Dispute This.

WARNING: Do not finish reading if you are easily angered.

The federal reserve is owned and operated by private bankers. It is NOT a government owned bank. In fact, it's no more "federal" than federal express. The federal reserve prints money and lends it to the American government with interest attached. The fed can regulate how much money is printed. Money controls our economy...therefore those who have control OVER the money control our economy. Dr. Ron Paul has even said in interviews when asked about the fed that the fed is controlled by a and I quote "a group of private bankers". Think that the federal reserve is part of our government? Look in the phone book under the government section, you won't find it. You'll find it under businesses. On top of that, the fed pays NO taxes, and it's never audited, nor can it be.

Most people assume that the Federal Reserve Bank is federal--that is, part of the united States' government. However, the Ninth Circuit Court put that issue to rest in 1982 when they adjudicated:

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"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]

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"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]

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"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]

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"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]

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"Federal Reserve Notes are illegal"

[US Representative Dr. Ron Paul]

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Not pissed off yet? This will do the trick.

The Federal Reserve is also a monopoly--in a country where monopolies are supposed to be illegal. The IRS deposits people's income tax checks directly in the Federal Reserve banks--not in the united States Treasury. Therefore, it appears that the IRS is merely the collection agency for the international banksters. Anyone can obtain the original incorporation papers (certified copies) for the IRS from Delaware's Secretary of State.

With all this in mind, I think it's fair to assume that the downfall of America is a cleverly contrived plan being orchestrated by the string tuggers who operate the Fed. In essence...America's economic state is NOT by chance. Rather, America and American's are being brought to their knees for a reason. What reason is this?

Why don't these private bankers who run the show come on t.v. and talk instead of our politicians? Why don't these "super stars" give us THEIR opinion? Why is it MOST people I ask these days believe that the federal reserve is run by the government? I'm not saying anything about lizard men, aliens, or government conspiracies to enslave mankind through fluoridation. This is all legitimate factual information, I assure you. Don't believe me? Look it up. So...if you can...

Dispute this.

woah i never knew this its pretty crazy that corporations have THAT much direct control.

I mean thats why we shouldn't give these bailouts. The market is controlled by corporations and this "extreme downturn" is just a ploy to put pressure on congress to give them money.

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Originally Posted by aceofspades

woah i never knew this its pretty crazy that corporations have THAT much direct control.

I mean thats why we shouldn't give these bailouts. The market is controlled by corporations and this "extreme downturn" is just a ploy to put pressure on congress to give them money.

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On top of that...we don't really have a say in the bailouts. It's the dems and rep's in the House that have the final say so on the matter.

I don't know who you hang out with, but everyone I know is well aware that the federal reserve is a private organization.

Also, I'd like to point out that a complete collapse of the U.S. economy would be a very bad thing for the fed, as their single product would be absolutely useless without the U.S. economy to give it value. This is why economic collapse could be good, and the bailout is bad, since it would put us even deeper in the pockets of the fed.

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Originally Posted by Xaqaria

I don't know who you hang out with, but everyone I know is well aware that the federal reserve is a private organization.

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You'd be surprised at how many ignorant people there are. Especially Americans. I work with a young lady who didn't even know who Sarah Palin was when I asked her opinion of her. She's in a minority when it comes to that but I digress. I think it'd be a very big stretch to assume nearly everyone knows the fed is a private organization Xaqaria.

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Originally Posted by Xaqaria

Also, I'd like to point out that a complete collapse of the U.S. economy would be a very bad thing for the fed, as their single product would be absolutely useless without the U.S. economy to give it value. This is why economic collapse could be good, and the bailout is bad, since it would put us even deeper in the pockets of the fed.

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Indeed. They know all too well once they lose control of the money and the people, they won't have a leg to stand on. Such is the fate of those without courage or principle; who put all their faith in worthless items and ideas.

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Originally Posted by Xaqaria

I don't know who you hang out with, but everyone I know is well aware that the federal reserve is a private organization.

Also, I'd like to point out that a complete collapse of the U.S. economy would be a very bad thing for the fed, as their single product would be absolutely useless without the U.S. economy to give it value. This is why economic collapse could be good, and the bailout is bad, since it would put us even deeper in the pockets of the fed.

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The collapse would not be good for the FR as a company but for the international bankers that run it, no matter what happens they've set themselves up to benefit. I assume they've only got a minimal amount of money in US dollars anyway and have everything else invested in other forms.

Besides, wealth cannot be accumulated on paper. The federal reserve enables banks to own the shit you own and need, and that's power, even if they don't use it.

Ive known this for a while and it DOES piss me off. In fact, I remember them teaching us this in Civics class when I was in Junior High and saying how it was a good thing and kept the government small! At the time I didnt think much of it, I was just bored. But now that Im older, it pisses me off! I think the government should be small, but printing our nation's money? Come on, thats a little too far.

I've also known this for a while...I think a growing number of people are awakening to the truth though, there is a revolution going on behind the scenes and off camera, not from cnn or msnbc or fox.

cnn msnbc and fox tell us to accept the bailout pretty much, even though its a horrible idea.

I wonder how close of a friend bernanke and the fed is to the MSM bosses?

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Originally Posted by guerilla

I've also known this for a while...I think a growing number of people are awakening to the truth though, there is a revolution going on behind the scenes and off camera, not from cnn or msnbc or fox.

cnn msnbc and fox tell us to accept the bailout pretty much, even though its a horrible idea.

I wonder how close of a friend bernanke and the fed is to the MSM bosses?

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No.. Not really..

When the bailout was first proposed they had tons of articles on how pissed off most Americans were at the idea, and buried in the very back of each article was a "response" or people for the bailout, and it was like two senteces.

I can't account for MSNBC or Fox though, those stations are a waste of time.

Since the fed IS an illegal monopoly not part of the government whatsoever...but merely a "big" business...why hasn't it been on t.v.? Why isn't mainstream news stations covering this bastard business in America? I remember Bill Gates company Microsoft being accused of being a monopoly and being all over the news some time ago...yet this federal reserve business that controls and regulates money throughout america won't get media time? You know...I only have one thought as to answer this. Because there's no doubt about it that this is huge news and it would piss off Americans...so I can only assume that those private bankers who control the fed have control over the media as well. And if that is the case (which is a strong possibility) then that means they show us what we are meant to see and do not show us what we are not meant to see. In essence, they control a tool which has an 85% influential rate on people. The t.v. Perhaps more than that. Look, I'm well aware this post comes off as "conspiracy theory" but is it not a fair assumption? This SHOULD be covered in the news since it IS big news and most americans are COMPLETELY oblivious to it! So it's a rational assumption in my mind that those who control the fed have a vested interest in it as well as what gets out to Americans, media included.

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You know...I only have one thought as to answer this. Because there's no doubt about it that this is huge news and it would piss off Americans...so I can only assume that those private bankers who control the fed have control over the media as well.

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Yes. It is all money changing hands with big corporations. They give them incentive to report on certain things and not on others. I will never forget the big thing about how two reporters were forced to be quiet about bovine growth hormone in our milk after the news station received pressure from higher up. What does milk have to do with news? Money of course.

Don't watch TV. Selectively find your news on the web.

http://www.youtube.com/watch?v=MTN3s...eature=related

I wonder if we can sue the FR for breaking our constitution and extorting the American People, and also threatening to collapse our economy if we don't give them 700 billion dollars.

Yeah, they need to be SUED. I'm going to file a class action lawsuit against them the moment I get back into the United States. Reparations? We get to drop all the banking executives over a farm of man eating gophers.

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Originally Posted by Omnius Deus

I wonder if we can sue the FR for breaking our constitution and extorting the American People, and also threatening to collapse our economy if we don't give them 700 billion dollars.

Yeah, they need to be SUED. I'm going to file a class action lawsuit against them the moment I get back into the United States. Reparations? We get to drop all the banking executives over a farm of man eating gophers.

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Surely you're joking. The minute you gain some level of popularity and fame for spreading this "awareness" you'll undoubtedly be killed. Remember, the bankers have a "vested interest" in the fed. I'm pretty sure they don't intend to let some random martyr bring them down.

Since when is the Federal Reserve illegal? It was invented by Congress in 1913 and only has any authority as long as the Federal Reserve Act allows it that authority. Although not under direct supervision of Congress or the President (thank god!) it is highly regulated. It is certainly not seizing power or profiting from the current economic crisis.

It is an independent governement institution with private aspects. It has to be set up that way in order for private banks banks to remain private. You wouldn't want your bank under direct control of congress, would you? Think of it as the intermediary between public owned 'government' and private owned 'banks'. It is not some sort of private, for profit, company.

On top of that, it is a very transparent system, subject to both internal and external oversight. There is no veil of secrecy involved.

There is an easier way to foil the Federal Reserve. If everyone took their money out of the banks at the same time the system would collapse. That is because the bank can loan out 7 times more than what is actually there. And in most cases, they go beyond 7x because everyone believes in the system. This is why I have abandoned main-steam currency and only deal with Flaxscript and Hempscript. A kind of black market currency independent of the government and FR. The two types of currency also make the black market economy more competitive, the same economics should be applied to the standard economy, rather than making the Euro and Amero currencies.

I vote for hemp money, renewable at the FMP (Federal Marijuana Plantation) for real gold. Gold Kush that is.

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Originally Posted by Robot_Butler

Since when is the Federal Reserve illegal? It was invented by Congress in 1913 and only has any authority as long as the Federal Reserve Act allows it that authority. Although not under direct supervision of Congress or the President (thank god!) it is highly regulated. It is certainly not seizing power or profiting from the current economic crisis.

It is an independent governement institution with private aspects. It has to be set up that way in order for private banks banks to remain private. You wouldn't want your bank under direct control of congress, would you? Think of it as the intermediary between public owned 'government' and private owned 'banks'. It is not some sort of private, for profit, company.

On top of that, it is a very transparent system, subject to both internal and external oversight. There is no veil of secrecy involved.

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Thank goodness someone else isn't so clueless as the rest of the folks in this thread. The chairman of the reserve has one of the most challenging responsibilities in the world, and that is managing the money of AN ENTIRE COUNTRY. A large majority of the people in our country can't even handle their household finances, as proven by the mortgage crisis we have now. Being a private entity allows the federal reserve to do what needs to be done to secure the financial stability of the US.

psssssttt. . . .

maybe you were passing by and browsing on the net, but normally DV doesn't like members who are only here for the extended discussions. you still have to be interested in lucid dreaming.

since as far as I know, that was your first post

Sorry Robot, the federal reserve has no oversight or regulation, just lame commities who talk to senators and congressmen and tell them lies.

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Originally Posted by guerilla

Sorry Robot, the federal reserve has no oversight or regulation, just lame commities who talk to senators and congressmen and tell them lies.

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That's oversight in a nutshell :D

The GAO can audit the Fed, and it is also audited by private parties.

Bernanke has been on TV to talk about things. Perhaps you've noticed him lately?

The Fed doesn't pay taxes, it just transfers every cent of profit it makes back to the Treasury, which is filed as revenue on the government sheets. I don't know about you, but I call that a tax.

The Treasury regulates how much money is printed, and it usually bases that off of estimates of the current physical "money" supply and expected demand for any given note. This is removed from the process of adding to the full "money" supply, of course, which is regulated by the Fed, although in an indirect way usually.

If you want to connect this to the current crisis, go ahead, I put a decent amount of blame on the Fed's policies over the past years and lack of proper regulation and leadership in preventing the current fiasco. But if you want to know who's indebting the average American... it's the average American. They may get unlucky or they may get lost in the marketing of credit, but no one's forcing it on them (most of the time).

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Originally Posted by DNK

If you want to connect this to the current crisis, go ahead, I put a decent amount of blame on the Fed's policies over the past years and lack of proper regulation and leadership in preventing the current fiasco. But if you want to know who's indebting the average American... it's the average American. They may get unlucky or they may get lost in the marketing of credit, but no one's forcing it on them (most of the time).

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Exactly. Why would we need to invent an implausible and illogical explanation for the current credit crisis based on some secret conspiracy, when we already have evidence that leads us to a simple and direct explanation. Consumers got greedy, mortgage brokers got greedy, lenders got greedy. We can add the Fed to it also, but that doesn't remove the other parties involved.

How about that most executives got greedy and put so much money in their pockets their companies barely had enough to stay afloat?