Debt Free- get ird of the US Federal Reserve - Keep or get rid off?


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  1. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    I notice most of you don;t talk much about the so called Federal Reserve.

    This is what I know:
    1. They are NOT a Government organization
    2. This private firm OWNS your money
    3. You owe them interest for every dollar of your money they lend you. So right off the press for every dollar they LOAN you, you owe them (varies but 2-5%+). That means your debt is piling up for the use of YOUR MONEY.
    4. They are CLOSED DOOR- It is not public and barely many know who runs it, and who is involved there
    5. They moved you from the gold standard onto their endless printing of money standard. Remember, they LOAN you YOUR money while charging you interest.
    6. It seems it is in their best interest to keep you in DEBT because like a credit card you keep paying interest and you keep owing them money because well you have to keep borrowing from them.


    Those are some of my points that come my mind...but think about it. What VALUE do they REALLY offer and BENEFIT do they provide to you as the Citizen?

    Google them, it's a fascinating scam they pulled on you.
    They got voted in over a weekend when nobody was around and the other politicians were away. Look into how they came to be and I think you will be shocked. Your own money is not even yours.

    Another odd coincidence. Lincoln and Kennedy wanted to get rid of the Federal Reserve and said so publicly. They wanted the CITIZENS to OWN their CURRENCY...uhm funny how both were assassinated. You history books tend to leave out a minor detail...there WAS a CONSPIRACY to kill Lincoln. Read up, the names and info is there.

    Discuss?

    * let's see who is the first to say I am bashing America again:rolleyes:
     

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  2. OstrichSaK

    OstrichSaK Well-Known Member

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    I won't say you're bashing America but there's two sides to every story. The glaring problem is that if we were to remain on the gold standard as some claim would have been better there is no WAY in hell we would have the economy, wealth and power that we have today. I'll agree that things got out of hand and that it should have a LOT more accountability but there are more things to consider than your story takes into account. If it were that simple it would have been fixed decades ago. I tell you what bothers me the most is that the fed is no longer required to report how much money it physically prints. Why do you think China is so mad at us right now for devaluing our dollar? They own a LOT of our debt and if we just print whatever money we need/want eventually that will cause hyper-inflation (get used to that phrase because it will be the new catch phrase that the media will be keying on when our economy is failing) when the world no longer values our money based on our 'good name' as they do now since we have nothing to back it with. Once the market is saturated with our money the less intelligent countries will catch on. We're skating on our good name right now thanks to the fed and that good name is quickly becoming tarnished.

    The future is a scary place.
     
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  3. copestag

    copestag Well-Known Member

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    I was actually going to discuss the Federal Reserve with you and demonstrate that while I agree it is a flawed system and needs to be looked at you are a bit confused about its function and how it operates.

    HOWEVER, after reading that last paragraph I quickly realized I cant possibly allow myself to be dragged into another one of these 50 different directions and none of them right threads.

    I always thought of Lincoln as one of our best Presidents, and he certainly played a very key and historical role in the shaping of our nation. I didnt realize though that he had super powers. I was unaware until today that the man who was assassinated in 1865 had publicly stated he wanted to get rid of an institution that wasnt even in existence until 1913. He must have been a truely gifted psychic to have been making speeches about getting rid of something that didnt exist until nearly 50 years after his death.

    And then to suggest that history books state there was a conspiracy to assassinate him because of his feelings on the Federal Reserve? Im very interested in seeing the source for this, please give me a direction to look in.

    Let me summarize that for you:

    Lincoln who died in 1865 could not possibly have publicly stated he wanted to get rid of the Federal Reserve which didnt even exist until 1913.
     
  4. batgeek

    batgeek Banned

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    ouch.

    though there were Federal reserve banks prior to the Federal Reserve Act.
     
  5. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    You do KNOW that they had 2 different names BEFORE they were smart enough to CON you into thinking it is a NATIONAL bank OWNED by the Citizens hence the name Federal Reserve Banking System that you know of today.
    I think they were called the First Bank during Lincolns time.

    [SIZE=+1]THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY

    This is a decent little read. Your own President "created" it admitted later that it was a big mistake and he doomed the country...Woodrow Wilson

    Spend 5 minutes and have a read.
    I scanned though this site and it's laid out and makes for easy reading.

    [/SIZE]
    [SIZE=+1]Congressman Patman re-quoted Thomas Jefferson showing that our founding fathers knew this banking principle very well. "I believe that banking institutions are more dangerous to our liberties than standing armies...." "Already they have raised up a money aristocracy that has set the government at defiance. The issuing power (of money)," he said, "should be taken from the banks and restored to the people to whom it properly belongs." The American Revolution was a struggle to wrest control of wealth from the Bank of England and to restore the centers of power to the People where it "properly belongs." The Constitution is specific about the authority of the People, through their elected officials, to control the money, and thus, the affairs of their government. (Reference 5, P. 32).[/SIZE]
    [SIZE=+1]Ben Franklin said in his autobiography that the inability of the colonists to get the power to issue their own money permanently out of the hands of George III and the international bankers was [one of] the PRIME reason for the Revolutionary War. (Quoted in Reference 4)[/SIZE]
    [SIZE=+1]Thomas Jefferson stated, "If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered." (Reference 1, P. 247)[/SIZE]
    [SIZE=+1]Congressman Charles A. Lindbergh of Minnesota said: "This [Federal Reserve] Act establishes the most gigantic trust on Earth. When the President [Wilson] signs this bill, the invisible government of the Monetary Power will be legalized... the worst legislative crime of the ages, perpetuated by this banking and currency bill." (Reference 5, P. 33)[/SIZE]

    [SIZE=+1]click the link below for the rest of the info with LOTS of details.
    The Federal Reserve Is A privately Owned Corporation


    [/SIZE]
     
  6. copestag

    copestag Well-Known Member

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    to be more precise there were no Federal Reserve banks before 1913 but there were National Banks initiated under the National Bank Act of 1963 (which was Lincolns baby).......... Lincoln was the chief promoter of this act in which he hoped to achieve such things as a single federal currency (which we still have today) and the ability of the Govt to sell bonds etc, among other things..... these banks operated entirely differently than the Reserve Banks established in 1914 under the Federal Reserve Act of 1913
     
  7. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    Right, by moving you off of a standard in which the CITIZENS owned the country via actual GOLD BARS and could only function within what you owned they moved you to a credit card system without anything to back you up PLUS they charge you interest to get YOUR money. As you said, need more money...just print some more.

    It is in their interest to KEEP you in DEBT and to keep it growing.
    It was the BANKS that almost brought down America not an invading force.

    Follow my observation for a moment:
    1. wealth was being made from trading stocks, to many people were getting rich and access to too much money too quickly.
    2. the stock market just kept pushing up up up for no solid fiscal reason.
    3. they provided a way to allow people to gamble with their homes and housing by playing with mortgages and lending to anyone.
    4. they made money from those loans/mortgages the first time
    5. market collapses - they make money AGAIN because the Government bailed them out if not the US would be Bankrupt overnight.
    6. They are making money on the way UP again, notice the giant PROFITS posted by them in 2009 to present considering the meltdown THEY caused.
    7. It was a nice way to reset and devalue people's wealth. They reset the stock market to 5000 and allowed to climb back up to present value of 10-11000 which are really 1990's rates so if you think about it...YOUR money never really grew.
    8. You had an economy built with cards on sand therefore nothing was REAL, it was all "paper money" so therefore how the hell do you really expect to get back the "millions" of jobs lost AFTER the wind blew and the sand went and the house of cards came down. Fake economy=fake jobs. You never really had those jobs to begin with.

    Feel free to disagree with above but what is FACT and you can NOT disagree on is the FEDERAL BANK MADE money going up, made money on the BUST going DOWN and made money going back UP again...so that is 3 times on the same dollar/bet they made money on and all 99% of your CITIZENS got is the debt/bill to pay...and you will pay back...The Federal Reserve WITH INTEREST because they were so nice to let you borrow your money...of course with interest;)

    Does that make sense to you? It's the old saying...follow the money trail.:D
     
  8. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    Please stop with the double speak.
    TIME LINE OF THE FEDERAL RESERVE BANK 1791-1811: Rothschilds
     
  9. batgeek

    batgeek Banned

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    reading comprehension is your friend.
     
  10. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    [SIZE=+1]In 1913, before the Senate Banking and Currency Committee, Mr. Alexander stated: "But the whole scheme of a Federal Reserve Bank with its commercial-paper basis is an impractical, cumbersome machinery, is simply a cover, to find a way to secure the privilege of issuing money and to evade payment of as much tax upon circulation as possible, and then control the issue and maintain, instead of reduce, interest rates. It is a system that, if inaugurated, will prove to the advantage of the few and the detriment of the people of the United States. It will mean continued shortage of actual money and further extension of credits; for when there is a lack of real money people have to borrow credit to their cost."

    [/SIZE]
    [SIZE=+1]The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud (Reference 1,2,3,5,17).[/SIZE]
    [SIZE=+1]
    [/SIZE]
    [SIZE=+1]How did it happen? After previous attempts to push the Federal Reserve Act through Congress, a group of bankers funded and staffed Woodrow Wilson's campaign for President. He had committed to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Act through Congress just before Christmas when much of Congress was on vacation (Reference 3, 4, 5). When elected, Wilson passed the FED. Later, Wilson remorsefully replied (referring to the FED), "I have unwittingly ruined my country" (Reference 17, P. 31).[/SIZE]
    [SIZE=+1]
    So just as they predicted, a Nation built on credit (smoke and mirrors or built on sand) instead of gold or solid cash. I wonder if they called these people that spoke out at the time Communists?:D
    But with the benefit of recorded history you can now call them PATRIOTS or NATIONALISTS...not that it helps them now or helps you now.
    [/SIZE]
     
  11. batgeek

    batgeek Banned

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    he said that the National Bank created by the National Bank Act of 1863 DID NOT work the say way as the Federal Reserve Bank.

    reading comprehension. you are so caught up with arguing that you aren't comprehending what people are writting.

    @copestag: wasn't the Second Bank of the United States(1816) used much like the Federal Reserve Bank is used today? i'm very rusty on my history. been out of school for a while.
     
  12. copestag

    copestag Well-Known Member

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    please tell me exactly how laying out facts for you is double speak....... I personally dont know what Lincoln wanted (I wasnt around back then to ask him)....... I do know however what he did.... and that was to establish a National Bank ..... he did NOT however EVER publicly say he wanted to get rid of the Federal Reserve as this did not exist for nearly 50 years after his death.....and he was not assassinated for wanting to get rid of the Federal Reserve (again this didnt even exist so how could he want to get rid of it)..... I simply pointed out some very basic flaws in your facts and stated I cannot have a logical debate on something if youre going to misrepresent the truth to suit your argument........

    as I have stated..... I do agree the Federal Reserve as it exists today is not beneficial for the country..... and through the years, and currently as well, many politicians have been in favor of more oversight and regulation in regards to the institution.... and yes many have stated they wish to do away with it completely....... there are countless examples of how the Federal Reserve has made moves which have drastically hurt the economy

    I just believe that if you would get your facts a little straighter you might better understand your own argument....... and have a better leg to stand on..... I dont disagree with your argument..... I just disagree with the need to make up facts to represent it.... there are plenty of actual facts that will allow the argument to stand on its own merits
     
  13. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    [SIZE=+1]Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest (Reference 4). Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free (Reference 12, P. 265). Forty percent of our personal federal income taxes goes to pay this interest. The FED's books are not open to the public. Congress has yet to audit it.[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913.[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]Congressman Henry Gonzales, Chairman of a banking committee, introduces legislation to repeal the Federal Reserve Banking Act of 1913 nearly every year. It's always defeated, the media remains silent, and the public never learns the truth. The same bankers who own the FED control the media and give huge political contributions to sympathetic members of Congress (Reference 12, P. 155-163, Reference 22, P. 158, 159, 166).[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]THE FED FEARS THE POPULATION WILL BECOME AWARE OF THIS FRAUD AND DEMAND CHANGE[/SIZE]
    [SIZE=+1]We, the People, are at fault for being passive and allowing this to continue.[/SIZE]
    [SIZE=+1]Rep. Louis T. McFadden (R. Pa.) rose from office boy to become cashier and then President of the First National Bank in Canton Ohio. For 12 years he served as Chairman of the Committee on Banking and Currency, making him one of the foremost financial authorities in America. He fought continuously for fiscal integrity and a return to constitutional government (Reference 1). The following are portions of Rep. McFadden's speech, quoted from the Congressional Record, pages 12595-12603:[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]"THE FEDERAL RESERVE BOARD, A GOVERNMENT BOARD, HAS CHEATED THE GOVERNMENT OF THE UNITED STATES AND THE PEOPLE OF THE UNITED STATES OUT OF ENOUGH MONEY TO PAY THE NATIONAL DEBT.[/SIZE]
    [SIZE=+1]The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country ENOUGH MONEY TO PAY THE NATIONAL DEBT SEVERAL TIMES OVER."[/SIZE]
     
  14. batgeek

    batgeek Banned

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    oh! i can copypasta too!!!
     
  15. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    [SIZE=+1]Consider this fact. Most of the given sources in this booklet show how the bloodline of family bankers who own the FED funded both sides of all major wars. They created fake colonial money to destroy the Americans during the Revolutionary War and tried to finance both sides in the American Civil War. Abraham Lincoln refused and the South accepted.
    [/SIZE]

    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]Many publications show that these bankers financed World War I, World War II, and the Russian Revolutionary War, which helped Napoleon, Lenin, and Hitler come to power. They financed both sides from money created from nothing and profited greatly.
    [/SIZE]

    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]These same bankers created a number of American depressions to change the U.S. legislation and seize our wealth. Read the sources for details. This is why our forefathers wrote in the Constitution that only Congress can issue money - not private banks (Reference 18).[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]More wars create more debt which means more profit to the bankers (Reference 1, 21). These bankers planned three world wars so people would welcome United Nations intervention to govern the world in peace, not war. (Reference 22 gives specific details on World War I and World War II, showing exactly how the bankers were responsible for the beginning and continuation of these wars for their profit).[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]FED Chairman Burns states "Killing can be made simply by knowing the next few months newspapers ahead of time." Congressman Patman said "The FED officials own more than 100 million dollars (of stocks) while making decisions influencing these stock prices..." (Reference 24, P. 123).
    [/SIZE]

    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]History proves that banks profit from bankrupting a nation (Reference 22, P. 56).[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]Congress consistently defeats balanced budget amendments. In the past 30 years, Congress has raised our taxes 56 times and balanced the budget only once. We need the sound banking system our forefathers wanted us to have. History proves that banking systems like the FED don't work. Major world powers have been destroyed over similar banking systems (Reference 1). If we don't change this system NOW, in five years the only thing our taxes will pay is the interest on the national debt.[/SIZE]
     
  16. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    [SIZE=+1]ABRAHAM LINCOLN - ANOTHER GREAT PRESIDENT![/SIZE]
    [SIZE=+1]President Lincoln needed money to finance the Civil War, and the international bankers offered him loans at 24-36% interest. Lincoln balked at their demands because he didn't want to plunge the nation into such a huge debt. Lincoln approached Congress about passing a law to authorize the printing of U.S. Treasury Notes. Lincoln said "We gave the people of this Republic the greatest blessing they ever had - their own paper money to pay their debts..." Lincoln printed over 400 million "Greenbacks" (debt and interest-free) and paid the soldiers, U.S. government employees, and bought war supplies.
    [/SIZE]

    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]The international bankers didn't like it and wanted Lincoln to borrow the money from them so that the American people would owe tremendous interest on the loan. Lincoln's solution made this seem ridiculous. (Reference 1, P. 46, 47; Reference 4)[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]Shortly after Lincoln's death, the government revoked the Greenback law which ended Lincoln's debt-free, interest-free money. A new national banking act was enacted and all money became interest bearing again. (Reference 4)[/SIZE]

    [SIZE=+1]Congress needs to buy back the FED and/or abolish it. Any government debt they own would be automatically eliminated.

    All remaining debt could be paid as needed with the same type of currency Kennedy issued (debt and interest-free United States Notes).

    United States Notes are backed by the full faith of the best government in the world - The United States of America. This is no different than the backing of today's Federal Reserve Notes. U.S. citizens collect only a small fraction of the interest income on Federal Bonds and Bills. Foreigners benefit from this interest, but we pay the tax so that they collect interest on our currency. This makes sense to bankers and Congresspeople who receive money from bankers and foreign lobbyists.[/SIZE]

    [SIZE=+1]Old Abe caught a bullet to the head derived from a Conspiracy to kill him not like some lone deranged gunman that the MEDIA told you killed Kennedy WHO was ALSO OPPOSED and wanted to GET RID of the FED.
    [/SIZE]

    So BOTH PRESIDENTS had the SAME idea and BOTH ended up with a BULLET or 2 to the head.
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]Funny, they both got BULLETS to the HEAD for wanting the same thing. Kennedy got a special MAGIC bullet that stopped for a second and changed direction to shoot him again.[/SIZE]


    Follow the money...who has the most to lose or gain.

    [SIZE=+1]
    [/SIZE]
     
  17. batgeek

    batgeek Banned

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    where's my tin foil hat?
     
  18. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    I know Dick Amy and the Freedom Works are playing on your emotions and manipulating you BUT seriously THIS is the root of every Citizens problem Red and Blue.

    This was written in the 90's. You now have the POWER of time to see just how accurate it was for the past and present.

    It is a long read but take the time to read it. This is fascinating information.

    *MODS PLEASE DO NOT REMOVE*
    THIS IS WHY YOU ARE IN DEBT and ALWAYS WILL BE.
    The Federal Reserve Is A privately Owned Corporation

    Please note what Lincoln and Kennedy did and wanted to do which was get rid of the Federal Reserve but they both got bullets to the head.

    [SIZE=+1]The Revolutionary War was fought and the Constitution was written to prevent other nations and private banks from issuing (printing) money and controlling our currency.[/SIZE]
    [SIZE=+1]
    [/SIZE]

    [SIZE=+1]In 1913, members of Congress committed treason and violated their oath of office to defend the Constitution against all enemies foreign and domestic by voting in the Federal Reserve Bank.[/SIZE]
     
  19. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    atta boy, trivial the FACTS. that will get you far...or is that further in DEBT.

    At least Canada OWNS its bank unlike the US who are slaves to the Federal Reserve. We OWN our currency. Now you can see why Canadian Banks are probably the most REGULATED banks in the world did NOT really get effected the Collapse your Banking system went through. See my thread that documents the Canadian Banking system and why the rest of the WORLD is now COPYING it.

    3. Who owns the Bank of Canada?

    The Bank was founded in 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the federal government. Since that time, the Minister of Finance has held the entire share capital issued by the Bank.
     
  20. batgeek

    batgeek Banned

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    so now it's a fact that both were assassinated because they had the same idea about a national bank?

    i see. you are brilliant!!!

    i don't give 2 shakes about Canada. i am an American. i live in America. we do things our way here. if you didn't like it and left for Canada, good for you. i am still here and will deal with our situation the way i wish. i don't want, nor need, someone that doesn't live in MY country telling me(or us, as a matter of fact) how to conduct our business.
     
  21. droiduzr2

    droiduzr2 Well-Known Member This Topic's Starter

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    Actually...plus some other Congresmen that spoke out against the Feds.

    Five US Presidents who sought to abolish the Federal Reserve Bank were assassinated: 1) Andrew Jackson (Survived); 2) Abraham Lincoln; 3) James Garfield; 4) William McKinley; 5) John Kennedy.

    That's brilliant, your arrogance or pride tend to go just before the fall. Instead of looking around the globe and seeing what works and adopting and adapting to make your country better you rather lash out. How is the strategy working with the endless wars and mounting debt that is now crushing you?

    Wake up man, you don't own your country. The BANKS do. They march you into wars to profit from your blood. They keep you enslaved with DEBT. I suggest you Google how Einstein defined insanity.
     
  22. copestag

    copestag Well-Known Member

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    I have merged your other thread into this one (it was a single post- #18) because this is the exact same topic just different title and wording.

    There is no need to start multiple threads concerning the exact same issue.

    Thank You :)
     
  23. cjr72

    cjr72 Well-Known Member

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    Can we merge all of his threads together and call it Droiduzr2's Manifesto?
     
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  24. ElasticNinja

    ElasticNinja Well-Known Member

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    I never believe these conspiracy theories - and have heard a lot about this and swatted it away.
    But now - now I am interested
    It makes a whole lot of sense (the info you CPed)
    Not to mention I have almost no trust in pricvately owned banks anymore
    Seriously scary stuff

    _________

    As for defaulting - are you joking?
    My country is going through a whole lot of shit now (our budget WAS
     
  25. batgeek

    batgeek Banned

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    don't worry. America and Americans will still be here. your Big Brother isn't going anywhere.

    i AM the Ugly America. i take pride in being the Ugly American. we do things our way and don't give 2 shits about how anyone else doe it. we are arrogant. we are loud. we are the baddest mother****er on the block(well China would probably be able to zerg us, but they don't have the means to get the zerg onto our land in a big push).

    our current President sholud have been French the way he capitulates and supplicates himself upon leaders of other countries. we left Europe quite a while ago. we do not need to go back to that way of thinking.
     

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