The "Federal Reserve" - a PRIVATE corporation !!!

[RiverFlows]

Originally Posted by Matthew Shea

Trollish? Really?

Is this a banking forum?

Is this a government or political discussion forum?

Is this a business forum?

Well, the name of this forum is "Business & Financial".

If you think the "FED" has nothing to do with either business or finance, fair enough, Mr. Troll.

Originally Posted by Matthew Shea

..., yet the OP made absolutely no attempt to link this supposed conspiracy that the government is foisting on us to how we're supposed to become better as humans.

For me, becoming better as a human being means, among many other things of course, realizing when I'm being ripped off and trying to do something about it.

I really envy you for your blissful state of ignorance. Life is a lot easier with less to worry about, huh?

Originally Posted by Matthew Shea

... and is trying (successfully) to elicit an emotional response.

Well, I'm kind of getting rather emotional indeed when someone thinks I'm a walking money bag to be emptied ...

But luckily for the "FED" and their ilk there are people like you who don't seem to care.

[Steve]

It sure has been a rough 94 years for the United States since the Federal Reserve was established, huh?

[RiverFlows]

Originally Posted by Steve

It sure has been a rough 94 years for the United States since the Federal Reserve was established, huh?

Could have been so much better ...

Seriously, though, do you think that the current system, where so many people are stuck in dead end jobs, running in their hamster wheels just to make ends meet, is NOT rough ?? And don't forget the crash of 1929, which brought untold misery upon America. One of the arguments the "FED" used to dupe Congress and the public into accepting it was that it would prevent such crashes. Well, they failed miserably !

I do believe (and of course I might be wrong here) that we all would only have to work 3 or 4 hours a day max and still live in a state of unimaginable abundance if it wasn't for some greedy bankers who get richer by the second doing NOTHING to contribute to the well-being of society, and yet they NEVER seem to be getting enough.

Never forget: money does NOT work !!! (have you ever seen a dollar bill digging a trench ? ) Only people or machines built by people do work !

With all those machines around, why is it that people still have to work as many (or even more) hours as people a couple of decades ago?

Well, the "FED" certainly sees to it that they get "their share" of society's wealth.

Sure that is what you want ?

[Matthew Shea]

Thank you for your response, RiverFlows. While I still disagree with you and don't buy into your conspiracy theory, I am satisfied that you're trying to help people. I take back my trolling accusation, but otherwise stand by my original comments. The original post should have been better explained. The way it was worded was accusatory and inflammatory, which is not really helping anything. If you think there's a conspiracy and you're getting ripped off, fine, but let's approach the problem with the intent of fixing it, not by gathering crowds and chanting "Down with the Fed!"

[John Wesley]

Steve,

In the past 94 years, while the U.S. as a whole has been remarkably prosperous, the wages and wealth of the average worker have continued to decline. Most of the profits resulting from this growth are going into the pockets of the economic elite i.e. the shareholders of the Federal Reserve Corporation.

This trend is only getting worse. The Fed also makes money off the war in Iraq. This is how: It lends the U.S. government the money for the war by printing new currency. This money comes from thin air. When the use government pays back the Fed with interest it uses the tax money of hard working Americans that is based in real value. So the Fed creates money out of thin air, and gets real money back in exchange. In my opinion this is a bit twisted. The American people lose because by printing new money, the value of their hard earned money is diluted.

But don't take my word for it. I learned much of this by reading this speech: Abolish the Federal Reserve by U.S. Congressman Ron Paul.

[Still Growing]

Originally Posted by Brutha

Being European myself, I wouldn't think that anyone I know who isn't very well educated in conspiracy theories has ever heard of the "Bildaberg Group".

If it would be reported in any media, those newspapers would have a few of their articles on the first google site. But their are only conspiracy sites, youtube vidoes and some myspace groups on the first google page.

When you quote you should give your sources. Quotes without sources are worthless.

Brutha,
I don't believe all of the conspiracies that I hear about Bildaberg but that does not mean that they do not meet. All 12 members of the Federal Reserve are members of this group and they do meet. These 12 members aren't your local Bank of America. They are private banks owned primarily by foreign families.

The banks are: Rothschild Bank of London ;Warburg Bank of Hamburg 'Rothschild Bank of Berlin ;Lehman Brothers of New York ;Lazard Brothers of Paris ;Kuhn Loeb Bank of New York ;Israel Moses Seif Banks of Italy ;Goldman, Sachs of New York ;Warburg Bank of Amsterdam ;Chase Manhattan Bank of New York

If every person in America knew that when we printed money that interest was being paid to these 12 companies and that most of the shares of these companies were held by powerful families that have handed down the shares from the time it was created over 90 years ago do you not think that some conspiracy would creep into this? I mean c'mon, how blind can we be?

American companies such as Coke and Pepsi cannot get together and set pricing legally so how can these 12 families bring in so much money even when the US prints money? Shouldn't public banks owned by the people be in charge of this? Shouldn't the US be able to print money without having to pay interest to 12 families that date back to the start of this Fed Reserve?

You want to call this conspiracy then go right ahead. If only the facts we agree on are true we have a major problem here.

How do they even get away with it? If 10 computer companies got together and determined computer prices and then they started buying up the media and nobody ever reported that these 10 computer companies met in private we'd definitely have an Anti Trust lawsuit formed. Only the Federal Reserve is above the law.

You stated that quotes without references are worthless so here are the references:

FORD QUOTE: H.G. Wells, in The Shape of Things to Come, Published in 1933
JFK QUOTE: Refer to June 4, 1963, Presidential decree, Executive Order 11110
LINCOLN QUOTE: "The Federal Reserve Bank", by H.S. Kenan, published by The Noontide Press. You may also refer to the public record of bills passed in congress.
JACKSON QUOTE: "Bulletin", February 1989 & November 1991 issues, P.O. Box 986, Ft. Collins, CO 80522
WOODROW WILSON'S QUOTE: "Repeal the Federal Reserve Banks" by Rev. Casimir Frank Gierut, page 31

Both you and Baltar did not really state much counter argument to my points. You simply made snide comments and called them "worthless". Well I back up my quotes.

This thread happens to be about the "Federal Reserve" and about it being privately held. Do you have a position on this matter? Do you think that it should remain private or that it should be owned by the goverment or by public banks. You have to be born in the US to be President but you don't to own our currency??

Steve's position is that since things have been good we should not complain. Things are good and Enron happened. Should we not prosecute any bilking of the consumer?

Brutha and Baltar, Lets hear your opinion on the "Federal Reserve" and how you think its a good thing? I'll respect your opinion and won't call them worthless. And I will see what I can learn from your constructive points about the subject. You say you're European but you question my quotes about US Presidents. What drove you to become so interested in American history and make you such an expert that you can refute my quotes as being inaccurate?

I hope someone will commend me for backing up my quotes and calling you both out as cynics who insult others while adding nothing.

[rini17]

Hello,

To bring something constructive to this thread - in most European countries (and likely in USA too) is legal for local communities to create their own currency. The principles seem to be much more healthier than common currency in use today and I hope something like will scale into national level someday.

Local Exchange Trading Systems - Wikipedia, the free encyclopedia Or just google for LETS and choose whatever site you like.

[RiverFlows]

Originally Posted by Baltar

... that most people wouldn't readily believe that the government is out to screw them over. I certainly find it hard to believe myself.

However I am aware of all the disturbing things that have been happening since 9/11. Just the fact that they created the "Department of Homeland Security" is disturbing in itself.

Baltar, since you mentioned 9/11:

This is the best movie on the subject I've seen so far. If any of this is even remotely true, then the current government certainly is the most criminal and abominable we've EVER had. And let's not forget how this retard Bush first became president! It's hard NOT to believe in "conspiracy theories" here (voting machines!).

So much for governments screwing over their own people.

Here's the link:

9/11 Mysteries (Full Length, High Quality) - Google Video

[dgorila1]

The Federal Govt has created a strong grip on the sheeple over the last 100 years that continues to tighten. All the new agencies, "laws", and various other abuses of our freedoms since 9/11 are perfect examples. Originally, the federal govt was supposed to be limited in power and each individual state would have the main oversight of its citizens. Exactly the opposite is true now.
The IRS is a perfect example of unchecked abuse of power. No further info needed.
A simple way to improve the economy: eliminate the income tax and implement a flat use tax. Check out www.fairtax.org for more info.
Check out www.infowars.com too.

[Colin]

The director of the 'America: From Freedom To Fascism' movie that is linked in RiverFlows first post in this thread is Aaron Russo. He sent out an update today that a few of you might find interesting, especially given the Ron Paul links already in this thread.

He is what Aaron wrote:

Dear AFTF Lovers of Liberty and Patriots,

Good news travels fast!

You may have heard that the Honorable Congressman Ron Paul is exploring running for the Republican nomination in 2008.

Congressman Paul will be the only uncompromising defender of the Constitution in the race.

I can't tell you how grateful I felt, how full of heartfelt joy, and how much enthusiasm I felt when I heard the news of his Candidacy. I am 1000% behind him!

Ron Paul has stepped up to the plate because he knows what we all know: the noose is tightening, and there isn't much time if we hope to restore to Constitutional Government.

I called Ron yesterday to tell him I am on board to do ANYTHING it takes to support his campaign.

NOW is the time for the ENTIRE Freedom Movement, all Third Parties, ALL GOOD AMERICANS EVERYWHERE, from all political stripes and persuasions, to unite to overtake the weakened Republican Party. Stand firmly behind Ron Paul, and work to restore our Constitutional Republic.

Do not let partisan politics get in the way. No matter what your Party affiliation, we must support Ron Paul as the Candidate.

Everything in the movie, America: Freedom to Fascism IS Ron Paul.

In my conversation with Congressman Paul, I told him I'll make copies of America: Freedom to Fascism available for his campaign. We will spread them far and wide.

What better way to introduce him to the public than for him to talk to them in their own living rooms?! What better way to help awaken them to governmental intrusions into their private lives than to see it in their own homes?

Congressman Ron Paul is the man with the strength to stay the course until Enemies, Foreign and Domestic, are put in their rightful place!

There isn't a better man for the job. He has an impeccable voting record. He is "right on," on Freedom and Sovereignty issues.

In a time of universal deceit, Congressman Paul dares to commit the revolutionary act of telling the truth. How refreshing!

But now the work begins.

Ron Paul needs not just our "affirmative nod," he needs our time, energy, financial contributions, and willingness to see him win. He needs us to use our precious accrued "vacation time" to go to New Hampshire to knock on doors, pass out AFTF DVDs, to be as dedicated to helping him win as he is to running the Race. His campaign must be organized District by District.

The entire AFTF Network must focus on helping Ron Paul. You have already awakened a lot of Americans to the dangers we face.

NOW, help me, won't you, as I do everything within my means to promote the only HONEST, Constitutional American in the 2008 Presidential race.

With the right Candidate and a passionate grassroots effort, it is possible to take over a weakened Republican Party. I've told you many times of how we overtook the Republican Party in my Gubernatorial race in Nevada. I KNOW it can be done!

Well, HERE is that Candidate!

NOW IS THE TIME to join with me and support Ron Paul.

I've seen you at work. You can do this. WE can do this!

I Am Most Sincerely Yours in Freedom,


Aaron Russo


PS. Please be sure visit America: Freedom to Fascism and sign up as a volunteer to support this effort. Also, please share this video link concerning my comments about the 9/11 fraud - ie. YouTube - 9/11 Truth: Filmmaker Aaron Russo Says 9/11 Was A Fraud

PPS. In the past 2 1/2 months we have had over 1 million views of American: Freedom To Fascism on Google Video. The movie has received the highest possible rating of 5 Stars from the viewing audience. This is an incredible testement to the American public's appetite to learn about freedom. Please keep spreading the word of freedom by sending this email around the world. Here's the link to the movie on Google Video:

America Freedom to Fascism Authorized version - Google Video

[andrew]

I just watched this. If you haven't seen this, I urge you to watch it, regardless if you think you don't have time to.

[andrew]

Forgive the double post, but I have a question:

If your employer takes the income taxes out of your paycheck, how do not pay it? The form to fillout usually gives you money back, so I'm a bit confused.

[Baltar]

Originally Posted by andrew

If your employer takes the income taxes out of your paycheck, how do not pay it? The form to fillout usually gives you money back, so I'm a bit confused.

You can claim more exemptions than you're supposed to, although that may result in penalties down the road (the IRS probably won't be very happy even if you pay the rest later). Though from what I remember when I was an employee, even claiming a single exemption (which is done when you're single with no dependents) would result in not enough money being taken out of the paycheck. So I ended up claiming zero exemptions. In retrospect I now understand that it's better to pay the money at the end of the year than to have it taken from you right away. Even if they'll tax you on the interest you earn on it.

Another thing to keep in mind is that even if you're self employed you still have to make quarterly payments if your "expected" tax payment for the year is going to be more than $1,000 (this is the number I remember, actual number may be different now). And I believe businesses have to pay quarterly as well.