Posted on 12/15/2013 6:54:08 PM PST by Errant
A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Fed's creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would elicit some sort of public recognition of the Fed's growth from a quasi-agent of the Treasury Department intended to provide an elastic currency, to a de facto independent institution that has taken complete control of the economy through its central monetary planning. But just like the Fed's creation, its 100th anniversary may come and go with only a few passing mentions.
(Excerpt) Read more at marketoracle.co.uk ...
Yawning is a sign of nervousness.Nope, boredom. I find nutcase antisemitism boring.
“An audit that has never been performed since its inception over 100 years ago.”
Another flat out lie. Sorry, you brand yourself as a tool or a fool with easily refutable claims like that.
Yeah, only a nutcase would think revelations about fiat and central banks is anti-Semitism...
From #120 above: "The first top-to-bottom audit of the Federal Reserve..."
Except it wasn't a "top-to-bottom" audit in the clearest sense.
"It's important though not to confuse the aim of the bill with a financial audit. The Federal Reserve's finances are already audited every year by an independent accounting firm. (Last year it was Deloitte and Touche). The central bank also publishes its balance sheet every Thursday online.
Instead, what Paul is aiming for is a full investigation of the way the Fed determines monetary policy.
Those deliberations currently take place behind closed doors. Minutes are released with a three-week lag, and full transcripts are published only five years after the fact.
----- Clip ------
Current law also protects the Federal Reserve from audits that reveal transactions with foreign central banks and governments, the reserves of its member banks and discussions among its employees about these issues."
Get a brain. You only discredit yourself.
OK, thanks. I was in this strategy a few years ago, almost totally in regular stocks now, think it's about time to head back into energy/gold funds again. That's an interesting indicator you brought up, will be watching it.
Could it be considered to be anti-Semetism to be the first on the thread to make the banks-Semetism connection? Not sure how using these cards work. :^)
Excellent! First, you have to open a bank.
Then you have to become a member of the Federal Reserve System. Let me know when you're done filling out the paperwork.
Here are the collateral guidelines:
Federal Reserve Collateral Guidelines
Good luck!
No. Overnight loans in exchange for high quality collateral would not have stimulated the economy.
You want to know the shareholders of BAC and WFC?
Since the bank's shares of the FED are determined by 6% of the private bank's assets,
Why only 6%?
There again, it would be wonderful if you would share these figures whom the Congress of the United States have been seeking through an audit
If a member of Congress is too stupid to read the Fed's press release...
...they may be named Ron Paul or Alan Grayson.
An audit that has never been performed since its inception over 100 years ago.
Except for the ones done annually.
Like here.
Not spending as much as the government takes in would shrink the supply.
You do realize that the definition for depression is meaningless in an inflationary economy? You can have positive growth in dollars while having a negative real output. The Fed is running a con game not working miracles.
Not much chance of that, when they can just print what they need, is there?
What definition is meaningless? All of them?
You can have positive growth in dollars while having a negative real output.
Okay.
The Fed is running a con game not working miracles.
Who said they were working miracles?
When the America citizenry figures it out there will never be a Fed Resv ever again.
If we survive the hell the Fed and all of the other central banks are about to put the world through.
Here’s a video for ya in case you haven’t seen it.
http://www.youtube.com/watch?v=QPKKQnijnsM
Kill the greedy kulaks, eh comrade?
Absolutely not!
Just embarrass them. That’s worse than death.
The one percent would not have been qualified to be kulaks back in Soviet Russia. They were way above that.
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