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Who owns the Fed?

Submitted by Roanman on Tue, 04/26/2011 - 17:32

 

What a sordid adventure this has been.

A month or so ago I asked myself a question,

"Who owns the Fed?"

Foolishly thinking that having asked that question, at about 8:30 am on a Saturday morning, I'd have a post done by noon at the latest.

Just another example of just how wrong one can be, when one is wrong.

If you ask the above question of your search engine, it goes nuts.

I read a lot of it.

I'm a little mad at myself here because if you follow some of this stuff far enough, you get to part about the escaped, homosexual, occultist Nazis hiding underground (literally) somewhere in Argentina ....... with grey space aliens.

I am not making this up.

Hell, I couldn't make it up.

Anyway, what I'm mad about is that I lost that link.

You can believe me when I tell you I'm lookin' for it.

But I digress.

 

Evidently lots and lots of people have asked this question, long before I did and have posted/published their answers.

Then a whole other group read the first group's post/publication/book and felt a need to dispute those answers.

 

Now, wouldn't you think that it should be easy to determine the ownership of something as important as the entity the controls the money supply of the world's largest economy?

This is the information age after all, don't you think that a simple list might be easily obtainable?

It ain't.

Factcheck.org provides the best start here  .

I'll wait.

Click it and read it dagnabit, it'll only take a minute and I'm trying to make a point here.

Thank you.

Now, if you click on their sources, from the Fed itself, you get this , and then this .

 

DO IT!!!

You don't even have to read anything this time.

See what I mean?

Hmmmmm, is all I have to say about this.

 

Then there are the vids.

The vids now, are a whole new ballgame.

And while a lot of the vids are very good and entertaining, none of it is as helpful as I would have liked in answering the original question, "Who owns the Fed?" because one needs to have a much better than none at all understanding of the nature of money, before any of the above makes even one lick of sense.

So, here's where I start.

The following comes from a definite Libertarian point of view, and while some may prefer a different viewpoint, it is very clear and easy to grab hold of.

It'll take about 40 minutes but you will most likely be entertained and a hell of a lot smarter about the world around you than you are now.

Go get a beer, a glass of wine, a cup of coffee, maybe a sandwich.

 

 

 

Got all that?

I'll be back on issues having to do with that non existant list in a bit.

 

To quote Dr. Gary North

Submitted by Roanman on Sun, 03/20/2011 - 07:15

 

“Then there are the vast majority of academics all over the world. They are apologists for the prevailing system. They are paid to support it. They take the king’s shilling, and they do the king’s bidding. Some of these academics are paid directly by the state as faculty members in tax-funded, state-licensed, accredited universities. Others are paid indirectly as faculty members in private universities that are protected from competition by means of accreditation systems that are backed up by laws against unaccredited institutions that use the word ‘university.’

“Every accredited university is part of a cartel. This is why universities are not price competitive. This is why they can afford to grant tenure — a practice unknown in the private sector.

“There is an army of academic critics of Mises’ argument that the free market should be trusted to provide economic planning, and that people backed up by other people carrying guns and badges should not be trusted. In this army are thousands of state-trained and state-accredited economists, who assert that they believe in the free market.

When push comes to shove, they don’t.

“In the entire academic profession, all over the world, there is not a single textbook in economics that says that central banking is conceptually and operationally a cartel-enforcement institution for privately owned large banks: an anti-free market institution. There never has been such a textbook. Every economics textbook separates the chapter on cartels from the chapter on central banks. Neither chapter refers the reader to the other chapter.

“This is not random. This is a crucial part of the arrangement between the national government and the bankers’ cartel in every nation. The academic cartel joins with the bankers’ cartel to screen out any suggestion in a textbook that either of these state-licensed cartels is in fact a cartel. ‘You scratch my back, and I’ll scratch yours. You promote the right of my agents to carry guns and badges, and I’ll promote yours.’"

Gary North PhD, Whiskey and Gunpowder 3/18/2011”

 

Speaking of Gold

Submitted by Roanman on Thu, 11/11/2010 - 11:42

 

Bix Weir in his The Road to Roota Letters publishes a pretty fun, non threatening and easy to follow essay on the symbolism within the new $100 bill.

It begins as follows.

First of all, I must admit that I am one of those "Conspiracy Nuts" who loves to read meaning into the back of the US $1 bill like I'm trying to solve a centuries old puzzle.

The "All Seeing Eye", the pyramid, "One World Government", Masonic symbols, the implications of the Latin words, even the words "In God We Trust" added in 1955...all of it...I'm a big fan of secret meaning. Just Google "US Dollar Hidden Meaning" and you will find almost EVERY INTERPRETATION you can imagine.

Since I don't know which is true...I tend to believe ALL OF THEM.

More fun that way.

If you think this is all hogwash and there is no meaning to the back of the $1 bill..."Duh, it's just a nice picture"...then this article is not for you.

Click in the bill to link up to the entire piece.

 

 

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