do you know what the federal reserve is?

[SK in CV]

[quote=investor]Good questions. The fed has never been audited. We don’t know who owns the shares. [/quote]

I’m not sure why you think an audit would necessarily reveal ownership. For publicly traded companies, the only required disclosure is for 5% or more ownership. From my previous life as a CPA, my recollection is that disclosure of ownership is not necessarily required unless it is material to the ongoing business of the entity.

What we do know from other disclosures, is that all federally chartered banks have investments in the fed, and through the fed’s website (and in some cases from individual stockholder banks financial disclosures) that ownership (and investment) is based on the capital of those individual banks and pays a fixed rate of return.

[aldante]

Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.

[aldante]

Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.

[aldante]

Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.

[aldante]

Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.

[aldante]

Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.

[Allan from Fallbrook]

[quote=aldante]Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.[/quote]

Wow. Well, I’m sure Investor appreciates the validation and from such a lucid and coherent source.

I can’t speak for SK, but I don’t think I was opining that everyone needed to “grow up”, I simply said to do more research and not write this off to some sinister cabal slinking around in druid costumes, stealing everyone’s money whilst sacrificing goats.

I liked the Ollie North bon mot, by the way. Why not throw in Area 51 and Roswell, too?

Speaking of throwing in: I’d also recommend throwing in a little more Hawaiian Punch when you drink that much Boone’s Farm; it helps slow down the effects.

[Allan from Fallbrook]

[quote=aldante]Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.[/quote]

Wow. Well, I’m sure Investor appreciates the validation and from such a lucid and coherent source.

I can’t speak for SK, but I don’t think I was opining that everyone needed to “grow up”, I simply said to do more research and not write this off to some sinister cabal slinking around in druid costumes, stealing everyone’s money whilst sacrificing goats.

I liked the Ollie North bon mot, by the way. Why not throw in Area 51 and Roswell, too?

Speaking of throwing in: I’d also recommend throwing in a little more Hawaiian Punch when you drink that much Boone’s Farm; it helps slow down the effects.

[Allan from Fallbrook]

[quote=aldante]Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.[/quote]

Wow. Well, I’m sure Investor appreciates the validation and from such a lucid and coherent source.

I can’t speak for SK, but I don’t think I was opining that everyone needed to “grow up”, I simply said to do more research and not write this off to some sinister cabal slinking around in druid costumes, stealing everyone’s money whilst sacrificing goats.

I liked the Ollie North bon mot, by the way. Why not throw in Area 51 and Roswell, too?

Speaking of throwing in: I’d also recommend throwing in a little more Hawaiian Punch when you drink that much Boone’s Farm; it helps slow down the effects.

[Allan from Fallbrook]

[quote=aldante]Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.[/quote]

Wow. Well, I’m sure Investor appreciates the validation and from such a lucid and coherent source.

I can’t speak for SK, but I don’t think I was opining that everyone needed to “grow up”, I simply said to do more research and not write this off to some sinister cabal slinking around in druid costumes, stealing everyone’s money whilst sacrificing goats.

I liked the Ollie North bon mot, by the way. Why not throw in Area 51 and Roswell, too?

Speaking of throwing in: I’d also recommend throwing in a little more Hawaiian Punch when you drink that much Boone’s Farm; it helps slow down the effects.

[Allan from Fallbrook]

[quote=aldante]Davelj,

Wow so simple………….The 12 regional Federal Reserve Banks that comprise the Federal Reserve System are “owned” by their respective member banks – that is, a bank has to own stock in its regional Federal Reserve Bank to be a “member bank.” And the System is an independent, non-profit entity operating within the government.

got it that explains everything…..wait a second….mmmmm does this have something to do with why those rich bankers and investment bankers make billions and the dry cleaner went bankrupt?

Oh that’s right Allen and Sv will probably say”….grow up that the way things are…live with it” . Since you guys have such a firm grasp…..f***it…let me bend over and have some bernanke.

By the way it’s not a conspiracy if it is in your face. Remember when you were a commie if you didn’t take Ollie Norths side? Guess what that was a conspiracy that involved hundreds.

Why don’t we all get our facts right then have a real debate. Oh that’s right there are no facts. Any substantive question put to the Fed Chairman is repeatedly not answered.

Bottom line, I will give Investor the benefit of the doubt on this one.[/quote]

Wow. Well, I’m sure Investor appreciates the validation and from such a lucid and coherent source.

I can’t speak for SK, but I don’t think I was opining that everyone needed to “grow up”, I simply said to do more research and not write this off to some sinister cabal slinking around in druid costumes, stealing everyone’s money whilst sacrificing goats.

I liked the Ollie North bon mot, by the way. Why not throw in Area 51 and Roswell, too?

Speaking of throwing in: I’d also recommend throwing in a little more Hawaiian Punch when you drink that much Boone’s Farm; it helps slow down the effects.

[aldante]

I don’t understand. Are you saying that Iran/Contra was not a conspiracy?

Here is a couple of definitions I think apply:

a secret agreement between two or more people to perform an unlawful act
a plot to carry out some harmful or illegal act (especially a political plot)

Am I missing something? Or is it my punch?

[aldante]

I don’t understand. Are you saying that Iran/Contra was not a conspiracy?

Here is a couple of definitions I think apply:

a secret agreement between two or more people to perform an unlawful act
a plot to carry out some harmful or illegal act (especially a political plot)

Am I missing something? Or is it my punch?

[aldante]

I don’t understand. Are you saying that Iran/Contra was not a conspiracy?

Here is a couple of definitions I think apply:

a secret agreement between two or more people to perform an unlawful act
a plot to carry out some harmful or illegal act (especially a political plot)

Am I missing something? Or is it my punch?

[aldante]

I don’t understand. Are you saying that Iran/Contra was not a conspiracy?

Here is a couple of definitions I think apply:

a secret agreement between two or more people to perform an unlawful act
a plot to carry out some harmful or illegal act (especially a political plot)

Am I missing something? Or is it my punch?

[Author]

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