"Banks have a constitutional right to money from the government"

[ThickStemz]

Federal Reserve's still part of the government, as the "Federal" part implies. Federal = a type of government.

You can't be that stupid.

The Fed(eral Reserve) is independent from the government.

Who do you think the US government is in so much debt to? The Fed, boy...

I guess you think FedEx is part of the government too, right?

The government does get to appoint chairman of the Fed. But it is largely independent.

 

[Olive Drab Green]

You can't be that stupid.

The Fed(eral Reserve) is independent from the government.

Who do you think the US government is in so much debt to? The Fed, boy...

I guess you think FedEx is part of the government too, right?

The government does get to appoint chairman of the Fed. But it is largely independent.

FedEx is different. And not stupid, just clearly uninformed.

 

[ThickStemz]

I do have to say, though, from what I know of you so far, you're probably one of the more reasonable ones on that side of the fence, Thick. I mean, you have your own opinion, but you aren't really as militant about it as some of these guys. Like, I appreciate that you're more assertive than aggressive with your beliefs.

I'll take that as a comment.

My intellectual idol is Christopher Hitchens. I am no Hitch, just so were clear. But like him, I try to find my own way. I don't try to get caught up in group think. It doesn't matter to me what anyone thinks, it's how they think.

About the current topic. The Federal Reserve. The constitution grants power to the Congress to issue money and make fiscal and monetary policy. Congress has assigned a large portion of that duty to private bankers. That group of bankers is known as the Federal Reserve. It

Alexander Hamilton wanted a central bank. Other founding fathers did not, such as Jefferson. At times we came close to setting one up. The election of 1828 (i think, could have been 32) was the nastiest election in American history. The main issue was a central bank. Andrew Jackson was elected and stopped it. Read the wiki on that election if you like history.

The central bank remained dead until the early 20th century and the progressive movement. They got the income tax passed and the Fed established.

They said the income tax would never be above 10% on anyone. Was to only be a tax on the wealth elite. It wasn't 5 years until every working soul was paying an income tax and the top rates were over 70%. Can't trust these fuckers.

 

[Elwood Diggler]

Federal Reserve's still part of the government, as the "Federal" part implies. Federal = a type of government.

he's actually right this time

http://www.counterpunch.org/2015/12...nd-why-is-it-shrouded-in-myths-and-mysteries/

 

[ThickStemz]

convincing rebuttal.

just kidding. still factually incorrect.

Dude, you're so lame.

The Bank of North America, First Bank of the United States, Second Bank of the United States...... Long time period from 1836 to 1910 or so... Federal Reserve.

That's the order of Central Banks in our republic. Each one was terribly opposed despite being supported by the wealthy and powerful. After Jackson so thoroughly trounced the Second Bank of the United States, most thought the idea was dead. Four score years later they sprung the Federal Reserve on us.

You have no concept of history If you don't think there was a long battle against central banking in the US....

https://en.m.wikipedia.org/wiki/History_of_central_banking_in_the_United_States


^^^^^...EVIDENCE...^^^^^

 

[Olive Drab Green]

I'll take that as a comment.

My intellectual idol is Christopher Hitchens. I am no Hitch, just so were clear. But like him, I try to find my own way. I don't try to get caught up in group think. It doesn't matter to me what anyone thinks, it's how they think.

About the current topic. The Federal Reserve. The constitution grants power to the Congress to issue money and make fiscal and monetary policy. Congress has assigned a large portion of that duty to private bankers. That group of bankers is known as the Federal Reserve. It

Alexander Hamilton wanted a central bank. Other founding fathers did not, such as Jefferson. At times we came close to setting one up. The election of 1828 (i think, could have been 32) was the nastiest election in American history. The main issue was a central bank. Andrew Jackson was elected and stopped it. Read the wiki on that election if you like history.

The central bank remained dead until the early 20th century and the progressive movement. They got the income tax passed and the Fed established.

They said the income tax would never be above 10% on anyone. Was to only be a tax on the wealth elite. It wasn't 5 years until every working soul was paying an income tax and the top rates were over 70%. Can't trust these fuckers.

That's pretty interesting. I actually did not know this stuff. Thank you for enlightening me.

 

[potroastV2]

... you're probably one of the more reasonable ones on that side of the fence, Thick. ... I appreciate that you're more assertive than aggressive with your beliefs.

You can't be that stupid....

heehee, this is really good shit!

 

[UncleBuck]

there was a long battle against central banking in the US....

factually incorrect.

 

[ThickStemz]

heehee, this is really good shit!

Nice edit... Lol. Even made me chuckle a little.