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Funny.
I always thought it was the 50%+1 or more who vote for the people that make all this happen.
The Fed is the root of the following evils:
1) massive bureaucracy which tends to eat up our civil liberties, our economic freedoms, etc,
2) endless(?) funding for endless wars which destabilize our security, serve war profiteers bank accounts, and put a huge burden on our future generations to pay for our immoral murder and exploitation of brown people across the globe
3) the extraction of the wealth of the lower and middle class through inflation tax, which most of the public does not understand and cannot discover through the controlled MSM,
4) enables the blatant insider fraud that our fed legislators currently engage in
5) charges interest for providing a function that could otherwise be done at cost, without putting America in extreme debt. Any monkey can pull zeroes out of his/her ass.
6) Encourages bad investments, causing bubbles which burst leaving us all wet, as it artificially keeps interests rates low, encouraging imprudent borrowing/investment without sufficient savings to justify low interest rates, after which it...
7) performs a manipulation of the business cycle, from boom to bust, in order to facilitate the concentration of wealth at the top of the financial ladder, through fluctuation of currency liquidity
8) As Greenspan admitted, BEST CASE SCENARIO is that the Fed could effectively mimic gold as a slow source of gradual inflation,
9) one of the major functions purported to justify the Fed is economic stability, however a study of history will show that over history we have averaged 1-2 major disruptions per decade.
10) the fed has reduced the dollar's value more than 90% since it took hold of our currency. This robs citizens on fixed income and who diligently and save responsibily.
11) The arrangement is illegal without Cons utional Amendment
Last edited by Parker2112; 12-03-2011 at 04:16 PM.
Funny.
I always thought it was the 50%+1 or more who vote for the people that make all this happen.
Shows how little you know.
It appears you know less, thinking so many people have so much power and so many more are for sale.
Sure they are. Still, it's less the people's fault who learn how to game a system, than it is those who constantly vote the enablers in.
Blame the voters, including yourself. Stop looking at and trying to fix the symptoms. Try to fix the root causes instead. It starts with the voters voting for what politicians say they will do for them. It's called greed, and it takes place in all levels. Not just the top. How can you blame the 1% when most the 99% is bought and paid for as well.
Last edited by Wild Cobra; 12-03-2011 at 01:20 AM.
Uh? The members of the Fed are voted in?
What the are you babbling about?
This makes no sense in the context of the Fed.
I suggest you read what I said again, after you take off those biased glasses.
Answer the question.
What question. You are the one babbling. I never said they were voted in. What do you fail to understand from my statement? Ask me a question you need clarification on.
The one I asked. You're blaming voters for 'enabling' the Fed to do what it does, but voters have no direct say on the Fed's composition.
I don't need clarification. Your re ed posts are patently clear.
I see.
You are that evil algebra teacher that needs to see all the steps in between of a math test, or it's wrong.
The people vote for the congress members who enable this to occur.
Which really goes to show you have no clue what you're talking about.
Congress has absolutely no control over the Fed's decisions. Neither does the executive. The have certain oversight capabilities, including the selection and confirmation (president + senate) of board members, but the Fed itself is a hybrid public/private en y by design (seeing that it serves both the public in general and private bankers).
Now, if you're advocating the government to remove the private component from the Fed, then you're agreeing with Parker, as the Fed duties would basically be absorbed by the US Treasury.
Congress can choose to change the system.Which really goes to show you have no clue what you're talking about.
Congress has absolutely no control over the Fed's decisions. Neither does the executive. The have certain oversight capabilities, including the selection and confirmation (president + senate) of board members, but the Fed itself is a hybrid public/private en y by design (seeing that it serves both the public in general and private bankers).
Now, if you're advocating the government to remove the private component from the Fed, then you're agreeing with Parker, as the Fed duties would basically be absorbed by the US Treasury.
So you agree with Parker. Okay.
Not exactly. like I said, he is looking at the symptoms. Not the root causes. We still need to stop being be bought by politicians to vote for them, and vote in politicians who will do what's right for this nation.
The current congress will not change things. Most of them need replaced. That will never happen when people vote on these silly issues of personal favor rather than what's best for everyone. As long as we allow the two sides to play us, we will never be free of the corruption.
He's advocating getting rid of the Fed. That can only be done through Congress.
So you're agreeing with him.
I'm not sure we need to get rid of them. Maybe just regulate them better.
I thought you wanted less government...
Congress has oversight of the Fed (Fed dudes testify before Congress), but I don't think Congress can make regs for the Fed.
Congress has granted them control over our currency, and Congress can take it back. (And civil unrest/civil war/president-losing-his-grey-matter-to-a-lead-projectile would surely follow. Yeah, power over your currency is that damn lucrative.)
Ain't NOBODY gonna with the Fed, because the Repugs and Blue Dog Dems will ALWAYS vote against it to protect the financial sector's ATM.
This Fed threads are ing stupid.
Not as stupid as most conspiracy threads.
People vote for what's best for them. It doesn't make two s if the nation is doing great, if the individual's family isn't doing great. Most people who vote are voting for things they want, not things the nation needs.
Since people want different things, with some commonalities, politicians surface who promise the commonalities will be met. That gets people's vote.
Start talking about the Fed to the average voter and you will get a deer in headlights. Talk about their social security check, welfare, medicaid, unions and things that affect their bottom line, then you get their attention.
"Ought to" stances are pointless. No one who ever posted here or anywhere can control what the majority of Americans believe. You can say what you think we all need, but once that curtain closes in the booth, it's all out the window and factors beyond anyone's control cause the voter to select certain individuals.
More likely is the concept of getting acting officials to enact changes but that will only happen when their bottom line is threatened.
Basically, when we decided to be governed, we turned over the keys to them and we are now powerless. The electoral college makes it even more so.
I find it amusing how many people get involved on a national level but cannot tell you the names of the city council members where they live.
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