The Federal Reserve

Sunbiz1

Well-Known Member
Is robbing us of our assets via hidden taxation...inflation:

[video=youtube;yL2X5EeHbTA]http://www.youtube.com/watch?v=yL2X5EeHbTA[/video]
 

j4droopy

Active Member
The federal reserve is a very interesting thing, Everyone should read the constitution, specifically the 16th amendment. There is something fishy there.... i guess maybe the reason behind the hundreds of law suits the IRS has filed and lost because of people knowing their constitutional rights. Really you dont need to know the constitution just why the pilgrims left england, to know that something is fucked up with this whole federal bank that prints its own money......... Man its like people are walking around with blindfolds......
 

Sunbiz1

Well-Known Member
The federal reserve is a very interesting thing, Everyone should read the constitution, specifically the 16th amendment. There is something fishy there.... i guess maybe the reason behind the hundreds of law suits the IRS has filed and lost because of people knowing their constitutional rights. Really you dont need to know the constitution just why the pilgrims left england, to know that something is fucked up with this whole federal bank that prints its own money......... Man its like people are walking around with blindfolds......
Something else I have come across recently, mortgages. There was a man back in the 60's who challenged his foreclosure. He claimed that mortgages had no consideration b/c there was no real $$ backing them, and therefore there can be no legal contract. The Morgan family was the mortgage holder, but the guy won anyways. I wonder why people aren't challenging this?.
 

redivider

Well-Known Member
i've said this before, and i must say it again.

our stable, controllable, predictable and effective monetary policy hasn't been the only reason the US has been able to become such an economic powerhouse. but it's helped. A LOT.
 

j4droopy

Active Member
Ignorance, complacency, those place in the sky that crosshatch and spray litte clouds of stuff out the backs...... who fuckin knows why people are stupid. Its ridiculous what the tiniest bit of research can do for you. I mean really, what is a mortgage? Tangible... hardly. Insurance? Not so much. im just saying Its amazing the things people pay for that we cant even put our hands on.
 

Sunbiz1

Well-Known Member
Ignorance, complacency, those place in the sky that crosshatch and spray litte clouds of stuff out the backs...... who fuckin knows why people are stupid. Its ridiculous what the tiniest bit of research can do for you. I mean really, what is a mortgage? Tangible... hardly. Insurance? Not so much. im just saying Its amazing the things people pay for that we cant even put our hands on.

Took me 5 minutes to find the case:

"Mr. Morgan admitted that all of the money or credit which was used as a consideration was created upon their books, that this was standard banking practice exercised by their bank in combination with the Federal Reserve Bank of Minneapolis, another private Bank, further that he knew of no United States Statute or Law that gave the Plaintiff the authority to do this. Plaintiff further claimed that Defendant by using the ledger book created credit and by paying on the Note and Mortgage waived any right to complain about the Consideration and that the Defendant was estopped from doing so."

At 12:15 on December 7, 1968 the Jury returned a unanimous verdict for the Defendant.

The jury went out and returned a verdict in favor of Jerome Daly on the basis that the Federal Reserve Notes were not legal and valid consideration for a mortgage note contract.

http://www.constitutionalconcepts.org/creditriver.htm
 

mame

Well-Known Member
Inflation is low ATM.

Also, what Redivider said... We absolutely must have a central bank.
 

NoDrama

Well-Known Member
Inflation is low ATM.

Also, what Redivider said... We absolutely must have a central bank.
Funny that the greatest nations that survived the longest had no central bank. Nations that soon destoyed themselves and had to start all over all had central banks. Current;y the USA has the longest surviving Fiat currency in modern history, 40 years is a long time, most fiat currencies fail within 20.
 

j4droopy

Active Member
Its just such a simple concept. (1) The Federal Government privately prints and regulates their own money. (2) Taxation without representation, i mean come on... people flipped shit over some tea. What the fuck? Makes me sick.

How about Prisons being privately owned and operated?!?!?!?!?!? As in Dick Cocksman owns a prison, the only way himself and his employees make money are by people occupying his prison. Thats another one, i cant i quite get my nugget in the bowl on.
 

mame

Well-Known Member
Funny that the greatest nations that survived the longest had no central bank. Nations that soon destoyed themselves and had to start all over all had central banks. Current;y the USA has the longest surviving Fiat currency in modern history, 40 years is a long time, most fiat currencies fail within 20.
As Keynes famously said, "in the long run, we are all dead."

Because of it's place in the world, I bet the USD outlives us all.
 

j4droopy

Active Member
Funny that the greatest nations that survived the longest had no central bank. Nations that soon destoyed themselves and had to start all over all had central banks. Current;y the USA has the longest surviving Fiat currency in modern history, 40 years is a long time, most fiat currencies fail within 20.

FIAT Currency...... oh silly humans. jk. Have you ever heard of the Peek Oil Theory? If not look up a guy named Mike Ruppert and Peek Oil. Peek Oil and Fiat Currency go hand in hand, if you can dig it. (i know some people wanna freak out and say all your fuckin crazy there is enough oil to last another 900000 years and everything is fine. flowers and daiseys.) They basically depend on one another, the collapse is inevitable, not to worry! :)
 

Jack Harer

Well-Known Member
Something else I have come across recently, mortgages. There was a man back in the 60's who challenged his foreclosure. He claimed that mortgages had no consideration b/c there was no real $$ backing them, and therefore there can be no legal contract. The Morgan family was the mortgage holder, but the guy won anyways. I wonder why people aren't challenging this?.
I would dearly love it if you could point me to that case citation. I could have a field day with that one. I AM their worst nightmare! A pissed off, highly educated, intelligent citizen in a somewhat forced retirement with a lot of time on my hands to fuck with them!!!!
 

smokebros

Well-Known Member
If I'm the FED and you are the USA... And I print $1, and that is the only 1$ in circulation... and I give that to the USA... And the USA pays me the dollar back + interest on that dollar... where do they get the money for the interest??? It's impossible..

....I give you 1$ and that is your only money, how can you pay me $1.10???? if you don't have the 10 cents... I would have to give you the 10 cents, and then charge u interest on that too :)

lol.

That's what the FED does. It's never ending debt.
 

Jack Harer

Well-Known Member
You gave me a dollar, and I have a color copier..................................You figure it out. I paid you back!!! LOL
 
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