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  • Arhetton
    replied
    here is a good 'conspiracy' movie about the fed.

    Actually its pretty fucking interesting some of the history it brings up is awesome.

    Did anyone else know that england used sticks as currency for over 800 years? WTF? STICKS?! "Money doesn't grow on trees son"...

    http://www.google.com/videoplay\?doc...19560256183936

    http://video.google.com/videoplay?do...19560256183936

    Its 4 hours long so a download is recommended (unless you have insane bandwidth limits).

    I saw this movie about 6 months ago and then I watched a whole bunch on videos on youtube of the federal reserve chairmen (alan greenspan, ben bernake) being interviewed and it became quite clear that most of the claims in the movie about the [function] of the federal reserve are true. The movie is also a large part about the [existance] of the federal reserve - a scam or ploy by the private wealthy elite supposedly.

    So I think you could divide ideas about the federal reserve into claims about its

    [function] or
    [existance]

    and then it would probably be quite easy to confirm or reject aspects of the conspiracy.

    Leave a comment:


  • Jim_Jude
    replied
    Originally posted by Mobious12
    I know the religon part is bull...
    How so?

    Leave a comment:


  • HappyOldGuy
    replied
    Originally posted by Ming Loyalist
    ok this part i don't get. why do they get to charge the us govt interest on its own money? i mean sure they need to get paid, but we could allocate funds for that.
    They aren't loaning it to the government, they are loaning it to member banks=your local BofA.

    Leave a comment:


  • Feryk
    replied
    Originally posted by Ming Loyalist
    ok this part i don't get. why do they get to charge the us govt interest on its own money? i mean sure they need to get paid, but we could allocate funds for that.

    You don't get it because it doesn't make sense. Amazingly, it's also untrue.

    Leave a comment:


  • Ming Loyalist
    replied
    Originally posted by HappyOldGuy
    The governing board of the federal reserve system most certainly is appointed by the president and confirmed by the congress. The individual federal reserve banks are quasi private companies who take direction from the board, but their charter is established by congress.
    ok so they are in some way controlled by the federal government, then.

    They do loan us our own money at interest. They also purchase foreign currency, precious metals, bonds, etc. It's how the US controls its currency.
    ok this part i don't get. why do they get to charge the us govt interest on its own money? i mean sure they need to get paid, but we could allocate funds for that.

    It's essentially a private/public fusion, it mostly works, and if they have any secret world controlling lodge meetings they must have sent me out to coffee when I was working with them. I always miss out on the good stuff.
    yeah, i keep telling people that if there's a worldwide jewish banking conspiracy then they've been sending my checks to the wrong address for years.

    but seriously, if there is some sort of conspiracy going on with the fed reserve, i don't think anyone but the top tier players would be in on it.

    Leave a comment:


  • Ming Loyalist
    replied
    Originally posted by Mobious12
    I know the religon part is bull, which makes me question the rest of the movie.
    in what way? the religion stuff seemed to be the most solid part to me.

    what exactly would you dispute? the astrological stuff? the similarities to egyptian religion? te questioning of jesus' existence?

    Leave a comment:


  • HappyOldGuy
    replied
    Originally posted by switchblade
    I didn't watch the movie, but to answer your question, the Federal Reserve Bank is a private institution that operates seperately from the federal government. The word 'federal' is a reason for this confusion. The presidint has no say whatsoever in the appointment of the president of the bank.
    The governing board of the federal reserve system most certainly is appointed by the president and confirmed by the congress. The individual federal reserve banks are quasi private companies who take direction from the board, but their charter is established by congress.

    They do loan us our own money at interest. They also purchase foreign currency, precious metals, bonds, etc. It's how the US controls its currency.

    It's essentially a private/public fusion, it mostly works, and if they have any secret world controlling lodge meetings they must have sent me out to coffee when I was working with them. I always miss out on the good stuff.

    Leave a comment:


  • Mobious12
    replied
    I know the religon part is bull, which makes me question the rest of the movie.

    Leave a comment:


  • Frank White
    replied
    I didn't watch the movie, but to answer your question, the Federal Reserve Bank is a private institution that operates seperately from the federal government. The word 'federal' is a reason for this confusion. The presidint has no say whatsoever in the appointment of the president of the bank.
    Arguments against government control of our currency are a) Each president would have ability to temporariliy boost economy in order to quick-fix problems during their term, and b) the government would fuck it up.

    I've been told that our economy is based on a Babylonion system similar to a Ponzi (pyramid) scheme. Since our dollar went from the gold standard to what is now 'fiat' money, the dollar is no longer worth the paper it's printed on.

    Leave a comment:


  • Feryk
    replied
    Haven't seen this movie yet. FWIW, Hong Kong had private currency for years. Seemed to work well enough over there.

    Leave a comment:


  • Phrost
    replied
    I haven't actually had time to watch this myself. I believe there's some merit in the argument against privatization of American currency, but what I've seen of this borders on the Protocols/Zion-level tinfoil hattery.

    Leave a comment:


  • Ming Loyalist
    started a topic federal reserve conspiracy

    federal reserve conspiracy

    ok, so like many of you, i recently watched zeitgeist the movie ( http://www.zeitgeistmovie.com ) and was shocked and surprised... until i found out that a lot of it is questionable at best.

    i did some reading on the federal income tax issues they brought up, and it seemed to be mostly wrong on that end, but i wasn't able to get any quick answers as to the federal reserve bank conspiracy.

    when i asked a couple of friends who are investment bankers, they were surprisingly ignorant of any facts relating to the federal reserve bank, but seemed to think that what the zeitgeist film claimed could not be the truth.

    my questions:

    1) is the federal reserve bank actually autonomous? as far as i know the head is appointed by the president and they are restricted in what they can do by US law. this doesn't sound like the morgan family has a stranglehold on it as is implied in zeitgeist.

    2) doesn't the treasury actually print all the US currency? if so, how does the federal reserve loan us our own currency at interest as is claimed in zeitgeist?

    interested to hear what people have to say, but i am also interested in hearing of sources of further reading. for instance i want to read this book on the topic - The Creature from Jekyll Island:

    http://www.amazon.com/Creature-Jekyl.../dp/0912986212

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