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Wasn't the host who's a moron.
John Stewart is a brilliant comedian and political commentator.
The girl, whoever she is, was clueless.
Truly predictable that she's an adviser though.
Yup, saw that.
12%
She's a moron.
She thinks covering a short is betting against the market.
One doesn't have to wonder why CNNfn went out of business.
There are things I know.
For instance I now know I'm a retard.
I just don't see the allocate button.
I want to see the allocate button.
I have dreams where it's existence is far from elusive.
Yet every time I wake from such bliss I am confronted with cruel reality.
I mourn for.
I yearn for.
Just a moment with.
The allocate button.
Gave you fifty grand.
Yeah that's the part where I got lost.
I actually got used to it pretty quick...
Traffic is ALOT better both going and coming.
But I just took an office job/ promotion so I'll be back to 9-5 here in a couple months.
I get up at 2:30 and have to be at work at 3:30....
Rather peculiar hours which are about to change here in a month or so...
Soon I'll be nine to five.
If I waltz in here and see NO wisecracks... that's when I know something is wrong.
Sign me up as well.
It'll be interesting to see what you can do.
The problem is no one knows about it.
All anyone knows... this is the average Joe I see at work or in the grocery store... is that they go to work and pay taxes.
They know literally nothing else about the workings of this society and how it has been hijacked.
Any sort of national strike would never work because of this.
You're looking at maybe five percent of the US population that even has a glimmer knowledge. Of them maybe one percent would participate.
Of that half a percent would be fired if not jailed on terrorism charges.
I hate being pessimistic about anything..
But there just isn't any way out of this without the help of an asteroid.
Most of us came from pennyland.
Many of us are here because we were tired of the pump and dump games, and we were tired of wondering why those companies were allowed to get away with such blatant criminality.
Read the bit I just posted and it is easy to see they are merely imitating on a very minor scale what our government has been doing for almost a hundred years.
Buddy of mine from one of my old haunts posted this.
I think it is a good read.
The following is a conversation with Mr. Ron Supinski of the Public Information Department of the San Francisco Federal Reserve Bank.
This is an account of that conversation.
CALLER - Mr. Supinski, does my country own the Federal Reserve System?
MR. SUPINSKI - We are an agency of the government.
CALLER - That's not my question. Is it owned by my country?
MR. SUPINSKI - It is an agency of the government created by congress.
CALLER - Is the Federal Reserve a Corporation?
MR. SUPINSKI - Yes
CALLER - Does my government own any of the stock in the Federal Reserve?
MR. SUPINSKI - No, it is owned by the member banks.
CALLER - Are the member banks private corporations?
MR. SUPINSKI - Yes
CALLER - Are Federal Reserve Notes backed by anything?
MR. SUPINSKI - Yes, by the assets of the Federal Reserve but, primarily by the power of congress to lay tax on the people.
CALLER - Did you say, by the power to collect taxes is what backs Federal Reserve Notes?
MR. SUPINSKI - Yes
CALLER - What are the total assets of the Federal Reserve?
MR. SUPINSKI - The San Francisco Bank has $36 Billion in assets.
CALLER - What are these assets composed of?
MR. SUPINSKI - Gold, the Federal Reserve Bank itself and government securities.
CALLER - What value does the Federal Reserve Bank carry gold per oz. on their books?
MR. SUPINSKI - I don't have that information but the San Francisco Bank has $1.6 billion in gold.
CALLER - Are you saying the Federal Reserve Bank of San Francisco has $1.6 billion in gold, the bank itself and the balance of the assets is government securities?
MR. SUPINSKI - Yes.
CALLER - Where does the Federal Reserve get Federal Reserve Notes from?
MR. SUPINSKI - They are authorized by the Treasury.
CALLER - How much does the Federal Reserve pay for a $10 Federal Reserve Note?
MR. SUPINSKI - Fifty to seventy cents.
CALLER - How much do they pay for a $100.00 Federal Reserve Note?
MR. SUPINSKI - The same fifty to seventy cents.
CALLER - To pay only fifty cents for a $100.00 is a tremendous gain, isn't it?
MR. SUPINSKI - Yes
CALLER - According to the US Treasury, the Federal Reserve pays $20.60 per 1,000 denomination or a little over two cents for a $100.00 bill, is that correct?
MR. SUPINSKI - That is probably close.
CALLER - Doesn't the Federal Reserve use the Federal Reserve Notes that cost about two cents each to purchase US Bonds from the government?
MR. SUPINSKI - Yes, but there is more to it than that.
CALLER - Basically, that is what happens?
MR. SUPINSKI - Yes, basically you are correct.
CALLER - How many Federal Reserve Notes are in circulation?
MR. SUPINSKI - $263 billion and we can only account for a small percentage.
CALLER - Where did they go?
MR. SUPINSKI - Peoples mattress, buried in their back yards and illegal drug money.
CALLER - Since the debt is payable in Federal Reserve Notes, how can the $4 trillion national debt be paid-off with the total Federal Reserve Notes in circulation?
MR. SUPINSKI - I don't know.
CALLER - If the Federal Government would collect every Federal Reserve Note in circulation would it be mathematically possible to pay the $4 trillion national debt?
MR. SUPINSKI - No
CALLER - Am I correct when I say, $1 deposited in a member bank $8 can be lent out through Fractional Reserve Policy?
MR. SUPINSKI - About $7.
CALLER - Correct me if I am wrong but, $7 of additional Federal Reserve Notes were never put in circulation. But, for lack of better words were "created out of thin air " in the form of credits and the two cents per
denomination were not paid either. In other words, the Federal Reserve Notes were not physically printed but, in reality were created by a journal entry and lent at interest. Is that correct?
MR. SUPINSKI - Yes
CALLER - Is that the reason there are only $263 billion Federal Reserve Notes in circulation?
MR. SUPINSKI - That is part of the reason.
CALLER - Am I mistaking that when the Federal Reserve Act was passed (on Christmas Eve) in 1913, it transferred the power to coin and issue our nation's money and to regulate the value thereof from Congress to a Private corporation. And my country now borrows what should be our own money from the Federal Reserve (a private corporation) plus interest. Is that correct and the debt can never be paid off under the current money system of country?
MR. SUPINSKI - Basically, yes.
CALLER - I smell a rat, do you?
MR. SUPINSKI - I am sorry, I can't answer that, I work here.
CALLER - Has the Federal Reserve ever been independently audited?
MR. SUPINSKI - We are audited.
CALLER - Why is there a current House Resolution 1486 calling for a complete audit of the Federal Reserve by the GAO and why is the Federal Reserve resisting?
MR. SUPINSKI - I don't know.
CALLER - Does the Federal Reserve regulate the value of Federal Reserve Notes and interest rates?
MR. SUPINSKI - Yes
CALLER - Explain how the Federal Reserve System can be Constitutional if, only the Congress of the US, which comprises of the Senate and the House of Representatives has the power to coin and issue our money supply and regulate the value thereof? [Article 1 Section 1 and Section 8] Nowhere, in the Constitution does it give Congress the power or authority to transfer any powers granted under the Constitution to a private corporation or, does it?
MR. SUPINSKI - I am not an expert on constitutional law. I can refer you to our legal department.
CALLER - I can tell you I have read the Constitution. It does NOT provide that any power granted can be transferred to a private corporation. Doesn't it specifically state, all other powers not granted are reserved to the States and to the citizens? Does that mean to a private corporation?
MR. SUPINSKI - I don't think so, but we were created by Congress.
CALLER - Would you agree it is our country and it should be our money as provided by our Constitution?
MR. SUPINSKI - I understand what you are saying.
CALLER - Why should we borrow our own money from a private consortium of bankers? Isn't this why we had a revolution, created a separate sovereign nation and a Bill of Rights?
MR. SUPINSKI - (Declined to answer).
CALLER - Has the Federal Reserve ever been declared constitutional by the Supreme Court?
MR. SUPINSKI - I believe there has been court cases on the matter.
CALLER - Have there been Supreme Court Cases?
MR. SUPINSKI - I think so, but I am not sure.
CALLER - Didn't the Supreme Court declare unanimously in A.L.A. Schechter Poultry Corp. vs. US and Carter vs. Carter Coal Co. the corporative-state arrangement an unconstitutional delegation of legislative power? ["The
power conferred is the power to regulate. This is legislative delegation in its most obnoxious form; for it is not even delegation to an official or an official body, presumptively disinterested, but to private persons." Carter vs. Carter Coal Co...]
MR. SUPINSKI - I don't know, I can refer you to our legal department.
CALLER - Isn't the current money system a house of cards that must fall because, the debt can mathematically never be paid-off?
MR. SUPINSKI - It appears that way. I can tell you have been looking into this matter and are very knowledgeable. However, we do have a solution.
CALLER - What is the solution?
MR. SUPINSKI - The Debit Card.
CALLER - Do you mean under the EFT Act (Electronic Funds Transfer)? Isn't that very frightening, when one considers the capabilities of computers? It would provide the government and all it's agencies, including the Federal Reserve such information as: You went to the gas station * 2:30 and bought $10.00 of unleaded gas * $1.41 per gallon and then you went to the grocery store * 2:58 and bought bread, lunch meat and milk for $12.32 and then went to the drug store * 3:30 and bought cold medicine for $5.62. In other words, they would
know where we go, when we went, how much we paid, how much the merchant paid and how much profit he made. Under the EFT they will literally know everything about us. Isn't that kind of scary?
MR. SUPINSKI - Yes, it makes you wonder.
CALLER - I smell a GIANT RAT that has overthrown my constitution. Aren't we paying tribute in the form of income taxes to a consortium of private bankers?
MR. SUPINSKI - I can't call it tribute, it is interest.
CALLER - Haven't all elected officials taken an oath of office to preserve and defend the Constitution from enemies both foreign and domestic? Isn't the Federal Reserve a domestic enemy?
MR. SUPINSKI - I can't say that.
CALLER - Our elected officials and members of the Federal Reserve are guilty of aiding and abetting the overthrowing of my Constitution and that is treason. Isn't the punishment of treason death?
MR. SUPINSKI - I believe so.
CALLER - Thank you for your time and information and if I may say so, I think should take the necessary steps to protect you and your family and withdraw your money from the banks before the collapse, I am.
MR. SUPINSKI - It doesn't look good.
CALLER - May God have mercy on the souls who are behind this unconstitutional and criminal act called the Federal Reserve. When the ALMIGHTY MASS awakens to this giant hoax, they will not take it with a grain
of salt. It has been a pleasure talking to you and I thank you for your time. I hope you will take my advice before it does collapse.
MR. SUPINSKI - Unfortunately, it does not look good.
CALLER - Have a good day and thanks for your time.
MR. SUPINSKI - Thanks for calling.
If the reader has any doubts to the validity of this conversation, call your nearest Federal Reserve Bank, YOU KNOW THE QUESTIONS TO ASK! You won't find them listed under the Federal Government. They are in the white pages, along with Federal Express, Federal Deposit Insurance Corp. (FDIC), and any other business. Find out for yourself if all this is true.
And then, go to your local law library and look up the case of Lewis vs. US, case #80-5905, 9th Circuit, June 24, 1982. It reads in part: "Examining the organization and function of the Federal Reserve Banks and applying the relevant factors, we conclude that the federal reserve are NOT federal instrumentality's . .but are independent and privately owned and controlled corporations - federal reserve banks are listed neither as "wholly-owned' government corporations [under 31 USC Section 846] nor as 'mixed ownership' corporations [under 31 USC Section 856] . . . 28 USC Sections 1346(b), 2671. ' Federal agency' is defined as: the executive departments, the military departments, independent establishments of the United States, and corporations
acting primarily as instrumentality's of the United States, but does not include any contractors with the United States . . . There are no sharp criteria for determining whether an entity is a federal agency within the meaning of the Act, but the critical factor is the existence of the federal government control over the 'detailed physical performance' and 'day to day operations' of that entity.
Other factors courts have considered include whether the entity is an independent corporation . . . whether the government is involved in the entity's finances, . . . and whether the mission of the entity furthers the policy of the United States . . . Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities ...
It is evident from the legislative history of the Federal Reserve Act that Congress did not intend to give the federal government direction over the daily operation of the Reserve Banks . . . The fact that the Federal Reserve Board regulates the Reserve Banks does not make them federal agencies under the Act . . . Unlike
typical federal agencies, each bank is empowered to hire and fire employees at will. Bank employees do not participate in the Civil Service Retirement System. They are covered by worker's compensation insurance, purchased by the Bank, rather than the Federal Employees Compensation Act.
Employees traveling on Bank business are not subject to federal travel regulations and do not receive government employee discounts on lodging and services . . . Finally, the Banks are empowered to sue and be sued in their own name. 12 USC Section 341. They carry their own liability insurance and typically process and handle their own claims . . ." According to the Federal Reserve Bank of Philadelphia, "When the Federal Reserve was created, its stock was sold to the member banks." ("The Hats The Federal Reserve Wears," published by the Federal Reserve Bank of Philadelphia).
The original Stockholders of the Federal Reserve Banks in 1913 were the Rockefeller's, JP Morgan, Rothschild's, Lazard Freres, Schoellkopf, Kuhn-Loeb, Warburgs, Lehman Brothers and Goldman Sachs. The MONEYCHANGERS wanted to be insured they had a monopoly over our money supply, so Congress passed into law Title 12, Section 284 of the United States Code. Section 284 specifically states, "NO STOCK ALLOWED TO THE US" *
Monopoly - "A privilege or peculiar advantage vested in one or more persons or companies, consisting in the exclusive right [or power] to carry on a particular business or trade, manufacture a particular article, or control the sale of the whole supply." ....
Cut out early... kinda anyways.
Yeah I couldn't save it either
You didn't miss much.
If it was televised then he didn't say anything meaningful, or even real.
Yep, volatility is high, but one of the very attractive aspects of Forex is the lack of scam company games.
Charting works here.
LOL, yeah I know, trying to ease him into the notion of holding a trade for literally seconds as opposed to buying BKMP or QBID or GZFX or AFRR and holding for a year or two.
He'll get it I think...
But as we know...
It's just soooo different to actually trade.
You are new to the Forex game so surely you don't know this yet.
Forex is not a buy and hold game.
Forex is about trading... and most often quickly...
Very quickly.
The Dinar going up X amount in the last year is really kind of pointless in this game as none of us have positions open for more than a day.
This is not pennyland.
I think you are falling for a penny stock like dream that will leave you just as wanton as you began.
We are not in Iraq to help them.
We are there to seize and then NOT export their oil.
And you are right that Iraq is not a third world country like Pakistan... They wish they were at that level of luxury.
80% of their cars and products seems a tad much considering Iraq is struggling to just be a third world country.
The charts for oanda aren't the greatest but it is the best free platform that doesn't expire.
You can also now join the monthly contests and go up against some of the board regulars.
Nothing hones a skill like competition.
Welcome one and all
Please be patient as the board is under construction.
Wait for it
wait for it
http://www.oanda.com/
Open a demo account here and use it for atleast six months before using real money.
Pay attention to alot of the guys here, they're all getting pretty good at Forex.
And ask as many questions as you can.
We're all here to help.
Funny how absolutely brilliant those two writers are.
Seev "V" yet?
Another brilliant commentary on that which most
Can never see.
Yep, the secret is not really a secret anymore and the socalled enimies of the state are rarely really enemies of the citizens.
Venezuela is making their own from what I've read.
You can expect the rhetoric to increase and some sort of military action when "sanctions" don't work.
Bankers
I would be looking very closely at the fingerprints here.
I would also fully expect to find CIA prints all over it.
Short the buck.
Clear evidence of who is in charge and the exact direction this world is taking.
This world has no place for free thinking people.
Short the buck.
Got mine swigging down a drano/DDT cocktail all while wearing a flag as we speak.
She was singing the star spangled banner before the drano.
Absolutely sickening.
And all too common.
This theresult of 24/7 news networks and a dumbed down population.
We were all so eager to jump on the "Get tough on crime" bandwagon that they were pulling.
Now look at us..
Being innocent isn't even an excuse anymore.
Just ask a cop...
We're all guilty.
Simple, have you noticed alot of difference in indicators and patterns from equity and Forex?
It's funny how many of the same patterns appear but they often mean different things.
Pretty much in line with the reversal we were looking for.
Yeah that was a pretty decent drop right to the trendline.. gotta figure it'll have enough energy to continue through it.
Not sure anyone with the power to stop it will care till the oil flow slows...
Then we'll do something
EUR/USD is right on the trendline.
Just from this glance I would say a decent reversal is in the works.
Castro was pretty close to getting whacked quite a few times.
I'm pretty sure we'll go after Chavez at some point.
He controls too much oil and he's quickly becoming an icon.
The powers that be won't allow it for much longer.