he will do either one of two things... respond with a post that doesnt address the point, or run and hide in the bushes
i got a stack of coli cash on the former
lol can i get paid?!
"Federal Reserve Audit Bill Overwhelmingly Passes The House"
- Thread starter newworldafro
- Start date
lol can i get paid?!
Domingo no one here is suggesting politicians should run the FED, however the FED should have to turnover their books periodically so someone can look over them. They have TRILLIONS of dollars missing from the banker bailouts. There is a phrase "absolute power corrupts absolutely" no agency should be above showing their books to the people...especially a non federal agency (that masquerades as a government agency) who sets policy concerning OUR money.
Your so fukking busy running around like your some kind of fukking super genius and we couldn't possibly know what the FED does that u completely missed the point.
Your so fukking busy running around like your some kind of fukking super genius and we couldn't possibly know what the FED does that u completely missed the point.
Yah I dont want to be mean but its pretty crazy to have such strong opinions on an entity you can't even identify the functions of
Domingo Halliburton
Handmade in USA
Domingo no one here is suggesting politicians should run the FED, however the FED should have to turnover their books periodically so someone can look over them. They have TRILLIONS of dollars missing from the banker bailout out. There is a phrase "absolute power corrupts absolutely" no agency should be above showing their books to the people...especially those who set policy concerning OUR money.
Your so fukking busy running around like your some kind of fukking super genius and we couldn't possibly know what the FED does that u completely missed the point.
I'm not discrediting you guys. And I feel transparency is an important part of government.
So tell me what the point is. You want them audited? My point was by auditing them, you will give the Senate and the House undue power when they find something they don't like.
It will be "oh you gave money to the Bank of Lybia!!!! you support terrorism!!!!" then it will give the Ron Paul's of the world reason to pass stupider bills.
If I'm still missing the point please enlighten me to what the point is.
Domingo Halliburton
Handmade in USA
whatever, they control inflation and are supposed to get us up to full employment (as in like 4%).
at the former they're very good, at the other I guess not. But they're policies have been basic economic thinking since the Great Depression.
newworldafro
DeeperThanRapBiggerThanHH
"Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One"
@ 7:40
[ame="http://www.youtube.com/watch?v=ol3mEe8TH7w&feature=player_detailpage#t=456s"]http://www.youtube.com/watch?v=ol3mEe8TH7w&feature=player_detailpage#t=456s[/ame]
@ 7:40
[ame="http://www.youtube.com/watch?v=ol3mEe8TH7w&feature=player_detailpage#t=456s"]http://www.youtube.com/watch?v=ol3mEe8TH7w&feature=player_detailpage#t=456s[/ame]
Nobody, not even the Fed, can control unemployment, at least indefinitely
And again, no swipes, but given that you don't know the Fed's functions, its not unfair to say they don't "control" inflation either, unless you can prove they intentionally pushed it into the double digits in the late 70s
u fukking serious breh? I gotta explain this shyt again to u? 
OK one last time...The FED is not a federal agency, they are a private bank that sets policy over this country (America) money supply. I don't know if u have been paying attention over the past couple of years but when bankers go unchecked (whether cutting thru regulations or just making shyt so difficult no one knows what the are doing *derivatives*) they tend to steal and fukk over regular common folk.
The FED is no different, they have Trillions of dollars that just vanished during the banker bailouts. Now guess what because they aren't a government agency they don't have to show or explain where this money went to ANYONE. I personally have a problem with that. They should have to turn over their books to someone (i don't give a fukk who), so they can be checked.
The FED has had 2 MAJOR financial collapses since they formed. Clearly they are fukking up and should be held accountable
Just like the government walks into Mcdonalds to make sure they don't have mice chillen by the fukking meat paddies. The FED should have to turn it's books over and be accountable to the people.
Does that explain my positions for u??
Stop
Domingo Halliburton
Handmade in USA
no swipe either but that is their 2 stated goals. all their policies are basic economic thought since the great depression.
Domingo Halliburton
Handmade in USA
OK one last time...The FED is not a federal agency, they are a private bank that sets policy over this country (America) money supply. I don't know if u have been paying attention over the past couple of years but when bankers go unchecked (whether cutting thru regulations or just making shyt so difficult no one knows what the are doing *derivatives*) they tend to steal and fukk over regular common folk.
The FED is no different, they have Trillions of dollars that just vanished during the banker bailouts. Now guess what because they aren't a government agency they don't have to show or explain where this money went to ANYONE. I personally have a problem with that. They should have to turn over their books to someone (i don't give a fukk who), so they can be checked.
The FED has had 2 MAJOR financial collapses since they formed. Clearly they are fukking up and should be held accountable
Just like the government walks into Mcdonalds to make sure they don't have mice chillen by the fukking meat paddies. The FED should have to turn it's books over and be accountable to the people.
Does that explain my positions for u??
Stop
i get you, but my point is it leads to a slippery slope. derivatives aren't that hard to understand either.
Reid is a typical fakkkit in love with a light skinned boy..
A bunch of conspiracy theorists who think they know better than Harvard and MIT PhD's
yea cuz those harvard and mit phDs are doing a bang up job... youre gonna be paying 7 dollars for a gallon of milk this time next year FOH
and BarNone can i get paid lol?! see post #46
im like these cacs out here... you betta not play wit MY money
Milk has been like $3.50/gal for as long as I can remember... 
And whats gonna change between now and next year, that will change that?
Do you even know what is controlling the price of milk right now?
And whats gonna change between now and next year, that will change that?
Do you even know what is controlling the price of milk right now?
newworldafro
DeeperThanRapBiggerThanHH
Posted part of article
The Fed's Gold Is Being Audited... By The US Treasury | ZeroHedge
The Fed's Gold Is Being Audited... By The US Treasury
Submitted by Tyler Durden on 08/02/2012 21:25 -0400
When we started reading the LA Times article reporting that "the federal government has quietly been completing an audit of U.S. gold stored at the New York Fed" we couldn't help but wonder when the gotcha moment would appear. It was about 15 paragraphs in that we stumbled upon what we were waiting for: "The process involved about half a dozen employees of the Mint, the Treasury inspector general's office and the New York Fed. It was monitored by employees of the Government Accountability Office, Congress' investigative arm." In other words the Fed's gold is being audited... by the Treasury. Now our history may be a little rusty, but as far as we can remember, the last time the Fed was actually independent of the Treasury then-president Harry Truman fired not one but two Fed Chairmen including both Thomas McCabe as well as the man after whom the Fed's current residence is named: Marriner Eccles, culminating with the Fed-Treasury "Accord" of March 3, 1951 which effectively fused the two entities into one - a quasi independent branch of the US government, which would do the bidding of its "political", who in turn has always been merely a proxy for wherever the money came from (historically, and primarily, from Wall Street), which can pretend it is a "private bank" yet which is entirely subjugated to the crony interests funding US politicians (more on that below). But in a nutshell, the irony of the Treasury auditing the fed is like asking Libor Trade A to confirm that Libor Trader B was not only "fixing" the Libor rate correctly and accurately, but that there is no champagne involved for anyone who could misrepresent it the best within the cabal of manipulation in which the Nash Equilibrium was for everyone to commit fraud.
Far more importantly, for all those financial novices who fail to grasp the simplest relationship between assets and liabilities, the allegation expounded by the "conspiracy theorists", as the LA Times calls them, has never been that the gold at the NY Fed is not there. It is by all means there: after all what safer place to keep it than 80 feet below the Federal Reserve itself, the same Fed which has exclusive access to the 1000+ strong Federeal Reserve Police whose "primary duty is to provide force protection to Federal Reserve facilities. Secondary responsibilities, depending on the particular location, may include liaison work with other law enforcement agencies and/or investigative work related to administrative matters."..........................................................................................................