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Re: About the Federal Reserve info for a research paper

gold:useless? certainly not in this day and age:
http://metals.about.com/gi/dynamic/offs … index.html

gold has been the object of desire for millennia and the love of gold may be in our genes at this point.

it also seems to me that most nations which have abandoned the gold standard have subsequently seen their economies falter or fail. i'm no expert in these things, but it's what i've read.
i see gold standard currency as a promise that can be kept, and "concept-backed" currency as a promise that can't be kept.

"If you tremble with indignation at every injustice, then you are a comrade of mine."
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Re: About the Federal Reserve info for a research paper

I mean, in comarison to other commodities.

Take metals alone.  Silver, copper, platinum, nickel, cadmium, palladium, and even rhodium are all used in industry to a greater degree than gold.

A "multiple commodity" backing for currency provides both more stability, and flexibility.

It is not for us to understand love, but simply to make space for it.
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Re: About the Federal Reserve info for a research paper

If you check out the Federal Reserve website's FAQ section, they define themselves as "an independent entity within the government."  My offhand guess would be that they say they are "within" the government because the Fed System was partly created by an act of congress (The Federal Reserve Act of 1913) and could be dissolved by congress (in theory).

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but you can avoid its teeth.
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Re: About the Federal Reserve info for a research paper

dreamosis wrote:

If you check out the Federal Reserve website's FAQ section, they define themselves as "an independent entity within the government."  My offhand guess would be that they say they are "within" the government because the Fed System was partly created by an act of congress (The Federal Reserve Act of 1913) and could be dissolved by congress (in theory).

Ok I just read this thread whole, and I can't understand your statement it seems to contridict everyones point.
So is the Federal Reserve part of the government, or is it a private corporation i.e. (something like Citibank).
From my understand The Federal Reserve is a Bank the finaces other banks.

Now back the my research paper, I have to present a debatable question  about this subject, can anyone help me with this.

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As I am You and They are us
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Re: About the Federal Reserve info for a research paper

NotOneThing wrote:

Now back the my research paper, I have to present a debatable question  about this subject, can anyone help me with this.

Umm dude, it's starting to sound like you want somebody to write your paper your ya.  I think a plethora of suitable debate topics have already been opened in this thread. smile

It is not for us to understand love, but simply to make space for it.

21 Reply by morningsun76 (edited by morningsun76 2005-11-26 04:43:57)

  • morningsun76
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Re: About the Federal Reserve info for a research paper

I just watched an excellent documentary on how the international bankers operating out of the City of London engineered the takeover of the U.S. financial system.   It's called "Monopoly Men" and everyone should see it.  You can download it with your favorite BitTorrent program.  here

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Re: About the Federal Reserve info for a research paper

AB wrote:

"Torrenting" it now. Hope it will finish ok. Thank you.

I'm seeding it at the moment, hope that helps! smile  Also if you can still get it, be sure and get "Money Masters" which I just started watching ... so far it looks to be even more important.  I think these couple of videos are ones that every living human being needs to see ... it really lays bare, through undisputable concrete evidence, how these banking cartels have been the single greatest enemy of the people in general, in every country, for hundreds of years.   Absolutely incredible stuff.  Two different versions are currently being torrented as I write this, try and get either.

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Re: About the Federal Reserve info for a research paper

dreamosis wrote:

If you check out the Federal Reserve website's FAQ section, they define themselves as "an independent entity within the government."  My offhand guess would be that they say they are "within" the government because the Fed System was partly created by an act of congress (The Federal Reserve Act of 1913) and could be dissolved by congress (in theory).

Yeah, and I think they've been stretching the truth a bit past the breaking point with that one.   "Independent entities within the government" are not provided for by the U.S. Constitution.  There are only three branches of government, and a constitutional bank would fall under the executive branch -- meaning it would answer directly to the President and not be an "independent entitity."    What actually happened was basically an early example of "outsourcing"  ... in this case, the government's constitutional authority to "coin" money.   Congress in theory could wipe the whole thing out, but we're living in an age where just about every single legislator voted for the Patriot Act without even reading it.  That I think says it all as far as whether Congress is ITSELF even  an independent entity within the goverment nowadays.

Of course, I know that this is old news and it's nothing more than an intellectual exercise to talk in these terms today.  But I still like to try and think in terms of a rational government, even if it's only hypothetical.  Perhaps one day in the unforeseeable future, a time will come when people will once again endeavor to institute a new system based on truth, justice and all that other nonsense Americans used to pretend to care about.   I'd like to be there when they do.