Is the Fed privately owned?

That's nice, but please learn the difference between "say" and "prove". You haven't offered anything at all to back this up. What banks? What people? How do they control government - via the Fed?

As I said before, its a bit of a contradiction if you pretend that its a big deal the Fed is privately owned and then turn around and say it makes no difference because the elites control everything. Now you and I both know that the central bank story has always been a key element of your conspiracy theory, which makes it all the more strange that you can't explain it. Why not try one more time.

Obviously, since the government doesn't own any banks (excepting Export-Import type banks, not commercial banks).

So simple that by saying it, you have proved it? Come on, repeating it isn't making it more true. Isn't there anything behind your theories other than plugging your ears and saying the elites control everything?

Yes, stated. You offered nothing to back it up, but you sure stated it. I offered evidence it is Federal, you offered nothing except hearsay.

No it is not. I gave links already to back up my case - where's yours? Have you got anything other than say so? You haven't got the faintest clue what you are talking about, you haven't even done good job of memorising what the conspiracy websites told you to think.

Etc freaking etc. The elites (who control everything) control everything because they control everything, because everything is controlled by the elites who are all-controlling. START BACKING UP WHAT YOU SAY.

 

Here you go. Do you consider ZNet a "conspiracy website," too?

http://www.zmag.org/content/showarticle.cfm?ItemID=10501

I am sure Pepik will have some empty retort to this article. Either it is "anti-Semitic" or "anti-capitalist," or whatever. He always resorts to these pathetic smear tactics whenever he cannot come up with any facts. It's very similar to the tactics the establishment media uses to silence any dissenting viewpoint.

 

You can also go directly to the "horse's mouth" here:

http://www.federalreserve.gov/generalinfo/faq/faqfrs.htm

 

"The few who understand the system will either be so interested from its profits or so dependant on its favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863

"Give me control of a nation's money and I care not who makes its laws."-- Mayer Amschel Bauer Rothschild

"Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States." -- Sen. Barry Goldwater (Rep. AR)

"Whoever controls the volume of money in any country is absolute master of all industry and commerce." -- James A. Garfield, President of the United States

"Banks lend by creating credit. (ledger-entry credit, monetized debt) They create the means of payment out of nothing." -- Ralph M. Hawtrey, Secretary of the British Treasury

"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford

"The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations." -- Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982

"Some [Most] people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers." -- Congressional Record 12595-12603 -- Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932

"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers." -- Congressman Louis T. McFadden (Rep. Pa)

 

Here is what money looked like when it was still backed by something

 

Here is the ruling in Lewis v. United States, 680 F.2d 1239 (1982):

http://www.save-a-patriot.org/files/view/frcourt.html

The Federal Reserve Banks are "owned" by private "member banks" (in that each member bank owns nonnegotiable shares of stock in its regional Federal Reserve Bank -from wikipedia, here's the link:

http://en.wikipedia.org/wiki/Federal_Reserve

"The Federal Reserve System represents an almost unique hybrid or blending of elements of governmental power with elements of private ownership and control. Because the authors of the 1913 legislation that set up the Federal Reserve System felt that it was vital to insulate monetary policy from "undue" pressure and influence by partisan politicians obsessed with their own short-range re-election prospects, the Federal Reserve was set up along the lines of an independent regulatory commission -- not as just one more agency of the Executive Branch that would be under the direction of the President and supervised closely by Congress. The private banking community was also given a major role in the running of the Federal Reserve System that continues to give banking interests privileged access to the process by which the US government's monetary policy is made." -Dr. Paul Johnson, Political Science Dept. Auburn University

http://www.auburn.edu/~johnspm/gloss/federal_reserve_system

 

I'm sure pointbreak will dispute the validity of Thomas Schauf's article, but for those less narrowminded here is a link to the entire text:

http://www.apfn.org/APFN/fed_reserve.htm

 

Thanks for all the spam guys. I guess nobody feels comfortable explaining things in their own words.

Stop whining. Your friend Jerome Corsi refers to Arabs as "boy bumping ragheads". Your friend Kevin Barret says "its a zionist big lie that the Germans hated the jews for no reason". Your theory is a cheap ripoff of the Protocols of the Elders of Zion. Its not my fault you continue to use these sources, why should i feel bad for pointing it out.

Now back to your article - it is a rambling editorial written by a blogger hosted by Zmag. It does not claim that monetary policy is set by private banks. I'm not sure you even read it, but i'm sure you don't understand it. It is very hard to debunk long rambling articles when you won't even explain what I supposed to be looking for.

Your grab bag of quotes are useless, many of them predate the Fed and some refer to other countries. And it confirms my suspicion that you don't even know what you are talking about when you say "the fed".

Back when the illuminati controlled everything? So what has changed?

Monetary Policy is set by the FOMC, not by the Federal Reserve Banks. Like Rat, you don't know what "the Fed" means. Your second quote confirms it - it does not say that the Federal Reserve system is owned by private banks, it contradicts that idea.

That article is for people not too narrowminded to want to read about how "Queen Elizabeth controls and has amended Social Security", "The United States is still a British Colony" and has links to www.rense.com, where you can read about how "Uncle Sam wants YOU gay (your children too)", "Israel Controls America", various articles on UFOs, and last but not least "The nonexistant Auschwitcz gas chambers?".

So nice sources you have there. Please don't blame me for pointing that out. If you lie down with dogs, you catch fleas etc.

Anyway, ownership of Regional Federal Reserve bank is not the exclusive preserve of the Rothchilds and other "elite" banks, it is actually mandatory. Any bank can, and the larger ones must, become shareholders. This list is very long.

 

You make no sense whatsoever, first you attack for not offering sources/links and then you attack for offering sources/links, MAKE UP YOUR MIND!

Perhaps you should actually READ my second qoute before you denounce me with your nonsensical rhetoric.

It's funny how out of 18 UNRELATED links at the end of the article, you manage to pick the two with the most shocking titles. Also, their is ONE link to www.rense.com and it is to a copy of the EXACT same article by [size=+1]Thomas D. Schauf, they are hosting it as well, here is the ONLY link to www.rense.com that appears on the page: [/size]http://www.rense.com/ufo2/fedrez.htm

Their is NO MENTION of

In ANY of the links that I gave, you simply dug and dug for any ridiculous little straw you could grasp at to discredit me, so you searched rense.com which I did not list as a source for ANYTHING, until you found some nonsensical bullshit and then tried to lump my argument in with that. This is quite pathetic on your part, you can't back up one thing you say so you resort to disinformation to try to discredit. Keep grasping at those straws pointbreak.

​

 

Ideally I want to hear you explain, not say, how "the Fed" is controlled by private banks, in your own words. If you want to use links to back up parts of that, fine. The problem is that I don't think you actually understand what "the Fed" means, so you say one thing, and then link to something that says something else.

Let me spell it out, if Im being so confusing - What exactly is owned by private banks? How do the private banks control monetary policy? And please don't use generic terms like "the Fed". I'm not asking for a long essay and extensive documentation, just a brief summary of how your conspiracy theory works. The logic of it.

I did - "the Federal Reserve was set up along the lines of an independent regulatory commission" - nothing about private ownership there. "Give banking interests privileged access to the process by which the US government's monetary policy is made" - access to the process is not ownership and control. Aren't you going to show me how "the Fed" is privately owned? These quotes don't do it. In fact, this is from one of your links:

How is this a "Fed" owned and controlled by private banks? Remember, this is YOUR link. Looks like you're the one who didn't read it, not me.

Oh so your source had only two teensy weensy little crackpot links on the page, only only one link to a notorious anti semite and holocaust denier! Not bad for one post I'd say. I'm not telling you what your standards should have, hell if you like crackpot websites, fill yer boots! But if you don't mind using that kind of website as a source, you shouldn't mind people pointing it out either, right?

What did I not back up? What disinformation? Guess you forgot to mention it.

 

I like how you edit things to suit your own agenda. More power to you, i'm done wasting my time trying to have an intelligent debate, this is a waste of time.

 

I responded to your post. I read your links. I quoted from them and explained why they don't prove your case, and often contradict it. What more did you want in a debate?

Let me remind you, since you didn't notice, how I addressed your argument.

====

"the Federal Reserve was set up along the lines of an independent regulatory commission" - nothing about private ownership there. "Give banking interests privileged access to the process by which the US government's monetary policy is made" - access to the process is not ownership and control. Aren't you going to show me how "the Fed" is privately owned? These quotes don't do it. In fact, this is from one of your links:

How is this a "Fed" owned and controlled by private banks? Remember, this is YOUR link. Looks like you're the one who didn't read it, not me.

====

All I asked you to do was to explain what do the private banks own, how do they own it, and how do they use that ownership to control the Federal Reserve System. That's all.

 

Funny how exactly what I predicted came true. Pepik ignored everything presented to him, instead resorting to his typical use of straw men and ad hominem attacks to weasel his way around having to come up with an intelligent and informed response that refutes the fact that the FED is privately owned. As expected, Pepik launches into his usual tirade about "anti-Semites" and "racists," going as far as to say Jerome Corsi and Kevin Barrett are my "friends" because I sourced an article or two from them in another unrelated thread.

You see, Pepik is COINTELPRO. He can deny this. He can laugh at it. Others can laugh at it too if they want and think I am a paranoid nut (which they probably do anyway). The fact is, I know how these people operate and the smear tactics they use, and it is part of the public record that the intelligence agencies having been using these people to infiltrate internet message boards for years now. It seems kind of strange that Pepik's sole intent on coming here is to troll every single one of my threads with his BS rhetoric. He claims he doesn't spend much time here, comparing my post count with his. Yet, it always seems that he's back within a few hours of me posting to counter whatever I say. He was banned from these forums once before for trolling and spamming under the name Pointbreak, but for whatever reason he has been allowed back in here to continue harassing people while pushing his pro-establishment propaganda

Pepik says he provides links to back up his claims, then accuses me for not doing so. When I do provide a link, I am accused of not explaining to him myself. He complains the article is "too long" for him and that it was written by a "blogger." Meanwhile he ignores all information that me and others have provided, insisting the FED is government-owned because the FOMC is appointed by the banker-controlled government to give the public the illusion it's federal when its not. The information provided to Pepik makes it clear the FED is private, yet he blatantly lies and says it's not, countering it with government propaganda about the FOMC being government-appointed, which is absolutely meaningless. Hell, a mainstream documentary was even made about this, which was featured at the Cannes film festival and made it to the #1 spot on Google video for an entire week. (watch it here.) The fact the FED is private is common-knowledge to most even remotely informed people. Yet, Pepik would have us believe that those who say that the FED is private are anti-Semitic kooks. I think the problem is that he's either simply badly uninformed or just has his own agenda, which is to attack those who speak the truth.

To anyone who reads this, who want the truth.... DO THE RESEARCH!!

PS:

Should it come as any surprise where the name "PEPIK" comes from?

http://www.pepik.co.uk/

 

NO, i dont believe it is. Should it be any suprise where the name "Pressed_Rat" comes from http://www.urbandictionary.com/define.php?term=pressed+rat ......lmfao.

 

Yeah, that's the way, give a simplistic answer and don't offer any explanation or sources...what was your point in posting, just to attack someone who may know more than you?

 

Now that is funny shit.

 

What the hell are you talking about. If I ignored everything presented to me, how was I able to quote the parts of Dudenamedrob's links which contradicted his story and supported mine?

Ad homenim attacks - like ignoring my arguments and calling me cointelpro?

These people are anti-semites and racists. You link to anti-semites and racists, and I'll call you out on it.

Check this thread out to see who is trolling who. http://www.hipforums.com/forums/showthread.php?p=3293417#post3293417 Get over yourself Rat - you're the one that tries to turn every Obama thread, every thread about health care, every thread about ANYTHING into a thread about your crackpot theories.

This is a debating forum - and you think people logging on and debating you is suspicious. Get a grip dude.

This is a completely different argument. You are saying a banker controlled government controls everything. But that doesn't prove the Fed isn't Federal, that it isn't controlled by appointees of the Federal government, or that it is owned by private banks.

The Fed is private because its private, everybody knows its private, its like totally private, fed=private, if you say it isn't you're lying, there a film that says its private, pepik has an agenda, yada yada yada....

WHERES THE EVIDENCE? WHERE'S THE LOGIC? Do you even know what "the Fed means"?

It is an undeniable fact that monetary policy is set by the FOMC. It is an undeniable fact that the FOMC is controlled by appointees of the Board of Governors who are appointed by the President and confirmed by the Senate. Who do you think appointed Bernanke? There are no shareholders of the FOMC any more than there are shareholders of the Supreme Court.

How do private banks own the federal reserve and control monetary policy? Don't say it, explain it.

 

So Dudenamed Rob, explain how this quote, from YOUR SOURCE, proves that I am wrong that the Fed is controlled by the government and it is in fact controlled and owned by private bankers.

 

Because you edited what I said to only show the parts that fit in with your agenda. You only paid attention to bits and pieces of what I gave you that fit in with your ideas without looking at the big picture. Then you expect people to debate you and take you seriously?? How so? At every given opportunity you say "you don't even know what the fed is" or you start blasting off about anti-semetic conspiracy theorists that have absolutely nothing to do with what is being said, at a feeble attempt to discredit. ANYONE can disprove ANYTHING if you edit out words to fit your own views.

 

You already know, that is only several sentences out of a 15 paragraph article, which you edited to suit your agenda.