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Message started by justin_o_guy2 on 05/02/14 at 21:34:14

Title: For NC
Post by justin_o_guy2 on 05/02/14 at 21:34:14

Im curious to know what you know about the Federal REserve,,
Do you know how a dollar is created? What happens to the People when money is created?

Title: Re: For NC
Post by thumperclone on 05/02/14 at 21:36:22

now that's a loaded gun :D

Title: Re: For NC
Post by justin_o_guy2 on 05/02/14 at 21:50:52

Snot an unfair question. I ask people these questions when I am getting to know them,, If they dont know the answers, I tell them..

Title: Re: For NCopi
Post by pgambr on 05/02/14 at 22:02:25

JOG really needs a few permanent threads in the TT like the important topics in the tech section.  The rest of us can add threads to the general discussion board.   ;)

Title: Re: For NC
Post by justin_o_guy2 on 05/02/14 at 22:11:43

Naaaahh,, been proposed,, I appreciate the thot, but I can pop up whats needed at the moment.. Right now, this is specifically for NC,, but, if anyone wants to drop me an answer in a PM,, fire away,, Id be interested to know what the folks here know about how the Federal REserve operates.,

Title: Re: For NC
Post by North Country on 05/02/14 at 22:43:40

Okay sir, since your question was directed at me, I had to look a few things up.

So the way I understand it, Woodrow Wilson signed the law creating the Federal Reserve on December 24 1913. While everyone was home for Christmas and no one was watching. There was no debate, and no vote. I suppose it must have been an executive order.

It was created with the Federal Reserve Act, and it was a 20 year charter that then became a perpetual charter.  
If the charter is allowed to expire, and we dissolve the Fed, would the debt go away like magic??

The founders did not want a central bank. They should have written an amendment banning such institutions. I think we could all get behind such a movement… Agreed?  

Title: Re: For NC
Post by pgambr on 05/02/14 at 22:59:55

That's a good start.  It was written by bankers for bankers, with the intention of no oversight of any kind.  We pay interest on every dollar that is created.  In his memoirs Wilson revealed it was a catastrophic error.    

Title: Re: For NC
Post by justin_o_guy2 on 05/03/14 at 06:59:07

It wont last long, she doesnt know anything,,she has exactly zero understanding of how the fed works.

Title: Re: For NC
Post by raydawg on 05/03/14 at 07:43:22


485751564B4C7D4D7D45575B10220 wrote:
It wont last long, she doesnt know anything,,she has exactly zero understanding of how the fed works.


Baiting amigo?

Be sincere or be anudder grumbled folk.... your choice, prove Bot right   :P

Title: Re: For NC
Post by justin_o_guy2 on 05/03/14 at 08:03:49

Well,, I have to believe that. Coupla reasons.. FEW Ive met have any idea that the Federal REserve isnt even Federal & of those who do know its not a governmental agency only a small %age have any idea how it creates a dollar. Couple that with the fact she hasnt answered and, Violas,, you do th math,,
Okay, the question is open to any & all,,pop those answers up, folks,, Gold Star for the first one to get it right.

Title: Re: For NC
Post by shorty on 05/03/14 at 09:12:05

hey justin,
You and I seem to agree all the time and I'm no fan of NC as you can see by my posts.. but maybe the thread title is singling her out too much..

post #5 above seems reasonable buddy, don't you agree?  ;)

Title: Re: For NC
Post by RatdogWillie on 05/03/14 at 09:42:05


1911100E0006630 wrote:
The founders did not want a central bank. They should have written an amendment banning such institutions. I think we could all get behind such a movement… Agreed?  

Would you agree that the Federal Reserve, which is no more part of the Federal government than is Federal Express is unconstitutional?

Title: Re: For NC
Post by justin_o_guy2 on 05/03/14 at 10:36:30


7870716F6167020 wrote:
Okay sir, since your question was directed at me, I had to look a few things up.

So the way I understand it, Woodrow Wilson signed the law creating the Federal Reserve on December 24 1913. While everyone was home for Christmas and no one was watching. There was no debate, and no vote. I suppose it must have been an executive order.

It was created with the Federal Reserve Act, and it was a 20 year charter that then became a perpetual charter.  
If the charter is allowed to expire, and we dissolve the Fed, would the debt go away like magic??

The founders did not want a central bank. They should have written an amendment banning such institutions. I think we could all get behind such a movement… Agreed?  



The need for banning a privately owned, the key there is privately owned, central bank wasnt needed. The C Calls for our government to "coin the money", so, splitting hairs, they coin the coins. At the time, paper $$ wasnt around, it was all coins. & much of the debt would go away, as much of the debt is the interest on the loans that are used to create the dollars,.& what part wouldnt magically disappear could, in large part, be simply put aside, as Greenland did, just before they started handing down arrest warrants for the bankers who illegally signed them onto debts. As is, the banks Have no $$. Loans are created first, then deposits follow. I dont know where I was when I was listening to this being explained, the web is a large place, but if yhoull spend some time listening to G Edward Griffin's Creature from Jekyll Island, youll come away with a wealth of knowledge & a completely new set of eyes to see the world thru..

Title: Re: For NC
Post by pgambr on 05/03/14 at 20:36:14


1007010D0212600 wrote:
That's a good start.  It was written by bankers for bankers, with the intention of no oversight of any kind.  We pay interest on every dollar that is created.  In his memoirs Wilson revealed it was a catastrophic error.    


Also, they have to create more money and debt to pay for the interest which creates a perpetual cycle that will never end.  It's either that or or tax us more.  

Look up fraction reserve banking and you'll understand why banks always have the biggest, newest buildings in every town.  Also, look up stress tests.  Their is a tremendous amount regarding our monetary system that they really don't care for any one to really want to know.

Once you do the research, try to understand this has been going on for 100 years. toss in decades of poor decision making, wars we don't really need, inflation, and you'll understand why the crash 2007 & 2008 really happened.  

Title: Re: For NC
Post by 1st Sgt on 06/16/14 at 19:05:57

I just read the entire thread and nobody answered the darn question! >:( Googled G Edward Griffin's Creature from Jekyll Island, not what I would call an unimpeachable source. if anyone knows the real (I.E unbiased, unspun, true) answer, please post it.

Title: Re: For NC
Post by pgambr on 06/16/14 at 19:18:45

The "Creature From Jekyll Island" is 580 pages long.  Please be more specific with your inquiry.  Their is a lot of information covered.

Title: Re: For NC
Post by justin_o_guy2 on 06/16/14 at 20:15:03

Well,, Sgt,, If you can research & explain the Fed any better that Griffin, please spill it.Unlike what I have been taught by the same government that enjoys the benefits the fed spreads along to them, Griffin explains things & then I LOOK at reality & LO & Be Hold,,  His explanation ties the loose ends together,, Unless youre gonna tell me it IS Federal,, then whats your beef with his explanation? You read the book?

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