More on the Federal Reserve

“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

The Central Bank only produces one thing DEBT. Our whole economy is based on debt. If all the money owed by everyone and everything was paid off, no one would have a dime except the Fed. In the colonial days the colonies had to borrow from the King, now days nothing has really changed we borrow from the FED with interest. We borrow our hard earned money with interest watch government steal and waste it and on it goes over and over. We are idiots. Do you ever wonder why your name is in all capitals when you receive any type of bill, court papers, mortgage etc. It’s in capitals because long ago every American was used as collateral so the Fed would free the country from bankruptcy back around 1930. The US was broke, FDR asked the Fed for help, the FED asked for collateral and he put up you and me. Their is two of everyone, the regular you that no one can touch ex: John Doe and the corporation JOHN DOE which is the collateral, the entity that can be loaned money, called to appear in court etc. Social Security really isn’t about retirement it was a way to giver everyone a number and start taking money out of your check. Not a dime of the money FICA that comes out of your pay goes to a Social Security fund NO fund exists. After this people became used to having money stolen from their paychecks so then the government began to illegally take taxes from your check, This was declared unconstitutional by the Supreme Court and still is. But “they” don’t care they do want they want. None of the sheep ever tries to stop them.

Nelson Aldrich recommended (he was a congressman) a Central Bank back in 1910. Nelson Aldrich was also the brother-in-law of Rockefeller. There was a secret meeting on Jekyll Is. The central bankers wrote what they wanted down (of course it was all in their best interest not ours) handed it to Aldrich and he got passed through legislation. Nice to see our politicians looking out for us. Our whole economy and the worth of our dollar is in the hands of just a few men. The Great Depression was caused by these people. They secretly caused a run on banks etc. Most of what happens in this world is planned. Do some homework and look this stuff up. Why do we have to borrow our own money with interest. Why is our economy based on debt? Why have they manipulated the system to run all our jobs offshore over the years. Why have there been so many mergers over the last 20 or so years? The number of companies and people that own everything INCLUDING THE PRESS is shrinking. Come on people it won’t be long. They will cause something to happen to scare the public to death. A 9-11 a deadly disease something to scare you so you’ll give up more of your rights, your guns, and all your freedom for a little security. It’s heading that way faster and faster. The economy may pick up and start looking good, then the middle-class puts what they have left back in the market, then they pull the rug out and goodbye middle-class. Sorry I tend to ramble on when I’m passionate about something, like MY COUNTRY.
People please we have to do something. Conservative vs Liberal and Republican vs Democrat it’s just a diversion, a movie, it ain’t real. It doesn’t matter who you vote for you get the same results. The President is a puppet he does what he is told and he lives a rich happy life. If he goes against “them” well, look at JFK. Also look at all the people Obama has running things, it’s the same idiots who started this mess. Over and over it goes. It doesn’t matter who is President they have little power.

A nice quote from a man who wants a one world government with us a slaves. “I don’t want a nation of thinkers, I want a nation of workers”. Nelson Rocerfeller One World Govt., Council on Foreign Relations etc. Wonder why our public schools have gone to hell.
One big problem for these people is we are a well armed society.

When the government fears the people you have liberty, when the people fear the government you have tyranny.

WAKE UP PEOPLE…I’LL CLOSE WITH THOMAS JEFFERSON:

IF THE AMERICAN PEOPLE EVER ALLOW PRIVATE BANKS TO CONTROL THE ISSUE OF THEIR CURRENCY, FIRST BY INFLATION THEN BY DEFLATION, THE BANKS AND CORPORATIONS THAT WILL GROW UP AROUND THE CENTRAL BANKS WILL DEPRIVE THE PEOPLE OFF ALL PROPERTY UNTIL THEIR CHILDREN WAKE UP HOMELESS ON THE CONTINENT THEIR FATHERS CONQUERED. THE ISSUING POWER SHOULD BE TAKEN FROM THE BANKS & RESTORED TO THE PEOPLE TO WHOM IT PROPERLY BELONGS.

ronbono, welcome to the Straight Dope Message Board. In general, we like to have a link to the column being discussed put in the initial post of a thread, so everyone knows which of Uncle Cecil’s opinions you are skewering.

I’m assuming this is about Who owns the Federal Reserve?

As for the content of your post, well, since you appear to think that JFK was assasinated as the result of having refused to be a puppet, I’m not going to add much. I think your opinions and their validity speak for themselves.

You know, if all you’re gonna do to make your case is copy and paste misinformation from the internet, you could at least do a better job.

Jefferson did NOT say that. If you want to see what he really said, go to The Thomas Jefferson Encyclopedia

I started going through the post line by line, putting NOT TRUE after each, in capital letters, until I hit the following.

This will confuse most everyone not already familiar with the standard crackpot literature, so it needs attention.

The quickest way to dispose of it is to use the indispensable Tax Protesters FAQ.

The additional argument that the Fed used us as collateral [who would want us in 1930?] appears to be an accretion as in many urban legends to help the argument by turning it into more of a narrative, with juicy and frightening details.

So here’s an additional juicy detail that the OP can incorporate in the next version.

“Nelson Rocerfeller” was more usually known as Nelson Aldrich Rockefeller. Nelson Aldrich? He was Nelson A. Rockefeller’s grandfather! Which in turn also means that he was the father-in-law of John D. Rockefeller, Jr. Not the brother-in-law of Rockefeller. Not any Rockefeller. Sort of an oopsie there. And John D. Jr. was pretty much of a nobody politically or in business, although he oversaw the creation of Rockefeller Plaza, a story told wondrously by Daniel Okrent in Great Fortune: The Epic of Rockefeller Center, a much better written and researched bit of history than the OP can manage. Sometimes real history is oh-so-much superior to the made-up kind.

Real history is therefore recommended to the OP.

Mods, this isn’t a comment on a Cecil Column, this is either a Great Debate or a Pit Posting. That’s only because we don’t have a forum like the Bad Astronomy Universe Today board, Conspiracy Theories.

Also, for the record, Louis McFadden was a crazy anti-Semite who believed the Jews controlled the country through the banking industry, and a big fan of Hitler’s anti-Jewish laws.

And, “I don’t want a nation of thinkers, I want a nation of workers”, was attributed to John D. Rockefeller, Sr., not Nelson. I’m also not convinced that he ever said it.

Gfactor’s latest staff report, Does it matter if you sign a contract with a name that’s not your own?, also incidentally demolishes the notion that the form in which you sign you name matters. If using a totally fake name doesn’t relieve you of your obligations, capitals vs. caps small case obviously won’t.

It’s amazing how much time and effort crackpots put into creating fake legalisms to avoid the law rather than studying the law to see how it truly works in the first place.

Are you opposed to loaning money at interest, Ron? If so, can I borrow $50k? I mean, it’s not like the money is backed by anything, so it’s no skin off your nose.

Something tells me that I won’t be able to because we won’t be hearing from Ron any time soon.

I know some law school students that could have been said of! :smiley: