[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.)

[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.)

[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.)

[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.)

[SK in CV]

[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]

I don’t agree with Allan on much politically, but on this we do agree. I’m quite sure I didn’t say (nor do I believe) that we should “live with it”. I’m all in favor of the fed being audited regularly, and substantially more oversight than currently exists. The fed was created by congress, under it’s power of appointment granted in Section 1 of the constitution. It can just as easily amend the mechanism under which it was created.

The problem is not ownership. The problem is it’s lack of transparency in operation.

[SK in CV]

[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]

I don’t agree with Allan on much politically, but on this we do agree. I’m quite sure I didn’t say (nor do I believe) that we should “live with it”. I’m all in favor of the fed being audited regularly, and substantially more oversight than currently exists. The fed was created by congress, under it’s power of appointment granted in Section 1 of the constitution. It can just as easily amend the mechanism under which it was created.

The problem is not ownership. The problem is it’s lack of transparency in operation.

[SK in CV]

[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]

I don’t agree with Allan on much politically, but on this we do agree. I’m quite sure I didn’t say (nor do I believe) that we should “live with it”. I’m all in favor of the fed being audited regularly, and substantially more oversight than currently exists. The fed was created by congress, under it’s power of appointment granted in Section 1 of the constitution. It can just as easily amend the mechanism under which it was created.

The problem is not ownership. The problem is it’s lack of transparency in operation.

[SK in CV]

[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]

I don’t agree with Allan on much politically, but on this we do agree. I’m quite sure I didn’t say (nor do I believe) that we should “live with it”. I’m all in favor of the fed being audited regularly, and substantially more oversight than currently exists. The fed was created by congress, under it’s power of appointment granted in Section 1 of the constitution. It can just as easily amend the mechanism under which it was created.

The problem is not ownership. The problem is it’s lack of transparency in operation.

[SK in CV]

[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]

I don’t agree with Allan on much politically, but on this we do agree. I’m quite sure I didn’t say (nor do I believe) that we should “live with it”. I’m all in favor of the fed being audited regularly, and substantially more oversight than currently exists. The fed was created by congress, under it’s power of appointment granted in Section 1 of the constitution. It can just as easily amend the mechanism under which it was created.

The problem is not ownership. The problem is it’s lack of transparency in operation.

[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.

[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.

[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.

[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.

[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.

[SK in CV]

Investor, is it your assertion that those same families, the Warburgs, the Rockefellers and the Rothchilds still have significant ownership and control of the Fed? What about the ownership interests of the roughly 3,000 other federally chartered banks and state banks which also have interests? What about the current 5 member board of governors, 4 of which were appointed by President Bush and approved by congress? What about the Open Market Committee, made up of those same members along with reps from the 12 regional banks? Do they not exercise autority independently of those claimed founding members?

Unless you believe that current control and ownership of those entities is significantly different from their public pronouncements, who promoted the formation of the fed is incidental.

As an aside, I don’t see where you pointed out how our money system works, only that the fed has a nefarious history.

[Author]

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