User Tag List

Informational! Informational!:  0
Likes Likes:  0
Page 1 of 3 123 LastLast
Results 1 to 8 of 24

Thread: End the Fed?

  1. #1
    dashman's Avatar
    Join Date
    Sep 2008
    Location
    Indiana, USA
    Posts
    1,575
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    End the Fed?

    If you are like me you have probably been doing alot of research here in the last year or two to figure out what the heck is wrong with this country. It seems whether you go left or right they are both mirror images of each other. In that they look the opposite, but yet are the same.

    I never really put much thought into where our money comes from. Or who the heck Allen Greenspan was. Not sure who is over the Fed now. I figured it came from some branch of the government like the Treasury. Come to find out that it is not a government entity at all and rather a private bank. Or rather a conglomerate of banks.

    I found this article rather interesting. And wheter you are conservative, liberal, independant, or other. This article is worth a reading IMHO.

    Not trying to sway any of you. I had just never given much thought about such topics until this past year or so.

    http://www.prisonplanet.com/11-reaso...ve-is-bad.html

  2. #2
    Neps_N_Things's Avatar
    Join Date
    Mar 2008
    Location
    Philadelphia, PA
    Posts
    330
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I read the article and some of what it says probably isn't so far off but I'm not sure about the article as a whole. I think it plays on fears people have about the fed and makes accusations without much real support for its claims.

  3. #3
    dashman's Avatar
    Join Date
    Sep 2008
    Location
    Indiana, USA
    Posts
    1,575
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Agreed. I take great caution when reading stuff from this site and do not subscribe to alot of what they say. I wish they would just stick to the facts and leave conclusions to the reader. Too much conspiracy theory crap. I think the facts should speak for themselves which most times they do.

    I think it is absolutely true that we should fear the power of the Fed and begin to gain control back from it. We have no visibility into what they do and yet we keep giving them more and more congressional power (ie: Financial Reform Act) to a private company.

  4. #4
    rattler's Avatar
    Join Date
    Oct 2003
    Location
    missing, presumed dead
    Posts
    8,554
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    once you accept that politicians by their very nature are liars it tends to make more sense......take Obama for example....whether you like his policies or not i think we can all agree that a major thing he campaigned on and promised his voters was more transparency in government.....one of the things he pledged to do was put all legislation on the web for every person to view for 5 days before it was signed......this is something he as president could do with out any approval of congress pretty easy as waiting 5 days for his signature is not considered detrimental to the process at all.....once elected he forgot that promise in a heck of a hurry.....

    politicians, especially on the national stage are crooks.....ive seen a few good ones at the local and state level but even they are scarce.....truly where we started heading down the wrong path was when we allowed individuals to make careers out of being politicians......being sent to DC should be considered a temporary public service not something you do till you retire....
    cervid serial killer
    Know guns, know peace, know safety. No guns, no peace, no safety
    I didn't get stimulated but he kept his promise on change, that's about all I got left!
    http://www.wolfpointherald.com/--http://www.safety-brite.net/

  5. #5
    larry's Avatar
    Join Date
    Feb 2002
    Location
    Southern California
    Posts
    1,724
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Time to overthrow the government.
    larry
    http://www.flickr.com/photos/bigflytrap/
    Save a tree, legalize cannabis.
    Be enlightened

  6. #6
    chezilla's Avatar
    Join Date
    May 2009
    Location
    Middle TN
    Posts
    181
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I have been interested in this for years. The fact we pay private bankers for the right to have money and have them control that money is obscene. In recent years though the system has gotten even more incredibly complicated. Economic private interest groups have gotten laws passed causing the current economic situtation we are in. Most of the politicians do not understand the intricacies of the system they are changing. The way derivatives (debt, bonds, mortgages, options) are bought and sold is literally a QUADRILLION dollar business. This has dwarfed the ability to be regulated and we end where we are now. It is laughable that many conseratives think we are becoming a socialist nation. Socialism means the govt controls the means of production this is the exact opposite. It is a for lack of a better term a corporatocracy. With so little control the government is powerless to cause any effective change. We instead throw more money at, our tax money bailing out billionaires. The billionaires made fortunes taking risks with their money. They didn't share their profirts, but now that their risks are biting them in the *** we need to bail them out. Whenever I hear someone talk about cell phones for poor people and other pettiness that is a drop in the bucket to what we give to the richest most powerful people in the country. How did the stimus package help you or me? If was meant to help the other 99.999% of americans the money would be loaned with interest and on the condition it creates US jobs. Hell we don't know where most of it went. the stimulus packages added up may wind up costing 2+ trillion dollars and is mostly unaccounted for, yet a few years back I was "randomly" audited on the $1,500 refund I recieved that year. Which they eneded up finding was an accurate return. Rant over.

  7. #7
    dashman's Avatar
    Join Date
    Sep 2008
    Location
    Indiana, USA
    Posts
    1,575
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Well said chezilla.

    I think we as voters need to put this issue to the forefront as politicians aren't going to. At least not most of them. I am so tired of hearing the policies that divide us and keep us in continual disagreement over the crap that pales in comparision to the fact that we are bleeding money.

    It is the monetary policies that we need to focus on. Whether you agree or disagree with social programs, I think we should all agree that we should not have to ask a private company for permission to use our money and then pay them interest. It should not be thier money to begin with. It is ours. Our dollar would go alot further to help people if we did not have to give so much of it back in the form of interest.

    I am not a financial expert, but common sense tells me this is asinine.

  8. #8
    Charlatan lizasaur's Avatar
    Join Date
    Apr 2010
    Location
    Florida
    Posts
    2,002
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I just wanted to share this from a friend. Probably not entirely relevant, but meh.
    Why do I always see "Freedom Isn't Free" stickers often coupled with some kind of anti-tax stickers? Aren't taxes the cost of freedom? Or do they think the only acceptable currency for freedom is the lives of American soldiers?

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •