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Originally posted by xuenchen
Originally posted by TheImmaculateD1
reply to post by xuenchen
Financial Reform, Liddy Ledbetter Act, Matthew Sheppard Act, SCHIP!
You need to be specific.
Who benefits
Who pays
The majority benefits how?
Do the administrators get rich?
Who pays for failures?
1. The people benefit on all!
2. The corporations!
3. On Financial the people, on Liddy the worker, HCR SCHIP the kids and the parents!
4. No.
5. The corporations and conglomerates!
As to your sig, modify to read, "All Roads Lead to Wall Street!"!
In a couple of years it isn't gonna matter anymore. Private control over our money ends in 54 weeks and the new currency is rolled out by 2016 with the phrase "Federal Reserve Note" deleted from the observe top side of the bill as it's not an actual currency but a banknote backed by nothing, zilch, zip, nadda meaning it's as worthless as the fabric sheet it was printed on and the fabric is worth a helluva lot more then the denomination depicted. The way this ties into Financial reform into this is that it is to serve as a launchpad to delete The SCUM's influence into our nation's affairs. The US Secret Service as of now is under the control of The Federal Reserve and it was determined in 07 that this is a conflict of interest and was the reason for this need to nationalize The Federal Reserve so that our bankers aren't the same people who control the detail on POTUS so that they can't leverage the nation via that avenue as all they'd have to do is to get someone to call in a threat to him so that they can use that avenue to leverage our POTUS.
Mar 15, 2011 - Introduced in House. This is the original text of the bill as it was written by its sponsor and submitted to the House for consideration. This is the latest version of the bill currently available on GovTrack.
HR 1094 IH
112th CONGRESS
1st Session
H. R. 1094
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
March 15, 2011
Mr. PAUL introduced the following bill; which was referred to the Committee on Financial Services
--------------------------------------------------------------------------------
A BILL
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘Federal Reserve Board Abolition Act’.
SEC. 2. FEDERAL RESERVE BOARD ABOLISHED.
(a) In General- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System and each Federal reserve bank are hereby abolished.
(b) Repeal of Federal Reserve Act- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Federal Reserve Act is hereby repealed.
(c) Disposition of Affairs-
(1) MANAGEMENT DURING DISSOLUTION PERIOD- During the 1-year period referred to in subsection (a), the Chairman of the Board of Governors of the Federal Reserve System--
(A) shall, for the sole purpose of winding up the affairs of the Board of Governors of the Federal Reserve System and the Federal reserve banks--
(i) manage the employees of the Board and each such bank and provide for the payment of compensation and benefits of any such employee which accrue before the position of such employee is abolished; and
(ii) manage the assets and liabilities of the Board and each such bank until such assets and liabilities are liquidated or assumed by the Secretary of the Treasury in accordance with this subsection; and
(B) may take such other action as may be necessary, subject to the approval of the Secretary of the Treasury, to wind up the affairs of the Board and the Federal reserve banks.
(2) LIQUIDATION OF ASSETS-
(A) IN GENERAL- The Director of the Office of Management and Budget shall liquidate all assets of the Board and the Federal reserve banks in an orderly manner so as to achieve as expeditious a liquidation as may be practical while maximizing the return to the Treasury.
(B) TRANSFER TO TREASURY- After satisfying all claims against the Board and any Federal reserve bank which are accepted by the Director of the Office of Management and Budget and redeeming the stock of such banks, the net proceeds of the liquidation under subparagraph (A) shall be transferred to the Secretary of the Treasury and deposited in the General Fund of the Treasury.
(3) ASSUMPTION OF LIABILITIES- All outstanding liabilities of the Board of Governors of the Federal Reserve System and the Federal reserve banks at the time such entities are abolished, including any liability for retirement and other benefits for former officers and employees of the Board or any such bank in accordance with employee retirement and benefit programs of the Board and any such bank, shall become the liability of the Secretary of the Treasury and shall be paid from amounts deposited in the general fund pursuant to paragraph (2) which are hereby appropriated for such purpose until all such liabilities are satisfied.
(d) Report- At the end of the 18-month period beginning on the date of the enactment of this Act, the Secretary of the Treasury and the Director of the Office of Management and Budget shall submit a joint report to the Congress containing a detailed description of the actions taken to implement this Act and any actions or issues relating to such implementation that remain uncompleted or unresolved as of the date of the report.
Originally posted by TheImmaculateD1
reply to post by xuenchen
This was already handled on the other thread!
Originally posted by TheImmaculateD1
...which allows them to gouge us here all to funnel it to places like The Cayman Islands as that is one giant tax haven. Allow at least 1/4 of that to be issued back to Govt in the form of taxes and watch how fast we recover...
Originally posted by TheImmaculateD1
reply to post by macman
I do not answer to you and have nothing to prove to you as in your world the US would be a figment of the past. You've already stated this in not too many words.
You only know of what tv news orders you!
Originally posted by TheImmaculateD1
reply to post by macman
There are more millionaires and 1 billionaire in Congress then in the general populous by comparison so that is who is holding us up.
Originally posted by TheImmaculateD1
reply to post by macman
I've already answered your query multiple times but it is you who won't listen because it's an answer that you don't want to hear.
It is not a case of oneupmanship so quit trying to one up me with propaganda.edit on 20-12-2011 by TheImmaculateD1 because: (no reason given)
Originally posted by TheImmaculateD1
(To the Admins and Mods, I apologize in advance if I am in violation of any site rule but this new rise of Anti Americanism is sickening and seriously needs to be addressed and do not wish to see ATS being taken over by this new Anti American sentinment! D1)
Originally posted by TheImmaculateD1
Ignorance to the obvious is no excuse for complacency! By defending The SCUM here day after day means you've already forfeited your rights and freedoms to The SCUM and it is now clear that they own you and can manipulate you into believing anything they want.
Originally posted by TheImmaculateD1
If Obama came out tomorrow and said the sky is blue, you'd argue to the death and bitter end that it is orange all to not being seen in agreeance with him on anything. If he said tomorrow to not tax the rich you'd want the rich taxed, if he said that Iran was next you'd claim he's a dictator. He or the nation cannot win on a thing when the opposition is so fervently and obviously against the nation itself that you and the rest of the braindeads would rather see this nation collapse and die all to not allow The "black man in The WH" to have one damn success story. It's beyond racism, it's now Anti American.
Originally posted by TheImmaculateD1
Since you obvious stand against firmly every single plan to bring the nation forth you are a terrorist and should be treated like the Anti American you are.
Originally posted by TheImmaculateD1
Get real and get lost and let the adults who really care about this nation be allowed to debate the topics of the day without being Anti American! No wonder why I support The NDAA, to weed out who is in fact against this nation.
Originally posted by TheImmaculateD1
Assets in tax haven nations like The Cayman Islands and in Switzerland.