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The Federal Reserve Explains... The Federal Reserve In One Easy, Retard-Accessible Video
The following just released video from the Cleveland Fed, in which the Fed explains the workings of the Fed, does not need much commentary, suffice to say that it likely came to you courtesy of the production and direction talents of Goldman's PR group. It appears the video is supposed to be some form of user friendly PR approach created by the same people that gave you Enron. Alas, some of the biggest roles of the Fed are sadly unaccounted for. We leave it up to you, dear readers, to uncover just what these are but here are some suggestions: buying everything in perpetuity, keeping Goldman solvent in perpetuity, keeping the Fed's shady dealings with other Central banks and primary dealers hidden from the public's eye in perpetuity, keeping fed funds rate at (or below?) zero or below in perpetuity, etc, you get the picture.
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As of this moment I officially feel like I live in Nazi Germany light.
No Suze Orman for this one?
Not sure how long it will remain 'light'.
i just threw up a little bit in my mouth
Ummm..... would you buy car from a guy who dressed in a 1950's suit, and who's sales receipt was a napkin?
This video is a splendid display of how outdated the financial minds are. The manual slide show took them longer to create with a pen than a 6 year old could have with either power point or movie maker. What a joke!
Whatever they were spouting, it lost me as the only thing I could think about was "who in their right mind would attempt to make a convincing presentation like this today?" The video taught me the archaic ways of our financial thinkers (losers).
me too, at about MBS
You are a coked out partisan fan boi if you think this video in any way represents nazi Germany... Governments must manage the money supply of a fiat currency. This is econ 101, nothing mysterious or even that interesting. What is the big conspiracy theory here???
I tried to post this as a video response:
http://www.youtube.com/watch?v=iYZM58dulPE
...but it won't allow it.
They're also moderating comments.
Disgusting !
America the country of morons !
Hardly.
America, the country whose leaders think its citizens are morons.
May I suggest they are due for a rude awakening.
may i second that
I already have Champagne on stash for November.
I hope we get that far...
Yeah, because the Republicans will get us out of this mess.
People who vote for either major party expecting things to change much are one of the primary reasons the leaders of the USA think its citizens are morons. Who wouldn't think the citizens are morons when that game still works so well?
November elections should place both parties on notice that we
will not tolerate this nonsense anymore. If the Republicans don't
get the message, then we vote them out. 3rd times a charm may apply.
We have the best government money can buy, and that has got to
change..
If these assh0les in both parties don't get the message it will be time to warm up the tar and kill a bunch of chickens!!
What to do in November, third party or http://nota.org/?
It's not a real democracy until you have "None of the Above" on the ballot.
Now that confirms it.
Uhh, I don't get it. It looks too complicated! </sarcasm>
They spared no expense making the vid, lol.
No bubble blowing? How could they leave that out? That is they're whole game.
Seriously... the past week I decided to quickly run down the voting members of the FOMC to see how many have a proactive stance on inflation. Of the 12 (or 10 current) voting members I could only find 2 (Hoenig and Bullard) that appear willing to fight inflation before it starts to take off.
In my opinion this is THE reason we will have inflation (not deflation). The strength of the dollar is the key, and Bernake and Co. will sacrifice the dollar at all costs to avoid deflation.
Screw price stability. We've got to keep the peasants occupied chasing the fiats.
The Feds # 1 job is keeping Rothchilds, Rockerfellers, Morgans, Schiffs etc hidden behind the curtain while they fleece us. Do they really think we haven't read Creature from Jekyll Island, or Murray Rothbard?
I hope we get to abolish the scam of the Fed soon.
You included "Schiffs" with Rothchilds and Rockefellers? So now Irwin Schiff is a part of the evil bankster conspiracy theory stuff? That's a new one, lol.
I think he's talking about Jacob Schiff...
http://en.wikipedia.org/wiki/Jacob_Schiff
Which has no relation to Irwin or Peter.
Whose great great grandson was married to Al Gore's daughter at one point....just sayin'
Do you even know the details of what MacFly is talking about?
It sounds like you don't. Anyone aware of the theory that he's espousing would have immediately known that it was Jacob Schiff that he was talking about.
It's one thing to disparage a theory that you logically don't agree with. Quite another to rip one who's details you know nothing about.
BTW. I'm not onboard with the international banking conspiracy thingy. But I do know a ton of details on it. I haven't dismissed it. Just that the case presented isn't at all watertight. And as long as there are holes in the theory, well... I'm not onboard. That simple. Educate yourself, get the facts, and then decide. Don't reach conclusions based on what you feel or what the mob thinks. For one, Mobs don't think. I say this because Schiff is an elemental part of the banking conspiracy angle. But you didn't know that. Did you?
Nope, because I never took it all that seriously. Got any links that summarize it?
Your never taking it "all that seriously" tells me that you made up your mind without ever looking at the facts. That's not logical at all bro. You couldn't possibly know if something's true or not based on what you feel.
Answer to question 2. Start with "The Creature From Jekyl Island". We'll take it from there.
This cartoon can't be real!
If you plow through this(180 pps) you might be able to keep all the eastern european surnames that own our country straight in your head...
http://www.apfn.org/apfn/reserve.htm
Here's a little blurb on the original Schiff....
"Later Congressional testimony showed that in the firm of Kuhn Loeb Company, Felix Warburg was supporting Taft, Paul Warburg and Jacob Schiff were supporting Wilson, and Otto Kahn was supporting Roosevelt. The result was that a Democratic Congress and a Democratic President were elected in 1912 to get the central bank legislation passed. It seems probable that the identification of the Aldrich Plan as a Wall Street operation predicted that it would have a difficult passage through Congress, as the Democrats would solidly oppose it, whereas a successful Democratic candidate, supported by a Democratic Congress, would be able to pass the central bank plan. Taft was thrown overboard because the bankers doubted he could deliver on the Aldrich Plan, and Roosevelt was the instrument of his demise. *The final electoral vote in 1912 was Wilson - 409; Roosevelt - 167; and Taft - 15."
Down home Truth? IT'S IN THERE!
www.RevokeTheFed.comMarch 2008
WHEREAS, Article I, Section 8 of the Constitution of the United States of America authorizes Congress "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures";
WHEREAS, on December 23rd, 1913 the US Congress enacted the Federal Reserve System;
WHEREAS, the Federal Reserve System is considered an independent agency within the federal government, with oversight of Congress and containing appointed public officials on its board of directors;
WHEREAS, the Federal Reserve System Controls the Federal Reserve Note, the official currency of the great nation of the United States of America;
WHEREAS, there may be controversies regarding the legality and constitutionality of the Federal Reserve System, it is recognized that the said system has operated continuously as the central banking system of the United States since the inception of the Federal Reserve Act of 1913;
WHEREAS, the Constitution of the United States of America granted Congress the authority to create the current Federal Reserve System, it also does grant Congress the authority to modify or revoke the Federal Reserve System;
WHEREAS, the actions of the Fedreral Reserve System represent the credit and currency of the United Stated of America to the citizens of this great nation and to the world;
WHEREAS, the Federal Reserve System, acting independently within the federal government allowed, supported, and even promoted parasitical and non-productive uses of the money and credit of the United States of America;
WHEREAS, the United States and likely the entire world's financial system is undergoing massive de-leveraging of the said parasitical and non-productive uses of the credit and money of the United States of America (as well as other nations' currencies);
WHEREAS, the US dollar, the "Federal Reserve Note" is declining in value due to these parasitical activites, as well as potentially other causes;
WHEREAS, it is recognized that the citizens of the United States and other nations did willingly participate at some level in the creation and propogation of said parasitical activities;
WHEREAS, it is also recognized that the United States of America, a sovereign nation, has the legal, moral, and God given authority to take actions to benefit its citizens and to protect its good name, credit and money in times of difficulty;
WHEREAS, it is recognized that the current time is such a time of great difficulty;
WHEREAS, it is recognized the parasitical financial institutions and their activities are at odds with citizens of the United States of America and the good credit and money thereof;
WHEREAS, the current indications are that the Federal Reserve System is acting to preserve the financial system currently flooded with the parasitical activities;
WHEREAS, the current indications are that the neither the Federal Reserve System, nor the Congress of the United States, nor the people of the United States have access to the books of the institutions being preserved by the Federal Reserve, and therefor the degree of inter-connectivity and risk associated with the institutions and other entities cannot be determined;
WHEREAS, the Federal Reserve System is accepting non-performing assets as collateral for credit with ultimate taxpayer responibility to entities not under its legislative mandate;
IT MUST BE CONCLUDED, that the Federal Reserve System is not acting to the benefit of the people of the United States of America, its credit, money, and good name;
WHEREAS, it is recognized that the political will and capability of the government of the United States of America may not be up to the task of prosecuting this proclamation ; It is also recognized that this may be the only hope for the continued survival of the United States of America as the great nation as it has historically existed.
NOW THEREFORE, it is PROCLAIMED by those supporting this Proclamation that the Congress of the United States of America FULLY NATIONALIZE the Federal Reserve System, and take full control of the credit and money of our great nation; The Congress must take whatever action necessary to seperate out, sequester, disown, or otherwise neutralize the effect of the parasitical financial activities which led to the current crisis; The Congress of the United States of America must reorganize, replace, or terminate the Federal Reserve System as appropriate; or otherwise devise a system for creation of the national currency.
IT IS FURTHER PROCLAIMED, that the Congress of the United States of America in cooperation with the Executive of the United States of America contact allied nations and any other nation willing to participate in the overhaul of the failing and parastical financial sytem currently in operation and create new treaties and alliances as necessary to create a sane and productive system of finance with the express goal of supporting a productive national, and by extension and through voluntary cooperation, world economy;
FURTHERMORE, it is PROCLAIMED that it should be the goal of such an international effort to maintain fair international trading practices allowing for protection in national interest of labor, resources, and productive capabilities;
WHEREAS, it is recognized that such a move on the part of the United States of America may result in the necessity of an isolationist policy IF the other developed nations do not follow our lead; If such occurs, so be it.
SO HELP US GOD!
hes going to fast for me!
Propaganda even a child can understand.
brainwash gone mad
Mirror Mirror
Corruption and impunity from prosecution lie at the heart of Greek's debt crisis, Prime Minister George Papandreou said on Monday, calling on citizens to stomach the pain required to put the country back on track.
I think this should be taken down immediately! Criminal pysychologists often speak of a trigger or a breaking point that causes a man to lose it. This video will be it for someone.
WWD(erek)D - I think Derek would like to watch this again with an orange mocha frappuccino...gasoline handle at the ready.
YouTube and FaceBook (to name just a few) are slowly being utilized by the propagandists to perpetuate or refine the public myth. It is being co-opted, just like the truth movements are being co-opted.
What do you do when face to face with a popular uprising and you're in power? Deflect, detain, dominate, devour and destroy.
embrace, extend, and extinguish
ingratiate, intimidate & impoverish*
(* to deprive of strength, richness, or fertility by depleting or draining of something essential)
AAAAAAAAAAAAAAAAA HAHAHAHAHAHAHAHA. sniff..sniff...boo hoo...
almost as good as this one
http://www.youtube.com/watch?v=dfwZNomxsNg
THAT is good propaganda!
Scary-good!
I'm glad our current machine is a product of our educational system.
"We need your taxes for banker bailouts, kickbacks, corruption, manipulation and slush funds. Are you with us or do we need to send the men with guns to help you decide?"
Added to my bookmarks, thanks.
can we have different color dollars for different days . Just for those of us who dont understand money. Thanks a bunch
I feel privileged already!
This one is spot on;
http://www.youtube.com/watch?v=1wiRhVzsXFM
Awesome! Sadly only 33K views.
Panem et Circenses...and big Bewbs remain far more popular.
very nice. The fed was gonna use this one, but Ben has a fear of ponies
http://www.youtube.com/watch?v=wouG4GpL1-I
fucking brilliant...thanx for sharing
Tell me something spawned by this site will end up in the ballot box come November, false hopes *are* better than none.
"Taxes to fight the Axis"
"The sooner you get your taxes in the sooner they'll get to work. For it's your taxes, my taxes, our taxes that run the factories."
Jesus farking wept.
It's not even GOOD propaganda. I expect a much more convincing presentation for my share of the debt.
The folksy demonstration was a good idea, but this guy narrates at a carnival shyster's pace. Slow it down buddy and you won't sound like you are trying to put something past us.
"Money as Debt" is a great example of honest narrative style. It should also be required viewing in schools.
I'd make a rebuttal to this video, but I'd probably just end up drawing a bunch of wieners and tanks.
Here is how things work: http://www.youtube.com/watch?v=o2OxIlCx3EA
that is fucking odd.... somebody should remix it
If you guys want to get rich in 2010 this is the website you need to visit. http://www.SecretTradingMethod.com
hint: if you put it on the internets, it's no longer a secret.
I took a tour of the NY Fed about a year and a half ago. Asked for educational literature about the Federal Reserve System: books, pamphlets, whatever. Only thing they had was comic books explaining various aspects of fed operations. I shit you not.
REAL MAHOGANY
now go back and eat at the children's table and leave the adults alone
WTF? They must be proud of that table.
This was most certainly propaganda on the cheap. I can just see the PR department taking over the small conference room (with that nice mahogany table) to shoot the video using the mail room clerks new iPhone with the 12 MB pixel camera. Don't forget Alice in marketing. Isn't she taking a correspondence "Art" course? She can do the drawings, get her a black sharpie and some copier paper. :>)
Yeah, that's the ticket!
Alright, we get it, 'retarded' people pretty much by definition don't learn things as easily as the rest of us. No need to rub it in and upset people... cmon Tyler! Make those jokes privately, there's no need to rock the boat on such a grand scale... even if it kind of doesn't matter.
Yeah, the new PC terminology is Short Bus
yearsbehind.com
I wish there was a place to comment on their site for this.
Besides them disgustingly treating us all as morons, my quick thoughts:
3:50 LMAO
6:29 again LMAO
8:40 oh the irony!
There is a place for comments:
http://www.youtube.com/watch?v=Kj9-kRv0e6s&feature=player_embedded
No one has decided to comment so far, but there are a few people voting for 1-stars...
I find it odd that no one has commented so far after 309 views (sarcasm).
There. I used one of my friends' accounts to post a comment, 'pending approval'.
*edit*
You know, as another poster above mentioned this is pushing me towards the tipping point. I can comfortably say that I've passed my Money 101 and 102 courses a while back, and consider myself a seasoned student as to the way of things. My data download is far enough along that it's about time for action. Maybe that's exactly what I need to do to rise out of my shell of pessimism that's been saturating my every atom since I learned how shitty the world really is awhile back.
Thinking of scalping something tonight to go buy a video camera and make v2.0 of this video.
At least the FOMC sits around a "real mahogany" table. I feel much better now.
Meanwhile in India - inflation getting out of control and increasingly political issue inspite of what Mark Mobius says about Indian equities. Keeping rates lower to placate their Western counterparts is hurting the Indian economic policy big time !! Major loss of face for ruling party looming..
That was truly retarded. Not funny at all. I was expecting at least a little "conjunction junction what's your function" action.
LOL!!!
A good story means characters?
The first member is probably not your best friend?
There's our cast of characters?...
A big mahogany table???
BWHAHAHAHAHAHAHAHAHAHAHAHA
Will I look weak???
Brought down interest rates for reasons we don't have time to explain here???
Which Big Co. is Goldman??
Stop it ... stop it..
Can't breathe...
Make the bad man stop!
g. edward griffin's book ripped off eustace mullins.
http://www.real-debt-elimination.com/bank_fraud/Secrets_of_the_Federal_R...
The Federal Reserve is a Den of Thieves. Filthy Fucking Thieves!
I was hoping they would talk about how swap lines and reverse repos work. Oh well.
my favorite part is the part with the really big mahogany table
I bet they didn't tell you how they shipped billions in cash to iraq to fund the terrorists...er...US Army contractors. Or how the Fed manipulates the markets to rip off people on a daily basis. Or the fact that it is the most powerful CRIMINAL organization in human history.
'You see I may be a Christian but I am also a capitalist. And I will defend our capitalist system against all enemies unless there's a way to profit from its' demise. Some conspiracy theorists out there have criticized the Fed as a secretive cabal that only benefits the well connected when in fact the Fed is merely an extra constitutional star chamber that controls our monetary policy with no oversight.'
-Stephen Colbert
Do they honestly think the US public is this stupid?
Can someone please do a response video where we draw pictures of Ben in a helicopter and Goldman sachs/JPMorgan are stealing money from grandma's.
"Do they honestly think the US public is this stupid?"
Yes, they do think that.
The sad part is that they are correct about 75% of the population.
15% understands, but is lazy or apathetic.
10% knows what is coming and is preparing...
I love how the video presents that the Fed "has checks and balances" as a given, as if that's trivial or something that is less easily carried out than in the US Federal government--as if the FOMC members have less at stake than politicians.
What a joke our system has become and the biggest feat is that 95%+ of Americans are the furthest thing from knowing about the root issues, let alone mobilizing to fight the problem.
This HAS GOT to be a joke. There is almost no way this video is from the Fed. Have not laughed so hard in a long, long time so whomever made it thanks for the ROFL because it was hysterical and way, way funny :) :) :)
Thanks YouTube for making this available. Made my day :)
Unfortunately not...I watched it on the Cleveland Fed's website...it's the real deal.
I too did a double-take then promptly went to the website to confirm it, see for yourself:
http://www.clevelandfed.org/
I missed the part about the Fed proving the vampire squid with an infinite bankroll so that the vampire can player poker forever.
WOW! What a way to twist the truth about a cabal of bankers printing money out of thin air and causing economic havoc for everyone except themselves.
Breaking News...
The Fed's Consumer Protection Agency Video
http://www.youtube.com/watch?v=k78TVkbrHHM
Maybe it's for local (Ohio) consumption. Am not just baiting, this has been my experience.
I'm from Ohio and I puked.
Good lord, you're right, it's practically unwatchable. The Money Masters does a better job, post that, Phed.
I watched about half this thinking it was going to be funny, but when I figured out it was aMr. Rogers Neighbourhood explanation of why the Fed is your friend, I was pissed off I wasted 3-4 minutes of my life that I won't get back.
If their film can ruin 3-4 minutes of your life, imagine what their policies can do
Partly government owned my ass. Why are the only shareholders the banks it loans money to? With a 6% dividend yield I might add.They seem to confuse being forced, only since the 1960's, to give excess interest back to the government. This video was put together by a jackass.
I fill better now
#4..."It turns to the Fed to get the job done"
It's magic. No mention of how it is done, the effect on interest rates, or it's hidden tax.
But then we need to be more contructive...don't we?
I am calling on the WSJ to use the "Hi, I'm Ben" slide as the new file photo for Bernanke...could you imagine seeing that on the front page every time there's a Fed article? Priceless!
Also, was I the only one who watched this and couldn't stop thinking about the SNL Celebrity Jeopardy skit where one of the contestants answered every question with "Who was the marketing genius that came up with that one?"
Ahhh, SNL Celebrity Jeopardy...remember Darrell Hammond as Sean Connery..."I'll take Anal Bum Cover for $500." But I digress...
Couple of points:
1. Easy to see the PR meeting here: Make it simple...make us look good and necessary. Enough for people to think they understand and go about their merry way.
2. Let's not get into MBS right now...
3. Let's not discuss the printing press either
4. Let's not discuss political influence of major banks like Goldman Sachs and the revolving door within the Government.
5. Let's not discuss our relationships with other central banks internationally
Without discussing these points, this tard-level video is completely worthless and actually deceiving.
Let's see...
Lie 1: The Fed keeps inflation low by preventing too much "demand" and subsequent rising prices. But we all know that the definition of inflation deals with the money supply, not prices.
Lie 2: Independent Fed keeps out-of-control politicians from creating too much money and spending. But we know that the Fed is in fact a symbiont of the politician and uses the crumbs of over-spending for self enrichment.
Lie 3: FOMC is accountable. We all know that the Fed statute expressly exempts the Fed from any criminal activity. They are truely above-the-law.
Lie 4: The Fed is the backstop of last resort. First, the only need for a backstop is out-of-contol credit creation which the government failed to properly regulate. Second, the government is the backstop, not the Fed.
The format of the video is telling in and of itself.
It's written in a children's format. Tell me. What does that imply in terms of what these elitists think of us?
As a thinking, rational, and reasoned adult, could you be anymore insulted?
actually I thought it was pretty good, it is simple and easy to understand, so anyone who watches will at least get a sense of structure
of course what they already know is:
A. you didn't do you're fucking job
B. you confirmed what they did know you didn't do your fucking job
C. you're backstop is fucking stupid, like the backstop is some piece of magic shyte, and not our fucking money
A for nice try
F for failing to do your fucking job
FFF triple F for having lost most everyone's confidence except bankers and politicians
Bernanke looks better on paper... as did the Fed back in 1913.
"until the next time"...?! You mean they're going to make more of these?
*facepalm*
I missed the part where the Fed's main job was to protect the value of money...
Did anyone see it?
It hurts. But I just can't stop watching.
For anyone that despises video, the transcript of this video can be seen at http://www.protranscript.com/show/ba33b06d-4f5c-4eac-af7b-3ae686e1012b
Those aren't the droids you're looking for.
Want to see the US Government propaganda machine in action, below is a film from the US government about how devaluing the money (also called inflation) is a good thing.
www.liveleak.com/view?i=3e0_1235601005
so shall we quietly capitulate? it appears as if they have won.
But they wont be any happier than a casino customer
The banks will find the moron they have given birth to, their dumbed down creation, is an unruly child and a frankenstein society
No, We The People shall not capitulate!
NATIONAL STRIKE
April 15 to April 18TH
Tell Everyone You Know
POST THIS ON EVERY DISCUSSION BOARD
www.taxfree15.com
+++ Also ++++
Join The Civil Revolution
Watch and FWD THIS LINK
www.REVOLTstartsNOW.com
What grows in america? ................
Doubt, fear and confusion
Bankers wealth
Homeless, vagrants, hobos and wanderers
Tent cities and moldy ,empty malls
stress and death among couples
suicide, crimes of passion and theft
Anger and self sufficiency
new dreams and adjustments of desire
knowledge amongst the masses
a group awareness of our dilemma
dissatisfaction with the present system
a desire for truth and security
difficult times will force us to new states of conciousness . Our capacity to love will grow despite ourselves and our many desires.
I hate what is happening from the view point of man, as i too am one (part time) but from another view i see a perfection in the chaos. Its all about perspective isnt it? lol
The feds should have just posted this and replaced "they"
with "we"!
http://www.youtube.com/watch?v=acLW1vFO-2Q
this must be a joke, right? are you trying to tell me this video is from the Clevland federal reserve?.
you have got to be kidding me?
they should show this sophisticated/kiddy video of the ponzi scheme on CNN at 6pm!
who owns the Federal Reserve and why don't you know?
http://earthblognews.wordpress.com/2010/02/25/who-owns-the-federal-reser...
By 5senses:
Can I naked short the the Federal Reserve? Where can I buy a BDS (Brain Default Swap) on Bernanke?
I've got a better cartoon to explain the FED.
http://www.ubergeek.tv/article.php?pid=58
so pathetic that people like Tyler feel better about themselves by using the word retard and that other loser who thought his short bus comment was worthwhile. Wow...what's it like in your very small world? All perfect people like yourself? Ugh.
There was a pop-up box that came up when I visited the Federal Reserve webpage about 6 months ago. It was a questionnaire about how they could make the site better. I suggested cartoons and interactive games to more effectively pander to the public. Somebody was listening!
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