What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

***The Federal Reserve*** No Feds or Reserves... (1 Viewer)

Ministry of Pain

Ministry of Pain

Footballguy
Greetings Simpletons, 

It has been brought to my attention more recently in the last couple years just how little control we seem to have on our money and economy at times here in the good ole United States. Did they ever teach you in school that the Federal Reserve is not actually run by the United States Government? I had a hard time believing much of this at first but it seems to be true. We don't actually print our own money but there is a private company, a World Bank of sorts that does this for us at a cost of course. 

In 1840 or thereabouts Andrew Jackson(A Populist Pioneer) decided to dissolve the Fed/Banks. Now President Jackson is a difficult President to wrap your head around. I say with no smirk or condoning of any kind that Andrew Jackson was undoubtedly one of the meanest SOBs towards the Native American that this country has ever seen. Oh many hated the Native Americans along with Jackson but he was in a position to wield that power and he came down hard on them. I inject that info here because for many, the sins of Jackson towards Natives and also Africans/African Americans(AJ was a slave owner and from stories a particularly cruel one) should not override his work vs the banks.

Being a open bigot does not and should not have anything to do with his ending of the banks in 1840. It might be the most incredible event ever or perhaps the most enlightening to date and yet it is brushed under the rug OR Jackson is treated like THIS(The Banks) were his Black Eye as President...LOL are you kidding? The way he treated fellow man was a black eye, the bank event was nothing short of hitting a grand slam. It took these outside entities almost 80 years to get control back. 

How important an issue is it that we print or not print our own money? Abe Lincoln tried to get us on Silverbacks...Kennedy would try something similar(we know how both of those stories end)...I'm just telling facts, you can opt to connect or not connect the dots and in many ways I hope I am wrong at the end of this thread but I have seen enough and know too much to play dumb any more. 

Shouldn't we be concerned that we are not in actual control of our money? If you have differing views or can point me towards the light I would greatly appreciate it. I have a slew of conspiracy theories running around in this crazy head of mine and I understand if you label me a whole bunch of terribleness, I deserve it. But I also hope we can discuss and you won't just put your fingers in your ears and go "La La La" because I have done the same thing for a long time and I feel like I need to start asking if anyone else has either found similar things or just was curious why it seems like a private world bank of elitists are controlling everything.

I also want to just say that it's very very difficult to forget or put aside things we were taught as kids, it's taking me the better part of my life until now to realize not everything mommy and daddy taught was good. In fact very little they told me about the world and man in general has held true. I shouldn't speak ill of my deceased folks but GD they lied to me or just didn't know any better. 

Why do they call it the Federal Reserve and give out a public perception like Obama and company are overseeing it all when in fact they have little to nothing to do with it? The United States government is not the Federal Reserve, that is what I am putting forth and you can prove it or disprove but if you can't discuss the idea or possibility of the United States not being as free a place as you are socially engineered to think, this might not be your cup of tea and I'll understand the one liners. 

-Cheers! 

 
Last edited by a moderator:
Here it is in a nutshell for those that have never stopped to examine this. 

There is nothing Federal about the Federal Reserve and there are no RESERVES!!!

Therefore the Federal Reserve Act of 1913 and even before it was passed, the name was put together in order to deceive people! It was put forth and named to make people think it operates in the public's best interest and it absolutely DOES NOT do those things or operate in such a way. 

Your thoughts?

 
It was listed in the phone book in the White Pages alongside other private companies like Federal Express...gov't run shops were always listed in blue in those books. 

 
"MOP, you're frackin nuts, why should we believe you?" 

I wouldn't so let me allow some others who were deemed a lot smarter than I who had things to say along the way...let's look at Charles A. Lindberg (R-MN) and father of the great pilot said...

"The Financial System has been turned over to the Federal Reserve Board. That board administers the finance system where by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money."

He is one of just a couple voices from Congress over the last 100 years speaking out. Most in Congress don't even understand the system and those that do tend to fear speaking out much. Let's face it, they passed the Act in 1913, it wouldn't be good to admit they were wrong and sold this country down the river. 

 
They sent in OPM, Lambskin, and eoMMan to try and talk me down...

I remember when I found out about the Tooth Fairy...then Hoppy...then the old man in the Red Suit...really we're socially engineered at a young age to accept lies from people of authority... 

 
The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years. A member who serves a full term may not be reappointed. A member who completes an unexpired portion of a term may be reappointed. All terms end on their statutory date regardless of the date on which the member is sworn into office.

 
wdcrob said:
The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years. A member who serves a full term may not be reappointed. A member who completes an unexpired portion of a term may be reappointed. All terms end on their statutory date regardless of the date on which the member is sworn into office.
Click to expand...
Cool

-It's still a private bank and run for private profit so I'm not sure how much of this is real and what is there for show so folks like myself stop asking questions. Should the United States Senate be spending tax dollars running a private company?

It kind of doesn't add up is all I'm saying. 

Sure they allow the gov't to appoint people to make it look like a government run entity...it isn't.

And get this...if the Fed decides to print money they can send it to any Central Bank they want in the World and Congress has absolutely ZERO authority to inquire about where the money went at taxpayers expense. 

 
Last edited by a moderator:
So long as they keep the printing press going fast enough to keep us from anarchy but not cause a inflation panic I'm good.

 
The Federal Reserve is both public and private and neither private nor public. It's a weird description, but once you understand the motivation behind it, it makes sense.

There were essentially two thoughts about money that were both true. 1) Monetary policy is too important to be left to the private sector. And 2) Monetary policy is too important to be left to the government. The Federal Reserve was then created on both these premises. It is neither private nor public. It accomplished that by being both. 

The 12 reserve banks are all privately owned. They send 5 of the 12 bank presidents to sit on the the Federal Reserve Open Market Committee.

The government appoints 7 Federal Reserve Governors. All of them sit on the Federal Reserve Open Market Committee. 

Thus the decisions made by the Federal Reserve Open Market Committee are neither government decisions, nor private decisions. They're both.

But yes, if you look only at the 12 Federal Reserve banks themselves, they are all privately owned. And when they issue money it is issued privately and typically exchanged for government debt as the preferred method for increasing (and decreasing) the money supply. Essentially if the government paid off the national debt, our money supply would be extinguished. This is why no politician could ever succeed in office with a plan of paying down the debt. To do so would pull money out of the money supply. 

It is funny though that despite the money being issued privately, they are printed by a US agency, so it does look like it is publically issued money. The reality is the private portion of the Federal Reserve system uses the government printing agency like Kinkos. It's not issued by the government any more than anything printed by Kinko's is issued by Kinkos.  

 
Ministry of Pain said:
Greetings Simpletons, 

It has been brought to my attention more recently in the last couple years just how little control we seem to have on our money and economy at times here in the good ole United States. Did they ever teach you in school that the Federal Reserve is not actually run by the United States Government? I had a hard time believing much of this at first but it seems to be true. We don't actually print our own money but there is a private company, a World Bank of sorts that does this for us at a cost of course. 

In 1840 or thereabouts Andrew Jackson(A Populist Pioneer) decided to dissolve the Fed/Banks. Now President Jackson is a difficult President to wrap your head around. I say with no smirk or condoning of any kind that Andrew Jackson was undoubtedly one of the meanest SOBs towards the Native American that this country has ever seen. Oh many hated the Native Americans along with Jackson but he was in a position to wield that power and he came down hard on them. I inject that info here because for many, the sins of Jackson towards Natives and also Africans/African Americans(AJ was a slave owner and from stories a particularly cruel one) should not override his work vs the banks.

Being a open bigot does not and should not have anything to do with his ending of the banks in 1840. It might be the most incredible event ever or perhaps the most enlightening to date and yet it is brushed under the rug OR Jackson is treated like THIS(The Banks) were his Black Eye as President...LOL are you kidding? The way he treated fellow man was a black eye, the bank event was nothing short of hitting a grand slam. It took these outside entities almost 80 years to get control back. 

How important an issue is it that we print or not print our own money? Abe Lincoln tried to get us on Silverbacks...Kennedy would try something similar(we know how both of those stories end)...I'm just telling facts, you can opt to connect or not connect the dots and in many ways I hope I am wrong at the end of this thread but I have seen enough and know too much to play dumb any more. 

Shouldn't we be concerned that we are not in actual control of our money? If you have differing views or can point me towards the light I would greatly appreciate it. I have a slew of conspiracy theories running around in this crazy head of mine and I understand if you label me a whole bunch of terribleness, I deserve it. But I also hope we can discuss and you won't just put your fingers in your ears and go "La La La" because I have done the same thing for a long time and I feel like I need to start asking if anyone else has either found similar things or just was curious why it seems like a private world bank of elitists are controlling everything.

I also want to just say that it's very very difficult to forget or put aside things we were taught as kids, it's taking me the better part of my life until now to realize not everything mommy and daddy taught was good. In fact very little they told me about the world and man in general has held true. I shouldn't speak ill of my deceased folks but GD they lied to me or just didn't know any better. 

Why do they call it the Federal Reserve and give out a public perception like Obama and company are overseeing it all when in fact they have little to nothing to do with it? The United States government is not the Federal Reserve, that is what I am putting forth and you can prove it or disprove but if you can't discuss the idea or possibility of the United States not being as free a place as you are socially engineered to think, this might not be your cup of tea and I'll understand the one liners. 

-Cheers! 
Click to expand...
That can't be right. 

 
Politician Spock said:
The Federal Reserve is both public and private and neither private nor public. It's a weird description, but once you understand the motivation behind it, it makes sense.

There were essentially two thoughts about money that were both true. 1) Monetary policy is too important to be left to the private sector. And 2) Monetary policy is too important to be left to the government. The Federal Reserve was then created on both these premises. It is neither private nor public. It accomplished that by being both. 

The 12 reserve banks are all privately owned. They send 5 of the 12 bank presidents to sit on the the Federal Reserve Open Market Committee.

The government appoints 7 Federal Reserve Governors. All of them sit on the Federal Reserve Open Market Committee. 

Thus the decisions made by the Federal Reserve Open Market Committee are neither government decisions, nor private decisions. They're both.

But yes, if you look only at the 12 Federal Reserve banks themselves, they are all privately owned. And when they issue money it is issued privately and typically exchanged for government debt as the preferred method for increasing (and decreasing) the money supply. Essentially if the government paid off the national debt, our money supply would be extinguished. This is why no politician could ever succeed in office with a plan of paying down the debt. To do so would pull money out of the money supply. 

It is funny though that despite the money being issued privately, they are printed by a US agency, so it does look like it is publically issued money. The reality is the private portion of the Federal Reserve system uses the government printing agency like Kinkos. It's not issued by the government any more than anything printed by Kinko's is issued by Kinkos.  
Click to expand...
Sounds like an elaborate puppet show to make us think the government is running and controlling our money when it really isn't.

 
Ministry of Pain said:
Sounds like an elaborate puppet show to make us think the government is running and controlling our money when it really isn't.
Click to expand...
That description is not unwarranted. It was intentional to make people trust the system. 

Really I don't have a problem with how it is setup. What they created in 1913 isn't actually a bad design.

The problem is that it's not designed to accomplish the function that it does today. What happened in 1944 (Bretton Woods) and in 1971 (Nixon Shock) is resulted in a good tool being used for the wrong purpose. Yet we don't experience any negatives of this problem until the problem bursts. In fact, right up until the bursting we experience a lot of benefit. It's a big reason why other countries can't compete with the US. Which is also the reason why it will eventually burst. 

 
St. Louis Bob said:
That can't be right. 
Click to expand...
SLB, I'm right there with you but your post says that basically you don't know the answer but this crazy idea can't possibly be right...OK, I'm all ears. 

Don't tell me about 7 sitting governors all appointed by the Senate and House as a basic prop up. The fact is this is a private company...The Federal Reserve!!! The company on the money, the company that is socially engineered and drilled into our kids heads and ours since birth that the Feds are our friends.

How many times did you all here the Santa Clause story before you figured out it was true? Most of us passed that cup at least the first time and said NO WAY!!! but then we start using our brains and we weigh the logic of the whole situation and event and suddenly it starts to make a little sense and then we accept that Mommy and Daddy like to get drunk and act like characters in a book once a year and leave gifts and candy for their kids in an elaborate way to make the world seem like a magical place...think Disney kids!

 
I'm going to assume this whole thing is just a joke.

As a banker, I'd gladly provide you more information on what the Federal Reserve does for banks if you are really interested.

 
You must log in or register to reply here.

Similar threads

Ministry of Pain
  • Locked
I would like to pray for America and all its citizens
Replies
4
Views
2K
Joe Bryant
Joe Bryant
Dezbelief
US Healthcare Stinks Thread II
2
Replies
90
Views
3K
matttyl
matttyl
Joe Bryant
  • Poll Poll
Kids At Breweries - Yes or No?
2
Replies
86
Views
2K
bagger
bagger

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Back
Top