quote:

Originally posted by shaolin_Z PKC, you know just as well as I do that good old lefties like Chosmky could rip every poster here a new one, a million times over, yet do they agree with very elementary truths he's been pointing out for years now? So... I hope you can understand how claim of intellectual honesty or accusation of intellectual dishonesty are quite laughable .

Whilst I certainly kowtow to chomsky and all his well-written brilliance, a lot of political theory comes down to interpretation or a matter of priorities. I certainly don't think there's a single immutable body of thought that trumps every other body of thought in the wonderful world of isms.

In contrast, what I and lebez are talking about are demonstrable errors or lies. The fed doesn't profit from interest charged to government, gold really did worsen the great depression, christianity wasn't a hijacked theology based on sun worship, and a plane really did hit the pentagon.

That's completely different to arguing about the similarities and differences between say, socialism and anarchism imo.

___________________

quote:

Originally posted by Lira +1. It's inspiring, really

It certainly inspires a lot of insults and copy pastes .

___________________
"The Greatest enemy of knowledge is not ignorance, it is the illusion of knowledge." -Stephen Hawking
"First they came for the communists, and I did not speak out— because I was not a communist;
Then they came for the socialists, and I did not speak out— because I was not a socialist;
Then they came for the trade unionists, and I did not speak out— because I was not a trade unionist;
Then they came for the Jews, and I did not speak out— because I was not a Jew;
Then they came for me— and there was no one left to speak out for me." -Martin Niemöller

quote:

Originally posted by culorut Well point out the lies then troll. What is the point of posting if you are not going to watch the film and just run your mouth on something you have not clue about? Sorry...wait I already answered that in the my first sentence, (troll).

youre right, im a troll when it comes to these topics. im not that concerned.

i would be more than happy to refute parts of the video if you would only be so nice as to present an argument for me to refute. im not watching 2 hours of shit just for you though.

so, if you want to present what you consider to be the biggest point of impact in the video, then im all ears. but asking people to watch a movie for two hours when the first movie was such a crock is a little much to ask, wouldn’t you agree?

___________________

Who owns the Federal Reserve Banks?


The Federal Reserve Banks of each region are owned by (issue their stock exclusively to) the member banks of that same region. The member banks are privately owned corporations. Thus the Federal Reserve Banks are privately owned. This is a matter of law and anyone may read the Federal Reserve Act of 1913 for themselves.


Why do some people deny that the Federal Reserve Banks are owned by private corporations?


Three groups of people deny this fact, for differing reasons

1. The first group consists of the private owners of the Federal Reserve Banks, and their shills. It is obviously not in their interest that the American people realize that private bankers own what most people regard as a part of the public treasury and government. The people would doubtless not like it if they knew that the stockholders of the Federal Reserve Banks receive 6% interest (raised higher in the past) per year on their stock ownership, risk free. The people would be legitimately concerned to know that the member bank stockholders elect six of the nine members (i.e., 2/3rds) of the Boards of the reserve banks of their regions. Rather than regulating or controlling the activities of private banks in their regions, the opposite is the case.

2. The second group consists of those persons who, in their ignorance, have believed the propaganda of the Federal Reserve Banks, which sometimes issue ambiguous, doublespeak statements attempting to obfuscate their private bank ownership. Here is a typical example from the NY Fed website, quite easily seen through: “Although they are set up like private corporations and member banks hold their stock, the Federal Reserve Banks owe their existence to an act of Congress and have a mandate to serve the public. Therefore, they are not really "private" companies, but rather are "owned" by the citizens of the United States…Member banks do, however, receive a fixed 6 percent dividend annually on their stock and elect six of the nine members of the Reserve Bank's of their region… the Reserve Banks issue shares of stock to member banks.”

3. The third group consists of those people who consider that because the Chairman of the Federal Reserve Board of Governors is appointed by the President and approved by the Senate that the Fed is firmly under government control and that this is sufficiently equivalent to ownership to put them at ease (never mind the outright private bank control of the 12 regional Federal Reserve Banks). Let’s hear how the Fed itself regards such indirect “government control” (again from the NY Fed website): The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.


http://www.themoneymasters.com/

PKC I just enjoy hearing about new things in this world.These types of movies are different and some of the ideas on these films did actully made me think about alot of things.

Bottom line I watched the movie for what it is and just for something to think about.

___________________
Mystic Mind - DJ Mixes
http://soundcloud.com/mystic-mind

Facebook page
https://www.facebook.com/DJMysticMind

Last edited by hardcore trancer on Oct-07-2008 at 05:02

quote:

Originally posted by shaolin_Z It certainly inspires a lot of insults and copy pastes .

Ain't that also the truth?

___________________
Indiana Clones Upcoming Sets
[ I May Upload Something Someday ]

quote:

youre right, im a troll when it comes to these topics.

Good for you, now I may ask what the fuk are you still doing in this thread then?

If you are not interested in the topic or watching the film leave those who are to continue on without interruption from your bullshit.

So this how long has this Venus project been going on for?I like the idea behind the whole thing.I just dont know how realistic it could be.

___________________
Mystic Mind - DJ Mixes
http://soundcloud.com/mystic-mind

Facebook page
https://www.facebook.com/DJMysticMind

The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.

As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms. However, the Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute. Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government. Therefore, the Federal Reserve can be more accurately described as "independent within the government."

The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.

http://www.federalreserve.gov/gener...aq/faqfrs.htm#5

___________________

quote:

Originally posted by Lira Ain't that also the truth?

Disgruntled Corporate Slave & Conspiracy Nut: "Check this out, the truth!"

Proud Corporate Slave & Sheep: "Check this out, the truth! Academia is flawless and the new Church biatch! Go swing on Alex Jones nuts!"

Conspiracy Nut: "Shut up you agent! We are all starts, the stars are Gods! Go swing on Cheney's nuts you sheep!"

Proud Corporate Slave & Sheep: "Fuck! I wish I was agent, so I could cornhole an intellectually dishonest fuck like you!"

Disgruntled Corporate Slave & Conspiracy Nut: "Watch your Culo inmate... we're quite fond of fluffy sheep rear ends around here, as are you masters!!!"

Proud Corporate Slave & Sheep: "Intellectually dishonest idot! Uneducated fuck! Quit blaspheming the Church of Academia and the State God! I love my cornholing!"

Disgruntled Corporate Slave & Conspiracy Nut: "Fucking sheep, punk ass troll bitch, shove that 9-11 commission report up your ass!"

Proud Corporate Slave & Sheep: "Fuck head!"

Disgruntled Corporate Slave & Conspiracy Nut: "Bitch!"

I think your imagination can fill in the gaps .

___________________
"The Greatest enemy of knowledge is not ignorance, it is the illusion of knowledge." -Stephen Hawking
"First they came for the communists, and I did not speak out— because I was not a communist;
Then they came for the socialists, and I did not speak out— because I was not a socialist;
Then they came for the trade unionists, and I did not speak out— because I was not a trade unionist;
Then they came for the Jews, and I did not speak out— because I was not a Jew;
Then they came for me— and there was no one left to speak out for me." -Martin Niemöller

quote:

Originally posted by pkcRAISTLIN The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year. http://www.federalreserve.gov/gener...aq/faqfrs.htm#5

to add to that, the depository institutions (or what some of you call - shareholders) that own stock in the regional banks own stock mostly to meet capital reserve requirements. Banks are required to post 3% of the banks capital with the federal reserve. Owning stock is simply a means by which banks are required to keep capital with the regional banks.