Post
Topic
Board Economics
Re: Is it true that the Fed is privately owned
by
agentbluescreen
on 19/05/2013, 14:15:39 UTC
No.

This is a silly thread.

Actually, this is a brilliant thread. Thanks to this thread I have come to realise what I think is the error in the thinking of a lot of AnCap's and Libertarians.

Those guys seem to think that the Fed is owned by the government, hence the government is fucking us over.

The reality however, much like I have stated on the first page of this thread, is that it's more like the other way around. The government does not *really* own the Fed, because the government is itself owned by private banks.

It's the private banks that own the fed directly.
It's the private banks that own the fed indirectly through regional fed's.
And it's the private banks that own the fed indirectly through the government.

It might be the government that is the wizard of oz, but it's the private banks that are behind the curtain.

It's the private banks they should really be after.

There is an awful lot of history behind how the Tory-Bilderberg Trotskyite-communist Rothschild-surrogate ex-gold Pharaohs ended up reconquering America in  1913 after it's failed Revolution and Civil War but it all goes back to the mistake of putting the stupid words gold and silver into the Constitution (even though they are irrelevant there) and the common misperception of idiots who confuse a "wealth" of some sort of a silly metal commodity with a "money" that is an economies' token of it's people's Prime Resource. After their black slaves were freed

According to the Constitution however, it is mandatory that the US Congress and it's Treasury ALONE be the sole owners, profiters from and operators of it's money and borrowers of it's debts.

Quote
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; ....;

To borrow money on the credit of the United States;
....
To establish ... uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

Thus (above) the US Mint alone under the supervision of the Congress's Treasurer/Treasury must be the sole issuer and renter of it's money and the sole lawful authority as to the setting of the value of whatever it is that they decide to "coin".


The criminally private, for private profit Federal Reserve Printing Company is totally and completely corrupt and illegal.


One might see some sort of a chicken and an egg problem, and they would be totally correct, as the power to print money from nothing is the power to buy politicians to let you get away with doing so, and also to force them to do everything and anything else you wish them to. Only a public organization like the US Treasury should be doing this, and profiting from the lending of new money for the taxpayers.

Even though reconstruction was ended Ford was booming and the country was prosperous, the criminal Tory-traitor Wilson put the US into receivership to the Tory-Bilderberg Rothschild Surrogates in 1913 making all Americans white and black, bond slaves to the slave traders of Jekyll Island once again.