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| Budget and Taxes Do you feel that raising taxes will help solve the debt of the United States? Are you a fan of Reaganomics? |
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| | #1 (permalink) | |||||||||||||||||||||
| Head of Security Join Date: May 2005 Location: The Cradle of Liberty Gender: ![]() Posts: 10,352 Country: ![]()
| Understanding the Federal Reserve This should Scare the Shit out of you! Fight the good fight, and die with the enemy's heart in your hand. http://www.armysailor.com http://www.tadpolenet.com/techblog ------------------------------------ Check out my latest addition to the blogosphere Quixotic Journey | |||||||||||||||||||||
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| Citizen ![]() Join Date: Aug 2008 Location: Illinois Gender: ![]() Posts: 4 Country: ![]()
| I don't like the whole conspiracy approach the video seems to take, but the problems the fed have causes are very large. IMO, it should be abolished completely. | |||||||||||||||||||||
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| Village Idiot Join Date: Jul 2008 Gender: ![]() Posts: 1,220
| Quote: 2. Why should Politicians control the Fed Reserve, what credentials do politicians have to hold such a position? 3. Does anyone know the track record of politicians controlling money reserves in other countries? | ||||||||||||||||||||||
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| Congressional Representative ![]() Join Date: Feb 2006 Location: California Dreamin Posts: 3,393
| We have a clause in Section 30 of the Federal Reserve Act of 1913 allowing the US to buy back the Federal Reserve Corporation for roughly $500 billion dollars any time we wish. We may also abolish the Federal Reserve Corporation, or repeal the act, our choice. The last provision of the Federal Reserve Act of 1913, Sec. 30 states “the right to amend, alter or repeal this act is expressly reserved.” This language “means” that congress can at any time move to abolish the Federal Reserve System, or buy back the stock and make it part of the Treasury Department, or to alter the system as it sees fit. It has never done so. Should we buy it back, the $500 billion represents outstanding stock shares. http://www.stanley2002.org/How_Can_W...Flyer_Back.pdf Live the Light, Give the Light, Bring Heaven to Earth Every Day! I am not a human being having a spiritual experience, I am a spiritual being having a human experience. The ancient Greeks used to say, "You shall know a man by the friends that he keeps." Given the nature of their friends and advisers, what are we to conclude about the Republican party: Stop the madness before us it stops! Σταματήστε την τρέλα προτού να μας σταματήσεϊ Greek | |||||||||||||||||||||
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