Sanders says U.S. Fed 'hijacked' by bankers

a reply to: AlaskanDad

I've noticed Hillary has also been talking about the same ideas as Bernie as well. Almost as if she waits to see what ideas he puts out then follows suit. The difference being for her it's just lip service until she get's in then it will all be forgotten. Plus when she's asked about them in more detail you can see she doesn't really have a plan on how to implement them. She just says whatever is popular to Sander's supporters so that she might pull some of them to her side thinking her popularity will hold them.

originally posted by: anotheramethyst
the fed IS a private bank. so bernie basically said "the bankers sold out to themselves." the government, in all of it's genius, put bankers in charge of themselves a LOOONNG time ago. now every time the government prints its own money, it prints the money as debt to a private bank. genius.

Or it is a fail safe built into democracy so the government don't manipulate it with no foresight other than for the votes for tomorrow's election. We know how famously short sighted politicians like to be.

That was part of the reasoning of it. The national banking all over the West has given way to central banking for nations. This has led to the central banks system we have today where the banks operate separately to government, yet are ultimately accountable as is the Fed to Congress (only in so far as Congress authorises the Fed to do the banking for the nation).

We saw in the UK where the government took over and bailed out failed private banks with public money after 2008. It is not desirable or favourable to have government intervention and control of banks in modern state finances. As with the 2008 crash it seems even central banking can be open to abuse. There is an argument to suggest that the private banks used and abused the British people. There were certainly some very big winners from 2008, the losses being a hazard of the trade and a bill that the government and the public could pick up the tab for. All is fair in love and banking it seems. Was it all a scam? Was it totally manipulated to happen that way? Was it just a big earner with very few winners at the expense of a great many losers?

Nationalising banks and governments printing their own money is the very kind of banking they have been escaping from for a fair few hundred years now. The Fed very much set a precedence that all the West has followed in part subsequently.

originally posted by: burdman30ott6

originally posted by: LSU0408
a reply to: burdman30ott6

Absolutely right... The largest voting bloc is always getting the shaft.

That's the problem... we (net tax payers) are about to lose our status as the largest voting bloc... that distinction will soon belong to the net takers, and that will be a point of no return because nobody votes against the Meal Ticket.

Funny as my neighbour Tom the conservative was complaining about the takers.

We examined Toms situation, he drives log truck and works at local mills all under the table, he will not pay for city trash collection, nor city sewer. His place hasn't had any power or water in years.

So you get the picture Pays no Taxes and does not even pay his bills, and gets free socialized medical. Who is he to talk about the takers in a condescending manner, he is one in my opinion!

He still hate'n the takers! lol's

a reply to: burdman30ott6

So out of everything I wrote that is the part you focus on. It's not extortion. It's what happens when society crumbles and people are without food and desperate. Don't act as if you're any different. Don't tell me you'd be noble enough to watch as you and your family starve because society has crashed around you and there is no way to make an honest living. It's just reality.

All we do is pass money back and forth to each other. You buy something and that employs someone else who then takes that same money to buy something else and so on and so forth. That is what keeps you employed so you can spend which in turn keeps someone else employed so they can spend. When nobody has anything to spend it also means nobody is employed either.

The fact is that wealth concentrated to just a few people doesn't do anybody any good but that person. In the long run it will also hurt them as well. But they can only spend so much realistically and at a certain point can't spend it faster than they make it which is the same as the system bleeding internally until it dies. What happens when playing monopoly and one person owns everything??? It's game over. You're done. If every round they give the other players just enough to make it one more round that will keep the game going longer but for what purpose??? Doing so only gives the illusion that the game is still being played but it really isn't going anywhere.

the banks didn't hijack the fed, they own it, probably always have!!!

Its shareholders are private banks. In fact, 100% of its shareholders are private banks. None of its stock is owned by the government.

www.globalresearch.ca...

auditing it would be a good first step, but others have tried and failed to get that. but, the only way you are going to get the bankers out of the leadership position in the fed is to basically take ownership of the fed from them, or fire them which would be easier probably.

Ya know, I kind of expect that the ones running for president would know more than your average member on ats, and well, I would hope that the average member on these boards would know that the fed is owned by the big banks. This is why I can never find anyone to vote for in these elections. None of them can avoid opening their mouths and making statements that either show that they are stupid (I don't believe they are), or they are lying....which I think he is.
The bankers didn't hijack the fed, they've been in control of it since day one I do believe!
Oh well, M-I-C-K-E-Y M-O-U-S-E......

originally posted by: LSU0408
Why is it that Sanders only gets attention on ATS...?

Please feel free to post about your favorite Presidential hopeful and their merits.

a reply to: AlaskanDad

I'm not Tom. I work in a professional setting, as a licensed professional. None of my income is "under the table," nor have I elected to violate any laws or risk my licensure to risky tax loophole schemes. I'm trying to do everything the right way and it's putting too much goddamned weight on my shoulders, man. I'm not going to talk numbers to anyone, but I've managed to reach that income point where I qualify for nearly zero breaks, but after taxes I do not make enough to maintain the standard of living I would have enjoyed 10 years ago... Americans who are on the fringe of middle class/upper middle class are choking on tax burdens right now.

I don't want those currently supporting the country to pay more in taxes. I want those currently draining the system to pay something in taxes. Who knows, maybe it might cause them to suddenly have a little pride of ownership if they actually had some real skin in the game aside from the game just representing their free Meal Ticket.

a reply to: mOjOm

In my situation, when society crumbles, my family and I will extract ourselves from society.

a reply to: mOjOm

Hilary panders to the crowd, I remember when she tried the Elizabeth Warren thing?

“Don’t let anybody tell you that, you know, it’s corporations and businesses that create jobs,” Mrs. Clinton said, a variation on a popular Warren theme.

Now she is obviouly mimicking Sanders popular ideas as you pointed out.

""Sanders says U.S. Fed 'hijacked' by bankers""

Possibly one of the most profound statements of the Century.

And don't forget, Socialism depends 100% on Capital Banking !!

Banks hijacked by Socialists !!!

a reply to: xuenchen

Democratic Socialism, X... Democratic Socialism. There's some sort of semantical difference or something.

originally posted by: burdman30ott6
a reply to: mOjOm

In my situation, when society crumbles, my family and I will extract ourselves from society.

Ah yes. Cut and run. You got what you needed from society so now f*ck society as long as you're ok. Such is the mantra that killed society in the first place.

At least you'll be with like minded people who have all done the same until they take what you have left and they leave you behind as well. You get to go another round around the board. Enjoy it while it lasts but don't think for one second you'll be sitting in the winners circle for long.

originally posted by: LSU0408
Why is it that Sanders only gets attention on ATS...?

I would guess that Hillary fans are mostly manufactured by the establishment.

Sadly Bernie is going to feel the Bern when she gets the DNC nomination.

a reply to: burdman30ott6

None of us are maintaining the style of living we had 10 yrs ago, at least Sanders want to pull of americans back to making living wages and get rid of the Affordable Health Care Act for single payer insurance.

I doubt you will get much help from those republicans running for president, you could be taxed into building walls though, or thrown back to the gold standard.

a reply to: mOjOm

Dude, I'll be so far out in the wilds of AK that I honestly won't worry about any "like minded people." Why do you think I live where I do in the first place?

a reply to: AlaskanDad

I did pretty well under the last Republican president.

The Federal Reserve created by Sanders party.

That controls the money.

Controls every financial investment vehicle, and interest rates.

Don't let Sanders any where near the FED.

They were screwed now?

NOT EVEN CLOSE.

a reply to: mOjOm

I live WAY out here from people.

And I still have the same living style as 12 years ago when I moved out here.

Let it all fall apart. My family and I have been gearing up for years for it. Food prep, well hand pump to replace the electric one, weapons and ammo on hand, along with cross bow bolts.

We aren't preppers, but damn if we haven't seen the writing on the wall for a while now.

Sanders says U.S. Fed 'hijacked' by bankers

Someone tell Sanders to stop being so XENOPHOBIC FTW,

Full Definition of xenophobia : fear and hatred of strangers or foreigners or of anything that is strange or foreign

www.merriam-webster.com...

Capitalism/Bankers is 'strange and foreign' to a socialist.

originally posted by: eriktheawful
I live WAY out here from people.

And I still have the same living style as 12 years ago when I moved out here.

Let it all fall apart. My family and I have been gearing up for years for it. Food prep, well hand pump to replace the electric one, weapons and ammo on hand, along with cross bow bolts.

We aren't preppers, but damn if we haven't seen the writing on the wall for a while now.

That's certainly one way to go. More power to ya I suppose. The thing is it doesn't have to go down like that. While you may make it along with a few others I'm not sure being sent back to living like it's 200 years ago is really the way to go.

The money game is just that, it's a game. But it's not a game meant to be won. It's a game that is meant to be played indefinitely or until a better idea comes along. Earlier I used Monopoly as an example and I'll do it again. If you've ever played it you'll know that sometimes you don't have a winner. You can actually have a game where property is roughly evenly held by all players and money just keeps being exchanged from the turns around the board. Money changes hands back and forth but you realize it can just keep going forever so you stop and do other things.

Then you have the type where someone wins. They hold all the property eventually getting all the money. They may win but the game is over, even for them. Because when there is no winner once the game is over, not even for the guy that has everything.

The difference between those two outcomes is that once you concentrate too much in the hands of too few it cripples the entire system from going on. If the one that has all the money gives out just enough each round then it keeps going for another round as long as he puts out that amount. But it never goes anywhere. He's just prolonging the end and nothing is really happening.

At this point we're in the same position. We can take the scraps handed down which keep a failed system going limping along and going nowhere. Or redistribute the wealth more evenly and continue with a system that functions. Or admit it's broken and stop playing.

It's all just an illusion anyway. It's all just make believe that we've allowed to become so important that we forgot it's a game. But it's an illusion all the same. Personally I'd much rather have a functioning illusion where we continue to all play than no game at all or one that is barely limping along. But those are the choices whether we want to face them or not.