2018-07-19 at 4:16 PM UTC
The main problem, so Paul Warburg informed his colleagues, was to avoid the name of "Central Bank", and for that reason he had come upon the designation of "Federal Reserve System."
This would allay suspicion in the popular mind that the bill was a central bank plan.
However, it would still function as a central bank, fulfilling the three main functions in that tradition, that is,
1. It would be owned by private individuals who would draw profit from ownership of shares,
and who could control the nation's issue of money,
2. It would have at its command the nation's entire financial resources
3. It would be able to mobilize and mortgage the United States by involving us in major foreign wars.
2018-07-19 at 6:42 PM UTC
Originally posted by Rock_N_Rollover
The compensatory economy provides that when bankers and speculators clean out the people and bring them to their knees, government agencies shall step in and help them up so that they can be fleeced again.
This is the function of such agencies as the Securities Exchange Commission, Reconstruction Finance Corporation, and dozens of others.
The theory of the compensatory economy supplants all morality in public life, and is responsible for much corruption of officials in Washington.
Thus, also, the predilection of the international bankers for putting ignorant provincials into key positions is not an idle fancy, and is perhaps reason for much incessant publicity for democracy.
It suits the internationals that public officials should be of the stupidest type, and the guise of democracy effectively controls them.
https://ia802606.us.archive.org/23/items/pdfy-Yc5BED-gpTNRjLh6/The-Federal-Reserve-Conspiracy-Eustace-Mullins.pdf
there was nothing our forefathers wrote into the constitution as being a democracy. it is a Republic. Laws set in stone.
The following users say it would be alright if the author of this
post didn't die in a fire!
2018-07-19 at 7:17 PM UTC
-SpectraL
coward
[the spuriously bluish-lilac bushman]
That's true. It was never a democracy, like the Dems want you to think. Democracies are quite similar to socialist societies, and anyone who is familar with history knows that socialist societies self-implode relatively quickly. America would already be gone if it were a democracy. It's actually a constitutional republic, which is a sworn enemy of democracy/socialism.
2018-07-21 at 12:44 AM UTC
Cootehill
African Astronaut
[my unsymmetrically blurry oregano]
The reason jedis hate Trump and MAGA is that everyone knows America was greater before the Iraq war, which they started.
Even if Trump doesn't say it.
Its like a girl fucks up your friends finances, and you come in and tell him you'll help him get his life back on track. Of course the girl is going to hate you, even if you do nothing but help.
2018-07-22 at 12:33 AM UTC
cupocheer
Space Nigga
[unwillingly condescend the dp]
Because men are fkng idiots.
