What was the point of the federal reserve? | Page 7 | TigerDroppings.com

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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


quote:

Who decided that the Federal Reserve is the central bank of the United States?


quote:

I'm moving on.
And there you go again. Running away scared when you can't answer a simple question.

I pity someone as weak and ignorant as you.






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Interception
Providence Fan
Member since Nov 2008
11089 posts

re: What was the point of the federal reserve?


quote:

Pal, the Federal Reserve is officially independent from our government, it's not an official government agency. Your post above is explaining why it's independent.


It's both, arguing one side of it makes you look like an idiot.

How can it be strictly independent of Federal Gov't if:
A. The President nominates the Fed Chairman
B. Must be confirmed by the Senate

The more you talk the more you show your ignorance.






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el duderino III
Texas Fan
austin
Member since Jul 2011
1519 posts

re: What was the point of the federal reserve?


wait dont leave yet!

quote:

Is a central bank the only alternative to a gold standard? Nope.
we would love for you to explain your optimal currecy solution for the united states







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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


quote:

It's both

This is the correct answer.






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: What was the point of the federal reserve?


quote:


It's both, arguing one side of it makes you look like an idiot.

How can it be strictly independent of Federal Gov't if:
A. The President nominates the Fed Chairman
B. Must be confirmed by the Senate

The more you talk the more you show your ignorance.


The entire point I've made is it's not a federal agency. It is independent from our federal government. It is not an official member of our government. How many ways do I have to word it?

I've not said it doesn't have a relationship with our federal government. I've said that it is not a federal agency. Which I think would surprise most Americans.

I spent 2 days arguing with Russian over this.. he won't concede the FACT that it is not a federal government agency.



This post was edited on 12/4 at 7:14 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


quote:

I've not said it doesn't have a relationship with our federal government

quote:

And the Federal Reserve IS completely independent from our federal government.


You can't have it both ways.

You never answered, who decided that the Federal Reserve was the central bank of the United State? (Are you going to Refuse to answer and run away and hide again like you've already done multiple times in this thread?)






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: What was the point of the federal reserve?


quote:


You can't have it both ways.


Russian I'm not trying to have it both ways.

You're just misinterpreting what I'm saying.

Saying the Federal Reserve is independent from our federal government means it's not a sanctioned member of our government, its independent from it. This is the language used on the Federal Reserve website, they use the word independent. You're interpreting 'independent' as me saying it has no relationship with the federal government.

And we already discussed your daddy complex. You've refused to concede the fact that the Federal Reserve is not an official member of our federal government.



This post was edited on 12/4 at 7:32 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


quote:

And we already discussed your daddy complex. You've refused to concede the fact that the Federal Reserve is not an official member of our federal government.

Again with the straw man argument.

Ice was right in catholictigerfan's thread....you miss the point in every thread and you ARE a jerk in every thread.






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: What was the point of the federal reserve?


Unbelievable.

Why ignore the paragraph above the one quoted? Afraid you have been pinned down?

There is nothing strawman about a fact. The Federal Reserve is officially not a federal agency. Its a recognized fact, the Federal Reserve website even recognizes this. I'm not sure why you're confused.



This post was edited on 12/4 at 7:42 pm


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LSU0358
LSU Fan
Member since Jan 2005
5229 posts

re: What was the point of the federal reserve?


So, for the fourth time in the thread, you claim an agency that's leader is nominated by the President, then approved by the Senate is a totally independent agency?





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lsu480
LSU Fan
Downtown Scottsdale
Member since Oct 2007
71297 posts

re: What was the point of the federal reserve?


quote:

So, for the fourth time in the thread, you claim an agency that's leader is nominated by the President, then approved by the Senate is a totally independent agency?


I'm pretty sure he just said it was not a federal agency in his last post....not that it is totally independent. The Fed fricks us is many ways and anyone who sticks up for it is either stupid or ignorant on the subject.






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: What was the point of the federal reserve?


quote:

So, for the fourth time in the thread, you claim an agency that's leader is nominated by the President, then approved by the Senate is a totally independent agency?



Is this for real?

Please read a thread before you comment.

I have not said it has no relationship with the government.

I've simply tried get through to a few dense people that the Federal Reserve is in fact independent from our federal government. It is not an official member of our federal government. It is a central bank not a federal agency. This fact is shown on their very own website. I think most Americans don't know that the Federal Reserve is not a federal government agency.



This post was edited on 12/4 at 7:49 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


You are so unintelligent you don't even realize how you keep morphing your position every time a poster points out why you are wrong. You are now on your umpteenth iteration of a position on the Federal Reserve.

Let me list a few of them:
- The Federal Reserve is no more federal than Federal Express.
- The Federal Reserve is totally independent from the federal goverment. No gray area.
- The Federal Reserve is an entity of the federal goverment.
- The Federal Reserve is not an agency of the federal government.
- The federal government is independent from our federal goverment. and
- The Federal Reserve has a "relationship" with our federal government.
- The Federal Reserve is the Central Bank of the United States but it is completely independent from the federal goverment.(Which completely ignores what the "central" in "central bank" means.)

Did I leave any out? I went back and quoted your statements as best I could make sense of them.

And still you refuse to answer my simple questions. So, I'll give you another easy question: What authorizes the printing of currency notes commonly known as "Federal Reserve Notes" which the Federal Reserve distributes through its district banks to commercial banks and are those currency bills an obligation of the United States government?



This post was edited on 12/4 at 8:31 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


quote:

I'm pretty sure he just said it was not a federal agency in his last post....not that it is totally independent.

Actually, if you go back and read mo's posts in this thread you will see that he wrote that the Federal Reserve is "completely independent" AND "totally independent" from the federal government.

Here's where he said that.



This post was edited on 12/4 at 8:30 pm


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gogotigers
LSU Fan
Member since Nov 2008
6 posts

re: What was the point of the federal reserve?


The Federal Reserve is a federal backed banking monopoly cartel. The oligarchs behind it are internationalists who are not loyal to any nation including the USA. They have by far the most influence over the establishment of both the republicans and democrats by their control of money, money being most important factor in DC.

There’s plenty of material out there to become informed on the issues if one wishes and all should be if they care about the future of this country and future generations: LINK

A quote from one of the greats from this past century:
"We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.

We were warned about a system like this:
The LORD detests differing weights, and dishonest scales do not please him. Proverbs 20:23






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: What was the point of the federal reserve?


The Federal Reserve is not a federal agency, it is not a member of our federal government. Deal with it Russian.

This comment I made a few posts back explains your confusion.

"Saying the Federal Reserve is independent from our federal government means it's not a sanctioned member of our government, its independent from it. This is the language used on the Federal Reserve website, they use the word independent. You're interpreting 'independent' as me saying it has no relationship with the federal government".

At least the guy who stopped by understood this, sorry that you've confused yourself amidst your complex to be right.

The Federal Reserve is not a federal agency. It is independent from our federal government. It does have a working relationship with the government, but it is in fact not a federal agency. It is independent.

The god damn Federal Reserve website even says this, yet Russian is confused. Incredible.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82870 posts

re: What was the point of the federal reserve?


And you STILL refuse to answer any of my simple questions.

Why is that? Are you so dumb you don't know how to look up the answers?

ETA: Is the Federal Reserve totally independent from the federal government? Yes or no.



This post was edited on 12/4 at 9:07 pm


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NC_Tigah
LSU Fan
Member since Sep 2003
52867 posts

re: What was the point of the federal reserve?


quote:

"Saying the Federal Reserve is independent from our federal government means it's not a sanctioned member of our government, its independent from it.
quote:

The god damn Federal Reserve website even says this, yet Russian is confused. Incredible.
you're referring to this?

"The Federal Reserve can be more accurately described as "independent within the government"
rather than "independent of government"?"






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: What was the point of the federal reserve?


I'll simplify this, since this is the only point I've argued and it's been twisted and finagled by the online vets.

Is the Federal Reserve a federal agency? No. That is all.






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ForeLSU
LSU Fan
The Corner of Sanity and Madness
Member since Sep 2003
34481 posts

re: What was the point of the federal reserve?


quote:


Is the Federal Reserve a federal agency?


Yes, but it is independent of the political and federal budgetary funding systems






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