Forum Post: Why end the Federal Reserve and what do you replace it with?
Posted 13 years ago on Oct. 10, 2011, 12:15 p.m. EST by FUCKTHENWO
(280)
from RIVERDALE, MD
This content is user submitted and not an official statement
We have so much technical know-how yet we as a nation operate so inefficiently. Why? There are so many people out of work. Why? We have so much to accomplish. We are in 14.8 trillion dollars of debt. This is the government’s job to figure out. Our current government is inefficient and ineffective. They continue to indebt our country via the Federal Reserve Board. We will not give up until the Federal Reserve Board is fired by the United States government. We will not give up until a constitutional amendment takes the money out of politics.
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: wealthy individuals put extra money in the banking system in order to earn more money without doing anything productive. On the other hand, poor individuals 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. The current fractional reserve banking system is not the free market. In my opinion the most innovative, necessary, and implementable solution is a resource based economy, when you take the 14.8 trillion dollars of debt into consideration.
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 one of 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 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. It is a progressive economy that is backed by tangible items and utilizes the scientific method to achieve optimal efficiency.
And why should the American people care? Because the United States of America is 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.
http://www.youtube.com/watch?v=tFz1VVXsWRU http://www.youtube.com/watch?v=Oe0fGXzKb1o&feature=related http://www.youtube.com/watch?v=lac9O7dHHfo&feature=related http://www.youtube.com/watch?v=PTUY16CkS-k http://www.scribd.com/doc/6400129/End-the-Fed-Nationwide-Rally-Newsletter http://www.tenthamendmentcenter.com/2009/09/24/the-federal-reserve-vs-the-constitution/ http://dmc.members.sonic.net/sentinel/naij2.html http://drrobertowens.com/2011/09/30/is-the-federal-reserve-constitutional/ http://video.google.com/videoplay?docid=5232639329002339531 http://www.healthfreedom.info/Federal_Reserve_Fraud.htm
ending the fed should be the sole demand of the movement; it is non partisan and popular, singular and focused, behead the beast
Just a note:
I never realized how how much the FED is a world Fire Fighter, putting out world financial fires. Look at The Real News interview: http://www.youtube.com/watch?v=w-Hp0alCITw . The FED doesn't want the Dollar to loose its Reserve Currency status. That is why we went into Iraq, it was because of Petro-dollars. Sadam Hussain was threatening to sell Iraq's oil in a currency other than dollar.
I agree we should end the FED, because they are just a private cabal of Bankers who manipulate our money supply for their own purposes (See: Edward Griffin - Creature From Jekyll Island A Second Look at the Federal Reserve [l=42:16] http://change-gov.com/whistle-blowers-heros-edu/ toward the bottom of the page). There is no reason why the Federal Government can't print the money and spend it into existence... they have in the past. I imagine the Federal Government could also hold enough mney in reserve to act similar to a central bank and smooth out the occational ups-and-downs in the economy. BUT be aware the FED is only part of the problem. There is the IMF, World Bank and BIS.
Money??? Well, I agree we need to get the GREED out of money, and the greedy people behind bars. I like Mr. Still's "The Money Masters" because he talks about the use of money throughout our history: http://change-gov.com/money-power-greed-banks/ (see Banking Overview)
floating minimum wage evaluated every quarter pegged to inflation and cost
But i do agree the FED had to go, but they dont give up so easy, take the case of NORFED and poor ole Bernnie Von Nauthaus if you google NORFED you'll see what we are up against.
"There is a problem with being rich and stealing from the poor."
And that is exactly what some of the rich have done, especially the malefactors on Wall Street. For example, here: http://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20110511
Goldman Sachs wouldn't be in existence if it was not for the Federal Reserve.
For sure they would have gone under without the intervention from Henry Paulson and Tim Geitner.
Where did Hank and Tim get the money for their bailout? The Fed.
Well actually from Congress through the TARP also. Remember Henry was the Treasury Secretary, so you really can't stated that only the Fed was the issue. The Treasury was completely involved in this. And, of course, Henry was from Goldman Sachs, but everyone already knows that.
Where did Congress get the money for TARP? The Fed. I'm not saying the Fed is our only issue, I'm saying the Fed is at the top of the chain so that's where we must start.
The Fed is just a tool of the corporations. They are the head of the snake.
right and evry time we try to end the fed we get our asses kiked by big tuff guys with guns the feds been abolished in the u.s twice but evry other gen. forgets i say we need to find a way to end it FOR GOOD!
Fractional reserve lending should continue, which may require a central bank for an effective and sound system however banks are only entitled to net earnings that represent a full reserve system while the excess between net and gross earnings should be dispositioned not to government and its communist measures, rather dispositined to private citizen accounts.
http://occupywallst.org/forum/ows-objective-1-fractional-reserve-lending-is-a-cr
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
dude you are way off the mark, the banks lend money to people who give them notes to ledger as an asset then cut a check from that ledgered asset. people lend themselves credit to get a check to give to another as credit.
I'm not way off the mark, I dumbed the financial system down so that people understand what's really going on. I understand the system itself very well. In theory you're right, the rich don't steal from the poor in fractional reserve banking. In practice you're wrong, the rich have stolen from the poor by bringing the Fed into the government.
The fed just conceals in part what is actually going on AND they take a HUGE rake off the table, that is where the ass F&*c$ with no lube comes into play on the part of the FED, their huge take. But the actual screwing of the average Joe and Jane happen right in the local bank office where their credit is stolen from them in broad daylight just like a car jacking. its the local banks that get their signature. with no signatures nothing happens
Exactly why we must start at the Fed.
Are you familiar with norfed? The guy tried to compete with the FED with the aim of putting them out of business. NORFED was minting and circulating silver and gold coinage and warehouse receipts for the actual gold and silver that was being use as currency. The founder asked the Gov. if he was doing anything illegal they said no. Then the Gov stormed the offices stealing all the coins o hand and threw the guy in jail. After that happened I was at a loss on how to combat such a seemingly everywhere enemy
I just wiki'ed that. Too bad the government can't arrest a revolution.
good point!
I love the people who want to do away with the fed.... I wonder if they know what the fed does to everyday banking. Remember the good ole days that when you deposited your paycheck and then had to wait a week before you could get any of the money from the check.... those are the days without the fed.
Those were the days without computers.
Is this the same Kestrel from Dkos?
Really? The current Fed was established in 1913, were you around back then to tell me how great it was? You have no idea what the Fed is responsible for, trust me. It's nothing more than a Ponazi scheme.
ending the fed won't solve the problem, eliminating money would. read some of the criticism of Ron paul's book about the Fed: http://www.amazon.com/review/R2IB97C8SRVEE7/ref=cm_cr_pr_cmt?ie=UTF8&ASIN=0446549177
How do you eliminate money without ending the Fed?
fed isn't the problem, money is. money is unnecessary. abundance & modern machinery makes money unnecessary. we need technocracy and to abolish money. http://666ismoney.com/MoneyQuotes.html
How is anyone supposed to take you seriously with your ridiculous SN?
prove me wrong
Prove what wrong? I'm merely attempting to point out that your name makes you look like a child.
or a pissed off American. prove my words to be wrong, not my name to be childish.