Leody wrote:Reverend Gooner wrote:Leody wrote:Reverend Gooner wrote:Leody wrote:And the worst part is, there is a large segment of our population that doesn't understand that government money comes from the people
Does the federal government not give any of it's trillion dollar printing policy to the governement? or does it all go on debt management?
You don't even want to get me started on monetary policy and how f*cked beyond belief that is...
Long story short, our government gave the power to issue currency to a privately held bank in direct violation of the constitution. The Federal Reserve has as much to do with the federal government as my left testicle. Our government doesn't even print money.
Watch Inside Job, that will sum it up fairly well and give you a lesson on the financial collapse and how we've done FA to fix anything and prevent it from happening again.
Private, not public, what is their motivation? How do they measure their success? Do they aim for profit like every other bank, who is the money and gold for if not the government?
I will watch inside job, this will be the third documentary in the last 7 days about the US financial crisis. I have watched two 1hr to 90 minute presentations by specialist financial firms in the US about how the US economy/dollar will go and I am struggling to believe it could happen, it seems too unreal.
We'd all like to know the answers to those questions Rev, but the Federal Reserve is accountable to nobody...
It really does boggle the mind.
I hate saying it, because I know how whack-o it sounds... but our world economy really is controlled by the privileged few.
not sure if you seen it or not but when bernanki (spelling) was being asked by congress where did all the money go for the bank bail out he wouldn't tell them.. that just shows how much power the government has over them.. none..
but i do have a question..
so when obama won his presidency he got to select who runs the fed rev (he just kept bernaki) now is that just for show or or what because they aren't a real federal bank so it puzzles me.. i need some one smarter then me to explain it..