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View Poll Results: Should critics of the Fed like Ron Paul be worried for their safety?
You better believe it 23 79.31%
No, the Fed is as pure as the driven snow 1 3.45%
No, because there is no way to dissolve the Fed now 4 13.79%
No, because the Fed is a federal institution 2 6.90%
Multiple Choice Poll. Voters: 29. You may not vote on this poll

Closed Thread Start New Thread
 
Old 12-07-2010, 03:17 PM
 
Location: Prepperland
19,023 posts, read 14,198,297 times
Reputation: 16747

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Quote:
Originally Posted by BigJon3475 View Post
The Department of Homeland Security was established with the passage of (Public Law 107-296) which in part, transferred the United States Secret Service from the Department of the Treasury, to the new department effective March 1, 2003.
No doubt, the president is much more secure, with DHS in charge.
[sarcasm flag off]

 
Old 12-07-2010, 03:42 PM
 
2,541 posts, read 2,738,149 times
Reputation: 492
Quote:
Originally Posted by jetgraphics View Post
No. It would not.
1. The Fed is not the creditor. The Fed is the fiduciary agent for the creditor.
2. The debt, denominated in dollars, cannot be paid with "dollar bills" (debt).
3. The debt, though impossible to repay, cannot be questioned by law, see 14th amendment, section 4.

Frankly, the Congress would have to repeal that part of the 14th amendment, (requiring the State assemblies to get involved), then repudiate the debt (annoying all bond holders), and then duck from the flying metal emitted by those creditors.
Not to forget - all those who were robbed by 77 years of "emergency" rules might have to seek their remedy against the usurers.

The Congress only has the power to :
1. Coin money (stamp bullion) and
2. Borrow money.
It has no power to "issue currency" unless it is certificates (receipts for money in the vault) or notes (promises to pay money in the future).

Notes are NOT money, by law.

REAL MONEY - Money which has real metallic, intrinsic value as distinguished from paper currency, checks and drafts.
Black's Law Dictionary, Sixth Ed. p. 1264

MONEY - In usual and ordinary acceptation it means coins and paper currency used as a circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 280 Ky. 319, 133 S.W. 2d 74, 79, 81.
Black's Law Dictionary, Sixth Ed. p. 1005

NOTE - An instrument containing an express and absolute promise of signer (i.e. maker) to pay to a specified person or order, or bearer, a definite sum of money at a specified time. An instrument that is a promise to pay other than a certificate of deposit. U.C.C. 3-104(2)(d)
Black's Law Dictionary, Sixth Ed. p. 1060
The Fed prints money, lends it to the US Treasury, who then sell Treasury bonds. The Fed collects interest on those loans. The Fed are private bankers who get rich by printing money - and it can't even do that right.
 
Old 12-08-2010, 03:24 AM
 
Location: Prepperland
19,023 posts, read 14,198,297 times
Reputation: 16747
Quote:
Originally Posted by freefall View Post
The Fed prints money, lends it to the US Treasury, who then sell Treasury bonds. The Fed collects interest on those loans. The Fed are private bankers who get rich by printing money - and it can't even do that right.
Did you bother to read the legal definitions?

The Congress only has the power to :
1. Coin money (stamp bullion) and
2. Borrow money.
It has no power to "issue currency" unless it is certificates (receipts for money in the vault) or notes (promises to pay money in the future).

Notes are NOT money, by law.

REAL MONEY - Money which has real metallic, intrinsic value as distinguished from paper currency, checks and drafts.
Black's Law Dictionary, Sixth Ed. p. 1264

MONEY - In usual and ordinary acceptation it means coins and paper currency used as a circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 280 Ky. 319, 133 S.W. 2d 74, 79, 81.
Black's Law Dictionary, Sixth Ed. p. 1005

NOTE - An instrument containing an express and absolute promise of signer (i.e. maker) to pay to a specified person or order, or bearer, a definite sum of money at a specified time. An instrument that is a promise to pay other than a certificate of deposit. U.C.C. 3-104(2)(d)
Black's Law Dictionary, Sixth Ed. p. 1060

In 1933, Congress repudiated their promise to redeem their notes with lawful money. (See House Joint Resolution 192, June 1933).

In REALITY (based on the law)
The Fed does not print money, has not lent money to the US Treasury, who does sell Treasury bonds (denominated in dollars, but are not redeemed in dollars). The Fed collects interest on extensions of credit.

The Fed are private bankers who get rich... but not by printing "money".

In REALITY, YOU underwrite those worthless notes, and thus are pledged as collateral "backing" all those notes, that the FED gets to skim.

Don't believe me - read their own words:
U.S. Treasury - FAQs: Legal Tender Status of currency
"Federal Reserve notes are "backed" by all the goods and services in the economy."

Ask "your servants" how Congress got a claim upon "all goods and services" that you thought you owned.
 
Old 12-08-2010, 08:23 AM
 
2,541 posts, read 2,738,149 times
Reputation: 492
Quote:
Originally Posted by jetgraphics View Post
Did you bother to read the legal definitions?

The Congress only has the power to :
1. Coin money (stamp bullion) and
2. Borrow money.
It has no power to "issue currency" unless it is certificates (receipts for money in the vault) or notes (promises to pay money in the future).

Notes are NOT money, by law.

REAL MONEY - Money which has real metallic, intrinsic value as distinguished from paper currency, checks and drafts.
Black's Law Dictionary, Sixth Ed. p. 1264

MONEY - In usual and ordinary acceptation it means coins and paper currency used as a circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 280 Ky. 319, 133 S.W. 2d 74, 79, 81.
Black's Law Dictionary, Sixth Ed. p. 1005

NOTE - An instrument containing an express and absolute promise of signer (i.e. maker) to pay to a specified person or order, or bearer, a definite sum of money at a specified time. An instrument that is a promise to pay other than a certificate of deposit. U.C.C. 3-104(2)(d)
Black's Law Dictionary, Sixth Ed. p. 1060

In 1933, Congress repudiated their promise to redeem their notes with lawful money. (See House Joint Resolution 192, June 1933).

In REALITY (based on the law)
The Fed does not print money, has not lent money to the US Treasury, who does sell Treasury bonds (denominated in dollars, but are not redeemed in dollars). The Fed collects interest on extensions of credit.

The Fed are private bankers who get rich... but not by printing "money".

In REALITY, YOU underwrite those worthless notes, and thus are pledged as collateral "backing" all those notes, that the FED gets to skim.

Don't believe me - read their own words:
U.S. Treasury - FAQs: Legal Tender Status of currency
"Federal Reserve notes are "backed" by all the goods and services in the economy."

Ask "your servants" how Congress got a claim upon "all goods and services" that you thought you owned.
"Quantitative easing is simply printing more money. Normally the Federal Reserve buys government bonds passively to maintain its interest-rate target. With quantitative easing the Fed aggressively buys government bonds and other securities in large quantities.

So how does the Federal Reserve print money? First, it buys government bonds and other financial securities from big New York City banks.

It pays for these bonds with newly created electronic money, using computers to change the records of the banks’ accounts at the Fed.

If the banks want paper dollars, Federal Reserve Notes, the Department of the Mint at the U.S. Treasury prints and sends crisp new dollars to the Federal Reserve which forwards them to the banks."

QE2 101: How the Federal Reserve managed to print money - CSMonitor.com
 
Old 12-09-2010, 01:50 AM
 
Location: Prepperland
19,023 posts, read 14,198,297 times
Reputation: 16747
Quote:
Originally Posted by freefall View Post
"Quantitative easing is simply printing more money. Normally the Federal Reserve buys government bonds passively to maintain its interest-rate target. With quantitative easing the Fed aggressively buys government bonds and other securities in large quantities.

So how does the Federal Reserve print money? First, it buys government bonds and other financial securities from big New York City banks.

It pays for these bonds with newly created electronic money, using computers to change the records of the banks’ accounts at the Fed.

If the banks want paper dollars, Federal Reserve Notes, the Department of the Mint at the U.S. Treasury prints and sends crisp new dollars to the Federal Reserve which forwards them to the banks."

QE2 101: How the Federal Reserve managed to print money - CSMonitor.com
As you refuse to acknowledge that the LAW says one thing, and you choose to believe the verbiage offered by the FED, we have no common ground to communicate. You are hopelessly fooled by the world's greatest propaganda ministry.

Restating:
"Dollar bills" are not money, by law.
The FED does not print money.
Congress has no power to create money.

Prove me wrong. Find a law that supports your statements and refutes mine. I may have made a mistake and missed it.
But if I am right, then realize how pervasive is the deception.
"They" are very arrogant, since the facts are in print, available in every county courthouse law library. But they trust in the ignorance and apathy of the American people to maintain the fraud.

(You don't need WikiLeaks to find hard evidence of massive fraud and constructive fraud by government.)
 
Old 12-09-2010, 07:55 AM
 
Location: Ohio
24,621 posts, read 19,159,948 times
Reputation: 21738
Quote:
Originally Posted by HC475 View Post
Now that there is a blatant lie... Bernanke as recently as yesterday on "60 Minutes" had to defend the "FED" for printing money... or saying that they're not...
It's just an expression. If we used the real economics terms people would be weirded out and clueless.

Quote:
Originally Posted by HC475 View Post
Presidents Lincoln, Garfield, and Kennedy were assasinated because they opposed the "Fed" and their "Gold Standard"... and implemented a Silver standard...
The Federal Reserve didn't exist until 1913. You are way out in freaking left field.

You can twist and distort a few badly out of context phrases all you want, but Kennedy's assassination had nothing to do with the gold standard. The Southern Democrats withdrew their support for Kennedy following the Kennedy Political Crisis (what morons erroneously refer to as the Cuban Missile Crisis which he single-handedly caused because he was a moron). The Southern Democrats were looking for a new candidate to run against Kennedy in the primaries, and there were several Northern Democrats, including Humphrey who were also considering running against Kennedy.

That would split the part and give the Republicans and easy win in '64, especially since they would be using Kennedy Political Crisis and his other huge mistakes (like the Bay of Pigs etc) against him. Contrary to the Kennedy Apologists, he was not the beloved president everyone makes him out to be. Many Americans were frightened of him and his stupidity (like Berlin -- another good example).

Kennedy was given the opportunity to resign or announce that he would not seek a 2nd Term. He refused to do either, and that's why he was offed. When Johnson was asked not to seek a 2nd Term, he wisely agreed and made the announcement.

People had enough of JFK, that's why RFK trailed Humphrey in the primaries by nearly 200 votes.

Quote:
Originally Posted by HC475 View Post
President McKinley was assasinated because of just the opposite... He supported the "Gold Standard" and actually ran on that agenda... He was assasinated by an anarchist...
Um, the US was already on the Gold Standard.

The only thing McKinley did was drop the Silver Standard.

Quote:
Originally Posted by jetgraphics View Post
Congress has no power to create money, nor delegate such a power to anyone else.
The US Treasury Department isn't Congress.

Quote:
Originally Posted by HC475 View Post
The President can sign an Executive Order giving Congress the right to print money...

That's what Lincoln and Kennedy did and were both assasinated by the Money Changers for monetizing silver...
Show us the Executive Orders.

Quote:
Originally Posted by Bideshi View Post
I'm sure glad you've solved these killings.
Yeah, well I suppose you have to expect that sort of nonsense from the uneducated.
 
Old 12-09-2010, 09:22 AM
 
2,541 posts, read 2,738,149 times
Reputation: 492
Quote:
Originally Posted by jetgraphics View Post
As you refuse to acknowledge that the LAW says one thing, and you choose to believe the verbiage offered by the FED, we have no common ground to communicate. You are hopelessly fooled by the world's greatest propaganda ministry.

Restating:
"Dollar bills" are not money, by law.
The FED does not print money.
Congress has no power to create money.

Prove me wrong. Find a law that supports your statements and refutes mine. I may have made a mistake and missed it.
But if I am right, then realize how pervasive is the deception.
"They" are very arrogant, since the facts are in print, available in every county courthouse law library. But they trust in the ignorance and apathy of the American people to maintain the fraud.

(You don't need WikiLeaks to find hard evidence of massive fraud and constructive fraud by government.)
If you dont want to call it 'money', fine. but the dollar bill, or Federal Reserve Note, or whatever it is, is the only currency that is accepted on the world market for a barrel of oil - that is where its value comes from. Its currency based on the oil standard.
 
Old 12-09-2010, 11:02 AM
 
19,226 posts, read 15,318,165 times
Reputation: 2337
Quote:
Originally Posted by freefall View Post
If you dont want to call it 'money', fine. but the dollar bill, or Federal Reserve Note, or whatever it is, is the only currency that is accepted on the world market for a barrel of oil - that is where its value comes from. Its currency based on the oil standard.
Lick Quitity
 
Old 12-09-2010, 12:55 PM
 
5,346 posts, read 4,046,385 times
Reputation: 545
Quote:
Originally Posted by Mircea View Post
It's just an expression. If we used the real economics terms people would be weirded out and clueless.



The Federal Reserve didn't exist until 1913. You are way out in freaking left field.

You can twist and distort a few badly out of context phrases all you want, but Kennedy's assassination had nothing to do with the gold standard. The Southern Democrats withdrew their support for Kennedy following the Kennedy Political Crisis (what morons erroneously refer to as the Cuban Missile Crisis which he single-handedly caused because he was a moron). The Southern Democrats were looking for a new candidate to run against Kennedy in the primaries, and there were several Northern Democrats, including Humphrey who were also considering running against Kennedy.

That would split the part and give the Republicans and easy win in '64, especially since they would be using Kennedy Political Crisis and his other huge mistakes (like the Bay of Pigs etc) against him. Contrary to the Kennedy Apologists, he was not the beloved president everyone makes him out to be. Many Americans were frightened of him and his stupidity (like Berlin -- another good example).

Kennedy was given the opportunity to resign or announce that he would not seek a 2nd Term. He refused to do either, and that's why he was offed. When Johnson was asked not to seek a 2nd Term, he wisely agreed and made the announcement.

People had enough of JFK, that's why RFK trailed Humphrey in the primaries by nearly 200 votes.



Um, the US was already on the Gold Standard.

The only thing McKinley did was drop the Silver Standard.



The US Treasury Department isn't Congress.



Show us the Executive Orders.
The "FED" has existed in many forms... First as the Bank of The United States before President Andrew Jackson shut them down...

Abraham Lincoln and "Greenback" currency.

http://en.wikipedia.org/wiki/Legal_T...er_Act_of_1862

Despite strong opposition, on February 25, 1862, President Lincoln signed the First Legal Tender Act into law, authorizing the issuance of United States Notes as a legal tender—the paper currency soon to be known as "greenbacks.

Legal Tender Act of 1862

The Legal Tender Act of 1862 was enacted to issue paper money to finance the Civil War without raising taxes. The paper money depreciated in terms of gold and became the subject of controversy, particularly because debts contracted earlier could be paid in this cheaper currency.

JFK - Executive Order 11110

Executive Order 11110 - Wikipedia, the free encyclopedia

Executive Order 11110 was issued by U.S. President John F. Kennedy on June 4, 1963.

This executive order delegated to the Secretary of the Treasury the president's authority to issue silver certificates under the Thomas Amendment of the Agricultural Adjustment Act.

Both Presidents were assasinated for monetizing silver.
 
Old 12-09-2010, 01:29 PM
 
19,226 posts, read 15,318,165 times
Reputation: 2337
Quote:
Originally Posted by ergohead View Post
Lick Quitity

Lick and a promise, that is!
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