CounterRevolutionary

Sici, Glad you are back with the rest of us radical republican reptiles. It looks like you took your quotes from "The Big Bad Bank" by George Washington Hunt on Google Books. I think what Hunt writes was pertinent prior FDR's stranglehold over the Federal Reserve System.

Another website approaches auditing the Fed and abolishing the Fed with this important fact:
http://www.federalbudget.com/fed.html
WHY THE FED SHOULD BE ABOLISHED
6. Abolishing the FED will lead to eventual balance budget. Today, even if the US Economy only grows by a meager 2% per year, the US Government should be able to put 2% of US-GDP dollars into circulation WITHOUT INFLATION.

Consider, if the goods/services grow by 2% and the money supply grows by 2%, the ratio of goods/services vs. money supply remains constant. Thus, no inflation is created.

The government can use this extra money supply to fund its project without raising taxes.
As long as the government does not print money more than the goods and services available in the US , there will be no inflationary pressures.
This had in fact been done with Executive Order 11110 of President Kennedy. Kennedy ordered the Treasury Dept. to print a US GOVERNMENT NOTES (vs. FEDERAL RESERVE NOTES). In effect, Kennedy bypassed the FED by making the Treasury Department printed REAL US MONEY, instead of selling bonds to the FED for almost free.

There is a systematic flaw in the Fed printing its own money out of thin air, way beyond the value of our Gross Domestic Production. The Fed sees itself as an International Bank for the world, and has sentenced us American citizens to hard labor by incessantly devaluing our currency. It is not our earthly responsibility to prop up failing foreign socialist, communist, and tyrannical theocracies.

Let's go to the Federal Reserve government website for their version of the story:

"The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features:
(1) a central governing board--the Federal Reserve Board of Governors;
(2) a decentralized operating structure of 12 Federal Reserve Banks; and
(3) a blend of public and private characteristics.

The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committee--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.

Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. 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. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.

https://www.federalreserve.gov/faqs/about_12799.htm
"What does it mean that the Federal Reserve is "independent within the government"?

The Federal Reserve, like many other central banks, is an independent government agency but also one that is ultimately accountable to the public and the Congress. The Congress established maximum employment and stable prices as the key macroeconomic objectives for the Federal Reserve in its conduct of monetary policy.

Trump may decide to not audit the Fed right away, needing extra cash to pay for the rebuilding of the infrastructure. He has cozied up to Janet Yellen hoping for a bailout. We might be lucky that Congress passes the reconciliation act with a full repeal and replace Obamacare attached which will pay down the bills. Congress reconvenes Monday, 4/24/2017.

Sicilianthing

>>>>>>


Bingo !

Thank You, yep I had to step out for a while... let me read this thoroughly and I'll reply again.

Dr. Evil Loc: In Your Face

Every time Yellen opens her mouth my blood pressure soars, was hoping she would be gone by now.

Sicilianthing

>>>>>

Noted and there is one Key action here that stands out... it's that transferring of profits to the Treasury who then transfers it to the IMF who then uses it for what ?

But in the middle of all this and 'That Fake Facade' is the part where the 8 families are still getting paid in secret and maintain total and absolute control over the 12 Centrals and policy making of the boards...

These 12 centrals are split up into AOR's (Areas of Responsibility) and those AOR's are overseen by one or more members of the Original 8 families who Own All the Private Stock in the Federal Reserve Raping System.

The Rabbit hole gets deeper from there.

Trump has woken up to a Nightmare Turned Reality and he's going to have to choose between them and us.

Sicilianthing

>>>>

When the fighting starts, she'll run too.

Take the chains off and guys like me will go to work.

badbobby Loc: texas

well hello Sci
missed you
glad you are back

Sicilianthing

>>>>

yes Sir !
same to you ..
Thank You...

Firing on all Cylinders and at the ready.

CounterRevolutionary

Sici, you wrote:

"Noted and there is one Key action here that stands out... it's that transferring of profits to the Treasury who then transfers it to the IMF who then uses it for what ?"

Oh, come on, IMF bailouts of Greece for the 3rd time and every other failing socialist nation that might appear profitable to the collapsing Latino and African socialist nations that they might perish all the sooner. Liberals love everybody! Right or wrong?

"But in the middle of all this and 'That Fake Facade' is the part where the 8 families are still getting paid in secret and maintain total and absolute control over the 12 Centrals and policy making of the boards..."

I thought facades were fake anyways. Recall that there are now 38% of all US banks, credit unions and trusts, (several thousand) additional banks that have joined the original 8 that can only collect 6% interest on non-transferable stocks - that is not the real problem. The Fed has been granted a virtual "regulatory takeover" of the private American financial industry and Wall Street. This is the real problem that Trump is trying to fix:

ttps://www.whitehouse.gov/the-press-office/2017/04/21/presidential-memorandum-secretary-treasury?utm_source=email&utm_medium=email&utm_content=20170424_ADM_1600-Daily

Presidential Memorandum for the Secretary of the Treasury
MEMORANDUM FOR THE SECRETARY OF THE TREASURY
SUBJECT: Financial Stability Oversight Council

The Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203 (the "Dodd-Frank Act"), authorizes the Financial Stability Oversight Council (FSOC) to determine that a nonbank financial company's material financial distress or the nature, scope, size, scale, concentration, interconnectedness, or mix of its activities could pose a threat to the financial stability of the United States.

If the FSOC makes such a determination, the affected nonbank financial company shall be subject to supervision by the Board of Governors of the Federal Reserve System (Federal Reserve Board) and certain prudential standards.

This is like hiring the fox to guard the chicken coop.

The Dodd-Frank Act similarly authorizes the FSOC to designate certain financial market utilities and financial activities as "systemically important," and thus subject to certain risk management standards, among other things.

These determinations and designations have serious implications for affected entities, the industries in which they operate, and the economy at large. Therefore, it is important to ensure that these processes for making determinations and designations promote market discipline and reduce systemic risk.

It is equally important to ensure that, once notified by FSOC that it is under review, any entity under consideration for a determination or designation decision is afforded due, fair, and appropriately transparent process.

Accordingly, by the authority vested in me as President by the Constitution and the laws of the United States of America, and to promote certainty in the financial markets, I hereby direct the Secretary of the Treasury (Secretary) to take the following actions:

Section 1. Report on FSOC Processes. The Secretary shall conduct a thorough review of the FSOC determination and designation processes under section 113 (12 U.S.C. 5323) and section 804 (12 U.S.C. 5463) of the Dodd-Frank Act and provide a written report to the President within 180 days of the date of this memorandum. As part of this review, and along with any other considerations that the Secretary deems appropriate, the Secretary shall consider the following:

(a) whether these processes are sufficiently transparent;

(b) whether these processes provide entities with adequate due process;

(c) whether these processes give market participants the expectation that the Federal Government will shield supervised or designated entities from bankruptcy;

(d) whether evaluation of a nonbank financial company's vulnerability to material financial distress, under 12 CFR 1310 App. A.II.d.1, should assess the likelihood of such distress;

(e) whether any determination as to whether a nonbank financial company's material financial distress could threaten the financial stability of the United States, under 12 CFR 1310 App. A.II.a, should include specific, quantifiable projections of the damage that could be caused to the United States economy, including a specific quantification of estimated losses that would be likely if the company is not subjected to supervision under section 113;

(f) whether these processes adequately consider the costs of any determination or designation on the regulated entity;

(g) whether entities subject to an FSOC determination under section 113 or designation under section 804 are provided a meaningful opportunity to have their determinations or designations reevaluated in a timely and appropriately transparent manner; and

(h) whether, prior to being subject to an FSOC determination under section 113 or designation under section 804, the entity should be provided with information on how to reduce perceived risk, so as to avoid being subject to such determination or designation.

As part of this review, the Secretary shall include in the required report: the Secretary's conclusions regarding the issues enumerated above; recommendations, as appropriate, on how the FSOC processes for determinations under section 113 and designations under section 804 could be improved; and recommendations for any legislative changes necessary to improve these processes.

Sec. 2. Evaluation and Review of the FSOC. The Secretary shall also evaluate and report to the President on whether the activities of the FSOC related to the determination and designation processes under section 113 and section 804, respectively, are consistent with Executive Order 13772 of February 3, 2017 (Core Principles for Regulating the United States Financial System). In the report, the Secretary should provide, if appropriate, recommendations for legislation or regulations that would ensure that the FSOC and its activities are consistent with the principles set forth in Executive Order 13772.

Sec. 3. Temporary Pause of Determinations and Designations. Pending the completion of this review and submission of the Secretary's recommendations, the Secretary shall, to the extent consistent with law, not vote for any non emergency proposed determinations under 12 CFR 1310.10(b) or any non-emergency proposed designations under 12 CFR 1320.13(c).

Sec. 4. General Provisions. (a) Nothing in this memorandum shall be construed to impair or otherwise affect:

(i) the authority granted by law to an executive department or agency, or the head thereof; or

(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.


(b) This memorandum shall be implemented consistent with applicable law and subject to the availability of appropriations.

(c) This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

DONALD J. TRUMP

I think Mnunchen is going to shut this Dodd-Frank Act down. Assigning the Board of the Federal Reserve oversight of the private financial market is absolutely nuts. Who is going to regulate the regulators? Where is the oversight of the criminal Federal Reserve Bank?

No wonder that the House Oversight & Reform Committee chairman, Jason Chaffetz, is running around his kitchen like a Wildman at this very minute.

Audit the Fed. Abolish the Fed.

CounterRevolutionary

Now, now, now, you know Janet Yellen loves everybody. After all, she thinks the goal of the Fed is to create full world employment at the expense of the American worker and industry. She merely orders the Federal Reserve Bank to print trillions of extra dollars, way beyond the value of our GDP, to bail out all the failing foreign dictators so we might have peace on earth. Meanwhile, our dollar is consistently being devalued through the Fed's currency manipulation. If this continues, we can replace the Stars & Stripes with 50 little bananas and hoist Old Glory over the western hemisphere's newest banana republic. Peace at any price will end up as World War III.

Sicilianthing

>>>>>

Ok I see, I understand and yes this Rabbit hole is seriously deep but what is TROMPE' waiting for ?
Why doesn't order the audit
Why doesn't he indict obama and hillary et al ?
Why doesn't he drain the swamp ?
Why doesn't he go after Koskinen form the IRS ?
Why doesn't he indict that scumbag and Lois Lerner?
Why doesn't he indict a lot of people in D.C. For crimes ?

I'm not convinced yet of anything and need to see heads roll I guess.

CounterRevolutionary

Your questions are valid, but remember, Trump is not a politician, he plays a shrewd hand of cards, more like a shark. He needs to gather the evidence of corruption first before he can move on these crooks, with full authority to shut down these agencies with the approval of the entire congress. Ben Carson just made an audit of HUD and found a $520 billion dollar "error" in the accounting records. Eventually, the entire house of cards is coming down. Barak Obama was either the biggest crook in Whitehouse or the biggest ethereal dingbat in US presidency, staffing his entire cabinet with crooks. Hitler's useful idiot comes to mind.

Sicilianthing

>>>>

I hope and we'll see but then there's this:

_______________________________________________________

Well, here it is. As I’ve said previously, Trump is toast, he’s been compromised and is no longer our president, he’s no longer working for the U.S. American people, he’s now working for the PTB:

‘Kushner Coup’ inside Trump White House

Posted on April 16, 2017 by David Robinson
https://i0.wp.com/stateofthenation2012.com/wp-content/uploads/2017/04/5YX2NK7.jpg

Posted on April 13, 2017 by State of the Nation
A very stealthy and slow-motion coup has been executed in Washington, D.C. The coup plotters staked out the West Wing long before Donald Trump ever set foot in the Oval Office.

This still ongoing coup has been a fairly quiet affair because it took place within Trump’s own family first. The prime mover of this overthrow is arch-Zionist Neocon Jared Kushner. His wife — Ivanka Trump – is also playing a crucial role, specifically as her father’s “most trusted advisor”. As always, there are numerous agents of Deep State who are assisting with the clockwork implementation of every aspect of the takeover.



Steve Bannon exposes Jared Kushner

Jared Corey Kushner is the son of Charles Kushner, a heretofore major contributor, bundler and bagman for the Democratic Party. So loyal was he to the Democrats that he went to prison for an illegal campaign finance scheme and the subsequent cover-up crimes.


Jared Kushner: Boy with a mission

If this bloodless coup d’état has one foreign agent who has deeply infiltrated the Trump Administration, it is Jared Kushner, a hardcore Zionist Neocon. Although unusually young at 36-years old, his adulthood experience is quite deep in causes that advance Zionist extremism.


Trump’s Son-in-Law Bankrolls Extremist Zionists

Kushner was primed for the advocacy of Jewish Zionism during his college years. His involvement with the college-based Chabad was a particularly important part of his resumé-building. Chabad House is well known to be an outreach arm of Zionist extremism. It’s common knowledge within intelligence circles that Chabad Houses worldwide provide safe haven to Israeli agents (especially the notorious Sayanim) during times of urgent need.[1]


Chabad Houses have history of criminal activity

The Chabad Lubavitch sect is an extremely radical organization that espouses dogmatic end-time prophecies that are overwhelmingly favorable to the Jewish race. However, their real work is better understood by those members who often appear to function as an extension of the MOSSAD. Although religious by their own description, the Chabad House leader in Washington, D.C. — Levi Shemtov — is one of the biggest political operators Inside the Beltway.

Is Trump’s Jared Kushner connection to the Chabad Lubavitch sect
the cause for his dramatic U-turn? The sect is deliberately fomenting
a prophesied Third World War.

(Source: Kushners Belong to Jewish Supremacist Doomsday Cult)
In the ‘advisor’ of Jared Kushner, everything points to an individual who was strategically positioned within the Trump family to achieve the eventual and total control of White House. It appears that he has almost accomplished that lofty goal as of April 13th, 2017. But who is he really working for? His carefully constructed political network tells the story.

JARED KUSHNER: His Powerful Political Partners
In order to better understand just how complete the Trump administration takeover is, the following two exposés are offered for their penetrating insights. Each one provides a different but vital perspective on what is now known as the “Kushner coup”.


Jared Kushner: A 36-year old kid takes over the West Wing
Kushner: A Zionist Neocon running the White House


Soros’ Inside Man
The Right should have known that Jared Kushner was the Democrat’s inside man planted within Team Trump. After all, Kushner and his brother Joshua received a $250 million investment from the Godfather of Liberalism himself—George Soros.

George Soros Backed Jared Kushner Venture Cadre With $250 Million
Hence, it was only a matter of time before the key planks of Donald Trump’s oft-repeated campaign platform were converted into political firewood. The April 6 missile attack was intentionally staged not only to reignite the Syrian War, it has moved the president’s domestic agenda to the back burner. Even the high crimes of WitetapGate have been conveniently pushed off the front pages, now likely to be forgotten.

The growing threats of a Purple Revolution were purposefully fabricated as an incentive for Trump to relinquish and/or trash his most important campaign promises. Fictitious MSM polls pushed his approval ratings to unprecedented lows in order to encourage Team Trump to make a dramatic foreign policy shift. Warmongering almost always engenders fake patriotism that creates reflexive support for a sitting POTUS.

Donald Trump carried out Syria missile strike ‘after being convinced by daughter Ivanka’
Even the MSM reported that it was daughter Ivanka who convinced Trump to launch the illegal missile strikes against Syria.[2] Given her conversion to husband Jared’s extreme form of Jewish Zionism, it ought to be obvious who influenced Ivanka.

Welcome to the Kushner presidency!

Conclusion
Everything has changed.


With such an egregious and indisputable war crime committed against Syria hanging over his head for the next 4 years, Trump is toast. He killed his presidency with one fatal blunder and exceedingly reckless mistake.

No matter what Trump does from this point forward, he has proven himself to be a pathological liar who cannot be trusted. He has likewise staffed his administration with serial prevaricators. Trump’s blind rush to judgment, without any factual evidence whatsoever, reveals him to be without conscience and devoid of common sense.

Given this unfortunate state of affairs, the American people are effectively leaderless once again. In the ensuing chaos, the nation is being stampeded into more foreign wars on behalf of Israel. Trump has been relegated to nothing more than a puny pitchman for the Greater Israel project. And his prominently positioned son-in-law is but a messenger boy relaying the orders from Tel Aviv. (See: The New White House Chain of Command)


State of the Nation
April 13, 2017
Editor’s Note

The following article lays bare Jared Kushner’s extremely telling journalistic agenda, particularly regarding the terrorist attacks on September 11, 2001. He is the owner and publisher of the New York Observer which he bought at age 25 for $10,000,000. There is perhaps no more dangerous truth to the Zionist Neocon agenda than 9/11 truth. Is this why the Observer has consistently published articles which ridicule ‘truthers’?[2] After all, theirs is a massive body of conclusive evidence that contains deep research and high-integrity investigations which link Israel directly to the 9/11 false flag operation.

Trump Son-in-law Publishes Article Bashing 9/11 Truthers
Source

[1] SAYANIM: Israeli Operatives in the USA
[2] Donald Trump’s Son-In-Law Publishes Newspaper Story About 9/11 Truthers

Recommended Reading
TRUMPAGEDDON: The Real Back Story Behind U.S. Missile Attack On Syria
References
Why Did Trump Really Go Ballistic And Commit A War Crime In Syria?

Trump Bombed Syria For Israel
How Much Of Jared Kushner’s Financing Came From George Soros?

The Master Plan by Al Duncan
www.themasterplanbook.com

CounterRevolutionary

I looked up these news sources, "The State of the Union" and find them dubious, to say the least, with no corporate bio at all, suspiciously a CIA front on an Internet phishing trip for radicals - mixing fiction with fact.

For example, this news site "State of the Nation" runs quite an ongoing dialog on the Zionist conspiracy behind 9/11, when we very well know that Building #7 was owned by the CIA which was investigating ENRON's pipeline in Afghanistan with al Qaeda on its payroll. This was corruption under the Clinton administration, where President Clinton was financing ENRON international escapades with Ex-I'm Bank and OPIC (Overseas Pacific Investment Corporation) loans worth billions of dollars.

Honestly, I don't think Trump is such a pushover, certainly not a "Zionist pawn" or under influence of his daughter Ivanka and Jared Kushner. Trump listens to many people, but makes his own decisions. Tonight, the talk shows are detailing the military maneuvers of China, Russia and the US around North Korea. Trump is just prioritizing his agenda, he will not break his campaign promises. Keep the faith.

Sicilianthing

>>>>

Noted and I'm not surprised ... man I hope you're right about this.

CounterRevolutionary

Me too.