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The Greatest Scam of History!

it is true more or less. The stuff about the reserve being a crappy scam I dont knwo about the assination conspiracies.
 
Originally posted by: flxnimprtmscl
Originally posted by: wvtalbot
The fed assassinated Lincoln, ohhhhh yeah 100% true........I bet they were behind 9/11 too
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I think they meant to say Alan Greenspan.
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Greenspan might be old enough to have assassinated Lincoln. 🙂


Sites like this are just hilarious, made by people who have no clue how the fed or economics in general work.
 
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Some very sick and/or evil person/persons has been spamming my guestbooks so bad with filthy porn and drug entries I am going to close it down for the time being, I hope to re-open it again at a later date. It breaks my heart to have to shut down my guestbook but I just can't put up with these porn and drug entries any longer , it's proving to be too stressful for me to have to delete these entries all day long. So for my peace of mind I have no choice, I simply cannot have my guestbooks desecrated by these filthy entries any longer, it's just too much for me to deal with .. I appreciate all the countless thousands of wonderful entries so many have made in my guestbooks , I wish I could thank each and every of you personally. I put so many hours into every web page I make and it's wonderful comments like the ones I have received that make it all worthwhile. The "view guestbook" link still works so all of my guestbooks are still available for viewing if you'd care to check them out, all 176 of them ;?)

LOVE IN CHRIST

MARY JONES
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😀
 
Originally posted by: wvtalbot
Originally posted by: gigapet
http://en.wikipedia.org/wiki/Federal_Reserve_Bank

for more info. It is a private entity/corporation for which congress, excutive, legistlative branches have no control.
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No control huh?

I guess the president appointing and congress approving every member of the fed board means they have no control?

hilarious
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sounds like just a formality to me. Big deal they have "approval" are they really going to go against who the fed reccommends? ....yeah not so much.
 
Originally posted by: J0hnny
If this is real....

http://www.wtv-zone.com/Mary/FEDERALRESERVE.HTML

I'll admit I don't now enough about the banking system and how finances work so I'll consider myself more gullible.
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whoever wrote has abosolutely no idea about macroeconomics, monetary control or what is the job of federal reseve bank.

1) The intererest on the federal deficit goes out to the people that buy the bonds the FED issues.

2) The notion that FED just prints money and we pay them for it is ignorant and irrelevant. The amount of nomical currency only effects inflation and has no link to purchasing power. If the FED printe money to double everyone's wealth, you'll be as wealthy as you were before. That's called inflation

3) Congress appoints the board memebers of the FED and it's been designed that way because macroeconomic policiees work in the long run and as such it would be counterproductive to appoint the members on regular election basis because a) you'd lose the long run direction of the monetary policy and therefore stability b) it would be suseptible to political pressures
 
Originally posted by: gigapet
Originally posted by: wvtalbot
Originally posted by: gigapet
http://en.wikipedia.org/wiki/Federal_Reserve_Bank

for more info. It is a private entity/corporation for which congress, excutive, legistlative branches have no control.
Click to expand...


No control huh?

I guess the president appointing and congress approving every member of the fed board means they have no control?

hilarious
Click to expand...

sounds like just a formality to me. Big deal they have "approval" are they really going to go against who the fed reccommends? ....yeah not so much.
Click to expand...

The Fed doesn't recommend its board members, the President does.
While it's true the Fed could FUBAR our currency for awhile, I can guarantee you Congress would pass emergency measures to prevent it from happening and would clamp down on the Fed like you wouldn't believe.
 
Originally posted by: gigapet
Originally posted by: wvtalbot
Originally posted by: gigapet
http://en.wikipedia.org/wiki/Federal_Reserve_Bank

for more info. It is a private entity/corporation for which congress, excutive, legistlative branches have no control.
Click to expand...


No control huh?

I guess the president appointing and congress approving every member of the fed board means they have no control?

hilarious
Click to expand...

sounds like just a formality to me. Big deal they have "approval" are they really going to go against who the fed reccommends? ....yeah not so much.
Click to expand...



Oh and they can remove a fed board member at will, still no control. And most likely congress won't go against what the fed recommends thats is why the fed is a PARTY NUETRAL entity.

 
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