Federal Reserve Should Have Been Disolved In 1933 - Politics Forum.org | PoFo

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#13091518
constitutionalgov.us/archive/Commerce/THE FEDERAL RESERVE ACT.doc

Sec. 341 Second. To have succession for a period of twenty years from its organization unless it is sooner dissolved by an Act of Congress, or unless its franchise becomes forfeited by some violation of law.

We could have shut down this system of legalized robbery in 1933... why didnt we?

This gave us the wall street crash of 29, and the great depression... WHY was it not closed down under Roosevelt, and WHY arent we closing it down now?

It took the Federal Reserve less than 20 years to take us from relative prosperity, and consistant economic growth, to bankruptcy and 'the great depression', yet we kept it. Just as money passes hands today, im assuming the same is true in 1933
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By Rancid
#13091546
It's quite simple.

The ruling class in this country doesn't care about this country. They are traitors that should be tarred and feathered, and then shot dead and thrown in unmarked graves.

Seriously though, the problem is that there is a HUGE conflict of interesting for serving politicians. Many of them have stakes in all sorts of financial institutions that benefit from the fed. Why would they want to shut down their gravy train?
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By Kapanda
#13091580
I hope you realise that this thing about the Fed taking us to bankruptcy is completely opinionated. It is not a factual statement.
By WolfBitn
#13091678
Rancid, they are treasonous and we know the penalties for treason


Kapanda wrote:I hope you realise that this thing about the Fed taking us to bankruptcy is completely opinionated. It is not a factual statement.


Aside from the fact that the fiat systetm is nearly equally destructive to our system, i believe this case is too easily made. For instance we owe the fed in excess of 10 trillion dollars. We have paid trillions in principle and interest on top of that. Do we realize how much money that is? What if this 10 trillion plus all the principle and interest on top of this, were to be redistributed among every man woman and child in this nation... what shape would we be in then?

our economy would NOT be in the shape it is now, and most everyone would own their own land and homes... All that money would be back in our system improving infrastructure, creating jobs, etc
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By QatzelOk
#13091939
This gave us the wall street crash of 29, and the great depression... WHY was it not closed down under Roosevelt, and WHY arent we closing it down now?

Just try to close it down, and see what happens.

Hitler tried to nationalize banking, and look what happened to Germany/his reputation/the world economy/70 million innocent non-elite people.

Please stay on topic - SD
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By Kapanda
#13091965
What if this 10 trillion plus all the principle and interest on top of this, were to be redistributed among every man woman and child in this nation... what shape would we be in then?

The 10 Trillion isn't owed to the Fed. According to Wiki only half of that is. Government debt is money used to finance government projects. So think of the fiscal policies instead of thinking you were robbed. If you were it's because the government spent the money somewhere, not because the Fed took it from you.

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