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Consider the burden of having to put up with torrents of totally daft nonsense and poppycock all the time. The Fed is a central bank. It was created and is controlled by the federal government. It is not owned by anyone. It is not being operated by or for the Rothschilds, the Bilderbergers, the Illuminati, or the Trilateral Commission. No, not even for Emperor Ming, the Merciless -- Ruler of All Planet Mongo.
The fed does pay interest on money it is holding from banks, required and excess.
I'm aware of that which is why I brought it up.
Quote:
Originally Posted by LordSquidworth
Not entirely. It operates largely autonomously, in order to keep it from being at the whim of petty politics, theoretically.
Exactly as I have said. But there is nothing that the Fed does that could not be suspended or curtailed by a simple act of Congress. No more complex than the naming of a post office. Congress is the controller. It has authorized everything that the Fed does and it can amend or eliminate that authorization as and when it pleases.
Consider the burden of having to put up with torrents of totally daft nonsense and poppycock all the time. The Fed is a central bank. It was created and is controlled by the federal government. It is not owned by anyone. It is not being operated by or for the Rothschilds, the Bilderbergers, the Illuminati, or the Trilateral Commission. No, not even for Emperor Ming, the Merciless -- Ruler of All Planet Mongo.
I certainly hope you get paid to write this drivel.
It would be sad to think you are sitting at home getting your ass handed to you in this thread because you actually believe any of this and have no life outside of this forum.
Exactly as I have said. But there is nothing that the Fed does that could not be suspended or curtailed by a simple act of Congress. No more complex than the naming of a post office. Congress is the controller. It has authorized everything that the Fed does and it can amend or eliminate that authorization as and when it pleases.
That's assuming Congress has the capability to do anything.
Consider the burden of having to put up with torrents of totally daft nonsense and poppycock all the time. The Fed is a central bank. It was created and is controlled by the federal government. It is not owned by anyone. It is not being operated by or for the Rothschilds, the Bilderbergers, the Illuminati, or the Trilateral Commission. No, not even for Emperor Ming, the Merciless -- Ruler of All Planet Mongo.
The Federal Reserve was created as result of extortion exacted on the Federal Government when they were bailed out by JP Morgan in the depression of 1893.
It went hand in hand with the 17th amendment which together forever decimated the balance of power established by the Constitution between the Federal and State governments.
In so doing it laid the groundwork by which the Federal Government could then for all intent and purpose ignore the 10th amendment and use their new found power to establish a Oligarchy in where corporations and banks could monopolize control of government, and in fact making citizens into peasants.
They have since gone on to use that power to steal the wealth of the United States first in its natural resources, and then in the labor and enterprise of it's people until we now have a situation that despite it's people working more hours and days than any other country, they suffer with one the greatest disparities of wealth in the world.
Laughable. And the 10th Amendment by the way does not confer any power at all. It is entirely residual. Those powers not vested by the Constitution in the federal government and also not prohibited by it to the states are reserved to the states and/or the people. This is a what-to-do-with-the-leftovers (if any) provision.
Having the facts is more wonderful thing, and you are woefully short of those. The Fed is an entity of the national government. The idea that it is privately owned or controlled is a Looney-Tunism.
What Fed are you referring to, Fed Ex?
Are you refering to Federal or FEDERAL?
the Federal reserve notes or the Federal Reserve Notes?
Dont believe its a difference when title or names are Capitalized?
Burton's Legal Thesaurus:
Capitalize--> Utilize for profit/manipulate/take advantage of.
Utilize--> Incorporate.
Profit--> Income.
Names Capitalized--> Incorporated for Income (profit)
How else could an employee who works to *create* value be charged an income (profit) tax...unless they appear as a business on paper?
What Fed are you referring to, Fed Ex? Are you refering to Federal or FEDERAL? the Federal reserve notes or the Federal Reserve Notes? Dont believe its a difference when title or names are Capitalized? Burton's Legal Thesaurus: Capitalize--> Utilize for profit/manipulate/take advantage of. Utilize--> Incorporate. Profit--> Income. Names Capitalized--> Incorporated for Income (profit) How else could an employee who works to *create* value be charged an income (profit) tax...unless they appear as a business on paper?
Don't expect an actual response until you've actually earned one.
The Federal Reserve was created as result of extortion exacted on the Federal Government when they were bailed out by JP Morgan in the depression of 1893.
It went hand in hand with the 17th amendment which together forever decimated the balance of power established by the Constitution between the Federal and State governments.
In so doing it laid the groundwork by which the Federal Government could then for all intent and purpose ignore the 10th amendment and use their new found power to establish a Oligarchy in where corporations and banks could monopolize control of government, and in fact making citizens into peasants.
They have since gone on to use that power to steal the wealth of the United States first in its natural resources, and then in the labor and enterprise of it's people until we now have a situation that despite it's people working more hours and days than any other country, they suffer with one the greatest disparities of wealth in the world.
Interesting. Yet despite using that to build a conspiracy theory, libertarians would seek to create and empower the J P Morgans of the world! Seems ironic.
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