Who Actually Owns the Fed and Why That Must End

Discussion in 'United States' started by ironboltbruce, Oct 11, 2011.

  1. Rowland Reeves

    Rowland Reeves New Member

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    The fact that we're not sure who owns the FED or who specifically is making money from within the FED tells us that this is not a transparent organization. It's a elitist controlled organization that is a tool used to maintain their control and power over the people and government.
     
  2. raytri

    raytri Well-Known Member

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    Um ... we know exactly who owns the Fed. And pretty much no one is making money "from within the Fed."
     
  3. Iriemon

    Iriemon Well-Known Member Past Donor

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    The Fed pays remits its profits to the US Govt. Around $100 billion a year, last I checked.

    The FRB makes the policy decisions, not the FOMC. All are appointed by the President.

    None, as your own quotes above prove.
     
  4. Cornergas

    Cornergas Active Member

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    The Federal Reserve of the USA, as with central banks of all countries are controlled by private banks...every dollar cash or credit comes into existence with INTEREST and represents debt to the countries involved..when governments need cash printed or credit they float bond issues through the central banks and individual buys these bonds..the interest clock starts ticking at that point, hence the staggering debtload carried by all countries under this fraudulent system...The USA and Canada federal governments are supposed to provide currency and credit for the nation without debt or interest,. by printing their own treasury currency, with no debt and no interest...of course the banks do not like this as it kills their cash grab...Rothschild the head of the Bank of England was quoted as saying "give me control of a nations money supply and I care not who makes the law".......bingo he is right..they have control over every country that has a central banking system...
    Presidents have tried to reverse this diabolical plot, but ended up dead...Lincoln. Garfield, McKinley and Kennedy...Mr Kennedy was told to take the Abraham Lincoln constitutional money out of circulation...when Mr Kennedy realized the difference he ordered 300 million more dollars of consitutional money printed...a few months later....he was assassinated...
     
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  5. raytri

    raytri Well-Known Member

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    Nothing you wrote is true, including the fake Rothschild quote. Your post belongs in the conspiracy section.
     
  6. Cornergas

    Cornergas Active Member

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    Got some contradictory evidence? Of course you don't....learn the truth and it will make you free...
    Maybe you belong in another section...:banana:
     
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  7. raytri

    raytri Well-Known Member

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    Maybe you could provide evidence of your claims. Here, I'll start.

    Um, no. Printed money does not "come into existence with interest" and does not "represent debt to the countries involved." And most of our money supply is generated by private banks making private loans. Yes, you could say that money comes into existence "with interest", I suppose -- but it most certainly does not represent "debt to the countries involved."

    The national debt is a function of the government spending more than it takes in, and borrowing money to make up the difference. It has nothing to do with whether the underlying financial system is a fiat system. Even if our currency was backed by gold or some other commodity, the government could be in debt if it spends more than it takes in. Just like anybody else.

    And please provide evidence that the system is "fraudulent."

    Says who?

    So you're suggesting that all money should be physical money. Thus essentially eliminating the ability to make electronic payments and unnecessarily hobbling our ability to manage the size of the money supply. Great idea!

    Banks existed long before central banks. They make money either way, in the same way -- by making loans and collecting interest. The creation of central banking did not change that in a meaningful way. Indeed, by creating a federal authority with its hands on the money-supply levers, central banks TOOK AWAY some of the banks' power.

    The Federal Reserve is a public-private entity, so private banks have a seat at the table. But they do not have control.

    The entire system is overseen by the Federal Reserve Board of Governors (FRBoG). Every member is nominated by the President and confirmed by the Senate. Thus, the entire system answers to people appointed by our elected representatives -- and thus, answers to us.

    Monetary policy is determined by the Federal Open Market Committee. It consists of the FRBoG and the heads of 5 of the 12 Reserve banks, with the seats rotating among the banks. Every single person on that board was thus chosen by non-banking people, and approved by the FRBoG.

    The Federal Reserve system is made up of 12 regional Federal Reserve banks. Each one has a nine-person board of directors. Three directors are elected by member banks to represent them; three directors are elected by member banks to represent the public; and three directors are appointed by the Federal Reserve Board of Governors. The head of each bank is elected by its boards, but the banking-industry directors aren't allowed to vote, and all such appointments must be approved by the FRBoG. The banks thus have a voice, but so does the public, and the Board of Governors is firmly in control.

    This is a completely made-up quote. There is no evidence anyone, Rothschild or not, ever said this.

    And this is all conspiracy theory bullshit. Please provide a single shred of evidence to back up your claims. I'll wait.
     
  8. DennisTate

    DennisTate Well-Known Member Past Donor

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    Your reply is exceptionally good... especially this part.......
    this is exactly why I am glad that President Trump, during the campaign called for
    the auditing of the Fed..... although the Fed is already audited...... that audit needs to take into consideration the purpose for Federal Reserve policies....... in relation to 320 million Americans.

     
  9. DennisTate

    DennisTate Well-Known Member Past Donor

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    Very good post... thank you for this.......
    we cannot forget to look at the positive side to Federal Reserve policy.......
    it is certainly better than what went on before it came into existence..... but......
    the psychological fear created by defining ourselves as nearly nineteen trillion dollars in debt is
    dangerous..... and needs to be looked at objectively.
     
  10. DennisTate

    DennisTate Well-Known Member Past Donor

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    I do hope that the theory about a major fallen angel repenting......
    dividing the kingdom of Satan.....
    and causing it to fall is correct!?


    http://www.politicalforum.com/index...d-and-divide-the-kingdom-of-satan-and.369227/
     
  11. Cornergas

    Cornergas Active Member

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    Why the dollar have written on it "Federal reserve note"....the reason is, it represented debt to the country because they have to float interest bearing bond issues to the banking community through th which federal reserve in order to obrtain paper currency and credit...under the consitution of the USA, and the BNA Act of Canada, the governments are supposed to provide the currency and credit for the nations debt and interest free...
    Now look at the way it used to be...the governments buy paper, and ink and already have printing presses, and print the currency...under their own constitutions..instead of incurring interest to the banks, they only incur the costs of paper, ink and employees to print the current...this is constitutional money which does not lead to debt and interest..bankers do not like this as it cuts them out of their cash grab of interest payments from governments....Presidents who went the constitutional route and tried to rid their country of the parasitic cash grab by the banks were assassinated...ie Lincoln, Garfield, McKinley and Kennedy....
     
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  12. DennisTate

    DennisTate Well-Known Member Past Donor

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    Well said......
    that is a big part of my 2006 campaign......

    www.BankingSystemFlaws.BlogSpot.ca/
     
  13. raytri

    raytri Well-Known Member

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    Completely wrong. It is called a "Federal Reserve note" because it is issued by the Federal Reserve, with authority delegated by Congress.

    Issuing printed money does not involve any debt to the country at all. You are completely wrong.

    #1, they do. Printed currency does not involve debt.

    #2, please quote the part of the U.S. Constitution that says anything about the currency printing process having to be "debt and interest free."
     
    Last edited: Apr 12, 2017
  14. Cornergas

    Cornergas Active Member

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    y
     
  15. raytri

    raytri Well-Known Member

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    Um ... you make a series of false statements, and then say I'M the one who isn't familiar with the topic?

    How about this: You stop saying things that are obviously false, and I'll start taking you seriously.
     
  16. Cornergas

    Cornergas Active Member

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    Here are the facts about the globalist bankers control of the USA and just about all countries on the planet..anybody that wants to remain independent of these thugs are designated "enemies" by the globalists, and we see that today....North Korea, Iran, Syria and in the recent past Libya, Iraq and many others have been on the hit list of the greedy globalist bankers....http://www.whatreallyhappened.com/WRHARTICLES/allwarsarebankerwars.php#axzz4ec3MdzXX
     
  17. raytri

    raytri Well-Known Member

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    LOL! So in your world, the world's most repressive and homicidal regimes are really freedom fighters against the banks.

    Just go away. You have nothing to contribute here.
     
  18. Cornergas

    Cornergas Active Member

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    j

    If you had any education you might understand what it is all about...the most repressive and criminally insance regime is located in the USA right now and has been for many years...you have been brainwashed by the propaganda put out by the new media in the USA, and refuse to do any research...that is your problem....maybe the PIC (puppet in chief) of the USA will help you educate yourself..oh wait he has to bring himself up to speed first....goodbye little man or whatever you are....
     
  19. DennisTate

    DennisTate Well-Known Member Past Donor

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  20. DennisTate

    DennisTate Well-Known Member Past Donor

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    This poll is indirectly related to your excellent question dad2three.


    Did going bankrupt in '91 prepare Mr. Trump for the Presidency?


     
  21. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

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    You just owned his arse and gave him a major arse beating.well done.LOL
     

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