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BigFatDaddy ago

The Federal Reserve? I remain skeptical. I still like President Trump, but come on. He's no Andrew Jackson.

Oh_Well_ian ago

We actually need far fewer skeptics around here.

My experience is that skeptics do ZERO heavy lifting and are more likely to be dragging down the team.

BigFatDaddy ago

So you're saying. . .

Listen and believe?

NoisyCricket ago

No, what's he's saying is that there is an abundance of contrarian view points. You adding yet another in the sea of contrarian viewpoints does nothing but waste everyone's time. In a sea of contrarian viewpoints, insisting that everyone listens to yours, not only fails to add value, but it comes across as annoying and a distraction.

Take a step back. Do you honestly believe your comment added value to the discussion? Do you honestly believe most people here fail to understand the significance of centralized banking to the detriment of the world? Do you honestly believe people don't already understand that the Federal Reserve is a private organization which has never been audited?

When you say, "I remain skeptical", what do you expect people to do with that? Honestly, who cares.

We are all hopeful yet skeptical. We wouldn't be here if we were not cautiously hopeful. Which is another way of saying cautiously skeptical. We all want the hammer to fall. Yet adding it to posts simply makes you sound like a shill. You're coming across as a "concerntroll." Which I also associated with you in another thread. I rarely pay attention to poster names, yet I noticed you. If I noticed you, I'm absolutely sure others are too.

To be clear, @Oh_Well_ian isn't saying sit down and shut up. Period. He's saying don't comment unless you have a meaningful contribution. Because playing the concerned troll benefits no one and can only become a negative attribute to the community. As such, if you have something insightful, great! If not, sit down and shut up until you do. Because you parroting what we are already hearing and are fully aware is dumb.

kestrel9 ago

the Federal Reserve is a private organization which has never been audited

Not fully audited that is.

https://www.sott.net/article/250592-Audit-of-the-Federal-Reserve-Reveals-16-Trillion-in-Secret-Bailouts

The 16 Trillion

2012

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world's banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious - the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is "only" $14.5 trillion. The budget that is being debated so heavily in Congress and the Senate is "only" $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

https://www.scribd.com/doc/60553686/GAO-Fed-Investigation#outer_page_144

Agency Comments and Recommendation page 157