cavanami Posted August 15, 2010 Report Share Posted August 15, 2010 So the following are NOT in your local phone book... Supreme Court FBI CIA NSA US Marshalls NTSA Senate White House NASA NOAA there is NO phone book that has the Federal Reserve listed in the blue pages! Yeah, you check the phone book in poo-dunk, USA, of course they don't have these agencies...jeez, get a brain! Do your own research: Creature From Jekyll Island Where in the US Constitution is there provisions for the Fed Rsrv...ohhh, NONE!!! DO the research, get your head out of...whatever! Link to comment Share on other sites More sharing options...
rchapstick Posted August 15, 2010 Report Share Posted August 15, 2010 OH, you are correct the Federal Reserve is NOT any part of the US gov. Easy test, try to find the Federal Reserve in the "blue pages" of the phone book, as the blue pages list gov agencies...NOT THERE! You will find the Federal Reserve in the white pages along with Fed Ex and all the other commercial companies. Apparently AT&T is now the official arbiter of what agency is and is not part of the Federal Government??? Get a grip Cav. Link to comment Share on other sites More sharing options...
Old Hippie Posted August 15, 2010 Report Share Posted August 15, 2010 I am not listed in the phone book either...yet I am almost certain I do exist... From Wiki... According to the board of governors of the Federal Reserve, "It is not 'owned' by anyone and is 'not a private, profit-making institution'. Instead, it is an independent entity within the government, having both public purposes and private aspects."[11] The U.S. Government does not own shares in the Federal Reserve System or any of its component banks, but the Government does receive all of the system's annual profits after a statutory dividend of 6% on member banks' capital investment is paid and an account surplus is maintained. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. The Federal Reserve transferred a record amount of $45 billion to the U.S. Treasury in 2009.[12] Link to comment Share on other sites More sharing options...
acockasian Posted August 15, 2010 Author Report Share Posted August 15, 2010 OH' date=' you are correct the Federal Reserve is NOT any part of the US gov. Easy test, try to find the Federal Reserve in the "blue pages" of the phone book, as the blue pages list gov agencies...NOT THERE! You will find the Federal Reserve in the white pages along with Fed Ex and all the other commercial companies.[/quote'] It is part of the Federal government. Its website is http://www.federalreserve.gov, part of the Federal governments .gov domain. Let's see what else is not listed in the "blue pages" in my local phone book, Supreme Court FBI CIA NSA US Marshalls NTSA Senate White House NASA NOAA So according to your "tin hat" criteria, all of these are not part of the Federal government. http://en.wikipedia.org/wiki/Federal_reserve -kind of dances around the subject. The most important line is in the second paragraph from the top, "numerous other private U.S. member banks and various advisory councils". What is good for Wall Street is not always what is best for the American people on Main Street. Most of the mortgages in the US could have been paid in full with the amount of money that went to bailouts and bonuses. Link to comment Share on other sites More sharing options...
Old Hippie Posted August 15, 2010 Report Share Posted August 15, 2010 So why didn't the feds just pay off all the mortgages and credit card bills, then we'd have all that extra cash to spend and thus rebuild the economy...until the next crash... Link to comment Share on other sites More sharing options...
cavanami Posted August 16, 2010 Report Share Posted August 16, 2010 ...because the politicians wanted their buddies on Wall Street and banks to get the cash...help the people, are you nuts? it's all about the bankers, etc, not about the people!!! Link to comment Share on other sites More sharing options...
Old Hippie Posted August 16, 2010 Report Share Posted August 16, 2010 Well the bankers would have gotton the money, it would have just cleared all the consumer debt...which by now would be back about where it was, because we don't learn... Link to comment Share on other sites More sharing options...
shygye Posted August 16, 2010 Report Share Posted August 16, 2010 So the following are NOT in your local phone book...Supreme Court FBI CIA NSA US Marshalls NTSA Senate White House NASA NOAA there is NO phone book that has the Federal Reserve listed in the blue pages! Yeah, you check the phone book in poo-dunk, USA, of course they don't have these agencies...jeez, get a brain! Do your own research: Creature From Jekyll Island Where in the US Constitution is there provisions for the Fed Rsrv...ohhh, NONE!!! DO the research, get your head out of...whatever! You do the research! The US Constitution does not mention the FBI, CIA, Air Force, NASA, CDC, NIH, Dept of Education, HUD, Dept of Agriculture, EPA, FAA, FDA, DEA, etc. So according to your new "tin hat" criteria none of these are a part of the Federal government! You just believe and NEVER test these assumptions! That is why it is so easy to rip your assertions to shreds. Link to comment Share on other sites More sharing options...
cavanami Posted August 17, 2010 Report Share Posted August 17, 2010 Then why does the US gov pay INTEREST to the Federal Reserve? where does this interest money go? Why has the GAO NEVER did an audit on the Federal Reserve? You can believe the misinformation provided by the vested interest group that feed off the Federal Reserve or your can do your research...and yes, the FBI, etc is not in the constitution but it is also NOT part of this thread...and they ARE listed in the phone book blue pages. Link to comment Share on other sites More sharing options...
cavanami Posted August 17, 2010 Report Share Posted August 17, 2010 Out of Greenspan's mouth, watch it and listen to his words! Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One ol3mEe8TH7w Link to comment Share on other sites More sharing options...
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