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Phil Abuster Phil Abuster is offline
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First recorded activity by BoatBanter: Feb 2008
Posts: 26
Default For Larry's eyes only!


wrote in message
...
Larry wrote:
The first lie is that the US Government prints the dollar bill, as if the
government bureaucrats had control of it. This is the BIG LIE, because
the
bill hasn't been printed by the US Government in decades.


Actually, few governments in the world now or back in history....
including the Roman Empire... printed or coined their own money. For
the most part, it's done by contractors.


So the US Mint and the Dept of Printing of Engraving are private
contractors?



.... Across the front
of it one can see it's a FEDERAL RESERVE NOTE, a promise from a PRIVATE
BANK the government has no control over owned by a shadowy group of
international bankers, The Federal Reserve, which is as "Federal" as
Federal Express, runs the US Central Bank and LOANS MONEY AT INTEREST to
the government for the interminable wars the USA involves itself in since
the Fed took over and started this scam in 1913, by a voice vote as most
of
Congress had gone home for Christmas.


Wow, that's a world champion run-on sentence, Larry. Actually the
Federal Reserve is not a private bank and is controlled by the
President and Congress as much as the CIA and the Army. For example,
how does one become a director of the Fed? How does one become
Chairman?


The President is Commander in Chief of the Army, is he also Commander in
Chief of the Federal Reserve?


OTOH the Federal Reserve is intended by design to NOT be under the
patronage system, influenced by political expediency of the moment.
Would you prefer it to be so?


Yet they are under the patronage system, appointed by the president.


Some very smart people designed the functioning of the U.S.
government.


Where does one find out what the proper function of the US gov't is?

Maybe the Constitution?


It seems to be working fairly well much of the time....


If you live with blinders on.

point to a country with either a politicized central bank, or no
central bank, with as stable an economy as ours.


Hong Kong = no central bank. Economy better than ours.

Panama = no central bank.

Note that debt
obligations of the U.S. government are considered the most secure
investment possible, by investors & investment analysts *all* over the
world.


Sure thing!

http://www.ft.com/cms/s/0/40f3a2be-b...nclick_check=1

But then health care and social security is mandated in the constitution.



This will really PO those of you who think that T-bills and the like
are just "pieces of paper." However dem's de facts.


They are just pieces of paper. The more you print the less they are worth,
unlike gold. The value of the dollar has declined dramatically compared to
other currencies. Why is the buying power of the dollar decreasing relative
to the currencies of other developed nations with central banks?





DSK



Upon closer
inspection:http://www.youtube.com/watch?v=1HgSz...eature=related