Federal Reserve Being Exposed as World's Biggest Scam!

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posted on Jan, 3 2011 @ 03:06 AM
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Originally posted by spikey
reply to post by mblahnikluver
 


Didn't read all the information from your link - but i read enough...bloody hell.

So THAT'S who the illuminati actually is then...i'd been wondering for some time who and what they really were.

You're right, that is some pretty eye opening reading.

Seriously out of all the stuff I have read on ATS in the last few years that was the most disturbing. It took me a week to read it and I read parts of it twice. Then one time it just disappeared off my computer....which was really odd. I had to hunt it down again and even then the site I found it on was down but that could have been for any number of reasons.




The one thing...the single thing that i cannot understand about the whole treacherous estate, is this:

With all the powerful people, that knew and fought against the 'bad guys', such as President Andrew Jackson, and all the others that knew exactly or mostly, what was going on...why the hell were these 'bad guys' permitted to live and bring their plans for world domination to fruition?

They have money and money equals power sadly.



They themselves had absolutely no problem with assassinating or coercing those that got in their way, why didn't the 'good guys' return the favour?

My opinion is if you get in their way they will kill your entire bloodline. Read the history of what they have done. They did that to some Russian guy, can't think of his name right now...but yeah, get in their way and you are basically erased..and when you have that much money you can do anything. They have trillions..they don't even pay taxes and you will never see their names in the Forbes list.



I mean...ok, they were rich and powerful, but then so were the good guys...heads of state, royalty, rich and powerful in their own rights...why wasn't there a covert plan or even overt plan to simply wipe out the whole lot of them?

From what I gathered alot of them worked together with the family and the others in power. Like I said if you disagreed or got in their way you were eliminated basically. Look at all the ones in power who tried to make a difference...they ended up dead.




It should have been easy enough to accomplish during the 19th century..why didn't they just get rid, and the world today would probably be a much fairer and much safer world for all of us.

If they had no problem with murder and blackmail, why the hell didn't someone do it back to them?


I don't think it was that easy, sounds like it would be but like I said when you have that much money and power even back then it's very easy to pay people off to do anything.




posted on Jan, 3 2011 @ 03:39 AM
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Originally posted by Lebowski achiever
reply to post by mblahnikluver
 


I have to say that this site is very unfortunate. Being Jewish is not about race but about faith. The Rothchilds are Jewish but that has nothing to with where they originally came from and is irrelevant to the history of how they acquired their wealth. This site is a racist's wet dream tbh and undermines the core of truth in this story.



Did I say ANTHING about racisim and jewish people? No I didn't. I don't care if they are Jewish or not.

I responded to the one member, they are Jewish AND do own the Federal Reserve. I said nothing about their race so dont put words in my mouth.



posted on Jan, 3 2011 @ 08:09 AM
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reply to post by Colbomoose
 





I'm from Australia but have always wondered why the Federal Reserve is a private organisation. The name implies otherwise.


This source is probably the best online source of historic information on the Federal Reserve.

Secrets of the Federal Reserve was written by Eustace Mullins, a former member of the staff of the Library of Congress, his colleagues in various libraries helped with the research. The site also contains the videos and audios.

History of the Federal Reserve (Money Masters) - 3:36:06
The Creature from Jekyll Island: A Lecture on the Federal Reserve: Full video 42 min
Eustace Mullins on the Pastor Pete Peterson radio program
Wake Up America - The Federal Reserve System
04/25/06 Audio: Ron Paul re: Money

In reading this excerpt it becomes obvious, that not only is the Fed, private and corrupt, it is not even Constitutional or Lawful. Unfortunately it is so powerful that anyone who challenges it ends up ruined or dead.


SECRETS OF THE FEDERAL RESERVE

the Federal Reserve System is not Federal; it has no reserves; and it is not a system at all, but rather, a criminal syndicate....

...The "monetary reform" plan prepared at Jekyll Island was to be presented to Congress as the completed work of the National Monetary Commission. It was imperative that the real authors of the bill remain hidden. So great was popular resentment against bankers since the Panic of 1907 that no Congressman would dare to vote for a bill bearing the Wall Street taint, no matter who had contributed to his campaign expenses....

The main problem, as Paul Warburg informed his colleagues, was to avoid the name "Central Bank". For that reason, he had decided upon the designation of "Federal Reserve System". This would deceive the people into thinking it was not a central bank. However, the Jekyll Island plan would be a central bank plan, fulfilling the main functions of a central bank; it would be owned by private individuals who would profit from ownership of shares. As a bank of issue, it would control the nation’s money and credit.

In the chapter on Jekyll Island in his biography of Aldrich, Stephenson writes of the conference: "How was the Reserve Bank to be controlled? It must be controlled by Congress. The government was to be represented in the board of directors, it was to have full knowledge of all the Bank’s, affairs, but a majority of the directors were to be chosen, directly or indirectly, by the banks of the association."6

Thus the proposed Federal Reserve Bank was to be "controlled by Congress" and answerable to the government, but the majority of the directors were to be chosen, "directly or indirectly" by the banks of the association. In the final refinement of Warburg’s plan, the Federal Reserve Board of Governors would be appointed by the President of the United States, but the real work of the Board would be controlled by a Federal Advisory Council, meeting with the Governors. The Council would be chosen by the directors of the twelve Federal Reserve Banks, and would remain unknown to the public....

The next consideration was to conceal the fact that the proposed "Federal Reserve System" would be dominated by the masters of the New York money market....

Paul Warburg advanced at Jekyll Island the primary deception which would prevent the citizens from recognizing that his plan set up a central bank. This was the regional reserve system. He proposed a system of four (later twelve) branch reserve banks located in different sections of the country. Few people outside the banking world would realize that the existing concentration of the nation’s money and credit structure in New York made the proposal of a regional reserve system a delusion...

....Senator Nelson Aldrich had insisted that the officials should be appointive, not elected, and that Congress should have no role in their selection...

Warburg responded that the administrators of the proposed central banks should be subject to executive approval by the President. This patent removal of the system from Congressional control meant that the Federal Reserve proposal was unconstitutional from its inception, because the Federal Reserve System was to be a bank of issue. Article 1, Sec. 8, Par. 5 of the Constitution expressly charges Congress with "the power to coin money and regulate the value thereof.". Warburg’s plan would deprive Congress of its sovereignty, and the systems of checks and balances of power set up by Thomas Jefferson in the Constitution would now be destroyed. Administrators of the proposed system would control the nation’s money and credit, and would themselves be approved by the executive department of the government......



posted on Jan, 3 2011 @ 08:32 AM
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Hmm what about these CARTOONS !


SchoolHouse Rock - Where The Money Goes


CONSPIRACY ROCK JFK Assassination



Quantitative Easing Explained - For Kids ! LOL


Corrupt Banking System 1 of 5


dysfunction junction
School HOuse Rock Parody


and Best for Last!

SNL Banned Skit

School House Rock Parday

Mediaopoly !

www.dailymotion.com...

Zeitgeist - Federal Reserve 47 min ( on Google for 2 years )

Google Video Link



If this is Removed since I have Posted this on ATS on the Date of this Post and its been on Google Video for 2 years its only Goes to Shows TPTB Power


The Makers of Zeitgeist has been telling this in the last Few Years when will people Listen ..
edit on 3-1-2011 by Wolfenz because: (no reason given)



posted on Jan, 3 2011 @ 08:42 AM
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reply to post by Subjective Truth
 





It is false hope to think anything will change because it will not. TPTB are smart and look out 10 -20-100 years in the future. We have been formed into a nice little flock. It is sad to say the least.


Why do you think bankers love socialism and hate capitalism? Give me the child and I will give you the man, remember that from the Jesuits? The banksters have learned that lesson very well.

John Dewey, the father of modern education in the USA figured it out. And then proceeded to implement it. Soon no home schooling will be allowed because TPTB need to control all aspects of education.

Heck why do you think the "day-care-abuse cases" were staged? GOVERNMENT Social workers had to WORK to get the kids to REVEAL the molestation.

"In the Little Rascals day-care-abuse case in North Carolina, one mother told reporters that it took 10 months before her child was able to "reveal" the molestation. No one at the time considered the idea that the child might have been remarkably courageous to persist in telling the truth for so long." Carol Tavris www.religioustolerance.org...

The result of course was a public out cry for the "Government to save us" from the EVIL child molesters. Now our toddler babysitting is government run and anyone who gets out of line or ticks someone off gets his children taken away WITHOUT CAUSE. I have seen it happen to several friends and no the child was NOT abused and the government could find no evidence of abuse. However the child was removed anyway "for its own good"

Here is what happened to our education:

Dumbing Down America

Dewey's philosophy had evolved from Hegelian idealism to socialist materialism, and the purpose of the school was to show how education could be changed to produce little socialists and collectivists instead of little capitalists and individualists. It was expected that these little socialists, when they became voting adults, would dutifully change the American economic system into a socialist one.

In order to do so he analyzed the traditional curriculum that sustained the capitalist, individualistic system and found what he believed was the sustaining linchpin -- that is, the key element that held the entire system together: high literacy. To Dewey, the greatest obstacle to socialism was the private mind that seeks knowledge in order to exercise its own private judgment and intellectual authority. High literacy gave the individual the means to seek knowledge independently. It gave individuals the means to stand on their own two feet and think for themselves. This was detrimental to the "social spirit" needed to bring about a collectivist society. Dewey wrote in Democracy and Education, published in 1916:

When knowledge is regarded as originating and developing within an individual, the ties which bind the mental life of one to that of his fellows are ignored and denied.

When the social quaility of individualized mental operations is denied, it becomes a problem to find connections which will unite an individual with his fellows. Moral individualism is set up by the conscious separation of different centers of life. It has its roots in the notion that the consciousness of each person is wholly private, a self-inclosed continent. intrinsically independent of the ideas, wishes, purposes of everybody else.

And he wrote in School and Society in 1899:

The tragic weakness of the present school is that it endeavors to prepare future members of the social order in a medium in which the conditions of the social spirit are eminently wanting ...

The mere absorbing of facts and truths is so exclusively individual an affair that it tends very naturally to pass into selfishness. There is no obvious social motive for the acquirement of merely learning, there is no clear social gain in success threat.


It seems incredible that a man of Dewey's intelligence could state that the sort of traditional education that produced our founding fathers and the wonderful inventors of the 19th century lacked "social spirit" when it was these very individuals who created the freest, happiest, and most prosperous nation in all of human history.... And so, high literacy had to go. Dewey wrote in 1896, after the Laboratory School had been in operation for nine months:

It is one of the great mistakes of education to make reading and writing constitute the bulk of the school work the first two years. The true way is to teach them incidentally as the outgrowth of the social activites at this time. Thus language is not primarily the expression of thought, but the means of social communication ... If language is abstracted from social activity, and made an end in itself, it will not give its whole value as a means of development ... It is not claimed that by the method suggested, the child will learn to read as much, nor perhaps as readily in a given period as by the usual method.....



With that as our educational guiding light is it any wonder that William Schmidt has found the USA on the bottom of the heap in education?

"For 10 years, William Schmidt, a statistics professor at Michigan State University, has looked at how U.S. students stack up against students in other countries in math and science. "In fourth-grade, we start out pretty well, near the top of the distribution among countries; by eighth-grade, we're around average, and by 12th-grade, we're at the bottom of the heap, outperforming only two countries, Cyprus and South Africa."
Source



posted on Jan, 3 2011 @ 09:02 AM
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reply to post by GlennCanady
 


Glenn, a good thread and always relevant as we never get off the Fed's merry-go-round. Jeckyll Island and the Fed have been through the wringer dozens of times on ATS. Judge Napolitano seems a badass but we must take into consideration that he is owned and controlled by Ruppert Murdoch. What we see and hear is what is allowed at best.

Those of us already alert to the banksters will love the cartoon. Those not in tune will likely ignore it. There are reasons why these things make it into the media in any form at all. I think it has to do with venting and a "pressure release". A majority that latch on to a Ron Paul, this cartoon and YouTube videos will get the false security that everybody is on to this and that someone is taking action. We on ATS know it will take substantially more, a virtual revolution in thinking and action to oust the Fed.

This is our "Matrix" for sure and too many are comfortable in their slave pods. I feel certain that most people making up the 15 - 18% actual unemployed are not comfortable. They would be open to this line of thinking but..... and here's the biggest part of this, they are engulfed by the endless details and time wastes of surviving within this system for one more month, week or day. The actual wealth that has been stolen is "time". If you don't have time you are unarmed. If you are unemployed and insolvent you have no time, you are unarmed. The rest of us are rendered harmless by staying on the hamster wheel of personal solvency. We are kept busy, our time is filled. Time is the one commodity that we can't buy. There is no two gallon jar of time in Costco. No time, no threat. Thus it matters not whether we see the cartoon or hear Ron Paul or the good judge. And.... by seeing this on the Fox network, we might be further convinced that the network is even remotely onboard with this.



posted on Jan, 3 2011 @ 09:19 AM
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reply to post by Ghost374
 





You say the UN has no teeth, and I agree with you. But you have to admit that they are trying to give it teeth. When their slogan is "A stronger UN for a better world" they are clearly trying to make the UN stronger.


They did part of it sideways through the World Trade Organization.

But you are correct. They have plans for an overarching world organization. The International Criminal Court was another step.

So is Agenda 21 otherwise known as Sustainable Development which in reality is a return to feudalism;

The Commission on Global Governance:

Another biggie is the Biodiversity Treaty that almost got shoved down the throats of Americans and would have turned complete control of US land use over to the UN. Over 1/2 of the land would be "no humans allowed" (RED) and much of the rest would be "limited access" (YELLOW) leaving only a tiny portion of the country for normal human use shown in GREEN on this MAP The various laws are HERE I have just been alerted that the latest attempt just hit Congress. It is called “"America’s Great Outdoors Act of 2010″sponsored by Harry Reid. It is 1000 or so pages and affects about 23 states. The usual touchy-feely crap unless of course you OWN the land they are stealing, and understand the ultimate goal and it is NOT "preserving the land for our children" but stealing resource laden land for future exploitation by the elite. If no humans are allowed then do one knows what type of mining operations are present now do they?

There are a host of other "do-gooder, touchy-feely" programs all supported by the UN controlled cheerleading teams called NGOs.



posted on Jan, 3 2011 @ 09:59 AM
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reply to post by Hemisphere
 





...This is our "Matrix" for sure and too many are comfortable in their slave pods. I feel certain that most people making up the 15 - 18% actual unemployed are not comfortable....


The elite have done all they can to render us as helpless as possible. High drug use is one method.

Nicole Johnson's Article details how, after WWII the Banker/Corporate elite in the form of the Committee for Economic Development, decided to rip apart the fabric of American society and accomplished their goal by 1974. Once a person's social support system disentigrates they are vulnerable to despair, alcohol and drugs. If you look at the GRAPH of the U.S. incarceration rate you can see the rate stared to increase in the seventies and skyrocketed by 1980.

I am old enough to have noticed one other very interesting thing. While I was in school there were no drugs in the lower grades and few in the upper grades. By the time I graduated drugs had reached grammar school.

Think about it. What better way to spread drug use through out the USA population than to make sure that young drug pushers have access to every school yard? And here you thought Desegregation Busing was about giving blacks access to better education.


If the real goal was better education then specially trained teachers and special school curriculums would have been used to get inner city kids up to speed, but no the solution was to bus and dumb the whole system DOWN to the level of the inner city kids!

Notice how this timing also coincides with the higher incarceration rate.

...the 1971 Swann v. Charlotte-Mecklenburg Board of Education ruling, the Supreme Court upheld the constitutionality of busing to end school segregation... In the 1970s and 1980s, under federal court supervision, many school districts implemented mandatory busing plans within their district. en.wikipedia.org...



posted on Jan, 3 2011 @ 10:20 AM
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Originally posted by Hemisphere
reply to post by GlennCanady
 


This is our "Matrix" for sure and too many are comfortable in their slave pods. I feel certain that most people making up the 15 - 18% actual unemployed are not comfortable. They would be open to this line of thinking but..... and here's the biggest part of this, they are engulfed by the endless details and time wastes of surviving within this system for one more month, week or day.

The actual wealth that has been stolen is "time". If you don't have time you are unarmed. If you are unemployed and insolvent you have no time, you are unarmed. The rest of us are rendered harmless by staying on the hamster wheel of personal solvency. We are kept busy, our time is filled.

Time is the one commodity that we can't buy. There is no two gallon jar of time in Costco. No time, no threat. Thus it matters not whether we see the cartoon or hear Ron Paul or the good judge. And.... by seeing this on the Fox network, we might be further convinced that the network is even remotely onboard with this.


I agree with you on the aspect of time. But as some say, there is no time like now.

Allow me to take you on a hypothetical trip in a time machine back to the 18th century:-

Imagine you were one of the slaves working on plantations, kept on the treadmill of continous output with no time to think or plan. One day, you got sick of it and realized that the owners and you are no different, bleed and love the same, and that you are actually an equal.

You spread the word to your kin and neighbour, and they in turn spread the word. Soon, every plantation slaves decided to down their ploughshears just before harvest,and simply walk out of the plantations, into the deserted unoccupied lands and lived there, living off the land for your needs were small.

Your plantation owners were aghast. The crops lay unharvested in the fields rotting in the fields. Your master cannot force you back, for there are too many of you. His estate managers fled, for to confront you big size muscular lot aint worth sacrificing his life for the masters.

Soon, the farms are abandoned, and the bankers had to foreclose the farms. Your master have no more money to pay his loans for the seeds and advance for his lifestyle. No one wants to buy those farms even at a pittance, for there is no labour to be found to till the fields. The bankers were left holding the ruins.

Soon other depositors got wind of the bankers problem and demanded their deposits back. The bankers than closed shop and ran out of town. to become shipping clerks in another country, for USA had gone native.

=============

Writing letters, peaceful protests, etc, are relatively harmless, but would only create awareness, nothing biting.

Revolutions would only hurt and harm lives on every side.

But it would take courage to down tools, and say enough is enough to slavery, to get back your time and life.



posted on Jan, 3 2011 @ 12:15 PM
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Originally posted by crimvelvet

The elite have done all they can to render us as helpless as possible. High drug use is one method.


I heartily agree Crim! Those are great posts you are making, I hope everyone is seeing those.

I saw the drug problem too from grammar school in the early 60's through college in the mid 70's. Although the inner city busing was not part of my experience in public school, I saw the after effects in college. Inner city students, there with various equal opportunity programs and rarely attending classes. Not everyone folks, perhaps 1 in 5, enough to leave an impression. Spending their time haunting the dorms and "spreading" their product. Of course the more affluent students were buyers. Fortunately that was not my choice. Working three jobs while attending full time leaves no time for play. And... fortunately I was never adventurous in that way. I was scared properly by my parents and one particularly convincing and good hearted teacher in the 5th grade. That kind of upbringing is missing now. Even the most recreational users rarely have the backbone and as we can guess more have dabbled than have not. And so you get "I lived through it, it never damaged me." And every other child is now tagged autistic, ADD, ADHD, mad as a hatter, you name it. Want to know who the users are and were? Watch for the negative responses to my statements.

Time is still involved. TPTB attack us on so many fronts that they fill our time. Keep us unfocused. The "War on Drugs" is just one more front. They have unlimited resources, our sweat and blood, and we have no time. No time, no threat.



posted on Jan, 3 2011 @ 12:31 PM
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Originally posted by SeekerofTruth101

Writing letters, peaceful protests, etc, are relatively harmless, but would only create awareness, nothing biting.

Revolutions would only hurt and harm lives on every side.

But it would take courage to down tools, and say enough is enough to slavery, to get back your time and life.


You are correct of course Seeker. Just curious, have you walked off the plantation yet? I have not yet given up three hots and a cot. And so I'm still part of the problem.

TPTB advertise the first two scenarios because they have had the solutions to those worked out. Refined down through the ages. They promote pacifism, Gandhi, MLK, Jesus and so on. You can beat the living hell out of pacifists adn they have. They also had John Lennon sing openly about "Revolution" and such. Dealing with armed resistance is their stock and trade. You can go with this, you can with that, they got you either way. The great circle jerk of life.



posted on Jan, 3 2011 @ 12:45 PM
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reply to post by Hemisphere
 


I understand. It will take time for the tipping point to be breached, and it will come one day and soon, not only for you, but for all mankind.

The 3rd way was actually tested by our brothers and sisters by divine creation from the chinese ethnic group in China over the apple Ipod issue a few months back. You were right that TPTB were prepared for the 1st two scenario but not the 3rd.

The result was that they attempted to increase the pay, and not only that, when the workers actually gave up and return to their villages for a better life than slaving for the corporations, the corporations actually chased after them, offered the same deal and set up manufacturing plants nearby!

That's something they would have never done in the western hemisphere. And if more of our fellow mankind choose the 3rd option at the same time, as many naturally would for the spirit of mankind is indomitable, We can easily live off nature, if need be, as how our ancestors had lived before, for our basic needs are minimal and Earth is abundant, should push comes to shove. There is no solution to it.

TPTB will have to back off in the long run instead of the authoritarian imposition that they are attempting to foister upon humanity. They too, will want to survive. They are the few, and need us for their greed, while we, the many, have no need of them in order to survive, as our courageous ancestors had shown.

edit on 3-1-2011 by SeekerofTruth101 because: (no reason given)



posted on Jan, 3 2011 @ 02:41 PM
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reply to post by SeekerofTruth101
 





Writing letters, peaceful protests, etc, are relatively harmless, but would only create awareness, nothing biting.

Revolutions would only hurt and harm lives on every side.

But it would take courage to down tools, and say enough is enough to slavery, to get back your time and life.


Many people have already figured that out and essentially formed an underground economy. Do not forget over 50% of American Jobs come from small business.


...Mr. President, you have been so correct in resisting attempts to balance the budget by increasing taxes. The tax load on the average American family is already at counterproductive levels with the underground economy having now grown to an estimated $500 billion per year, costing about $100 billion in lost Federal tax revenues per year.

The size of the underground economy is understandable when one considers that median family income taxes have increased from $9 in 1948 to $2,218 in 1983, or by 246 times. This is runaway taxation at its worst...


Unfortunately the Bankers have already figured this out. They want to kill the Underground Economy and they want to wipe out the cash that makes it possible.


Small businesses threatened with 1099 tax form tyranny provision in health care bill

.. A small section hidden away in the 2,409-page [Obamacare] bill requires all businesses to send 1099 tax forms to every company or individual from which they purchased more than $600 in services and goods throughout the tax year, beginning on January 1, 2012.

As you'll see below, this new law threatens to cause a wave of paperwork chaos across the entire U.S. economy, stifling the operations of small businesses and driving more jobs overseas.

Here's why...

if you're a small business owner, you will be required to issue a 1099 to every business from which you purchased more than $600 worth of goods or services.

Can you imagine having to track and tally every single business purchase you make throughout the year and send 1099 forms to all of them? How about having to collect names and taxpayer identification numbers from every vendor or payee that you dealt with? Can you imagine how long it would take on the phone with Wal-Mart customer service to try to obtain the company's tax ID? Multiply this by the other five hundred companies you do business with, and you start to get an idea of the new burden this is going to place on small businesses across America....

www.naturalnews.com...


Of course there is one little out not mentioned in this article. If you pay with a credit card you do not have to file a 1099 - HELLO CASHLESS SOCIETY!




posted on Jan, 3 2011 @ 03:09 PM
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reply to post by Hemisphere
 





TPTB advertise the first two scenarios because they have had the solutions to those worked out. Refined down through the ages. They promote pacifism, Gandhi, MLK, Jesus and so on. You can beat the living hell out of pacifists adn they have. They also had John Lennon sing openly about "Revolution" and such. Dealing with armed resistance is their stock and trade. You can go with this, you can with that, they got you either way. The great circle jerk of life.


And yes as you can see I have given this a lot of thought and research over the last few years. I am not about to give up my country without a fight.

Knowledge is part of the way to defeat them. That is why they promote socialism and the great dumbing down we have seen since my Grandma was a Latin teacher in high cchool. Ever notice how Latin and Greek are no longer even OFFERED In high school? My Dad took both... In HARLEM NYC no less!

So what can we actually do besides educate people.

Here are the ideas I have scrounged off the internet.

I for example, in response to the new 1099 rule designed to push small businesses into using credit cards, and transferring MORE wealth and power to the banksters. Suggest using the 1099 rule to flood the government and large Corporations with paperwork! www.abovetopsecret.com...

Heck talk to every small business in your home area. Organize people to help them flood the IRS with LEGITIMATE paperwork if need be. There are plenty of retired people around that could help.

The key is to remember we have been given the weapons to fight TPTB, and no I am not talking about guns.

FREE SPEECH:
Again not protests, they are useless. I am talking about communicating the information I just gave you in the above posts on how the banksters and corporations transfer wealth and power from you and me to themselves. I visit Fleamarkets, Farmers markets and Auctions and handout index cards with a punch list to google. (SEE LIST AT BOTTOM) I ask people to tell ten of their friends and to ask them to do the same.


The biggest Achilles Heel of TPTB is the local and state governments. TPTB has tried to control it by using controlled "grassroots" organizations called NGOs who lure young "Activists" into the likes of the World Wildlife Federation. SEE: www.ogiek.org...

Second: Take a leaf out of The fully informed jury movement www.fija.org...

Inform the public and THEN pass state laws.

We have a RIGHT to a trial by jury in criminal matters or in civil matters over $20. Jurors have the RIGHT to NULLIFY laws. That is what "case law" is all about.

The Fully Informed Jury Movement: www.fija.org...

FIJA seeks to require that juries be informed of their nullification rights. Informed jury amendments have been filed as an initiative in seven states and legislation has been introduced in the Alaska state legislature.

...the right of juries to judge both the law and the facts -- to nullify the law if it chose -- became part of British constitutional law.

It ultimately became part of American constitutional law as well, but you'd never know it listening to jury instructions today almost anywhere in the country....

Now a remarkable coalition has sprung up to challenge this secrecy as undemocratic, unconstitutional and dangerous. Though organized by libertarian activists, the Fully Informed Jury Amendment movement includes liberals and conservatives...

...many groups in this country feel the government has overstepped its power in some way and that there must be protection for the natural rights of American citizens. They are defending not only the right to protest or carry a gun or not wear seatbelts but challenging the right of the government to decide such matters without the mediating effect of a jury's judgement of fairness in a particular case.


Another very good idea is "Tenth Amendment Resolutions" and State Nullification State nullification is the idea that the states can and must refuse to enforce unconstitutional federal laws.

In the many discussions across several states, questions have arisen concerning exactly how the "Tenth Amendment Resolution" will help....

The principal motivation came from the myriad of federal mandates which have been placed and are planned to be placed on the states. State legislatures feel they have little choice but to implement these mostly-unfunded mandates and pass the cost for implementation to the state taxpayers. For most state legislators, this is a very frustrating dilemma.

The Tenth Amendment assures that we, the people of the United States of America and each sovereign state in the Union of States, now have, and have always had, rights the federal government may not usurp. Article IV, Section 4 says, "The United States shall guarantee to every state in this Union a republican form of government.....", and the Ninth Amendment states that..."The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people".

We have, through apathy and lack of will, allowed federal legislators and bureaucrats to assert their will over us and commandeer our funds for their own use.... most of it today outside the authority granted to them by the Constitution.

When a state passes this resolution proclaiming its sovereignty, that state may then claim exemption to most federal mandates under the Tenth Amendment of the U.S. Constitution....
by Colorado State Senator Charles Duke
www.sweetliberty.org...



Another weapon, one every single one of us should be pushing for, is state law allowing voters to recall federal Senators and Representatives as well as state officials.
Recall Congress Now Org

However this will be a bitterly fought battle. The last thing TPTB wants is their pet legislators worried about what the voters want instead of what they have been bribed to do.


While 18 of the 50 United States offer their citizens an opportunity to recall their elected officials, it is a fact that in our nation’s history, no federal legislator has yet been recalled.

It has not been for lack of interest. Rather, the process has languished in part due to debates on whether or not legal authority exists for recall of U.S. Senators and Congressmen; and, in the case of Idaho, interference by a state court prevented recall of a federal legislator....

After reviewing the body of law and opinion concerning recall, it is apparent that if recall of federal legislators is to succeed, it will likely only be after an intense battle in the federal court system as to the degree to which the courts will go to allow the literal meaning of the Tenth Amendment to be in force and effect.

As this author reads this language, it appears clear that " the States ‘ and " the people " living with in them, should be recognized to have the right of recall.

But in order to implement a strategy that will enable recall petitions to result in actual removal of errant Senators and Congressmen, considerable legal and political obstacles will present themselves and can only be overcome by understanding the lengths to which those opposed to recall can be expected to go...

Eighteen states have recall provisions. Alaska, Arizona, California, Colorado, Georgia, Idaho, Kansas, Louisiana, Michigan, Minnesota, Montana, Nevada, New Jersey, North Dakota, Oregon, Rhode Island, Washington, and Wisconsin all have recall of some kind available to their voters. Only seven of these states require any grounds.
www.uscitizensassociation.com...


Judges: Appointed vs elected? That is another question we as voters need to think very very carefully about.

Fight at the Federal level if we can but we must ATTACK at the state level NOW.

REFERENCES:
EASY READS:
Web of Debt: How Banks Secretly Create Money: www.webofdebt.com...

Web of Debt: CAMPAIGNING FOR STATE-OWNED BANKS.www.webofdebt.com...

The Creature from Jekyll Island: Federal Reserve,A talk by G. Edward Griffin: www.bigeye.com...

More scholarly Reads:
A PRIMER ON MONEY -SUBCOMMITTEE ON DOMESTIC FINANCE. COMMITTEE ON BANKING AND CURRENCY www.devvy.com...

SECRETS OF THE FEDERAL RESERVE By Eustace Mullins
www.whale.to...
BIBLIOGRAPHY for SECRETS OF THE FEDERAL RESERVE www.whale.to...

Mises on Money www.lewrockwell.com...


(the takeover of the media)
U.S. Congressional Record February 9, 1917: J.P. Morgan interests bought 25 of America's leading newspapers, and inserted their own editors, in order to control the media.

JP Morgan: Our next big media player? (April 13, 2010) JP Morgan controls 54 U.S. daily newspapers,and owns 31 television stations. www.newsandtech.com...

Media Conglomerates, Mergers, Concentration of Ownership: www.globalissues.org...



posted on Jan, 3 2011 @ 03:49 PM
link   
reply to post by crimvelvet
 


Point taken but how will they ever see why this is happening and know that it's not just a passing trend ? It was my contention to rattle some cages that these people have carefully built around themselves to insulate them from the truth . It has been said that we all build our own prisons . They can't hide from this one coming up .



posted on Jan, 3 2011 @ 07:28 PM
link   
reply to post by SimonPeter
 




Point taken but how will they ever see why this is happening and know that it's not just a passing trend ? It was my contention to rattle some cages that these people have carefully built around themselves to insulate them from the truth . It has been said that we all build our own prisons . They can't hide from this one coming up .


I have been trying to wake people up for about five years. First about the takeover of the food supply - (I just got a big YAWN), and later about the Federal Reserve.

With the FED at least there is some interest. Many people are still P.O. about the Big Bank Bailouts and the foreclosures that have wiped out the value of their property. Hit them hard in the purse and people FINALLY start to wake-up.

Here is some useful tidbits on the whole Bailout/Foreclosure scam.

YEAH I research that too


First of all the whole blasted thing was a set-up by the bankers to scam the tax payers - so what else is new?

Remember the bankers control the economy by controlling money. As Milton Friedman said:

“I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression.” www.themoneymasters.com...


Eustace Mullins goes even further in his Secrets of the Federal Reserve and gives some blow by blow accounts of how the bankers manipulated the system to periodically "shear the sheep"

Commenter Byron states on 21 January 2010:


If the readers examine the St. Louis Federal Reserve graph of the M1 money supply (http//research.stlouisfed.org/fred2/series/M1), they will note that whenever the Fed maintains a restrictive monetary policy (flat M1 growth rate) the economy enters a recession. The evidence is particularly striking for the 2008 recession. From 2003 to the fourth quarter of 2008, the Fed restricted the growth of M1; the result was the 2008 recession.

The Fed knows fully well that they created the recession as demonstrated by their subsequent loosening of M1 growth.

Milton Freedman and Anna Schwartz were correct in their assessments of money. www.thefreemanonline.org...


So there is plenty of evidence that the banks created this recession on purpose.

There were three other major parts to the scheme with Obama adding a fourth to allow the maximum amount of profit.

1. The First part were a series of laws put through by Clinton's Administration that allowed interstate banking, mergers, the takeover of smaller banks and a major consolidation of the banking industry. It also allowed banks to expand into the insurance and real estate industry. I list some of them at the bottom.

2. Second was John Kerry's (D-MA) introduction of legislation that resulted in the "Housing and Community Development Act of 1992" It was signed into law by G.W. Bush.


Today I am signing into law H.R. 5334, the "Housing and Community Development Act of 1992." This bill establishes a sound regulatory structure for Government-sponsored enterprises (GSEs), combats money laundering, provides essential regulatory relief to financial institutions, authorizes several key Administration housing initiatives,...The regulatory burden that the Congress has placed on our banking system has reached a staggering level that prevents banks from providing the credit that is necessary to assure economic growth. By reducing the regulatory burden, this bill will assist banks, borrowers, and the economy as a whole....

My Administration worked diligently to craft a compromise housing bill that would target assistance where it is needed most, expand homeownership opportunities, ensure fiscal integrity, and empower recipients of Federal housing assistance....
George Bush

The White House,

October 28, 1992.
Note: H.R. 5334, approved October 28, was assigned Public Law No. 102 - 550. This statement was released by the Office of the Press Secretary on October 29. www.presidency.ucsb.edu...


The third part was again a law, or rather the LACK of a law.

...In the Commodity Futures Modernization Act in the year 2000, they specifically exempted credit default swaps from being treated as gaming under any state laws. And they had to do that, because they were afraid that they were going to be regulated by... state gaming agencies.
www.democracynow.org...

(The above article is very well worth the read.) As is The Big Takeover: How Wall Street Insiders are Using the Bailout to Stage a Revolution: The global economic crisis isn't about money - it's about power. by Matt Taibbi www.commondreams.org...


When the bankers contracted the money supply in 2008, they burst the housing bubble and started a recession. People started defaulting on their mortgages and the people who used credit default swaps to bet the mortgages WOULD default came looking for their money. AIG didn't have the money so the US government bailed them out.

The American tax payer of course got screwed twice or more. Once by losing the house and a second time by covering the bets that the mortgage would default. It would of course have been cheaper for the government (and the tax payer) to refinance the loans at an amount and interest rate the people could afford. Or better yet to tell AIG and the banks TOUGH LUCK DON"T GAMBLE!

Why didn't they?

...Cassano [former head of the AIG derivatives unit] sells $500 billion of CDS protection with at least $64 billion of that tied in the subprime mortgage market....

...These instruments were unregulated. They were designated outside the regulation of—they couldn’t be regulated as futures commodities or as gaming, so there were no rules about this. So you could sell as much CDS protection as you wanted, but you didn’t have to actually post any capital when you did it....

Goldman Sachs, it turns out, was Cassano’s largest customer

...Goldman Sachs actually had bought $20 billion worth of those guarantees, so that when we bailed out AIG, we were effectively bailing out Goldman Sachs, because AIG owed Goldman Sachs $20 billion.

And that’s significant, because who was the Treasury Secretary who engineered this bailout? It was Hank Paulson, who was the former head of Goldman Sachs....
www.democracynow.org...


This of course was the key to the whole scam. The credit default swaps (CDS) were used to guarantee mortgage-backed securities. Since most people will go hungry to make sure their mortgage is paid, these were considered a "sure bet" There was no reserve requirement with CDS because there's no government regulation so the "bets" were not backed by sufficient money.


CDS premium revenue is not restricted to those who might have actual losses or real assets to protect. You can bet as much as you want and create as many CDS as you want....
www.realtytrac.com...


In other words there maybe more than one CDS on a mortgage and therefore it is much more profitable to collect the multiple payoffs than to refinance the mortgage.



And then we come to Obama's contribution to the plan.


Nearly 50 percent leave Obama mortgage-aid program [meaning they end up in foreclosure]

Obama mortgage-aid effort is struggling to stem the rising number of foreclosures in US finance.yahoo.com...



Senior investors, who are typically financial institutions, own the AAA tranches that are insured against default by AIG, and they WANT to foreclose on the Middle Class so that insurance payments kick in. Conversely, the junior tranche investors want workouts with homeowners because their investment is not insured.
 
“To ensure that the mortgage servicer pushes default instead of workout, the servicer is paid double (50 basis points versus 25 basis points) by the MBS to service a loan in default. Why do you think your servicer tells you that you must be in default before it will consider a mortgage modification, a practice known as invited default?
 
“Simply put,” says Parker, “the government bailout of AIG has actually encouraged foreclosures because the taxpayers continue to fill AIG’s coffers with enough cash to pay out insurance on defaulted home loans.”
www.realtytrac.com...


The Obama "loan modification" pushes people into default by setting up a reduced payment plan. The bank then drags out the loan modification process by losing paperwork etc etc for about a year and then tells the home owner they do not qualify and hands them a bill for several thousand dollars due within one month. If you are lucky enough to scrap together the money the bank then is unable to give you the exact amount because you are liable for their Lawyers fees which are of course always change every time you try to get a straight answer. If you do not have a pit bull of a lawyer to represent you, you lose the property.


The worse part are all the recent laws that modified the banking system and removed the safeguards that had been put in place. This shows that Congress helped the bankers set the American people up for a gigantic rip off. They are was just as guilty as the bankers.

A list of important banking laws can be found here: www.fdic.gov...

For example:


The McFadden Act of 1927 or Amendment to the National Banking Laws and the Federal Reserve Act (P.L. 69-639, 44 STAT. 1224): Prohibited interstate banking.

Clinton's Law: Negating above:
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (P.L. 103-328, 108 STAT. 2338).
Permits bank holding companies to acquire banks in any state one year Beginning June 1, 1997, allows interstate mergers.

The Glass-Steagall Act or Banking Act of 1933 (P.L. 73-66, 48 STAT. 162): Separated commercial banking from investment banking, establishing them as separate lines of commerce.


Bank Holding Company Act of 1956 (P.L. 84-511, 70 STAT. 133): Prohibited bank holding companies headquartered in one state from acquiring a bank in another state.

Clinton's Law: Negating both of the above laws:
Gramm-Leach-Bliley Act of 1999 (P.L. 106-102, 113 STAT 1338)
(pdf version from Government Printing Office.)
Repeals last vestiges of the Glass Steagall Act of 1933. Modifies portions of the Bank Holding Company Act to allow affiliations between banks and insurance underwriters. Law creates a new financial holding company authorized to engage in: underwriting and selling insurance and securities, conducting both commercial and merchant banking, investing in and developing real estate and other "complimentary activities."
Allows national banks to underwrite municipal bonds.
Amends the Community Reinvestment Act to require that financial holding companies can not be formed before their insured depository institutions receive and maintain a satisfactory CRA rating.
Makes significant changes in the operation of the Federal Home Loan Bank System, easing membership requirements and loosening restrictions on the use of FHLB funds.


MORE:
Federal Deposit Insurance Corporation Improvement Act of 1991 (P.L. 102-242, 105 STAT. 2236).
Also known as FDICIA. FDICIA greatly increased the powers and authority of the FDIC. Major provisions recapitalized the Bank Insurance Fund and allowed the FDIC to strengthen the fund by borrowing from the Treasury.
The act mandated a least-cost resolution method and prompt resolution approach to problem and failing banks and ordered the creation of a risk-based deposit insurance assessment scheme. Brokered deposits and the solicitation of deposits were restricted, as were the non-bank activities of insured state banks. FDICIA created new supervisory and regulatory examination standards and put forth new capital requirements for banks. It also expanded prohibitions against insider activities and created new Truth in Savings provisions.
TRANSLATION: Allowed big banks to gobble up smaller banks more easily.

Housing and Community Development Act of 1992 (P.L. 102-550, 106 STAT. 3672).

RTC Completion Act (P.L. 103-204, 107 STAT. 2369):
implement provisions designed to improve the agency's record in providing business opportunities to minorities and women.. Expands the existing affordable housing programs of the RTC and the FDIC by broadening the potential affordable housing stock of the two agencies.
Increases the statute of limitations on RTC civil lawsuits. In cases in which the statute of limitations has expired, claims can be revived for fraud and intentional misconduct resulting in unjust enrichment or substantial loss to the thrift.



posted on Jan, 4 2011 @ 09:28 AM
link   

Originally posted by crimvelvet
reply to post by SimonPeter
 




Point taken but how will they ever see why this is happening and know that it's not just a passing trend ? It was my contention to rattle some cages that these people have carefully built around themselves to insulate them from the truth . It has been said that we all build our own prisons . They can't hide from this one coming up .


I have been trying to wake people up for about five years. First about the takeover of the food supply - (I just got a big YAWN), and later about the Federal Reserve.

With the FED at least there is some interest. Many people are still P.O. about the Big Bank Bailouts and the foreclosures that have wiped out the value of their property. Hit them hard in the purse and people FINALLY start to wake-up.

Here is some useful tidbits on the whole Bailout/Foreclosure scam.

YEAH I research that too


First of all the whole blasted thing was a set-up by the bankers to scam the tax payers - so what else is new?

Remember the bankers control the economy by controlling money. As Milton Friedman said:

“I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression.” www.themoneymasters.com...


Eustace Mullins goes even further in his Secrets of the Federal Reserve and gives some blow by blow accounts of how the bankers manipulated the system to periodically "shear the sheep"

Commenter Byron states on 21 January 2010:


If the readers examine the St. Louis Federal Reserve graph of the M1 money supply (http//research.stlouisfed.org/fred2/series/M1), they will note that whenever the Fed maintains a restrictive monetary policy (flat M1 growth rate) the economy enters a recession. The evidence is particularly striking for the 2008 recession. From 2003 to the fourth quarter of 2008, the Fed restricted the growth of M1; the result was the 2008 recession.

The Fed knows fully well that they created the recession as demonstrated by their subsequent loosening of M1 growth.

Milton Freedman and Anna Schwartz were correct in their assessments of money. www.thefreemanonline.org...


So there is plenty of evidence that the banks created this recession on purpose.

There were three other major parts to the scheme with Obama adding a fourth to allow the maximum amount of profit.

1. The First part were a series of laws put through by Clinton's Administration that allowed interstate banking, mergers, the takeover of smaller banks and a major consolidation of the banking industry. It also allowed banks to expand into the insurance and real estate industry. I list some of them at the bottom.

2. Second was John Kerry's (D-MA) introduction of legislation that resulted in the "Housing and Community Development Act of 1992" It was signed into law by G.W. Bush.


Today I am signing into law H.R. 5334, the "Housing and Community Development Act of 1992." This bill establishes a sound regulatory structure for Government-sponsored enterprises (GSEs), combats money laundering, provides essential regulatory relief to financial institutions, authorizes several key Administration housing initiatives,...The regulatory burden that the Congress has placed on our banking system has reached a staggering level that prevents banks from providing the credit that is necessary to assure economic growth. By reducing the regulatory burden, this bill will assist banks, borrowers, and the economy as a whole....

My Administration worked diligently to craft a compromise housing bill that would target assistance where it is needed most, expand homeownership opportunities, ensure fiscal integrity, and empower recipients of Federal housing assistance....
George Bush

The White House,

October 28, 1992.
Note: H.R. 5334, approved October 28, was assigned Public Law No. 102 - 550. This statement was released by the Office of the Press Secretary on October 29. www.presidency.ucsb.edu...


The third part was again a law, or rather the LACK of a law.

...In the Commodity Futures Modernization Act in the year 2000, they specifically exempted credit default swaps from being treated as gaming under any state laws. And they had to do that, because they were afraid that they were going to be regulated by... state gaming agencies.
www.democracynow.org...

(The above article is very well worth the read.) As is The Big Takeover: How Wall Street Insiders are Using the Bailout to Stage a Revolution: The global economic crisis isn't about money - it's about power. by Matt Taibbi www.commondreams.org...


When the bankers contracted the money supply in 2008, they burst the housing bubble and started a recession. People started defaulting on their mortgages and the people who used credit default swaps to bet the mortgages WOULD default came looking for their money. AIG didn't have the money so the US government bailed them out.

The American tax payer of course got screwed twice or more. Once by losing the house and a second time by covering the bets that the mortgage would default. It would of course have been cheaper for the government (and the tax payer) to refinance the loans at an amount and interest rate the people could afford. Or better yet to tell AIG and the banks TOUGH LUCK DON"T GAMBLE!

Why didn't they?

...Cassano [former head of the AIG derivatives unit] sells $500 billion of CDS protection with at least $64 billion of that tied in the subprime mortgage market....

...These instruments were unregulated. They were designated outside the regulation of—they couldn’t be regulated as futures commodities or as gaming, so there were no rules about this. So you could sell as much CDS protection as you wanted, but you didn’t have to actually post any capital when you did it....

Goldman Sachs, it turns out, was Cassano’s largest customer

...Goldman Sachs actually had bought $20 billion worth of those guarantees, so that when we bailed out AIG, we were effectively bailing out Goldman Sachs, because AIG owed Goldman Sachs $20 billion.

And that’s significant, because who was the Treasury Secretary who engineered this bailout? It was Hank Paulson, who was the former head of Goldman Sachs....
www.democracynow.org...


This of course was the key to the whole scam. The credit default swaps (CDS) were used to guarantee mortgage-backed securities. Since most people will go hungry to make sure their mortgage is paid, these were considered a "sure bet" There was no reserve requirement with CDS because there's no government regulation so the "bets" were not backed by sufficient money.


CDS premium revenue is not restricted to those who might have actual losses or real assets to protect. You can bet as much as you want and create as many CDS as you want....
www.realtytrac.com...


In other words there maybe more than one CDS on a mortgage and therefore it is much more profitable to collect the multiple payoffs than to refinance the mortgage.



And then we come to Obama's contribution to the plan.


Nearly 50 percent leave Obama mortgage-aid program [meaning they end up in foreclosure]

Obama mortgage-aid effort is struggling to stem the rising number of foreclosures in US finance.yahoo.com...



Senior investors, who are typically financial institutions, own the AAA tranches that are insured against default by AIG, and they WANT to foreclose on the Middle Class so that insurance payments kick in. Conversely, the junior tranche investors want workouts with homeowners because their investment is not insured.
 
“To ensure that the mortgage servicer pushes default instead of workout, the servicer is paid double (50 basis points versus 25 basis points) by the MBS to service a loan in default. Why do you think your servicer tells you that you must be in default before it will consider a mortgage modification, a practice known as invited default?
 
“Simply put,” says Parker, “the government bailout of AIG has actually encouraged foreclosures because the taxpayers continue to fill AIG’s coffers with enough cash to pay out insurance on defaulted home loans.”
www.realtytrac.com...


The Obama "loan modification" pushes people into default by setting up a reduced payment plan. The bank then drags out the loan modification process by losing paperwork etc etc for about a year and then tells the home owner they do not qualify and hands them a bill for several thousand dollars due within one month. If you are lucky enough to scrap together the money the bank then is unable to give you the exact amount because you are liable for their Lawyers fees which are of course always change every time you try to get a straight answer. If you do not have a pit bull of a lawyer to represent you, you lose the property.


The worse part are all the recent laws that modified the banking system and removed the safeguards that had been put in place. This shows that Congress helped the bankers set the American people up for a gigantic rip off. They are was just as guilty as the bankers.

A list of important banking laws can be found here: www.fdic.gov...

For example:


The McFadden Act of 1927 or Amendment to the National Banking Laws and the Federal Reserve Act (P.L. 69-639, 44 STAT. 1224): Prohibited interstate banking.

Clinton's Law: Negating above:
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (P.L. 103-328, 108 STAT. 2338).
Permits bank holding companies to acquire banks in any state one year Beginning June 1, 1997, allows interstate mergers.

The Glass-Steagall Act or Banking Act of 1933 (P.L. 73-66, 48 STAT. 162): Separated commercial banking from investment banking, establishing them as separate lines of commerce.


Bank Holding Company Act of 1956 (P.L. 84-511, 70 STAT. 133): Prohibited bank holding companies headquartered in one state from acquiring a bank in another state.

Clinton's Law: Negating both of the above laws:
Gramm-Leach-Bliley Act of 1999 (P.L. 106-102, 113 STAT 1338)
(pdf version from Government Printing Office.)
Repeals last vestiges of the Glass Steagall Act of 1933. Modifies portions of the Bank Holding Company Act to allow affiliations between banks and insurance underwriters. Law creates a new financial holding company authorized to engage in: underwriting and selling insurance and securities, conducting both commercial and merchant banking, investing in and developing real estate and other "complimentary activities."
Allows national banks to underwrite municipal bonds.
Amends the Community Reinvestment Act to require that financial holding companies can not be formed before their insured depository institutions receive and maintain a satisfactory CRA rating.
Makes significant changes in the operation of the Federal Home Loan Bank System, easing membership requirements and loosening restrictions on the use of FHLB funds.


MORE:
Federal Deposit Insurance Corporation Improvement Act of 1991 (P.L. 102-242, 105 STAT. 2236).
Also known as FDICIA. FDICIA greatly increased the powers and authority of the FDIC. Major provisions recapitalized the Bank Insurance Fund and allowed the FDIC to strengthen the fund by borrowing from the Treasury.
The act mandated a least-cost resolution method and prompt resolution approach to problem and failing banks and ordered the creation of a risk-based deposit insurance assessment scheme. Brokered deposits and the solicitation of deposits were restricted, as were the non-bank activities of insured state banks. FDICIA created new supervisory and regulatory examination standards and put forth new capital requirements for banks. It also expanded prohibitions against insider activities and created new Truth in Savings provisions.
TRANSLATION: Allowed big banks to gobble up smaller banks more easily.

Housing and Community Development Act of 1992 (P.L. 102-550, 106 STAT. 3672).

RTC Completion Act (P.L. 103-204, 107 STAT. 2369):
implement provisions designed to improve the agency's record in providing business opportunities to minorities and women.. Expands the existing affordable housing programs of the RTC and the FDIC by broadening the potential affordable housing stock of the two agencies.
Increases the statute of limitations on RTC civil lawsuits. In cases in which the statute of limitations has expired, claims can be revived for fraud and intentional misconduct resulting in unjust enrichment or substantial loss to the thrift.







So.... [that was a [very important] mouthful]... couldn't people 1) stick it to the banks, quicker, and 2) maintain more of their assets longer... by communing? If I got 5 of my friends to just walk out on their mortgages (which the MBA did on their $75 MILLION facility so they could move into another building right down the street), and move into my 'mansion'... would that be helping or harming the problem? (it'd certainly be helping us in the short term, no?)



posted on Jan, 4 2011 @ 02:29 PM
link   
Fantastic,This looks great and I look forward to being able to watch this.I have done some research on this matter and have believed the fed. reserve to be a evil institution ment to enslave us for a while.I will be watching this with my 7 yr old son as soon as this comes out!



posted on Jan, 4 2011 @ 02:32 PM
link   
Here's a great little video about how the sheeple have all of their money taken away from them to support the lifestyle of the ruling class.




posted on Jan, 4 2011 @ 03:29 PM
link   

Originally posted by Phenomium
Charles Lindhberg, spoke out and revealed the The bankers manifesto of 1892 and we know what happened to him. His child was kidnapped and grusomely murdered.


That article says the banking manifesto of 1892 was revealed sometime between 1907-1917. Aviator Charles Lindbergh was born in 1902. I'm going to assume these are actually different people...





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