Call me kooky.. but I'd say the federal reserve system has served this country quite well since 1913.
Now all of a sudden I'm supposed to slap on a tinfoil hat and call for it's destruction?
For someone who doesnt have a chance, you are campaigning against him pretty hard. You just prove him right every time you post your insane bullshit. If your so for whats going on you need to prove it in a real way..
head straight the your nearest recruiter and sign on the dotted line and start
donating all your yearly earnings to help fight your war.
No doubt one may quote history to support any cause, as the devil quotes scripture.
-- Learned Hand
For someone who doesnt have a chance, you are campaigning against him pretty hard. You just prove him right every time you post your insane bullshit. If your so for whats going on you need to prove it in a real way..
head straight the your nearest recruiter and sign on the dotted line and start
donating all your yearly earnings to help fight your war.
Never served?
Some sort of financial support from the goverment?
No more than high school education?
No family members currently serving their country.
come on, one or all?
No doubt one may quote history to support any cause, as the devil quotes scripture.
-- Learned Hand
CALLER - Am I mistaking that when the Federal Reserve Act was passed (on Christmas Eve) in 1913, it transferred the power to coin and issue our nation's money and to regulate the value thereof from Congress to a Private corporation. And my country now borrows what should be our own money from the Federal Reserve (a private corporation) plus interest. Is that correct and the debt can never be paid off under the current money system of country?
MR. SUPINSKI - Basically, yes.
----
CALLER - I smell a GIANT RAT that has overthrown my constitution. Aren't we paying tribute in the form of income taxes to a consortium of private bankers?
MR. SUPINSKI - I can't call it tribute, it is interest.
income taxes have nothing to do with the national debt.
Ron Paul's biggest enemies are his moronic supporters.
So supporting the war that we were lied to about from our own goverment, collapes of financial stability, destruction of the constitution, even less cival liberties, horrific to no health care for our citizens, housing market collapse, paying for social securty that we will never enjoy the benefits of, major transfer of wealth from the middle class to the allready insanly rich, a congress that doesnt work, a war on everything under the sun (drugs, terror, iraq....) makes you NOT Moronic?
So voting for the likes of gulianni, romney, or huckafuck makes you NOt a moron?
let me help you out.... u r a moron.
Last edited by notoldschool; 12-31-2007, 08:59 AM.
No doubt one may quote history to support any cause, as the devil quotes scripture.
-- Learned Hand
Never served?
Some sort of financial support from the goverment?
No more than high school education?
No family members currently serving their country.
Im sure your really laughing, but that feeling deep down inside that tells you atleast one of those statements, if not all, hit pretty close to home. Seek therapy, Im sure the goverment will pay for it for you.
No doubt one may quote history to support any cause, as the devil quotes scripture.
-- Learned Hand
Yeah, well I worked as NCOIC of a division headquarters and I saw plenty of fools with bars who thought they would get pay raises and better benefits when Bush rolled around too.
No doubt one may quote history to support any cause, as the devil quotes scripture.
-- Learned Hand
What does the Illuminati have to do with the banks?
You think Andrew Jackson (former American president was a nut)?
I have always been afraid of banks.
-Andrew Jackson
"You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning." --Andrew Jackson, 1828 (to a group of investment bankers trying to persuade him to renew their central bank charter)
What does the Illuminati have to do with the banks?
You think Andrew Jackson (former American president was a nut)?
I have always been afraid of banks.
-Andrew Jackson
"You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning." --Andrew Jackson, 1828 (to a group of investment bankers trying to persuade him to renew their central bank charter)
"Thy be ist annoying far more than thou average man!" -- Some dead motherfucker from 300 years ago.
So supporting the war that we were lied to about from our own goverment, collapes of financial stability, destruction of the constitution, even less cival liberties, horrific to no health care for our citizens, housing market collapse, paying for social securty that we will never enjoy the benefits of, major transfer of wealth from the middle class to the allready insanly rich, a congress that doesnt work, a war on everything under the sun (drugs, terror, iraq....) makes you NOT Moronic?
So voting for the likes of gulianni, romney, or huckafuck makes you NOt a moron?
let me help you out.... u r a moron.
typical Paultard.
i wasn't talking about any of those things.
just cut to the end and call everyone "brainwashed by the media" since thats where all your discussions are ultimately going anyway.
Last edited by Pleasurepays; 12-31-2007, 09:42 AM.
Do you love the fact that the income tax goes directly to pay the debt caused by the Federal Reserve?
Anyone can own US debt. You can buy US treasury bonds through any broker.
The fed system of banks hold about 7.5% of the treasury bonds. Quite obvious with even a little thought.
The Fed rebates about 92.5% of the interest they collect on the bonds back to the treasury. So less than 1% of the interest owed on the national debt has anything to do with the federal reserve banks.
Anyone can own US debt. You can buy US treasury bonds through any broker.
The fed system of banks hold about 7.5% of the treasury bonds. Quite obvious with even a little thought.
The Fed rebates about 92.5% of the interest they collect on the bonds back to the treasury. So less than 1% of the interest owed on the national debt has anything to do with the federal reserve banks.
Flaherty: Nearly all the interest the Federal Reserve collects on government bonds is rebated to the Treasury each year, so the government does not pay any net interest to the Fed.
My reply: Here is another half-truth that is a whopper deception. It is true that most of the money paid by the government for interest on the national debt is returned to the government. That is because the Fed’s charter requires any interest payments in excess of the Fed’s actual operating expenses to be refunded. However, before we jump to the conclusion that this is a wonderful benefit, we must remember that the banking cartel is able to use tax dollars to pay 100% of its operating expenses with few questions asked about the nature of those expenses. After all of those expenses are paid, what is left over is rebated to the Treasury, as Flaherty says. There is no secret about this, and you will find an explanation of it in my book. Technically, there is no “profit” on this money. However, remember that creating money for the government is only one of the functions of the Fed. The real bonanza comes, not from money created out of nothing for the government, but from money created out of nothing by the commercial banks for loans to the private sector. That’s where the real action is. This is the famous slight-of-hand trick. Distract attention with one hand while the coin is retrieved by the other. By focusing on the supposed generosity of the Fed by returning unused interest to the Treasury, we are supposed to overlook the much larger river of gold flowing into the member banks in the form of interest on nothing as a result of consumer and commercial loans.
The Federal Reserve is indeed what is claimed in this thread, but Ron Paul is certainly not a solution.
There is nothing we can do about it, bankers and international companies put up their men so we don't have any alternative.
European commercial banks are behind the Federal Reserve (it's not a secret in the banking industry, only for the average Joe), which is why their economy surpassed the US for the first time since pre-WW2, and will keep improving, while Americans are working harder than ever to pay off their debt.
I repeat, there is nothing we can do about it, no need to throw insults.
Well said ADL Colin. Do rebates even matter considering that the money is backed only by debt and not something tangible like gold?
Tangible? It's just a somewhat shiny, somewhat pretty metal which is a fair conductor that doesn't rust. Why should the amount of money in circulation be related at all to the amount of a shiny gold metal that we manage to dig out of the earth? Why not back our currency by the number of conch shells?
Tangible? It's just a somewhat shiny, somewhat pretty metal which is a fair conductor that doesn't rust. Why should the amount of money in circulation be related at all to the amount of a shiny gold metal that we manage to dig out of the earth? Why not back our currency by the number of conch shells?
I would take conch shells over something that is man made.
I would take conch shells over something that is man made.
For what reason? If you want to limit the amount of money in circulation you could limit it by some maximum annual increase. I am pretty sure that Milton Friedman advanced that idea at one point. But that idea has a problem too and that is because the velocity of money is not constant in time.
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