Re: Stock Market and Monetary System on the verge of collapse
- From: Lantern <lantern01@xxxxxxxxxxxx>
- Date: Mon, 4 Feb 2008 09:50:38 -0800 (PST)
On Feb 3, 1:13 pm, h...@xxxxxxxxxx wrote:
On Sun, 3 Feb 2008 02:28:31 -0800 (PST), zzbunker
this is not going to end the Fed empire. More likely strengthening it
because it's not the owners of The Fed that are losing all their
money. Rather they are making billions while middlle class investors
are losing everying.
Hal
Good point. Take a close look at who the "owners of the FED" are. Some
think the members of the FED own the FED. There are roughly 3000 banks
that are members of the FED. When they join they pay in capital and
get nonnegotiable stock. (Look out for that detail, "nonnegotiable".
That means they don't really own it..they can't sell their stock for
example. They can only turn it back in to the FED. Not nice
ownership.) So who is this FED that controls our money system? The FED
is a creature of the Congress and the Congress must be designated the
owners.
.
- References:
- Stock Market and Monetary System on the verge of collapse
- From: orangatang1
- Re: Stock Market and Monetary System on the verge of collapse
- From: zzbunker
- Re: Stock Market and Monetary System on the verge of collapse
- From: hal
- Stock Market and Monetary System on the verge of collapse
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