Bit_Happy (OP)
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A Great Time to Start Something!
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March 05, 2014, 11:45:49 PM |
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Each of the twelve Federal Reserve Banks is organized into a corporation whose shares are sold to the commercial banks and thrifts operating within the Bank's district. Shareholders elect six of the nine the board of directors for their regional Federal Reserve Bank as well as its president. Mullins reported that the top eight stockholders of the New York Fed were, in order from largest to smallest as of 1983, Citibank, Chase Manhatten, Morgan Guaranty Trust, Chemical Bank, Manufacturers Hanover Trust, Bankers Trust Company, National Bank of North America, and the Bank of New York (Mullins, p. 179). Together, these banks owned about 63 percent of the New York Fed's outstanding stock. Mullins then showed that many of these banks are owned by about a dozen European banking organizations, mostly British, and most notably the Rothschild banking dynasty. Through their American agents they are able to select the board of directors for the New York Fed and to direct U.S. monetary policy. Mullins explained... http://www.usagold.com/federalreserve.htmlIn case you didn't know already.
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CurbsideProphet
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March 06, 2014, 04:59:25 AM |
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Yeah the Fed is basically a cartel of banks. Even their own website states that they are only quasi-government.
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1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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Bit_Happy (OP)
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Activity: 2114
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A Great Time to Start Something!
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March 06, 2014, 05:10:19 AM |
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It's not my #1 topic, but some people around here probably don't pay attention to the Gov.
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jojo69
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Activity: 3206
Merit: 4386
diamond-handed zealot
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March 06, 2014, 05:11:07 AM |
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the Emperor has no clothes
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Bit_Happy (OP)
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 06, 2014, 05:14:25 AM |
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the Emperor has no clothes
I hope he's not planning on doing video chat for BTC. Has Rand Paul talked much about the Fed?
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ISAWHIM
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March 06, 2014, 05:24:21 AM |
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You can't own imaginary value... (Virtual value)
Oh wait, you can...
Ownership is a funny word... There is no ship!
Reserve... To hold... Hold what? We hold the money, they hold the ... the ... there is nothing left to hold, except what we have in our hands, and what is rolling off the printing-press, yet to be held.
I want my ... um ... um ... whatever a dollar is worth, back!
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CalibrataBG
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March 06, 2014, 11:37:41 AM |
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Today it's worth a Big Mac, tomorrow ... you might use it to wipe your ass. It's a thin line...
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uteroulin
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March 06, 2014, 01:29:56 PM |
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I wish I was one of the representative of the Rothschild dynasty
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CurbsideProphet
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March 06, 2014, 05:59:40 PM |
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Today it's worth a Big Mac, tomorrow ... you might use it to wipe your ass. It's a thin line...
Yeah look at the Russian ruble. Down 10% YTD vs the dollar. Of course that's mainly due to madman Putin.
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1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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phr0stbyt3
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March 07, 2014, 09:13:35 PM |
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...Shareholders elect six of the nine... Wish they would elect seven of nine. *insert NSFW image of Jeri Ryan here*
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jojo69
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diamond-handed zealot
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March 07, 2014, 09:14:37 PM |
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...Shareholders elect six of the nine... Wish they would elect seven of nine. *insert NSFW image of Jeri Ryan here* rule 34
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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OROBTC
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March 07, 2014, 11:24:58 PM |
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...
I have not seen any more recent information that you quoted (1983). There have been a lot of changes among those NYC banks, Chemical, Chase and JP Morgan all merging being the biggest fish now.
And where does Goldman Sachs now fit in? And part-owner Saudi Prince al-Waleed?
Hmm, a Saudi price and Rothschilds... Cozy!
And any debts that any European owners may have incurred?
***
An update is urgently needed, how about it, Matt Taibbi?
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jojo69
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Activity: 3206
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diamond-handed zealot
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March 07, 2014, 11:57:00 PM |
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...
I have not seen any more recent information that you quoted (1983). There have been a lot of changes among those NYC banks, Chemical, Chase and JP Morgan all merging being the biggest fish now.
And where does Goldman Sachs now fit in? And part-owner Saudi Prince al-Waleed?
Hmm, a Saudi price and Rothschilds... Cozy!
And any debts that any European owners may have incurred?
***
An update is urgently needed, how about it, Matt Taibbi?
I would like to take this opportunity to extend to you a hearty greeting to our community sir. I have long appreciated your comments at ZH. Welcome!
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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bitinlet
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March 08, 2014, 04:46:53 AM |
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People should start to wake-up to the fact that Fed policy 100% effects the USD price of Bitcoin. And due to that, effects the exchange rate from Bitcoin to all other domestic currencies.
What do you think would happen if the Fed expands QE-to-infinity? I'd bet Bitcoin's price to USD would sky-rocket.
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testcoin
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March 08, 2014, 06:07:40 AM |
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People should start to wake-up to the fact that Fed policy 100% effects the USD price of Bitcoin. And due to that, effects the exchange rate from Bitcoin to all other domestic currencies.
What do you think would happen if the Fed expands QE-to-infinity? I'd bet Bitcoin's price to USD would sky-rocket.
I hope so but I'm afraid it is not going to happen anytime soon. Investors will put most of their money into other traditional currencies instead of Bitcoin, even though the Fed really expands QE-to-infinity one day. The basic fact is that most people still trust traditional currencies far more than Bitcoin.
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Bit_Happy (OP)
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A Great Time to Start Something!
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March 08, 2014, 06:17:27 AM |
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...Shareholders elect six of the nine... Wish they would elect seven of nine. *insert NSFW image of Jeri Ryan here* Too tied up This is about right:
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ning
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March 08, 2014, 12:05:55 PM |
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I heard someone once said that the Federal Reserve is as Federal as Federal Express (FedEx).
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CryptoKilla
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March 08, 2014, 02:39:19 PM |
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Nice tits.. Er I mean pics
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rohan1
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March 08, 2014, 05:52:23 PM |
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Yes,it's true, Federal Reserve are controled by private companies.
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Bit_Happy (OP)
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 09, 2014, 07:08:44 AM |
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Yes the media makes them seem like part of the Gov, but they are not.
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