The Fed needs to go....

2009-03-24 18:55:07

#1

SonderKommando: Eat, Lift, Grow, Repeat....; +564|6962|The darkside of Denver

It's my opinion that the Federal Reserve banking system is literally destroying our country and our dollar. What are your opinions of the fed and our monetary policies?

Some interesting videos.. Sen. Sanders(R) of Vermont grilles Bernanke on 2.2 trillion dollars that have been loaned out by the fed with teh TARP program. Bernanke basically says that they cannot tell congress where the money went because they are a private organization and to tell who got what would be "counterproductive" to their business operation.

Former Fed Chairman Alan Greenspan explains that the fed is above the law. Listen to his answer to this question carefully..

2009-03-24 18:58:10

#2

ATG: Banned; +5,233|6831|Global Command

I agree 100%

I think people should have at least four months worth of food and water stored.
Guns are good to0.

2009-03-24 18:59:25

#3

Locoloki: I got Mug 222 at Gritty's!!!!; +216|6942|Your moms bedroom

ATG wrote:
I agree 100%

I think people should have at least four months worth of food and water stored.
Guns are good to0.

anyone got any .223 ammo? cause I cant find any in bulk

2009-03-24 19:03:17

#4

Flecco: iPod is broken.; +1,048|6967|NT, like Mick Dundee

Didn't Andrew Jackson get rid of the old central banking system? I thought he was widely regarded as a terrible President...

Whoa... Can't believe these forums are still kicking.

2009-03-24 19:05:41

#5

SonderKommando: Eat, Lift, Grow, Repeat....; +564|6962|The darkside of Denver

Locoloki wrote:
ATG wrote:
I agree 100%

I think people should have at least four months worth of food and water stored.
Guns are good to0.
anyone got any .223 ammo? cause I cant find any in bulk

7.62 x 39 here .

Seriously though. It has gotten so bad, they have literally infiltrated our government at every level. Their influence is more than just in the Fed system, what do you guys think of the CFR? Every administration for the last 50+ years has been dominated by cabinet members from this organization. They clearly state their globalist views and are heavily funded by the bankers. The bankers are literally conquering teh world through their fiat currencies. Wasn't it Mayer Rothschild who said "Give me control of a nation's money and I care not who makes it's laws", shit thats straight from the horses mouth!

@ Flecco yes. Thomas Jefferson also defeated a national bank. The founding fathers spoke often of the threat that private banking posed to the sovereignty of the nation and its people.

Last edited by SonderKommando (2009-03-24 19:07:30)

2009-03-24 19:23:18

#6

Reciprocity: Member; +721|6883|the dank(super) side of Oregon

Sanders is Independent

2009-03-24 19:27:38

#7

Macbeth: Banned; +2,444|5888

Flecco wrote:
Didn't Andrew Jackson get rid of the old central banking system? I thought he was widely regarded as a terrible President...

Yes it led to a 5 year depression

2009-03-24 19:28:05

#8

Yellowman03: Once Again, We Meet at Last; +108|6537|Texas

Though I agree that the Fed has brought more trouble than benefits like making the Great Depression worse, but our current financial institutions are too centered around the Fed. The Fed facilitates the flow of money through reserve ratios, discount rate, federal fund rates, etc. It can enact monetary policy, which is generally quicker than fiscal policy. However, the effects are usually too late.

The old National Banks can't be compared to the Fed.

2009-03-24 20:26:38

#9

Flecco: iPod is broken.; +1,048|6967|NT, like Mick Dundee

Yellowman03 wrote:
Though I agree that the Fed has brought more trouble than benefits like making the Great Depression worse, but our current financial institutions are too centered around the Fed. The Fed facilitates the flow of money through reserve ratios, discount rate, federal fund rates, etc. It can enact monetary policy, which is generally quicker than fiscal policy. However, the effects are usually too late.

The old National Banks can't be compared to the Fed.

It has too much power.

Whoa... Can't believe these forums are still kicking.

2009-03-24 20:38:57

#10

Lotta_Drool: Spit; +350|6485|Ireland

I think we should get rid of the Federal Government too.

Or was the OP talking about something else.

2009-03-24 20:39:05

#11

Yellowman03: Once Again, We Meet at Last; +108|6537|Texas

Flecco wrote:
Yellowman03 wrote:
Though I agree that the Fed has brought more trouble than benefits like making the Great Depression worse, but our current financial institutions are too centered around the Fed. The Fed facilitates the flow of money through reserve ratios, discount rate, federal fund rates, etc. It can enact monetary policy, which is generally quicker than fiscal policy. However, the effects are usually too late.

The old National Banks can't be compared to the Fed.
It has too much power.

It's asking for more

2009-03-24 20:47:16

#12

Flecco: iPod is broken.; +1,048|6967|NT, like Mick Dundee

Yellowman03 wrote:
Flecco wrote:
Yellowman03 wrote:
Though I agree that the Fed has brought more trouble than benefits like making the Great Depression worse, but our current financial institutions are too centered around the Fed. The Fed facilitates the flow of money through reserve ratios, discount rate, federal fund rates, etc. It can enact monetary policy, which is generally quicker than fiscal policy. However, the effects are usually too late.

The old National Banks can't be compared to the Fed.
It has too much power.
It's asking for more

Man I wish I could get in on that action.

Imagine being part of those crazy rich families that control things like the Fed and the major Euro-banks n that.

Whoa... Can't believe these forums are still kicking.

2009-03-24 20:51:14

#13

Macbeth: Banned; +2,444|5888

Flecco wrote:
Yellowman03 wrote:
Flecco wrote:

It has too much power.
It's asking for more
Man I wish I could get in on that action.

Imagine being part of those crazy rich families that control things like the Fed and the major Euro-banks n that.

Tought I was the only one being turned on by all this recent greed and lust for power. I like you more Flecco.

2009-03-24 21:14:16

#14

FEOS: Bellicose Yankee Air Pirate; +1,182|6713|'Murka

ATG wrote:
I agree 100%

I think people should have at least four months worth of food and water stored.
Guns are good to0.

How very LDS of you.

The problem with getting rid of the Fed is that you would still have Fed equivalents in all the other major economies of the world. The US would be far more fucked at that point than we are today.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2009-03-24 21:38:28

#15

Flecco: iPod is broken.; +1,048|6967|NT, like Mick Dundee

I don't like the idea of any bank that a government is beholden to being owned by private interests. You can have a central bank without it being owned/partially owned by private interests and still have an expanding economy.

Whoa... Can't believe these forums are still kicking.

2009-03-24 21:39:13

#16

FEOS: Bellicose Yankee Air Pirate; +1,182|6713|'Murka

Flecco wrote:
I don't like the idea of any bank that a government is beholden to being owned by private interests. You can have a central bank without it being owned/partially owned by private interests and still have an expanding economy.

So you don't have a problem with the Fed then?

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2009-03-24 21:42:10

#17

Flecco: iPod is broken.; +1,048|6967|NT, like Mick Dundee

FEOS wrote:
Flecco wrote:
I don't like the idea of any bank that a government is beholden to being owned by private interests. You can have a central bank without it being owned/partially owned by private interests and still have an expanding economy.
So you don't have a problem with the Fed then?

Fed is partially owned by private interests.

Whoa... Can't believe these forums are still kicking.

2009-03-24 21:44:26

#18

Diesel_dyk: Object in mirror will feel larger than it appears; +178|6297|Truthistan

The Fed is made up of the big banks, like citibank, B of A etc. They are the ones that sit on the fed board, I thnk there are people from foreign banks on the fed board too. Is it any wonder that they set policy in their favor and then have Bernanke go to Congress and say that giving big money to the banks who sit on the board of the Fed is good for the country or necessary to avoid economic collapse. The Fed is nothing but a union of banks. When these banks get in trouble having the Fed deal with the issue is a huge conflict of interest. Look at the billions that went out of the country to Deutesche bank... The Fed even puts the interest of foreign banks ahead of the US tax payers.

And look at who Obama has surrounded himself with, they are all linked with the Fed. $hit A$$hole Geitner was president of the New York Fed. How are the tax paying supposed to get policy made that benefits them with these guys in charge. And now geitner wants more power... to do what, I will be really interested to see the bill before it gets passed. But I am sure that there will be another panic and even threats of marshall law and other things to try to stampede Congress into ignorant passage like the threats in this video

Also, what is the length of the Fed's charter? Is it perpetual? I wonder if they have a 100 year charter, then it would be up in 2013. This push by the fed for more power would make a lot of sense then. Get a world currency and super fed before 2013. Maybe its up on 12/20/2012....

2009-03-24 22:02:36

#19

Reciprocity: Member; +721|6883|the dank(super) side of Oregon

ATG wrote:
I agree 100%

I think people should have at least four months worth of food and water stored.
Guns are good to0.

will this be Bilderberg induced anarchy or a grass-roots revolution? or one and then the other? And I'm not busting your chops, I'm just curious.

Personally, I think there's more money in keeping the economy cyclical. they get the economy going again with some new scheme, the big guys take their cut, and then it all collapses, the big guys buy up the devalued assets, and then it happens again. Of course they fix the problem but create a new loophole in the process.

and I'm good in the guns and ammo department. I'm working on my ramen noodle stockpile. and I should probably learn some basic standard mandarin.

2009-03-24 22:04:30

#20

Man With No Name: جندي; +148|5877|The Wild West

SonderKommando wrote:
The founding fathers spoke often of the threat that private banking posed to the sovereignty of the nation and its people.

could have sworn alexander hamilton was one of the founding fathers. im a dummy.

2009-03-24 22:07:47

#21

ATG: Banned; +5,233|6831|Global Command

Reciprocity wrote:
ATG wrote:
I agree 100%

I think people should have at least four months worth of food and water stored.
Guns are good to0.
will this be Bilderberg induced anarchy or a grass-roots revolution? or one and then the other? And I'm not busting your chops, I'm just curious.

Personally, I think there's more money in keeping the economy cyclical. they get the economy going again with some new scheme, the big guys take their cut, and then it all collapses, the big guys buy up the devalued assets, and then it happens again. Of course they fix the problem but create a new loophole in the process.

and I'm good in the guns and ammo department. I'm working on my ramen noodle stockpile. and I should probably learn some basic standard mandarin.

They take and take.
They will push us into collapse so that they can accomplish their goals.

2009-03-24 22:19:56

#22

Reciprocity: Member; +721|6883|the dank(super) side of Oregon

ATG wrote:
They will push us into collapse so that they can accomplish their goals.

economic collapse or civil liberties collapse? If there's no economy there's nothing for them to skim.

2009-03-25 05:58:13

#23

FEOS: Bellicose Yankee Air Pirate; +1,182|6713|'Murka

Flecco wrote:
FEOS wrote:
Flecco wrote:
I don't like the idea of any bank that a government is beholden to being owned by private interests. You can have a central bank without it being owned/partially owned by private interests and still have an expanding economy.
So you don't have a problem with the Fed then?
Fed is partially owned by private interests.

That's a bit of a simplistic representation of how the Fed is actually put together and works.

You can have it work with either wholly-govt owned or a mixture of private/govt ownership. Right now, the Fed's structure gives the private banks a say, but the govt has the majority vote on the Board.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2009-03-25 06:02:13

#24

Flecco: iPod is broken.; +1,048|6967|NT, like Mick Dundee

FEOS wrote:
Flecco wrote:
FEOS wrote:

So you don't have a problem with the Fed then?
Fed is partially owned by private interests.
That's a bit of a simplistic representation of how the Fed is actually put together and works.

You can have it work with either wholly-govt owned or a mixture of private/govt ownership. Right now, the Fed's structure gives the private banks a say, but the govt has the majority vote on the Board.

Yep, and they charge the govt. interest.

Whoa... Can't believe these forums are still kicking.

2009-03-25 06:11:44

#25

FEOS: Bellicose Yankee Air Pirate; +1,182|6713|'Murka

Flecco wrote:
FEOS wrote:
Flecco wrote:
Fed is partially owned by private interests.
That's a bit of a simplistic representation of how the Fed is actually put together and works.

You can have it work with either wholly-govt owned or a mixture of private/govt ownership. Right now, the Fed's structure gives the private banks a say, but the govt has the majority vote on the Board.
Yep, and they charge the govt. interest.

And the govt charges them interest. And they charge each other interest.

Last edited by FEOS (2009-03-25 06:12:04)

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

BF2S Forums The Fed needs to go....

ATG wrote:

Locoloki wrote:

ATG wrote:

Flecco wrote:

Yellowman03 wrote:

Flecco wrote:

Yellowman03 wrote:

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Flecco wrote:

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Flecco wrote:

Yellowman03 wrote:

Flecco wrote:

ATG wrote:

Flecco wrote:

FEOS wrote:

Flecco wrote:

ATG wrote:

SonderKommando wrote:

Reciprocity wrote:

ATG wrote:

ATG wrote:

Flecco wrote:

FEOS wrote:

Flecco wrote:

FEOS wrote:

Flecco wrote:

FEOS wrote:

Flecco wrote:

FEOS wrote:

Flecco wrote:

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