American Politics

[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.

[ScatManDoo]

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. Diamonds are worth as much as crushed carbon to anyone with an IQ over 120. Gold isn't much better as it has such limited use. Platinum or Titanium are some valuable metals that will never lose their value. We must implement the change to save 680 billion a year. We can still pay the world bank 20 billion a year for a 1000 years!

Unsure what change you are suggesting.

Currently our United States dollars are not backed by precious metals (as dollars stopped being backed by gold reserves over 87 years ago).

So currently our United States dollars are based on not much beyond the power and resources of the United States.

And the Fed already prints as much new money as the fed desires.

So I guess you are in favor of our current system?

[Master Monger]

The majority of USA currency in circulation is circulating abroad. It is America's biggest export at this stage. The last thing you want to do is call it in, at least not before all the appropriate people convert their Federal Reserve banknotes into diamonds and are keeping them in little bags they're wearing around their necks.

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. Diamonds are worth as much as crushed carbon to anyone with an IQ over 120. Gold isn't much better as it has such limited use. Platinum or Titanium are some valuable metals that will never lose their value. We must implement the change to save 680 billion a year. We can still pay the world bank 20 billion a year for a 1000 years!

[GDreams]

Lets do a recap. Debt when Dubbya assumed office 5. 7 T, when Obama assumed office it was 10.6 T and when Trump took over it was 20T.
Any honest individual would agree this is a bipartisan screw job. Trump is certainly not doing anything to help, but this thing has been going on well before him.

Dubbya walked into a strong economy and proceeded to put it into meltdown with unnecessary tax cuts and unnecessary wars. Obama waked into a basket case and tuned it into a stable economy. The deficit was contracting to less than 400 b a year despite Republican refusal to raise taxes. Trump was generating $1 T a year deficits in a strong economy. Now they are running hundreds of billions a month with no plan to address it.

[ScatManDoo]

Nate Silver in 2016 gave Trump a 29% chance of beating Hillary Clinton. How professional and reliable was that?

Russia rigged the vote.

There really was more people that voted for Hillary.

(Hope no one takes me seriously).

[Golfinho]

That the gov is doing it for corporations is the ultimate rationalization of your mindset. You are basically questioning the fundamental tenets of capitalism having benefitted in its busom for decades. Sad.
You travel and monger today purely because you are from a country that has succeeded in capitalism.

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.

[Golfinho]

26 Trillion in national debt in the US solved in 30 days. Tell people To transfer all their money into private banks then after 30 days close all central banks and sister banks. Collect all the cash from the people and give them new money printed directly by the US government at an equal rate. Then return all the money printed by the federal reserve back to the federal reserve. Any outstanding debt offer the world bank repayment over 1000 years at 0% interest rate!

A debt that can't be repaid, won't be repaid. Economics 101, Day 1.

The majority of USA currency in circulation is circulating abroad. It is America's biggest export at this stage. The last thing you want to do is call it in, at least not before all the appropriate people convert their Federal Reserve banknotes into diamonds and are keeping them in little bags they're wearing around their necks.