The biggest scam of all time!!!!!!!!!!!!!

Where do US get its money? Where does money come from?

When the federal government needs money, it (1)tax,(2),issue bonds (3) others... tariffs, fees etc...

Here is the scam. 1 Create a quasi private/government organization that has the protection of the government but without the restrictions of any government agency. They have their books hidden. Let’s call this something that sounds like a government agency (Federal Reserve). Can't call it what it really is, a private banks that screws all Americans out of their wealth.

2. Let the Federal Reserve create fiat money; money out of thin air.

3. Let the government borrow money from the Federal Reserve and charge them interest on money they created out of thin air. The government gives them the T bills and they give them money. This money is released via the Federal Reserve banks. All current US money is this fake money, fiat money. It is backed by nothing. Look on all bills and you will see the word Federal Reserve Note. Translation, banks print US money, not the US government. Why is USA allowing a private bank to create money used by all Americans and paying interest on this money?

4. Let all Americans be on the hook for this debt but hide how their wealth is stolen. Federal income tax has not been ratified as a constitutional amendments so it is illegal. Legality has never been an issue with crooks. So these crooked bankers steal money and use the Federal government as their bill collectors via taxes, and second use step 2 to create money out of thin air causing inflation. Your money is worth less and will become worthless.

Check out the link. http://www.youtube.com/watch?v=SxCX_D5xVLM

I thought THIS, just exposed and verified, was the biggest scam ever...

Quote:

"This is criminal behavior of the most vile sort," Attorney General Eric Holder said in a press conference following the arrests, estimating that one in three Americans have fallen for the scam since its inception in the 1970s. "By masquerading as a legitimate business, this illicit syndicate was able to prey on helpless citizens for decades....

Quote: AceCrAAckers

They have their books hidden. Let’s call this something that sounds like a government agency (Federal Reserve). Can't call it what it really is, a private banks that screws all Americans out of their wealth.

Yes, this has been known for almost a hundred years. The Fed was created by the
rich robber barons in the early 20th century to control the money in the US. They
were richer than the gov't and controlled the country.

Quote: AceCrAAckers

Where do US get its money? Where does money come from?

When the federal government needs money, it (1)tax,(2),issue bonds (3) others... tariffs, fees etc...

Here is the scam. 1 Create a quasi private/government organization that has the protection of the government but without the restrictions of any government agency. They have their books hidden. Let’s call this something that sounds like a government agency (Federal Reserve). Can't call it what it really is, a private banks that screws all Americans out of their wealth.

2. Let the Federal Reserve create fiat money; money out of thin air.

3. Let the government borrow money from the Federal Reserve and charge them interest on money they created out of thin air. The government gives them the T bills and they give them money. This money is released via the Federal Reserve banks. All current US money is this fake money, fiat money. It is backed by nothing. Look on all bills and you will see the word Federal Reserve Note. Translation, banks print US money, not the US government. Why is USA allowing a private bank to create money used by all Americans and paying interest on this money?

4. Let all Americans be on the hook for this debt but hide how their wealth is stolen. Federal income tax has not been ratified as a constitutional amendments so it is illegal. Legality has never been an issue with crooks. So these crooked bankers steal money and use the Federal government as their bill collectors via taxes, and second use step 2 to create money out of thin air causing inflation. Your money is worth less and will become worthless.

Check out the link. http://www.youtube.com/watch?v=SxCX_D5xVLM

Please think of the other options. Would you prefer it if the US had a national bank? That'd be socialism, and it's also against the law. That's why the Fed is private. Would you prefer it if the books of a private bank (the Fed) were forced by the government to be public and scruitinized?

a) many countries have national banks and aren't socialist
b) nor does having some features of socialism per se make it a bad thing (that sort of thinking means avoiding motorways as being a feature of the Nazi's)
c) course other countries don't have a public national bank, or have faded between it being private, national and publically owned at arms length

Quote: rdw4potus

Please think of the other options. Would you prefer it if the US had a national bank? That'd be socialism, and it's also against the law. That's why the Fed is private. Would you prefer it if the books of a private bank (the Fed) were forced by the government to be public and scruitinized?

If you call a tail a leg and leg a tail, how many tail does a dog have? I will put the answer on the bottom.
The Federal Reserve is a private bank with the protection of the government so it is a national bank. We are moving toward a socialism state and that is not where we want to be heading. The goverenment is by the people for the people. The government is us. Yes, I do not want to pay the Fed for money they create out of thin air and pay interest on it. Yes I do not want a socialism where few people own all the wealth and we are cattle. Yes, I want the books of the Fed open so we know who is getting the money. Yes I want to know who these bastards are that are ripping America off and send them to hell where they belong.

In banking money they do not have is called an asset and money they do have is a liablities. People who pay all they owe is called a deadbeat and if you just pay only the interest then you are the perfect customer.
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If you answered that a dog has 4 tails, you are an idiot. it doesn't matter what you call it, a dog only has one tail. Don't get hoodwinked by all this confusing jargons and over think what is obvious. The government borrows moeny from the Federal Reserve and they give money they do not own and gets interest on this money. I.e we are paying for this.

"Yes I do not want a socialism where few people own all the wealth and we are cattle."

That is not socialism. That may be the net effect of some socialist revolutions, but don't call a tail, a leg.

You can easily argue that a society where few people own all the wealth and the rest are cattle is what you have right now, and it isn't socialism that always gets you there.

The solution is simple, as Ron Paul has proposed. Just make it legal for us to use a competing commodity based currency and abolish legal tender laws that force us to accept Federal Reserve Notes as payment for a debt. The Federal Reserve can keep on printing their green toilet paper and people will be free to choose what they wish to accept as money

Do not talk in circles.

Are you in favor of the Federal Reserve? Are you in favor of a cartel that has a right to print fiat currency on behalf of USA and have US pay interest for the right to use it?

It is either yes or no. Third option is misdirect and say blah blah blah and talk circles with no point. just like all BS when they talk.

The Fed is just continuing the job they inherited. Going off of the gold standard was likely a mistake but you cant put the toothpaste back into the tube. Short of going back on the gold standard all you can do is announce a finite amount of "credit" available every year.... rates will go up along with your taxes for the COLA adjustment that goes along with Soc Security, welfare and foodstamps. You might enjoy zerohedge.com as opposed to this site as you can listen to a bunch of people bitch about fiat currency gold conspiracies and the like.

What societal and modern monetary system do you endorse? ... also you should invoke the Wesley Snipes defense when you avoid your taxes and go to jail, it worked great for him.