The history of the banking system... Very interesting stuff.

[kono]

This is a very well done animated movies on the history of the banking system and how it's come to be.
And who's really running the show.... "The Federal Reserve". This agency BTW has no affiliation with the government even though it's name suggests other wise.

If you can sit through the entire video it's worth the watch. You might learn a few things. I know I did (providing its based on truth?). What are your thoughts?

 

[Aardvark154]

"The Federal Reserve". This agency BTW has no affiliation with the government even though it's name suggests other wise.

What you mean is that it is an independent government body like the NTSB or the FCC, the President appoints members of the Board of Governors, but it does not answer directly to the President like "normal" government agencies. It was created through the normal legislative process in 1913 by the Federal Reserve Act signed into law by President Wilson.

 

[kono]

that's actually mentioned in the video. The scary thing is, this agency isn't really regulated. Sooo much power/money and global influence, why aren't they?

 

[afterhours]

that seems to be a more plausible reason to assassinate Kennedy than many others I have heard before

 

[Aardvark154]

that's actually mentioned in the video. The scary thing is, this agency isn't really regulated. Sooo much power/money and global influence, why aren't they?

Admittedly I just skipped around the video but seemingly it takes a very Jeffersonian-Jacksonian approach to banking: banks are bad, a national bank is even worse combined with a lot of b.s.

 

[kono]

If you get a chance Aardvark154 check out this video. The begining is pretty basic banking knowledge. 6:18 mins in is when they start getting into the interesting stuff. They also talk about a presidential assignation and how he was "thought" to be killed for. Whether it's true or not, it's interesting

 

[Rockslinger]

the President appoints members of the Board of Governors, but it does not answer directly to the President

I didn't watch the video but I think the reason it doesn't answer to the President is so the institution doesn't get politicized (same with the Supreme Court, in theory). We saw what happened when Keystone got politicized.

 

[Aardvark154]

I didn't watch the video but I think the reason it doesn't answer to the President is so the institution doesn't get politicized (same with the Supreme Court, in theory). We saw what happened when Keystone got politicized.

Yes, that was the reason.

 

[blackrock13]

Another documentary/book is the Accent of Money from Niall Ferguson.

 

[oldjones]

Just to point out: This is all about the United States Banking System. Nothing much to do with ours.

Although the basic idea of an institution charging you, by whatever manipulations it can dream up, for access to the money you and others entrusted to it for safekeeping or exchange is pretty universal.

 

[Keebler Elf]

Be aware that this video is propaganda. Yes there is truth in it but it's ultimate aim is to pit the little guy against the big bad bankers.

A much better message would have been to encourage thrift and debt repayment. But that's socialism! lol

At the end of the day, if YOU make the choice to borrow money and take on debt, then that is YOUR choice. And you live with the consequences. What this video implies is that we should overthrow the banking system. And then what? Exactly. It doesn't tell you what happens next because they don't know. Yeah, that sounds like a plan...

And from Wikipedia:

According to the Board of Governors, the Federal Reserve is independent within government in that "its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government." Its authority is derived from statutes enacted by the U.S. Congress and the System is subject to congressional oversight. The members of the Board of Governors, including its chairman and vice-chairman, are chosen by the President and confirmed by the Senate. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. Thus the Federal Reserve has both private and public aspects.[14][15][16][17] The U.S. Government receives all of the system's annual profits, after a statutory dividend of 6% on member banks' capital investment is paid, and an account surplus is maintained. In 2010, the Federal Reserve made a profit of $82 billion and transferred $79 billion to the U.S. Treasury.[18] This was followed at the end of 2011 with a transfer of $77 billion in profits to the U.S. Treasury Department.

Doesn't sound like the monolithic evil empire the video is making it out to be...

 

[pastor hyman]

I was fortunate to have met Captain David Astle in the last 90's (rest his soul)
He introduced me to this area of thinking , worth the read IMHO

http://www.bibliotecapleyades.net/sociopolitica/sociopol_globalbanking39.htm

 

[Big Sleazy]

Just to point out: This is all about the United States Banking System. Nothing much to do with ours.

Although the basic idea of an institution charging you, by whatever manipulations it can dream up, for access to the money you and others entrusted to it for safekeeping or exchange is pretty universal.

Wrong. We have the same system. We have a Central Bank as well. This is why we are perpetually in debt. People need to wake up and understand how money gets created in the system.

BS

 

[Big Sleazy]

http://www.youtube.com/watch?v=jghiU55O5eY

This best explains it. This is why we're always talking about having to pay interest on our debt and not actually paying off our debt. We issue money as debt and therefore over time the interest just becomes too much to deal with. It's baked in the cake. We need to close our Central Bank and go back to a gold standard and have the Bank of Canada create our money.

BS

 

[Cobster]

Admittedly I just skipped around the video

Because you got busted when you asked a question and he mentioned it's in the video. lol

 

[homerjsimpson]

Fantastic video.

 

[Yoga Face]

Wrong. We have the same system. We have a Central Bank as well. This is why we are perpetually in debt. People need to wake up and understand how money gets created in the system.

BS

Do you seriously think there is a giant conspiracy and ever fed chairman, president and prime minister is in on it?

And the best way to educate yourself from cartoons on the internet?

 

[Big Sleazy]

Do you seriously think there is a giant conspiracy and ever fed chairman, president and prime minister is in on it?

And the best way to educate yourself from cartoons on the internet?

All fiat currencies die. The average is 47 years. When did Nixon take the World off the Gold standard ? August 16, 1971. Read " The Creature from Jekyll Island " A Second Look at the Federal Reserve by G. Edward Griffin. It's a criminal cabal.

BS

 

[Big Sleazy]

What you mean is that it is an independent government body like the NTSB or the FCC, the President appoints members of the Board of Governors, but it does not answer directly to the President like "normal" government agencies. It was created through the normal legislative process in 1913 by the Federal Reserve Act signed into law by President Wilson.

Correct. And until Wilson's last day's on earth it was the single biggest mistake he is said to have made.

BS

 

[Big Sleazy]

that seems to be a more plausible reason to assassinate Kennedy than many others I have heard before

Other than Kennedy who were the other Presidents that fought against the Central Bank system ??? Oh ya, Abraham Lincoln ( assassinated ) and Andrew Jackson ( survived an attempted assassination ). Just a coincidence I guess.

BS