The Federal Reserve (Required Reading) [Colorized]
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"The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one. It has no budget; it is subject to no audit; and no Congressional Committee knows of, or can truly supervise, its operations." These are the words of the late professor Murray N. Rothbard, economist and academic advisor of the Ludwig von Mises Institute. The institute is dedicated to the ideals of a free market and sound money. This program is dedicated to the memory of Murray N. Rothbard and his prolific work on money and banking. For more than twenty years, the living standards of middle class Americans have steadily declined; incomes have remained flat or falling and the opportunities and security we once took for granted have begun to fade. For most families, one income no longer pays the bills; it requires two or more incomes to afford a home, pay medical and childcare expenses, and put children through school. Unless present trends change, young workers are unlikely to ever live as well as their parents. Good jobs with a future are harder to come by; education doesn't count for what it once did; taxes continue to rise while social security is going bankrupt. Private pensions are no longer reliable; economic volatility and uncertainty are on the rise. Politicians espouse numerous theories about the cause of this country's economic woes; seldom however do these officials look below the surface: the roots of our economic ills can be traced to central banking and our present monetary system. The Federal Reserve claims to manage our money; instead it makes our money worth less and less every day. It has generated continuous and worsening business cycles and lowered our living standards. It's really no different from a burglar in your house wanting to steal your money. That's what the Federal Reserve does. It depreciates your savings; it takes away your economic security; and it ought to be treated as an institution that does that, rather than something of alleged benefit. Money is supposed to serve as a reliable standard of economic value, not a source of instability. Until we restore sound money and take away the government's ability to debase it, we have little hope of restoring the freedom and prosperity that made A
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"The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one. It has no budget; it is subject to no audit; and no Congressional Committee knows of, or can truly supervise, its operations." These are the words of the late professor Murray N. Rothbard, economist and academic advisor of the Ludwig von Mises Institute. The institute is dedicated to the ideals of a free market and sound money. This program is dedicated to the memory of Murray N. Rothbard and his prolific work on money and banking. For more than twenty years, the living standards of middle class Americans have steadily declined; incomes have remained flat or falling and the opportunities and security we once took for granted have begun to fade. For most families, one income no longer pays the bills; it requires two or more incomes to afford a home, pay medical and childcare expenses, and put children through school. Unless present trends change, young workers are unlikely to ever live as well as their parents. Good jobs with a future are harder to come by; education doesn't count for what it once did; taxes continue to rise while social security is going bankrupt. Private pensions are no longer reliable; economic volatility and uncertainty are on the rise. Politicians espouse numerous theories about the cause of this country's economic woes; seldom however do these officials look below the surface: the roots of our economic ills can be traced to central banking and our present monetary system. The Federal Reserve claims to manage our money; instead it makes our money worth less and less every day. It has generated continuous and worsening business cycles and lowered our living standards. It's really no different from a burglar in your house wanting to steal your money. That's what the Federal Reserve does. It depreciates your savings; it takes away your economic security; and it ought to be treated as an institution that does that, rather than something of alleged benefit. Money is supposed to serve as a reliable standard of economic value, not a source of instability. Until we restore sound money and take away the government's ability to debase it, we have little hope of restoring the freedom and prosperity that made A
Y'know, I actually read a bit of that, in hope that maybe, just maybe, all that bashing you get here would superimpose on any anal bashing you get by your younger siblings and your folks and pretty much anyone that takes his fancy on taking out his frustrations and anguish on your ass out there in the real world. Then I got to this beauty:
CaptainSeeSharp wrote:
There was no longer a one-to-one ratio of paper to gold. Now there could be three or four pieces of paper in circulation for every unit of gold in the vault. These bankers were no longer simply storing or warehousing gold for a fee, they were artificially inflating the money supply and loaning out these phony receipts at interest. This system became known as "fractional reserve banking" and was later transported to the early American colonies. It formed the root of the American commercial banking and ultimately the Federal Reserve System. This is a fraudulent system, it's not allowed in any other business. If you had a grain warehouse that had loaned out the grain it was supposed to have in storage, that's considered criminal, and the guy would go to jail. But the banks are the one industry that's allowed to get away with this and to profit from it.
Banks do not work this way. They are required to have a fraction of their reserve redeemable at any time, but the primary point is that they can and do work with your money. This is why if you (assuming you have more than $5) deposit money at the bank, then someone else could take out a loan at interest and preferably some form of security. Since generally the world is at a more prosperous state, it makes business sense because then money in itself is a commodity now. Your money is secure with the bank paying it back with the interest you get for "lending" the bank your money, the bank makes a profit because of the interest that the loan taker paid, and the loan taker is happy because he has accomplished whatever he needed the money for. After I got to that part, I just stopped reading because I know for a fact that the rest of this pasting is just rubbish. Learn something, use your "flexible", instant "intense concentration", "ungooglable things" brain and then try and come back here for a debate. If you know the meaning of the word.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, L
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Y'know, I actually read a bit of that, in hope that maybe, just maybe, all that bashing you get here would superimpose on any anal bashing you get by your younger siblings and your folks and pretty much anyone that takes his fancy on taking out his frustrations and anguish on your ass out there in the real world. Then I got to this beauty:
CaptainSeeSharp wrote:
There was no longer a one-to-one ratio of paper to gold. Now there could be three or four pieces of paper in circulation for every unit of gold in the vault. These bankers were no longer simply storing or warehousing gold for a fee, they were artificially inflating the money supply and loaning out these phony receipts at interest. This system became known as "fractional reserve banking" and was later transported to the early American colonies. It formed the root of the American commercial banking and ultimately the Federal Reserve System. This is a fraudulent system, it's not allowed in any other business. If you had a grain warehouse that had loaned out the grain it was supposed to have in storage, that's considered criminal, and the guy would go to jail. But the banks are the one industry that's allowed to get away with this and to profit from it.
Banks do not work this way. They are required to have a fraction of their reserve redeemable at any time, but the primary point is that they can and do work with your money. This is why if you (assuming you have more than $5) deposit money at the bank, then someone else could take out a loan at interest and preferably some form of security. Since generally the world is at a more prosperous state, it makes business sense because then money in itself is a commodity now. Your money is secure with the bank paying it back with the interest you get for "lending" the bank your money, the bank makes a profit because of the interest that the loan taker paid, and the loan taker is happy because he has accomplished whatever he needed the money for. After I got to that part, I just stopped reading because I know for a fact that the rest of this pasting is just rubbish. Learn something, use your "flexible", instant "intense concentration", "ungooglable things" brain and then try and come back here for a debate. If you know the meaning of the word.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, L
You need to read the rest of it before you spew out your ignorance because your points were clearly addressed. I know reading more than a page of text is difficult for you or anyone else these days, but that is the only way you will ever learn anything.
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You need to read the rest of it before you spew out your ignorance because your points were clearly addressed. I know reading more than a page of text is difficult for you or anyone else these days, but that is the only way you will ever learn anything.
CaptainSeeSharp wrote:
I know reading more than a page of text is difficult for you or anyone else these days
You have absolutely no grasp of what I consider difficult.
CaptainSeeSharp wrote:
but that is the only way you will ever learn anything.
Wrong. You can learn in many more ways, but of course, you being infallible, wouldn't care to think of what they might be.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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You need to read the rest of it before you spew out your ignorance because your points were clearly addressed. I know reading more than a page of text is difficult for you or anyone else these days, but that is the only way you will ever learn anything.
Nobody will read it because a) it is shite, b) everybody knows that everything you post is rubbish and c) you have no understanding of how the monetary system works. Are qualified in anything? You certainly aren't qualified in economics, I am, you are not an accountant, I am and you have no understanding of science, I have a degree in physics, that means you cannot speak with authority, whereas I can. Go get a qualification and gain an understanding of the real world rather than post boring, incorrect, meandering, ill-understood diatribe.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
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Nobody will read it because a) it is shite, b) everybody knows that everything you post is rubbish and c) you have no understanding of how the monetary system works. Are qualified in anything? You certainly aren't qualified in economics, I am, you are not an accountant, I am and you have no understanding of science, I have a degree in physics, that means you cannot speak with authority, whereas I can. Go get a qualification and gain an understanding of the real world rather than post boring, incorrect, meandering, ill-understood diatribe.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
Its very convenient and easy to just disregard all information, rather than to actually go through it. Get an attention span, learn how to read.
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You need to read the rest of it before you spew out your ignorance because your points were clearly addressed. I know reading more than a page of text is difficult for you or anyone else these days, but that is the only way you will ever learn anything.
Against my better judgment, I read the rest of that piece of shit excuse of an article. If it were paper, it'd be toilet paper. Heavily used toilet paper. Not one of the points I raised were answered. Not one. Please feel free to post new pathetic "articles" of a "must read nature". As far as I'm concerned, you're some sort of living experiment, to see how far we humans can poke the retard before you collapse into tears, hugging yourself as you bash you head on the nearest blunt object.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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Against my better judgment, I read the rest of that piece of shit excuse of an article. If it were paper, it'd be toilet paper. Heavily used toilet paper. Not one of the points I raised were answered. Not one. Please feel free to post new pathetic "articles" of a "must read nature". As far as I'm concerned, you're some sort of living experiment, to see how far we humans can poke the retard before you collapse into tears, hugging yourself as you bash you head on the nearest blunt object.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
You didn't read it, your simply being of piece of crap.
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Its very convenient and easy to just disregard all information, rather than to actually go through it. Get an attention span, learn how to read.
Get a brain and learn how to think.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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Against my better judgment, I read the rest of that piece of shit excuse of an article. If it were paper, it'd be toilet paper. Heavily used toilet paper. Not one of the points I raised were answered. Not one. Please feel free to post new pathetic "articles" of a "must read nature". As far as I'm concerned, you're some sort of living experiment, to see how far we humans can poke the retard before you collapse into tears, hugging yourself as you bash you head on the nearest blunt object.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
Half troll half arse and 100% twat. That is why he pumps shit out all day, but then it can't be fun being a retard still living with mummy.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
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You didn't read it, your simply being of piece of crap.
He is more a man than you will be you mummy's boy.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
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You didn't read it, your simply being of piece of crap.
Let's see. Jefferson the hero was against setting up the bank, fast forward, JP Morgan vs Rockefeller in everything but in complete agreement that to screw the rest of the world with the exception of the genius of a Henize in the future they are then in complete agreement of a central bank, incriminating statement that was captured by the ungooglable mind of said Henize, WWI, WWII spend your way out of the recession FDR, bad for life, Henize is the champion that will save us all. Garbage, pure garbage. I feel stupider for reading it and my IQ must have dropped a dozen notches because I'm having an argument with you of all people.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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Let's see. Jefferson the hero was against setting up the bank, fast forward, JP Morgan vs Rockefeller in everything but in complete agreement that to screw the rest of the world with the exception of the genius of a Henize in the future they are then in complete agreement of a central bank, incriminating statement that was captured by the ungooglable mind of said Henize, WWI, WWII spend your way out of the recession FDR, bad for life, Henize is the champion that will save us all. Garbage, pure garbage. I feel stupider for reading it and my IQ must have dropped a dozen notches because I'm having an argument with you of all people.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
Mustafa Ismail Mustafa wrote:
Huff Huff Huff!!! EGHGHHGH EHGHGHGH HUFF HUFF HUFF SQUEAL SQUELCH
What a joke.
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Mustafa Ismail Mustafa wrote:
Huff Huff Huff!!! EGHGHHGH EHGHGHGH HUFF HUFF HUFF SQUEAL SQUELCH
What a joke.
CaptainSeeSharp wrote:
Huff Huff Huff!!! EGHGHHGH EHGHGHGH HUFF HUFF HUFF SQUEAL SQUELCH
Now it all makes sense!!! You sound like a retard to us because you can't understand what we're saying! Your ungooglable brain translates our words into pig squeals because you've been hanging out in your mommy's bedroom while she's entertaining guests!
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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Mustafa Ismail Mustafa wrote:
Huff Huff Huff!!! EGHGHHGH EHGHGHGH HUFF HUFF HUFF SQUEAL SQUELCH
What a joke.
CaptainSeeSharp wrote:
Huff Huff Huff!!! EGHGHHGH EHGHGHGH HUFF HUFF HUFF SQUEAL SQUELCH
Illiterate ramblings rather than an intelligent structured reply. kind of suggests you cannot provide an original thought. Dim-witted twat.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
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Half troll half arse and 100% twat. That is why he pumps shit out all day, but then it can't be fun being a retard still living with mummy.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
Makes perfect sense.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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"The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one. It has no budget; it is subject to no audit; and no Congressional Committee knows of, or can truly supervise, its operations." These are the words of the late professor Murray N. Rothbard, economist and academic advisor of the Ludwig von Mises Institute. The institute is dedicated to the ideals of a free market and sound money. This program is dedicated to the memory of Murray N. Rothbard and his prolific work on money and banking. For more than twenty years, the living standards of middle class Americans have steadily declined; incomes have remained flat or falling and the opportunities and security we once took for granted have begun to fade. For most families, one income no longer pays the bills; it requires two or more incomes to afford a home, pay medical and childcare expenses, and put children through school. Unless present trends change, young workers are unlikely to ever live as well as their parents. Good jobs with a future are harder to come by; education doesn't count for what it once did; taxes continue to rise while social security is going bankrupt. Private pensions are no longer reliable; economic volatility and uncertainty are on the rise. Politicians espouse numerous theories about the cause of this country's economic woes; seldom however do these officials look below the surface: the roots of our economic ills can be traced to central banking and our present monetary system. The Federal Reserve claims to manage our money; instead it makes our money worth less and less every day. It has generated continuous and worsening business cycles and lowered our living standards. It's really no different from a burglar in your house wanting to steal your money. That's what the Federal Reserve does. It depreciates your savings; it takes away your economic security; and it ought to be treated as an institution that does that, rather than something of alleged benefit. Money is supposed to serve as a reliable standard of economic value, not a source of instability. Until we restore sound money and take away the government's ability to debase it, we have little hope of restoring the freedom and prosperity that made A
http://mises.org/story/2870[^] ROTFL !!! This is a TRANSCRIPT of one of your retarded videos. You are beyond worthless. 1 - present something you actually thought of, rather than a copy and paste 2- start by responding to the points that four people raised with the crap you posted before, instead of just flooding us with copy and paste stuff, and refusing to respond when we explain in detail why it's weak minded drivel that only a moron would believe. I'm not playing. You either start to respond and discuss what you claim to be your ideas ( when in fact the core issue is that you can't discuss what you don't understand, you just watch youtube videos and pretend to yourself to understand them ), instead of just copying and pasting other peoples ideas as a facade to avoid having to actually think, or respond to our objections.
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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Y'know, I actually read a bit of that, in hope that maybe, just maybe, all that bashing you get here would superimpose on any anal bashing you get by your younger siblings and your folks and pretty much anyone that takes his fancy on taking out his frustrations and anguish on your ass out there in the real world. Then I got to this beauty:
CaptainSeeSharp wrote:
There was no longer a one-to-one ratio of paper to gold. Now there could be three or four pieces of paper in circulation for every unit of gold in the vault. These bankers were no longer simply storing or warehousing gold for a fee, they were artificially inflating the money supply and loaning out these phony receipts at interest. This system became known as "fractional reserve banking" and was later transported to the early American colonies. It formed the root of the American commercial banking and ultimately the Federal Reserve System. This is a fraudulent system, it's not allowed in any other business. If you had a grain warehouse that had loaned out the grain it was supposed to have in storage, that's considered criminal, and the guy would go to jail. But the banks are the one industry that's allowed to get away with this and to profit from it.
Banks do not work this way. They are required to have a fraction of their reserve redeemable at any time, but the primary point is that they can and do work with your money. This is why if you (assuming you have more than $5) deposit money at the bank, then someone else could take out a loan at interest and preferably some form of security. Since generally the world is at a more prosperous state, it makes business sense because then money in itself is a commodity now. Your money is secure with the bank paying it back with the interest you get for "lending" the bank your money, the bank makes a profit because of the interest that the loan taker paid, and the loan taker is happy because he has accomplished whatever he needed the money for. After I got to that part, I just stopped reading because I know for a fact that the rest of this pasting is just rubbish. Learn something, use your "flexible", instant "intense concentration", "ungooglable things" brain and then try and come back here for a debate. If you know the meaning of the word.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, L
He has no idea what it says, it's a copy and paste of a transcript to a youtube video.
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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Nobody will read it because a) it is shite, b) everybody knows that everything you post is rubbish and c) you have no understanding of how the monetary system works. Are qualified in anything? You certainly aren't qualified in economics, I am, you are not an accountant, I am and you have no understanding of science, I have a degree in physics, that means you cannot speak with authority, whereas I can. Go get a qualification and gain an understanding of the real world rather than post boring, incorrect, meandering, ill-understood diatribe.
------------------------------------ "Men may make bad decisions, immoral decisions or just plain wrong decisions, but at least they make decisions. Women on the other hand..." Patrick Kielty 2006
He didn't write it, I doubt he even knows what it all says, let alone understands it. It's the transcript of one of his youtube videos.
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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http://mises.org/story/2870[^] ROTFL !!! This is a TRANSCRIPT of one of your retarded videos. You are beyond worthless. 1 - present something you actually thought of, rather than a copy and paste 2- start by responding to the points that four people raised with the crap you posted before, instead of just flooding us with copy and paste stuff, and refusing to respond when we explain in detail why it's weak minded drivel that only a moron would believe. I'm not playing. You either start to respond and discuss what you claim to be your ideas ( when in fact the core issue is that you can't discuss what you don't understand, you just watch youtube videos and pretend to yourself to understand them ), instead of just copying and pasting other peoples ideas as a facade to avoid having to actually think, or respond to our objections.
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.
Discuss what? Look at the replies to this thread, nothing but a bunch of idiots foaming at the mouth. Before any of you can discuss this, you need to do your research. Almost every reply I get regarding this subject is of complete ignorance. Nobody is willing to read or view interviews of with congress and the fed chairman, nobody gives a goddamn about the facts. I am going to continue with posting the facts with the hope that somebody will read them. I noticed that the only people who think it is okay for a small group of unelected self-perpetuated bankers to rule over governments are foreigners, I don't give a damn what you people think, this isn't your country.