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RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 7:19:02 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: jlf1961
I must point out one glaring fact that you do not seem to grasp.  If you would actually look at the records of the internal audits that are online, or using the freedom of information act, request copies of the audits, you would see that the FED does not make a profit.  It breaks even.

Do the math hunky, there is not enough gold in the world to cover all the money presently in circulation, so returning to the gold standard cant be done.  Any moron can see that.


A couple of minor points jilf. First, external audits of the Fed finances are on the website, audited by Deloitte and Touche. And in response to the post below yours, you are correct...their operations are essentially break even, in fact a small loss in 2009, not 45 billion in profits.

Fractional reserves exist under a gold standard...its only the cash in circulation that needs to be backed by gold, not the total of cash and deposits.

External audits by definition rely upon amounts not subject to internal confirmation. The fed has made a profit every year I believe.

I do not believe for a minute what the bankers tell me or what the govt. tells me. Not only does the fed make obscene profits but I am not so sure they didn't make a whole lot more and returned ONLY $45-46 Billion to the treasury.

Here and Here and yes...Here

The debate about ownership is superfluous. The monetary system, a central planned supply-of-capital regime took the country away from a free market and actually served monopolists under the ruse that they needed to be big enough NOT to fail. Of course it was all about monopoly profits that's all.

Now they are TOO BIG...to fail. Get the picture kinkroids ?

Read the whole thing from a 1976 House Congressional investigation.

Here

< Message edited by MrRodgers -- 7/7/2010 7:23:40 AM >

(in reply to willbeurdaddy)
Profile   Post #: 101
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 7:52:51 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: jlf1961

For the umpteenth time, the FED is not privately owned, and that has been explained to you repeatedly, you are just too fucking dense to understand the truth.

For the last time...the fed is 80% private ownership and 20% federal ownership. This private ownership is in the form of private banking owning the private stock ($100/share) in the the fed's regional banks. The fed is limited to no more than 6% return (dividends) on the private ownership of the stock in the 12 regional fed banks. This was mostly taken care of by 1914 we just didn't have 12...yet.

Look at what various private and govt. investigations have revealed. Jekyll Island was the crowning achievement of the world banking monopolists and thanks to the manipulation of Wilson ...the rest is history.

BTW, there is an estimated $200-$250 Billion US dollars in world-wide circulation. In fact, continental America is running out of cash. Almost all of American cash goes to the oil barons, the Chinese and the drug cartels.

Item: Citibank went to Columbia and asked FARC to deposit their drug money in NY. Laundered, making money, what could be better ? FARC said no. Citi then bought a local Colombian bank for $12 million to launder it and...because they/we needed the US cash.

We need...NEED the Saudies, the Chinese et al to buy our treasuries because the US actually needs the cash for circulation.


< Message edited by MrRodgers -- 7/7/2010 8:34:14 AM >

(in reply to jlf1961)
Profile   Post #: 102
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 9:23:02 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
quote:

ORIGINAL: Hippiekinkster


quote:

ORIGINAL: pahunkboy

You should hear what Bob Chapman says.   Alex is too easy on the private central bank.


I don't give a flying fuck what some douchebag rightard sick fuck says. Just like I don't give a fuck what goofy-assed bullshit you come up with. You have demonstrated over the two or three years that I have been here that you are incapable of thinking for yourself. We all know how badly you want to attach your mouth to the festering prolapsed rectum of Lyndon LaDouche. I personally think that anyone who wants to suck the dacaying waste products of last night's beer and fishstick dinner out of some suck fuck's ass has some serious mental problems, but, hey, we're all supposed to be tolerant here. They don't let you get anywhere near any minors there in PA, do they?





Kiss my ass.

(in reply to Hippiekinkster)
Profile   Post #: 103
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 10:19:41 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		http://www.rothschild.com/  here we go.   this is who owns the country.

(in reply to pahunkboy)
Profile   Post #: 104
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 10:36:59 AM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: jlf1961
I must point out one glaring fact that you do not seem to grasp.  If you would actually look at the records of the internal audits that are online, or using the freedom of information act, request copies of the audits, you would see that the FED does not make a profit.  It breaks even.

Do the math hunky, there is not enough gold in the world to cover all the money presently in circulation, so returning to the gold standard cant be done.  Any moron can see that.


A couple of minor points jilf. First, external audits of the Fed finances are on the website, audited by Deloitte and Touche. And in response to the post below yours, you are correct...their operations are essentially break even, in fact a small loss in 2009, not 45 billion in profits.

Fractional reserves exist under a gold standard...its only the cash in circulation that needs to be backed by gold, not the total of cash and deposits.

External audits by definition rely upon amounts not subject to internal confirmation. The fed has made a profit every year I believe.

I do not believe for a minute what the bankers tell me or what the govt. tells me. Not only does the fed make obscene profits but I am not so sure they didn't make a whole lot more and returned ONLY $45-46 Billion to the treasury.

Here and Here and yes...Here

The debate about ownership is superfluous. The monetary system, a central planned supply-of-capital regime took the country away from a free market and actually served monopolists under the ruse that they needed to be big enough NOT to fail. Of course it was all about monopoly profits that's all.

Now they are TOO BIG...to fail. Get the picture kinkroids ?

Read the whole thing from a 1976 House Congressional investigation.

Here


External audits include confirmation of internally generated information. If information is unavailable than a qualified opinion is required.

I only looked at 2009, it was a loss. It is not primarily a profit making entity, but as any nonprofit, will fluctuate around small losses and small profits from year to year. The claim of 45 billion was ludicrous.

the rest of your post goes into the Hunk file.

(in reply to MrRodgers)
Profile   Post #: 105
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 11:08:05 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		yeah MR R.,

silly you thinks the expanded wealth of the top 1% is by accident- that it is from hard work.

Silly you.

(in reply to willbeurdaddy)
Profile   Post #: 106
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 12:23:27 PM   
jlf1961


Posts: 14840
Joined: 6/10/2008
From: Somewhere Texas
Status: offline 		The major problem with these people and the FED is that they refuse to look at the facts.

Read the frigging web page FAQs you morons and use your brain for something other than a garbage disposal because that is all you are doing by reading that garbage put out by these conspiracy sites, and extreme right wing "Fear the world bank and NWO" web pages.


_____________________________

Boy, it sure would be nice if we had some grenades, don't you think?

You cannot control who comes into your life, but you can control which airlock you throw them out of.

Paranoid Paramilitary Gun Loving Conspiracy Theorist AND EQUAL OPPORTUNI

(in reply to pahunkboy)
Profile   Post #: 107
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 12:59:55 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		1207.

Unlike YOUR bills- mine are real and must be paid.  They also are highly inflated- compliments of the private federal reserve.

1207.

Restore glass steagall.

(in reply to jlf1961)
Profile   Post #: 108
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 2:39:02 PM   
jlf1961


Posts: 14840
Joined: 6/10/2008
From: Somewhere Texas
Status: offline 		Funny, my bills are real, actually reasonable with the exception of the Electric bill, which is high due to the fact I run an air conditioner but then I live in a rather hot climate.

As for you, hunk, I am sure you actually believe the bullshit you keep posting, which makes me wonder about your level of intelligence and common sense.  You refuse to check the facts, push extreme paranoid bullshit on the masses and seem to consider yourself some sort of modern day prophet.

Now, with that in mind, should you be martyred, then I may believe that some of what you said may have been true, since all true prophets were martyred for their efforts. 

However since that has not happened, I must therefore conclude you are a sick man suffering from paranoid delusions and possibly delusions of grandeur.  In which case, all I can do is try to give you enough accurate information so that you may, in a moment of sanity, find the truth and thus seek professional help.

Or the NWO and Illuminati is really out to get you and they are about to swoop down on you and place you in a 8x10 padded cell at your friendly neighborhood lunatic asylum.


_____________________________

Boy, it sure would be nice if we had some grenades, don't you think?

You cannot control who comes into your life, but you can control which airlock you throw them out of.

Paranoid Paramilitary Gun Loving Conspiracy Theorist AND EQUAL OPPORTUNI

(in reply to pahunkboy)
Profile   Post #: 109
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 2:59:18 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Then there is the symbolism.

Carol Brady and her 3 girls-  what are their hair made of?

(in reply to jlf1961)
Profile   Post #: 110
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 3:01:18 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		terrorist cells?

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


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Profile   Post #: 111
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 3:03:25 PM   
laurell3


Posts: 6577
Joined: 5/5/2005
Status: offline 		all of them had hair of gold, like their mother, the youngest one in curls..............

_____________________________

I cannot be defined by moments in my life, but must be considered for by the entirety of my existence.

When you fail to consider that I am the best judge for what is right for me, all of your opinions become suspect to me.

(in reply to pahunkboy)
Profile   Post #: 112
RE: Is America Really Free, If A Privately-Owned Centra... - 7/7/2010 3:09:22 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
quote:

ORIGINAL: laurell3

all of them had hair of gold, like their mother, the youngest one in curls..............


Yup.    Cool.  :-)

(in reply to laurell3)
Profile   Post #: 113
RE: Is America Really Free, If A Privately-Owned Centra... - 7/8/2010 10:50:49 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		http://www.youtube.com/watch?v=J2fjxaRLpQo  here we go- blame it on Bush.  that makes sense.  until you realize they all do it.

(in reply to pahunkboy)
Profile   Post #: 114
RE: Is America Really Free, If A Privately-Owned Centra... - 7/8/2010 6:03:39 PM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		FR

This whole thing has been a point of contention for a couple of decades now, but the fact is it really doesn't matter. The government can commision private firms to do things for them, in fact they do it every day.Any private company can fail to make a profit if they spend too much.

Who cares who owns them ? Supposedly we own the government but they surely don't work for us. So what's the real difference ? What those who call for an audit of the fed are calling for an extremely conpresenhise audit, one that companies rarely have to subit to unless they are under investigation. So what ? If they do it they will most likely find that the pay structure is top heavy, and that is common these days.

If you really want an issue, take the plans to sell a good piece of the interstate highway sysem to private, foreign entities, which will effectively turn just about everything into a toll road. The idea was on a roll in Texas but I haven't heard much about it lately. I don't see how they can do it anyway, But somehow intellectual property that was in the public domain got sold to someone. Lawyers can do some amazing things, and we have a government full of them.

And how is BP vested with the power to keep Citizens away from the gulf ? They are not even in this fucking country.

You waste a hell of alot of time arguing about shit that can wait. Fact is every rich motherfucker got the money steraling one way or another. Would you be arguing if everybody made a million bucks a year and i.e. gas was 29 cents a gallon ? Well that simply cannot happen in the real world. There are things that simply are not in their best interests. Ever think what those might be and try to use the information for some useful purpose ? And then you argue that you're not going to argue about it and yet come back for more and more.

It doesn't matter if some asshole in bumfucked Egypt somewhere owns the thing, they are incorporated. Does anyone understand fully what that means ? The government incorporates them. In a similar sense, a steering wheel is incorporated into your car. A corporation or any business I think can decide for example to be ISO9010 compliant. However there are slightly different rules for corporations. They can also decide not to go public, which basically means not to sell stock. They are no longer a private entity though. That's the difference. What's more management, employees and stockholders if any are mostly indemnified from legal action arising from the acts of the corporation.

So how much does this really matter ? Who "owns" GM, who "owns" Ford, Who "owns" the other banks ? Who "owns the roads, the patents and copyrights ? Who "owns" Yellowstone National Park ?

Is money that valuable that it drawfs all these other issues for you or what ?

And I got more radical ideas from people that are just as innane. Had one guy who said banking means ban king. Ridiculous.

T

(in reply to pahunkboy)
Profile   Post #: 115
RE: Is America Really Free, If A Privately-Owned Centra... - 7/9/2010 9:47:24 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		right- it is a no bid contract. with the downside being our future.

(in reply to Termyn8or)
Profile   Post #: 116
RE: Is America Really Free, If A Privately-Owned Centra... - 7/9/2010 2:23:47 PM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		The way I see it, no matter who issues the money, if the government spends it like water, we are going down the tubes. I would say already have.

For example take an issue of capital punishment. Argue until you are blue in the face, but it is all after the fact, the victim is dead.

If you can embrace the metaphor, in this case the victim was our economy. Now just like a family in which the pricipal wage earner has been murdered, the rest need to figure out how to survive. It doesn't matter how the perpetrator is punished, nor even if he is found and convicted. The dead remain dead.

That's my slant on it, and I don't accept precious metals as a solution. Unless you are going to trade internationally it will still need to be converted back to currency to be used. Otherwise we will have to try to eat silver sandwiches deep fried in crude oil. What I am saying is that even with the best hedge against inflation, if the goods and services you need simply aren't available, you are just as fucked.

I believe we will see times like this. It takes money to transport these goods. Trucking companies will go belly up bevause they are being squeezed from every angle. Insane, stifling regulations, the high costs of fuel and other taxes and a few other factors are going to make it very difficult to get things, any things. Everything you own came in on a truck, even your truck.

The issue of demand is not an issue, it is extant and shall remain so. A medium of exchange isn't all that insurmountable. However the big problem is going to be supply. So what are we talking here ? Solar panels and home farming ? It seems the only way at this point, mooting all others. As war pundits speak of bombing somewhere back to the stone age, it seems what goes around comes around because that looks like our direction for the future.

That to me would be a better fixation upon which to dwell rather than what pretty much amounts to laying blame. Oh sure I would like to string these MFs up and let them die in the sun, even crucify them for effect. But that still doesn't solve the problem.

T

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Profile   Post #: 117
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