The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpay (Ron Paul, Congress)
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The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral
Well, the fed is a privately owned business, is it not? That we entrust our economy to a privately owned business that masquerades as federally owned (ala the treasury) is an incredibly misguided, shortsided, and naive endeavor.
It seems to me Ron Paul has been talking about the fed having too much power for quite some time now.....too bad he wasn't allowed to talk too much about it during the debates.
I thought that was the purpose of the Fed. The more money they loan out, the more they collect in interest. And since they don't actually loan out money to begin with (money is created through a simple computer entry), they collect interest payments on money that doesn't even exist to begin with. Sweet system for a few global financiers and the Illuminati. Bad for the lowly peasants who see the purchasing power of their money decrease over time.
Well, the fed is a privately owned business, is it not? That we entrust our economy to a privately owned business that masquerades as federally owned (ala the treasury) is an incredibly misguided, shortsided, and naive endeavor.
It seems to me Ron Paul has been talking about the fed having too much power for quite some time now.....too bad he wasn't allowed to talk too much about it during the debates.
The Fed 'promised' to be transparent in how it doles out our money - what was that about trusting Ken Lay, its the last screw job before Bush leaves office.
Fairly cool to see Bloomberg going after the true villain. Dangerous move though. Kennedy went after the Fed in June '63. He was dead less than 6 months later.
The only one who ever toppled the central bank was Andrew Jackson. He considered it he greatest accomplishment. Old Hickory was the only man strong enough to defeat that evil and survive (and even he was shaken).
I find it fascinating how easily people from the left and right come to common ground regarding the Fed. It makes me think that if enough of the combatants in the left vs right partisan boondoggle would just read up on the central banks, we could actually overcome.
How could anybody not find suspicious a bill as monumentally significant as the Federal Reserve Act slipped through late night on Dec 23?
Fairly cool to see Bloomberg going after the true villain. Dangerous move though. Kennedy went after the Fed in June '63. He was dead less than 6 months later.
The only one who ever toppled the central bank was Andrew Jackson. He considered it he greatest accomplishment. Old Hickory was the only man strong enough to defeat that evil and survive (and even he was shaken).
I find it fascinating how easily people from the left and right come to common ground regarding the Fed. It makes me think that if enough of the combatants in the left vs right partisan boondoggle would just read up on the central banks, we could actually overcome.
How could anybody not find suspicious a bill as monumentally significant as the Federal Reserve Act slipped through late night on Dec 23?
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral
here then is potentially some good news for you! HR1207 has been tabled for congressional approval. if you believe the fed needs to be reigned in, contact your congressman and get them to support HR1207. then pass it on to everyone you know.
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