Greenspan what a stooge. The Fed Res is just and arm of the central banks. Have you ever wondered why the fed chairman seem to be from a nationality not of the good ole USA. They are the reason people migrated to America, the banking parasites that suck the life out of every resource and country. Jefferson and the forefathers wrote the constitution soley to not give them control of our money. Jefferson quoted banks and institutions were worse than standing armies and that if congress ever gave them control we would soon be a conquered nation under their control.
Federal reserve banks are a necessity of free market economies, without them the free markets would cease to exist, and there would be utter chaos across the globe.
I don't think the country was in a bad economy before the fed. Acutully every one was happy and everything was affordable and the government wasn't such lazy shxx bags
Relatively speaking I would agree, but the federal reserve system was created as more of an evolution of the free market economic system rather than out of any notion of happiness or healthiness. You could argue that it was a necessity for the evolution of the system, or you could argue against it. As for the government being lazy shitbags, sure, but I'm not sure how this applies to the federal reserve?
Must be why they snuck in during Christmas vacation during 1913 and passed the bill through congress. Yes it was definitely a necessity to the ones who control our currency and society.
It wasn't snuck in, it was created to avoid the panic that happened years before in 1907... It is of course, now tasked with much much more than it was originally created for.
I'd be willing to partially agree about certain actors controlling or maneuvering social norms and patterns, but there is no way for some "elite" ruling class, as there is no way they can control all the market forces for a nations currency.
The fed res is a private company nothing federal about it and they print our money and raise and lower interest rates that control growth of the economy. The treasury approve or disapproves Feds actions. The last couple of secretary of treasures that oversee the treasury came from Goldman sacs or JP Morgan, Henry Paulson and Tim Giether and this has been going in for years and years the crooks run everything in Washington. They bailed out their banks in 2008 with taxpayers money and the fed res printed trillions of dollars to save their ass's.
I don't know about you, but I wouldn't want the government being in charge of the federal reserve for a good reason, which im sure you know and understand.
The federal reserve does not print money, that is the job of the treasury. The reserve monitors and attempts to control the money supply based on what the economy needs at the current situation, based on economic trends. They cannot under any circumstance print their own money, but rather request the treasury to do so given economic forecasting and conditions, blah blah I know you know this so there's no point getting into this. It's actually refreshing to speak with someone who has a grasp of the actual economic system at play than the typical "tax the rich to fix things" loons I'm used to... (I went to a liberal arts college, so you can only imagine).
I'm sure we will disagree on this point, but I'd much rather have Paulson, Geithner, Dimon, etc. etc. with years of experience at the highest level being treasury secretaries than someone who has absolutely no experience in finance/economics sitting there... This point will also apply to the politicians, as they should have fucking degree requirements with their jobs in some applicable field such as finance, law, Econ, math, engineering, etc. rather than the horseshit they have now.
The bailout, while unfortunate, was necessary. The collapse that could have occurred economically speaking across the globe would have been catastrophic compared to what actually went down. The FRB did not print trillions to save their ass, and any measure they did take in terms of monetary expansion was necessary. The low interest rates have helped as well, as you can see by the US GDP growth since the crisis. The money that was lent out was also paid back in full with interest on it, so that point is moot at this stage.
If you want to talk about a bullshit bailout, then we can talk about the GM bailout, which was a company that had nothin to do with financial stability inside markets both domestic and international, and yet somehow managed to get bailed out by taxpayer money that hasn't been recovered, nor has it actually put the company on the right track for growth.
All i want for Xmas is some Quantitative Easing. Or maybe a laser-printer and some bleached out $5 bills.. Guess which one is "legal".....Happy Hanukkah
Figment of our imagenation, made real. Power in the people, as long as they believe, well it's real. 100 yrs ago there would have been an all out civil war with the bail out of the big banks in 2008. They condition each generation a little at a time so there is complacency. Power in the people for good or bad, when will we wake up, we have the power, just the majority doesn't have control of there mind.
I remember going to see that movie the doors. Took a hit of acid about 1 hr prior and we hit the bourbon pretty hard, by the time we hit the cinema parking lot I stepped out of the car and spewed puke all over the asphalt because the i thought the bourbon didn't get me a buzz and the acid didn't kick in I had to hit the shine lol. After the aspiration the acid kicked in and the movie was awesome.
I may or may not know of someone who did the same (micro dots....no bourbon needed) The Doora, Wizard of Oz, The Wall.....all made to stimulate (decalcify) the pineal.
Yeah they don't stand a chance and it's all fear mongering that's why they create so many capital letters. HS, CIA, FBI, NAACP, FEMA. Anything you see up top that the government backs is to gather info and control your ass, they know very well they are out #. Soon they will start plucking us away one by one with biotechnology and terrorist list. They will never win it is written, lol.
This act is one of those bullshit over reaches by the U.S. regulatory system, aimed to supposedly curb the rich hiding assets in off US soil bank accounts, but which will hit US citizens living abroad and using foreign banks to hold assets, as banks now (and this has already affected citizens) refuse to open bank accounts and keep open current accounts for those people, in fear of the ridiculous penalties they will incur if even a single cent is not accounted for.
Greenspan what a stooge. The Fed Res is just and arm of the central banks. Have you ever wondered why the fed chairman seem to be from a nationality not of the good ole USA. They are the reason people migrated to America, the banking parasites that suck the life out of every resource and country. Jefferson and the forefathers wrote the constitution soley to not give them control of our money. Jefferson quoted banks and institutions were worse than standing armies and that if congress ever gave them control we would soon be a conquered nation under their control.
Federal reserve banks are a necessity of free market economies, without them the free markets would cease to exist, and there would be utter chaos across the globe.
I don't think the country was in a bad economy before the fed. Acutully every one was happy and everything was affordable and the government wasn't such lazy shxx bags
Relatively speaking I would agree, but the federal reserve system was created as more of an evolution of the free market economic system rather than out of any notion of happiness or healthiness. You could argue that it was a necessity for the evolution of the system, or you could argue against it. As for the government being lazy shitbags, sure, but I'm not sure how this applies to the federal reserve?
Must be why they snuck in during Christmas vacation during 1913 and passed the bill through congress. Yes it was definitely a necessity to the ones who control our currency and society.
It wasn't snuck in, it was created to avoid the panic that happened years before in 1907... It is of course, now tasked with much much more than it was originally created for.
I'd be willing to partially agree about certain actors controlling or maneuvering social norms and patterns, but there is no way for some "elite" ruling class, as there is no way they can control all the market forces for a nations currency.
The fed res is a private company nothing federal about it and they print our money and raise and lower interest rates that control growth of the economy. The treasury approve or disapproves Feds actions. The last couple of secretary of treasures that oversee the treasury came from Goldman sacs or JP Morgan, Henry Paulson and Tim Giether and this has been going in for years and years the crooks run everything in Washington. They bailed out their banks in 2008 with taxpayers money and the fed res printed trillions of dollars to save their ass's.
I don't know about you, but I wouldn't want the government being in charge of the federal reserve for a good reason, which im sure you know and understand.
The federal reserve does not print money, that is the job of the treasury. The reserve monitors and attempts to control the money supply based on what the economy needs at the current situation, based on economic trends. They cannot under any circumstance print their own money, but rather request the treasury to do so given economic forecasting and conditions, blah blah I know you know this so there's no point getting into this. It's actually refreshing to speak with someone who has a grasp of the actual economic system at play than the typical "tax the rich to fix things" loons I'm used to... (I went to a liberal arts college, so you can only imagine).
I'm sure we will disagree on this point, but I'd much rather have Paulson, Geithner, Dimon, etc. etc. with years of experience at the highest level being treasury secretaries than someone who has absolutely no experience in finance/economics sitting there... This point will also apply to the politicians, as they should have fucking degree requirements with their jobs in some applicable field such as finance, law, Econ, math, engineering, etc. rather than the horseshit they have now.
The bailout, while unfortunate, was necessary. The collapse that could have occurred economically speaking across the globe would have been catastrophic compared to what actually went down. The FRB did not print trillions to save their ass, and any measure they did take in terms of monetary expansion was necessary. The low interest rates have helped as well, as you can see by the US GDP growth since the crisis. The money that was lent out was also paid back in full with interest on it, so that point is moot at this stage.
If you want to talk about a bullshit bailout, then we can talk about the GM bailout, which was a company that had nothin to do with financial stability inside markets both domestic and international, and yet somehow managed to get bailed out by taxpayer money that hasn't been recovered, nor has it actually put the company on the right track for growth.
All i want for Xmas is some Quantitative Easing. Or maybe a laser-printer and some bleached out $5 bills.. Guess which one is "legal".....Happy Hanukkah
I've got a whole new thread on the Hanukkah if you ever want to go into it and figure how deep this religion goes, just PM me.
Figment of our imagenation, made real. Power in the people, as long as they believe, well it's real. 100 yrs ago there would have been an all out civil war with the bail out of the big banks in 2008. They condition each generation a little at a time so there is complacency. Power in the people for good or bad, when will we wake up, we have the power, just the majority doesn't have control of there mind.
"They got the guns.. But we got the numbers..Gonna win, yeah..We're takin' over..Come on!" - Jim Morrison
I remember going to see that movie the doors. Took a hit of acid about 1 hr prior and we hit the bourbon pretty hard, by the time we hit the cinema parking lot I stepped out of the car and spewed puke all over the asphalt because the i thought the bourbon didn't get me a buzz and the acid didn't kick in I had to hit the shine lol. After the aspiration the acid kicked in and the movie was awesome.
I may or may not know of someone who did the same (micro dots....no bourbon needed) The Doora, Wizard of Oz, The Wall.....all made to stimulate (decalcify) the pineal.
LOL. I'm sure you know this person pretty well IMHO.
Yeah they don't stand a chance and it's all fear mongering that's why they create so many capital letters. HS, CIA, FBI, NAACP, FEMA. Anything you see up top that the government backs is to gather info and control your ass, they know very well they are out #. Soon they will start plucking us away one by one with biotechnology and terrorist list. They will never win it is written, lol.
ie.;
PATRIOT ACT
US DEPARTMENT of EDUCATION
OBAMACARE
CHANGE
9/11
LOL yes them too.
International Secret Intelligence Service (ISIS)
FATCA.
Sounds like some sort of Greek Cheese.
It does now that I think of it
This act is one of those bullshit over reaches by the U.S. regulatory system, aimed to supposedly curb the rich hiding assets in off US soil bank accounts, but which will hit US citizens living abroad and using foreign banks to hold assets, as banks now (and this has already affected citizens) refuse to open bank accounts and keep open current accounts for those people, in fear of the ridiculous penalties they will incur if even a single cent is not accounted for.
I'd much prefer Greek cheese, or any cheese!