[SK in CV]

[quote=investor]
The loss of interest paid to the US govenment on loans to other governments is a large loss to the american tax payer as well as instead of making interest on loaning our money, we wind up paying the federal reserve to loan out our own money! As riduculous as this sounds, that is the reality of what is happening.
[/quote]

I have no idea what you mean by this. If interest is paid to the US government, then the US government gets it. Are you aware of loans the fed has made to foreign governments directly? (I’m not, they may exist. I’ve just never seen them disclosed. The feds annual financial disclosures do not identify any.) Additionally, the fed is self funding and any net profit that the fed has, over and above it’s statutory dividends (previously noted above), are paid directly to the US government, so there is no “profit” being lost to a private company.

[SK in CV]

[quote=investor]
The loss of interest paid to the US govenment on loans to other governments is a large loss to the american tax payer as well as instead of making interest on loaning our money, we wind up paying the federal reserve to loan out our own money! As riduculous as this sounds, that is the reality of what is happening.
[/quote]

I have no idea what you mean by this. If interest is paid to the US government, then the US government gets it. Are you aware of loans the fed has made to foreign governments directly? (I’m not, they may exist. I’ve just never seen them disclosed. The feds annual financial disclosures do not identify any.) Additionally, the fed is self funding and any net profit that the fed has, over and above it’s statutory dividends (previously noted above), are paid directly to the US government, so there is no “profit” being lost to a private company.

[SK in CV]

[quote=investor]
The loss of interest paid to the US govenment on loans to other governments is a large loss to the american tax payer as well as instead of making interest on loaning our money, we wind up paying the federal reserve to loan out our own money! As riduculous as this sounds, that is the reality of what is happening.
[/quote]

I have no idea what you mean by this. If interest is paid to the US government, then the US government gets it. Are you aware of loans the fed has made to foreign governments directly? (I’m not, they may exist. I’ve just never seen them disclosed. The feds annual financial disclosures do not identify any.) Additionally, the fed is self funding and any net profit that the fed has, over and above it’s statutory dividends (previously noted above), are paid directly to the US government, so there is no “profit” being lost to a private company.

[SK in CV]

[quote=investor]
The loss of interest paid to the US govenment on loans to other governments is a large loss to the american tax payer as well as instead of making interest on loaning our money, we wind up paying the federal reserve to loan out our own money! As riduculous as this sounds, that is the reality of what is happening.
[/quote]

I have no idea what you mean by this. If interest is paid to the US government, then the US government gets it. Are you aware of loans the fed has made to foreign governments directly? (I’m not, they may exist. I’ve just never seen them disclosed. The feds annual financial disclosures do not identify any.) Additionally, the fed is self funding and any net profit that the fed has, over and above it’s statutory dividends (previously noted above), are paid directly to the US government, so there is no “profit” being lost to a private company.

[SK in CV]

[quote=poorgradstudent]Wasn’t Obama supposed to pull us out of Iraq? That would save us a lot of $$$$.

[/quote]

Combat forces are scheduled to be out by Aug. 31 this year. Depending on the violence and relative stability, that date could be delayed. But unless there has been recent news that I’ve missed, that agreement, at the insistence of the Iraqi government, is still in place. 50,000 noncombat troops will remain. Most, if not all of withdrawn troops are expected to be redeployed in Afghanistan.

[SK in CV]

[quote=poorgradstudent]Wasn’t Obama supposed to pull us out of Iraq? That would save us a lot of $$$$.

[/quote]

Combat forces are scheduled to be out by Aug. 31 this year. Depending on the violence and relative stability, that date could be delayed. But unless there has been recent news that I’ve missed, that agreement, at the insistence of the Iraqi government, is still in place. 50,000 noncombat troops will remain. Most, if not all of withdrawn troops are expected to be redeployed in Afghanistan.

[SK in CV]

[quote=poorgradstudent]Wasn’t Obama supposed to pull us out of Iraq? That would save us a lot of $$$$.

[/quote]

Combat forces are scheduled to be out by Aug. 31 this year. Depending on the violence and relative stability, that date could be delayed. But unless there has been recent news that I’ve missed, that agreement, at the insistence of the Iraqi government, is still in place. 50,000 noncombat troops will remain. Most, if not all of withdrawn troops are expected to be redeployed in Afghanistan.

[SK in CV]

[quote=poorgradstudent]Wasn’t Obama supposed to pull us out of Iraq? That would save us a lot of $$$$.

[/quote]

Combat forces are scheduled to be out by Aug. 31 this year. Depending on the violence and relative stability, that date could be delayed. But unless there has been recent news that I’ve missed, that agreement, at the insistence of the Iraqi government, is still in place. 50,000 noncombat troops will remain. Most, if not all of withdrawn troops are expected to be redeployed in Afghanistan.

[SK in CV]

[quote=poorgradstudent]Wasn’t Obama supposed to pull us out of Iraq? That would save us a lot of $$$$.

[/quote]

Combat forces are scheduled to be out by Aug. 31 this year. Depending on the violence and relative stability, that date could be delayed. But unless there has been recent news that I’ve missed, that agreement, at the insistence of the Iraqi government, is still in place. 50,000 noncombat troops will remain. Most, if not all of withdrawn troops are expected to be redeployed in Afghanistan.

[SK in CV]

[quote=jpinpb]
Regardless of who “owns” the Fed, what can we do? How can we safeguard ourselves?[/quote]

That’s really the important question. Conspiracy theories about nefarious motives and self dealing, may have a grain of truth. Because guess what? Banks are in business to make money! Sometimes they actually meet and make plans for how they’re going to do that. And surprise! They don’t invite us to those meetings!

But the fed is a little different. Above I gave a brief description of their congressional charge. It’s pretty simple. Prevent panic. Keep the dollar stable. Provide and ensure liquidity in the market.

Sometimes they’ve done a good job of that. Sometimes they’ve sucked. But almost invariably when the fed’s decisions in hindsight suck, there are dozens of outside economists that agree with their actions. Managing a money supply is not an easy task.

Particularly over the last 6 years, they’ve sucked. Their failure was a key ingredient in both the bubble and its bursting. (I don’t think they had much responsibility with the CDS problems) Congress can, and should fix it. It is their responsibility.

[SK in CV]

[quote=jpinpb]
Regardless of who “owns” the Fed, what can we do? How can we safeguard ourselves?[/quote]

That’s really the important question. Conspiracy theories about nefarious motives and self dealing, may have a grain of truth. Because guess what? Banks are in business to make money! Sometimes they actually meet and make plans for how they’re going to do that. And surprise! They don’t invite us to those meetings!

But the fed is a little different. Above I gave a brief description of their congressional charge. It’s pretty simple. Prevent panic. Keep the dollar stable. Provide and ensure liquidity in the market.

Sometimes they’ve done a good job of that. Sometimes they’ve sucked. But almost invariably when the fed’s decisions in hindsight suck, there are dozens of outside economists that agree with their actions. Managing a money supply is not an easy task.

Particularly over the last 6 years, they’ve sucked. Their failure was a key ingredient in both the bubble and its bursting. (I don’t think they had much responsibility with the CDS problems) Congress can, and should fix it. It is their responsibility.

[SK in CV]

[quote=jpinpb]
Regardless of who “owns” the Fed, what can we do? How can we safeguard ourselves?[/quote]

That’s really the important question. Conspiracy theories about nefarious motives and self dealing, may have a grain of truth. Because guess what? Banks are in business to make money! Sometimes they actually meet and make plans for how they’re going to do that. And surprise! They don’t invite us to those meetings!

But the fed is a little different. Above I gave a brief description of their congressional charge. It’s pretty simple. Prevent panic. Keep the dollar stable. Provide and ensure liquidity in the market.

Sometimes they’ve done a good job of that. Sometimes they’ve sucked. But almost invariably when the fed’s decisions in hindsight suck, there are dozens of outside economists that agree with their actions. Managing a money supply is not an easy task.

Particularly over the last 6 years, they’ve sucked. Their failure was a key ingredient in both the bubble and its bursting. (I don’t think they had much responsibility with the CDS problems) Congress can, and should fix it. It is their responsibility.

[SK in CV]

[quote=jpinpb]
Regardless of who “owns” the Fed, what can we do? How can we safeguard ourselves?[/quote]

That’s really the important question. Conspiracy theories about nefarious motives and self dealing, may have a grain of truth. Because guess what? Banks are in business to make money! Sometimes they actually meet and make plans for how they’re going to do that. And surprise! They don’t invite us to those meetings!

But the fed is a little different. Above I gave a brief description of their congressional charge. It’s pretty simple. Prevent panic. Keep the dollar stable. Provide and ensure liquidity in the market.

Sometimes they’ve done a good job of that. Sometimes they’ve sucked. But almost invariably when the fed’s decisions in hindsight suck, there are dozens of outside economists that agree with their actions. Managing a money supply is not an easy task.

Particularly over the last 6 years, they’ve sucked. Their failure was a key ingredient in both the bubble and its bursting. (I don’t think they had much responsibility with the CDS problems) Congress can, and should fix it. It is their responsibility.

[SK in CV]

[quote=jpinpb]
Regardless of who “owns” the Fed, what can we do? How can we safeguard ourselves?[/quote]

That’s really the important question. Conspiracy theories about nefarious motives and self dealing, may have a grain of truth. Because guess what? Banks are in business to make money! Sometimes they actually meet and make plans for how they’re going to do that. And surprise! They don’t invite us to those meetings!

But the fed is a little different. Above I gave a brief description of their congressional charge. It’s pretty simple. Prevent panic. Keep the dollar stable. Provide and ensure liquidity in the market.

Sometimes they’ve done a good job of that. Sometimes they’ve sucked. But almost invariably when the fed’s decisions in hindsight suck, there are dozens of outside economists that agree with their actions. Managing a money supply is not an easy task.

Particularly over the last 6 years, they’ve sucked. Their failure was a key ingredient in both the bubble and its bursting. (I don’t think they had much responsibility with the CDS problems) Congress can, and should fix it. It is their responsibility.

[SK in CV]

[quote=investor]
The creature book says that the central banks desire to control the whole worlds money supply so it can make even more money off of us. This is the motive behind bankrupting the US dollar, which is the main currency stopping a one world money. Spend it untill no-one wants it and it becomes worthless. That does sound like a conspiracy theory but one that I find hard to poke holes in. I hope that this one example helps. There are many more ways that the US dollar finds its way out of the fed and into other countries. Read this book as well as others.[/quote]

Lets see. US banks, that hold the vast majority of their investments in US dollars, are trying to intentionally bankrupt the US, in order to make the dollar worthless.

Wow, no holes in that theory i can spot. Maybe someone else can spot a flaw.

(Might want to spend a few hours researching the CFR and Bilderberg Group too. Those are also parties you aren’t invited to.)

[Author]

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