The Greatest Scam of History!

[j00fek]

cliffs, im too lazy

 

[gigapet]

Originally posted by: wvtalbot

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.

No control huh?

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

hilarious

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.

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.

well we obviously have conflicting opinions here.....I think the banks ultimately has the power over the govt. You think it is the other way around. I don't think either of us can definitively discover what is the actual case since neither of us work in high levels of govt or at the FR. So we can agree to disagree.

 

[wvtalbot]

Originally posted by: gigapet

Originally posted by: wvtalbot

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.

No control huh?

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

hilarious

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.

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.

well we obviously have conflicting opinions here.....I think the banks ultimately has the power over the govt. You think it is the other way around. I don't think either of us can definitively discover what is the actual case since neither of us work in high levels of govt or at the FR. So we can agree to disagree.

Lol, there is no conflicting opinion.

You are simply a conspiracy nutjob.

 

[Steve]

The first person mentioned on the page, has his name spelled two different ways

 

[gigapet]

Originally posted by: wvtalbot

Originally posted by: gigapet

Originally posted by: wvtalbot

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.

No control huh?

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

hilarious

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.

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.

well we obviously have conflicting opinions here.....I think the banks ultimately has the power over the govt. You think it is the other way around. I don't think either of us can definitively discover what is the actual case since neither of us work in high levels of govt or at the FR. So we can agree to disagree.

Lol, there is no conflicting opinion.

You are simply a conspiracy nutjob.

Im not shouting conspiracy Im just saying I think the fed reserve has the US by the nuts not the other way around. There is no conspiracy there its just the way it is....

 

[acemcmac]

Originally posted by: halik

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.

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

Exactly! I couldn't have said it better myself.

 

[Steve]

Originally posted by: sm8000
The first person mentioned on the page, has his name spelled two different ways

June 4, 1963 to November 22, 1963 is more than five months, not less.

 

[wvtalbot]

Originally posted by: gigapet

Im not shouting conspiracy Im just saying I think the fed reserve has the US by the nuts not the other way around. There is no conspiracy there its just the way it is....

No you didn't say that you said:

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

and then completely ignore the fact that the Executive can appoint and remove all members of the board and the legislative approves them all.

Not to mention the fact that congress IS the legislative branch. I mean seriously its legislative, executive, JUDICIAL my man, thats like 6th grade civics.

 

[pontifex]

Originally posted by: MisterJackson
Umm....that site is hideous. I'm gonna not believe the guy based on his webpage making skills alone.

because everyone is a leet webpage programmer that knows every web programming language ever conceived?

 

[gigapet]

Originally posted by: wvtalbot

Originally posted by: gigapet

Im not shouting conspiracy Im just saying I think the fed reserve has the US by the nuts not the other way around. There is no conspiracy there its just the way it is....

No you didn't say that you said:

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

and then completely ignore the fact that the Executive can appoint and remove all members of the board and the legislative approves them all.

Not to mention the fact that congress IS the legislative branch. I mean seriously its legislative, executive, JUDICIAL my man, thats like 6th grade civics.

I meant as if to say they have no control over policy. Which is true. Congress doesnt get a vote on rate hikes etc....

 

[halik]

Originally posted by: gigapet

Originally posted by: wvtalbot

Originally posted by: gigapet

Im not shouting conspiracy Im just saying I think the fed reserve has the US by the nuts not the other way around. There is no conspiracy there its just the way it is....

No you didn't say that you said:

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

and then completely ignore the fact that the Executive can appoint and remove all members of the board and the legislative approves them all.

Not to mention the fact that congress IS the legislative branch. I mean seriously its legislative, executive, JUDICIAL my man, thats like 6th grade civics.

I meant as if to say they have no control over policy. Which is true. Congress doesnt get a vote on rate hikes etc....

The idea of a party neautral entity that sets policy for more than 4 year periods of time is key to having a stable monetary policy. The first time congress would try to raise rates in face of inflationary pressures, the housing industry would lobby their asses off to stop it.

 

[wvtalbot]

Originally posted by: gigapet

Originally posted by: wvtalbot

Originally posted by: gigapet

Im not shouting conspiracy Im just saying I think the fed reserve has the US by the nuts not the other way around. There is no conspiracy there its just the way it is....

No you didn't say that you said:

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

and then completely ignore the fact that the Executive can appoint and remove all members of the board and the legislative approves them all.

Not to mention the fact that congress IS the legislative branch. I mean seriously its legislative, executive, JUDICIAL my man, thats like 6th grade civics.

I meant as if to say they have no control over policy. Which is true. Congress doesnt get a vote on rate hikes etc....

You want congress having control over monetary policy? Would be great to have it flip-flop at every midterm election.

 

[Injury]

Originally posted by: j00fek
cliffs, im too lazy

This website is godawful. That's all you need.

 

[gigapet]

Originally posted by: wvtalbot

Originally posted by: gigapet

Originally posted by: wvtalbot

Originally posted by: gigapet

Im not shouting conspiracy Im just saying I think the fed reserve has the US by the nuts not the other way around. There is no conspiracy there its just the way it is....

No you didn't say that you said:

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

and then completely ignore the fact that the Executive can appoint and remove all members of the board and the legislative approves them all.

Not to mention the fact that congress IS the legislative branch. I mean seriously its legislative, executive, JUDICIAL my man, thats like 6th grade civics.

I meant as if to say they have no control over policy. Which is true. Congress doesnt get a vote on rate hikes etc....

You want congress having control over monetary policy? Would be great to have it flip-flop at every midterm election.

I wasn't suggesting that. I was pointing out where I thought the power was......I think the fed reserve has the power.....thats all. There is no debate here I was simply giving my opinion.

 

[xospec1alk]

Originally posted by: J0hnny

Originally posted by: xospec1alk
wtf was that?

A link for you to read?

it crashed my browser

 

[zephyrprime]

It is indeed true although exagerrated. I don't know about the assasinations though. Just read the record of the 2nd congress for some of the testimony. Also, look at any high school history book and you'll see how dead set against the bank many administrations were and how there were 2 national banks before this one and they were both repealed. Also take a look at fractional reserve banking, another great scam.

 

[BrokenVisage]

Originally posted by: StrangerGuy

Originally posted by: 911paramedic

This is the greatest scam in history.

QFT

 

[DaiShan]

I don't have time to refute all of the points on that home-grown conspiracy theory web site. Suffice it to say it is a crock of sh!t.

 

[FoBoT]

Originally posted by: DaiShan
it is a crock of sh!t.

^^^

 

[mrrman]

that was a great read...I had a feeling that JKK was killed for other reasons than what the govt had said...its a cover up as usual

 

[SampSon]

This history of the federal reserve has been posted here before, on a different site. Except that other site was the actual history, and not a conspiracy theory site like this crap.