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Hi guys, ending the control that banks and corporations have over our economy and our lives is something that's very important to me and something we all have in common. There has been one man trying to put an end to The Federal Reserve (the source of their control) for over thirty years. "End the Fed" by Ron Paul explains neatly and concisely how the Federal Reserve operates and just how much power it wields over our lives, it explains most of todays economic issues and paints a grim picture of what will happen if they continue their wreckless practices.
I wish I could buy more but I'd like to purchase three copies of End the Fed for any of you kindle owners out there. Please let me know if you're interested.
end the fed - the great enabler of injustice
Submitted by Cato on
Great comment RX, we can only benefit from raising awareness of how profoundly the Federal Reserve central banking system enriches the privileged elite at the expense of the general public. Getting rid of the Fed is cutting off the head of the beast so to speak - unless we do this, the theft and corruption will continue. While politicians argue over the budget, the Fed gives out billions of unaccounted for dollars, largely under the radar. I also have observed that Ron Paul is the only presidential candidate who has been either well-educated and/or brave and principled enough to speak out on this essential issue.
Cato, supporting the rights of each individual
This should be our focus
Submitted by Fancy on
I would like to see Occupy LA encompass this slogan into our peaceful demonstration. Wallstreet is just a branch of the FED. We need to Occupy the FED. Once the FED goes, change can and will happen.
Onward!
Fancy
Bitcoin.org ~End The Fed~
Submitted by th3wise0ld0wl on
Bitcoin.org ~End The Fed~
Donate to the Occupation in Bitcoins - Ask Me How
http://bitcoin.org
No consensus
Submitted by nobody on
I don't agree with that idea. While I think the FRB needs reform, I'm not satisfied with the alternatives.
Bringing it into the government would cause the FRB to be more politicized. The more progressive alternative of credit co-ops, I also find to be not that different from the FRB.
Lastly, and most significantly, people accuse the Fed of being inflationary. I think this is true, and I also think it's good. While extreme inflation is terrible, moderate inflation keeps money circulating. This potentially allows for full-employment for working people.
If the fed operated as if there was a gold standard, the currency would become deflationary. That leads to depressions, period of disinvestment and unemployment.
Ron Paul is full of it
Submitted by ObamaFTW.com on
Sorry guys but bank runs and speculative bubbles have been happening for centuries. They didn't start witht he Federal Reserve. In fact, the economy has spent less time in recession as the Fed has come of age. The problem was Greenspand who adamantly believed the market would adequatley regulate itself and therefore didn't bother using the power of the Fed to regulate the market and kept interest rates too low for too long. But relying on Ron Paul for knowledge of ecnomics and monetary policy is like relying on creation scientists for knowledge on Paleontology. Occupy Wall Street has less in common with the Ron Paul cult than the Tea Party does.
Occupy Wall Street
"In fact, the economy has
Submitted by Mahayana on
"In fact, the economy has spent less time in recession as the Fed has come of age."
do you have links to show time spent in recession prior/after implementation of the fed?
I'm not too sure why people react the way they do when they hear the mention of Ron Paul. I had my opinions of the fed before I even knew who Ron Paul was some 10 years ago or so. People hear the name and seem to completely shut off and go off about how Ron Paul supporters are all tin hat wearing lunatics. I have agreed with a lot of what I've heard from Ron Paul in the debates. I would love to hear one anti- Ron Paul person give actual reasons and examples as to why they disagree with him. (Besides the typical "The Fed is good" or "Ron Paul is evil because he follows Austrian economics")
Since you know a bit about the fed, tell me how you can trust a private organization whose majority of its members have ties to the big banks? (worked for them, were advisors, etc..) Don't get me wrong, I'm not necessarily aginst the concept of a Federal Reserve but I feel like the one we have is full of crooks. You can have a blueprint for a magnificent house designed by the greatest architect in the world but it will still crumble if you build it with rotting wood. I am still not as educated on the issue of the fed as I'd like to be, but I find the very close relations between the members of the fed, banks and our govt to be somewhat suspicious & worthy of further inspection. You would almost think that Fed was appointing our presidents.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves - in their separate, and individual capacities. -Abe
the "private" thing
Submitted by nobody on
If it's so bad to have a prviate FRB, then what about private banks. Are private banks a problem too?
When I read "end the fed" arguments, they fixate on the Fed but seem to ignore the private banks.
Uhhhhhhh huh . . .
Submitted by Fex on
Bah . . . @ObamaFTW - I'm against Ron Paul but I am for ending the Fed. Once again posting a link to a liberal Democrat, Dennis Kucinich, proposing ending the Fed on the floor of the House of Representatives, thus perhaps showing a Democrat's perspective on reasons to do it: http://www.youtube.com/watch?v=1pVV4n2lKHk
If it's agreed that the way our banks have run our economy and interfered with government is a problem, then bringing up the Fed I see is an extremely valid discussion point since our banking system is entirely defined by the Federal Reserve system in place- all these banks that screwed everyone over are member banks of the Fed. Writing this off as "Ron Paul idea so not worth it" is foolish. One: Ron Paul isn't the only one to have the idea Two: if an idea may be a good idea it does not matter where it came from
I want my politicians to be representative of me, I want money influencing them gone, ending the Fed might be helpful in that, it's worth much more thought than a simple write off.
"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal
"In fact, the economy has
Submitted by Mahayana on
"In fact, the economy has spent less time in recession as the Fed has come of age."
do you have links to show time spent in recession prior/after implementation of the fed?
I'm not too sure why people react the way they do when they hear the mention of Ron Paul. I had my opinions of the fed before I even knew who Ron Paul was some 10 years ago or so. People hear the name and seem to completely shut off and go off about how Ron Paul supporters are all tin hat wearing lunatics. I have agreed with a lot of what I've heard from Ron Paul in the debates. I would love to hear one anti- Ron Paul person give actual reasons and examples as to why they disagree with him. (Besides the typical "The Fed is good" or "Ron Paul is evil because he follows Austrian economics")
Since you know a bit about the fed, tell me how you can trust a private organization whose majority of its members have ties to the big banks? (worked for them, were advisors, etc..) Don't get me wrong, I'm not necessarily aginst the concept of a Federal Reserve but I feel like the one we have is full of crooks. You can have a blueprint for a magnificent house designed by the greatest architect in the world but it will still crumble if you build it with rotting wood. I am still not as educated on the issue of the fed as I'd like to be, but I find the very close relations between the members of the fed, banks and our govt to be somewhat suspicious & worthy of further inspection. You would almost think that Fed was appointing our presidents.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves - in their separate, and individual capacities. -Abe
PLEASE ...
Submitted by Corporal Thing A. on
Ron Paul has a few opinions that go against the extreme Republo/fascist agenda, but he is one of those libertarian objectivists that think individuals have the means to do everything by themselves ...and if they don't, they're just a drain on society anyway. NO Medicare, NO Social Security, NO safety net for anyone. In anything important for civilizational commons, he's as 'free-market economics' as any neo-con. he thinks institutionalised racism would be cured by supply and demand.
Sorry, Unworkable, untenable, and just wrong. His supporters I find are mostly limited thinking older people with selfish 'Me-First" agendas and younger stoners.
We're bigger than that.
Corporal Thing A. 'Civilizationalist'
Methinks ye missed the point
Submitted by Fex on
@Corporal Thing A. did you absolutely totally miss that there's people who support ending the Fed who ARE NOT Ron Paul supporters? Btw am fairly certain Ron Paul is against eating babies for breakfast, does that make him wrong? I myself do not support Ron Paul's platform. I do think ending the Fed is a great discussion to have. Rather than saying "oh Ron Paul also had that idea it's worthless" why not actually say something on topic.
Forget about Ron Paul, that's not what this forum topic is about. This forum topic is about the Fed. Does the Fed enable the 1%? Is it a part of the 1%? Is the Fed tied into money in government and corruption? All the banks we've been protesting are member banks of the Fed - those banks ARE a part of the Federal Reserve system, should we hide our heads in the sand and not talk about the Fed system?
This is not about Ron Paul, it's not a post about Medicare, Social Security, or a safety net. Are you "big enough" to actually discuss the topic? I ain't afraid of no bank. Pah-leeeeze saying it's a Ron Paul idea seems like a weak attempt to write something off and derail a thread and scare others from having a conversation. I'm "big enough" to keep on topic and not get derailed.
Previously posted in this forum which either was not read or ignored: "I'm against Ron Paul but I am for ending the Fed. Once again posting a link to a liberal Democrat, Dennis Kucinich, proposing ending the Fed on the floor of the House of Representatives, thus perhaps showing a Democrat's perspective on reasons to do it: http://www.youtube.com/watch?v=1pVV4n2lKHk "
There's a starting point to talk about if you wish. A Democrat proposing ending the Fed, any arguments about it and if so what are they?
"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal
I agree more with ObamaFTW.com,
Submitted by Corporal Thing A. on
...but Rxforapathy DID use Ron Paul's name in the opening post. I believe this qualifies as sufficiently introduced as evidence.
Now, to introduce the concept of curtailing, or actually making the Fed work as it was supposed to, or what Independent Senator Bernie Sanders has proposed would be of better subject matter ...without the Ron Paul baggage, IMO.
Corporal Thing A. 'Civilizationalist'
Ron Paul
Submitted by nobody on
Ron Paul wrote a book called "end the fed" so if you use that phrase, people will assume you mean the Paul concept of ending the fed.
If the goal is returning the power of issuing money to the Treasury, then you have to figure out a catchy way to promote that idea. If that's not the goal - then you have to explain yourself some more, because too many "end the fed" posters never get too deep into that, unless they're "gold bugs" who want to return to the gold standard.
Also, I watched both Money as Debt and the Money Masters. Then I saw a bit of the Oz video. It's hard to take those seriously, but they had a lot of interesting info. But when I got to the Oz video, there was just too much focus on integrating themselves into the conspiracy scene.
Just published on CNN today:
Submitted by OccupyLA on
http://www.cnn.com/2011/10/20/us/gao-report-fed/
"The report focuses on scenarios in which executives pose apparent conflicts of interest by serving on boards that regulate financial houses where they also have business relationships. An example, it notes, occurred when then-chairman of the New York Fed's board of directors Stephen Friedman owned shares in the investment firm Goldman Sachs, but in September 2008 provided it and other banks billions of dollars in federal funding in response to the unfolding financial crisis The GAO, meanwhile, said that "without more public disclosure of governance arrangements, such as board of director bylaws and director eligibility and ethics policies, there may be continued concerns about Reserve Bank governance and the integrity of the Federal Reserve System.."Nice article
Submitted by Fex on
Nice find, thanks! Too bad the article only gives one example.
"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal
Found the full US Government Accountability Office report
Submitted by Fex on
The full report can be found downloaded from this page: http://www.gao.gov/products/GAO-12-18
Another article on the topic, which definitely doesn't hide it's opinion: http://www.economicpopulist.org/content/gao-audit-federal-reserve-reveal...
Highlights from Senator Bernie Sanders' analysis: http://sanders.senate.gov/newsroom/news/?id=bfa0cbec-cce1-4520-8899-122c... There's also links on that page to the report Sanders' was given as well as the GAO's full report (which is also available on the first link)
"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal
Here's a fun one
Submitted by Fex on
Check out: http://www.opensecrets.org/revolving/index.php
In the search criteria to the right, toggle "search by person" to "search by employment." Type "federal reserve" in the search field then click the search button.
Now this shows people in government who worked in the federal reserve and if click on them get the "revolving door" history of their employment for the last couple decades. This is just showing those directly involved at the federal reserve, not member banks. Edit: also it's only showing those still involved either in government or lobbying institutions among others- ie only those still providing cash or receiving it as related to gov, so those who left to do other things are left out it seems. Searching for "goldman sachs" "jp morgan" "bank of america" etc in the same manner shows many folks going back and forth between government and banks and lobby positions, again only showing those still involved.
"Word following word- I wrought words. Deed following deed, I wrought deeds." - The Havamal
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