A good video for those who need to know and understand what the Federal Reserve system is and what it means for you and your future. http://www.stage6.com/Liberty/video/1146180/The-Federal-Reserve-System-(Money,-Banking)
You should make one daily thread with all your video and news links, not that I don't like viewing them, just its hard to go through so many threads to find them *** off topic *** Do you believe in 9\11 conspiracys?
Devilhellz , i cant believe the nerve of someone question the holy word of their government. This is BLASPHEMYYYYYYYYYYYYYYYYYYY!!!!!!!!!!!!!!!
I'm happy people are talking about the Federal Reserve. It deserves discussion, whether the conclusion you come to is mainstream or not. You can't have a truly free society when government and state departments are taboo to discuss.
Is this more BS about how the Rothschilds and the foreigners own the Fed? How come no one ever mentions any valid concerns like the involvement of primary dealers in the frequent repo transactions and the outright purchases of corporate securities? Why base your argument around intellectually dishonest conspiracies when you can criticize the system using facts? Whatever, you can keep imagining things that aren't true; it's not going to get you anywhere.
Why don't you bring it up? You don't like conspiracies, then why don't you start posting some facts! The idea is to engage people intellectually, not to yell at them for being stupid, and withholding your knowledge smugly.
I present facts as much as possible so I'm not sure what you're on about. Your post is rather ironic since you're the one who always denies the facts I present. How could I give you the facts if you're not ready to accept them?
We argue economic theory, and you continue to claim you read the book about Jekyll Island, and then tell me we're bat$hit for thinking that the Federal Reserve was set up under controversial circumstances for controversial purposes. But I would love to read and learn about Primary dealers and corporate securities. Correct me if I am wrong, but I have never come across those topics in your posts.
The meeting at the Jekyll Island was for constructing the Aldrich plan which is very different from the Federal Reserve Act. The bankers held the meeting privately because they knew that the idea would be rejected. Lo and behold, the plan did not go through. The Aldrich Plan was a framework for a for-profit central bank owned and operated by private banks; the Federal Reserve is an independent central banking system without an owner, governed by a Federal Government Agency. I've mentioned them before, but I was too busy fighting your conspiracies. We'd have to first agree on the basic functions of the Federal Reserve and its monetary policy in order to discuss any advanced topics on it. Unfortunately, we can't even agree on the most fundamental aspects of the Fed.
LOL No one is complaining when the paper buys you a benz and a mansion and a hot european girl pretends like she loves you... haha, nothing but ya'lls own selfishness that destroyed everything... sure keep blaming it on the schemers cause they were genius's enough to get theirs... boy get yours or let it go.
These people are religious fanatics, if you are subjected to aggressive indoctrination from the age of 4 your blood will boil when someone mentions that government is lying about this or that, or that there are no Muslim terrorists US government = God
First 30 seconds and I already found 2 falsehoods. It’s accountable to congress which is why the Chairman has to testify before the fed twice a year. Which is also why congress had to approve of Ben Bernanke for the chairman position. The video says it has no budget but hey look here 2007 Federal Reserve Budget http://www.federalreserve.gov/boarddocs/rptcongress/budgetrev/br07.pdf
It's not accountable to Congress. Congress cannot dictate policy, and Congress cannot fire Bernanke. It's self-funded. It doesn't receive a budget allocation from general revenue. You're close, but so far away.
Actually congress did dicate policy with the The Humphrey-Hawkins Act and congress can fire Bernanke in 4 years when his term ends.
Congress actually does have the authority to change the Fed's policy. One way is by passing a law as suggested above, and the other way is by placing directive on the Fed's policy into a concurrent resolution. Congress could even dissolve the Fed if it chooses to.