Debt vs Gold ?

[Baker]

The Federal Reserve ADMITS that Its 12 Banks Are PRIVATE - Not Government - Entities → Washingtons Blog...

Yeah, but that is just a lot of wordsmithing gobbleygook.

"Public" means owned by the government. "Private" means not owned by the government.

A stack of Webster's Dictionaries can't change that, no matter which words are used.

If I'm wrong, explain the implications of your quoted text.

[bluntz]

Yeah, but that is just a lot of wordsmithing gobbleygook.

"Public" means owned by the government. "Private" means not owned by the government.

A stack of Webster's Dictionaries can't change that, no matter which words are used.

If I'm wrong, explain the implications of your quoted text.

I know this is hard to swallow, maily because it has had 100 years to cover it's tracks and muddy the water by having some official looking bills and appointments of it's reps to federal positions.

The Federal Reserve is a PRIVATE CENTRAL BANK. And yes, it does make huge profits by charging interest on every dollar it lends to the U.S. Treasury. Where do you think our national debt comes from? We don't only borrow money from China.

It is difficult researching who the investors of the Fed are, because the Federal Reserve Bank is not a publicly traded corporation and is therefore not required by the Securities and Exchange Commission to publish a list of its major shareholders. Corporate Banks such as Chase Manhattan and Citigroup, both Rothschild interests, are considered major shareholders in the Fed, however, a direct correlation can not be made without a full audit of the Central Bank, which has never been done. Naysayers will claim that the GAO audits the Fed often, but these audits are normally of Banks CONNECTED to the Fed, not the Federal Reserve board itself.

The Government Accounting Office does not have complete access to all aspects of the Federal Reserve System. The Federal Banking Agency Audit Act stipulates the following areas are to be excluded from GAO inspections:

(1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization;

(2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, open market operations;

(3) transactions made under the direction of the Federal Open Market Committee; or

(4) a part of a discussion or communication among or between members of the Board of Governors and officers and employees of the Federal Reserve System related to items.

So, basically everything that we NEED to know about the Fed is excluded from any Audit. Anyone who says otherwise is twisting the facts, or lying outright.

I have also heard claims that the Fed does not print money or oversee the printing of money. This is false.

"In 1990, at a cost of 2.6 cents each, over seven billion notes worth about $82 billion were ((produced for circulation by the Federal Reserve System.)) Ninety-five percent will replace unfit notes and five percent will support economic growth. At any one time, $200 million in notes may be in production. Notes produced in 2002 were the $1 note, 41% of production time; the $5 note, 19%; $10 notes, 16%; $20 note, 15%; and $100 note, 9%. No $2 or $50 notes were printed in 2002."

This quote is from a Federal Reserve Website under (oddly enough) "PRINTING OF CURRENCY":



To be fair though, most of the money the Federal Reserve "creates" is not paper but electronic.

Currently the Federal Government spends more than they can tax us each year, entirely because they’re paying all of this revenue towards interest on previous years’ loans. So, what they do is have the Treasury print U.S. Bonds to exchange for loans from the privately owned Federal Reserve System.

The private Federal Reserve owners don’t have a trillion dollars to lend the Government, nor do they need it. All they do is create it, via a bookkeeping entry, and write a check to the U.S. Government as the loan in exchange for the U.S. Bonds. The U.S. Government banks at the Federal Reserve Bank so cashing this check is very easy.

The Government now spends this newly created money into the economy by paying the Court, Postal and Military employees, etc. These consumers then deposit their paychecks in a commercial bank, Bank of America for example. The commercial banks deposit their customers’ check (newly deposited money) at their local Federal Reserve Bank and the Reserve Bank allows the commercial bank to issue up to 33 times more new electronic money, some of which is used to cover the customers’ initial deposit. This is called "Fractional Reserve Banking."

The Fed basically loans money to the U.S. treasury with interest, which the Treasury could easily create for itself without interest. There is absolutely no need for the Fed. This is why both Lincoln and Kennedy tried to mint "US Treasury Notes" and shut down the central banks of their eras. Funny what happened to them immediately after they tried to do this........

Even the Federal Reserve publication "How Banks Create Money" asserts: "Banks actually create money when they lend it. Here's how it works: Most of a bank's loans are made to its own customers and are deposited in their checking accounts. Because the loan becomes a new deposit, just like a paycheck does, the bank once again holds a small percentage of that new amount in reserve and again lends the remainder to someone else, repeating the money-creation process many times."

The Federal Reserve Website is disingenuous when explaining its own structure. For instance, Candidates for the Board of Governors are put on a "short list" by the Fed's Board of Directors. 6 out of 9 of these directors are selected by the Fed itself. This list is then given to the Senate and the President, and THEN he chooses members of the board, so in reality, it is the Fed who chooses who is on the Board of Governors. The Board of Governors is almost always made up of Bank CEO's, or Corporate CEO's, which leaves it wide open to corruption, and the Board provides little or no REAL oversite to the Fed, which was obvious in the Fed bailout of Bear-Stearns with public finances.

In Lewis v. United States, the United States Court of Appeals for the Ninth Circuit stated that "the Reserve Banks are not federal instrumentalities… but are independent, privately owned and locally controlled corporations." I think that this is quite clear that the Fed is PRIVATE.

[bluntz]

The Fed in American history.
Untitled Document

[bluntz]

Bump.

[bluntz]

Ron Paul interview

All the gold in fort knox missing?

[wicked_lord]

All the gold in fort knox missing?

Funny you posted this, i watched it last night lol

[Mindf!3ldzX]

wtfok

[bluntz]

Yea, do you begin to see the bigger picture yet?
Do you know what was under the World Trade Center?
Coincidence?
The banksters are so close to ruling the planet it's not funny.
Check out the holdings of the IMF and hold on to your sack.Once they have ALL the gold they will show their true face.
The only 3 countries left that can oppose them are China Venezuela and Iran and if you watch closely and read between the lines you can see they have plans in the process to conquer them as well.Unfortunately for us it will be done through the destruction of America,Their biggest prize.
Hopefully those three nations resist the insertion of the central bank and upend their plans for WW4.
Edit:
Too late banks in place, Chavez nationalized his and is trying to
get what is on deposit around the world...good luck with that.
IMF got em all,guess all that's left is bankrupting the US also well along.
The last American Dollar:
http://www.orwelltoday.com/jfkdollaramerican.shtml

[Mindf!3ldzX]

Yea, do you begin to see the bigger picture yet?
Do you know what was under the World Trade Center?
Coincidence?
The banksters are so close to ruling the planet it's not funny.
Check out the holdings of the IMF and hold on to your sack.Once they have ALL the gold they will show their true face.
The only 3 countries left that can oppose them are China Venezuela and Iran and if you watch closely and read between the lines you can see they have plans in the process to conquer them as well.Unfortunately for us it will be done through the destruction of America,Their biggest prize.
Hopefully those three nations resist the insertion of the central bank and upend their plans for WW4.

I found this video [ame=http://www.youtube.com/watch?v=mOwZwkhFemQ]WORLD BANKER MAKES STUNNING CONFESSION - YouTube[/ame]

and this video [ame=http://www.youtube.com/watch?v=d70KhYzBhT4]Michio Kaku Drops Knowledge Bombs - YouTube[/ame]

combined together paint a dismal future for the USA in terms of being at the forefront of anything.

[bluntz]

Yea China has no problem using slaves and the banksters love making 100 times the profit selling those goods here at the same price they paid us to make them.
Free trade my ass.I wonder if the Chinese know of their exploitation.Free trade is a favorite tool to destroy an economy.
Another is making a country huge loans they know they can not repay.

[Baker]

Globalism is a problem. And sadly, some economic conspiracies are real and are a grave concern.

[This doesn't mean all economic conspiracy ideas are real. But at a certain threshold, there are interests seeking to hurt the general populace and welfare of the USA and they try to do it by lobbying and trade policy. And our government is rather easy to influence in ways not in the best interests of its citizens.]

[bluntz]

Ron Paul's �Audit the Fed' bill passes the House

"This bill would ... jeopardize the Fed's independence by subjecting its decisions on interest rates and monetary policy to GAO audit," said House Minority Whip Steny Hoyer, a Democrat from Maryland.
Soon all will know the truth about the "FED"
Go Ron!

[bluntz]

Reality Check: Harry Reid Flips His 25 Year Position on Auditing The Fed?
This clown has obviously sold us all out.

Harry Reid

[Mindf!3ldzX]

With that much epic "People vs Goverment" style winning under Ron Pauls belt SO RECENT going into this election, I wont be suprised one bit if he wins in a landslide. All things considered, Mitt Romney & Obama are gonna be needing more than their recent shit-flinging contest to win this thing. I think Ron Paul could sweep, 5-0, graped,etc.

I also think a shit ton of goverment types will be pissed if Ron Paul wins, due to his very vocal stance on shit like the criminal/justice/incarceration system. The DEA could very well be in his crosshairs who knows what that man is capable of.

[bluntz]

Globalism is a problem. And sadly, some economic conspiracies are real and are a grave concern.

No doubt, in my opinion the most damaging tactic used is speculative trading of currencies.If an organization is immune from the reach of the SEC and they set the rates for those countries assets,they are free to devalue it by trading it's futures on the international market making untold billions in the scheme and bankrupting smaller nations in very short order.
Spain and Italy banned this shit this week.
As for conspiracies I think you are going to love this one.
Check out the news flash surrounding the batman shooter.
http://www.hangthebankers.com/batman...libor-scandal/
Robert Holmes, the shooting suspect’s father, is a senior lead scientist with FICO, the American credit score company. He was scheduled to testify in the next few weeks before a US Senate panel that is investigating the largest bank fraud scandal in world history. This banking fraud threatens to destabilize and destroy the Western banking system.

Robert Holmes not only uncovered the true intent of the massive LIBOR banking fraud, but his “predictive algorithm model” also traced the trillions of “hidden”dollars to the exact bank accounts of the elite classes who stole it. In other words, Robert Holmes could NAME NAMES!

Those names WOULD AWAKEN THE WORLD to the depth of government and corporate corruption which could include members of Congress, Wall Street, Federal Reserve and EU executives and could even include US Presidential candidates and the British Royal family.