FUCK THE POLICE
911 EVERY DAY
You can immediately identify a potential tyrant by the fact that they oppose a national banking system. The demagogues, enemies of the people, are unanimous in their exploitation of popular ignorance on this issue.
The greenback
- Thread starter wiseones2cents
- Start date
Centinel
Tenther
The federal government is authorized to mint gold and silver into coins. That is all it is empowered to do. It may not establish a bank, nor may it emit bills of credit (paper money), nor may it pass legal tender laws.
Naturally, because these activities allow it to redistribute wealth from the poor and savers to themselves and their rich cronies, the federal government ignores the constitutional prohibitions and does all of the above, which has led to numerous boom-bust cycles and depressions.
The Fed is a private centrall bank. You can call it a National bank if it makes you feel more secure, but that doesn't change it into one.
What benefit does the Fed offer us?
wiseones2cents
Verified User
Some forefathers were in on it(Freemasons), others were not. Every time the central bank tried to set up shop, it met opposition. James Madison refused to renew the Charter and was heavily isolated in doing so.
Also Andrew Jackson tried to end their reign and there was an assassination attempt on his life also. He was the first and only president to pay off the debt.
By the way. Those quotes are of Thomas Jefferson.
Its sounds like even though many accepted it(The central bank/FEDS), it sounds like they were coerced into doing so. Doesn't sound like it was a willing decision.
"I have never seen more Senators express discontent with their jobs....I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgivable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected." - John Danforth (R-Mo)
"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it."
Woodrow Wilson, The New Freedom (1913)
The Federal reserve is far from being government controlled. It is the other way around. The Fed control's the Gov, and if they don't do their bidding they are cut off from needed credit to operate. And if they try to print their own money(greenbacks) they get assassinated.......
"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers - Congressman Louis T. McFadden (Rep. Pa)
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wiseones2cents
Verified User
WOW!!! The web page has been retired!!!!!!!!!Here's another.
http://treasurydirect.gov/govt/reports/ir/ir_expense.htm
Where to start? Lets start with the fact that the debt was 6 trillion in 2000 and there was 7 trillion dollars payed in debt since 1988. How does that work? Do you have any other figures to compare this to?
wiseones2cents
Verified User
Those who oppose a centralized system of credit are opponents of freedom?LOL I think its the other way around!!!!
wiseones2cents
Verified User
Its not made out of thin air. You have GDP backing it. Forget about the gold standard because the feds bought all your gold and most of your property with IOUS(money they didn't have). Which is easy when you are never audited.
How do you have competitive currency? Do you mean money backed by different sources of wealth? That just opens the door to corruption.......Its bad enough we have accountants all over the place exaggerating assets...And people will have money backed by nothing all over again.
I say give the gov the printing press but hold them accountable.
You think everybody in the Fed Reserve are descendants of Pharaohs? Interesting.
I'd like to subscribe to your newsletter.
:insert paranoia smilie here:
(I'm not saying that the Fed Reserve and people who own a chunk of that mess aren't 'owners' per se... I am just wondering about the Pharaoh thing.)
wiseones2cents
Verified User
Inflation IS theft. They can increase the money supply at will and spread it around to their cronies and leave the public the bill.
The freemason forefathers were agents of the European banks. They were in on the enslavement. They were investing their money in the federal reserve also.
Now their foreign counterparts(freemasons) are in on the game with foreigners owning almost 50% of the debt. As opposed to the past with Americans owning a large share of their own debt.
Greenbacks don't change that.
The Freemason forefathers were against a central bank, and created a system where the money was backed by gold. You aim your paranoia at the wrong target.
wiseones2cents
Verified User
I thought the entire idea of greenbacks was that a gov can produce its own currency(and debt) interest free. Would you charge yourself interest for borrowing from yourself?
You dont think the fed system is backed by gold? Gold that is extremely exaggerated because it is not audited, but backed by huge amounts of gold(Most likely from the British Empire).
Answer me this. If they were against it? Where did the fed reserve get the support? Its like the freemasons waged war, depleted the nations wealth and then ran to the fed(European banks) for credit. Sounds like it was a set up.
Exhibit A: Yup sounds like George Washington(a free mason) was on board.
http://en.wikipedia.org/wiki/Federal_reserve
Creation of First and Second Central Bank
The first U.S. institution with central banking responsibilities was the First Bank of the United States, chartered by Congress and signed into law by President George Washington on February 25, 1791 at the urging of Alexander Hamilton. This was done despite strong opposition from Thomas Jefferson and James Madison, among numerous others. The charter was for twenty years and expired in 1811 under President Madison, because Congress refused to renew it.
America was built on European(British) wealth and they could pull out their investments and cause the economy to nose dive at will. That is how they kept the Gov in control.
Even after the war of independence, the Americans were not able to free themselves from British debt. It just went under another name.
Billy the Great Khan
Uwaa OmO
That's what you Masons WANT us to think.
Which wouldn't change that printing more and more money would still cause inflation. The Greenback would not solve inflation.
It is not, it is backed by debt. The last vestige of the gold standard ended in the 70s.
Um... No, the fed reserve as it is now started after the Civil War, set up by a President who was not a Freemason. The Freemasons, like George Washington and Jefferson, fought against a centralized bank. It is flat rewriting history to say Freemasons fought for a privately owned centralized system.
This ignores that this was a central bank owned by the GOVERNMENT and what they produced would be the same as your danged "Greenbacks" that you think would somehow solve inflation. Mostly because you are uneducated on monetary policy and were sucked in by anti Freemasons who mix their inanity with monetary policy.
This centralized bank actually owned by the Federal government would be the government printing their "own money"... Another difference, the money was literally worth something, it was backed by the gold standard.
The last time the US government was debt free was 1836. Currently it would be impossible, because our current currency is backed by debt, not by anything of value.
Centinel
Tenther
Yes, it is. When the federal reserve bank buys an asset. It creates the money to pay for it. It deposits money into the seller's reserve account at the fed. This money is not transferred from any other account. It comes into existence through an accounting entry. This is what I mean when I say that it is created out of thin air.
I don't think that this is an accurate statement. Usually, when people refer to a currency being "backed" by something, they are talking of fiduciary media, aka bank notes. The bank not is not money, it is a claim on money. (Of course, I'm talking prior to fiat money here.) When one deposited one's money (gold) in the bank, the bank would give you a bank not in return. The note could later be redeemed for money. The notes, because they are a fiduciary media, are often used as payment. It is just as easy to accept a claim for a dollar as it is for the buyer to go the bank, turn in his banknote for the dollar, and then pay with the dollar. In such a situation, both the gold dollars and the banknotes are used as currency. The banknotes are "as good as" money because they are "backed" by money, that is to say, they are able to be redeemed in money.
Our current federal reserve notes are not backed by anything. They are not redeemable for anything. They are not redeemable in money. They ARE the money. FRNs and fed reserve balances are considered M0, or base money. There is nothing else.
Yes, the fed appears to be quite a corrupt organization. However, there are many possible solutions to remonetizing gold.
I think it would technically be competition in money, not currency. What I mean is allow people to decide what they wish to offer and accept as money. When given the freedom, people always choose a suitable commodity to use as money. I don't see how allowing people freedom to choose opens up the door to corruption. How could it be more corrupt than our current system, in which we are all forced to use money issued by a bank that has government protection from audits. Under monetary freedom, you can be that people would run screaming from any money warehouse that refused to be audited.
Yes, because the federal government is ever so accountable.
wiseones2cents
Verified User
It would solve the interest problem and give America back its sovereignty. And they shouldn't be allowed to print more money. If they want more money, they have to create real wealth first.
I doubt that. That debt is backed by real wealth. If that were not the case, any country could just rack up a 14 trillion dollar debt. Is clear because all the countries(Including the IMF), that are major lenders are the countries with largest gold reserves.
Basically the Fed Res was able to gain most of the world's gold by financing wars. Then they lent it back using GDP wealth as collateral.
Ummmm George Washington let the devil in the house. It is easier to bring him in then get rid of him.
Here is a quote by Wilson and this is speaking about the European elites(European banks).
"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it."
Woodrow Wilson, The New Freedom (1913)
Sounds like when people speak negative of the Zionists. they are labelled anti-semetic and pretty much their careers and jobs are over. You can insult anyone any race but speak negative about the Jews? Its over. Didn't some teacher lose her job the other week by saying she wanted to throw the Zionists and the Fed res out of the country? The incidents are numerous.
These European banks have so much money and so much spies(as the quote suggests)that they are able to obtain total control over the earth.
Yes the politicians(especially freemasons) but the European banks were the majority investors. Though the fed reserve today operates mostly above the gov, though I am sure the ruling presidents gain a slice of pie and a healthy retirement plan.
I would solve inflation by stopping the production of new money unless it was backed by newly created REAL wealth. The greenback idea is just for America to regain its sovereignty by enabling it to produce its own currency, and not pay interest.
Go do some research on the centralized Banks of England. Basically they milked the king dry who was the last Catholic King of England, leaving him broke from war with France. To rebuild their country and military they opened up their country to private investors and thus began the Bank of England. Sound familiar? After that the king became their perpetual slave via debt. The same scenario went down in the USA.
Note that there were free masons with large political connections in both the USA, France, Britain and every where else wars were waged. Even the Ottoman empire! I read somewhere that these wars were results of infighting between Freemason lodges(France and USA against Britain). Though I believe that was just for public consumption. They were all invested in the wars and made a killing and left the tax payers with the bill. Its not like they fight in the wars so the people are expendable.
And here I thought currency was backed by GDP!!!! Did they throw that out with the bath water too?lol Maybe you are uneducated on monetary policy. I seem to know what I am talking about or at least closer to the truth.
wiseones2cents
Verified User
Then according to you? The fed should own the world buy now. If they have limitless money. They could buy the entire world, you can take it away and they can buy it back. Like people of old use to think.
"The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency." - MAJOR L .L. B. ANGUS
When you or I write a check there must be sufficient funds in out account to cover the check,
but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." — Putting it simply, Boston Federal Reserve Bank
"The bank hath benefit of interest on all moneys which it creates out of nothing."
William Paterson, Founder of Bank of England.
WHAT A SCAM!!!!HOW CAN ANYONE SUPPORT THESE GUYS IS BEYOND ME! I guess these are the guys eating at the pig troughs!
But there has to be something backing this money. If not it is the largest scam in the history of man kind and we have been paying trillions of dollars in Interest for nothing.
WOW! Look at these numbers. Grand robbery!!!!
"...the increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to
45 billion dollars in 1949 went directly to the private stockholders of the [federal reserve] banks." — Eustace Mullins
I think it is. How do they base the value of global currencies if not buy real wealth? Gold/GDP?
They are backed with a promise to pay with real wealth. GDP. Or else every country would have a 14 trillion dollar deficit. The reason why the creditors gave America more money is because it had a larger GDP.
Not when they own all of it. Basically meet the new boss same as the old boss. Will probably convince the people down the land that gold standard doesn't work and there back on fiat money to buy up all the newly created wealth.
In early American history, the first state that switched to fiat money(after it was left broke) and then the rest of the states followed, but why would Europe expect American notes if they weren't backed by anything, unless Europe was in on the game. And the joke was on the tax payer.
It seems to be a pattern. They had all the gold and silver. Then gave all the silver to China(They bought off China but China had no need buying from Europe), then they had a coin shortage, switched to fiat money, and with that worthless fiat money,bought back all the Chinese silver(real wealth) These guys are good scammers!
Yes, because the federal government is ever so accountable.
You can vote the government out of office, you cant vote the feds out of office...........In gov, the newly elected can investigate. It seems that the Fed is above gov and reproach.
Yet they do, and still could. The assumption that "greenbacks" would solve everything magically is simply a sign that you have no idea what you are talking about when talking about monetary policy.
What the debt is backed by is not a deposit in any reserve, it is literally debt. The Federal Reserve literally creates a "loan" and deposits an amount (it's not even printed) into an account creating more currency literally out of thin air.
The Fed Res wasn't even created in its current state until 1913.
The slippery slope fallacy. It simply isn't true. The reality is a centralized bank is nothing like what we currently have with the Federal Reserve, which is privately owned banks creating currency from thin air then loaning it to our government. Seriously, it isn't the same thing and it is nothing that "Freemasons" wanted. That's simply distraction from the real problem.
Which would be much the same reaction when somebody spoke negatively about the Black Panthers, La Raza, or any other negative entity from the same position. It's inane to ignore what happens with other ethnic groups so you can pretend that Jewish people have super powers.
Again, they gain it through debt, the money is quite literally monetized debt, not something backed by actual wealth.
Seriously, I don't need to "do some research" I fully understand the negative consequences of the federal reserve. My only points are:
The Greenbacks, also not backed by real wealth, are not a solution to inflation. Backing a new currency with actual gold reserves would be. However the "Keynesian" economic policy followed by nearly every government in existence cannot work without the ability to control inflation.
Freemasons didn't create the current Federal Reserve. It was created in 1913 under Woodrow Wilson who was not a Freemason. At that time Freemasons had little to no influence in American government due to the anti-masonic party and movement.... http://en.wikipedia.org/wiki/Anti-Masonic_Party
Anyway, Freemasons long had lost their influence in politics in the US by the time this mess was created, you are an arrow aimed at a distraction and will miss the real target. You should aim yourself at the Federal Reserve without losing your focus and going after "Jews and Freemasons"... If you get the entire Fed, if the "Jews and Freemasons" are the cause of that FED you will still get them, if they are only a "small part" and you are aimed at just that part you will wind up getting those "dirty Jews and Freemasons" and the FED will still control you.
Basically, what I am saying is: If this 'conspiracy' is true Freemasonry and 'Zionists' (the current "excuse" of racists that hate Jews is to say you only hate the 'Zionists' not 'All Jews', and to speak about Noahidism as a secondary target and a reason to fear Jews) are only a tiny part, the sacrificial lamb so to speak.
They present a convenient target, one that will allow them to continue in their power positions and perpetuate control as you get the "Freemasons and Jews"...
It also allows them to make you look like a nutjob.
If I say, "The Federal Reserve is bad because: <insert list of how it effects inflation and your specific wealth>," I may be effective.
If I say, "The Freemasons are bad, and so are 'Zionists' and Noahides, and they created the Fed and therefore the FED is bad because of: List the same effects here as above," nobody is listening any more, people have already tuned out because I sound like an idiot conspiracy theorist racist...
Even if it is true, it serves to get people to ignore you when you start off with Freemasons are teh Eviiiilll.... They created this government and nation, but they are teh Eeeevilll anyway! it makes you sound like a nutjob.
If I say, "The Federal Reserve is bad because: <insert list of how it effects inflation and your specific wealth>," I may be effective.
If I say, "The Freemasons are bad, and so are 'Zionists' and Noahides, and they created the Fed and therefore the FED is bad because of: List the same effects here as above," nobody is listening any more, people have already tuned out because I sound like an idiot conspiracy theorist racist...
Even if it is true, it serves to get people to ignore you when you start off with Freemasons are teh Eviiiilll.... They created this government and nation, but they are teh Eeeevilll anyway! it makes you sound like a nutjob.
Centinel
Tenther
Well not exactly. The fed can create money, and they continually inflate the money supply. That is how they transfer wealth to themselves and their banker buddies. However, they can't kill the goose that lays the golden eggs. If they inflate to the point where people begin to lose confidence, then people will begin to dump dollars to acquire goods before the dollars continue to lose value. Classic inflationary spiral.
Again, federal reserve notes are not notes in the sense that they are redeemable in anything but other federal reserve notes. They are not "backed" by anything. However, this does not mean they are worthless. They have value, because they can be used to buy things, and they can be used to buy things because they are valuable. They ARE money; they are not backed by money.
However, as mentioned before, the FED walks a tightrope. They cannot produce too many or their value will drop. Once people perceive the value to drop, they will become less valuable, and the cycle will wind down. Possibly terminally for the FRN.
We need to kill the FED. We need congress to specify exactly what our monetary unit is, in terms of an actual commodity. Giving congress the printing press will end very badly.
No, our ruling class is descended from the European Royal Family, and they are descended from the Egyptian rulers