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So when they say, 9/11 changed the world forever, you go ahead and believe it. Because at that very date, an elite few took over the world’s most important empire.
Originally posted by ofhumandescent
reply to post by KpxMarMoTT
People are so easy to manipulate with fear.
The enemy wasn't over there, as much as within.
So what are we going to do about it?
Can this trend be reversed.
[edit on 4-8-2010 by ofhumandescent]
Originally posted by airspoon
The issue of whether the Federal Reserve is public or private is complicated to say the least, though it certainly isn't privately held. The accurate answer is actually neither public nor private.
1. The Fed is privately owned.
Its shareholders are private banks. In fact, 100% of its shareholders are private banks. None of its stock is owned by the government. If the Fed were actually a federal agency, the government could issue U.S. legal tender directly, avoiding an unnecessary interest-bearing debt to private middlemen who create the money out of thin air themselves. Among other benefits to the taxpayers. a truly "federal" Federal Reserve could lend the full faith and credit of the United States to state and local governments interest-free, cutting the cost of infrastructure in half, restoring the thriving local economies of earlier decades.
2. The Fed generates profits for its shareholders.
The interest on bonds acquired with its newly-issued Federal Reserve Notes pays the Fed’s operating expenses plus a guaranteed 6% return to its banker shareholders. A mere 6% might not sound excessive, but businesses that manage to cover all their expenses and give their shareholders a guaranteed 6% return are considered "for profit" corporations.
The basic reserve requirement set by the Fed is 10%. Federal Reserve Statistical Release H.8 puts the total "loans and leases in bank credit" as of 9/24/08 at $7,049 billion. That means taxpayers will be paying interest to the banks on at least $700 billion annually.
Originally posted by Totalstranger
cout detat was a really cool term for me when I was 17/18 back in 1992/93.
nothing of the sort has happened in the US and throwing out "big" words wont make it true
Originally posted by airspoon
You must be confusing it with the Federal Reserve, which also isn't privately held, though it is often mistaken as such. For the purposes of this post, I'll assume you meant the Federal Reserve.
The issue of whether the Federal Reserve is public or private is complicated to say the least, though it certainly isn't privately held. The accurate answer is actually neither public nor private.
On one hand, it was created by Congress in 1913
and still has oversight, to a degree.
It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms.
www.federalreserve.gov...
For instance, the President appoints and the Senate confirms the members of its Board of Governors.
So, the claim that the "Fed is privately owned" is correct -- each Federal Reserve Bank is owned by private for-profit commercial banks and S&Ls.
Why are member banks -- the owners -- at the bottom of the organization chart? They are at the bottom because unlike the shareholders of a typical corporation such as IBM, member banks have very little power over how their regional Federal Reserve Bank is run. And they have no control at all over monetary policy. Shareholders of IBM elect the company's board of directors who in turn choose the firm's CEO, so they have a collective say on the company's operations. Member banks also get to select 6 of the 9 directors of their regional Federal Reserve Bank, but these directors control only the Bank's daily operations, not monetary policy which is the most important function of the Federal Reserve System (12 USCA §301 and 12 USCA §302).
www.publiceye.org...
Also, after it pays for its expenses, it hands off the profits to the Treasury Dept. Its expenses is the tricky part and could be seen as profitting those who influence it.
The correct term for the Fed Res should be an independent entity within the government. Contrary to popular belief, it is not technically a "for-profit", privately held bank, though that doesn't mean that its influencers can't or don't profit from it.
Originally posted by JohnySeagull
I think it may be a very long time before this can be reversed.
People will put up with almost anything to avoid death. People will do anything to avoid death. People are terrified of dying. People do not want to die.
In the mainstream soceity has allowed 'Death' to beome soemthing to fear. Death is pain,sadness, suffering, illness, disease, darkness, alone, stop breathing, punishment for all bad things you done and most of all 'the unknown'
Most people I know, and even a lot of people on here to have stated that they would do anything to stay alive. I have never been able to understand this.
Until people realise that 'death' is not something to fear they can be manuipulated and abused so much.
We need to celebrate and embrace death. Its a new beginning for the people that pass.
I truly believe that most of the population are so scared today that they would do anything they are told and put up with anything becuase they are so scared of what will happen if they don't.
THe first and possibly one of the most difficult steps of this is to admit to this fear. Most people won't.
Originally posted by GoldenFleece
Originally posted by airspoon
The issue of whether the Federal Reserve is public or private is complicated to say the least, though it certainly isn't privately held. The accurate answer is actually neither public nor private.
The Fed is absolutely privately held
The Federal Reserve's structure is composed of five parts:
1. The presidentially appointed Board of Governors (or Federal Reserve Board), an independent federal government agency located in Washington, D.C.
2. The Federal Open Market Committee (FOMC), composed of the seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank presidents, which oversees open market operations, the principal tool of U.S. monetary policy.
3. Twelve regional Federal Reserve Banks located in major cities throughout the nation, which divide the nation into twelve Federal Reserve districts. The Federal Reserve Banks act as fiscal agents for the U.S. Treasury, and each has its own nine-member board of directors.
4. Numerous other private U.S. member banks, which own required amounts of non-transferable stock in their regional Federal Reserve Banks.
5. Various advisory councils.
According to the board of governors of the Federal Reserve, "It is not 'owned' by anyone and is 'not a private, profit-making institution'. Instead, it is an independent entity within the government, having both public purposes and private aspects." The U.S. Government does not own shares in the Federal Reserve System or its component banks, but does receive all of the system's annual profits after a statutory dividend of 6% on their capital investment is paid to member banks and a capital account surplus is maintained. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. The Federal Reserve transferred a record amount of $45 billion to the U.S. Treasury in 2009.
The division of the responsibilities of a central bank into several separate and independent parts, some private and some public, results in a structure that is considered unique among central banks. It is also unusual in that an entity (the U.S. Department of the Treasury) outside of the central bank creates the currency used.