Topic: FED
djinn127iamme's photo
Fri 03/05/10 05:00 AM
Things will never get better in the U.S.A. untill we get rid of the Federal Reserve. I recommend Picking up a book about its history than reading the history of all our former presidents that tried to get the fed out of the United States and what happened to them, you might be surprised to learn what J.F.K did a couple of weeks before he was shot concerning the fed.

msharmony's photo
Fri 03/05/10 06:39 AM
From finweb.com

The Federal Reserve System was created by the United States Congress in 1913 in order to provide a safer, more flexible banking and monetary system. Over time, this original function evolved into the broader economic and financial objectives of facilitating the solidity and growth of the national economy, maintaining a high level of employment, ensuring stability in the purchasing power of the dollar, and maintaining reasonable balance in transactions with foreign countries.

As the nation’s central bank, the Federal Reserve (or Fed, as it’s commonly called) contributes to the realization of these objectives with its ability to influence money and credit in the economy. Although but one of many forces affecting interest rates and the economy as a whole, the Fed arguably wields the most significant influence on the nation’s financial pathway.

In addition to regulating the supply of reserves in its efforts to influence economic activity, the Fed, in close cooperation with the U.S. Treasury, also has the function of acting for the government in foreign exchange markets. The Fed watches international developments, such as interest rate changes abroad, in order to moderate their effects on the U.S. economy.

The Fed also shares supervisory and regulatory functions with other federal banking agencies. It supervises state-chartered banks that are members of the Federal Reserve System as well as all bank holding companies. The Fed also acts as the banker for the federal government, sets margin requirements for the purchase or carrying of equity securities, and establishes and enforces rules which protect consumers in financial operations. Still, the Fed’s most important function is its control over banking reserves.

,,,,those are alot of global and national responsibilities to be left unattended to...

cashu's photo
Fri 03/05/10 06:08 PM
the federal reserve can when run correctly can keep you working year around . The bigist problem has been the personalty of the federal reserve . after a while they start believing all the suck ups and they get a big head . but its one of the easist jobs in the country . all you have to do is control inflation ..

djinn127iamme's photo
Sat 03/06/10 04:30 AM
Actually the history of the fed goes back further than 1913. It started in 1791. It was called the first bank of the United States and was established with a Twenty year charter and was set up by the Rothchilds with the help of Alexander Hamilton.
In 1811 the charters renewal is revoked by congress. The war with the British happens America racks up a debt in the fight. 1816 congress passes another bill allowing the Rothchilds to set up another bank this is called the second bank of the United States and is also given a twenty year charter and than the British war ends.The President of The United States from 1829 to 1837 runs his campaign with the slogan (Jackson and no bank). In 1833 President Andrew Jackson started removing money from the Rothchild controlled bank and putting the sums into banks controlled by democratic bankers, 1835 Jackson is almost assassinated.

1836 Jackson suceeds in blocking the renewal of the charter for the second bank of the United States. 1841 President John Tyler vetoes the act to renew the charter for the second bank of the United States, than civil war seems like a trend. Than President Lincoln tries to aquire loans thru Rothchild controlled banks to fight the war but is offered an out right criminal interest rate so he starts to print his own money by America for America than he is killed.

1913 the last incarnation of the Rothchild controlled bank is established the Federal Reserve. The point is look where we are now you have the Fed telling congress its none of thier concern where our tax money went in the big bail out. What are we when a private company tells our government what they can or can't do.

Dict8's photo
Sat 03/06/10 04:34 AM
This is a VERY interesting topic. I never thought about it before. I'm gonna' learn more about it.

Lindyy's photo
Sat 03/06/10 08:48 AM
Edited by Lindyy on Sat 03/06/10 08:50 AM




OOPPSSSSSSSSSSSSS.............

Ladylid2012's photo
Sat 03/06/10 10:02 AM
The Federal Reserve Act was never intended to serve the people..it was created by a group of elites: (Paul Warburg, J.D. Rockefeller, J.P. Morgan, Baron Rothschild) and is a monarchy that OWNS our government and the world monetary systems. The amazing thing is it has lasted as long as it has.

"I believe that banking institutions are more dangerous than standing armies...if the American people ever allow private banks to control the issue of currency, the banks and the corporations that will grow up from them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered for them"

Thomas Jefferson


"I am a most unhappy man, I have unwittingly ruined my country. A great industrial nation is now controlled by a system of credit. We are no longer a government by free opinion, no longer a government by conviction and the voice of the majority, but a government by opinion and duress of a small group of dominant men.

Woodrow Wilson - 1919

RKISIT's photo
Sat 03/06/10 10:10 AM
"most people are slaves to credit"

RKISIT 2010

Ladylid2012's photo
Sat 03/06/10 10:11 AM

"most people are slaves to credit"

RKISIT 2010


:laughing: :thumbsup:

no photo
Sat 03/06/10 10:28 AM
The FED is a NON-governmental CARTEL that is designed to transfer power to UNelected officials who will then determine the fate of our nation. If you're surprised by that, raise your hand ... and then be prepared to explain why, in all of its history as the 'nation's central bank', it has NEVER ONCE been audited by OUTSIDE examiners ... ? Bueller ... ? Bueller ... ?