"the rich get richer"

[brad]

yes, in the united states.

[adios]

I wasn't aware that it had private ownership. Are you sure about that? I'm probably misunderstanding totally.

[brad]

look it up on the internet. congressman ron paul introduces legislation every year to repeal federal reserve act (which obviously goes nowhere). (btw, he voted no on the p.a.t.r.i.o.t. act since he couldnt even read it)

congress delegated its power to coin and determine value of money to private central bank. (federal reserve)

its common knowledge.

[adios]

I realize that but my understanding is that commercial banks are the investors if you will.

http://www.clev.frb.org/ccca/frs4D.htm

[brad]

well im not an expert but from what i understand the fed is private corporation, stockholders are secret or whatever but kinda semi public knowlege but most of them are not american (like british and european).

i dont know was say bank of america even around in 1913? (of course b of a is a lot foreign owned too)

for what its worth greenspan just said lately (like last week or two) that no bank is 'too big not to fail', whatever that means.

of course i mean is anything more convoluted than banking? if you read american history a lot of it has to do with banking (and the bankers being the bad guys)

also i have a 10$ 'silver certificate' (i used to work in a high cash industry - ok, a parking lot, not drug dealer, heh, and found it) which promises the bearer 10$ in silver on demand. of course its no good anymore.

[scalf]

[img]/forums/images/icons/frown.gif[/img] jesse is outraged people could make this much money, particularly since they all owe their money due to slavery and it's afterward sick influence...jesse demands everyone including the black babe turn over all their ill-gotten gains to him and al sharpton for proper distribution...gl [img]/forums/images/icons/smirk.gif[/img] [img]/forums/images/icons/spade.gif[/img]

[brad]

j.j. is confirmed cia asset.

[adios]

The Fed is in essence the fourth branch of government. It's constitutionality has been questioned by more than a few. I believe it's survived every court challenge. One famous Texas Congressman from the past and active Fed critic, Wright Patman, was quoted as saying: "Constitutionally, the Federal Reserve is a pretty queer duck." I would concur with that assessment by the late Congressman.

[brad]

yeah.

i think i made a good point to think about tho, did US have megabanks in 1913 or thousands of small banks?

is there a mega today that wasnt around then? (in any form)

that should tell something

[Roy Munson]

As poker continues to increase in popularity, a tidal wave like demand for the 2+2 books is inevitable. This will vault Mason and David into the Forbes 400.