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 zappaisgod
horrid asshole
Registered: 02/11/04
Posts: 42,742
Last seen: 1 hour, 8 minutes
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 Re: Is this really how banks operate?  [Re: AkhenAton] 1
#14952678 - 08/20/11 04:10 PM (1 year, 9 months ago) |
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Quote:
zappaisgod said:
Quote:
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." 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.
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.
You get an eff in comprehension.
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SurReality
Slut
Registered: 12/21/06
Posts: 8,310
Last seen: 3 hours, 53 minutes
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Re: Is this really how banks operate? [Re: zappaisgod]
#14955055 - 08/21/11 03:11 AM (1 year, 9 months ago) |
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--------------------
I love every bump and every dip I stumble on while exploring the path of life less traveled.
Mushrooms like fresh air.
RR
Free Reagent Testing Contest--10mL give away!
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AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 8 months
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Re: Is this really how banks operate? [Re: zappaisgod]
#14955187 - 08/21/11 03:58 AM (1 year, 9 months ago) |
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Quote:
zappaisgod said:
Quote:
zappaisgod said:
Quote:
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." 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.
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.
You get an eff in comprehension.
This quote solidifies you do not know what you are talking about. And your level of understanding is elementary at best. You do not deserve to be speaking to me on this subject, and unless you are wagering cold hard cash, shut the h3ll. Please disprove anything I posted. You cannot because its fact, and you post a wiki page as evidence which supports my argument.
"its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government."
Exactly, see how it says the fed decisions need no ratification by anyone in congress nor the president. Here is Alan Greenspan saying that the Federal Reserve is above anyone in government.
"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."
Dummy, that is exactly what a trustee does, it receives in trust, someone else's property. Its received under charitable trust where the public at large is the beneficiary, but I am sure that went over your head since you have no idea how trusts operate. But since your future labor is in trust and you don't know that either, why in the h3ll would I be talking to u about it? Where does it say that the Treasury, another company, owns those funds? I will wait because it doesn't, because your elementary understanding of economics makes you think that if funds were transferred to you then you own them. You don't get to grade anybody as you have been found wanting. Now bet me some money!!! Otherwise, shut up!
Edited by AkhenAton (08/21/11 04:01 AM)
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AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 8 months
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Re: Is this really how banks operate? [Re: AkhenAton]
#14955203 - 08/21/11 04:08 AM (1 year, 9 months ago) |
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Full interview of Alan Greenspan says the Federal Reserve is above control by the US government, Congress, the President whoever. Please tell me another lie. This is the former chairman of the Federal Reserve.
Please prove why this institution is registered as a private company? Bottom line. Federal Reserve is a private institution an irrefutable fact!
Here is one of your representatives stating that the Fed Reserve is a private company while in session!
http://socioecohistory.wordpress.com/2009/01/12/federal-reserve-is-a-private-company/
Edited by AkhenAton (08/21/11 04:10 AM)
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 meams
Blessed
Registered: 01/11/05
Posts: 17,788
Loc: In a Tree
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Re: Is this really how banks operate? [Re: zappaisgod]
#14955477 - 08/21/11 07:11 AM (1 year, 9 months ago) |
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Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
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AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 8 months
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Re: Is this really how banks operate? [Re: meams]
#14955699 - 08/21/11 09:56 AM (1 year, 9 months ago) |
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Quote:
meams said:
Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
If I were you I would ignore me too. I would definitely ignore someone who pulls the rug right out from under me with irrefutable proof of my baboonery. Mr. I have got over 10,000 posts of elementary explanations and when someone under 50 posts comes in and shows me up. you can eat a stick! so while you are blocking this "nigga", very inappropriate by the way (sheesh), why don't you put up or shut the h3ll up! i'm talking money. if you are the ish, and you can back it up put some legal tender on the table and we can see who is right. but no you will run away talking ish while you are turning the corner...super weak sauce...
Whenever you get done, we can have an all out debate, with anyone of u weak Quote:
meams said:
Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
If I were you I would ignore anybody who pulls the rug out from under me time and time again. Meams, you know you have been found wanting..I have bested u time and time again. Mr. I have over 10,000 posts of info containing half truths and general information. elementary. but i am sure you will ignor this "nigga", how inappropriate (sheesh who does that).
Bottom line, disprove anything I have said as I have disproved the garbage you have been posting using your own info against you. put some money on the table, legal tender and back up what u say with wagering, otherwise, kick rocks. fact of the matter is, you have been weighed, measured and been found wanting...
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Yrat
Hello
Registered: 11/08/07
Posts: 2,030
Last seen: 2 hours, 25 minutes
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Re: Is this really how banks operate? [Re: AkhenAton]
#14955721 - 08/21/11 10:07 AM (1 year, 9 months ago) |
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Quote:
AkhenAton said:
Quote:
meams said:
Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
If I were you I would ignore me too. I would definitely ignore someone who pulls the rug right out from under me with irrefutable proof of my baboonery. Mr. I have got over 10,000 posts of elementary explanations and when someone under 50 posts comes in and shows me up. you can eat a stick! so while you are blocking this "nigga", very inappropriate by the way (sheesh), why don't you put up or shut the h3ll up! i'm talking money. if you are the ish, and you can back it up put some legal tender on the table and we can see who is right. but no you will run away talking ish while you are turning the corner...super weak sauce...
Whenever you get done, we can have an all out debate, with anyone of u weak Quote:
meams said:
Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
If I were you I would ignore anybody who pulls the rug out from under me time and time again. Meams, you know you have been found wanting..I have bested u time and time again. Mr. I have over 10,000 posts of info containing half truths and general information. elementary. but i am sure you will ignor this "nigga", how inappropriate (sheesh who does that).
Bottom line, disprove anything I have said as I have disproved the garbage you have been posting using your own info against you. put some money on the table, legal tender and back up what u say with wagering, otherwise, kick rocks. fact of the matter is, you have been weighed, measured and been found wanting...
so meams can read. nignore is the pinnacle of ignorance, for it highlights your unwillingness to even momentarily challenge your beliefs, no matter how unlikely you are to adopt the differing view.
blinders :on:
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"There are a thousand hacking at the branches of evil
to one who is striking at the root."
-Henry David Thoreau
Strike The Root
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AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 8 months
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Re: Is this really how banks operate? [Re: Yrat]
#14955768 - 08/21/11 10:37 AM (1 year, 9 months ago) |
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Quote:
Yrat said:
Quote:
AkhenAton said:
Quote:
meams said:
Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
If I were you I would ignore me too. I would definitely ignore someone who pulls the rug right out from under me with irrefutable proof of my baboonery. Mr. I have got over 10,000 posts of elementary explanations and when someone under 50 posts comes in and shows me up. you can eat a stick! so while you are blocking this "nigga", very inappropriate by the way (sheesh), why don't you put up or shut the h3ll up! i'm talking money. if you are the ish, and you can back it up put some legal tender on the table and we can see who is right. but no you will run away talking ish while you are turning the corner...super weak sauce...
Whenever you get done, we can have an all out debate, with anyone of u weak Quote:
meams said:
Quote:
zappaisgod said:
You get an eff in comprehension.
Y u think I got that nigga blocked? Tired of repeating myself.
If I were you I would ignore anybody who pulls the rug out from under me time and time again. Meams, you know you have been found wanting..I have bested u time and time again. Mr. I have over 10,000 posts of info containing half truths and general information. elementary. but i am sure you will ignor this "nigga", how inappropriate (sheesh who does that).
Bottom line, disprove anything I have said as I have disproved the garbage you have been posting using your own info against you. put some money on the table, legal tender and back up what u say with wagering, otherwise, kick rocks. fact of the matter is, you have been weighed, measured and been found wanting...
so meams can read. nignore is the pinnacle of ignorance, for it highlights your unwillingness to even momentarily challenge your beliefs, no matter how unlikely you are to adopt the differing view.
blinders :on:
Yea. but he doesn't just have blinders on, i provided irrefutable proof of what I was saying. its not debatable, unless you are stupid or have an alternative agenda. He is like that old man in the chair talking about the world is flat, and I come along like hey, look up you sad lil old man. that shit is outdated. he doesn't have the knowledge necessary to even make determinations about economics. he has a high school level at best knowledge, maybe freshman level in college lol. advanced economics rules the planet, period.
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AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 8 months
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Re: Is this really how banks operate? [Re: AkhenAton]
#14955807 - 08/21/11 10:52 AM (1 year, 9 months ago) |
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Don't worry meams and whoever else, this was my last post in the money matters or political forums as that shit is elementary and no one here is even capable of polishing my boots on the subject. I don't wana burst your bubble of misinformation and ego trippin of people following you like you are somebody (:-D), whether paid or not, or just plain baboonery. furthermore, I don't have a problem with the current economic situation as I am neutral. If anyone wants me regarding that subject I can be reached by pm only.
Edited by AkhenAton (08/21/11 11:11 AM)
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meams
Blessed
Registered: 01/11/05
Posts: 17,788
Loc: In a Tree
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Re: Is this really how banks operate? [Re: Yrat]
#14957282 - 08/21/11 05:24 PM (1 year, 9 months ago) |
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Awwww so nice of you Yrat. i'm not here to learn, i'm here to :troll:
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johnm214
Registered: 05/31/07
Posts: 16,671
Loc: Americas
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Re: Is this really how banks operate? (moved) [Re: lysergicasians]
#14959140 - 08/22/11 01:56 AM (1 year, 9 months ago) |
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 This thread was moved from Money Matters.
Reason:
As the proponent here has provided no direct evidence of his claims and is unwilling to address rational discussion, this fits better in the conspiracies and coverups forum.
The database cited which is purported to list "businesses" also lists the State of Ohio amongst others, and the poster has failed to provide evidence of any of his other claims, such as the supremacy of treaties over the legislature (despite the Constitution providing for the opposite and the Supreme Court upholding the requirement for legislative ratification) and the Fed's independence from congress (despite the later's creation and regulation of the former). This clearly belongs next to reptilians, FEMA deathcamps, and WTC truth.
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Mr.Al
Alphabet soup
Registered: 05/27/07
Posts: 5,233
Loc: N.S.A. D.C.
Last seen: 3 days, 11 hours
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Re: Is this really how banks operate? (moved) [Re: johnm214]
#15002820 - 08/30/11 06:53 PM (1 year, 9 months ago) |
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Quote:
johnm214 said:
<img src='http://www.shroomery.org/forums/images/moved.gif'> This thread was moved from Money Matters.
Reason:
As the proponent here has provided no direct evidence of his claims and is unwilling to address rational discussion, this fits better in the conspiracies and coverups forum.
The database cited which is purported to list "businesses" also lists the State of Ohio amongst others, and the poster has failed to provide evidence of any of his other claims, such as the supremacy of treaties over the legislature (despite the Constitution providing for the opposite and the Supreme Court upholding the requirement for legislative ratification) and the Fed's independence from congress (despite the later's creation and regulation of the former). This clearly belongs next to reptilians, FEMA deathcamps, and WTC truth.
Hey John,
Do you think it is right for a mod to shuffle a thread over to a conspiracy section of the site after he jumped into the debate?
You seem a little biased and perhaps should contemplate the responsibilities of a mod...
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johnm214
Registered: 05/31/07
Posts: 16,671
Loc: Americas
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Re: Is this really how banks operate? (moved) [Re: Mr.Al]
#15003000 - 08/30/11 07:34 PM (1 year, 9 months ago) |
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Yeah, i think its fine.
The ideal case would be to have an uninterested party handle all matters relating to discussions or potential rule violations involving a moderator to some degree, but i don't think we have sufficient staff for that. Further, as the position is unpaid and threads are often long, often the involved moderator is most familiar with the topic. While this encourages informed actions it also invites bias or the appearance of bias, but fundamentally I don't think it is that hard to be reasonably removed from your personal emotions and feelings and so I think it would be more fruitful to focus on removing those moderators who cannot do so then trying to implement a policy of having uninvolved moderators handle everything.
If you feel there's some mistake in my decision your welcome to make your case or post in the feedback/complaints thread in my journal, but you don't seem to have alleged any error here on the merits. As my decision was taken for content neutral reasons that had nothing to do with my personal view of the matter (other than the substantiation of the claims) I think the decision was reasonably fair. In addition, the stated reasons explain rather clearly this decision so I believe the grounds can be fairly challenged on their merits or as unappropriate if someone desires to.
For those reasons i don't see a big problem with my actions, though your welcome to complain about them in my journal or elsewhere if you like.
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Mr.Al
Alphabet soup
Registered: 05/27/07
Posts: 5,233
Loc: N.S.A. D.C.
Last seen: 3 days, 11 hours
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Re: Is this really how banks operate? (moved) [Re: johnm214]
#15003099 - 08/30/11 07:58 PM (1 year, 9 months ago) |
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The monetary system is a subject that I think belongs in money matters.
Marginalizing a subject matter by attempting to bury it in a "Conspiracy theory" section doesn't smell right, dig?
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Cervantes
Devil's Advocate
Registered: 09/24/03
Posts: 16,036
Loc: Dark Side of the Windmill 
Last seen: 7 hours, 37 minutes
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Re: Is this really how banks operate? (moved) [Re: Mr.Al]
#15003120 - 08/30/11 08:02 PM (1 year, 9 months ago) |
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I think you repeated yourself.
He just answered that question.
Many people disagree with threads being moved. Of course this thread was posted in the other forum because the OP thought it was the proper forum. But the Mod moved it for rational reasons and the thread is still open.
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I know you think you understand the words I have just said to you but, what you fail to realize is, what you thought I said is not what I actually meant by saying what I said, when I said it.
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Mr.Al
Alphabet soup
Registered: 05/27/07
Posts: 5,233
Loc: N.S.A. D.C.
Last seen: 3 days, 11 hours
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Re: Is this really how banks operate? (moved) [Re: Cervantes]
#15003212 - 08/30/11 08:22 PM (1 year, 9 months ago) |
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Quote:
Cervantes said:
I think you repeated yourself.
He just answered that question.
Many people disagree with threads being moved. Of course this thread was posted in the other forum because the OP thought it was the proper forum. But the Mod moved it for rational reasons and the thread is still open.
John has strong feelings for the federal reserve. He thinks they're just swell. Moving a thread that deals with monetary affairs into "Conspiracy theory land" betrays a personal agenda.
Make sure you aren't wearing clown shoes.
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Cervantes
Devil's Advocate
Registered: 09/24/03
Posts: 16,036
Loc: Dark Side of the Windmill
Last seen: 7 hours, 37 minutes
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Re: Is this really how banks operate? (moved) [Re: Mr.Al]
#15003321 - 08/30/11 08:46 PM (1 year, 9 months ago) |
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Then this is a case of a clown calling the kettle black. You asked for an answer, you got one. He moves the threads, not you. He gave you a place to complain where we don't have to read it.
Threads get moved all the time, why derail this one?
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I know you think you understand the words I have just said to you but, what you fail to realize is, what you thought I said is not what I actually meant by saying what I said, when I said it.
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johnm214
Registered: 05/31/07
Posts: 16,671
Loc: Americas
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Re: Is this really how banks operate? (moved) [Re: Mr.Al]
#15003378 - 08/30/11 08:58 PM (1 year, 9 months ago) |
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Quote:
Mr.Al said:
John has strong feelings for the federal reserve. He thinks they're just swell.
Neither of these are true. I'm rather ambivalent about he Federal Reserve and I don't think they're "just swell".
Quote:
Moving a thread that deals with monetary affairs into "Conspiracy theory land" betrays a personal agenda.
But does it betray a personal agenda that influences my official actions inappropriately? I don't see how it does per se, nor have you argued that the particulars of this case suggest such a thing.
Actually I probably shouldn't have moved it here as the thread violated the original content rule, but the mods of this forum can dump it if they like, and there's some reasonable discussion that was ongoing to talk about.
I note you haven't actually taken issue with the merits of my decision nor the grounds I used to make the decision. All you've done is claim, without any argument or evidence, that moving the thread is improper because of my alleged strong feelings on the Fed and the subject matter of the thread- neither of which were substantiated.
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DeadHearts
Registered: 07/17/09
Posts: 21,164
Loc: MICHIGAN
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Re: Is this really how banks operate? (moved) [Re: johnm214]
#15003828 - 08/30/11 10:32 PM (1 year, 9 months ago) |
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Quote:
johnm214 said:
Actually I probably shouldn't have moved it here
Well then move it back.
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Cervantes
Devil's Advocate
Registered: 09/24/03
Posts: 16,036
Loc: Dark Side of the Windmill
Last seen: 7 hours, 37 minutes
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Re: Is this really how banks operate? (moved) [Re: DeadHearts]
#15003928 - 08/30/11 10:53 PM (1 year, 9 months ago) |
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Dump?
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I know you think you understand the words I have just said to you but, what you fail to realize is, what you thought I said is not what I actually meant by saying what I said, when I said it.
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