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Saturday, April 16, 2011

http://www.lyricsmode.com/lyrics/b/bachman_turner_overdrive/taking_care_of_business.html
Taking Care of Business/Bachman Turner Overdrive

Of course romney is not gonna focus on the Fed cause if he did, all the radio stations on Clear Channel would be announcing it, and the focus would be off of the President and on the FED, ey?  ...cal

http://www.dailypaul.com/161805/mitt-romney-on-the-kudlow-report-4-12-11-im-not-going-to-focus-on-the-fed  (video)
Excerpt:

Mitt Romney on The Kudlow Report 4/12/11: "I'm Not Going To Focus On The Fed"

My Country My Ass song

http://www.firetown.com/blog/2011/01/27/1984-grace-commission-report-under-ronald-reagan-showed-irs-is-a-fraud-that-collects-taxes-for-the-banking-dynasties/
Excerpt:
“100% of what is collected is absorbed solely by interest on the Federal Debt … all
individual income tax revenues are gone before one nickel is spent on the services
taxpayers expect from government.”
-Grace Commission report submitted to President Ronald Reagan – January 15, 1984
Ronald Reagan was promptly shot after he dared to criticize the Fed, on the same day
that the Pope was shot. After recovering, he changed his mind and praised the Fed. About
seven US Presidents have been assassinated for not cooperating with the Transatlantic
Banking Dynasties (William Henry Harrison, poisoned, in 1841, Zachary Taylor, Lincoln,
Garfield, McKinley and John F. Kennedy 1963; 7 if FDR’s poisoning is counted).
http://www.sanders.senate.gov/newsroom/news/?id=ECE720E4-D5D6-4EFF-937C-DCADA784C3F9

Release: Why Did the Fed Bail Out the Bank of Libya?




March 31, 2011
How do Gadhafi’s Bankers Avoid U.S. Sanctions? 

WASHINGTON, March 31 – Sen. Bernie Sanders (I-Vt.) today questioned why the Federal Reserve provided more than $26 billion in credit to an Arab intermediary for the Central Bank of Libya.
The total includes at least $3.2 billion in loans that the Fed was forced to make public today in addition to earlier revelations under a Sanders provision in the Wall Street reform law.
Sanders also asked why the Libyan-owned bank and two of its branches in New York, N.Y., were exempted from sanctions that the United States this month slapped on other Libyan businesses to pressure Col. Moammar Gadhafi’s government.
“It is incomprehensible to me that while creditworthy small businesses in Vermont and throughout the country could not receive affordable loans, the Federal Reserve was providing tens of billions of dollars in credit to a bank that is substantially owned by the Central Bank of Libya,” Sanders said.
In a letter to Federal Reserve Chairman Ben Bernanke and others, Sanders asked why the central bank made at least 46 emergency, low-interest loans to the Arab Banking Corp., in which the Central Bank of Libya owns a 59 percent stake.
In the same letter, Sanders asked Treasury Secretary Timothy Geithner why the Treasury Department on March 4 let the Libya-controlled bank skirt the economic sanctions against Libya.
The senator also questioned why the Bahrain-based Arab Banking Corp. is even allowed to operate branches inside United States. “Why would the U.S. government allow a bank that is predominantly owned by the Central Bank of Libya – an institution on which the U.S. has imposed strict economic sanctions –to operate two banking branches within our own borders?” Sanders asked.
The Fed transactions were made public earlier this year as a result of a Sanders provision in the Wall Street reform law that forced the U.S. central bank to reveal which financial institutions it bailed out during the financial crisis from 2007 to 2010.
In another dubious twist, the Fed loans, at interest rates as low as 0.25 percent, relied on U.S. Treasury securities as collateral.  In other words, at the same time that the Arab Banking Corp. was borrowing money at almost zero interest from one arm of the government, the Fed, it was lending money at a higher interest rate to another arm of the U.S. government, the Treasury Department.


http://en.wikipedia.org/wiki/The_Grace_Commission
The report
The Grace Commission Report was presented to Congress in January 1984. The report claimed that if its recommendations were followed, $424 billion could be saved in three years, rising to $1.9 trillion per year by the year 2000. It estimated that the national debt, without these reforms, would rise to $13 trillion by the year 2000, while with the reforms they projected it would rise to only $2.5 trillion.[3] Congress ignored the commission's report. The debt reached $5.8 trillion in the year 2000.[4][5] The national debt reached 13 trillion after the subprime mortgage-collateralized debt obligation crisis in 2008.
The report said that one-third of all income taxes is consumed by waste and inefficiency in the federal government, and another one-third escapes collection owing to the underground economy. “With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."[3]

http://en.wikipedia.org/wiki/Timothy_Geithner
Timothy Franz Geithner (pronounced /ˈɡaɪtnər/; born August 18, 1961) is an American economist, banker, and civil servant. He is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.

Joe Biden sleeping when Obama is speaking
http://www.huffingtonpost.com/2011/04/13/joe-biden-sleeping-asleep_n_848862.html  video

The Federal Reserve Fraud Part 1 of 5
http://www.youtube.com/watch?v=hEZfMruLMSI&feature=related

http://bungalowbillscw.blogspot.com/2011/04/donald-trump-calls-george-w-bush-worse.html
Excerpt:
Really Mr. Trump? Have you not been paying attention to the news? The Federal Reserve bank lends Qaddafi's central bank $26 billion, and Obama then does whatever the hell he wants without the consent of Congress and with no Constitutional authority and attacks Libya, just because of what? Not to mention, Obama is supporting the rebels with ties to Al Qaeda. Mr. Trump obviously doesn't know what the hell he is talking about.

http://www.john-f-kennedy.net/executiveorder11110.htm

President John F.Kennedy,
The
Federal Reserve
And Executive Order 11110
by Cedric X

From The Final Call, Vol. 15, No.6, On January 17, 1996
On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.
With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.
After Mr. Kennedy was assassinated just five months later, no more silver certificates were issued. The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid. Why then has no president utilized it? Virtually all of the nearly $6 trillion in debt has been created since 1963, and if a U.S. president had utilized Executive Order 11110 the debt would be nowhere near the current level. Perhaps the assassination of JFK was a warning to future presidents who would think to eliminate the U.S. debt by eliminating the Federal Reserve's control over the creation of money. Mr. Kennedy challenged the government of money by challenging the two most successful vehicles that have ever been used to drive up debt - war and the creation of money by a privately-owned central bank. His efforts to have all troops out of Vietnam by 1965 and Executive Order 11110 would have severely cut into the profits and control of the New York banking establishment. As America's debt reaches unbearable levels and a conflict emerges in Bosnia that will further increase America's debt, one is force to ask, will President Clinton have the courage to consider utilizing Executive Order 11110 and, ifso, is he willing to pay the ultimate price for doing so?
Executive Order 11110 AMENDMENT OF EXECUTIVE ORDER NO. 10289
AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
Section 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended-
By adding at the end of paragraph 1 thereof the following subparagraph (j):

(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12,1933, as amended (31 U.S.C.821(b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denomination of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption
and --
Byrevoking subparagraphs (b) and (c) of paragraph 2 thereof.
Sec. 2. The amendments made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
John F. Kennedy The White House, June 4, 1963.
Of course, the fact that both JFK and Lincoln met the the same end is a mere coincidence.
Abraham Lincoln's Monetary Policy, 1865 (Page 91 of Senate document 23.)
Money is the creature of law and the creation of the original issue of money should be maintained as the exclusive monopoly of national Government.
Money possesses no value to the State other than that given to it by circulation.
Capital has its proper place and is entitled to every protection. The wages of men should be recognised in the structure of and in the social order as more important than the wages of money.
No duty is more imperative for the Government than the duty it owes the People to furnish them with a sound and uniform currency, and of regulating the circulation of the medium of exchange so that labour will be protected from a vicious currency, and commerce will be facilitated by cheap and safe exchanges.
The available supply of Gold and Silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money of intrinsic value that may come into use.
The monetary needs of increasing numbers of People advancing towards higher standards of living can and should be met by the Government. Such needs can be served by the issue of National Currency and Credit through the operation of a National Banking system .The circulation of a medium of exchange issued and backed by the Government can be properly regulated and redundancy of issue avoided by withdrawing from circulation such amounts as may be necessary by Taxation, Redeposit, and otherwise. Government has the power to regulate the currency and creditof the Nation.
Government should stand behind its currency and credit and the Bank deposits of the Nation. No individual should suffer a loss of money through depreciation or inflated currency or Bank bankruptcy.
Government possessing the power to create and issue currency and creditas money and enjoying the right to withdraw both currency and credit from circulation by Taxation and otherwise need not and should not borrow capital at interest as a means of financing Governmental work and public enterprise. The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of the consumers. The privilege of creating and issueing money is not only the supreme prerogative of Government, but it is the Governments greatest creative opportunity.
By the adoption of these principles the long felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprise, the maintenance of stable Government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own Government. Money will cease to be master and become the servant of humanity. Democracy will rise superior to the money power.
Some information on the Federal Reserve The Federal Reserve, a Private Corporation One of the most common concerns among people who engage in any effort to reduce their taxes is, "Will keeping my money hurt the government's ability to pay it's bills?" As explained in the first article in this series, the modern withholding tax does not, and wasn't designed to, pay for government services. What it does do, is pay for the privately-owned Federal Reserve System.
Black's Law Dictionary defines the "Federal Reserve System" as, "Network of twelve central banks to which most national banks belong and to which state chartered banks may belong. Membership rules require investment of stock and minimum reserves."
Privately-owned banks own the stock of the Fed. This was explained in more detail in the case of Lewis v. United States, Federal Reporter, 2nd Series, Vol. 680, Pages 1239, 1241 (1982), where the court said:
Each Federal Reserve Bank is a separate corporation owned by commercial banks in its region. The stock-holding commercial banks elect two thirds of each Bank's nine member board of directors.
Similarly, the Federal Reserve Banks, though heavily regulated, are locally controlled by their member banks. Taking another look at Black's Law Dictionary, we find that these privately owned banks actually issue money:
Federal Reserve Act. Law which created Federal Reserve banks which act as agents in maintaining money reserves, issuing money in the form of bank notes, lending money to banks, and supervising banks. Administered by Federal Reserve Board (q.v.).
The FED banks, which are privately owned, actually issue, that is, create, the money we use. In 1964 the House Committee on Banking and Currency, Subcommittee on Domestic Finance, at the second session of the 88th Congress, put out a study entitled Money Facts which contains a good description of what the FED is:
The Federal Reserve is a total money-making machine.It can issue money or checks. And it never has a problem of making its checks good because it can obtain the $5 and $10 bills necessary to cover its check simply by asking the Treasury Department's Bureau of Engraving to print them.
As we all know, anyone who has a lot of money has a lot of power. Now imagine a group of people who have the power to create money. Imagine the power these people would have. This is what the Fed is.
No man did more to expose the power of the Fed than Louis T. McFadden, who was the Chairman of the House Banking Committee back in the 1930s. Constantly pointing out that monetary issues shouldn't be partisan, he criticized both the Herbert Hoover and Franklin Roosevelt administrations. In describing the Fed, he remarked in the Congressional Record, House pages 1295 and 1296 on June 10, 1932, that:
Mr. Chairman,we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government Board, has cheated the Government of the United States and he people of the United States out of enoughmoney to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the UnitedStates; has bankrupted itself, and has practically bankrupted our Government. It has done this through the maladministration of that law by which the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.
Some people think the Federal reserve banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into States to buy votes to control our legislation; and there are those who maintain an international propaganda for the purpose of deceiving us and of wheedling us into the granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime. Those 12 private credit monopolies were deceitfully and disloyally foisted upon this country by bankers who camehere from Europe and who repaid us for our hospitality by undermining our American institutions.
The Fed basically works like this: The government granted its power to create money to the Fed banks. They create money, then loan it back to the government charging interest. The government levies income taxes to pay the interest on the debt. On this point, it's interesting to note that the Federal Reserve act and the sixteenth amendment, which gave congress the power to collect income taxes, were both passed in 1913. The incredible power of the Fed over the economy is universally admitted. Some people, especially in the banking and academic communities, even support it. On the other hand, there are those, both in the past and in the present, that speak out against it. One of these men was President John F. Kennedy. His efforts were detailed in Jim Marrs' 1990 book, Crossfire:
Another overlooked aspect of Kennedy's attempt to reform American society involves money. Kennedy apparently reasoned that by returning to the constitution, which states that only Congress shall coin and regulate money, the soaring national debt could be reduced by not paying interest to the bankers of the Federal Reserve System, who print paper money then loan it to the government at interest. He moved in this area on June 4, 1963, by signing Executive Order 11,110 which called for the issuance of $4,292,893,815 in United States Notes through the U.S. Treasury rather than the traditional Federal Reserve System. That same day, Kennedy signed a bill changing the backing of one and two dollar bills from silver to gold, adding strength to the weakened U.S. currency.
Kennedy's comptroller of the currency, James J. Saxon, had been at odds with the powerful Federal Reserve Board for some time, encouraging broader investment and lending powers for banks that were not part of the Federal Reserve system. Saxon also had decided that non-Reserve banks could underwrite state and local general obligation bonds, again weakening the dominant Federal Reserve banks.
A number of "Kennedy bills" were indeed issued - the author has a five dollar bill in his possession with the heading "United States Note" - but were quickly withdrawn after Kennedy's death. According to information from the Library of the Comptroller of the Currency, Executive Order 11,110 remains in effect today, although successive administrations beginning with that of President Lyndon Johnson apparently have simply ignored it and instead returned to the practice of paying interest on Federal Reserve notes. Today we continue to use Federal Reserve Notes, and the deficit is at an all-time high.
The point being made is that the IRS taxes you pay aren't used for government services. It won't hurt you, or the nation, to legally reduce or eliminate your tax liability.
Related Articles:

http://www.pacinst.com/terrorists/chapter2/jackson.html
Excerpt:








CHAPTER 2










PRESIDENT ANDREW JACKSON

Andrew Jackson was elected to the Presidency in the year 1828. His bravery and military skill in defeating the British in the War of 1812 are well known. He fought many battles in open combat, but now he was facing an entirely different enemy. This enemy claimed to be American just like him, claimed to want the best for America just like him, and occupied high positions of responsibility just like him.
The Jesuits were going to destroy America as determined by the sinister Councils at Vienna, Verona, and Chieri, and it was during the Presidency of Andrew Jackson that they began to apply their treachery in full force. These Jesuits moved among the American people and looked just like Americans. They were, in fact, American citizens, but their loyalty was to the pope of Rome. Their purposes were those of the papacy. These people were traitors and a serious threat to the continued existence of the United States.
A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banners openly against the city. But the traitor moves among those within the gates freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears no traitor; he speaks in the accents familiar to his
victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation; he works secretly and unknown in the night to undermine the pillars of a city; he infects the body politic so that it can no longer resist. — Marcus Cicero, speaking to Caesar, Crassus, Pompey and the Roman Senate.
Two of these traitors were John C. Calhoun and Nicholas Biddle.

http://theoldspeakjournal.wordpress.com/2011/04/16/unmanned-drones-fly-through-congress-to-patrol-u-s-skies/  Please watch the video. ...cal
Excerpt:

The Oldspeak Journal

Unmanned Drones Fly Through Congress To Patrol U.S. Skies

In Uncategorized on April 16, 2011 at 3:51 pm
Oldspeak:”The unmanned chickens come home to roost. The death dealing spybots deployed in Pakistan, Afghanistan, Iraq, and god knows where else will be deployed right here in the U.S.A. in a “security” and “law enforcement” role.  Indeed, Skynet is effect. As the surveillance state expands under the guise of ‘national security’, law enforcement and job creation; privacy, civil liberties, and air safety are compromised. Behold in all it’s splendor, the powerful workings of the military-industrial complex. Offense industry lobbyists throws hundreds of thousands of dollars in “campaign contributions” at democrat and republican politicians alike. Those politicians then perform their yearly debt exploding ritual of passing an ever larger “Defense Authorization Act”. The Offense Industry continues to build more and more machines for death and destruction and exports them at great profit to as many countries as will buy them. At the same time, the U.S. spends more on weapons than the next 19 nations COMBINED. The Military Industrial complex Eisenhower warned of is now self-aware, self-perpetuating and ever expanding. With its devastating drain on taxpayer resources that could be used domestically for infrastructure, education, job creation, green energy development, etc etc etc…. The offense industry not teachers, not unions, or public workers/programs/services/ is a large part of the reason the U.S. is hurtling toward imminent collapse.”

http://www.manythings.org/voa/history/62.html
Excerpt:
Jackson's Victory Over the Bank of the US

Download MP3   (Right-click or option-click the link.)

Welcome to THE MAKING OF A NATION – American history in VOA Special English.
The national election of 1832 put Andrew Jackson in the White House for a second term as president. One of the major events of his second term was the fight against the Bank of the United States. Jackson believed that the bank had grown too powerful. He urged Congress not to renew the bank's charter to do business. He also stopped putting federal money into the Bank of the United States. Instead, he put the money into state banks.

Love Train lyrics
People all over the world
(everybody) join hands (join)
Start a love train, love train
People all over the world
(all the world, now)
Join hands (love ride)
Start a love train
(love ride), love train

The next stop that we
make will be England
Tell all the folks in
Russia, and China, too
Don't you know that it's
time to get on board?
And let this train keep
on riding, riding on through

Well well
People all over the world
(you don't need no money)
join hands (come on)
Start a love train, love train
(don't need no ticket, come on)
People all over the world
(ride this train)
(Ride this train, y'all)
Start a love train
(Come on, train), love train

All of you brothers over in Africa
Tell all the folks in
Egypt, and Israel, too
Please don't miss this
train at the station
'Cause if you miss it
I feel sorry, sorry for you

Well people all over the world
(Sisters and brothers)
join hands (join, come on)
Start a love train
(ride this train, y'all)
love train (Come on)
People all over the world
(Don't need no tickets)
Join hands (come on, ride)
Start a love train, love train

Ride, let it ride
Let it ride
Let it ride
People, ain't no war

People all over the world
(on this train)
join in (ride the train)
Start a love train
love train (ride the train, y'all)
People all over the world
(come on) join hands
(you can ride or stand, yeah)
Start a love train
love train (makin' love)
People all over the world
('round the world, y'all)
Join hands (come on)
Start a love train, love train

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