American Politics

[Master Monger]

Too many people are brainwashed in America. They either actually believe all the lies or are too scared to rock the boat to do anything about it. Trust me though, they wouldn't be going after the guns so hard if they were not actually afraid of the people.

That Oliver Stone's Documentary series is actually called "The Untold History of the United States" https://www.imdb.com/title/tt1494191/. It has like 12 episodes but it is worth watching. Listen closely to everything he says and also pay close attention to what is happening on the screen. You might have to watch it twice to catch all the information presented.

The laws concerning the Federal Reserve have constantly been changing with the latest Change almost eliminating the Dodd-Frank act just a couple of years ago. Eliminating the Federal Reserve and the entire central banking system would be the best solution not only for the USA but for every country in the World.

Central banking does make it slightly easier to do business overseas but that good point does not compensate the citizens of each Nation for losing the Trillions of Dollars the Central banks make in interest lending and borrowing money back and forth between countries. It makes it way too easy for the government to steal money from the taxpayers as well because the government can give money or receive money without the permission or the oversight from the citizens of the nation.

The ultimate solution would be a "bitcoin like" currency accepted in all countries and distributed from all ATMs around the world. You can either choose the local currency or the "bitcoin like" physical currency that all countries recognize. This would eliminate the need for central banking and make it easy for all businesses to do business around the world. You would never exchange USD for CAD again, instead you exchange USD for WWC "World Wide Currency" then exchange any WWC you have left back into whatever currency you like or just use it your home country. The US Dollar almost plays this role now but many countries are still resistant Because they dislike the US. Allowing Switzerland to print this new WWC would see every ATM in the world have this currency overnight. Every shop and store in the world could then start accepting local currency and / or WWC.

Education is the first step but finding the solutions to the problems is the ultimate goal!

[George90]

I have been reading, with prurient interest, the posts of there last week or so about central banking systems. Most posters succeeded in demonstrating their gross ignorance of the Federal Reserve System (The Fed), the central bank of the United States. I took Introduction to Macroeconomics in college, several decades ago now, but I was not so stupid, or asleep in class, that I forgot the basics of what I learned. Almost half the course was about monetary economics which included The Fed (the other half was fiscal economics, meaning Government budgets: taxation and spending). I kept many of my old textbooks, and economics was one. The good thing is that the laws relating the the functioning of The Fed have not changed since 1913 so my 1980 something textbook is still valid for that area.

Most egregious area of correction: Master Monger earns the award of Master Idiot for the most ridiculous, the most incorrect, most ludicrous statement of all the posts. In his post of Aug 19 (4:14 pm), Master Monger stated that The Fed has a President who is appointed by the World Bank. Most other posters corrected him, but only partially. Guys this stuff is from Macro-Econ 101! The Fed is led by a Board of Governors (BoG) composed of 12 governors, one for each Federal Reserve District. The BoG is led by a Chairman who is appointed by the President of the US to a term of 5 years.

I am not going to go over the rest of Master Monger's errors and inaccuracies. But if other posters are going to correct him, have a reference book at hand. Or at least go to The Fed's website. I mean everyone here is actually ON THE WEB AS WE WRITE! The URL is www (dot) federalreserve (dot) gov. They have a HUGE data base of monetary economics issues and Fed issues. There are links to the history of The Fed, its structure, its functions, its mandate, its goals and priorities.

I think Master Monger is a lost cause, there is no cure for whatever ails him. But you other guys, get your acts together. Criticize Master Monger with the complete set of accurate facts!

Rant over.

[Master Monger]

Also per wikipedia: The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23,1913. The law created the Federal Reserve System, the central banking system of the United States. To lead the Federal Reserve System, the act established the Federal Reserve Board of Governors, members of which are appointed by the president.

Recent tradition has the President of United States appointing a chairman to the Federal Reserve around the middle of their term in office, around the time of off-year elections. Corporate shareholders elect the President (and probably other officers) serving Fedex.

The federal reserve prints and creates money, which is something that your earlier posts, clearly demonstrated you were painfully ignorant of.

You read the first 5 lines of Wikipedia and think you understand anything, so cute.

The president does have the ability to select the members of the board of governors and from that board he can select one of them to be the president. That much of what you said is true.

The senate is given a list of candidates from representatives of the World Bank and they pass that list on to the President Of the United States. If he chooses a name from the list as a new member of the board of governors the senate will approve his choice. If he chooses another name not on the list the senate will contact the world bank and ask if this name is acceptable and if the World Bank says "no problem" the senate will approve the choice. If the World Bank says "No Way". The senate will not ratify the President's choice and the process starts over again.

If I give you a list of women and say pick one from this list to be your wife. Although, if you choose someone else not on the list you will not be granted a marriage certificate. Did you choose your wife or did I choose your wife?

The Federal Reserve has no government employees, they take no funding from the government and make money off of short term loans, usually to other countries, and other investments. The do tell the government periodically what they are doing but do not have to heed the words of anyone in the government.

The only way their power can removed is by an act of Congress and they already have enough Senators in their pocket to make that very difficult.

The Dodd-Frank act of 2008 was a major blow to the Federal Reserve's power after costing the American People about $22 Trillion dollars in lost money after the housing market crash of 2008.

Thanks to Congress and Trump, that act was partially repealed on May 24,2018. This is why the COVID-19 market crash in April was so bad And it looks like the next big crash is just around the corner.

Again the World bank controls the Federal Reserve although they have no interest in the measly $100 Billion the Federal Reserve in Washington profits ever year. For those who don't believe the world bank owns the Federal Reserve just look at the 12 central banks in the US.

The Number 2 central bank which is the most powerful and wealthy is New York of which The Rothschilds and 7 other families own more than 80%. Of course the Rothschilds have the controlling share at about 25%. The Rothschilds also own a piece of all other 11 central banks in the US.

If you don't know The Rothschilds control the World Bank and International Monetary Fund you have probably been sleeping through the last century.

This is public information you can look it up.

Scat you are a pretty rude guy but that is common for people without education or culture so I will just ignore your childish attempts at insults.

GolfinHo don't give up.

Hope the people can take back control of the US government anytime they decide to put down the fast food and phones and March on Washington to replace the government officials and eliminate all political parties and stop the government officials from accepting money from outside sources.

The police and the Military will stand with the people of there is more than 10,000,000 people at the gates of Congress.

Do more research and learn more about the real truth!

Documentaries your should watch: Oliver Stone's Series The Truth about America, Loose Change, Zeitgeist.

[Run Mann]

For someone telling people to check their sources / information the post above is not an example of that. Chairman of the Federal Reserve being appointed by the World Bank. Not so. In reality appointed by the President of the United States. Among other pieces of misinformation, or disinformation as he puts it.

That's why this is the American Politics thread, the truth in American politics is whatever you and your followers want it to be. Even when the truth stares you in your face, you can claim its fake news as many people do these days. There is no more fact-checking in politics.

[Beijing4987]

This book describes the invention of the Federal Reserve by a secret cabal of banksters. The President appoints the chairman for a fixed term. But Is the president only allowed to choose from among a pre-selected ("trusted") group approved by the current secret cabal of banksters?

[ScatManDoo]

The Federal Reserve has a President appointed By the World Bank .,.

.,.You "ScatManDoo" are working with someone to spread disinformation or you really have no concept of world politics especially in China and the US.

Please people educate yourselves before speaking or sharing your opinions.

I think when MasterMonger went back to his "sources of information" for the list of the last five Presidents of the Federal Reserve, it listed Homer, Marge, Bart, Lisa and Maggie Simpson.

[Zeos1]

The Federal Reserve which is The central banking system is not a part of the federal government just as Federal Express package delivery is not part of the federal government. You could double check this before making statements that make you sound uneducated by searching the internet, going to a library, or phoning a friend with an IQ over 115.

The Federal Reserve was created by an ACT of Congress in 1913 just like every central banking system in every country around the world because The government has to give up the power of controlling the currency of a country. There are only 12 central bank locations in the US but they have also been granted the ability to regulate and partially control all comercial banks.

The Federal Reserve has a President appointed By the World Bank and has 12 board members, of which many are also board members of the World Bank and or the International Monetary Fund. The US government has no control of the Federal Reserve and the Federal Reserve can stop lending money to the US government anytime they wish. They can also jack up the interest rate anytime a country gets out of line, like Argentina which is currently experiencing a 35% interest rate.

I know this is a shocking revelation but Please check the internet or any other reputable source before making any more foolish comments about the validity of what is written here.

News media controlled by the people and paid for by our taxes so they can not be influenced would be similar to PBS or NPR. Although, we need to take it one step further and make it completely transparent to the public and also we need to start tax auditing all government employees and their family members and make those Audits public record. There should be no wealth or privacy for government officials.

My concept of removing manipulation of the wealthy on the government and news media is so far from the system in China that I can only assume one of two things.

You "ScatManDoo" are working with someone to spread disinformation or you really have no concept of world politics especially in China and the US.

Please people educate yourselves before speaking or sharing your opinions.

For someone telling people to check their sources / information the post above is not an example of that. Chairman of the Federal Reserve being appointed by the World Bank. Not so. In reality appointed by the President of the United States. Among other pieces of misinformation, or disinformation as he puts it.

[Golfinho]

The Federal Reserve was created by an ACT of Congress in 1913 just like every central banking system in every country around the world because The government has to give up the power of controlling the currency of a country. There are only 12 central bank locations in the US but they have also been granted the ability to regulate and partially control all comercial banks..

The government has to give up the power of controlling the currency of a country? The government "has to"? The USA Did not has to give up this power, yet Congress was lobbied and they did. How this was made to happen has been well-documented. The short story: "Give me control of a nation's money supply, and I care not who makes its laws," Amchel Rothschild. Americans are owned and will be until they End The Fed!

[ScatManDoo]

The Federal Reserve which is The central banking system is not a part of the federal government just as Federal Express package delivery is not part of the federal government.

Per wikipedia: FedEx Corporation is an American multinational delivery services company headquartered in Memphis, Tennessee.

Fedex is a publicly traded corporation. The company was founded in 1971 as Federal Express Corporation by Frederick W. Smith, a graduate of Yale Business School.

Also per wikipedia: The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23,1913. The law created the Federal Reserve System, the central banking system of the United States. To lead the Federal Reserve System, the act established the Federal Reserve Board of Governors, members of which are appointed by the president.

Recent tradition has the President of United States appointing a chairman to the Federal Reserve around the middle of their term in office, around the time of off-year elections. Corporate shareholders elect the President (and probably other officers) serving Fedex.

Maybe with a little more study Master Monger, you might understand the difference between private companies, public companies, and government agencies. The Federal Reserve Act created the Federal Reserve System, consisting of twelve regional Federal Reserve Banks jointly responsible for managing the country's money supply, making loans and providing oversight to banks, and serving as a lender of last resort. The Fed is not responsible to shareholders to make profits. It serve a public interest, not a duty to make profits for shareholders.

I know this is a shocking revelation but Please check the internet or any other reputable source before making any more foolish comments about the validity of what is written here.

Consider it done.

You were the foolish writer trying to make a point the the Fed is not a part of federal government, just like a shareholder owned corporation is not a part of the federal government. A ball of string is also not the federal government, but what point does that make?

The federal reserve prints and creates money, which is something that your earlier posts, clearly demonstrated you were painfully ignorant of.

[The Cane]

The Federal Reserve which is The central banking system is not a part of the federal government just as Federal Express package delivery is not part of the federal government. You could double check this before making statements that make you sound uneducated by searching the internet, going to a library, or phoning a friend with an IQ over 115.

The Federal Reserve was created by an ACT of Congress in 1913 just like every central banking system in every country around the world because The government has to give up the power of controlling the currency of a country. There are only 12 central bank locations in the US but they have also been granted the ability to regulate and partially control all comercial banks.

The Federal Reserve has a President appointed By the World Bank and has 12 board members, of which many are also board members of the World Bank and or the International Monetary Fund. The US government has no control of the Federal Reserve and the Federal Reserve can stop lending money to the US government anytime they wish. They can also jack up the interest rate anytime a country gets out of line, like Argentina which is currently experiencing a 35% interest rate.

I know this is a shocking revelation but Please check the internet or any other reputable source before making any more foolish comments about the validity of what is written here..

You failed to note that the Board of Governors in Washington, DC is in fact an agency of the United States government, and directly accountable to Congress. So, the relationship between the Fed and the government is not like Federal Express as you put it. FedEx is a multinational corporation that has no nexus to governmental functions whatsoever. Not true for the Fed. It's Board has a lot of autonomy to act independently, but it is still a federal agency and part of government. And must answer to Congress. The system is actually both public and private in its nature:

https://www.federalreserve.gov/faqs/about_14986.htm

https://www.stlouisfed.org/in-plain-...-reserve-banks

[Master Monger]

The "Fed", or federal reserve is the central banking system of the United States. I smell "government agency", despite your silly assertion it is not. The World bank and Fed sometimes work with each other co-operatively, but neither controls the other.

The Federal Reserve which is The central banking system is not a part of the federal government just as Federal Express package delivery is not part of the federal government. You could double check this before making statements that make you sound uneducated by searching the internet, going to a library, or phoning a friend with an IQ over 115.

The Federal Reserve was created by an ACT of Congress in 1913 just like every central banking system in every country around the world because The government has to give up the power of controlling the currency of a country. There are only 12 central bank locations in the US but they have also been granted the ability to regulate and partially control all comercial banks.

The Federal Reserve has a President appointed By the World Bank and has 12 board members, of which many are also board members of the World Bank and or the International Monetary Fund. The US government has no control of the Federal Reserve and the Federal Reserve can stop lending money to the US government anytime they wish. They can also jack up the interest rate anytime a country gets out of line, like Argentina which is currently experiencing a 35% interest rate.

I know this is a shocking revelation but Please check the internet or any other reputable source before making any more foolish comments about the validity of what is written here.

News media controlled by the people and paid for by our taxes so they can not be influenced would be similar to PBS or NPR. Although, we need to take it one step further and make it completely transparent to the public and also we need to start tax auditing all government employees and their family members and make those Audits public record. There should be no wealth or privacy for government officials.

My concept of removing manipulation of the wealthy on the government and news media is so far from the system in China that I can only assume one of two things.

You "ScatManDoo" are working with someone to spread disinformation or you really have no concept of world politics especially in China and the US.

Please people educate yourselves before speaking or sharing your opinions.

[Golfinho]

We are spending 700 billion a year on interest for our debt almost 2 billion a day! If we print new money and take the central banks out of the picture then that debt can be repaid as we choose. Then we base the new money off of the power and resources of the United States!

Ah, the Hjalmar Schacht solution. If only.

[ScatManDoo]

I think you have a comprehension problem currently the US dollar is printed by the federal reserve which is not a government agency it is completely controlled by the world bank.

You appear to have a learning disability.

The "Fed", or federal reserve is the central banking system of the United States. I smell "government agency", despite your silly assertion it is not. The World bank and Fed sometimes work with each other co-operatively, but neither controls the other.

If the United States government started printing its own money we could pay back our debt at our leisure

Hey McFly,

Try "Now that" instead of"If".

Our Fed already chooses when and how much money it prints / creates / expands.

We also need to change the government system so there are no longer Political parties or campaign contributions as I explained in my previous post. News should also be presented by an entity that cannot be enticed by money such as a tax funded news outlet that will guarantee fake news is a thing of the past.

The current system is completely messed up since shortly after World War II until now. If you can't see that ask somebody to look into the information and translate it for you into layman's terms because I don't have the time.

So your vision of Utopia.

Is dominated by state run media, like Russia or China?

You might prefer to live under a fascist regime, but I will pass on that and choose freedom instead.

[GeneHickman]

Sorry to have challenged you beyond your capacity. Yes, it is the bank that issued the Visa / Mastercard that must not be denied their interest payments. And it is the banksters who are the donor class the politicians work for. Put money into the pockets of the flyover country and inner city citizenry and that money (either in cash or via credit card) soon finds its way to McDonalds, Home Depot, Target, and the rest of them. These corporations are then able to pay their management and reward their shareholders. The Money-Go-Round, get it? Take away credit from the ever-increasing rabble and what do you have? Answer: quick and hard descent to Revolution.

What an arrogant dumb ass you are. You got your facts wrong then talk about people's capacity to understand.

People adapt to their circumstances, we have built a consumer economy based on debt. The minute you properly incent savings and disincent debt you start going the other way. We just need to have the courage to do it. But as long as the population want to be fooled and there are those to fool them we will go further and further into the abyss. This printing and easing plan is not going to work forever and whether an inflationary crisis or a deflationary spiral, both can ignite unrest.

[Master Monger]

Unsure what change you are suggesting.

I think you have a comprehension problem currently the US dollar is printed by the federal reserve which is not a government agency it is completely controlled by the world bank. In the current system we are controlled by the world bank and must pay them $700 billion every year in interest or they can manipulate their monetary System to cause us harm.

If the United States government started printing its own money we could pay back our debt at our leisure because the United States is the most powerful country in the world. Currently the world bank values money off of fractional lending which means a country's money can be worth Nine times more than the current amount of money deposited in the banks.

Eliminating the $700 billion we pay in interest every year will also make the new currency Printed by the United States government more valuable As we would have less of a debt liability.

We also need to change the government system so there are no longer Political parties or campaign contributions as I explained in my previous post. News should also be presented by an entity that cannot be enticed by money such as a tax funded news outlet that will guarantee fake news is a thing of the past.

The current system is completely messed up since shortly after World War II until now. If you can't see that ask somebody to look into the information and translate it for you into layman's terms because I don't have the time.

Pretending to vote for the president or even worrying about any politician until we fix the system is completely futile because the politicians will do whatever the people paying them tell them to do.