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Forum Post: Can we End the Fed?

Posted 3 years ago on Oct. 10, 2011, 12:27 a.m. EST by FUCKTHENWO (280) from RIVERDALE, MD
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13 Comments

13 Comments


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[-] 2 points by FUCKTHENWO (280) from RIVERDALE, MD 3 years ago

This isn't an attack on the rich. There is nothing wrong with being rich. There is a problem with being rich and stealing from the poor. There is a problem with few people controlling the wealth, and to that end there is a problem when those who control the wealth are not helping their country and society progress.

How do the rich steal from the poor, you might ask?

Think about it like this: rich people put extra money in the banking system in order to earn more money without doing anything productive. On the other hand, poor people borrow money from the bank which they then pay interest on, in order to grow the money of rich people. Much of the middle and lower class inevitably become enslaved to their debt. Is that the free market? An endless cycle of debt? An economy which utilizes wars and exploitation to sustain itself. Fuck naw. That aint right. That aint American.

Whether you'd like to believe it or not, we are all slaves to the mass debt that America has accrued over the years. What will we do? How can we break free?

End the Federal Reserve. It's unconstitutional and damn-fucking immoral.

Some say real free-market economics is the best system, although we've never really seen what it looks like. In my opinion the most innovative, necessary, and implementable solution is a resource based economy.

Project Earth: A Resource Based Economy Explained http://www.youtube.com/watch?v=XDhSgCsD_x8

If you love capitalism, but hate the Federal Reserve, ask yourself this: if the current market is a failure, how can you erase the world's debt? We in the US owe the world everything. Not only are we indebted to the world literally, but we, the leaders of the free world, have been leading the destruction of the environment for how long? Do we not owe it to the world to fix it? We have much of the world's resources, we have the greatest education system in the world, what are we doing wrong?!?! Why do we not take it upon ourselves to construct a sustainable global economy that is based on the natural resources of the planet, and use this global economy the repay our debt to the world. I know people love to fantasize about the wealthy and powerful America, but listen, we're indebted to the world! Time to grow a pair and pay the world back. And I know, a resource based economy is “Communist” and “Utopian;” STOP ASSIGNING MEAINGLESS WORDS TO IDEAS. The system is a resource based economy, and it is neither communist nor utopian.

And why should the American people care? Because we, as a country are in 14.8 trillion dollars of debt. The financial system is set to crash, leaving the American people to suffer through years of economic depression. There is nothing Ben Bernanke can do about it, there is nothing Tim Geithner can do about it. The people of the United States did not accrue this massive debt, our irresponsible, ineffective, and inefficient government hired the Federal Reserve Board so that they could print all of the money in the world. This my friends is unconstitutional. They printed money to go to war, they printed money to bailout those who were too big to fail,

NO MORE! NO MORE WILL WE FOLLOW SUCH IRRESPONSIBLE LEADERSHIP.

END THE FED.

[-] 2 points by PublicCurrency (1387) 3 years ago

The "BANKSTERS" create the loans out of thin air via keystrokes on a computer keyboard. This is known as fractional reserve banking. The Federal Reserve is federal in name only - no more federal than federal express - and is virtually unregulated by the U.S. government. It is a private bank that loans money at interest to the government. Completely consistent with the FRAUDULENT central banking model that our countrymen sought to escape from when we claimed independence in the American Revolutionary War.

"Give me control of a nations money and I care not who makes its laws" - Mayer Amschel Rothschild founder of Rothschilds Banking Dynasty

[-] 1 points by FuManchu (619) 3 years ago

Their money is what is lent out. I agree with the debt part.

[-] 2 points by FUCKTHENWO (280) from RIVERDALE, MD 3 years ago

Right, so that basis of the system is that the rich "lend" to the poor, but when you break it down it essentially enslaves the lower class to the upper class. I might not have a problem with the banking system if I didn't grow up under the Federal Reserve's control. Banking was great until the Fed came along.

[-] 1 points by FuManchu (619) 3 years ago

What is the alternative?

[-] 2 points by PublicCurrency (1387) 3 years ago

See WebOfDebt.com for solutions. There are many - just as there are many forms of viable alternative energy.

Another good site is TheMoneyMasters.com

and Monetary.org

[-] 1 points by FUCKTHENWO (280) from RIVERDALE, MD 3 years ago

Some say real free-market economics, although we've never really seen what that looks like. In my opinion the most innovative, necessary, and implementable solution is a resource based economy.

Project Earth: A Resource Based Economy Explained http://www.youtube.com/watch?v=XDhSgCsD_x8

If you love capitalism, but hate the Federal Reserve, ask yourself this: if the current market is a failure, how can you erase the world's debt? We in the US owe the world everything. Not only are we indebted to the world literally, but we, the leaders of the free world, have been leading the destruction of the environment for how long? Do we not owe it to the world to fix it? We have much of the world's resources, we have the greatest education system in the world, what are we doing wrong?!?! Why do we not take it upon ourselves to construct a sustainable global economy that is based on the natural resources of the planet, and use this global economy the repay our debt to the world. I know people love to fantasize about the wealthy and powerful America, but listen, we're indebted to the world! Time to grow a pair and pay the world back. And I know, a resource based economy is “Communist” and “Utopian;” STOP ASSIGNING MEAINGLESS WORDS TO IDEAS. The system is a resource based economy, and it is neither communist nor utopian.

[-] 2 points by gawdoftruth (3698) from Santa Barbara, CA 3 years ago

agreed.

[-] 1 points by seeker (242) 3 years ago

Vote Ron Lawl 2012

[-] 1 points by CHANTER (33) 3 years ago

http://www.youtube.com/watch?feature=player_detailpage&v=cbUAwCE7JVY#t=48s

http://www.youtube.com/watch?v=HxmtreWQoVs&feature=player_profilepage

This is a rather anonymous SONG-CHANT-RANT offering, that will hopefully unify our message on the streets. Imparting some basic historical information that has lead to the continued debasing of free forms of Government. Where a select group of power seekers never seem to have enough of anything, including us.This is a very serious time for the FREE Global Community, our only weapon is Martin Luther King's legacy. They further try to discredit us with accusations of not having a coherent message when their only endgame is to further in-slave us! Abusing others until there is only two classes the Haves and Have-Not's. we’ just not gonna’ take it no more we’ just not gonna’ take it no more we’ just not gonna’ take it no more

nothing’s been the same since jfk eisenhower warned us it would get this way a vast military-industrial-complex a vast military-industrial-complex

were out here to show the one percentors we’ just not gonna’ take it no more we’ just not gonna’ take it no more

oly norquist pledged most congress (oly’ = satire oliver north)
to his power lil’ oly’ norquist pledged most congress (piglet)
to his power

we’ know who you are were’ tired of our voices not counting

we’ just not gonna’ take it no more we’ just not gonna’ take it no more we’ just not gonna’ take it no more

were out on the streets to get our “countries” back

until foreign trade benefits---the 99%

were out on the streets to get our “countries” back

until foreign trade benefits---the 99%

were’ just not gonna’ take it no more were’ just not gonna’ take it no more were’ just not gonna’ take it no more

so, your’ spreadin’ democracy all over --the world your’ spreadin’ democracy all over --the world

it’s gotten’ so corrupt even we---don’t understand it!

so, your’ spreadin’ democracy all over --the world spreadin’ your’ democracy all over --the world

it’s gotten’ so corrupt even we---don’t understand it!

bring back our soldiers’s your cor-poor-et wars are all over bring back our soldiers’s your cor-poor-et wars are all over

were out here to show the one percentors we’ just not gonna’ take it no more we’ just not gonna’ take it no more

it’s too bad we hav-at spell it out but liars never listen they just -run their mouths

a thousand point of light all over the world

a new world order the bil-dah-burgers can go to hell

were’ just not gonna’ take it no more were’ just not gonna’ take it no more were’ just not gonna’ take it no more------

were’ just not gonna’ take it no more!

krw4u5@yahoo.com

[-] 1 points by hemptwister (1) from Little Rock, AR 3 years ago

"End the Fed" is a book and a presidential campaign slogan. And I have yet to find any of these guys who can speak to me in plain English. Or stop preaching long enough for me to reply. If I ask them a question that requires thought I get back scripture with nonsensical phrases tied together by leaps of logic. Reminds me of chatting with an evangelical or a member of the last great movement which now has our government tied in knots. And we are non-partisan, non-political and fear being co-opted by Move-On?

[-] 1 points by yousurf (3) 3 years ago

The Federal Reserve is neither federal nor is a reserve. The Fed needs to be fully audited and examined for it is the model by which all western global banking/currencies have embarked upon to this current entrapment of banking fraud and bad debt. The floating currencies of the world and their soverign hosts are all currently competeing to devalue themselves in a worldwide currency war in order to boost exports and pay of debts thru a backdoor policy of ongoing currency default of using cheapened future monies to pay off old debts. Politicians gain power with the ability to fund whatever cause without voter approval by using the printing press to pay for such things as executive ordered wars and other secretly ordered undertakings like Harry Wilson's War. It was the Fed ordered relaxed banking loan rules during the housing bubble like no-doc loans that created the largest mal-investment financial bubble in human history to date. That is until now whereby the next bubble repalcement, "govt. soverign bonds." The Fed policy of QE in the US which is now purchasing 70% of USbond debt has manipulated short term USbond rates to 0% and blown up the market price of US debt to exteme high prices. The coinciding exponential growth of the IRS derivative (interest rate swap) is now dwarfing the historicaly failed CDS (credit default swap) that was supposed to be the foundation of the now failed fraudulent mortgage backed securities, MBS defaults that led to the 2008 meltdown. Ot appears that these IRSwap agreements are underpinning the entire global financial system and that a soverign default could dominoe global finance into a systemic freezup. You can find these massive positions @ the OCC, Office of Comptroller of Currency,(occ.gov.), search quarterlt report of bank derivative activities. The 2011 IRSwap price tag has grown to over $200 trillion, accounting for over 80% of derivative positions. Hard to qualify the risk but in this manipulated, bloated govt. bond enviroment I'd guess it's much riskier than reported, just like the 1/16th sized credit default swaps that were supposedly rocksolid back in 2008.