Federal Reserve

Ever Wonder How Money Was Created? (If you guessed the Fed or the Mint, you're wrong)

This is by far the most interesting thing I've seen this year. It finally explains the black magic behind our banking system which almost no one understands. If you want to understand the world we live in and who pulls the strings and why, you'd better take a look! Also will show you how scary this whole subprime mess really is. Until we all watch this video we won't be able to fix the problems of the world.




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The Fed Won't Help the Working Class

A good and quick summary of what the fed doesn't do to help the average person.

Excerpt:

Besides having created the mortgage-liquidity nightmare, Greenspan and the Fed can also chalk up another accomplishment: inflation. Inflation is so serious that it has more than wiped out any income gains coming to the majority of families in the past seven years.The New York Times reports that "Americans earned a smaller average income in 2005 than in 2000, the fifth consecutive year that they had to make ends meet with less money than at the peak of the last economic expansion, new government data shows. While incomes have been on the rise since 2002, the average income in 2005 was $55,238, still nearly 1 percent less than the $55,714 in 2000, after adjusting for inflation, analysis of new tax statistics show."


Read the Full Article Here

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Money Supply 101

Fed money supply 101 in 5 minutes flat.

M1 — Measure of the U.S. money stock that consists of currency held by the public, travelers checks, demand deposits and other checkable deposits including NOW (negotiable order of withdrawal) and ATS (automatic transfer service) account balances and share draft account balances at credit unions.

M2 — Measure of the U.S. money stock that consists of M1, certain overnight repurchase agreements and certain overnight Eurodollars, savings deposits (including money market deposit accounts), time deposits in amounts of less than $100,000 and balances in money market mutual funds (other than those restricted to institutional investors).

M3 — Measure of the U.S. money stock that consists of M2, time deposits of $100,000 or more at all depository institutions, term repurchase agreements in amounts of $100,000 or more, certain term Eurodollars and balances in money market mutual funds restricted to institutional investors.

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Americans Don't Buy the Official Story about 9/11

More than 1/3 of americans now believe 9/11 was an "inside job" by the government, and more than 2/3 believe it is "somewhat likely" or "very likely". More than half say they "personally are more angry" at the government than they used to be.

I honestly can't even say I'm in that 1/3, but I'm probably in the 2/3 who think it's likely. The government needs to respond to
all the evidence, as the conspiracy theorists are proposing something far more plausible than the official report, which sounds completely unbelievable.

The latest
MSNBC Poll shows more than 87% of respondants think bush should be impeached for the secret spying, the deceptions leading to war, and more.

If you feel that way, then you should participate in
DIY impeachment, a movement which is utilizing a very old precedent by which has been succesfull a long time ago in impeaching a judge. The idea being to get enough people to submit the article for it to not be taken seriously.

Personally I feel he should be impeached just for
groping the German chancellor.

Also if anyone is so lucky to have
America, from Freedom to Fascism in their theaters, I highly recommend you go see it. Aaron Russo is one of the only people who knows how things work in the world who actually cares enough to try to help people. Makes Michael Moore look like a hack (well he sorta is, but he's good at delivery).
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