yep.Here is a reality check for those ron paul hater blowhards to deal with right now. http://www.youtube.com/watch?v=anWsU93fFsk Oh never mind,I just viewed your video and I see you beat me to the punch.The blowhards will try and dodge these facts of course.they already are like the cowards they are.
at least my name would be something other than 'establishment slave' the status quo is flawed. anyone that doesnt realize that doesnt have their eyes open. anyone who thinks obama or romney is capable of fixing our problems is completely blind. the establishment supports those that would serve their self-preservation, those that would perpetuate their flawed agenda. obama and romney are products of the establishment. their big-money sponsors arent funding a candidate out of patriotism or the goodness of their heart, theyre funding a candidate that will return the favor with tax-payer money, and corrupt policy. theyre not funding ron paul...nor would they even think of it, because he isnt a political prostitute. take note from thomas edison, its worth trying something new, even if you dont expect it to work, because eventually youll find something that does work. ron paul is that something, he might not have all of the answers, he might be flawed, but he doesnt perpetuate an agenda that supports those who support the political scheme. things a sane person should acknowledge: 1. this country is steadily doing worse economically 2. this country is steadily losing public support for our interventionist foreign policy 3. true unemployment levels have been rising for 5 years 4. the federal reserve makes mistakes 5. the value of the dollar is going down 6. blowback: The unintended adverse results of a political action or situation. (9/11) 7. the political atmosphere is leading the u.s. to socialism 8. obamacare will require all citizens to purchase a product, whether or not they want to 9. the debt is rising 10. there is no escape, so you might as well vote for romney, at least the destruction of this country will be expedient
well, it's a good thing your knowledge and insight gave you the ability to select the most meaningless part of my post. you wouldn't happen to have selective hearing, would you?
.......but none of the profits that its private shareholder's private banks generate due to FED activity. Sorry that simple concepts elude you.
other than a measly 6% return on their capital investment in stock, shareholders don't get any of the fed's profit
how can we even say that the fed has profits? aren't they printing money? i bet i'd have more 'profits' too, if i could print money while also running a business...it might even distract my subordinates from my poor management and business decisions. hmmm...
are you kidding me? Fed Returns $76.9 Billion of 2011 Profit to Treasury - 1/10/2012 The Federal Reserve said Tuesday it will send about $76.9 billion of its estimated 2011 net income over to the Treasury. Each year, the Fed sends its earnings, minus operating costs and other expenses, to the fiscal authority. The Fed estimated its net income for last year at $78.9 billion, down from a record $80.9 billion in 2010. Through its conduct of unconventional monetary stimulus, which has been implemented with purchases of government bonds, the Fed has more than tripled its balance sheet since the start of the 2008 financial crisis, to about $2.9 trillion. The Fed turns over profits to the Treasury annually and has never posted a loss. http://www.cnbc.com/id/45944309/Fed_Returns_76_9_Billion_of_2011_Profit_to_Treasury no, they don't print any money, not one dollar, only the treasury dept prints currency i'm pretty sure you'd still suffer from poor management and business decisions
then why doesn't anyone point that out when ron paul talks about it? or have i misunderstood him? if that is true, doesn't seem like 'end the fed' is the solution, if printing money and adding the the amount of currency in circulation is the problem, then the treasury is to blame, or at least whoever is running it... poor decisions have consequences, but if i made money out of thin air, where would the consequences be?
i've been pointing it out for more than 30 years the problem here is the you've never taken an economics class and don't understand how the fed, the money supply and money creation work all money comes from out of thin air, it's an invention of mankind
but you have studied it, so what is your excuse ? very next words out of your mouth, and you've already proven your lack of knowledge.
just think, if the media would report objectively, and folks would look into issues more objectively....choosing between bad and worse wouldn't be an issue
perhaps you can copy and past another excerpt from the FED's URL content. So enlightening. ....that you don't acknowledge the difference between the FED and it's shareholder's private banks, because you are dishonest.
I addressed the private banks and their shareholders. You replied with a pointless post about the FED shareholders. Sorry you tried to be deceitful and failed.