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Originally posted by ViewFromTheStars
Those facts aren't really that pesky as you like to portray them.. they are just unecesarily complicated. Break it down for us... how much interest was paid into the 'fed' last year on the debt? Tell us that.
I'm not looking the other way as you say.. I'm just looking 'beyond' the reports and the ideology that's behind them. Why can't you grasp that?
WHY is this "system" NOT IN HOUSE? Why is it a private corporation? The constitution states very clearly that the GOVERNMENT itself has the right to coin and print money...
Why is that question hard to tackle?
Let me ask you again...
Did the American people really have a choice on the matter when this 'system' that you so readily seem to defend was set up?
Oh good grief!!! For the nth time... Because when politicians directly control the printing presses, they tend to abuse that power !!!
Well, if you believe you live in a democracy, then yes. You voted for the politicians that made the decisions. That's how your democracy works. If that doesn't answer you question, then I'm sorry I don't know what your asking?
www.infowars.com...
From page 405 of Rockefeller's 2002 book Memoirs .
"For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American POLICAL and ECONOMIC institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that is the charge, I stand guilty, and I am PROUD OF IT."
still, to answer your direct question, the answer is $28,958,637,000.. Look!!
Originally posted by orangetom1999
Scarper,
Your assumption here seems to be that people can be perfect. I dont think so. I think that people are flawed...that the material we are naturally made of is lousy material. All of us..especiall me..
I dont know if you ever thought of it but people dont need money to be greedy. Greed is a natural human emotion. It occurs naturally to people..daily.
Money is the most swappable commodity. If we didnt have money..people would naturally invent it. It is what ever commodity is the most swappable. It must have certain characteristics to be good money.
It must be naturally divisible.
It must store value... a storehouse of value..this one is going down the tank very quickly.
It must be recognizable by the public as a whole. They must be willing to accept it for goods and services.
Throughout history ..the commoditys which have fulfilled this requirement are Gold, Silver, and copper.
Money ...is just a more sophisticated system of barter.
The problem with our moneys to day..electronic or paper..is that it is rapidly losing its ability to store value...due to its lack of scarcity in the marketplace...over issuing by the process of Government deficits.
When you or I borrow moneys we must over time offset this with our labors. The government does not have to do this ..they get the goods and services like now.
If they had to tax for these moneys they would have been overthrown by revolution long ago. Common sense.
Someone here has ingeniously figured out a way to tax us and be long gone before most of us catch on.
Thanks,
Orangetom
Originally posted by ViewFromTheStars
Oh.. so you would rather have some foreign bankers controlling the printing presses and abusing the power? I'm not condoning either but you get my point loud and clear and it's this point YOU refuse to grasp.
Let me spell it out for you.. The American people did NOT get to vote DIRECTLY and were not directly informed of what they were getting themselves into concerning the fed. You can' t escape that fact.
Stop telling us that just because we voted in a politician that it's ok for that politician to be a 'trojan horse' for something the American people might not want if they really KNEW what they were getting, this happens all the time and I'm SICK of it.
still, to answer your direct question, the answer is $28,958,637,000.. Look!!
Great.. thanks for pointing that out!!
Now.. if the 'fed' was in house we could have paid that interest to OURSELVES.
Man, think of what $28,958,637,000 could have done for our own economy!
as I've already posted and provided evidence to prove that money IS paid to you!! Page 125 of the report. after expenses of around 5 billion are taken out (and all those expenses are clearly document in the report), the remaining $23 billion or so is paid to the treasury, i.e. the government, i.e. YOU!!!!
Who do we owe this money to?
We owe it to the people and entities that have bought or received U. S. debt instruments, such as Savings Bonds, Treasury Notes or Treasury Bills.
That includes:
# Average folks like us
# Large and small corporations
# Banks
# Pension funds
# Insurance companies
# Various U. S. government entities such as the Social Security Trust Fund
# State and local government entities
# Foreign investors
# Foreign corporations
# Foreign governments
www.house.gov...
Who owns our debt?
Ownership of U.S. government securities consist of U.S. citizens, FEDERAL RESERVE BANKS, FOREIGN GOVERNMENTS and CORPORATIONS.
Originally posted by magicmushroom
Lonegunman dont be unhappy, the powers that control us are manipulating our minds to think that there is bizarre reason for what happens to us, that some point in time they will reveal who or what it is. This is all part of the program they dont want you to think that its something as mundane as a group of very powerful and rich individuals are behind all this, they want you to believe its what they say it is. And this issue is not about ego's its not even about America, America emerged from WW2 as a great and wealthy power, exactly what was intended. Ever since then the Country has been under the control of this group who are bleeding the country dry and is getting it to prepare other countries for the same treatment. When that goal is achieved America will be discarded like an old worn out shoe.
The Federal Reserve Banks are nominally "owned" by the private member banks (see below). In Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982), the United States Court of Appeals for the Ninth Circuit stated that "the Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations." The opinion also stated that "the Reserve Banks have properly been held to be federal instrumentalities for some purposes." [1]
The member banks are generally privately owned corporations. The stocks of many of the member banks are publicly traded.
Originally posted by nowthenlookhere
Originally posted by photobug
In either case I find that both sides fail to produce any true evidence to support their claims. From a research perspective what documents exist that would clarify either end of this debate? I personally would like to see all the supporting evidence regarding the fed especially the documents regarding the organization, ownership, and audits.
fair point.. I think I'll do a little mroe reseach and try do dig up some documentation. It might tiake a while since I'm busy with a few things right now, but I can see it would do some good.
It seems we agree on most points just not the who is in control part. Regardless of who is in control or not in control based on your above quote do you not think that a system that takes advantage of and PROMOTES naivety is a skewed system?
yes, absolutely. Naivety is definelty promoted, actively, by the financial services industry, and the body set up to regulate it, the SEC. Laws exist (in the US) to restrict anyone with less than $500k liquid assets from investing in some of the best investments. The tax laws, made by the rich, for the rich, exacerbate this. CNBC, Bloomberg et. al. are fonts of the most appalling, misleading drivel that ever passed iself off for "investment information". Your broker, your pension advisor, your mutual fund salesman, your gold-dealer, ALL exist primarily to take YOUR money.. and it's the institutionalized level of disinformation that allows so many people to fall for the same old tricks, over and over again. I don't think it's part of a central master plan though.. i think it's the result of many different people, all seeing that something works.
The good news is, it doesn't have to be that way. There is nothing intrinsic in the finacial markets that means people have to hand control of their savings and financial destiny so someone else. Those in the know don't ususally share the knowledge because
a) people don't ask
b) some "knowdedge" particularty relating to finacial markets, becomes less useful the more who know it.
c) talking about money is often a bit of a taboo for some people, and can make one unpopular.
The real problem remains the same though, it is just one step towards the monopolization of our freedom. Every time we turn around there is but another small piece of the puzzle being put together. The discount card is just one way to get people use to being tracked, debit cards are but another way to control and track the money system.
That i can agree with.. again I'm not sure how much of it is intentionally controlled, and how much is just(?) systemic. I'm certainly no fan of big brother though either.
Tell me is it fair that the bankers create a system that puts more money in their pockets. They create a debit/credit card and make it simple and easy for people to use. So simple and so safe that people have no choice to use it. As a business owner why do I have pay the bank for every transaction a person uses their card for in my place of business.
well, people DO have a choice (though a thread on "which has greater control on our subconcious, our concious mind, or advertising" might raise issues there..... the problem is people always tend to take the easy option.
Real freedom is living for yourself and not living for the bankers.
Now on this statement, I really couldn't agree more!
Originally posted by ViewFromTheStars
This 'money' is paid to me?
I sure have not seen any of it.
Who do we owe this money to?
We owe it to the people and entities that have bought or received U. S. debt instruments, such as Savings Bonds, Treasury Notes or Treasury Bills.
That includes:
# Average folks like us
# Large and small corporations
# Banks
# Pension funds
# Insurance companies
# Various U. S. government entities such as the Social Security Trust Fund
# State and local government entities
# Foreign investors
# Foreign corporations
# Foreign governments
Not so simple is it?
Soo.. how much of this interests actually goes 'back' to the American people THEMSELVES?
Again.. paying interest to foreigners who are pulling money out of their rear ends..
Originally posted by orangetom1999
Nowthenlookhere,
This thread moves so rapidly I did not get a chance to tell you that I agree with your position explained here in your reply to Photobug way back on page 7.
I have by observation begun to understand that often the term Professional means keeping others or competitors ignorant of the most basic functions of what goes on around us and for the motivations you express above.
Good post on your part..well done.
Or are you saying other countries are busy printing up their own dollars to buy the government bonds with.?... (actually L'll Kim of N. Korea is doing just that I hear, but that's another story.)
www.investopedia.com...
Money that a government has declared to be legal tender, despite the fact that it has NO INTRINSIC VALUE and is not backed by reserves.
The figure I told you!!!
Hang on there!! If I, or anyone else, lends money to the US government, why the hell shouldn't we be paid interest? I earned my money just like everyone else, and have EVERY right to demand interest when I lend it to someone... or do you have a problem with that concept?
The Federal Reserve System is the result of the Congress and President having agreed to privatize the nation's money system and relinquish the power that should have remained the government's exclusive right. That act was so outrageous the Fed had to be deliberately designed to look like a branch of the federal government to hide the fact that it's really an all-powerful privately owned banking cartel whose member banks (including all the national ones) share in the vast profits earned from having the most important of all franchises governments alone should have - the right to print money in any amount, control its supply and price, and benefit hugely by loaning it out for a profit including to the government itself that must pay interest on the money it should never have to if it simply printed its own. Think of what happened as the government having LEGALIZED THE RIGHT TO COUNTERFEIT THE NATIONAL CURRENCY for PRIVATE GAIN. It's no exaggeration to claim this is the greatest ever of all financial scams causing incomprehensible harm with the public none the wiser. Here's how it works in simple terms:
Originally posted by nowthenlookhere
Originally posted by orangetom1999
Nowthenlookhere,
This thread moves so rapidly I did not get a chance to tell you that I agree with your position explained here in your reply to Photobug way back on page 7.
I have by observation begun to understand that often the term Professional means keeping others or competitors ignorant of the most basic functions of what goes on around us and for the motivations you express above.
Good post on your part..well done.
Thanks... and sorry again if I was bit harsh on you later on in the thread! We may differ on certain key details, but many of the underlying problems, I agree with..
I'm glad it sounds like you're starting to find your way through the financial maze/cess-pit that is Wall St.. (if I read you right).. Keep plugging. Finacial freedom IS possible. I found it age 33(spooky), and now am able to dedicate time, and no short amount of money, helping my friends and loved ones do the same..
YOu won't understand the Fed reports, until you have at least got a basic grounding of modern economic theory... which you will get from those webcast links I posted. You questions, I'm sorry to have to say, are born of ignorance, not insight.
as I've already posted and provided evidence to prove that money IS paid to you!! Page 125 of the report. after expenses of around 5 billion are taken out (and all those expenses are clearly document in the report), the remaining $23 billion or so is paid to the treasury, i.e. the government, i.e. YOU!!!!
Who do we owe this money to?
We owe it to the people and entities that have bought or received U. S. debt instruments, such as Savings Bonds, Treasury Notes or Treasury Bills.
That includes:
# Average folks like us
# Large and small corporations
# Banks
# Pension funds
# Insurance companies
# Various U. S. government entities such as the Social Security Trust Fund
# State and local government entities
# Foreign investors
# Foreign corporations
# Foreign governments
www.washingtonpost.com...
Private investors own about half our $7 trillion-plus of national debt; THE FED and federal trust funds own the rest.
Then change the system!!! I can't do that for you.