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The Federal Reserve

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  • B Bergholt Stuttley Johnson

    yes money talks, but thats always been the case, take your history, at what point did those with the money not contol things? the founding fathers? suprisingly they were all from that "moneyed" class at no point in history are th moneyed not in charge - live with it or find true comunist country

    Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

    C Offline
    C Offline
    CaptainSeeSharp
    wrote on last edited by
    #35

    Alex hogarth wrote:

    at what point did those with the money not contol things

    Well back when a private group of jackasses couldn't legally counterfeit money we were in a much better position. You eurotrash really crack me up, I thank God we slaughtered a bunch of you peons back in the revolutionary war.

    Fall of the Republic[^]

    B L 2 Replies Last reply
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    • C CaptainSeeSharp

      Alex hogarth wrote:

      those money lenders you critize are the rock on which your country is based

      We fought to get away from the grip of plutocrats.

      Fall of the Republic[^]

      B Offline
      B Offline
      Bergholt Stuttley Johnson
      wrote on last edited by
      #36

      bollocks you fought to put your plurocrats in charge instead of the brits, do you think it changed that much? boy are you misguided, after the war what they did was to put the populus behnd them, eve then the islusion of control ut changed nothing, the guy in the field no change 4 pints of adnams broadside makes my bad spelling even worse than normal :(

      Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

      modified on Thursday, September 17, 2009 7:54 PM

      C 1 Reply Last reply
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      • C CaptainSeeSharp

        Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people. From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts. With a stable currency, American exporters will no longer be held hostage to an erratic monetary policy. Stabilizing the currency will also give Americans new incentives to save as they will no longer have to fear inflation eroding their savings. Those members concerned about increasing America's exports or the low rate of savings should be enthusiastic supporters of this legislation. Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. It is time for Congress to put the interests of the American people ahead of special interests and their own appetite for big government. Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy. In fact, Congress' constitutional mandate regarding monetary policy should only permit currency backed by stable commodities such as silver and gold to be used as legal tender. Therefore, abolishing the Federal Reserve and returning t

        L Offline
        L Offline
        Lost User
        wrote on last edited by
        #37

        CaptainSeeSharp wrote:

        Federal Reserve's inflationary policies

        The Fed just like other central banks reacts to situations not cause situations. Example : People want to earn more from their employment, this puts strain on the employer who must raise their prices through to the retailer who increases his prices accordingly. The employees wages are eaten up with increased prices. So more money has to be created to service these requirements. We go around this circle time and time again. This can be a vicious circle. So the Feds need to set limits that impact that circle by moderation.

        CaptainSeeSharp wrote:

        every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy

        Economic downturns are caused by people's greed who then cannot service the debt they were only too willing to enter into. And when I say people, include companies as well, their policies do not always take into account the proper concept of RISK. The policies of the Fed are to reduce/restrict the effect of any downturn as well as to take to heat off an over-boiling economy.

        CaptainSeeSharp wrote:

        Federal Reserve policy harms the average American

        The stated reason for the Fed's existence is to assist the American people by providing an "elastic" currency to [quote] These objectives include economic growth in line with the economy’s potential to expand; a high level of employment; stable prices (that is, stability in the purchasing power of the dollar); and moderate long-term interest rates. [/quote] quote from "The Federal Reserve System: Purposes and Functions. 9th Edition"

        CaptainSeeSharp wrote:

        abolishing the Federal Reserve

        Will create a financial nightmare (a calamity) to government, businesses and individuals right across your country and further afield.

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        • B Bergholt Stuttley Johnson

          bollocks you fought to put your plurocrats in charge instead of the brits, do you think it changed that much? boy are you misguided, after the war what they did was to put the populus behnd them, eve then the islusion of control ut changed nothing, the guy in the field no change 4 pints of adnams broadside makes my bad spelling even worse than normal :(

          Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

          modified on Thursday, September 17, 2009 7:54 PM

          C Offline
          C Offline
          CaptainSeeSharp
          wrote on last edited by
          #38

          Alex hogarth wrote:

          you fought to put your plurocrats in charge instead of the brits

          Go bow to your CCTV cameras you stupid eurochum. You don't know jack shit about America so go home before your curfew sets in.

          Fall of the Republic[^]

          C B 2 Replies Last reply
          0
          • L Lost User

            CaptainSeeSharp wrote:

            Federal Reserve's inflationary policies

            The Fed just like other central banks reacts to situations not cause situations. Example : People want to earn more from their employment, this puts strain on the employer who must raise their prices through to the retailer who increases his prices accordingly. The employees wages are eaten up with increased prices. So more money has to be created to service these requirements. We go around this circle time and time again. This can be a vicious circle. So the Feds need to set limits that impact that circle by moderation.

            CaptainSeeSharp wrote:

            every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy

            Economic downturns are caused by people's greed who then cannot service the debt they were only too willing to enter into. And when I say people, include companies as well, their policies do not always take into account the proper concept of RISK. The policies of the Fed are to reduce/restrict the effect of any downturn as well as to take to heat off an over-boiling economy.

            CaptainSeeSharp wrote:

            Federal Reserve policy harms the average American

            The stated reason for the Fed's existence is to assist the American people by providing an "elastic" currency to [quote] These objectives include economic growth in line with the economy’s potential to expand; a high level of employment; stable prices (that is, stability in the purchasing power of the dollar); and moderate long-term interest rates. [/quote] quote from "The Federal Reserve System: Purposes and Functions. 9th Edition"

            CaptainSeeSharp wrote:

            abolishing the Federal Reserve

            Will create a financial nightmare (a calamity) to government, businesses and individuals right across your country and further afield.

            C Offline
            C Offline
            CaptainSeeSharp
            wrote on last edited by
            #39

            The fed purely a purely criminal and corrupt enemy of all Americans. Go bow to your masters, you eurotrash have always been good little peasant serfs.

            Fall of the Republic[^]

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            • C Christian Graus

              Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. Wrong. There have been booms and busts in all economies, and in the USA prior to the Fed. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people. This is also crap. How does the Fed force inflation onto us ? Inflation is what most people rely on for their retirement, or to move to a bigger home. From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts. All banks do this. The core issue really, is that people borrow money they cannot pay back. With a stable currency, American exporters will no longer be held hostage to an erratic monetary policy. Stabilizing the currency will also give Americans new incentives to save as they will no longer have to fear inflation eroding their savings. Those members concerned about increasing America's exports or the low rate of savings should be enthusiastic supporters of this legislation. What you're asking for is government intervention, and control of the currencies worth. This would make you more of an international pariah, if nothing else. It sure would kill your ability to live high on the hog on cheap imports. I know you copied and pasted this, and I know you'll not really discuss it with me, so I'll stop there.

              Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

              C Offline
              C Offline
              CaptainSeeSharp
              wrote on last edited by
              #40

              My god, you are extremely ignorant. I'm not going to waste my time with a bunch of idiot un-American pieces of crap who literally have no comprehension of morality or principles. I think a long time of extreme suffering is what you need, perhaps then you would change your views that have contributed to more harm and suffering then the black plague.

              Fall of the Republic[^]

              C D 2 Replies Last reply
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              • C CaptainSeeSharp

                The fed purely a purely criminal and corrupt enemy of all Americans. Go bow to your masters, you eurotrash have always been good little peasant serfs.

                Fall of the Republic[^]

                L Offline
                L Offline
                Lost User
                wrote on last edited by
                #41

                CaptainSeeSharp wrote:

                The fed purely a purely criminal and corrupt enemy of all Americans. Go bow to your masters, you eurotrash have always been good little peasant serfs.

                Thank you Henize for that well thought out reply. Excuse me while I consign it to a place that doesn't see the light of day.

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                • C CaptainSeeSharp

                  Alex hogarth wrote:

                  you fought to put your plurocrats in charge instead of the brits

                  Go bow to your CCTV cameras you stupid eurochum. You don't know jack shit about America so go home before your curfew sets in.

                  Fall of the Republic[^]

                  C Offline
                  C Offline
                  Christian Graus
                  wrote on last edited by
                  #42

                  See how you stoop to insults and ignorance when anyone tries to talk to you ?

                  Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                  • C CaptainSeeSharp

                    Alex hogarth wrote:

                    at what point did those with the money not contol things

                    Well back when a private group of jackasses couldn't legally counterfeit money we were in a much better position. You eurotrash really crack me up, I thank God we slaughtered a bunch of you peons back in the revolutionary war.

                    Fall of the Republic[^]

                    B Offline
                    B Offline
                    Bergholt Stuttley Johnson
                    wrote on last edited by
                    #43

                    you did what? history actually has the revolution as a side show (yes it turned out differently) the brits were fighting the french the troops sent to surpress the rebelion were those that could be spared - ie 3rd line - the dregs, those that had performed badly and performed acts unbecoming - so dont get on your high horse. oh yes the famous us policy on europe, bleed us dry and then swan in as saviours in a war partly of your own creation, i perfer the civil war least you knew that even blue on blue was not completely wrong

                    Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

                    1 Reply Last reply
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                    • C CaptainSeeSharp

                      My god, you are extremely ignorant. I'm not going to waste my time with a bunch of idiot un-American pieces of crap who literally have no comprehension of morality or principles. I think a long time of extreme suffering is what you need, perhaps then you would change your views that have contributed to more harm and suffering then the black plague.

                      Fall of the Republic[^]

                      C Offline
                      C Offline
                      Christian Graus
                      wrote on last edited by
                      #44

                      CaptainSeeSharp wrote:

                      My god, you are extremely ignorant. I'm not going to waste my time with a bunch of idiot un-American pieces of crap who literally have no comprehension of morality or principles. I think a long time of extreme suffering is what you need, perhaps then you would change your views that have contributed to more harm and suffering then the black plague.

                      Well, that didn't take long. I responded to your copy and paste crap with facts, and you respond with insults. It must occur to you somewhere inside that tiny mind of yours, that the reason you have to result to these defensive tactics is that your beliefs are so shaky, and so poorly understood by you, that you're incapable of discussing them, or even understanding them. I thought if we talked about the Fed, you were going to 'own' me ? I guess not. How pathetic it must be, to be you. Tell me again why you've not shot yourself ?

                      Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                      • C CaptainSeeSharp

                        Alex hogarth wrote:

                        you fought to put your plurocrats in charge instead of the brits

                        Go bow to your CCTV cameras you stupid eurochum. You don't know jack shit about America so go home before your curfew sets in.

                        Fall of the Republic[^]

                        B Offline
                        B Offline
                        Bergholt Stuttley Johnson
                        wrote on last edited by
                        #45

                        from what you posted you seem to know very little about your own country and f all about anybody elses you think the us is so good? yet you do nothing but slag it off, if i went by your rants i would think that the us was the biggest arse hole in the world and would benifit from being wiped out yet i know different. you know nothing about the UK and have less intention of learning more, you are a moron who has latched onto a internet cause because it stops you being responsible for your own sh1t life, well sorry but the fact your in the pooo is yours not some "fed" conspriercy

                        Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

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                        • B Bergholt Stuttley Johnson

                          from what you posted you seem to know very little about your own country and f all about anybody elses you think the us is so good? yet you do nothing but slag it off, if i went by your rants i would think that the us was the biggest arse hole in the world and would benifit from being wiped out yet i know different. you know nothing about the UK and have less intention of learning more, you are a moron who has latched onto a internet cause because it stops you being responsible for your own sh1t life, well sorry but the fact your in the pooo is yours not some "fed" conspriercy

                          Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

                          C Offline
                          C Offline
                          Christian Graus
                          wrote on last edited by
                          #46

                          This is the crux of it. Conspiracy theories allow him to blame other people for the mess he's made of his life. As you can see, despite telling me over and over he'd 'own' me on any discussion of the Fed, the moment I discuss, he insults and runs away. How pathetic.

                          Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

                          B 1 Reply Last reply
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                          • C Christian Graus

                            This is the crux of it. Conspiracy theories allow him to blame other people for the mess he's made of his life. As you can see, despite telling me over and over he'd 'own' me on any discussion of the Fed, the moment I discuss, he insults and runs away. How pathetic.

                            Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                            Bergholt Stuttley Johnson
                            wrote on last edited by
                            #47

                            so true he cannot see alternative because that would require him to admit that maybe that the disaster that is his life is maybe of his own making. he insults then is suprised at the reaction, his insult shown that he cannot defend his posts

                            Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

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                            • B Bergholt Stuttley Johnson

                              so true he cannot see alternative because that would require him to admit that maybe that the disaster that is his life is maybe of his own making. he insults then is suprised at the reaction, his insult shown that he cannot defend his posts

                              Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

                              C Offline
                              C Offline
                              Christian Graus
                              wrote on last edited by
                              #48

                              And..... he's gone.

                              Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                              • C Christian Graus

                                And..... he's gone.

                                Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                                B Offline
                                Bergholt Stuttley Johnson
                                wrote on last edited by
                                #49

                                his mummy wont let him post, you know that nasty internetty thingy corupts his vigin mind plus he needs to takes his meds

                                Go away and research the subject, analyze the options for and against, understand the problem and them come back when you agree with me.

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                                • C Christian Graus

                                  I am reading up on it now. I wonder if CSS realises that the money supply was entirely in the hands of private individuals in the US before the Fed was created ?

                                  Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                                  0x3c0
                                  wrote on last edited by
                                  #50

                                  This thread has been so much fun! I've seen CSS go from overconfidence, to debate, to insults, to retreat. Can you do this again sometime? It's the best laugh I've had all week.

                                  OSDev :)

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                                  • 0 0x3c0

                                    This thread has been so much fun! I've seen CSS go from overconfidence, to debate, to insults, to retreat. Can you do this again sometime? It's the best laugh I've had all week.

                                    OSDev :)

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                                    C Offline
                                    Christian Graus
                                    wrote on last edited by
                                    #51

                                    ROTFL - yes, having just a small amount of knowledge on the subject, by co-incidence, I knew that was going to be enough to shoot down his ignorant delusions. Having people join in, and having EVERYONE on the thread know more about it than he did, after months of his boasting, well, let's just say I'm good for Christmas presents

                                    Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

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                                    • C CaptainSeeSharp

                                      Alex hogarth wrote:

                                      at what point did those with the money not contol things

                                      Well back when a private group of jackasses couldn't legally counterfeit money we were in a much better position. You eurotrash really crack me up, I thank God we slaughtered a bunch of you peons back in the revolutionary war.

                                      Fall of the Republic[^]

                                      L Offline
                                      L Offline
                                      Lost User
                                      wrote on last edited by
                                      #52

                                      And, once again, unable to find a cut and paste riposte to the question, he resorts to insults.

                                      CaptainSeeSharp wrote:

                                      Well back when a private group of jackasses couldn't legally counterfeit money

                                      Well, back in those days, what did people need money for? Small potatoes. There's no Fed. How does Congress fund, say, WWII? And why this great belief that Congress is somehow more accountable? TARP, for example. The American people really had a say in that program.

                                      CaptainSeeSharp wrote:

                                      You eurotrash really crack me up,

                                      You do know that America was colonised by eurotrash?

                                      CaptainSeeSharp wrote:

                                      I thank God we slaughtered

                                      We? You fought in the War of Independence? Stop trying to bathe in reflected glory. Or join up. Then you can say we.

                                      Bob Emmett I solemnly declare that I do not wish the USA to be more like Britain, Canada, or Oz.

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                                      • C Christian Graus

                                        ROTFL - yes, having just a small amount of knowledge on the subject, by co-incidence, I knew that was going to be enough to shoot down his ignorant delusions. Having people join in, and having EVERYONE on the thread know more about it than he did, after months of his boasting, well, let's just say I'm good for Christmas presents

                                        Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

                                        I Offline
                                        I Offline
                                        Ian Shlasko
                                        wrote on last edited by
                                        #53

                                        It is kinda funny how he reacts to these things. All he knows is what he listens to on YouTube, and he doesn't understand any of it. Hell, most of my knowledge on the Fed comes from Wikipedia, and I'm practically an expert compared to him.

                                        Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)

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                                        • I Ian Shlasko

                                          It is kinda funny how he reacts to these things. All he knows is what he listens to on YouTube, and he doesn't understand any of it. Hell, most of my knowledge on the Fed comes from Wikipedia, and I'm practically an expert compared to him.

                                          Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)

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                                          0x3c0
                                          wrote on last edited by
                                          #54

                                          I'm fairly sure that anybody is an expert on anything compared to him. "A squirrel is an expert on astrophysics compared to him"

                                          OSDev :)

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