Is the Federal Reserve System Controlled by Nefarious Interests?

Discussion in 'Conspiracy Theories' started by Toro, Jun 28, 2009.

  1. Toro
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    Toro Diamond Member

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    Terral seams to think so.

    http://www.usmessageboard.com/consp...iracies-compilation-thread-4.html#post1302828

    Is this true?

    Of course not!

    First, who owns the Fed?

    FRB: FAQs: Federal Reserve System

    Generally, ownership confers control and profits. Almost all the profits go from the Federal Reserve system go to the government, not the "owners" of the Fed.

    FRB: Press Release--Reserve Bank income and expense data and transfers to the Treasury for 2008--January 9, 2009

    In other words, of the $38.8 billion in profits generated by the Fed, a grand total of 3% was paid out as dividends to their "owners." It would be odd that foreign families and their banks would create a system which allows the government to take all of their profits.

    Anyways, we have no idea what the ownership stakes are of the Federal Reserve because they have never been published.

    Ownership of the Federal Reserve System

    So how can anyone make any conclusion about ownership and control if we have no idea who owns what? We do know that all member banks of the Federal Reserve system - all 3,000 or so of them - must buy stock in the district banks to which they belong, but we don't know how much each owns. But this is irrelevant anyways, as we will see in a minute.

    We also know who the owners are of each bank. Ownership is filed with the SEC each quarter. The owners of the big banks are diffuse, with the biggest owners being primarily institutional mutual funds such as Fidelity, Capital Guardian and Wellington, or large pension funds such as CalPERS. There are no secret families controlling these banks. Ownership is public and well known.

    Can foreign banks own stock in the Federal Reserve? From the above link.

    So it is simply not possible for foreign banking interests such as the Rothschilds and the Warburgs to own stock in the Federal Reserve system.

    Well then, the argument would be that even if these interests do not control through system through ownership, they do so indirectly by electing board members to execute their nefarious machinations. Except there is one problem with this theory. Again, from the above link.

    Thus, no matter what the size of the bank, members only receive one vote.

    The Federal Reserve system not only sweeps almost all of its profits to the government, voting is not based upon membership control but just membership. This is how a co-operative operates, not how a corporation operates. In a co-operative, its one member, one vote, period. Your stake of ownership is irrelevant.

    So, as you can see, the idea that the Federal Reserve is controlled by a group of banks intent upon stealing all of our wealth is just another silly conspiracy theory that fosters paranoia and hatred.
     
  2. editec
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    editec Mr. Forgot-it-All

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    Nafarious?

    It's run by bankers.
     
  3. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    While I appreciate your extensive and well documented post Toro it just brings up more questions doesn't it? Don't try to confuse us with the facts!

    Well that's what the King of all Conspiracy Threads Terral would say.
     
    Last edited: Jun 28, 2009
  4. Terral
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    Terral Terral Corp CEO

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    Hi Toro:

    Thank you for making my point that the stupid Ox has no clue as to what he is even talking about (Gary Allen = former Congressman = Chapter 3). This is the #1 reason that the USA is worthy to be destroyed (my Topic) the El Toro the Economist :)cuckoo:) still does not have one clue . . .

    [ame="http://www.youtube.com/watch?v=NzLIz27GqWs&feature=related"]Rothschilds and the Federal Reserve[/ame]

    Watch the short video and open your eyes . . .

    [ame="http://www.youtube.com/watch?v=bw8Q1VfGM4c&feature=related"]Secrets of the FED: Global Rulers Part1[/ame]

    [ame="http://www.youtube.com/watch?v=Uxq4UqoIoaM&feature=related"]Secrets of the FED: Global Rulers Part 2[/ame]

    [ame="http://www.youtube.com/watch?v=tLivMUH4-6g&feature=related"]Secrets of the FED: Fractional Reserve Part 3[/ame]

    [ame="http://www.youtube.com/watch?v=fSM3Sa_xgxI&feature=related"]Secrets of the FED: Usury / Money Changers[/ame]

    [ame=http://www.youtube.com/watch?v=jkAKwWvgTrA&feature=related]Secrets of the FED: Repent America[/ame]

    GL,

    Terral
     
    Last edited: Jun 28, 2009
  5. Toro
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    Toro Diamond Member

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    Well, I'm honored that I am the number 1 reason why the US should be destroyed, but posting youtube videos of people who do not understand the basic structures of what they are discussing doesn't help your cause.

    BTW, idiots who make youtube videos are still idiots, as those guys are above.
     
    Last edited: Jun 28, 2009
  6. garyd
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    garyd Senior Member

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    Well done Toro. the notion that the Rothchilds and Rockefellers et al are in league to do much of anything is so absurd as to be laughable.

    Thanks terral for more evidence that you are a loon. Videos of warmed over conspiracists from the last half century or so provide nothing factual beyond a brief history of the conspiracy nuts that have infested this country like a plague body lice at least since colonial times.
     
  7. Terral
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    Terral Terral Corp CEO

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    Hi Toro:

    El Toro is not the reason for anything :)cuckoo:). Americans allowing the privately-owned FED to come into being and exist since 1913 is the #1 reason that the USA is worthy of utter destruction off the face of this earth. El Toro is upset that the FED's little secret is being exposed. :0)

    [ame="http://www.youtube.com/watch?v=SKUIHsCwZlw&feature=related"]The FED: America's Greatest Robbery Part 1[/ame]

    [ame="http://www.youtube.com/watch?v=WwVhJqajuJs&feature=related"]The FED: America's Greatest Robbery Part 2[/ame]

    [ame="http://www.youtube.com/watch?v=pW9xw7UrJeY&feature=related"]The FED: America's Greatest Robbery Part 3[/ame]

    [ame="http://www.youtube.com/watch?v=tdG2qjuo0B8&feature=related"]The FED: America's Greatest Robbery Part 4[/ame]

    [ame="http://www.youtube.com/watch?v=_z1-Gx9hWcY"]The FED: America's Greatest Robbery Part 5[/ame]

    [ame=http://www.youtube.com/watch?v=SNViDOMpLMM]The FED: America's Greatest Robbery Part 6[/ame]

    GL,

    Terral
     
    Last edited: Jun 28, 2009
  8. Toro
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    Toro Diamond Member

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    Yeah, I've seen one of these Restore Project America pamphlets. One of these nutbars handed one to my father. What a bunch of moronic paranoia nonsense.

    It's hilarious that Terral posts all these "The Fed is evil" youtube videos yet has no clue how the Fed operates.
     
  9. garyd
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    garyd Senior Member

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    It's actually normal for folks of terrals ilk to do that. The less they know the more delusional and paranoid they get about things. They want simple explanations for thigs that are extraordinairely complex hence we get conspiracies trying to rob us all never mind that this would in most case require the conspirers in these goof ball plots to be working against their own best interests.
     
  10. Terral
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    Terral Terral Corp CEO

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    Hi Gary:

    So, Gary :)cuckoo:) can call people names and play the town idiot with Toro (pic), but everyone already knew that. These guys cannot figure out what is going on, even when everything is laid out in living color in a series of videos. Let me guess: "No conspiracy exists . . ." . . .

    [ame=http://www.youtube.com/watch?v=s2THs3oNooM]Town Idiots!!! Someone Give Them A Clue! :0)[/ame]

    GL,

    Terral
     

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