🚀 go-pugleaf

<rudy-canoza@excite.com> wrote

> In the mid 80's I first became curious about the elusive, all powerful
> Federal Reserve.



And yet, with all the resourcs available to you then, and all that have come 
since, you still are clueless.





-- 
If electricity comes from electrons, does morality come from morons?
----------------
Paul A. Thomas, CPA
Athens, Georgia

Paul Thomas, CPA wrote:
> <rudy-canoza@excite.com> wrote
> 
> 
>>In the mid 80's I first became curious about the elusive, all powerful
>>Federal Reserve.
> 
> 
> 
> 
> And yet, with all the resourcs available to you then, and all that have come 
> since, you still are clueless.
> 
> 
> 
> 
> 

Please enlighten us! Is there a crisis coming and if so... who is to blame?

"Tom P" <nospam@nospam.com> wrote
> Please enlighten us! Is there a crisis coming


Depends on how you envision what a "crisis" is.

Some people think that not having place markers at the banquet table is a 
crisis.  And others think that running out of chips and beer during the 
World Series or Superbowl is a crisis.

And yes, there are quite more serious issues out there that will (if not 
already) be impacting different parts of the country and/or world.

It may be that, like running out of toilet paper while sitting on the 
commode, be a more localized crisis.  Or it may be more regional in scope, 
like the current drought and water shortage in the southeastern US.






> and if so... who is to blame?


Generally you can always point to the folks IN the crisis for most of the 
blame.  Always make sure you have place markers, chips and beer if that is 
important to you.  Always check to be sure the replacement roll is close at 
hand before you drop your pants and take a seat.  Pace your personal 
consumption of limited resources (be it cash, water, food, air, etc) to get 
you through whatever life throws at you.


To the possible point of the OP's post, is the a looming financial crisis? 
Maybe so, depends on if you created one for yourself or not.

But, for the people who haven't put themselves in that situation, there's no 
looming crisis, although there may be some negative impact from the other 
personal crisis ongoing around them with friends, family, co-workers, 
customers & clients, suppliers, etc and so on.

But, for every crisis, there is opportunity.  So those poised to take 
advantage of someone else's "crisis" may find a boon for themselves.



-- 
"For those who believe, no explanation is necessary.  For
those who do not, none will suffice." - Joseph Dunniger

Paul A. Thomas, CPA
Athens, Georgia

I thought you knew something but all you are doing is naval gazing.

The origional post pointed out that the Federal Reserve is privately 
owned and the owners of that organization is responsible for the 
economic welfare of the country. That is a scary thought to think that 
the US economy is guided by those individuals. Whatever happened to "We 
the people"?

On Oct 16, 7:03 pm, Tom P <nos...@nospam.com> wrote:
> I thought you knew something but all you are doing is naval gazing.
>
> The origional post pointed out that the Federal Reserve is privately
> owned and the owners of that organization is responsible for the
> economic welfare of the country. That is a scary thought to think that
> the US economy is guided by those individuals. Whatever happened to "We
> the people"?

Abbot) Tom, that is inaccurate. The Fed ulimately answers to Congress
and it is not in charge of the "economic welfare of the country".
Maybe if you knew what you were talking about you won't be so scared.

"Tom P" <nospam@nospam.com> wrote in message 
news:vrbRi.19034$UN.2765@newsfe24.lga...
>
> I thought you knew something but all you are doing is naval gazing.

And you proceed top prove you know nothing about the subject.

> The origional post pointed out that the Federal Reserve is privately owned

The Federal Reserve is not privately owned. Never was, is not now, nor will 
it ev er be.

> and the owners of that organization is responsible for the economic 
> welfare of the country. That is a scary thought to think that the US 
> economy is guided by those individuals. Whatever happened to "We the 
> people"?

Let me ask you a simple question.

I come to you and ask you to invest in a new company called "A". But you can 
only buy stock, in a quantity and at a price I set. And if you ever want to 
sell that stock, you have to sell it back only to me at the same price you 
paid for it. Not a penny more, not a penny less. No one else can buy that 
stock from you no matter how much they might be willing to pay.

By buying this stock, you are now allowed to conduct a specified type of 
business, and unless you buy this stock you cannot indulge in that business. 
In addition, you get to vote on who the Directors of Company "A" are.
Unlike Directors of other companies, Company "A" are only able to act in 
accordance with the Decisions, and rules set down by a Board, I appoint with 
no input from you and your fellow stockholders.

Like most Companies, your Directors can, assuming "A" operates at a profit, 
declare or not declare a dividend payable to you the stockholders. But if 
they do, it can never exceed a sum equal to 6% of the value of your stock no 
matter how profitable the company may have been that year. And any profit 
they don't need to keep to operate the business they must pay to me EVEN IF 
THEY DID NOT PAY YOU A PENNY.

1) Would you make the investment?
2) Would you consider yourself to really be an owner of this company whose 
stock you own?
3) Who do you think really owns Company "A"

The scary part is not that the Federal Reserve System has a lot to say in 
what happens to the economy of this country, but that morons like you have 
no clue what the Fed is, how it operates, or who ultimately owns and 
controls it . Yet, despite this total lack of functional knowledge, you spew 
moronic nonsense as if it were fact. 

Abbot wrote:

> 
> Abbot) Tom, that is inaccurate. The Fed ulimately answers to Congress
> and it is not in charge of the "economic welfare of the country".
> Maybe if you knew what you were talking about you won't be so scared.
> 

If the Fed has to report to Congress, and there is no benefit to 
ownership, then why would anyone want to own it? Why is it privately owned?

Paul Maffia wrote:
> "Tom P" <nospam@nospam.com> wrote in message 
> news:vrbRi.19034$UN.2765@newsfe24.lga...
> 
>>
>> I thought you knew something but all you are doing is naval gazing.
> 
> 
> And you proceed top prove you know nothing about the subject.
> 
>> The origional post pointed out that the Federal Reserve is privately 
>> owned
> 
> 
> The Federal Reserve is not privately owned. Never was, is not now, nor 
> will it ev er be.
> 


  The Federal Reserve System, created in 1913, is a private banking 
system composed of (1) the presidentially-appointed Board of Governors 
of the Federal Reserve System in Washington, D.C.; (2) the Federal Open 
Market Committee; (3) 12 regional Federal Reserve Banks located in major 
cities throughout the nation acting as fiscal agents for the U.S. 
Treasury, each with its own nine-member board of directors; (4) numerous 
private U.S. member banks, which subscribe to required amounts of 
non-transferable stock in their regional Federal Reserve Banks; and (5) 
various advisory councils.

http://en.wikipedia.org/wiki/Federal_Reserve_System


>> and the owners of that organization is responsible for the economic 
>> welfare of the country. That is a scary thought to think that the US 
>> economy is guided by those individuals. Whatever happened to "We the 
>> people"?
> 
> 
> Let me ask you a simple question.
> 
> I come to you and ask you to invest in a new company called "A". But you 
> can only buy stock, in a quantity and at a price I set. And if you ever 
> want to sell that stock, you have to sell it back only to me at the same 
> price you paid for it. Not a penny more, not a penny less. No one else 
> can buy that stock from you no matter how much they might be willing to 
> pay.
> 
> By buying this stock, you are now allowed to conduct a specified type of 
> business, and unless you buy this stock you cannot indulge in that 
> business. In addition, you get to vote on who the Directors of Company 
> "A" are.
> Unlike Directors of other companies, Company "A" are only able to act in 
> accordance with the Decisions, and rules set down by a Board, I appoint 
> with no input from you and your fellow stockholders.
> 
> Like most Companies, your Directors can, assuming "A" operates at a 
> profit, declare or not declare a dividend payable to you the 
> stockholders. But if they do, it can never exceed a sum equal to 6% of 
> the value of your stock no matter how profitable the company may have 
> been that year. And any profit they don't need to keep to operate the 
> business they must pay to me EVEN IF THEY DID NOT PAY YOU A PENNY.
> 
> 1) Would you make the investment?
> 2) Would you consider yourself to really be an owner of this company 
> whose stock you own?
> 3) Who do you think really owns Company "A"
> 
> The scary part is not that the Federal Reserve System has a lot to say 
> in what happens to the economy of this country, but that morons like you 
> have no clue what the Fed is, how it operates, or who ultimately owns 
> and controls it . Yet, despite this total lack of functional knowledge, 
> you spew moronic nonsense as if it were fact.

Ah, the moron comes back with a Wikipedia cite.
"Tom P" <nospam@nospam.com> wrote in message 
news:IpeRi.9838$BT5.8208@newsfe18.lga...
> Paul Maffia wrote:
>> "Tom P" <nospam@nospam.com> wrote in message 
>> news:vrbRi.19034$UN.2765@newsfe24.lga...
>>
>>>
>>> I thought you knew something but all you are doing is naval gazing.
>>
>>
>> And you proceed top prove you know nothing about the subject.
>>
>>> The origional post pointed out that the Federal Reserve is privately 
>>> owned
>>
>>
>> The Federal Reserve is not privately owned. Never was, is not now, nor 
>> will it ev er be.
>>
>
>
>  The Federal Reserve System, created in 1913, is a private banking system 
> composed of (1) the presidentially-appointed Board of Governors of the 
> Federal Reserve System in Washington, D.C.; (2) the Federal Open Market 
> Committee; (3) 12 regional Federal Reserve Banks located in major cities 
> throughout the nation acting as fiscal agents for the U.S. Treasury, each 
> with its own nine-member board of directors; (4) numerous private U.S. 
> member banks, which subscribe to required amounts of non-transferable 
> stock in their regional Federal Reserve Banks; and (5) various advisory 
> councils.
>
> http://en.wikipedia.org/wiki/Federal_Reserve_System
>

Unfortunately, wikipedia is incorrect when it says, "...   is a private 
banking system ... ."
To be accurate it should have said that the System is a quasi Government and 
quasi private banking system. That means it is a combination of both. Read 
the law, moron!

Of course, since you have no functional knowledge of The Fed, you have no 
basis to judge if the wikipedia article is correct or not.

I notice you did not bother to  read what I wrote below and answer the 
questions. Of course, if you could read and understand English and had 
actually understood what I wrote you would not sit on your ass a cite a 
source that makes an incorrect statement.

You are a moron!
>>> and the owners of that organization is responsible for the economic 
>>> welfare of the country. That is a scary thought to think that the US 
>>> economy is guided by those individuals. Whatever happened to "We the 
>>> people"?
>>
>>
>> Let me ask you a simple question.
>>
>> I come to you and ask you to invest in a new company called "A". But you 
>> can only buy stock, in a quantity and at a price I set. And if you ever 
>> want to sell that stock, you have to sell it back only to me at the same 
>> price you paid for it. Not a penny more, not a penny less. No one else 
>> can buy that stock from you no matter how much they might be willing to 
>> pay.
>>
>> By buying this stock, you are now allowed to conduct a specified type of 
>> business, and unless you buy this stock you cannot indulge in that 
>> business. In addition, you get to vote on who the Directors of Company 
>> "A" are.
>> Unlike Directors of other companies, Company "A" are only able to act in 
>> accordance with the Decisions, and rules set down by a Board, I appoint 
>> with no input from you and your fellow stockholders.
>>
>> Like most Companies, your Directors can, assuming "A" operates at a 
>> profit, declare or not declare a dividend payable to you the 
>> stockholders. But if they do, it can never exceed a sum equal to 6% of 
>> the value of your stock no matter how profitable the company may have 
>> been that year. And any profit they don't need to keep to operate the 
>> business they must pay to me EVEN IF THEY DID NOT PAY YOU A PENNY.
>>
>> 1) Would you make the investment?
>> 2) Would you consider yourself to really be an owner of this company 
>> whose stock you own?
>> 3) Who do you think really owns Company "A"
>>
>> The scary part is not that the Federal Reserve System has a lot to say in 
>> what happens to the economy of this country, but that morons like you 
>> have no clue what the Fed is, how it operates, or who ultimately owns and 
>> controls it . Yet, despite this total lack of functional knowledge, you 
>> spew moronic nonsense as if it were fact. 

"Tom P" <nospam@nospam.com> wrote
> The origional post pointed out that the
> Federal Reserve is privately owned



You have got to be kidding - right.



> and the owners of that organization is responsible
> for the economic welfare of the country.



Let me ask you this:  Who is responsible for ~your~ economic welfare?

If you aren't still attached to your mamma's apron strings, that'd be 
~~YOU~~.

If that holds true for every adult in this country (ie: the improbable 
concept of individual responsibility) then how can someone else be 
responsible for the economic welfare of the entire country?

This country isn't a piece of dirt, it's the total sum of individuals.  OUR 
actions carry more weight than any single or combined policy that any 
government can ever throw down.

To believe otherwise is to believe that, and act like, you are a puppet on a 
string.  Are you?






> That is a scary thought to think that the US
> economy is guided by those individuals.



What's scarier is that you don't believe you have control over you.

What do you think the economy IS exactly?  It's the combined actions (buying 
and selling) of people like ~~you~~.

You, and all the "yous" like you are the economy.  Who's leading you?  More 
to the point, whose lead are you following?




> Whatever happened to "We the people"?


Don't know, what'd you do with it.




-- 
"For those who believe, no explanation is necessary.  For
those who do not, none will suffice." - Joseph Dunniger

Paul A. Thomas, CPA
Athens, Georgia

"Paul Maffia" <pmaffia@centurytel.net> wrote
> Ah, the moron comes back with a Wikipedia cite.
> "Tom P" <nospam@nospam.com> wrote in message 
> news:IpeRi.9838$BT5.8208@newsfe18.lga...
>> Paul Maffia wrote:
>>> "Tom P" <nospam@nospam.com> wrote in message 
>>> news:vrbRi.19034$UN.2765@newsfe24.lga...
>>>
>>>>
>>>> I thought you knew something but all you are doing is naval gazing.
>>>
>>>
>>> And you proceed top prove you know nothing about the subject.
>>>
>>>> The origional post pointed out that the Federal Reserve is privately 
>>>> owned
>>>
>>>
>>> The Federal Reserve is not privately owned. Never was, is not now, nor 
>>> will it ev er be.
>>>
>>
>>
>>  The Federal Reserve System, created in 1913, is a private banking system 
>> composed of (1) the presidentially-appointed Board of Governors of the 
>> Federal Reserve System in Washington, D.C.; (2) the Federal Open Market 
>> Committee; (3) 12 regional Federal Reserve Banks located in major cities 
>> throughout the nation acting as fiscal agents for the U.S. Treasury, each 
>> with its own nine-member board of directors; (4) numerous private U.S. 
>> member banks, which subscribe to required amounts of non-transferable 
>> stock in their regional Federal Reserve Banks; and (5) various advisory 
>> councils.
>>
>> http://en.wikipedia.org/wiki/Federal_Reserve_System
>>
>
> Unfortunately, wikipedia is incorrect when it says, "...   is a private 
> banking system ... ."
> To be accurate it should have said that the System is a quasi Government 
> and quasi private banking system. That means it is a combination of both. 
> Read the law, moron!



Read the words people.


It's a "private banking SYSTEM", not an indication of ownership.


It's a "private banking SYSTEM" in that you and I can not go there and open 
up a checking account, borrow money, make deposits, etc that we can do at 
any other bank in the country that is part of the "PUBLIC banking system".

Only other banks can bank there.





Good Lord.






-- 
Two Reasons Why It's So Hard To Solve A Redneck Murder:
1. All the DNA is the same.
2. There are no dental records.
--------------------------
Paul A. Thomas, CPA
Athens, Georgia

On Oct 16, 9:14 pm, "Paul Maffia" <pmaf...@centurytel.net> wrote:
> Ah, the moron comes back with a Wikipedia cite."Tom P" <nos...@nospam.com> wrote in message
>
> news:IpeRi.9838$BT5.8208@newsfe18.lga...
>
>
>
> > Paul Maffia wrote:
> >> "Tom P" <nos...@nospam.com> wrote in message
> >>news:vrbRi.19034$UN.2765@newsfe24.lga...
>
> >>> I thought you knew something but all you are doing is naval gazing.
>
> >> And you proceed top prove you know nothing about the subject.
>
> >>> The origional post pointed out that the Federal Reserve is privately
> >>> owned
>
> >> The Federal Reserve is not privately owned. Never was, is not now, nor
> >> will it ev er be.
>
> >  The Federal Reserve System, created in 1913, is a private banking system
> > composed of (1) the presidentially-appointed Board of Governors of the
> > Federal Reserve System in Washington, D.C.; (2) the Federal Open Market
> > Committee; (3) 12 regional Federal Reserve Banks located in major cities
> > throughout the nation acting as fiscal agents for the U.S. Treasury, each
> > with its own nine-member board of directors; (4) numerous private U.S.
> > member banks, which subscribe to required amounts of non-transferable
> > stock in their regional Federal Reserve Banks; and (5) various advisory
> > councils.
>
> >http://en.wikipedia.org/wiki/Federal_Reserve_System
>
> Unfortunately, wikipedia is incorrect when it says, "...   is a private
> banking system ... ."
> To be accurate it should have said that the System is a quasi Government and
> quasi private banking system. That means it is a combination of both. Read
> the law, moron!
>
Quasi-government means "private" business with a "public" purpose.
The FE Banks are privately owned.
The government owns "stock" in the FED.

> Of course, since you have no functional knowledge of The Fed, you have no
> basis to judge if the wikipedia article is correct or not.
>
Wiki is a joke.
Easily changed and proven to have been mnipulated by the CIA amoung
others.

> I notice you did not bother to  read what I wrote below and answer the
> questions. Of course, if you could read and understand English and had
> actually understood what I wrote you would not sit on your ass a cite a
> source that makes an incorrect statement.
>
> You are a moron!
>
> >>> and the owners of that organization is responsible for the economic
> >>> welfare of the country. That is a scary thought to think that the US
> >>> economy is guided by those individuals. Whatever happened to "We the
> >>> people"?
>
> >> Let me ask you a simple question.
>
> >> I come to you and ask you to invest in a new company called "A". But you
> >> can only buy stock, in a quantity and at a price I set. And if you ever
> >> want to sell that stock, you have to sell it back only to me at the same
> >> price you paid for it. Not a penny more, not a penny less. No one else
> >> can buy that stock from you no matter how much they might be willing to
> >> pay.
>
> >> By buying this stock, you are now allowed to conduct a specified type of
> >> business, and unless you buy this stock you cannot indulge in that
> >> business. In addition, you get to vote on who the Directors of Company
> >> "A" are.
> >> Unlike Directors of other companies, Company "A" are only able to act in
> >> accordance with the Decisions, and rules set down by a Board, I appoint
> >> with no input from you and your fellow stockholders.
>
> >> Like most Companies, your Directors can, assuming "A" operates at a
> >> profit, declare or not declare a dividend payable to you the
> >> stockholders. But if they do, it can never exceed a sum equal to 6% of
> >> the value of your stock no matter how profitable the company may have
> >> been that year. And any profit they don't need to keep to operate the
> >> business they must pay to me EVEN IF THEY DID NOT PAY YOU A PENNY.
>
> >> 1) Would you make the investment?
> >> 2) Would you consider yourself to really be an owner of this company
> >> whose stock you own?
> >> 3) Who do you think really owns Company "A"
>
> >> The scary part is not that the Federal Reserve System has a lot to say in
> >> what happens to the economy of this country, but that morons like you
> >> have no clue what the Fed is, how it operates, or who ultimately owns and
> >> controls it . Yet, despite this total lack of functional knowledge, you
> >> spew moronic nonsense as if it were fact.

And YOU haven't proven that it operates OTHERWISE.
Why are you such a FED Bootlicker?
Are you happy to see America sold into debt SLAVERY?
http://www.strike-the-root.com/4/smith/smith5.html
http://www.loan9.net/20010045.html
And why do they alway want to kill people who expose their Ponzi
scheme?
http://www.apfn.net/Doc-100_bankruptcy28.htm

On Oct 17, 11:13 am, knews4u2c...@yahoo.com wrote:
> On Oct 16, 9:14 pm, "Paul Maffia" <pmaf...@centurytel.net> wrote:
>
> > Ah, the moron comes back with a Wikipedia cite."Tom P" <nos...@nospam.com> wrote in message
>
> >news:IpeRi.9838$BT5.8208@newsfe18.lga...
>
> > > Paul Maffia wrote:
> > >> "Tom P" <nos...@nospam.com> wrote in message
> > >>news:vrbRi.19034$UN.2765@newsfe24.lga...
>
> > >>> I thought you knew something but all you are doing is naval gazing.
>
> > >> And you proceed top prove you know nothing about the subject.
>
> > >>> The origional post pointed out that the Federal Reserve is privately
> > >>> owned
>
> > >> The Federal Reserve is not privately owned. Never was, is not now, nor
> > >> will it ev er be.
>
> > >  The Federal Reserve System, created in 1913, is a private banking system
> > > composed of (1) the presidentially-appointed Board of Governors of the
> > > Federal Reserve System in Washington, D.C.; (2) the Federal Open Market
> > > Committee; (3) 12 regional Federal Reserve Banks located in major cities
> > > throughout the nation acting as fiscal agents for the U.S. Treasury, each
> > > with its own nine-member board of directors; (4) numerous private U.S.
> > > member banks, which subscribe to required amounts of non-transferable
> > > stock in their regional Federal Reserve Banks; and (5) various advisory
> > > councils.
>
> > >http://en.wikipedia.org/wiki/Federal_Reserve_System
>
> > Unfortunately, wikipedia is incorrect when it says, "...   is a private
> > banking system ... ."
> > To be accurate it should have said that the System is a quasi Government and
> > quasi private banking system. That means it is a combination of both. Read
> > the law, moron!
>
> Quasi-government means "private" business with a "public" purpose.
> The FE Banks are privately owned.
> The government owns "stock" in the FED.
>
> > Of course, since you have no functional knowledge of The Fed, you have no
> > basis to judge if the wikipedia article is correct or not.
>
> Wiki is a joke.
> Easily changed and proven to have been mnipulated by the CIA amoung
> others.
>
>
>
> > I notice you did not bother to  read what I wrote below and answer the
> > questions. Of course, if you could read and understand English and had
> > actually understood what I wrote you would not sit on your ass a cite a
> > source that makes an incorrect statement.
>
> > You are a moron!
>
> > >>> and the owners of that organization is responsible for the economic
> > >>> welfare of the country. That is a scary thought to think that the US
> > >>> economy is guided by those individuals. Whatever happened to "We the
> > >>> people"?
>
> > >> Let me ask you a simple question.
>
> > >> I come to you and ask you to invest in a new company called "A". But you
> > >> can only buy stock, in a quantity and at a price I set. And if you ever
> > >> want to sell that stock, you have to sell it back only to me at the same
> > >> price you paid for it. Not a penny more, not a penny less. No one else
> > >> can buy that stock from you no matter how much they might be willing to
> > >> pay.
>
> > >> By buying this stock, you are now allowed to conduct a specified type of
> > >> business, and unless you buy this stock you cannot indulge in that
> > >> business. In addition, you get to vote on who the Directors of Company
> > >> "A" are.
> > >> Unlike Directors of other companies, Company "A" are only able to act in
> > >> accordance with the Decisions, and rules set down by a Board, I appoint
> > >> with no input from you and your fellow stockholders.
>
> > >> Like most Companies, your Directors can, assuming "A" operates at a
> > >> profit, declare or not declare a dividend payable to you the
> > >> stockholders. But if they do, it can never exceed a sum equal to 6% of
> > >> the value of your stock no matter how profitable the company may have
> > >> been that year. And any profit they don't need to keep to operate the
> > >> business they must pay to me EVEN IF THEY DID NOT PAY YOU A PENNY.
>
> > >> 1) Would you make the investment?
> > >> 2) Would you consider yourself to really be an owner of this company
> > >> whose stock you own?
> > >> 3) Who do you think really owns Company "A"
>
> > >> The scary part is not that the Federal Reserve System has a lot to say in
> > >> what happens to the economy of this country, but that morons like you
> > >> have no clue what the Fed is, how it operates, or who ultimately owns and
> > >> controls it . Yet, despite this total lack of functional knowledge, you
> > >> spew moronic nonsense as if it were fact.
>
> And YOU haven't proven that it operates OTHERWISE.
> Why are you such a FED Bootlicker?
> Are you happy to see America sold into debt SLAVERY?
> And why do they alway want to kill people who expose their Ponzi

Don't let those CIA agents upset you knews,  Your moronic gibberish
can be corrected by simply wearing the tin foil hat.
Remember, the federal agents may be listening in !

<knowsnothing@yeehaw.com> wrote
> Wiki is a joke.
> Easily changed and proven to have been
> mnipulated by the CIA amoung others.






Chewy, have you considered that Rense is CIA controlled as well.  In fact, 
it makes sense that they'd have control of the anti-establishment propaganda 
machine as well.




-- 
If electricity comes from electrons, does morality come from morons?
----------------
Paul A. Thomas, CPA
Athens, Georgia

On Oct 17, 11:13 am, knews4u2c...@yahoo.com wrote:
> On Oct 16, 9:14 pm, "Paul Maffia" <pmaf...@centurytel.net> wrote:
>
> > Ah, the moron comes back with a Wikipedia cite."Tom P" <nos...@nospam.com> wrote in message
>
> >news:IpeRi.9838$BT5.8208@newsfe18.lga...
>
> > > Paul Maffia wrote:
> > >> "Tom P" <nos...@nospam.com> wrote in message
> > >>news:vrbRi.19034$UN.2765@newsfe24.lga...
>
> > >>> I thought you knew something but all you are doing is naval gazing.
>
> > >> And you proceed top prove you know nothing about the subject.
>
> > >>> The origional post pointed out that the Federal Reserve is privately
> > >>> owned
>
> > >> The Federal Reserve is not privately owned. Never was, is not now, nor
> > >> will it ev er be.
>
> > >  The Federal Reserve System, created in 1913, is a private banking system
> > > composed of (1) the presidentially-appointed Board of Governors of the
> > > Federal Reserve System in Washington, D.C.; (2) the Federal Open Market
> > > Committee; (3) 12 regional Federal Reserve Banks located in major cities
> > > throughout the nation acting as fiscal agents for the U.S. Treasury, each
> > > with its own nine-member board of directors; (4) numerous private U.S.
> > > member banks, which subscribe to required amounts of non-transferable
> > > stock in their regional Federal Reserve Banks; and (5) various advisory
> > > councils.
>
> > >http://en.wikipedia.org/wiki/Federal_Reserve_System
>
> > Unfortunately, wikipedia is incorrect when it says, "...   is a private
> > banking system ... ."
> > To be accurate it should have said that the System is a quasi Government and
> > quasi private banking system. That means it is a combination of both. Read
> > the law, moron!
>
> Quasi-government means "private" business with a "public" purpose.
> The FE Banks are privately owned.
> The government owns "stock" in the FED.
>
> > Of course, since you have no functional knowledge of The Fed, you have no
> > basis to judge if the wikipedia article is correct or not.
>
> Wiki is a joke.
> Easily changed and proven to have been mnipulated by the CIA amoung
> others.
>
>
>
> > I notice you did not bother to  read what I wrote below and answer the
> > questions. Of course, if you could read and understand English and had
> > actually understood what I wrote you would not sit on your ass a cite a
> > source that makes an incorrect statement.
>
> > You are a moron!
>
> > >>> and the owners of that organization is responsible for the economic
> > >>> welfare of the country. That is a scary thought to think that the US
> > >>> economy is guided by those individuals. Whatever happened to "We the
> > >>> people"?
>
> > >> Let me ask you a simple question.
>
> > >> I come to you and ask you to invest in a new company called "A". But you
> > >> can only buy stock, in a quantity and at a price I set. And if you ever
> > >> want to sell that stock, you have to sell it back only to me at the same
> > >> price you paid for it. Not a penny more, not a penny less. No one else
> > >> can buy that stock from you no matter how much they might be willing to
> > >> pay.
>
> > >> By buying this stock, you are now allowed to conduct a specified type of
> > >> business, and unless you buy this stock you cannot indulge in that
> > >> business. In addition, you get to vote on who the Directors of Company
> > >> "A" are.
> > >> Unlike Directors of other companies, Company "A" are only able to act in
> > >> accordance with the Decisions, and rules set down by a Board, I appoint
> > >> with no input from you and your fellow stockholders.
>
> > >> Like most Companies, your Directors can, assuming "A" operates at a
> > >> profit, declare or not declare a dividend payable to you the
> > >> stockholders. But if they do, it can never exceed a sum equal to 6% of
> > >> the value of your stock no matter how profitable the company may have
> > >> been that year. And any profit they don't need to keep to operate the
> > >> business they must pay to me EVEN IF THEY DID NOT PAY YOU A PENNY.
>
> > >> 1) Would you make the investment?
> > >> 2) Would you consider yourself to really be an owner of this company
> > >> whose stock you own?
> > >> 3) Who do you think really owns Company "A"
>
> > >> The scary part is not that the Federal Reserve System has a lot to say in
> > >> what happens to the economy of this country, but that morons like you
> > >> have no clue what the Fed is, how it operates, or who ultimately owns and
> > >> controls it . Yet, despite this total lack of functional knowledge, you
> > >> spew moronic nonsense as if it were fact.
>
> And YOU haven't proven that it operates OTHERWISE.
> Why are you such a FED Bootlicker?
> Are you happy to see America sold into debt SLAVERY?
> And why do they alway want to kill people who expose their Ponzi

"despite this total lack of functional knowledge, you spew moronic
nonsense as if it were fact"

Don't let the CIA agents upset you knews, Your moronic gibberish can
be corrected by simply wearing the tin foil hat.
Remember, the federal agents may be watching!

Paul Maffia wrote:

> Ah, the moron comes back with a Wikipedia cite.
> "Tom P" <nospam@nospam.com> wrote in message 
> news:IpeRi.9838$BT5.8208@newsfe18.lga...
> 
>> Paul Maffia wrote:
>>
>>> "Tom P" <nospam@nospam.com> wrote in message 
>>> news:vrbRi.19034$UN.2765@newsfe24.lga...
>>>
>>>>
>>>> I thought you knew something but all you are doing is naval gazing.
>>>
>>>
>>>
>>> And you proceed top prove you know nothing about the subject.
>>>
>>>> The origional post pointed out that the Federal Reserve is privately 
>>>> owned
>>>
>>>
>>>
>>> The Federal Reserve is not privately owned. Never was, is not now, 
>>> nor will it ev er be.
>>>
>>
>>
>>  The Federal Reserve System, created in 1913, is a private banking 
>> system composed of (1) the presidentially-appointed Board of Governors 
>> of the Federal Reserve System in Washington, D.C.; (2) the Federal 
>> Open Market Committee; (3) 12 regional Federal Reserve Banks located 
>> in major cities throughout the nation acting as fiscal agents for the 
>> U.S. Treasury, each with its own nine-member board of directors; (4) 
>> numerous private U.S. member banks, which subscribe to required 
>> amounts of non-transferable stock in their regional Federal Reserve 
>> Banks; and (5) various advisory councils.
>>
>> http://en.wikipedia.org/wiki/Federal_Reserve_System
>>
> 
> Unfortunately, wikipedia is incorrect when it says, "...   is a private 
> banking system ... ."
> To be accurate it should have said that the System is a quasi Government 
> and quasi private banking system. That means it is a combination of 
> both. Read the law, moron!
> 
> Of course, since you have no functional knowledge of The Fed, you have 
> no basis to judge if the wikipedia article is correct or not.
> 
> I notice you did not bother to  read what I wrote below and answer the 
> questions. Of course, if you could read and understand English and had 
> actually understood what I wrote you would not sit on your ass a cite a 
> source that makes an incorrect statement.
> 
> You are a moron!

Are you so insecure in your beliefs that you resort to attacking anyone 
that disagrees with you? That is not how intelligent debate goes. Io 
you, everyone else is wrong and you are right without providing any 
proof to back up your postion.

You are an example of the "Ugly American"; a loudmouth jerk!

"Tom P" <nospam@nospam.com> wrote in message 
news:I4xRi.813$os2.417@newsfe19.lga...
> Are you so insecure in your beliefs that you resort to attacking anyone 
> that disagrees with you? That is not how intelligent debate goes.

Intelligent debate requires intelligence on both sides. Since you have none, 
there can be no intelligent debate.

> Io you, everyone else is wrong and you are right without providing any 
> proof to back up your postion.>

Moron, if you had actully read the Wikipedia article, you would have noted a 
contradiction in its presentation; i.e. the part you quoted erreoneously 
said it was private and much later it talks about the fact that it isn't. 
Even a moron like  you should be able to see that and wonder why.

But no, all you see is what you want to see.

I also note you have still failed to answer the questions I posed for you, 
further illustrating just how dumb you are.

> You are an example of the "Ugly American"; a loudmouth jerk!>

Your stupidity is why I "attack" you. Not because you disagree with me, but 
because you have no clue and insist you are right. 

"Abbot" <whosonfirst@emailaccount.com> wrote in message 
news:1192577198.656135.152930@z24g2000prh.googlegroups.com...
> On Oct 16, 7:03 pm, Tom P <nos...@nospam.com> wrote:
>> I thought you knew something but all you are doing is naval gazing.
>>
>> The origional post pointed out that the Federal Reserve is privately
>> owned and the owners of that organization is responsible for the
>> economic welfare of the country. That is a scary thought to think that
>> the US economy is guided by those individuals. Whatever happened to "We
>> the people"?
>
> Abbot) Tom, that is inaccurate. The Fed ulimately answers to Congress
> and it is not in charge of the "economic welfare of the country".
> Maybe if you knew what you were talking about you won't be so scared.

Actually Tom is right.

When the fed prints/create/manufactures money it dilutes the currencies 
worth.  In fact, depreciates the currencies value.  A fancy way to say the 
government isn't paying it's bills in a way that does not foster inflation. 
Canadians will also feel this pinch shortly as commercial asset backed paper 
is in liquidity trouble.  The Canadian version of the fed did the same, 
manufacture money.  Not a good thing.  The reason for the liquidity problem 
is that interest rates are artificially low when compared to inflation and 
risk.

Until interest rates hit 10% I doubt this cycle will abate.

But I do have faith in the USA, just needs a kick in the ass once and awhile 
to wake it up.  Sort of like Pearl Harbor.

"Paul Maffia" <pmaffia@centurytel.net> wrote in message 
news:6dOdnUPNOpC_EYjanZ2dnUVZ_sGvnZ2d@centurytel.net...

> Ah, the moron comes back with a Wikipedia cite.

Hm, as valid as any.

Did you think congressional due diligence has to do with keeping the dollar 
solid?

The root cause is the costs of war.  Let the turds kill each other.  It puts 
a huge drain on tax flow the government has to print/dilute the money supply 
to pay for it.  In the end the piper will be paid with US inflation rates 
going nuts.

Personally, I am for intervention into the middle east, but not Vietnam 
style.  Nuke'em or forget them.  I was a resident of the US at the 9/11, 
before and after.  I for one was all for kicking their asses and still am. 
But kick their asses or get out.  It isn't a military issues either, I would 
not want to mess with a US service person period.  It is a political foobar. 
Either win it to get the f*** out.  In half assed wars everyone loses but 
the stock holders of Raytheon, Boeing and others.

Why has it taken Bush so long to find/kill/annihilate Bin Laden anyway?  Is 
this a war to make munitions companies rich and get service people killed? 
If I tried to hide from the US government I would be bug splat.

For this, I finally cave in being a former Bush supporter and believe Bush 
screwed up. 

"Kirby M. Wilson" <kirbg1@yahoo.com> wrote in message 
news:1192639726.390870.12970@v29g2000prd.googlegroups.com...

> Don't let those CIA agents upset you knews,  Your moronic gibberish
> can be corrected by simply wearing the tin foil hat.
> Remember, the federal agents may be listening in !

Taliban - Bush - Muslim - Jihad - 911 - DC - road blocks - FBI - CIA - NSA - 
Carnivore - encrypted - secret - flight - corruption - congress - senate - 
president - collateral damage - F-22 Raptor - missiles - bridges - fear - 
terror

Yep, got their attention.  Fall of freedom to follow.

-----
Fear is to be feared in itself.  Don't be driven by fear. 

On Sat, 27 Oct 2007 23:43:00 +0000, Canuck57 wrote:

> "Kirby M. Wilson" <kirbg1@yahoo.com> wrote in message 
> news:1192639726.390870.12970@v29g2000prd.googlegroups.com...
> 
>> Don't let those CIA agents upset you knews,  Your moronic gibberish
>> can be corrected by simply wearing the tin foil hat.
>> Remember, the federal agents may be listening in !
> 
> Taliban - Bush - Muslim - Jihad - 911 - DC - road blocks - FBI - CIA - NSA - 
> Carnivore - encrypted - secret - flight - corruption - congress - senate - 
> president - collateral damage - F-22 Raptor - missiles - bridges - fear - 
> terror
> 
> Yep, got their attention.  Fall of freedom to follow.

Did they finally manage to "disappear" Abramoff?

-- 

When was the last time you heard an American politician
use the word "plutocracy"?

"Canuck57" <dave-no_spam@unixhome.net> wrote
> Did you think congressional due diligence has to do
> with keeping the dollar solid?


I don't.  It's most likely that the dollar is "solid" despite what Congress 
does.



> For this, I finally cave in being a former Bush
> supporter and believe Bush screwed up.


To believe that would be to believe he called the shots.

I remember when they stopped giving out the weekly currency in circulation 
figures in the US. This should be done again.

-- 
Read and obey the Bible. Yu'shua died on the cross for our sins, He rose 
again and walked the earth. We are awaiting the Third Coming aka The Day Of 
Judgment.

Sheep are extremely fluffy.
http://www.youtube.com/watch?v=d4NEbU_YkZw#gAhmzK_HQgc

"Canuck57" <dave-no_spam@unixhome.net> wrote in message 
news:9KPUi.152250$Da.52100@pd7urf1no...
>
> "Abbot" <whosonfirst@emailaccount.com> wrote in message 
> news:1192577198.656135.152930@z24g2000prh.googlegroups.com...
>> On Oct 16, 7:03 pm, Tom P <nos...@nospam.com> wrote:
>>> I thought you knew something but all you are doing is naval gazing.
>>>
>>> The origional post pointed out that the Federal Reserve is privately
>>> owned and the owners of that organization is responsible for the
>>> economic welfare of the country. That is a scary thought to think that
>>> the US economy is guided by those individuals. Whatever happened to "We
>>> the people"?
>>
>> Abbot) Tom, that is inaccurate. The Fed ulimately answers to Congress
>> and it is not in charge of the "economic welfare of the country".
>> Maybe if you knew what you were talking about you won't be so scared.
>
> Actually Tom is right.
>
> When the fed prints/create/manufactures money it dilutes the currencies 
> worth.  In fact, depreciates the currencies value.  A fancy way to say the 
> government isn't paying it's bills in a way that does not foster 
> inflation. Canadians will also feel this pinch shortly as commercial asset 
> backed paper is in liquidity trouble.  The Canadian version of the fed did 
> the same, manufacture money.  Not a good thing.  The reason for the 
> liquidity problem is that interest rates are artificially low when 
> compared to inflation and risk.
>
> Until interest rates hit 10% I doubt this cycle will abate.
>
> But I do have faith in the USA, just needs a kick in the ass once and 
> awhile to wake it up.  Sort of like Pearl Harbor.
>
>
> 

"Greg Carr" <gregpcarr@yahoo.ca> wrote in message 
news:_LUUi.155237$1y4.122089@pd7urf2no...
>I remember when they stopped giving out the weekly currency in circulation 
>figures in the US. This should be done again.

Published every week in, for example, Barrons and The Wall Street Journal