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meams said:
Its not my job to educate you.  Go look it up.  You think the IMF & Federal Reserve just decided to sprout out of nowhere one day?  LOL

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meams said:
Because some operate within the constraints of US/world  mandates & legislation (banks & IMF) and the otehrs operated as they saw fit, well above the reach of the law, who lived in their back pocket (Rockefeller & Carnegie)

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AkhenAton said:

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meams said:
Its not my job to educate you.  Go look it up.  You think the IMF & Federal Reserve just decided to sprout out of nowhere one day?  LOL

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.

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meams said:
Because some operate within the constraints of US/world  mandates & legislation (banks & IMF) and the otehrs operated as they saw fit, well above the reach of the law, who lived in their back pocket (Rockefeller & Carnegie)

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meams said:

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meams said:
Because some operate within the constraints of US/world  mandates & legislation (banks & IMF) and the otehrs operated as they saw fit, well above the reach of the law, who lived in their back pocket (Rockefeller & Carnegie)

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-Banks operate within US finance law/regulation
-The Fed operates within its congressional mandate
-I don't know where the IMF comes from - but since its money comes from contributions from member nations, I would think it operates within the acceptability of those contributors.  And acceptability stems from legislation, more-or-less.


If you want anything more specific, you'll have to go dig it yourself.  Saying "you don't know either, right?!" doesn't do anything for your argument.

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meams said:

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meams said:
Because some operate within the constraints of US/world  mandates & legislation (banks & IMF) and the otehrs operated as they saw fit, well above the reach of the law, who lived in their back pocket (Rockefeller & Carnegie)

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-Banks operate within US finance law/regulation
-The Fed operates within its congressional mandate
-I don't know where the IMF comes from - but since its money comes from contributions from member nations, I would think it operates within the acceptability of those contributors.  And acceptability stems from legislation, more-or-less.


If you want anything more specific, you'll have to go dig it yourself.  Saying "you don't know either, right?!" doesn't do anything for your argument.

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meams said:
go away - you annoy me.

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meams said:
nignore - congrats!

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AkhenAton said:

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meams said:
Because some operate within the constraints of US/world  mandates & legislation (banks & IMF) and the otehrs operated as they saw fit, well above the reach of the law, who lived in their back pocket (Rockefeller & Carnegie)

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Who watches and mandates international treaties? Treaties supersede national laws. So who will regulate the IMF if they are loaning the credit? I will wait...

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Plese back up your claim that "Treaties supersede national laws".    You think the founding fathers created a government with all these carefully crafted rules and then let the executive do whatever the hell they wanted so long as they included their desired policy in a treaty?  Treaties have no force of law whatsoever in the US per se, and the Supreme Court has ruled thusly several times.  They must be ratified by the legislature (Senate) in order to have the force of law, in the manner prescribed by the Constitution.  To imagine the executive could just do whatever the hell he wants if he puts his whims into treaty form is absurd.

What is your argument for the Treasury and/or the Federal Reserve being a private for-profit company?  That some internet database lists various addresses when these agency names are entered?   What does that have to do with anything?

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AkhenAton said:

Really what laws are those exactly if you don't mind telling me? Thanks in advance

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The Federal Reserve Act, amongst others. 

The IMF is not a US government entity, hence the US congress does not neccesarily have any "laws" to create regarding it, other than regarding the US's participation in such and ratifaction of relevant treaties.

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AkhenAton said:
Are you saying that Congress controls the Fed Reserve, a private institution loaning it's credit? Please explain how a creditor can allow the debtor to mandate and regulate it's policies?

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You've not established that the Federal Reserve or Treasury is a private institution,  so your question premised on this ground is invalid.

Moreover, your question regarding the debtor creditor relationship is similarly unsupported, and I have no idea what in particular you are referring to.  I suppose you'd have to be calling the government the debtor as it owes when the bonds mature, and the creditor being the purchaser who fronts the money on the promise of honoring the bond when it matures, but given the US government is the issuer/ultimate guarantor of the bonds, why would it be strange for them to mandate the policies for those purchasing its bonds?  I assume your suggesting something else here, but you're not being vary clear.

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According to the Board of Governors, the Federal Reserve is independent within government in that "its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government." However, its authority is derived from the U.S. Congress and is subject to congressional oversight. Additionally, the members of the Board of Governors, including its chairman and vice-chairman, are chosen by the President and confirmed by Congress. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. Thus the Federal Reserve has both private and public aspects.[12][13][14][15] The U.S. Government receives all of the system's annual profits, after a statutory dividend of 6% on member banks' capital investment is paid, and an account surplus is maintained. In 2010, the Federal Reserve made a profit of $82 billion and transferred $79 billion to the U.S. Treasury.

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zappaisgod said:

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According to the Board of Governors, the Federal Reserve is independent within government in that "its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government." However, its authority is derived from the U.S. Congress and is subject to congressional oversight. Additionally, the members of the Board of Governors, including its chairman and vice-chairman, are chosen by the President and confirmed by Congress. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. Thus the Federal Reserve has both private and public aspects.[12][13][14][15] The U.S. Government receives all of the system's annual profits, after a statutory dividend of 6% on member banks' capital investment is paid, and an account surplus is maintained. In 2010, the Federal Reserve made a profit of $82 billion and transferred $79 billion to the U.S. Treasury.

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http://en.wikipedia.org/wiki/Federal_Reserve_System

Sometimes the nitwits overreach.  The Fed is most certainly not a private entity.  It has a certain level of independence from the legislature but so does the Justice Department.

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zappaisgod said:

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According to the Board of Governors, the Federal Reserve is independent within government in that "its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government." However, its authority is derived from the U.S. Congress and is subject to congressional oversight. Additionally, the members of the Board of Governors, including its chairman and vice-chairman, are chosen by the President and confirmed by Congress. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. Thus the Federal Reserve has both private and public aspects.[12][13][14][15] The U.S. Government receives all of the system's annual profits, after a statutory dividend of 6% on member banks' capital investment is paid, and an account surplus is maintained. In 2010, the Federal Reserve made a profit of $82 billion and transferred $79 billion to the U.S. Treasury.

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http://en.wikipedia.org/wiki/Federal_Reserve_System

Sometimes the nitwits overreach.  The Fed is most certainly not a private entity.  It has a certain level of independence from the legislature but so does the Justice Department.

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