…… Who owns the Fed Reserve bank

[PghPanther]

JP Morgan altruistic? Surely you jest. In those days, no business no profit. So he and his buddies went to some effort to keep the progress of commercial enterprise orderly. Today, you can make money from commercial disaster as a bunch of bank officials have recently demonstrated. .

He was instrumental with the money changers in helping to set up the Fed Reserve.................as a instrument to rob the world. any wealth person that has a trust or fund....litterally any billionaire is in no way alturistic with their funds or aids. They are first and foremost a tax shelter to keep more of their money and retain the good guy image to the public so they can keep raping you in the manipulation of the dollar.

The first rule of this civilized world...........................if there is money involved there is a conjob going on somewhere.

 

[Luddite]

Morgan altruistic? Surely you jest.

Yes. I jest. With every bit of sarcasm in my being.

What his ilk set up was delayed destruction. Which we may see in our lifetime.
He was an original bankster.

 

[Doat]

Seems the main function of the Fed is to create turmoil in the financial market and make poor policy decisions.

 

[NoDandy]

My proof that the income tax wasn't even enforced until about the 1930s......

Quote..

In June 5, 1931, Capone was indicted for 22 counts of federal income-tax evasion for the years 1925 through 1929.

Capone was made a example of. But again only the evil rich had to pay at first. Now all you need to make is over $300 in a year in income to be taxed 15% plus.

WTF!

Well, poopy joe and his fellow grifters need you to pay in, so they can get their kick backs from Ukraine. Thay way they can steal tax dollars and not get caught. After all, they want to leave govt with as much, or more money as clinton & Obama did !!!

 

[teedee]

I believe that Russia kicked out the Rothschilds about 15 years ago. About the same time NATO started expanding all around Russia.

 

[Teeja]

Actually gold is the invention of the money changers............. assets like precious metals because outside of decoration and some limited use in electronic conductivity

No, gold is the invention of God. Your argument that gold is only good for decoration or electronic items is just retarded. You seem to be like many of the “gold is worthless” or the “you can’t eat gold” people. And your argument that there’s not enough gold to use it as a means of exchange shows you don’t understand the way gold has been successfully used for centuries. If gold is so useless, then why are central banks and elites buying it all up lately? Sorry, you are mistaken regarding your understanding of the role gold plays in the world.

 

[mzkitty]

Actually gold is the invention of the money changers way of controlling goods and services (Griffin dare not say who they were or else won't get the book published)..........the true value of money and how much should be in circulation is most stable and effective when it tied to labor, materials/goods services in other words a real economy.............not a financial one like wall street speculation tools or a favor of the coin clippers that of assets like precious metals because outside of decoration and some limited use in electronic conductivity (there is not enough of it around to use in mass) gold has no use or value in society compare to food, labor/materials and services...........oil does because without it you can have modern time labor, food and materials and that's why the central bankers tie it to the petrodollar but in order for it to work we must force the world to use it as a way to rob the rest of the world of their goods/services without inflating our money supply but push it on the rest of the world because we need to keep those dollars in world circulation to keep from having them coming back to us or else.....hyperinflation here.......... but that is another discussion.

The same people who conned us with fiat money through central banking first conned the world with gold and their receipts..............

Germany provided hard assets were not what you backed money to in the1930s to get out of hyperinflation but to the real economy as I have explained..............if you look at what they did after they kicked out the bankers it was unreal ..........a country of tremendous wealth prosperity and future innovation. They were looking like they were right out of the HG Wells Novel "The shape of things to come" until the central bankers pushed the world to declare war on them and use Poland as an excuse to point fingers at Germany.

The US is so screwed because we let the elite get control the money but now some in the rest of the world are saying enough.............and they are getting bigger more powerful and more resilient all the time and may end the rule of the Fed in controlling the world for its gain.

Ah yes................ Hitler. The devil in the mix.

 

[mzkitty]

This is apropos. It was on the "Lock Her Up" trending this morning. Lock her up being an argument over whether that means Hitlery, Kamala, or Trump. I dunno, peeps be all hysterical this morning............

Anyway, someone posted this one:

 

[Dozdoats]

America started on the silver standard. The gold standard was a bankster project. To the point silver was actually demonetized by law in 1873...

The “Crime of 1873” | U.S. Mint

When President Ulysses S. Grant signed into law the Coinage Act of 1873, the ramifications of his action would not be noticed for several years. The passage of this act, though, ended up being so notorious that many would later call it the “Crime of 1873.”

www.usmint.gov

 

[The Cub]

The members of this Board are among the most informed on this topic that I have ever experienced!

We could dedicate a lotta ink to the topic, but I chose to respond to naysayers who hold that the FED is a 'government agency' by asking them the following question:

"If the FED is a government entity, why then is the US Treasury (viz. taxpayers) incurring and paying interest on indebtedness to a government agency to increase the money supply ("printing new fiat currency") when the Treasury could just "print" the money itself for free? i.e. since when does the government charge itself interest?"

Upon hearing that, invariably they just shrink and remain silent.

 

[intothatgoodnight]

Who established the FRB and who actually owns the Fed Reserve now? Are all central banks separate from the countries that they are located in? What happens if a government "nationalize a banking system?

Start here.

Below URL points to an informative primer on the topic of the establishment of the Federal Reserve, as part of an international central banking system.

The Creature from Jekyll Island: A Second Look at the Federal Reserve: G. Edward Griffin: 9780912986456: Amazon.com: Books

The Creature from Jekyll Island: A Second Look at the Federal Reserve [G. Edward Griffin] on Amazon.com. *FREE* shipping on qualifying offers. The Creature from Jekyll Island: A Second Look at the Federal Reserve

www.amazon.com

"The Creature Jekyll Island" book names names, from both the political and international banking establishment, lays out a timeline, and describes the importance of the meeting at Jekyll Island, Georgia, in November 1910, which culminated in the formation of the Federal Reserve in December 1913.

Also see:

Jekyll Island - Wikipedia

en.wikipedia.org

intothegoodnight

 

[intothatgoodnight]

It *Should* be required reading in every high school government or US history class.

So that means it's up to us as parents to make sure it's read.

AKA "good parenting."

Also should be part of every home-schooling curriculum/course - but, it is not . . .

School education (used to) teach the Magna Carta, Christopher Columbus, the formation of the colonies, the Declaration of Independence, the U.S. Constitution and Bill of Rights, the War of 1812 and the burning of the White House by the invading British forces, Andrew Jackson's shutting down of the Second National Bank in 1836, the American Civil War, Lincoln's Gettysburg Address, et al.

"The Creature From Jekyll Island" should be included in above list of REQUIRED fundamental knowledge by all citizens - ESPECIALLY the latest crop of newly minted "citizens."

Teach Your Children Well®

THEIR future will depend upon it.


intothegoodnight

 

[Greenspode]

The members of this Board are among the most informed on this topic that I have ever experienced!

We could dedicate a lotta ink to the topic, but I chose to respond to naysayers who hold that the FED is a 'government agency' by asking them the following question:

"If the FED is a government entity, why then is the US Treasury (viz. taxpayers) incurring and paying interest on indebtedness to a government agency to increase the money supply ("printing new fiat currency") when the Treasury could just "print" the money itself for free? i.e. since when does the government charge itself interest?"

Upon hearing that, invariably they just shrink and remain silent.

View attachment 403437

The people who believe that the Federal Reserve is some sort of government entity, rather than a private, for profit, organization are typical Americans. They believe what they have been told, spend little time doing any actual research or educating themselves, and then lecture those who do understand things using pre-school level evidence and arguments, while having no idea how incredibly stupid they look to anyone with an ounce of understanding or common sense.

 

[Hognutz]

 

[Dennis Olson]

Sorry, you are mistaken regarding your understanding of the role gold plays in the world.

Both in contemporary and historical times, thousands of years ago. Long before there were central banks. Your statements really are ignorant @PghPanther

 

[rhughe13]

This details all of it better than I could.

Collapse of the American Dream explained in animation (including explanation of the Federal Reserve).

Runtime 29:55

View: https://youtu.be/mII9NZ8MMVM

Good work!! I was going to look for this video. Everybody needs to see this 30 video.

 

[custom2006]

Not me…. Or anyone I associate with.

.... but you have an account at one of the 12 Federal Reserve Bank branches.

 

[PghPanther]

Both in contemporary and historical times, thousands of years ago. Long before there were central banks. Your statements really are ignorant @PghPanther

Your statement is certainly true and perhaps I didn't express the point I was trying to make..........

The use of gold has been because of its intrinsic value separate from it being a barter or trade of goods. However, that value is perceived of from the standpoint of what it can be used for in society in the past as a rare metal value in beauty and display.......in modern societies one of the best conductors of electrical current. Also the fact that it was portable relative to something like say gallons of oil.

But ultimately an economy is build on resources, product, labor and services......which some form of money represents that as fair trade or barter of those economic elements and to tie the supply of that barter (fiat paper money) to only the development and growth of that economy is what can keep the value in check......where the limited supply of gold that exists on the planet keeps is value intact as long as there is a desire or need for it. ...............

 

[Samuel Adams]

I still say the value of gold lies in its sex appeal to alien love goddesses.

Hope an ounce and a half impresses the hell out of one of them…….some day.

 

[ralfy]

Sure but black mailed and mostly controlled by our socialistic bureaucratic bureaucracies!

It's a win win for the banksters and bureaucrats.

Especially when more than ever in today's happy divorce states, many many individuals who have worked all their lives to the bone and die early and get not on FRIGGING dime that was stolen from their labors in the guise of FICA taxes, AKA as S.S. taxes.

The bureaucrats jump for joy hundreds of times and sometimes even more daily when 100+ hard working tax paying individual middle class Americans die early and get not one dime of their and their employers matched contributions of 15% plus compliance back to their estates! Not one frigging bloody dime!

Also many billions of dollars a YEAR is collected by our bureaucrats to spend how ever they deem, like free monies by collecti g the FICA taxes from employees who are illegals and use fake S.S.#. Like water that comes out of the ground as sweet wine.

I think the U.S. is controlled by Wall Street, and both political parties, the government, the military, and the people work for it.

Elected officials of both parties work for it in exchange for campaign funds.

The government works for it in exchange for funds used to promote spending at home as well as financial and military aid with strings attached to manipulate other countries.

The military works for it because it relies on armaments from the defense industry funded by the rich and from the rich earn a lot when there are wars. That's why the U.S. is the main arms dealer and warmonger of the world.

The people work for it in exchange for credit used to promote a consumer spending society, seek mass entertainment, and try to engage in financial gambling themselves by flipping houses, etc. That's also why much of media, food processing, pharma, etc., in the U.S., are controlled by a few corporations also owned by the rich.

That's why, in the end, it's all a rich man's trick.

 

[CathyC]

Good work!! I was going to look for this video. Everybody needs to see this 30 video.

So the video “ends“ during the timeframe of Hank Paulson? I am so uneducated about this stuff. Sorry.

 

[THETACTICALPUDDING]

I'm very aware that it goes without saying but... it's all about the MONEY!

 

[PghPanther]

No, gold is the invention of God. Your argument that gold is only good for decoration or electronic items is just retarded. You seem to be like many of the “gold is worthless” or the “you can’t eat gold” people. And your argument that there’s not enough gold to use it as a means of exchange shows you don’t understand the way gold has been successfully used for centuries. If gold is so useless, then why are central banks and elites buying it all up lately? Sorry, you are mistaken regarding your understanding of the role gold plays in the world.

Golden calf?

 

[Luddite]

Golden calf?

That's a "graven image". Made to represent something ( a false god).

The intent was the issue with the golden calf.

Side note: interesting that Jesus turned over the money changers tables in the temple. My understanding they were cheating people on the exchange rate. I'm not equipped to know much about that.

I do know the Bible says gold will be paving material in heaven. I take that as meaning the opposite of the value that gold has historically been assigned in the world.

 

[Dozdoats]

Gold and silver are God's money. Man has perverted it.

Recall the gifts of the Maji to the baby Jesus ...

 

[Abe Froman]

.... but you have an account at one of the 12 Federal Reserve Bank branches.

Sadly, yes.

 

[BUBBAHOTEPT]

The Federal Reserve System is not "owned" by anyone.

Read the words carefully……. The Devil is in the details
STOCK OWNERSHIP
There are no individual stockholders. The stock is all owned by member banks, which are required to subscribe to the stock of the Federal Reserve Bank in their district in an amount equal to 6% of the member bank's capital and surplus. Only one-half of this subscription, 3%, is actually paid in.
Read the words carefully…..

 

[ChicagoMan74]

Why is this under HELP?

Everytime I see the " " I can't help but do a YUGE eye roll and get temporary brain twitches for the tremendous petty stupid that it represents.

 

[intothatgoodnight]

Panic of (Depression) 1857, 1873, 1893, and 1907 all during good solid gold currency. IIRC, J P Morgan bailed the gov out in 1893 and 1907, got sick and tired of it so the Fed Res magically appeared. .

Gramp told me that in 1893, the local bank printed what he called "scrip" so there would be a medium of exchange locally. Most was barter.

Jesse James had to be careful what banks he robbed. All some of them had was only local scrip. However, everybody on a train had money valuable anywhere so he started robbing trains. .

You neglected to mention the stock speculators/manipulators (Jay Gould comes to mind, but not the only one) of the ~1890s era, and the economic effects of the monopolists of the post-Civil War era upon both government and J6P main street economics - all of which were skillfully employed as ongoing political/J6P herding mechanisms towards the creation of the Federal Reserve Bank in 1913.

Don't cherry pick, Troke. We ALL know that there were MANY more economic pieces involved in, and leading up to, the creation of the Federal Reserve.


intothegoodnight

 

[Southside]

View attachment 403381

Which, of course is unconstitutional.
Irwin Schiff was right!

 

[intothatgoodnight]

where there was no private cartel central bank (FR) there was no inflation..........at one time in this nation for 100 years your dollar could purchase the same amount of goods it could at the end of that time as it did in the beginning.............yet we are told a central bank helps stabilize economies.........

To your point regarding the steady devaluation of the U.S. Dollar, over time:

1) the year is 1932.
2) take A) one $20.00 paper dollar, and B) one $20.00 1 oz. gold coin.
3) bury them both in the the back yard (or store them away)
4) the year is 2023.
5) dig up both the buried $20 paper dollar, and the $20.00 1 oz. gold coin
6) how much is the $20.00 paper dollar worth, in 2023?
7) how much is the $20.00 1 oz. gold coin worth in 2023?

It has been calculated that since the 1913 creation date of the Federal Reserve, the U.S. dollar has lost ~98% of its value.

That is criminal.

The cause?

The Federal Reserve.


intothegoodnight

 

[Dennis Olson]

Why is this under HELP?

Everytime I see the " " I can't help but do a YUGE eye roll and get temporary brain twitches for the tremendous petty stupid that it represents.

You can thank Satanta. That was his permanent “gift” to the design of the forum. Personally, I’d have preferred he just putter around his NEW HOUSE rather than take his wild-hair out on the forum. But hey, I try to be “fair and balanced.”

And yeah, I get a case of the twitches too. And his name passes through my mind with every twitch. (And I’m not making that up.)

 

[ralfy]

Gold and silver are impractical materials: too heavy or soft to be used to make tools, weapons, or armor. Except for a few applications they are important for jewelry and as money. The first is decor and the second a promissory note. That's one reason why their value is still measured in dollars. Good to have them, though, as things fall apart, but when shortages of goods take place....

A gold standard is pointless if more people need more money. If you're going to increase the value of each ounce, then you might as well not use gold or silver as money.

What about the Fed as a source of money creation? Look up "money multiplier": much of money is created by commercial banks as people make loans. Beyond that are all sorts of financial instruments. Beyond that is a huge credit market, with the largest component consisting of what are essentially sidebets made outside any regulations.