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Topic: STOP The Federal Reserve
Totage's photo
Wed 12/12/07 08:14 PM
One of the things I love about America is that when we put our differences aside and unite, we can really kick some ass.

I would like to draw EVERY Americans attention to some very important issues.

Now, there are many issues we need to work on, but for now, I would like to ask the we Americans focus on shutting The Federal Reserve.

Here's why:

The Federal Reserve is a PRIVATE COPORATION OWNED BY PRIVATE BANKS

The IRS is a PRIVATE COMPANY

Income tax is a FRAUD and ONLY used to PAY the FEDERAL RESERVE

All of us American need to take a stand, educate ourselves, and TAKE BACK AMERICA.

Please visit http://www.freedomtofascism.com/

Watch the videos, and click on the link at the bottom of the site to sign the petition, or go to http://www.ipetitions.com/petition/AFTF_P_1/

I strongly encourage every American to watch the videos.

Please take a stand and TAKE BACK AMERICA.

I'm working on a website myself to help bring these and other important issues to the American publics attention.

wmyers4u's photo
Wed 12/12/07 08:19 PM
The neat thing is that money used to be backed by gold, now the money is made by a private institution and is not backed by gold anymore......................who got the gold when we stopped using is as a standard to secure our currency?

Totage's photo
Wed 12/12/07 08:22 PM
Edited by Totage on Wed 12/12/07 08:23 PM
The thing is congress has the authority to shut down the Federal Rserve and print money, but since it allows the Fed. to print our money, the governemt pays intrest, well, WE pay that debt through imcome tax, which is unconstitutional.

The Fed. prints out so much money, that the U.S. dollar is actually decreasing because of it.

If WE shut down the fed. and congress prints money, there would be no income taxes.

no photo
Wed 12/12/07 08:25 PM
Edited by Sumthingdifferent on Wed 12/12/07 08:32 PM

The neat thing is that money used to be backed by gold, now the money is made by a private institution and is not backed by gold anymore......................who got the gold when we stopped using is as a standard to secure our currency?


I don't remember exactly when..but I think like in 50's or 60's. Then they went to the "In God We Trust" motto. I remember this from collecting coins/money. There use to be "gold" and "silver" certificates. That was way back when they had Fort Knox and such.

Now the I.R.S. and such being a private company?? Never heard that one. Of course I don;t pay taxes, because I don't OWN ANYTHING! laugh

I'm not saying anything more..cause the I.R.S. might be here looking for a date! laugh

wmyers4u's photo
Wed 12/12/07 08:25 PM
this is true..but people have been brainwashed so long now that they just assume its the way it is so they just keep paying.

Totage's photo
Wed 12/12/07 08:26 PM
Exactly, There is NO law requiring us to pay income taxes.

andrewzooms's photo
Wed 12/12/07 08:39 PM
Thanks for bringing this up.

Woodrow Wilson quote after signing the federal reserve into law.

A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men ... [W]e have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.

franshade's photo
Wed 12/12/07 08:44 PM


The Federal Reserve is a PRIVATE COPORATION OWNED BY PRIVATE BANKS



totage - if you dont mind where did you get ur info from? because I do know that the Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.

The Federal Reserve System has a structure designed by Congress to give it a broad perspective on the economy and on economic activity in all parts of the nation. It is a federal system, composed basically of a central, governmental agency--the Board of Governors--in Washington, D.C., and twelve regional Federal Reserve Banks, located in major cities throughout the nation. These components share responsibility for supervising and regulating certain financial institutions and activities; for providing banking services to depository institutions and to the federal government; and for ensuring that consumers receive adequate information and fair treatment in their business with the banking system.

wouldee's photo
Wed 12/12/07 08:45 PM
Gotta leave the Fed. Res. alone.

It is bankrupt.

The curr3ncy has no backing of tangible, credible international value.

Nixon took us off the Gold Standard in '74.

It is worthless.


Credit is what floats the boat.


Pull that plug and we are sunk.


We are sunk anyway.





smokin drinker bigsmile

andrewzooms's photo
Wed 12/12/07 08:55 PM
All you have to do is watch this movie.
That is all.
You will never want the Federal Reserve again.
http://www.youtube.com/watch?v=_dmPchuXIXQ&mode=related&search=

kidatheart70's photo
Wed 12/12/07 08:56 PM
Sad but true Wouldee. grumble

A large portion of the countries on the planet are dumping American dollars. Part of the reason it's sliding downhill in value.
What would happen if the Euro ended up being the predominant currency around the globe?huh

franshade's photo
Wed 12/12/07 08:57 PM
Is that the basis for this topic? the video on you tube?
just asking??

wmyers4u's photo
Wed 12/12/07 08:57 PM



The Federal Reserve is a PRIVATE COPORATION OWNED BY PRIVATE BANKS



totage - if you dont mind where did you get ur info from? because I do know that the Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.

The Federal Reserve System has a structure designed by Congress to give it a broad perspective on the economy and on economic activity in all parts of the nation. It is a federal system, composed basically of a central, governmental agency--the Board of Governors--in Washington, D.C., and twelve regional Federal Reserve Banks, located in major cities throughout the nation. These components share responsibility for supervising and regulating certain financial institutions and activities; for providing banking services to depository institutions and to the federal government; and for ensuring that consumers receive adequate information and fair treatment in their business with the banking system.


This is not entirely accurate

franshade's photo
Wed 12/12/07 08:59 PM
please clarify wmyers4u

wmyers4u's photo
Wed 12/12/07 09:03 PM

please clarify wmyers4u


It is comprised of 12 for profit banks

andrewzooms's photo
Wed 12/12/07 09:06 PM

Is that the basis for this topic? the video on you tube?
just asking??


It is 35 minute video showing how J.P. Morgan started the Panic of 1907 to give more power to the rich buisness elite. Give more power to rich buisness executive creating the tragedy of the federal reserve.

franshade's photo
Wed 12/12/07 09:07 PM
Edited by franshade on Wed 12/12/07 09:08 PM


totage - if you dont mind where did you get ur info from? because I do know that the Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.

The Federal Reserve System has a structure designed by Congress to give it a broad perspective on the economy and on economic activity in all parts of the nation. It is a federal system, composed basically of a central, governmental agency--the Board of Governors--in Washington, D.C., and twelve regional Federal Reserve Banks, located in major cities throughout the nation. These components share responsibility for supervising and regulating certain financial institutions and activities; for providing banking services to depository institutions and to the federal government; and for ensuring that consumers receive adequate information and fair treatment in their business with the banking system.


This is not entirely accurate


actually the 12 FRB are not for profit - response from wmyers4u
***************************************************************

Federal Reserve Banks generate their own income, primarily from interest earned on government securities that are acquired in the course of Federal Reserve monetary policy actions.

A secondary source of income is derived from the provision of priced services to depository institutions, as required by the Monetary Control Act of 1980.

Federal Reserve Banks are not, however, operated for a profit, and each year they return to the U.S. Treasury all earnings in excess of Federal Reserve operating and other expenses.

andrewzooms's photo
Wed 12/12/07 09:12 PM
Wow Franshade how about you watch the truth on the youtube movie. The constituiton has been ripped apart.

franshade's photo
Wed 12/12/07 09:13 PM
only reason I havent watched is I'd like to know whose truth it is... any ideas?

Hope I am not offending anyone, just sharing and learning.

wmyers4u's photo
Wed 12/12/07 09:14 PM



totage - if you dont mind where did you get ur info from? because I do know that the Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.

The Federal Reserve System has a structure designed by Congress to give it a broad perspective on the economy and on economic activity in all parts of the nation. It is a federal system, composed basically of a central, governmental agency--the Board of Governors--in Washington, D.C., and twelve regional Federal Reserve Banks, located in major cities throughout the nation. These components share responsibility for supervising and regulating certain financial institutions and activities; for providing banking services to depository institutions and to the federal government; and for ensuring that consumers receive adequate information and fair treatment in their business with the banking system.


This is not entirely accurate


actually the 12 FRB are not for profit - response from wmyers4u
***************************************************************

Federal Reserve Banks generate their own income, primarily from interest earned on government securities that are acquired in the course of Federal Reserve monetary policy actions.

A secondary source of income is derived from the provision of priced services to depository institutions, as required by the Monetary Control Act of 1980.

Federal Reserve Banks are not, however, operated for a profit, and each year they return to the U.S. Treasury all earnings in excess of Federal Reserve operating and other expenses.

In the literal sense, yes you are right. But there is more to it once you start examining who actually controls the Reserve banks and their powers.

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