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U.S. Backing for World Currency Stuns Markets
The Micro Effect ^ | 03/11/2011 | Staff Writers

Posted on 03/12/2011 12:12:53 PM PST by ex-Texan

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To: TopQuark

Tell me what you think, if Obama signs us up for this one world currency manifesto; is he committing treason?

http://www.futureworldcurrency.com/Documents.asp?DocumentID=3027


121 posted on 03/12/2011 3:15:24 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: TopQuark
I think that calling for a world currency and utilizing global warming as a monstrous threat to try to introduce, enforce and usher in NWO IS manipulation, that it is detrimental to the interests of the American people.
122 posted on 03/12/2011 3:21:52 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: algernonpj
Can you refer me to an investment where I can invest 6% of my assets and get a guaranteed 6% return on my investment while I am still holding onto and 1/2 of that investment?

Easily: buy a 6% preferred stock on margin.

Sorry that you don't see the irrelevance of that point. To make it simpler: suppose you are right, suppose banks are the only ones that get that special deal. So what? The onus is on you to show that it is contrary to the interests of American people. [ Hint: you can't have a central bank without bankers. ]

No less importantly, is another point you and many others appear to miss. Ownership and control are two different tings. This divergence is all around you, multiplied hundred of thousands of times. A laundromat organized as a corporation must have some states multiple owners. So the founder may bring on board his wife and/or daughter. But he does not want interference from those people. His lawyer would immediately advise him to create two classes of stock: one that expresses economic benefits (profits), and another control (voting rights). So the wife is part owner but has no say whatsoever in the running of the business. This is commonplace.

Fed is run in a somewhat similar fashion: the member banks own the Fed but even taken together, constitute only a minority when it comes to decision-making. Even if you could manage to organize a conspiracy of hudreds of banks, they would be still outvoted by appointees to the Board of Governors.

So, the conspiracy theories make factual mistakes in their claims of Fed ownership, but an even greater mistake when they focus on ownership in the first place. Many people believe, mistakenly, that ownership and control is the same thing. It is not. And there is nothing mysterious about that: ask your neighbor who owns laundromats nearby.

123 posted on 03/12/2011 3:26:38 PM PST by TopQuark
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To: ex-Texan

The Geithner statement didn’t happen yesterday. It happened two years ago. On March 25, 2009.


124 posted on 03/12/2011 3:26:38 PM PST by catnipman (Cat Nipman: Made from the right stuff!)
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To: algernonpj
The money paid to the treasury is after the above mentioned 6% and 'operating expenses'.

You bet. Last year, the Fed paid $78.4 billion to the Treasury, after they paid dividends of $1.6 billion.

Source

The Federal Reserve is the embodiment of Marx's plank #5, in that it has a monopoly over credit.

Last time I took out a loan, the Fed didn't have a say in the matter.

125 posted on 03/12/2011 3:27:48 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: catnipman

You’re correct. I was wondering when someone was going to point out this is old news.

It is news to some though.


126 posted on 03/12/2011 3:29:46 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: ex-Texan
Do White Hat reports # 8 and 9 delineate the bribes you are talking about?
127 posted on 03/12/2011 3:30:12 PM PST by rodguy911 (FreeRepublic:Land of the Free because of the Brave--Sarah Palin 2012)
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To: nerdwithagun

Like minds, every time I start to think Alex Jones is a looney tunes this stuff keeps coming up.


128 posted on 03/12/2011 3:31:52 PM PST by rodguy911 (FreeRepublic:Land of the Free because of the Brave--Sarah Palin 2012)
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To: Toddsterpatriot

Who are you a sheik or Trump?


129 posted on 03/12/2011 3:35:06 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: ex-Texan

No need to worry. The Russians/Soviets and Chinese (and their allies) are going to attack us soon.


130 posted on 03/12/2011 3:40:42 PM PST by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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To: ex-Texan

Little Timmy steps in it again. What a lamer.


131 posted on 03/12/2011 3:44:17 PM PST by upchuck (When excerpting please use the entire 300 words we are allowed. No more one or two sentence posts!)
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To: combat_boots
It's not Obama's plan.It's Soros' & Cabal's.

I have been saying this for some time.Zero is little more than a full time candidate reading a teleprompter, IMHO.

132 posted on 03/12/2011 3:47:12 PM PST by rodguy911 (FreeRepublic:Land of the Free because of the Brave--Sarah Palin 2012)
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To: TopQuark

Say, do you get paid by the word, the post, or the article??


133 posted on 03/12/2011 3:50:30 PM PST by algernonpj (He who pays the piper . . .)
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To: Thunder90
No need to wait for the Russkies and China --

Meltdown Confirmed !

http://www.freerepublic.com/focus/f-news/2687824/posts

Radiation is heading toward the west coast of the US right now. Recall all those thousands of Japanese balloon bombs carried by the Jet Stream during WW II ____ ?

Disinformation and Bovine Squat rule in today's world. Zero and Homeland Security were asleep at the switch. They are all hopeless wankers ! !



134 posted on 03/12/2011 3:51:39 PM PST by ex-Texan (Ecclesiastes 5:10 - 20)
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To: Dubya-M-DeesWent2SyriaStupid!
I think that calling for a world currency and utilizing global warming as a monstrous threat to try to introduce, enforce and usher in NWO IS manipulation, that it is detrimental to the interests of the American people.

Of course it is. But if Geithner had those beliefs, he had them before he went to any of those meeting. Wilson was stomping for one-world government before any Bittburg group ever existed. The Communist Party was the most influential party in France at the end of WW II not because there was any conspiracy: this belief was shared by many in the open.

Just as you've got to differentiate presidency and presidents, you should differentiate Geithner and the Fed. Gethner may well be a socialist. If so, he would surely advocate policies that you and I do not like. So rail against those policies (as I do); rail against him personally if you prefer. I want his out of office --- any office. That does not mean abolishing the Fed, which is the nonsense you hear on this board day in and day out.

I am not telling you anything new here; I am just urging you to think more carefully. Obama is a socialist. You and I want him out of office. But nobody in his right mind suggests that he gained presidency as a result of a conspiracy, or that there is a conspiracy in the White House. No, everything they do is in the open and very simple: a socialist president surrounded himself with like-minded people, which together do what they believe in. You and I know that it is ruining the country, but that is not a conspiracy: they have a mandate from the American people. Nor do you suggest that, just because we don't like Obama, we should eliminate the office of the president itself.

Do the same in this case. Remember that we have a socialist running the Fed for the first time in history. We have to clean the Fed from such presence just as we have to clean the White House. But calling for the elimination of the Fed is as unfounded and stupid as would be calling for the elimination of the office of the president of the U.S.

P.S. By the way: not only socialists attend Bittburg group --- just as none of our Fed chairmen were socialists.

I did not want to bring it up earlier, but I think you should also know what you are really dealing with here. The original conspiracy theory of the Fed was not about foreign influence or private influence. It was solely about the Jewish conspiracy to enslave the world. It started shortly after the Fed formation, especially in the 1930s. It is not common now to speak about it, but British middle class and much of the American upper class shared Hitler's views on the Jews. And Hitler was not bashful: all of the wars, all of the stock-market crashes, all the poverty and misery in the world were due to behind-the-scenes manipulations by the Jews --- especially the Rothschilds, of course.

While in this country there was great prejudice against the Jews at the time (as well as against Irish, Italians and other Catholics), this European paranoia has never affected American people to the same extent. So especially now, many decades later, a person like you may not even suspect that very many who rail against the banks --- especially Goldman, not JP Morgan or Citi, right? --- and the Fed are pursuing the same agenda.

I am not suggesting even for a minute that you share such prejudice, but you should know where the conspiracy theory originated and that many people that advocate it pursue their own, anti-Jewish, agenda.

135 posted on 03/12/2011 3:53:39 PM PST by TopQuark
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To: algernonpj
Say, do you get paid by the word, the post, or the article??

Thanks for revealing your impotance fully.

Isn't it funny how those who have no substantive retorts turn to the personality of the opponent? Just think how much smarter you'd look if you only kept silence.

As one great man said, "Smart people are not the ones that say smart things: they are those that refrain from saying stupid things."

Have a good night.

136 posted on 03/12/2011 3:57:15 PM PST by TopQuark
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To: Dubya-M-DeesWent2SyriaStupid!
Tell me what you think, if Obama signs us up for this one world currency manifesto; is he committing treason?

Yes I do. Absolutely. And it angers me that one half of my fellow Americans give him a mandate to undermine this great country. Forget about the currency --- I am furious for decades that my money goes to the United Nations, and our courts started to take foreign courts "in consideration" when considering cases before them. I don't want us to lose even a drop of our independence. We are a special country, and we should be guided by nothing other than our Constitution and traditional values.

But our enemies --- socialists --- dominate in many areas: schools, many courts, social-science departments of universities, mayoral positions in all largest cities (for decades in Philly, Chicago, New York, Detroit, etc.) --- and now even the Office of the President. Unless we take back our schools we will see, I am afraid, more Obamas and more Geithners. I am very, very concerned.

137 posted on 03/12/2011 4:12:25 PM PST by TopQuark
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To: catnipman
The Geithner statement didn’t happen yesterday. It happened two years ago. On March 25, 2009.

U.S. backing for world currency stuns markets - Freerepublic 3/25/2009

138 posted on 03/12/2011 4:14:08 PM PST by Doe Eyes
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To: 2001convSVT

There is no “as if” about it. There is no Demopcrat party anymore. Call a spade a spade. And the Pubbies are to the left of where John F. Kennedy was be fore they did him in!


139 posted on 03/12/2011 4:31:37 PM PST by Paperdoll ( On the cutting edge)
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To: Cboldt

Then hope the conservatives in this Congress will do as their electorate wishes them to do. We must let them know!


140 posted on 03/12/2011 4:36:59 PM PST by Paperdoll ( On the cutting edge)
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