Is giving Billions and maybe even trillions a year to foreign investers smart when all the this could be done internally for cheaper?
http://www.save-a-patriot.org/files/view/whofed.html
2007-09-20 11:52:47 · 22 answers · asked by Edge Caliber 6 in Politics & Government ➔ International Organizations
I just learned that the Fed can control unemployment rates by raising and lowring interest rates. When the rates are high, people are less likely to buy cars, houses and businesses are less likely to hire. The Fed purposely keeps millions of Americans out of work because all of these expert economists haven't figured out a way to stem off inflation. Keeping millions of Americans out of work also keeps downward pressure on wages because if everyone in America had a job, they could demand hire wages and better benefits from their employers. If their employers said no, they'd just go work somewhere else. Anyone else see anything wrong with this picture? I mean, I'm not an economist, but there's got to be something better than this system.
2007-09-20 12:03:04 · answer #1 · answered by It's Your World, Change It 6 · 8⤊ 1⤋
The Federal Reserve is a privately owned bank. They have controlled America since 1913. They are the reason for all of the boom/bust cycles. Remember the very first stock market crash in 1929? The 12 years that preceded it were full of people seemingly rolling in "wealth". How about the "big 80's" followed by black Monday? The really disturbing thing about this UNBELEIVABLY powerful group of people is that we the people do not have the ability to vote Ben Bernanke or any of the other board members out of their positions. They are all appointed. Mr. Bernanke's term will be a lenghthy 14 years!Guess who appointed Bernanke? George Bush. maybe that's why the very rich are getting so much richer and the poor are becoming ever more destitute?
2016-05-19 21:06:08 · answer #2 · answered by Anonymous · 0⤊ 1⤋
This is a great question and one that I see more and more lately and I find many people are asking the same thing. Many more than just "conspiracy theorists" I understand this has been in place for almost 100 years but has had no true legality to it. If this comes to light as a traitorous action against the United States, sanctioned by our own government, what can the people do? Look at what is happening to Ed and Elaine Brown for refusing to pay income tax based on that same fact you state, since the IRS is the collection agency for the Federal Reserve and the Bank of England...
"It is dangerous to be right when the Government is wrong."
Voltaire -
2007-09-20 12:08:07 · answer #3 · answered by Anonymous · 2⤊ 2⤋
You need money to open a bank ! We don't have any, we spend more than we take in, on wars usually. If we owned the bank we'd have to be accountable and civilized, that's boring,..ew! Borrowing is easier. Rich people enjoy living, hassling somebody who squanders their money on the latest weaponry could interfere with that. There's some consolation in raising the interest rate. These two factions are rocking the boat is all. They have no faith in the journey. If these idiots tip the boat over we all lose.
2014-10-23 20:38:26 · answer #4 · answered by Walter 1 · 0⤊ 0⤋
It isn't. Whoever told you that, was lying. You might want to question their motives for doing so.
Honestly.....you Americans! You are an international joke! Any time some mad Medicine Man dreams up some new conspiracy theory, you are all jumping on a band-wagon that doesn't exist.
When are you all going to get smart and start finding things out for yourselves? You have plenty of information resources available.Truth is only a couple of searches away.
No wonder you have corrupt politics and disgraceful business practices. None of you sheep can think for yourselves. It is a real pity, because at heart most of you are really nice people. Some of us aliens (non-Americans) wish you all well.
2007-09-25 09:51:25 · answer #5 · answered by doshiealan 6 · 2⤊ 1⤋
What a lot of nonsense. You really need to get your conspiracy theories up to date. Check the facts for yourself
- There is no structure or mechanism for private ownership of the Board of Governors which heads the Federal Reserve System. The members are forbidden by law from having any financial interest in a private bank and most have never worked in a private bank. (see NGC's post above for more detail)
The Federal Reserve branches require the member member banks to buy shares. All member banks are domestic.
Regardless real power of the Fed, the ability to control monetary policy, is the responsibility of the Board of Governors. (Ref: http://www.federalreserve.gov/generalinfo/faq/faqfrbanks.htm#6 )
- The Bank of England was nationalized in 1946. It is a government institution. There are no shareholders. (Ref: http://www.bankofengland.co.uk/about/history/index2.htm )
- The Rothschilds banking empire is a shadow of a once great banking empire. Most of their banks have been closed a long time ago (ref: http://en.wikipedia.org/wiki/Rothschilds and
http://www.answers.com/topic/rothschild-banking-family-of-england
Go over that diagram you referenced. See if you can prove any of it true today.
2007-09-20 14:50:59 · answer #6 · answered by gray shadow 6 · 4⤊ 2⤋
The federal reserve is owned by the member banks. The game is slightly slanted:
http://www.a2dvoices.com/realityCheck/markets
2007-09-20 14:17:19 · answer #7 · answered by M D 4 · 2⤊ 1⤋
The Federal Reserve is the primary reason we citizens have to pay income tax.
I don't think the Bank of England is even owned/controlled the the English government. It is still a private entity.
So very sad that our government got tricked into creating the Fed.
2007-09-20 19:28:37 · answer #8 · answered by amalone 5 · 1⤊ 6⤋
The only way to stop this is to abolish the federal reserve act and the only one that will do that is Ron Paul! Google Ron Paul and Federal Reserve and see what comes up.
The Federal Reserve is illegal and unconstitutional.
Ron Paul for President 2008!
2007-09-20 12:05:33 · answer #9 · answered by atarmiga 2 · 8⤊ 2⤋
SSSSssshhhhhh! You aren't suppose to know that!
You will scare the sheep with facts!
Why is it owned via them? Because they are the elite (IE Super rich people with old money) and they enjoy controlling countries in their past time.
2007-09-20 12:30:59 · answer #10 · answered by Fedup Veteran 6 · 4⤊ 1⤋