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The Federal Reserve is a PRIVATE bank. How stupid is this?

 
TrumpsVeryHighIQCat
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01/18/2016 04:42 AM
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The Federal Reserve is a PRIVATE bank. How stupid is this?
Some big wigs basically got together and said, "Let's start up a bank that can, at will, add 'zeros' to the balance sheets and accounts of whatever bank we want. We'll put an American flag out front of it and act like it's part of the government, and get Congress to pass a law saying how great we are and how legitimate we are, and how we have control over everything."

While the Fed pays the Treasury 96% of it's "profits", who cares about that when they can just add "zeros" to any bank in the US, anytime and anywhere?

Goldman Sachs calls up The Fed, "Hey, we lost about $2 Billion in the markets this week, so we need you to go in and place an entry in our balance sheet for $2,000,000,000.00. Cheers!"

This has to be one of the craziest scams ever conceived!

Here are some interesting thoughts on the issue (by the way, your True Conservative SAVOIR Ted Cruz missed the Audit the Fed vote):

--

Why the fed is private:

1) A woman in Washington DC, was hit by a car while crossing the street. The driver was an employee of the Federal Reserve and on work time. The victim took the driver to court and sued her addressing the respondent as "an employee of the United States Federal Government, and The Federal Reserve".

When the matter came to the bench, the judge dismissed the case for the reason that "The Federal Reserve was NOT in any manner part of the Federal Government and could not be held responsible for what a private bank's employee did!

2) ALL Freedom of Information Act requests that have been initiated by the people have 100% been returned with the explanation that:

The Federal Reserve Central Bank is not part of the Federal Government and is not obligated to honor any requests associated with FOIA requests!!

Only the sleeping public who are hard party followers believe a word of this pure banker garbage piece. The author should be completely embarrassed to have written such lies and non sense.

Sadly, there's a big majority of the public who have no clue what the Federal Reserve is, and even worse what it does.

--

The Fed is a PRIVATE bank, absolutely no way around it. Period. They've never divulged their full holdings or their ownership. Speculation is that the member banks own it, but nobody really knows for sure. They sure do profit from it, as Goldman Sachs has by trading with the Fed and booking BILLIONS in profits doing so.

Wish I could start a bank and do that, but what do you think the odds are that I'd ever get into that club? And, yes, we know they don't absolutely "print money", but increasing the balance sheet of banks is substantively different in what way? You say tomato, I say tomaaato.

Are they really a government entity? Who signs and issues Ben Bernanke's paycheck? I don't know the answer, but I bet its not the gubmint. Who determines his rate of pay? Congress? Is he a classified federal employee? GS 12 maybe?

I know there's a lot of BS surrounding the Fed, but the reality is they exist in a secretive, quasi-official, somewhat-but-not-quite-completely-overseen-by-Congress, nether world without much accountability to the people. And that's what should have been reported here.

Comments found at this link:

[link to www.bankrate.com]
Anonymous Coward
User ID: 70435686
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01/18/2016 04:45 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
The Federal Reserve is one of the biggest jokes ever played on the masses, second only to religion.
Anonymous Coward
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01/18/2016 04:46 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
The banks act in their own interests, and they own the Fed!
[link to www.youtube.com (secure)]




Aside:
It's inconceivable to me why, after saying what she says in this video, how Liz Waaren could vote AGAINST the audit the Fed bill!
Anonymous Coward
User ID: 71250186
United States
01/18/2016 04:58 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
I'm currently reading The Creature From Jekyl Island. (I saw it in Calx's posts). Its a huge read and I'm only about 1/6 of the way through. Its incredibly detailed in how all of this started and how they managed it. For anyone who wants a true understanding of how underhanded these people are, its the book for you. If more folks had this understanding, I dare say things could actually change. It really is worth the time and effort.
TrumpsVeryHighIQCat  (OP)

User ID: 70860147
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01/18/2016 05:00 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
I'm currently reading The Creature From Jekyl Island. (I saw it in Calx's posts). Its a huge read and I'm only about 1/6 of the way through. Its incredibly detailed in how all of this started and how they managed it. For anyone who wants a true understanding of how underhanded these people are, its the book for you. If more folks had this understanding, I dare say things could actually change. It really is worth the time and effort.
 Quoting: Anonymous Coward 71250186


I was just going to look it up!
Anonymous Coward
User ID: 70004151
France
01/18/2016 05:07 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Please remove the Fed as Rand Paul is trying to do by auditing.
You know not what you do supporting Trump.
Rand will make America great again.
Eyes wide shut
User ID: 71264693
United Kingdom
01/18/2016 05:20 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
A bank has a function in the economy as to a transforming power supply in an electrical device. All devices that plug in to it from the ring circuit have to be stepped down in voltage. If the ring is the market, the banks are the transformers.

Inside any power supply there is a crossover of live to form the nuetral circuit . It is the only device in electronics that does this. In other words banking is a shell game that has all dealers and bankers on the same side. The derivities markets are the excess that is skimmed off by bankers, this creates a nuetral potential difference in the wholesale markets.

It is like a hi fi amplifier charging batterry sets for later.

Most can not see it. It is a sleight of mind that is very profitable. Maybe bankers should get a real job which adds value to theircountry instead of stripping it out.
Anonymous Coward
User ID: 71258017
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01/18/2016 06:06 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Some big wigs basically got together and said, "Let's start up a bank that can, at will, add 'zeros' to the balance sheets and accounts of whatever bank we want. We'll put an American flag out front of it and act like it's part of the government, and get Congress to pass a law saying how great we are and how legitimate we are, and how we have control over everything."

While the Fed pays the Treasury 96% of it's "profits", who cares about that when they can just add "zeros" to any bank in the US, anytime and anywhere?

Goldman Sachs calls up The Fed, "Hey, we lost about $2 Billion in the markets this week, so we need you to go in and place an entry in our balance sheet for $2,000,000,000.00. Cheers!"

This has to be one of the craziest scams ever conceived!

Here are some interesting thoughts on the issue (by the way, your True Conservative SAVOIR Ted Cruz missed the Audit the Fed vote):

--

Why the fed is private:

1) A woman in Washington DC, was hit by a car while crossing the street. The driver was an employee of the Federal Reserve and on work time. The victim took the driver to court and sued her addressing the respondent as "an employee of the United States Federal Government, and The Federal Reserve".

When the matter came to the bench, the judge dismissed the case for the reason that "The Federal Reserve was NOT in any manner part of the Federal Government and could not be held responsible for what a private bank's employee did!

2) ALL Freedom of Information Act requests that have been initiated by the people have 100% been returned with the explanation that:

The Federal Reserve Central Bank is not part of the Federal Government and is not obligated to honor any requests associated with FOIA requests!!

Only the sleeping public who are hard party followers believe a word of this pure banker garbage piece. The author should be completely embarrassed to have written such lies and non sense.

Sadly, there's a big majority of the public who have no clue what the Federal Reserve is, and even worse what it does.

--

The Fed is a PRIVATE bank, absolutely no way around it. Period. They've never divulged their full holdings or their ownership. Speculation is that the member banks own it, but nobody really knows for sure. They sure do profit from it, as Goldman Sachs has by trading with the Fed and booking BILLIONS in profits doing so.

Wish I could start a bank and do that, but what do you think the odds are that I'd ever get into that club? And, yes, we know they don't absolutely "print money", but increasing the balance sheet of banks is substantively different in what way? You say tomato, I say tomaaato.

Are they really a government entity? Who signs and issues Ben Bernanke's paycheck? I don't know the answer, but I bet its not the gubmint. Who determines his rate of pay? Congress? Is he a classified federal employee? GS 12 maybe?

I know there's a lot of BS surrounding the Fed, but the reality is they exist in a secretive, quasi-official, somewhat-but-not-quite-completely-overseen-by-Congress, nether world without much accountability to the people. And that's what should have been reported here.

Comments found at this link:

[link to www.bankrate.com]
 Quoting: TrumpsVeryHighIQCat


This is old news. Everybody knows it's run by LONDON and ENGLAND always has been always will be.If you look into the REAL history of the USA you'll see it's all based on a pack of lies. Why do you think as a child your made to stand up and pledge allegiance to a piece of cloth like lemmings/drones.

It's called BRAINWASHING.
Wolf 1776

User ID: 71264869
United States
01/18/2016 06:09 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
I'm currently reading The Creature From Jekyl Island. (I saw it in Calx's posts). Its a huge read and I'm only about 1/6 of the way through. Its incredibly detailed in how all of this started and how they managed it. For anyone who wants a true understanding of how underhanded these people are, its the book for you. If more folks had this understanding, I dare say things could actually change. It really is worth the time and effort.
 Quoting: Anonymous Coward 71250186


I was just going to look it up!
 Quoting: TrumpsVeryHighIQCat


Informative book.

BTW, I met G. Edward Griffin four years ago at a private gathering. Nice guy.
:wolf_footer_msg:
Anonymous Coward
User ID: 70004151
France
01/18/2016 06:12 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Please remove the Fed as Rand Paul is trying to do by auditing.
You know not what you do supporting Trump.
Rand will make America great again.
 Quoting: Anonymous Coward 70004151


^^^^^THIS^^^^^^^
Anonymous Coward
User ID: 67546291
United States
01/18/2016 06:25 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
"Why the fed is private:

1) A woman in Washington DC, was hit by a car while crossing the street. The driver was an employee of the Federal Reserve and on work time. The victim took the driver to court and sued her addressing the respondent as "an employee of the United States Federal Government, and The Federal Reserve".

When the matter came to the bench, the judge dismissed the case for the reason that "The Federal Reserve was NOT in any manner part of the Federal Government and could not be held responsible for what a private bank's employee did!"


Did you mean that she sued the Federal Government? Because otherwise this story doesn't make a whole lot of sense. A case against the Federal Government would be dismissed if the person wasn't employed by the government but if the case was against a private person; the case would not have been dismissed on that basis. In the last quote, it sounds like the case was against the government itself but in your first paragraph; you made it sound like it was against the person who hit the other person.
Anonymous Coward
User ID: 70649741
Netherlands
01/18/2016 06:29 AM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Some big wigs basically got together and said, "Let's start up a bank that can, at will, add 'zeros' to the balance sheets and accounts of whatever bank we want. We'll put an American flag out front of it and act like it's part of the government, and get Congress to pass a law saying how great we are and how legitimate we are, and how we have control over everything."

While the Fed pays the Treasury 96% of it's "profits", who cares about that when they can just add "zeros" to any bank in the US, anytime and anywhere?

Goldman Sachs calls up The Fed, "Hey, we lost about $2 Billion in the markets this week, so we need you to go in and place an entry in our balance sheet for $2,000,000,000.00. Cheers!"

This has to be one of the craziest scams ever conceived!

Here are some interesting thoughts on the issue (by the way, your True Conservative SAVOIR Ted Cruz missed the Audit the Fed vote):

--

Why the fed is private:

1) A woman in Washington DC, was hit by a car while crossing the street. The driver was an employee of the Federal Reserve and on work time. The victim took the driver to court and sued her addressing the respondent as "an employee of the United States Federal Government, and The Federal Reserve".

When the matter came to the bench, the judge dismissed the case for the reason that "The Federal Reserve was NOT in any manner part of the Federal Government and could not be held responsible for what a private bank's employee did!

2) ALL Freedom of Information Act requests that have been initiated by the people have 100% been returned with the explanation that:

The Federal Reserve Central Bank is not part of the Federal Government and is not obligated to honor any requests associated with FOIA requests!!

Only the sleeping public who are hard party followers believe a word of this pure banker garbage piece. The author should be completely embarrassed to have written such lies and non sense.

Sadly, there's a big majority of the public who have no clue what the Federal Reserve is, and even worse what it does.

--

The Fed is a PRIVATE bank, absolutely no way around it. Period. They've never divulged their full holdings or their ownership. Speculation is that the member banks own it, but nobody really knows for sure. They sure do profit from it, as Goldman Sachs has by trading with the Fed and booking BILLIONS in profits doing so.

Wish I could start a bank and do that, but what do you think the odds are that I'd ever get into that club? And, yes, we know they don't absolutely "print money", but increasing the balance sheet of banks is substantively different in what way? You say tomato, I say tomaaato.

Are they really a government entity? Who signs and issues Ben Bernanke's paycheck? I don't know the answer, but I bet its not the gubmint. Who determines his rate of pay? Congress? Is he a classified federal employee? GS 12 maybe?

I know there's a lot of BS surrounding the Fed, but the reality is they exist in a secretive, quasi-official, somewhat-but-not-quite-completely-overseen-by-Congress, nether world without much accountability to the people. And that's what should have been reported here.

Comments found at this link:

[link to www.bankrate.com]
 Quoting: TrumpsVeryHighIQCat


And if you were a buddy of the banksters they could give you 1 billion dollars to start your own bank. With the fractional reserve banking system we have, it means that you would immediately be able to lend out 9 billion more.

The first thing you would do is to pay me back my billion dollars and you could still lend out 8 billion more.

Instant riches for the insiders, without having to work for it.
Anonymous Coward
User ID: 85903608
Romania
11/05/2023 03:24 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
k
Anonymous Coward
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11/05/2023 03:26 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
stupid enough to have lasted over a hundred years with everyone "buying" into it.
Anonymous Coward
User ID: 78422077
United States
11/05/2023 03:27 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Yep, they're no more Federal than Federal Express is. Our country's Government fucked us a long time ago and this is why things keep getting worse.
Anonymous Coward
User ID: 78422077
United States
11/05/2023 03:28 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Please remove the Fed as Rand Paul is trying to do by auditing.
You know not what you do supporting Trump.
Rand will make America great again.
 Quoting: Anonymous Coward 70004151


They won't let it happen.
Darkone

User ID: 32307544
United States
11/05/2023 03:33 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Set up that way so it can never be audited.
Anonymous Coward
User ID: 86236953
United States
11/05/2023 03:40 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
The Federal Reserve is one of the biggest jokes ever played on the masses, second only to religion.
 Quoting: Anonymous Coward 70435686


Covid/vax was a good one
StopsniffinmeBrandon

User ID: 86071885
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11/05/2023 03:48 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Something to think about, that few people actually do, is that the U.S. has "borrowed" more money from the Federal Reserve, than it has from China or Japan! They are a "private" bank, so what happens when they demand repayment on those loans?

Will the U.S. "give" the Federal Reserve, California, in compensation? I am sure the Fed and U.S. Gov have thought about this a lot, they just don't want to tell the public.

The Biden admin is using the "Cloward-Piven" strategy to drive the U.S. into bankruptcy.

Last Edited by StopsniffinmeBrandon on 11/05/2023 04:20 PM
Anonymous Coward
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11/05/2023 03:54 PM
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Re: The Federal Reserve is a PRIVATE bank. How stupid is this?
Why does a person have to pay "gains tax" when buying cryptoCURRENCY.. if I were to change my dollars into pesos, and the dollar collapsed, I would then have to buy dollars to pay tax in the value difference my surviving currency rose against failed dollar?..





GLP