Posted on 08/27/2009 11:57:58 AM PDT by rabscuttle385
If the American electorate really knew the true and complete extent to which the establishment was screwing them from New York and Washington, another Revolution would erupt overnight.
.
Only one thing remains: abolish the federal reserve.
You missed abolishing income and payroll taxes.
So, instead of hurting banks, lets screw the populace! Great idea! Phucking crooks!
Jesus, Bernie Sanders even wants the Fed to open records.
But I guess from the standpoint of the GOP and the DNC, secrecy is better than openness. For the children, stuff like that. We must be protected from ourselves, what with our little child like minds and all.
Nevertheless, it is our money and we have the right to know!
Thats why he is dragging his feet.
Federal Reserve Act & the income tax amendment, both passed in the same year - 1913.
Coincidence?
I won’t pretend to understand the rules under which the Fed operates, but I thought I understood a little bit about corporate reporting requirements. Which raises the question about why these banks haven’t had to report to their shareholders how much they borrowed from the Fed?
If the information is so important that it could cause a collapse of a bank, then that bank surely should be telling its shareholders that it was close to collapse.
Otherwise, what is the point of ever telling shareholders anything at all?
Most of the banks in question are based in New York. Former AFL/CIO pres. appointed to the NY fed reserve board. Coincidence.
The Federal Reserve is the biggest criminal enterprise in the world. One of the reasons JFK was killed was because he sought to abolish the Fed. The financial criminals have brought tremendous amounts of debt onto this country that rivals the equivalent of our entire GDP.
I say this clearly, if you have personal debt, pay it off as quickly as you possibly can. This economy is starting to be peeled back to open up the reeking pile of garbage that it has been for a long time. The Federal Reserve can no longer hide it.
Let’s be efficient and abolish the federal government! Power to the people through state government!
If you have a fixed rate mortgage does it make sense to not pay it off, wait for the dollar to collapse and then pay the balance with about 15 minuted worth of work? What kind of debt is dangerous to have in a hyperinflation?
yeah. I suppose that uncovering these companies as bankrupt and corrupt would “hurt” them all right.
With hyperinflation and a dollar collapse, that dollar you have will be worth much less to pay off any existing debt. That debt is in today dollars. The dollar isnt going to go through hyperinflation, it will collapse. What will go through hyperinflation is prices for everything.
What is going on in Zimbabwe, for example, is their money is literally worthless. Ours will be too on the same course we are headed in, yet you wont see people suddenly making a million dollars an hour. What you are seeing is a steady decline in wages accross the board. Or people’s job just simply disappearing.
They have a lot of nerve protecting the banking system. They should be putting banks out of business, on purpose. We need lots of bank failures. It didn't hurt us during the Great Depression, why would it hurt us now?
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