Guest guest Posted February 23, 2009 Report Share Posted February 23, 2009 No, The Fed has NEVER been audited and probably never will either, because it's based on the golden rule:"Whoever has the gold, makes the rules." Since 1913 (Federal Reserve Act) our money has been devalued 96%. Meaning it takes $21 to equal the $1 it took to buy something in 1913. Gene Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 24, 2009 Report Share Posted February 24, 2009 Debt=Money and Money =Debt. In order to have money created in this country the Fed has to 1st convert it into debt! When the Fed creates our money (they're a private bank), they charge us interest on our own money! That's why it says Federal Reserve Notes on our money and NOT U.S. Notes. President Kennedy wanted to abolish the Fed and return our money to U.S Notes. Lincoln wanted to do this also. Of course you know what happened to both of them. Gene Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 24, 2009 Report Share Posted February 24, 2009 There's a "Revolving Door" between members of Wall Street, The Fed, and the Treasury Dept. Just like there's a revolving door between the FDA and the drug companies. Instead of banning Vioxx, and Celebrex, they ban Vit. B-6. Why? You can't patent Mother Nature. There's no money for the drug companies in natural substances. Gene Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 24, 2009 Report Share Posted February 24, 2009 It's a privately held company. It's not subject to audit. Chelsea , QTM7 wrote: > > No, > The Fed has NEVER been audited and probably never will either, > because it's based on the golden rule: " Whoever has the gold, makes the rules. " Since > 1913 (Federal Reserve Act) our money has been devalued 96%. Meaning it takes > $21 to equal the $1 it took to buy something in 1913. > > Gene > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 24, 2009 Report Share Posted February 24, 2009 What I meant to say is the Federal Reserve is a privately held company... The Treasury Dept just does whatever the FR commands. Chelsea , " cecegary " <cgary wrote: > > It's a privately held company. It's not subject to audit. > > Chelsea > > > , QTM7@ wrote: > > > > No, > > The Fed has NEVER been audited and probably never will > either, > > because it's based on the golden rule: " Whoever has the gold, makes > the rules. " Since > > 1913 (Federal Reserve Act) our money has been devalued 96%. Meaning > it takes > > $21 to equal the $1 it took to buy something in 1913. > > > > Gene > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 24, 2009 Report Share Posted February 24, 2009 Are not all privately held companies subject to audit, at least for income tax purposes? If the FED is a non-profit organization, shouldn't we as citizens be able to damand an audit by the IRS to determine whether their funds are not manipulated for the profit of some entity? Every legal entity I know of is required to keep a record of income and expenditures - why not the FED? For all we know they are siphoning off some of the money they generate to a foreign bank or country! --- On Tue, 2/24/09, cecegary <cgary wrote: cecegary <cgary Re: The Fed and Treasury Dept, OT Date: Tuesday, February 24, 2009, 12:59 PM What I meant to say is the Federal Reserve is a privately held company... The Treasury Dept just does whatever the FR commands.Chelsea , "cecegary" <cgary wrote:>> It's a privately held company. It's not subject to audit.> > Chelsea> > > , QTM7@ wrote:> >> > No,> > The Fed has NEVER been audited and probably never will > either, > > because it's based on the golden rule:"Whoever has the gold, makes > the rules." Since > > 1913 (Federal Reserve Act) our money has been devalued 96%. Meaning > it takes > > $21 to equal the $1 it took to buy something in 1913.> > > > Gene> >>---«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤«¤»¥«¤»§«¤»¥«¤»§«¤»§ - PULSE ON 21st CENTURY ALTERNATIVE MEDICINE! §Subscribe send email to: - «¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤«¤»¥«¤»§«¤»¥«¤»§«¤»GREAT VACATION RENTAL ON THE LAKE: www.vacationhomerentals.com/39833DISCLOSURE:Any information here in is for educational purpose only; it may be news related, purely speculation or SOMEONE’S OPINION. Always consult with a qualified Medical Doctor before deciding on any course of treatment, especially for serious or life-threatening illnesses.SUBMISSION POLICY & CONDITION OF MEMBERSHIP:By becoming a member of this group you AGREE to hold this group its members, list owners, moderators & affiliates harmless of any liability for any direct, consequential, incidental, damage incurred.If you post a piece to the list. We reserve the right to attach yourname and email address to the piece, as well as to keep them on record.You should NOT post copyrighted material unless proper attributionsto the source of the material. Submissions are gladly accepted. Please feel free to post material that you think are worthy.YOU AGREE; to accept responsibility and liability for your own actions and to contact a licensed Medical Doctor before deciding on any course of treatment, especially for serious or life-threatening illnesses. IF YOU DO NOT AGREE; you must : Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 25, 2009 Report Share Posted February 25, 2009 This answer pretty much says it all but with one correction. Lincoln was elected in 1860 and the Fed started in 1913. One other guy who wanted to disband the Fed seems to be AWOL, I believe he was a senator from Texas and his name was Gonzalez.--- On Tue, 2/24/09, QTM7 <QTM7 wrote: QTM7 <QTM7Re: Re: The Fed and Treasury Dept, OT Date: Tuesday, February 24, 2009, 4:42 PM Debt=Money and Money =Debt.In order to have money created in this country the Fed has to 1st convert it into debt!When the Fed creates our money (they're a private bank), they charge us interest on our own money! That's why it says Federal Reserve Notes on our money and NOT U.S. Notes.. President Kennedy wanted to abolish the Fed and return our money to U.S Notes. Lincoln wanted to do this also. Of course you know what happened to both of them.Gene Quote Link to comment Share on other sites More sharing options...
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