The American FED is your friend

[regnak]

People misunderstand the federal Reserve which serves a purpose if there is a run on Bank by supporting the system .Helping out the banks also they regulate the Banks make sure they are obeying the law. The way the federal reserve was set up was as 12 branch's with each branch able to change with interest rate by plus or minus one percent during world war one it was changed to one rate it was never changed back.

In world war one the American government ordered the Federal reserve to buy American bonds to support the War effort however they never ordered them to stop buying the bonds before this to support the economy the federal reserve could only buy corporate paper.

People say that the American debt is very high at 18 trillion. America is the best of a bad lot world wide debt is around 236 trillion. America will only have problems if interest rates rise which will spell America doom. 18 trillion where did most of this come from in the 1980,s Volker raised interest rates to around 20 percent . if you take the interest rate America pays on it debt it would be only 4-5 Trillion even with all the Wars.

Gold standard okay even if it were still in effect Government would as always spend more than it earn making gold standard history. Going forward gold is only important as a hedge against government because government is moving towards electronic money so they can tax ever dime you make this is all about taxes and to make sure you pay your fair share. Ever currency throughout history has been fiat not gold backed it because government spends more than they earn which causes revolutions more taxes , less pay, more laws protecting them people eventually rise up.

When interest rates rise and they will in order for the government to keep the lights on and stop a invasion defaulting on there debts I suspect Government will guarantee pension funds private only because government pensions have been empty for years ( steal ) in a moved to safe guard all future pensions and current well fund is 20 trillion and it the only fund available to USA because they spent everything else ( who gets money government you get zip ).

Federal reserve is not the enemy they are not your friend either they serve a function . Federal reserve is a private bank that is true it is not run by the government it has share holders very secret ones but they can only make a small profit at every year all rest of the money goes back into the treasury of government.

England old Bank of England was privately owned up till 1950's British government privatised it all through height of British empire it was in private hands.

Emeny is Government spending money they do not have raising taxes defaulting on there promises then go looking for your money to fill there pockets and gives you more empty promises. In the 1930's nearly all governments defaulted on there promises to there people this fact was removed from history book.

rule 1, one year term for government max then they leave never to return
rule 2, no borrowing ever from government forbidden
rule 3 ,lawyer appoint judges only Scottish system
rule 4 ,no pensions for government ever forbidden

[Shezbeth]

I will be most surprised if you find much concurrence to your position.

[regnak]

Government not the federal reserve is the problem

Government is to Big to Lazy consumes to much income waste to much money pays itself to much money, pension bails out the banks because they want positions in these organisations when they retire

[wnlight]

With friends like the FED, who needs enemies? This is Orwellian double-speak.

[Shezbeth]

Posted by jonsnow (here)
In the 1930's nearly all governments defaulted on there promises to there people this fact was removed from history book.

Let us not forget that the FED was created in 1913, and that the 1930's default you refer to (I'm shaky on the actual dates so I'll accept your asserted timeline for the moment) had everything to do with the FED's participation, both literally and by virtue of the activity of the FED shareholders,....

Not to point fingers, but this thread reeks of 'shill' IMO.

[Maunagarjana]

The problem with the Federal Reserve system is that they are unaccountable. They can pretty much do what they want, and there is far too much secrecy, which opens the door for all kinds of skullduggery. To put it mildly. The kind of power and protection that the Fed enjoys is a dream come true for power and money obsessed scoundrels with delusions of grandeur. How many of the individuals who control the Fed are members of very elite and exclusive secret societies who hold as their belief system that their bloodlines are related to the gods? How many of them would be classified by mental health experts as sociopaths, psychopaths, and malignant narcissists? The Fed is like the ultimate dragon hoard, so don't be surprised if buried in that pile of riches, is a big fat ill-tempered dragon.

[regnak]

shill'

government is a safe form of investment

List of modern Sovereign Debt Defaults or Debt Restructuring

Africa
Algeria (1991)
Angola (1976, 1985, 1992-2002)
Cameroon (2004)
Central African Republic (1981, 1983)
Congo (Kinshasa) (1979)
Côte d’Ivoire (1983, 2000)
Gabon (1999–2005)
Ghana (1979, 1982)
Liberia (1989–2006)
Madagascar (2002)
Mozambique (1980)
Rwanda (1995)
Sierra Leone (1997–1998)
Sudan (1991)
Tunisia (1867)
Egypt (1876, 1984)
Kenya (1994, 2000)
Morocco (1983, 1994, 2000)
Nigeria (1982, 1986, 1992, 2001, 2004)
South Africa (1985, 1989, 1993)
Zambia (1983)
Zimbabwe (1965, 2000, 2006 (see Hyperinflation in Zimbabwe

Antigua and Barbuda (1998–2005)
Argentina (1827, 1890, 1951, 1956, 1982, 1989, 2002-2005 (see Argentine debt restructuring))
Bolivia (1875, 1927, 1931, 1980, 1986, 1989)
Brazil (1898, 1902, 1914, 1931, 1937, 1961, 1964, 1983, 1986–1987, 1990)
Canada (Alberta) (1935)
Chile (1826, 1880, 1931, 1961, 1963, 1966, 1972, 1974, 1983)
Colombia (1826, 1850, 1873, 1880, 1900, 1932, 1935)
Costa Rica (1828, 1874, 1895, 1901, 1932, 1962, 1981, 1983, 1984)
Dominica (2003–2005)
Dominican Republic (1872, 1892, 1897, 1899, 1931, 1975-2001 (see Latin American debt crisis), 2005)
Ecuador (1826, 1868, 1894, 1906, 1909, 1914, 1929, 1982, 1984, 2000, 2008)
El Salvador (1828, 1876, 1894, 1899, 1921, 1932, 1938, 1981-1996)
Grenada (2004–2005)
Guatemala (1933, 1986, 1989)
Guyana (1982)
Honduras (1828, 1873, 1981)
Jamaica (1978)
Mexico (1827, 1833, 1844, 1850, 1866, 1898, 1914, 1928-1930s, 1982)
Nicaragua (1828, 1894, 1911, 1915, 1932, 1979)
Panama (1932, 1983, 1983, 1987, 1988-1989)
Paraguay (1874, 1892, 1920, 1932, 1986, 2003)
Peru (1826, 1850, 1876, 1931, 1969, 1976, 1978, 1980, 1984)
Surinam (2001–2002)
Trinidad and Tobago (1989)
United States (1779 (devaluation of Continental Dollar); 1971 gold standard abandoned

Uruguay (1876, 1891, 1915, 1933, 1937, 1983, 1987, 1990)

Venezuela (1826, 1848, 1860, 1865, 1892, 1898, 1982, 1990, 1995–1997, 1998, 2004)

China (1921, 1932, 1939)
Japan (1942, 1946-1952)
India (1958, 1969, 1972)
Indonesia (1966, 1998, 2000, 2002)
Iran (1992)
Iraq (1990)
Jordan (1989)
Kuwait (1990–1991)
Myanmar (1984, 1987, 2002)
Mongolia (1997–2000)
The Philippines (1983)
Solomon Islands (1995–2004)
Sri Lanka (1980, 1982, 1996)
Vietnam (1975)

Albania (1990)
Austria-Hungary (1796, 1802, 1805, 1811, 1816, 1868)
Austria (1938, 1940, 1945)
Bulgaria (1932, 1990)
Croatia (1993–1996)
Denmark (1813) (see Danish state bankruptcy of 1813)
France (1812)
Germany (1932, 1939, 1948)
Hesse (1814)
Prussia (1807, 1813)
Schleswig-Holstein (1850)
Westphalia (1812)
Greece (1826, 1843, 1860, 1893, 1932, 2012)
Hungary (1932, 1941)
The Netherlands (1814)
Poland (1936, 1940, 1981)
Portugal (1828, 1837, 1841, 1845, 1852, 1890)
Romania (1933)
Russia (1839, 1885, 1918, 1947, 1957, 1991, 1998)
Spain (1809, 1820, 1831, 1834, 1851, 1867, 1872, 1882, 1936-1939)
Sweden (1812)
Turkey (1876, 1915, 1931, 1940, 1978, 1982)
Ukraine (1998–2000)
United Kingdom (1822, 1834, 1888–89, 1932)
Yugoslavia (1983)

[Shezbeth]

Let us further not forget that many of the same FED shareholders were largely influential - if not outright responsible - in/for the first World War. Sorry Jon, but I find your position distastefully biased and incredibly apologetic.

[regnak]

The first World War was caused by Germany Building a Railway to Iraq it was the biggest construction project in the World at the time. One of the biggest things at the time was Oil in the middle East which everyone could see was the future.

Great Britain was the super power at the time and this railway was a huge threat because Great Britain was a Empire in decline and there Empire was based on ruling the waves the new railway would have undercut there shipping making there fleets obsolete because the railway was three times as fast and three times as cheap. The ruling elites engineered a war in Europe to destroy this railway and they succeeded there is always an agenda.

While Europe is announcing sanctions against Russia Putin no fool is spending a lot money announcing oil deals and railway deals with India , China, Japan, Turkey, these are big billion dollar deals to build high speed railway from China to Europe in less than 4 days to travel to china in a high speed train, it currently takes a month for a ship to go from China to Europe. Germany would love to build thousands miles of railway track and oil pipelines industry will boom like never before also Russia announced a upgrade of Siberian line a Billion dollar upgrade. The sanctions against Russian stop Europe from getting orders

[cursichella1]

Posted by jonsnow (here)
The American FED is your friend People misunderstand the federal Reserve which serves a purpose if there is a run on Bank by supporting the system .Helping out the banks also they regulate the Banks make sure they are obeying the law.

You're kidding, right?

[Kindred]

So as to educate oneself, please see the attached video... The Creature from Jekyll Island -m G. Edward Griffin

Source: https://youtube.com/watch?v=lu_VqX6J93k

Some words by Woodrow Wilson, after signing the FED into existence (unsure if these are the exact words):

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”


from Thomas Jefferson;
“If the American people ever allow private banks to control the issue of their 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 wake up homeless on the continent their Fathers conquered... I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”



In Unity, Peace and Love

[Snowflower]

Posted by cursichella1 (here)

Posted by jonsnow (here)
The American FED is your friend People misunderstand the federal Reserve which serves a purpose if there is a run on Bank by supporting the system .Helping out the banks also they regulate the Banks make sure they are obeying the law.

You're kidding, right?

No, I'm afarid he isn't kidding.

Great day for the powers that be party line, eh?

Jonsnow, it's possible you are simply misinformed. I suppose. Not likely, but possible.

Jonsnow. The fed is not my friend. The fed is my enemy. I am absolutely, crystal clear on this. If they are your friend, then you are my enemy.

(Editing because my autocorrect does not like your name.)

[rgray222]

Please explain why you think a cartel is a good idea, there are banking cartels such as the Federal Reserve, Oil Cartels such as OPEC and Drug Cartels. There is little difference in how they operate except each one is pushing a different product.

Also, you made the following comment

When interest rates rise and they will in order for the government to keep the lights on and stop a invasion defaulting on there debts I suspect Government will guarantee pension funds private only because government pensions have been empty for years

Interest rates don't rise, the interest rate is set by the federal reserve, a for profit business.

Yes we need to use interest rates to slow inflation or deflation but should this be done by a for profit private company that sets their own price as well as the worlds price on money. A secret organization that refuses to allow an audit with secret shareholders. Please you have got to be kidding me that you think this is the best way to handle the money supply in the United States and around the world. No one disputes that the fed serves a necessary function but it could be done in a manner that serves society instead of leaching off society. You can't point to the government and say they are the problem when the fed is behind the scenes manipulating interest rates and basically telling the government how it should behave with the money supply.

[regnak]

Snowflower I am trying to educate people sorry I once taught as you do but I read this blog and it was an education of how finance really work he says that 90 % of the people are always wrong interesting stuff still I say to you to read his blog it is excellent

http://armstrongeconomics.com/armstrong_economics_blog/

We are headed into a totalitarian regime I think because government is broke has no money to pay pension when government is broke they come looking for your money to fill there pockets for we are great unwashed. People hide there money no investment when government comes looking less jobs collapse in confidence in government. What comes next is a raise in interest rates to raise money if this fails forced loans taking your money from your bank account without asking you . Saving pensioners then by making all pension funds invest in government bonds ( you get zip they get your money ). Then massive printing of money if this fails default no more pensions social welfare etc broke government. seize gold.

electronic money is the future because they can tax every penny trace everyone pays fair share gold will not be a reserve currency it will be a safety net for those who want safety from government