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RE: House Speaker Hastert Roasted over Foley Scandal - 10/6/2006 3:59:57 PM   
subfever


Posts: 2895
Joined: 5/22/2004
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quote:

ORIGINAL: pinkee

Are you referring to the World Bank instead?  Many object to its operations, including collecting debts from third world countries.
 
pinkee 


Yes, I object to the operations of the World Bank. I primarily object to their issuing of loans to Third-World nations... loans that that they know damned-well will go into default. Then they send in their henchmen to strip them of their natural resources at fire-sale prices.

It's a dirty dirty game. And the guys who have played it had better pray to God every day that there ain't no Hell! ...    

(in reply to pinkee)
Profile   Post #: 21
RE: House Speaker Hastert Roasted over Foley Scandal - 10/6/2006 4:34:49 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
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quote:

ORIGINAL: subfever

quote:

ORIGINAL: pinkee

Are you referring to the World Bank instead?  Many object to its operations, including collecting debts from third world countries.
 
pinkee 


Yes, I object to the operations of the World Bank. I primarily object to their issuing of loans to Third-World nations... loans that that they know damned-well will go into default. Then they send in their henchmen to strip them of their natural resources at fire-sale prices.

It's a dirty dirty game. And the guys who have played it had better pray to God every day that there ain't no Hell! ...    


Or that they expect U.S. Taxpayer Dollars to "make good" on those "loans" like the big banks do!
EVERYONE wants to involve U.S. Taxpayer Dollars in their schemes!

(in reply to subfever)
Profile   Post #: 22
RE: House Speaker Hastert Roasted over Foley Scandal - 10/6/2006 5:52:16 PM   
Sinergy


Posts: 9383
Joined: 4/26/2004
Status: offline
quote:

ORIGINAL: subfever

quote:

ORIGINAL: Sinergy


Might want to read "Confessions of an Economic Terrorist" if you feel like learning more about who is pulling the puppet strings, as well as how it is done.


I believe the title of that book is Confessions of an Economic Hit Man.


My bad.  You are correct.

Sinergy

_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


(in reply to subfever)
Profile   Post #: 23
RE: House Speaker Hastert Roasted over Foley Scandal - 10/6/2006 6:42:59 PM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: popeye1250

quote:

ORIGINAL: subfever

quote:

ORIGINAL: pinkee

Are you referring to the World Bank instead?  Many object to its operations, including collecting debts from third world countries.
 
pinkee 


Yes, I object to the operations of the World Bank. I primarily object to their issuing of loans to Third-World nations... loans that that they know damned-well will go into default. Then they send in their henchmen to strip them of their natural resources at fire-sale prices.

It's a dirty dirty game. And the guys who have played it had better pray to God every day that there ain't no Hell! ...    


Or that they expect U.S. Taxpayer Dollars to "make good" on those "loans" like the big banks do!
EVERYONE wants to involve U.S. Taxpayer Dollars in their schemes!


Good point!

(in reply to popeye1250)
Profile   Post #: 24
RE: House Speaker Hastert Roasted over Foley Scandal - 10/6/2006 9:38:26 PM   
WhipTheHip


Posts: 1004
Joined: 7/31/2006
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quote:

ORIGINAL: subfever
The Federal Reserve is a quasi governmental agency. It is privately owned by elite shareholders,

 
No it is not.
 
> and it has never been audited by the United States Government!
 
Everything the Federal Reserve does is publicized, and a matter of public record.
The Federal Reserve does nothing in secret.  It has no assets, and no shareholders.

> Something is rotten in Denmark when our own government has to pay interest
> on money borrowed.
 
Every government has to pay interest on money borrowed.  Why would anyone
lend government money free of charge?  Would you?

> Why don't we issue our own money instead?
 
We do.



There is no mystery here.   The Fed has been doing a pretty good job.  It is one
of the best fuctioning agencies we have.
 
Cheeers,
Michael 
 


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RE: House Speaker Hastert Roasted over Foley Scandal - 10/6/2006 10:03:56 PM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: WhipTheHip

ORIGINAL: subfever
The Federal Reserve is a quasi governmental agency. It is privately owned by elite shareholders,
 
No it is not.
 
> and it has never been audited by the United States Government!
 
Everything the Federal Reserve does is publicized, and a matter of public record.
The Federal Reserve does nothing in secret.  It has no assets, and no shareholders.

> Something is rotten in Denmark when our own government has to pay interest
> on money borrowed.
 
Every government has to pay interest on money borrowed.  Why would anyone
lend government money free of charge?  Would you?

> Why don't we issue our own money instead?
 
We do.

There is no mystery here.   The Fed has been doing a pretty good job.  It is one
of the best fuctioning agencies we have.
 
Cheeers,
Michael 


Michael, you couldn't be more wrong:

http://www.wealth4freedom.com/truth/3/powerfortress.htm

http://www.wealth4freedom.com/truth/2/TestFedReserveIQ.htm

http://news.goldseek.com/GoldSeek/1095269452.php

http://www.tax-freedom.com/mcfadden.htm

http://www.truthusa.org/articles/fed/fedtruth2004.htm

Is this enough, or would you like more? ...

subfever

(in reply to WhipTheHip)
Profile   Post #: 26
RE: House Speaker Hastert Roasted over Foley Scandal - 10/7/2006 8:22:29 AM   
UtopianRanger


Posts: 3251
Status: offline
quote:

There is no mystery here.   The Fed has been doing a pretty good job.  It is one
of the best fuctioning agencies we have.


Heh.... Did you know the current Federal Reserve Chairman, Ben Bernanke, has been given the nick name ''Helicopter Ben''  Do you have any idea what is behind the ''Helicopter'' connotation?

He got this nick name after he gave speech in which case a theoretical problem of a world-wide depression was posed. He was asked what he would do get out it /end the depression? His answer was to print an inordinate amount of dollars, load them up in helicopters and drop them on people’s lawns… that way they’ll take the cash, go out and buy things and re-inflate the economy.

That's a true story - And he wasn't joking..... you can google it and see for yourself.



 - R


_____________________________

"If you are going to win any battle, you have to do one thing. You have to make the mind run the body. Never let the body tell the mind what to do... the body is never tired if the mind is not tired."

-General George S. Patton


(in reply to WhipTheHip)
Profile   Post #: 27
RE: House Speaker Hastert Roasted over Foley Scandal - 10/7/2006 9:03:25 AM   
pinkee


Posts: 487
Status: offline
quote:

ORIGINAL: subfever

quote:

ORIGINAL: pinkee

The Federal Reserve is a governmental agency; how could it have shareholders?   
pinkee 


The Federal Reserve is a quasi governmental agency. It is privately owned by elite shareholders, and it has never been audited by the United States Government!

Something is rotten in Denmark when our own government has to pay interest on money borrowed.

Why don't we issue our own money instead? Oh geez, I forgot... Lincoln and Kennedy both tried that. But they didn't live long to tell about it though. Hmm... strange coincidence.



Subfever, i have a friend who is a bank examiner for the Feds, and i assure you, the GAO has auditted the Federal Reserve annually, just as it does all federal agencies. 
 
www.joltsearch.com/search.asp?mt=government%20accounting%20office%20audits%of%federal%20res
 
BTW, i would really like a citation for your assertion that the Federal Reserve is not fully governmental and in fact has shareholders.  This assertion flies in the face of everything i learned in Banking Law class.
 
Your questions about governmental interest are not easily answered.  The Federal Budget annually reports income from interest payable (presumably the repayment of foreign aid loans). 
 
The U.S.Government cannot simply issue "more" money, rather than paying interest in the trillion dollar budget deficit, because to do so simply devalues the existing money supply...a phenomenon known as inflation.
 
As an aside, i have heard about the apparent "coincidences" between the assassinations of Lincoln and Kennedy.  Considering other presidents (Garfield and McKinley) have been killed while in office, i find this attempt to link the two events on a par with -- o, say -- the writings of Nostredomeus.

pinkee


< Message edited by pinkee -- 10/7/2006 9:28:22 AM >

(in reply to subfever)
Profile   Post #: 28
RE: House Speaker Hastert Roasted over Foley Scandal - 10/7/2006 9:28:35 AM   
subfever


Posts: 2895
Joined: 5/22/2004
Status: offline
quote:

ORIGINAL: pinkee

quote:

ORIGINAL: subfever

quote:

ORIGINAL: pinkee

The Federal Reserve is a governmental agency; how could it have shareholders?   
pinkee 


The Federal Reserve is a quasi governmental agency. It is privately owned by elite shareholders, and it has never been audited by the United States Government!

Something is rotten in Denmark when our own government has to pay interest on money borrowed.

Why don't we issue our own money instead? Oh geez, I forgot... Lincoln and Kennedy both tried that. But they didn't live long to tell about it though. Hmm... strange coincidence.



Subfever, i have a friend who is a bank examiner for the Feds, and i assure you, the GAO has auditted the Federal Reserve annually, just as it does all federal agencies.  BTW, i would really like a citation for your assertion that the Federal Reserve is not fully governmental and in fact has shareholders.  This assertion flies in the face of everything i learned in Banking Law class.
 
Your questions about governmental interest are not easily answered.  The Federal Budget annually reports income from interest payable (presumably the repayment of foreign aid loans). 
 
The U.S.Government cannot simply issue "more" money, rather than paying interest in the trillion dollar budget deficit, because to do simply devalues the existing money supply...a phenoneum known as inflation.
 
pinkee


Ahh... my mistake. I left out a key word in my statement, which should have said "The Federal Reserve has never been fully audited."

Bad, bad subfever! ...

Sorry, and thanks for pointing out my error.

http://www.wealth4freedom.com/truth/2/fedaudit.htm 

(in reply to pinkee)
Profile   Post #: 29
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