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  1. #1
    EcoSafe started this thread.
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    the money is not controlled by the government it is controlled by the FED. Every president that tried or even thought of printing money or taking control of it has been assassinated.

    The government wants money. QE 1,2,3,4, the Treasury sec calls the FED and orders 40 billion the FED says ok. and the treasury prints it. trading it for U.S. security's plus 6% interest. There is no backing of this loan except for you and me and what we produce. The government produces nothing. So it is entirely Debt to you and me 40 billion plus 6% intrust. That debt has now been streached way past you and me to our children and grand children. the government is now spending their money and futures.

    Last edited by EcoSafe; 03-10-2013 at 11:00 AM.
    "anyone who thinks scrappin is easy money ain't doin it right!"

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    NobleMetalWorks's Avatar
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    Here is a scary fact.

    There isn't currently, enough printed money to pay just the interest on the amount of money the Federal Government has borrowed from the Federal Reserve. People tend to thing that "The Fed" means it's the federal government, and that's just simply not the fact. "The Fed" is really comprised of 12 private banks, and about 35%-40% of the banks in the US hold stock in the FRB as well. The FRB is heavily regulated by the government, which we all know is a joke. All the real decisions concerning the FRB are made by the "Federal Open Market Committee". Five of those people come from the 12 private banks that make up the bulk of the FRB with the last 7 being appointed by the President. This is suppose to allow the Federal Government to control the FRB. When you start to look at who donates campaign funds though, things become far more clear as to who actually controls the FRB.

    If you ever want to know where the corruption starts, just follow the money trail back.

    Scott
    At the heart of science is an essential balance between two seemingly contradictory attitudes--an openness to new ideas, no matter how bizarre or counterintuitive they may be, and the most ruthless skeptical scrutiny of all ideas, old and new. This is how deep truths are winnowed from deep nonsense. -- Carl Sagan

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