Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Location: In a Galaxy far, far away called Germany
4,300 posts, read 4,408,318 times
Reputation: 2394
Advertisements
Quote:
Originally Posted by Nafster
I'd really like to know.
What's the case against these people and why are they so "evil"?
Everyone who investigates them (really, they TRY to investigate) - whether liberal or conservatives, they come to the same conclusions: They are shady and they operate without oversight. Just yesterday, on CNN, they had that real liberal investigative reporter from the Rolling Stone Magazine being interviewed about a piece he wrote on it. Even Barney Frank and Ron Paul co-sponsored a bill to make the FED "transparent". The real power-brokers (who own both major parties) run it and they don't want anyone to know what they are doing. They are one of the big reasons why the rich keep getting richer (reference the CNN interview).
What's the case against these people and why are they so "evil"?
-Conflict of interest inherent in design. Privatize the profit and socialize the losses is foul beyond belief. It should have never been permitted to stand as it has and it needs reform.
- Our monetary system is in dire need of reform based on real math, not existential math. The accounting shenanigans are destroying America from within giving permission to corporations to play pirate. Please see original arguments/ grave concerns with Alexander Hamilton, harsh finance reform implemented under Andrew Jackson, and greenbacks issued by Lincoln.
There isn't one. It's just like an alcoholic who blames everyone but himself for the fact that his life is totally miserable and he's an alcoholic.
Explain to me why Amish should have to pay extra taxes for the corporate tax evaders. The entire planet leaning on our monetary system experiences a catastrophe because of vile things going on in the fed, on wall street, and in gov't accounting standards corrupted to hell and back. Honest business and unrelated industry/ small business/ whole other sovereign nations being punished by what are a select group of individuals imposing hidden tolls and taxes on planetary GDP need confrontation. Financial warfare is afoot.
There are countless websites out there that go into detail on the activities of The Fed and how destructive they are to the American economy. We all suffer in a thousand different ways because the Fed adversely affects the American economy in a thousand different ways. You will find no sites from legitimate sources that say the Fed is a good thing in practice, although extremely simplistic government-sponsored sites may try to claim the idea of The Fed is good in theory.
The thread starter is one of those questions that would take an encyclopedia to answer. Each aspect (devaluation of the dollar, off-shoring American dollars, ownership by the richest families in the world, locking up banking credit because of guaranteed no-risk interest profits in circulating the money within the banking system) deserves a book of its own, since the system is pretty complex and must be understood before the problems are apparent.
Here on CD, long posts don't go over well (I should know). Many don't read long posts at all, especially when the reader is not familiar with the topic. And much of the background material necessary to understand The Fed and what it is doing is simply dry and tedious.
Which is precisely why The Fed gets away with destroying the economy, in collusion with the government that it was supposed to be independent from. It's too hard to understand. Much easier to take the simplistic view of your political party being right, and the other wrong, and everything bad about the nation being due to the other party's evil ways.
1. it aint FEDERAL...its FOREIGN
2. our treasury has not control over it
How would anyone know with wild wild west globalization rules permitting a corporate entity holding no allegiance to this country to influence decisions? Does Saudi Arabia and China own us when every interest of our own gets subordinated to them since Nixon era? Looks like it to me.
"The Federal Reserve is a cartel of private banking corporations which lend money to the United States. It is touted as if it were a Government Agency. IT IS NOT. The Federal Reserve Bank, through its inflation of the money supply and the distortion of free markets resulting from its intervention, is responsible for the current financial and economic crisis."
A good article at: The Federal Reserve Bunk"Article I, Section 8, Clause 5, of the United States Constitution provides that Congress shall have the power to coin money and regulate the value thereof and of any foreign coins. But that is not the case. The United States government has no power to issue money, control the flow of money, or to even distribute it - that belongs to a private corporation registered in the State of Delaware - the Federal Reserve Bank.....
KENNEDY TRIED TO CHANGE IT
In 1963, President John Kennedy wanted an end to the Federal Reserve System, which had a strangle-hold on the United States and virtually the world. By a simple stroke of the pen, President Kennedy dismissed the Federal Reserve System and ordered the U.S. government to restore its Constitutional-mandate of controlling the money. President Kennedy was dead three weeks later. When President Lyndon Johnson took office, he immediately rescinded Kennedy's order and the Federal Reserve won another round...."
Gee, I wonder why Kennedy was assassinated.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.