Ron Paul A Distaster For The USA. Hes Always Wrong. Why Is There So Much Love For Him ? Wrong Paul

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by DAVID64
Just the fact that you think the Federal Reserve and Homeland Security are good ideas is enough for me to dismiss your thread as a waste of time. The Fed is one of the big reasons the economy is in the shape it's in. Before you continue spouting pro government propaganda, you should wake up to the damage they're doing.

Do you know why the Fed is important ? The Fed was created in response to major financial panics. There were many panics leading up to its creation in 1913.

Do you know what the Fed does ? The Fed controls the monetary policy of the US. It tries to maintain price stability and stable interest rates for the long term ect...

The Fed is not a private bank either, which I see people here have a misconception about. The Fed is an independent, but is still part of the government and has congressional oversight and its Board of governors are chosen by the president and confirmed by the senate.
What this means is that he Fed does not keep any profits it earns or sends it to Bernakes private account hidden in Switzerland either. When the Fed makes a profit it usually turns most of it to the Treasury.

Ok... seriously, give me a straight answer here. Name one positive thing the feds can do that we can not do on a state level.

The states cannot alter the money supply. The states cannot control the interest rates. There, I named two things. Do you want more ?

Why can't they? They can't alter their own money supply or their own interest rates? Why not?

States do not have the ability to alter money made by the federal government. States simply do not have that ability to do anything that the Fed can do.
The states do not make money the federal govt does.

Why would you say that? They just somehow, intrinsically, lack the "ability" to do that? I asked you what can the feds do that the states cannot do. You are just telling me what the feds do that the states don't currently do. This has nothing to do with ability.

In order for the states to regulate the money supply, interest rates, ect.. each state would have to make its own currency and then then they could do what the Fed does now, but Until there are 50+ currencies in the US, one or more made by each state, the states cannot do anything.

Originally posted by theUNKNOWNawaits

Originally posted by gorgi

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by DAVID64
Just the fact that you think the Federal Reserve and Homeland Security are good ideas is enough for me to dismiss your thread as a waste of time. The Fed is one of the big reasons the economy is in the shape it's in. Before you continue spouting pro government propaganda, you should wake up to the damage they're doing.

Do you know why the Fed is important ? The Fed was created in response to major financial panics. There were many panics leading up to its creation in 1913.

Do you know what the Fed does ? The Fed controls the monetary policy of the US. It tries to maintain price stability and stable interest rates for the long term ect...

The Fed is not a private bank either, which I see people here have a misconception about. The Fed is an independent, but is still part of the government and has congressional oversight and its Board of governors are chosen by the president and confirmed by the senate.
What this means is that he Fed does not keep any profits it earns or sends it to Bernakes private account hidden in Switzerland either. When the Fed makes a profit it usually turns most of it to the Treasury.

Ok... seriously, give me a straight answer here. Name one positive thing the feds can do that we can not do on a state level.

The states cannot alter the money supply. The states cannot control the interest rates. There, I named two things. Do you want more ?

Why can't they? They can't alter their own money supply or their own interest rates? Why not?

States do not have the ability to alter money made by the federal government. States simply do not have that ability to do anything that the Fed can do.
The states do not make money the federal govt does.

Actually the Federal Reserve makes money. And the Federal Reserve is not a government agency it is a corporation controlled by the Bankers.

face palm.

The Federal reserve is not controlled by bankers. The Fed is an independent part of the government. It is not privately run.
Are you purposely trolling now? No one is this uninformed or uneducated.

reply to post by gorgi


"Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately-owned and locally controlled corporations." [Lewis vs. U.S., 680 F. 2d 1239, 1241]

"We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. Some people think the Federal Reserve Banks are U.S. government institutions. They are not government institutions. They are private credit monopolies; domestic swindlers, rich and predatory money lenders which prey upon the people of the united States for the benefit of themselves and their foreign customers. The Federal Reserve Banks are the agents of the foreign central banks. The truth is the Federal Reserve Board has usurped the Government of the United States by the arrogant credit monopoly which operates the Federal Reserve Board." [Congressman Louis T. McFadden, Chairman of the House Banking & Currency Committee, speech on the floor of the House of Representatives, June 10, 1932]

"In the united States we have, in effect, two governments....We have the duly constituted Government....Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution." [Congressman Wright Patman, Chairman of the House Banking & Currency Committee, speech on the House floor, 1967]

"Most Americans have no real understanding of the operation of the international money lenders....The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and....manipulates the credit of the united States." [Senator Barry Goldwater]

"Federal Reserve Notes are illegal" [US Representative Dr. Ron Paul]

some quotes for you

reply to post by gorgi


That's insane. Why would you need a separate currency to hold your own state reserve and set your own interest rates?

Look at EU nations. They all use the Euro but the central banks of each nation can set their own interest rates.

Originally posted by Cuervo
reply to post by gorgi

 

That's insane. Why would you need a separate currency to hold your own state reserve and set your own interest rates?

Look at EU nations. They all use the Euro but the central banks of each nation can set their own interest rates.

edit on 14-5-2011 by Cuervo because: EU Addition.

Because then each state would have different rates and that would be insane. How would states walter the money supply. If texas prints more what will stop new york from printing even more. By that rate post WW1 Germany would look good.
Set what reserve? Gold? Another joke.

Have you seen the Euro recently ? How many countries are going under ? The separate Euro countries cannot alter their money supply. The Euro might even collapse.

reply to post by gorgi


HAHAHA proof that you know nothing on the subject!

You are either a bad shill, bad troll or just plain uneducated on the subject you are trying to argue.

.... just asking - you're not George Bush Jr. are you???

Originally posted by theUNKNOWNawaits
reply to post by gorgi

 

"Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately-owned and locally controlled corporations." [Lewis vs. U.S., 680 F. 2d 1239, 1241]

"We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. Some people think the Federal Reserve Banks are U.S. government institutions. They are not government institutions. They are private credit monopolies; domestic swindlers, rich and predatory money lenders which prey upon the people of the united States for the benefit of themselves and their foreign customers. The Federal Reserve Banks are the agents of the foreign central banks. The truth is the Federal Reserve Board has usurped the Government of the United States by the arrogant credit monopoly which operates the Federal Reserve Board." [Congressman Louis T. McFadden, Chairman of the House Banking & Currency Committee, speech on the floor of the House of Representatives, June 10, 1932]

"In the united States we have, in effect, two governments....We have the duly constituted Government....Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution." [Congressman Wright Patman, Chairman of the House Banking & Currency Committee, speech on the House floor, 1967]

"Most Americans have no real understanding of the operation of the international money lenders....The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and....manipulates the credit of the united States." [Senator Barry Goldwater]

"Federal Reserve Notes are illegal" [US Representative Dr. Ron Paul]

some quotes for you

You gave me quotes from a bunch of crazy politicians.What does that prove ? People do not like the Fed. A lot of people do not like what they cannot understand.

And really, quoting Ron Paul to prove Ron Paul. Thats a new one. How are the federal reserve notes aka US Dollar illegal ? I want to know that one.

Originally posted by gorgi

Originally posted by Cuervo
reply to post by gorgi

 

That's insane. Why would you need a separate currency to hold your own state reserve and set your own interest rates?

Look at EU nations. They all use the Euro but the central banks of each nation can set their own interest rates.

edit on 14-5-2011 by Cuervo because: EU Addition.

Because then each state would have different rates and that would be insane. How would states walter the money supply. If texas prints more what will stop new york from printing even more. By that rate post WW1 Germany would look good.
Set what reserve? Gold? Another joke.

Have you seen the Euro recently ? How many countries are going under ? The separate Euro countries cannot alter their money supply. The Euro might even collapse.

Why would the states be able to alter their money supply by printing money? Every problem you bring up about a state level are the same problems we have on a federal level. How does the US alter it? We print a crap load of money. You think that's a better solution?

You gave me quotes from a bunch of crazy politicians.What does that prove ? People do not like the Fed. A lot of people do not like what they cannot understand.

And really, quoting Ron Paul to prove Ron Paul. Thats a new one. How are the federal reserve notes aka US Dollar illegal ? I want to know that one.

They are illegal as they are not backed by anything.

You can't just say "I have a money printing machine, therefore I can print as much money as I like"

Originally posted by Flying Sorcerer

You gave me quotes from a bunch of crazy politicians.What does that prove ? People do not like the Fed. A lot of people do not like what they cannot understand.

And really, quoting Ron Paul to prove Ron Paul. Thats a new one. How are the federal reserve notes aka US Dollar illegal ? I want to know that one.

They are illegal as they are not backed by anything.

You can't just say "I have a money printing machine, therefore I can print as much money as I like"

Exactly!!!

Thank you.

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by Cuervo
reply to post by gorgi

 

That's insane. Why would you need a separate currency to hold your own state reserve and set your own interest rates?

Look at EU nations. They all use the Euro but the central banks of each nation can set their own interest rates.

edit on 14-5-2011 by Cuervo because: EU Addition.

Because then each state would have different rates and that would be insane. How would states walter the money supply. If texas prints more what will stop new york from printing even more. By that rate post WW1 Germany would look good.
Set what reserve? Gold? Another joke.

Have you seen the Euro recently ? How many countries are going under ? The separate Euro countries cannot alter their money supply. The Euro might even collapse.

Why would the states be able to alter their money supply by printing money? Every problem you bring up about a state level are the same problems we have on a federal level. How does the US alter it? We print a crap load of money. You think that's a better solution?

Even thought the treasury make the money, the Fed works with them on a lot of issues. If the states were going to have the same power then they would be making their own money as well.
We have the option to expand the money supply or contract it. It depends on the situation of the economy and what needs to be done. Right now we need expansionary monetary pol;icy.

Originally posted by Flying Sorcerer

You gave me quotes from a bunch of crazy politicians.What does that prove ? People do not like the Fed. A lot of people do not like what they cannot understand.

And really, quoting Ron Paul to prove Ron Paul. Thats a new one. How are the federal reserve notes aka US Dollar illegal ? I want to know that one.

They are illegal as they are not backed by anything.

You can't just say "I have a money printing machine, therefore I can print as much money as I like"

Is this a joke? I really cannot tell. Do you really think thats what the Fed does all day? printing money ? I really do not know what to say. I keep putting down facts and then someone says something so uneducated it amazes me and leaves me speechless.

Its not backed by anything? Its backed by the faith of the US government. What backs gold? Its a shiny metal that has some industrial use. How about silver ? We put value on it similar to the USD.

Originally posted by gorgi

Originally posted by Cuervo

Originally posted by gorgi

Originally posted by Cuervo
reply to post by gorgi

 

That's insane. Why would you need a separate currency to hold your own state reserve and set your own interest rates?

Look at EU nations. They all use the Euro but the central banks of each nation can set their own interest rates.

edit on 14-5-2011 by Cuervo because: EU Addition.

Because then each state would have different rates and that would be insane. How would states walter the money supply. If texas prints more what will stop new york from printing even more. By that rate post WW1 Germany would look good.
Set what reserve? Gold? Another joke.

Have you seen the Euro recently ? How many countries are going under ? The separate Euro countries cannot alter their money supply. The Euro might even collapse.

Why would the states be able to alter their money supply by printing money? Every problem you bring up about a state level are the same problems we have on a federal level. How does the US alter it? We print a crap load of money. You think that's a better solution?

Even thought the treasury make the money, the Fed works with them on a lot of issues. If the states were going to have the same power then they would be making their own money as well.
We have the option to expand the money supply or contract it. It depends on the situation of the economy and what needs to be done. Right now we need expansionary monetary pol;icy.

You say all of that like it's a good thing! You are assuming that states would do that. Do you think 50 separate entities would make the same tried and true mistake that the feds made? I can imagine one, maybe two states imitating federal policy. The rest know better and would be much more fiscally sound. If not, they'd at least be isolated and not screwing over the other 49 states.

major laugh attack here man!

"Its backed by the faith of the US government."

hahahaah ok mate, keep up the poor trolling

reply to post by gorgi


... yes I think the Fed just sits there printing money all day...

ok now that the sarcasm button is off - NO, it was a generalisation. Of course I don't think that, no one here is as daft as you to be so narrow minded.

The Fed borrows money with nothing to back it up, they borrow money to foreign banks too.

Are you still defending your claims of the Federal Reserve being part of the government??

Originally posted by gorgi

The Fed is not a private bank either, which I see people here have a misconception about. The Fed is an independent, but is still part of the government and has congressional oversight and its Board of governors are chosen by the president and confirmed by the senate.

What this means is that he Fed does not keep any profits it earns or sends it to Bernakes private account hidden in Switzerland either. When the Fed makes a profit it usually turns most of it to the Treasury.

Actually the USA government and the Federal Reserve are private corporations registered in the state of delaware. The treasury prints the money for the FED but the money belongs to the FED, just like me printing my college midterm paper at the university computer labs and then keeping that midterm to myself.

Government does not get any money from the FED, unless by direct loan which is seldom, rather they collect money from the taxpayers via the IRS(which is also private) and have to theoretically balance the budget from those funds. If they cannot, then they have to issue treasury bonds over an extended period of time at an interest rate.

So the FED does not give or loan money to anyone, other than commercial banks within the United States of America at the going prime rate. Then the commercial banks reloan that money to customers at their chosen rate to make up for lack of deposits and to increase the interest revenue from greater currency turnaround. Commercial banks are in the business of lending money for profit, so the higher the volume of transactions the greater the interest collected.

When people say the bankers own the FED I assume they mean exactly that. The majority shareholders of the FED are those that hold the majority of shares in big commercial banks such as BNP, Citicorp, Bank Of America, Watchovia, Chase Manahattan, mortgage companies, stock brokers, etc.....

Everything is being operated for profit and the treasury basically prints money, pays government salaries and pays social welfare programs that are not handled by the states. It does not issue currency and the profits from the FED, which always profits, goes to the shareholders of the government and FED! In other words, it is a web of deceit from the top to the bottom. State Capitalism and the big transnational corporations sleep in the same bed and they pay for the laws of society which as always they are above the cut.

Yes we do have capitalism, but its rigged capitalism. Socialism and communism in europe was rigged as well in favor of the elite. Everything was rigged to their advantage and always has been. This is the true global burgouise class operating in stealth eating the seed corn as crimvelvet so eloquently said.

Originally posted by crimvelvet
reply to post by EarthCitizen07

 

Politicians Lie, Numbers Don't

And the numbers show that Democrats are better for the economy than Republicans.
By Michael Kinsley
Posted Tuesday, Sept. 16, 2008, at 1:49 PM ET

There is no secret about any of this. The figures below are all from the annual
Economic Report of the President, and the analysis is primitive. Nevertheless, what these numbers show almost beyond doubt is that Democrats are better at virtually every economic task that is important to Republicans.

Go ahead and read the full article and then download the chart to do the comparisons!

The problem is reports of this nature do not take into account the consequences of the actions of the administration down the road.

I understand that but what does it have to do with who spends less/more money? Apples and oranges much?

Hardcore conservatives have A TERRIBLE HABIT of bashing democrats for overspending and mismanagement when its the republicans that spend on average twice as much as republicans. The chart I provided proves that without a doubt.

Are you going to ignore the evidence in an effort to make ron paul and the republicans look good? Ron Paul is an idiot eventhough he speaks a little truth here and there. Creating multiple currencies for competitions sake will do much more damage to the economy through confusion/instability rather than lower the prime rate which is already rock bottom.

Please I would hope people educate themselves before jumping on the ron paul bandwagon.

well at least mr. paul's not hiding anything
and hes not trying to strip away our Constitution
hes got my vote

Originally posted by gorgi

Originally posted by Flying Sorcerer

You gave me quotes from a bunch of crazy politicians.What does that prove ? People do not like the Fed. A lot of people do not like what they cannot understand.

And really, quoting Ron Paul to prove Ron Paul. Thats a new one. How are the federal reserve notes aka US Dollar illegal ? I want to know that one.

They are illegal as they are not backed by anything.

You can't just say "I have a money printing machine, therefore I can print as much money as I like"

Is this a joke? I really cannot tell. Do you really think thats what the Fed does all day? printing money ? I really do not know what to say. I keep putting down facts and then someone says something so uneducated it amazes me and leaves me speechless.

Its not backed by anything? Its backed by the faith of the US government. What backs gold? Its a shiny metal that has some industrial use. How about silver ? We put value on it similar to the USD.

People have a hangup over gold and silver as though money needs to be backed by something.

Problem is everything needs to be valued under one system or another....

so it becomes a circular argument of logic. Did the chicken come before the egg or the egg before the chicken?

How can we affix(backup) currency to gold and silver when the value of money itself has not been established yet in order to put a definite value on that gold and silver?

Ron Paul is for the people...really....I don't thinks so....then why did he say if he had been in congress he would have voted against the civil rights act.......