JeffreyNV's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/249538/comments http://seekingalpha.com/article/101544-bespoke-s-commodity-snapshot-10-23-08?source=feed#comment-289268 289268 Thu, 23 Oct 2008 22:30:16 -0400 http://seekingalpha.com/article/99674-coming-soon-the-600-trillion-derivatives-emergency-meeting?source=feed#comment-285341 285341 Sat, 18 Oct 2008 17:59:08 -0400 http://seekingalpha.com/article/92269-witnessing-the-biggest-transfer-of-wealth-in-history?source=feed#comment-238959 238959
1. The Federal Reserve Officials are NOT elected officials, and yet they have been given de facto control over the national debt by way of adding $5 trillion to the National Debt without so much as a wimper from the legislative, executive or judicial branches of government.

2. The Federal reserve is NOT owned by government. It is owned by stockholder "Members", who include member banks such as J.P Morgan. By definition, the Federal Reserve Board fiduciary duty is to its members (stockholders). Events of late clearly support this fact.

3. In relative proportion, the recent assignment of liabilities to the our National Debt, and contemporaneous assignment of assets to J.P. Morgan in connection with the Bear Sterns restructuring, bears witness to a huge transfer of wealth without any regulatory oversight whatsoever.

4. Finally, all of the foregoing facts are undeniable, including the facts surrounding the untimely death of John Kennedy. Murder requires no conspiracy. Big money does whatever it chooses to whomever it chooses. To think otherwise, would be naive (take note ~ punk ash).

5. Finally, having met with Jim Rogers personally a few years ago, I tend to share his views on the dollar and the fact that the United States will continue in a state of decline for the foreseeable future.

The purpose of writing is to share an alternate view of popular opinion. The herd can be a dangerous place to be when crossing a river infested with hungry crocs. A little independent thinking can be a good thing.

Best Wishes to All, Jeffrey]]> Mon, 25 Aug 2008 22:55:08 -0400
1. The Federal Reserve Officials are NOT elected officials, and yet they have been given de facto control over the national debt by way of adding $5 trillion to the National Debt without so much as a wimper from the legislative, executive or judicial branches of government.

2. The Federal reserve is NOT owned by government. It is owned by stockholder "Members", who include member banks such as J.P Morgan. By definition, the Federal Reserve Board fiduciary duty is to its members (stockholders). Events of late clearly support this fact.

3. In relative proportion, the recent assignment of liabilities to the our National Debt, and contemporaneous assignment of assets to J.P. Morgan in connection with the Bear Sterns restructuring, bears witness to a huge transfer of wealth without any regulatory oversight whatsoever.

4. Finally, all of the foregoing facts are undeniable, including the facts surrounding the untimely death of John Kennedy. Murder requires no conspiracy. Big money does whatever it chooses to whomever it chooses. To think otherwise, would be naive (take note ~ punk ash).

5. Finally, having met with Jim Rogers personally a few years ago, I tend to share his views on the dollar and the fact that the United States will continue in a state of decline for the foreseeable future.

The purpose of writing is to share an alternate view of popular opinion. The herd can be a dangerous place to be when crossing a river infested with hungry crocs. A little independent thinking can be a good thing.

Best Wishes to All, Jeffrey]]> http://seekingalpha.com/article/92269-witnessing-the-biggest-transfer-of-wealth-in-history?source=feed#comment-237430 237430
Who owns the Federal Reserve?

For the "Party Line", see:

www.federalreserve.gov...

and i quote...

"..... the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year...."

Now consider this and ponder:

J.P. Morgan is a "member" (stockholder) of the Federal Reserve.

Interesting that J.P. Morgan became the owner of Bear Sterns assets courtesy of the B.S. (no pun intended) bailout?

Now consider Fanny, Freddie, Lehman et al., watch and be amazed as the Fed magic act continues. Presidential or Congressional oversight? None.

As a point of fact, since Woodrow Wilson's term and the subsequent formation of the Federal Reserve, one U.S. President actively considered dismantling the Fed. His name was John F. Kennedy. Eleven days after crafting a memorandum for eliminating the Federal Reserve, the Kennedy assassination was perpetrated. A coincidence? Draw your conclusions accordingly.
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Who owns the Federal Reserve?

For the "Party Line", see:

www.federalreserve.gov...

and i quote...

"..... the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year...."

Now consider this and ponder:

J.P. Morgan is a "member" (stockholder) of the Federal Reserve.

Interesting that J.P. Morgan became the owner of Bear Sterns assets courtesy of the B.S. (no pun intended) bailout?

Now consider Fanny, Freddie, Lehman et al., watch and be amazed as the Fed magic act continues. Presidential or Congressional oversight? None.

As a point of fact, since Woodrow Wilson's term and the subsequent formation of the Federal Reserve, one U.S. President actively considered dismantling the Fed. His name was John F. Kennedy. Eleven days after crafting a memorandum for eliminating the Federal Reserve, the Kennedy assassination was perpetrated. A coincidence? Draw your conclusions accordingly.
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