, Eric Hardmeyer.

How the Nation?s Only State-Owned Bank Became the Envy of Wall Street | Mother Jones

You're a fan of Ellen Brown? LOL!

She's a clown too.

 

[Toddsterpatriot]

The Cross of Gold Speech - William Jennings Bryan

Cross of Gold speech - Wikipedia, the free encyclopedia

-inb4 ToddsterLoyalist Says one of the largest presidential events in the history of United States was a conspiracy of bogus reporting.

What are you smoking?
Don't let that strawman fall on you, you'll be killed.

 

[KevinWestern]

Folks bashing on SecondAmendment.... I think there's a lot of valid discussion to be had around the Federal Reserve.

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse. It was also found that the Fed bailed out some European entities as well without the approval or knowledge of Congress.

Conspiracy or not, we have some pretty big oversight issues going on here. If the Government (apparently) has very little knowledge of what goes on at the Fed (ie the $16 trillion was a surprise!), what kind of checks and balances do we have to insure they’re working in our best interest?

If they're not run by our Gov't, who exactly are they being run by?


The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

 

[Toddsterpatriot]

Folks bashing on SecondAmendment.... I think there's a lot of valid discussion to be had around the Federal Reserve.

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse. It was also found that the Fed bailed out some European entities as well without the approval or knowledge of Congress.

Conspiracy or not, we have some pretty big oversight issues going on here. If the Government (apparently) has very little knowledge of what goes on at the Fed (ie the $16 trillion was a surprise!), what kind of checks and balances do we have to insure they’re working in our best interest?

If they're not run by our Gov't, who exactly are they being run by?


The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse.

Yes, short term, fully collateralized loans, long ago repaid.

 

[freedombecki]

Folks bashing on SecondAmendment.... I think there's a lot of valid discussion to be had around the Federal Reserve.

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse. It was also found that the Fed bailed out some European entities as well without the approval or knowledge of Congress.

Conspiracy or not, we have some pretty big oversight issues going on here. If the Government (apparently) has very little knowledge of what goes on at the Fed (ie the $16 trillion was a surprise!), what kind of checks and balances do we have to insure they’re working in our best interest?

If they're not run by our Gov't, who exactly are they being run by?


The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

From your link, the summary stated: "The Federal Reserve must be reformed to serve the needs of working families, not just CEOs on Wall Street."

Is that a euphemism for wealth redistributive doublespeak?

 

[freedombecki]

Folks bashing on SecondAmendment.... I think there's a lot of valid discussion to be had around the Federal Reserve.

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse. It was also found that the Fed bailed out some European entities as well without the approval or knowledge of Congress.

Conspiracy or not, we have some pretty big oversight issues going on here. If the Government (apparently) has very little knowledge of what goes on at the Fed (ie the $16 trillion was a surprise!), what kind of checks and balances do we have to insure they’re working in our best interest?

If they're not run by our Gov't, who exactly are they being run by?


The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse.

Yes, short term, fully collateralized loans, long ago repaid.

I thought so!

 

[KevinWestern]

Yes, short term, fully collateralized loans, long ago repaid.

Todd- We’re talking $16 trillion here of money that was lent to the banks without the oversight of Congress! Do you realize exactly how much money this is?

And let’s get into a little bit of finance here….

If the Fed gave you $1 trillion for three months; don’t you think you can use that GIANT sum of money to create some wealth for yourself? I bet you could make $50 million pretty darn easy in some simple investments. So just because the money was “repaid” doesn’t make everything better. Why?

1.) Because the US lost out on investments it could have been making with that $16 Trillion
2.) Certain banks (ie the winners) got to create a bunch of wealth just because "the Fed" said they deserved it. Who the f'ck is the Fed?

This is basic finance, Todd.

The Fed (totally exempt from the control of the US taxpayer population) basically decided who would make a ton of money without any Congressional votes, without any oversight, without any regulation. You are somehow defending this!?




.

 

[Toddsterpatriot]

Yes, short term, fully collateralized loans, long ago repaid.

Todd- We’re talking $16 trillion here of money that was lent to the banks without the oversight of Congress! Do you realize exactly how much money this is?

And let’s get into a little bit of finance here….

If the Fed gave you $1 trillion for three months; don’t you think you can use that GIANT sum of money to create some wealth for yourself? I bet you could make $50 million pretty darn easy in some simple investments. So just because the money was “repaid” doesn’t make everything better. Why?

1.) Because the US lost out on investments it could have been making with that $16 Trillion
2.) Certain banks (ie the winners) got to create a bunch of wealth just because "the Fed" said they deserved it. Who the f'ck is the Fed?

This is basic finance, Todd.

The Fed (totally exempt from the control of the US taxpayer population) basically decided who would make a ton of money without any Congressional votes, without any oversight, without any regulation. You are somehow defending this!?




.

We’re talking $16 trillion here of money

Not really. Unless you think $100 million loaned, repaid, loaned, repaid, 10 times total is the same as $1 billion being lent out at once.

Because the US lost out on investments it could have been making with that $16 Trillion



Huh?

Certain banks (ie the winners) got to create a bunch of wealth just because "the Fed" said they deserved it.

The Fed is the lender of last resort. They lent and were repaid. The interest the Fed earns goes to the Treasury, mostly. The banking system survived to all our benefit. Sorry if that makes you sad.

You are somehow defending this!?


Defending your strawman? No, just trying to correct your misunderstanding.

 

[Procrustes Stretched]

(Video is below)

Benjamin Franklin (Shillings):

"That is simple. In the Colonies we issue our own money.
It is called Colonial Scrip. We issue it in proper proportion
to the demands of trade and industry to make the products
pass easily from the producers to the consumers. In this manner,
creating for ourselves our own paper money, we control its
purchasing power, and we have no interest to pay no one."

Gouvernor Morris -

He hoped so. The Rich will strive to establish their dominion & enslave the rest. They always did. They always will ... They will have the same effect here as elsewhere if we do not by such a Government keep them within their proper sphere. We should remember that the people never act from reason alone. The Rich will take advantage of their passions & make these the instruments for oppressing them. The Result of the Contest will be a violent aristocracy, or a more violent despotism. The schemes of the Rich will be favored by the extent of the Country. The people in such distant parts can not communicate & act in concert. They will be the dupes of those who have more knowledge & intercourse. The only security against encroachments will be a select & sagacious body of men, instituted to watch against them on all sides. He meant only to hint these observations, without grounding any motion on them.

The highlighted section in bold (above quote) is what their doing with Gun Control.

Benjamin Franklin (Private Banks Caused the Revolution):


Thomas Jefferson -


James Madison -


Thomas Jefferson -


Thomas Jefferson (while Secretary of State):


Napoleon Bonaparte (of France):


During the Renewal of the First Bank (which failed) there's is endless denouncement of the Bank. Rothschild threatened Congress with a great war if they didn't renew the bank. The War of 1812 started, but Napoleon forced England to withdraw from the United States.

Andrew Jackson's sole mission in life was to kill the Second Bank of the United States. He said it was his greatest achievement when he was dying.

Here's his full veto letter to Congress:
Avalon Project - President Jackson's Veto Message Regarding the Bank of the United States; July 10, 1832

Andrew Jackson's campaign slogan was "Jackson and No Bank," after successfully vetoing the Second Bank of the United States (renewal)





Lincoln:

Theodore Roosevelt:

Woodrow Wilson

“The division of the United States into two federations of equal force was decided long before the civil war by the high financial power of Europe.

“These bankers were afraid that the United States, if they remained in one block and as one nation, would attain economical and financial independence, which would upset their financial domination over the world.

“The voice of the Rothschilds predominated. They foresaw the tremendous booty if they could substitute two feeble democracies, indebted to the financiers, to the vigorous Republic, confident and self-providing.

“Therefore they started their emissaries in order to exploit the question of slavery and thus dig an abyss between the two parts of the Republic.”

— Otto von Bismarck, 1876

------------------------------------------------

Here's what Rothschild himslef published in England, furious with Lincoln:

“If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all coun*tries will go to North America. That govern*ment must be destroyed, or it will destroy every monarchy on the globe.”

This is simply a historical documentary concerning the Federal Reserve. Every fact here you can easily verify.

This is not a left or right issue, this beyond left and right. If you don't understand how the Federal Reserve functions (even if the Fed Reserve was good entity), you have NO IDEA how our government functions at all.

[ame=http://www.youtube.com/watch?v=ipfrhTyrCPg]The Evils of the Federal Reserve and Prior Private Central Banks - Made by Bill Still - YouTube[/ame]

You can check out our webpage on facebook, The Aegis of Liberty, here:

https://www.facebook.com/pages/The-Aegis-of-Liberty-Common-Sense-2013/590931764270050

this is about as ignorant and convoluted as it gets. this is what happens when fools mistake their poor education for a type of didactism we should admire

 

[KevinWestern]

We’re talking $16 trillion here of money

Not really. Unless you think $100 million loaned, repaid, loaned, repaid, 10 times total is the same as $1 billion being lent out at once.

Don’t understand. $16 trillion total was lent to banks secretly. That’s $16,000,000,000,000 anyway you break it up.

Because the US lost out on investments it could have been making with that $16 Trillion



Huh?

If you give your pal $20 million for 1 year, and he repays you at the end of that year, are you guys all square? No, because he invested that money and made $2 million extra, whereas you could have just kept the $20 million and made the $2 million for yourself. You’re down $2 million, he’s up $2 million.

Certain banks (ie the winners) got to create a bunch of wealth just because "the Fed" said they deserved it.

The Fed is the lender of last resort. They lent and were repaid. The interest the Fed earns goes to the Treasury, mostly. The banking system survived to all our benefit. Sorry if that makes you sad.

The bailout is another issue. It might have been necessary, but that’s a decision the UNITED STATES CITIZENS should make through Congress, not some rogue entity that has very little accountability to the US voter. Lending $16 trillion has some very serious monetary consequences and should have been voted on by us. Were the winning banks chosen because they deserved the funds the most, or were they just the most well connected with the Fed? I suppose we'll never really know...

Banks were in trouble for acting like a bunch of greedy morons. The fed decided that rather than they suffering the consequences,

You are somehow defending this!?


Defending your strawman? No, just trying to correct your misunderstanding.

What misunderstanding is that exactly? I’m just calling for a little bit of oversight here. Guess I’m an “idiot” for wanting such a ridiculous thing…

 

[EdwardBaiamonte]

The Fed (totally exempt from the control of the US taxpayer population) basically decided who would make a ton of money without any Congressional votes, without any oversight, without any regulation. You are somehow defending this!?

actually dear the Fed is independent just so fools without the IQ to understand monetary policy won't have a say.

Why not give us a laugh and tell us what you would have done

 

[KevinWestern]

The Fed (totally exempt from the control of the US taxpayer population) basically decided who would make a ton of money without any Congressional votes, without any oversight, without any regulation. You are somehow defending this!?

actually dear the Fed is independent just so fools without the IQ to understand monetary policy won't have a say.

Why not give us a laugh and tell us what you would have done

Not exactly a sincere invite to a discussion, eh?

Remind me - what's the point of responding to these sorts of statements?

 

[EdwardBaiamonte]

The Fed (totally exempt from the control of the US taxpayer population) basically decided who would make a ton of money without any Congressional votes, without any oversight, without any regulation. You are somehow defending this!?

actually dear the Fed is independent just so fools without the IQ to understand monetary policy won't have a say.

Why not give us a laugh and tell us what you would have done

Not exactly a sincere invite to a discussion, eh?

Remind me - what's the point of responding to these sorts of statements?

well you say you know better than Bernanke and we want to see a demonstration before we support you

 

[The2ndAmendment]

=
Conspiracy or not, we have some pretty big oversight issues going on here. If the Government (apparently) has very little knowledge of what goes on at the Fed (ie the $16 trillion was a surprise!), what kind of checks and balances do we have to insure they’re working in our best interest?

If they're not run by our Gov't, who exactly are they being run by?


The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse.

Yes, short term, fully collateralized loans, long ago repaid.

16 trillion is NOT a short term loan that is:

$16,000,000,000,000 dollars. That is GREATER than the National Debt. No such loans could ever be repaid in even ten years, never mind "long ago" since 2008. What kind of shit are you pushing? Show me that they were repaid, how much interest was the interest paid for too?

You've asserted a pretty wild claim, so wild, that the burden of proof falls on you.

 

[Toro]

Folks bashing on SecondAmendment.... I think there's a lot of valid discussion to be had around the Federal Reserve.

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse. It was also found that the Fed bailed out some European entities as well without the approval or knowledge of Congress.

Conspiracy or not, we have some pretty big oversight issues going on here. If the Government (apparently) has very little knowledge of what goes on at the Fed (ie the $16 trillion was a surprise!), what kind of checks and balances do we have to insure they’re working in our best interest?

If they're not run by our Gov't, who exactly are they being run by?


The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

Again, a recent gov’t audit revealed that the Fed (secretly) lent banks in excess of $16 TRILLION during the 2008 financial collapse.

Yes, short term, fully collateralized loans, long ago repaid.

$9 trillion was in overnight repos.