***Here's How to Educate People About The Fed***

I just now edited a post I made on the third page, but I think it would be a good idea to repost it at the bottom to keep this discussion going. I'm mentally exhausted right now, so I'm going to wait for another time to wade through the truth of what TruthAtLast (and others) posted vs. the truth of what is on the site I'm linking to below...
Really, I have no idea at the moment "which way is up" here. ;) Still, this way at least we're exposed to another take on the matter...so we don't look like idiots, caught with our pants down. :p It'll be interesting if it turns out we've had a lot of our facts wrong. From the edit to my other post:

IMPORTANT EDIT: I sought out this post because I remember making it, and apparently I may have been incorrect. In another thread, AceNZ posted a link to this site, which "debunks some myths" about the Fed. Some of the things it asserts (with explanations, sources, etc.) are that the Fed indeed has been audited (and is audited frequently), and it lists the banks that own the Fed. It also states that the Fed repays almost all interest given to them by the Treasury (minus operating costs). Although I still disagree strongly with the author's belief that the Fed should continue to exist (fractional reserve banking and "fiat money as debt" are travesties that keep the population collectively enslaved, and on the whole, permanently "in the red" - and the Fed is an instrument of this), it's an interesting read. I haven't looked into the sources cited as the basis for these arguments, but at the very least, the arguments on the site seem to be more well backed-up than the "telephone game" we've apparently been playing. Perhaps the only reason we believe the Fed hasn't been audited is because of the whole thing, "Say something a thousand times and it becomes true."
 
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Sorry, but I'm a pretty intelligent person that just has never been very interested in economic (that is changing).

And I still don't get where you are saying the money goes. If I don't, I can assure you that anybody you are trying to educate about this that isn't as eager as I am to learn won't get it.

Do they keep it? Does it go into a "reserve" they control? Does it go to the US treasury? Is the Fed a profit or non-profit organization? Who makes the profit?

Josh: Another poster stated only 5% of "money" is in actually in paper around the world. This is caused by fractional reserve banking. Thus, most banking is simply electronic. There is no money. All the transactions are electronic. The electronic money is used to "buy" wealth. Transfer the electronic wealth into real assets. Just a thought.
 
Perhaps the only reason we believe the Fed hasn't been audited is because of the whole thing, "Say something a thousand times and it becomes true."

We believe the FED hasn't been audited because it hasn't. Hundreds of Congressmen over the years have said the same thing and they have way more access to information than we do. Ron Paul has said it publicly as well.

Hundreds of letters have been sent to the FED over the last few decades from Congress DEMANDING access to Fort Knox and a complete inventory (with Congress members present) of the the gold reserves. The FED has refused over and over again. The majority of assets that the FED has is fiat currency. So our debt money is backed by debt money. This fiat currency is only paper. There is nothing of value backing it. It only has value because everyone agrees it has value; because Congress says it has value; because courts have made law saying that the fiat currency MUST be accepted as repayment of debt.

Some congressmen in the past have even subpoenaed the Chairman of the FED and he refused to comply. The only information the Congress had access to was the M2 and M3 stats (given by the FED of course) but in 1987 the FED stopped providing that information to Congress as well.

There is of course a difference between the Federal Reserve Board of Governors and the Federal Reserve System. Most people think that the FED is ultimately controlled by the Government by the fact that the president appoints the members of the Federal Reserve Board including the chairman. But because each of the 7 members of the Board of Governors serve 14 year terms which are spread 2 years apart, a president would have to get elected at the right time to coincide with the expiration of the term of one of the board members, then replace 4 members in the next 8 years (assuming this president could get re-elected after the FED destroys the economy to prove its need to exist and blame the downturn on the current president).

In this way a Government really "OF THE PEOPLE" could gain control of the Board of Governors. But this is assuming that such a president could get elected in the first place will all of the forces at play against them. The other side of the equation is Congress who is also influenced, ignorant of the problem, or corrupted by the FED.

Spending is the lifeblood of the Congress. For the majority in Congress, it is more about just BEING IN CONGRESS, than it is about serving the best interests of the people. This is why earmarks are so important as they borrow money we don't have to send government contracts and funds back to their constituents so that they can get re-elected. They cave to the pressures of lobbyists that help fund their future campaigns while also lining their pockets and maintaining their lifestyle.

Our Government is addicted to drugs. They are crack whores (just and analogy) and their dealer is the FED. Their drug of choice is of course money and power.

But a true Revolution could work if pursued from all sides. But there is a major problem when you don't have a central leadership of a movement. Unions succeed because they are bound together for a single purpose. Often times there is significant sacrifice and hardship that it takes to make real change. The writers strike is an example. Suddenly people have no work and no source of income. If they were negotiating by themselves, they would settle for much less.

It is this action that I fear when the Revolution comes. People are often uneducated and a "compromise" will eventually be presented that people will feel is "good enough". But these people are professional negotiators. They hide their intentions in a web of legal jargon and twisted meanings. Most American's get overexposed and tired.

Proof? How many people are on these forums now? Where are all of the supporters at? All of these people were rattling their swords and were very enthusiastic, and now only a few remain. We look on the News and see people dying every day and reports about the war in Iraq, but most people don't REALLY care. I know that is a horrible thing to say but it is true. There is a disconnect and people are immune to it. They might be outraged for a few minutes, then they flip the channel to American Idol and everything is OK again.

That is the problem with this movement (or any movement). Many of our liberties are taken away so slowly that we don't even notice it. We'll hear a horror story about some abuse of power but it didn't happen to us or someone we know so we forget about it.

But let's say something really drastic happened like a nuclear attack on one or several of our cities (like in the TV show Jericho). This may have the opposite effect that we want. What could galvanize the people into overthrowing this Government would likely instead add so much FEAR (because it would be blamed on some unknown terrorists) that Americans would give up any last ounce of privacy and liberty they have left. Believe me, this WILL happen eventually and I think it will probably happen in my lifetime (though I pray to God that I'm proven wrong).

Really, the only way to succeed is to be extremely organized and infiltrate the Government at all levels. More than anything else Congress fears the MOB. The problem is that it is difficult to organize 1 million or even 20 million people around a single cause. They have been misinformed, or trust a Media who deceives them.

But though we would need to be organized, we would need to do so under the guise of decentralization; in a way that we don't appear to be a threat. We need to beat them at their own game. Take over precincts, districts, and states. There are major obstacles here and some people have posted some of the stories they've encountered just trying to become a PCO or get submit signatures. I keep thinking of the person who was trying to submit those signatures and was given the run around. If she was flanked by 200 other supporters, how much of a hassle would she have been given?

We have a difficult task ahead of us. I just hope that this movement doesn't fade away... but I can already see it happening. I feel like the movement was just staring to hit its stride. A 3rd party run would be a major message. Suddenly people who couldn't vote for Ron Paul (like some people I know in California who were registered Independent) would find a home. Suddenly the Republicans would have to take notice as there is no way they could take on us AND the democrats. Suddenly a polarized Democratic party would have another choice. More than any other year, this would be the year that a real message could be made. And even if Ron didn't win... you can be sure he would have a HUGE impact on the results of the election. Our Government would have no choice but to address the masses.

Ok, enough of my rant... sorry. :D
 
I heard he woke up one morning and thought to himself "I think I'll print some silver certificates just for fun", no particular reason, just fun.

You need to read the executive order more closely. Kennedy was not going to bring us back on a silver standard. In fact he believed in big government and fiat money.
 
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