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#309260 - 03/09/10 10:36 PM Re: Preparing For a Run On Banks? [Re: Chocolategenii]
stone Offline

Computer Tips Moderator

Registered: 01/07/03
Loc: NH
Whoa... Slow down there my hysterical children.

Just so you know, the Federal Reserve's profit gets turned over to the US Treasury. That means us.
_________________________
--Stone--
"Our schools have been scientifically designed to prevent over-education from happening. The average American [should be] content with their humble role in life, because they're not tempted to think about any other role."
-William Torrey Harris, U.S. Commissioner of Education from 1889-1906.

Jim Webb for President!!

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#309261 - 03/09/10 10:40 PM Re: Preparing For a Run On Banks? [Re: stone]
stone Offline

Computer Tips Moderator

Registered: 01/07/03
Loc: NH
The majority of the money we borrow, as a government, isn't from the Chinese. It's from the Federal Reserve. The majority of the interest we owe is to the Reserve. Which means, we owe interest to a massive debt that we own.

So simmer your asses down. The sky is not falling.
_________________________
--Stone--
"Our schools have been scientifically designed to prevent over-education from happening. The average American [should be] content with their humble role in life, because they're not tempted to think about any other role."
-William Torrey Harris, U.S. Commissioner of Education from 1889-1906.

Jim Webb for President!!

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#309263 - 03/10/10 02:08 AM Re: Preparing For a Run On Banks? [Re: stone]
Red Offline
veteran member

Registered: 04/27/09
We don't own the Federal Reserve. Rich banker families do. And only some of the "profit" gets turned over. They take a hell of a lot more money from Taxpayers than just the profit. That is just the end result after they line everyone's pockets - 52 Billion. If you want to know how much they take from us, instead of us having NO INTEREST as dictated by the Constitution, then look at the % of Total Federal Revenues paid in interest on our debt. I don't even want to look because I'll have a fucking coronary.


Edited by Red (03/10/10 02:11 AM)
_________________________
Doing my part to stick it to THE MAN!

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#309269 - 03/10/10 10:56 AM Re: Preparing For a Run On Banks? [Re: Red]
Chocolategenii Offline

Domestic Affairs Moderator

Registered: 10/03/06
Loc: California
I believe the US borrows more from Japan than China? Regardless...the Japanese (and Chinese) financial dynasty can be traced back to the Rothchilds. Edmund Rothchild (each Rothchild kid has his own territory). Edmund and Tsunano Okumura teamed to create the financial giant - House of Nomura. Evelyn Rothchild, not wanting to be out done by his brother created a joint venture with the second largest bank in China...
No matter where we borrow folks...whether it be borrowing from their Federal Reserve.... or one of their other financial giants set up in Japan and China, we borrow paper money from them - those Rothchild fat cats...making them richer and richer.

The sky certainly isn't falling, and neither are the Rothchilds falling...but we the people are snookered!

Stone, what was it that Henry Ford once said?...."It is well enough that the people of the nation do not understand our banking system for, if they did, I believe there would be a revolution before tomorrow morning."
_________________________
"All things are our relatives; what we do to everything, we do to ourselves. All is really ONE."
Lakota leader Black Elk

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#309281 - 03/10/10 07:23 PM Re: Preparing For a Run On Banks? [Re: stone]
cassielA Offline
Absolutely incredible, in the literal sense

Registered: 08/04/02
Hello Red and Stone.I was just explaining to a friend of mine tonight about the reasons given for the credit crunch,I told my friend that the credit cruch was caused by the same people that orchestrated the financial crisis in the early 30's that allowed Hitler to rise,the question is what is planned for us?.I said to my friend that you had to hand it to the wickedly wise how they have manufactured this financial crisis which will not be solved before 21/12/2012.

We will have a run on banks because the stage has been set by the bankers themselves.Is it me or can someone smell something fishy people keep telling me that this was the worst financial crisis since the 30's and nobody in the federal reserve saw it coming,hell they were still raising interest rates when all the warning lights and sirens were going off in the American economy warning about the coming catastrophe.To me the Federal Reserve saw the financial iceberg,and drove the American economy right into it.

In 2006 when the American stock market was just about to boil over and go into meltdown mode I was trained up to offer loans and overdrafts to customers,this meant as soon as a customer came through to our department I could press a button and I would know if this business customer was eligable for further borrowings.The joke was as soon as we were trained up the ability to offer loans and overdrafts was taken from us,I thought this was strange consindering how much it cost the bank in time and money.Whatever the reason was the bank that I work for knew something was up before the public.

Speaking of Henry Ford he also said this:
Quote:
It is perfectly silly to begin to damn us before it has been shown that our statements are baseless or reckless. The first item to be considered is the truth of what we have set forth. And that is precisely the item which our critics choose to evade. Readers of our articles will see at once that we are not actuated by any kind of prejudice, except it may be a prejudice in favour of the principles which have made our civilization.


Well said that man.
_________________________
"Ever since MTV arrived in our living rooms, there has been an inordinate amount of emphasis on beauty and youth and appearance - none of which enters our consciousness through our ears"

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