Should The US End The Federal Reserve
Started by: GZento | Replies: 28 | Views: 1,676
Apr 6, 2012 11:47 PM #629252
My Position: Yes, the federal reserve is irresponsible, reckless, and has illegally liquidated money to corrupt, failing banks, and to Iran of which the money was specifically for nuclear energy production.
Apr 7, 2012 11:16 PM #629758
There are a lot of black criminals so we should just kill the entire race to make SURE there's no more mishaps!
Apr 8, 2012 3:11 AM #629870
and yet we have a black president... SHUT the fu-...
Apr 8, 2012 4:16 AM #629902
Quote from FusionThere are a lot of black criminals so we should just kill the entire race to make SURE there's no more mishaps!
The Federal Reserve is the government's bank. In other words, its the place where your taxes are kept
what you just said has nothing to do with the topic at hand. If Iran wants to harvest nuclear energy, thats cool, if they want to make nuclear bombs, why the hell not? why can't Iran have big boy toys like everyone else?
my true point is, that our federal bank illegally liquidated money to this country, not only that, the U.S. and U.N. have warned Iran not to engage in nuclear research, yet here we have our own country handing money out specifically for nuclear energy research. The fact that they're middle eastern(or black...) has nothing to do with our economy, unless we're still selling and trading slaves or some fucked up shit like that.
Apr 8, 2012 11:48 PM #630503
I think you're misunderstanding me; I was making a metaphorical comparison to what your argument is in the first post. What you are saying is that because some of the people who are allowed to access the Federal Reserve are doing irresponsible things with the money, we should get rid of it. That's a pretty silly argument, considering we don't close down normal banks even though there is probably at least one crack dealer in the United States who stores his crack money in a bank. What I was referring to with the anecdote about black people is that some black people are irresponsible (or criminals), but that doesn't mean we should kill them all, because there are some good people who are also black. Similarly, there are good reasons for the Federal Reserve, and there are also events where it's being used in a good way.
Apr 9, 2012 12:23 PM #630883
It's nearly all of the people who are allowed access to the reserve. and crack dealers(whether white, black, or cambodian) storing money in banks is the least of our problems the people running them and allowing that to happen are the real problem, and yes I feel if we should get rid of the Federal Reserve if the people aren't willing to fix its own system. Criminals aren't part of the system. We can't "end" them because they are not laws on paper. they are people. Comparing people to an establishment isn't a good idea
Apr 9, 2012 1:00 PM #630952
Quote from FusionSimilarly, there are good reasons for the Federal Reserve, and there are also events where it's being used in a good way.
So maybe present what those reasons are, and form an actual argument, instead of just dismissing something with a weak racial analogy without explaining it.
I don't really like the fact that the fed isn't legally regulated by the government in any way. They have free reign to do whatever they want, more or less. I think we should at least discuss possible alternatives but I honestly have no idea what those might be.
Apr 9, 2012 4:03 PM #631062
Quote from ExilementSo maybe present what those reasons are, and form an actual argument, instead of just dismissing something with a weak racial analogy without explaining it.
I don't really like the fact that the fed isn't legally regulated by the government in any way. They have free reign to do whatever they want, more or less. I think we should at least discuss possible alternatives but I honestly have no idea what those might be.
I feel exactly the same way, for some reason they can still be unmonitored. and I don't think there would be an effective alternative besides government surveillance, I mean Ben Bernanke stopped a fucking audit, what the fuck kind of conspiracy-flaming bull is that? it has suspicion written all over it.
Apr 9, 2012 9:01 PM #631286
Quote from ExilementSo maybe present what those reasons are, and form an actual argument, instead of just dismissing something with a weak racial analogy without explaining it.
It supervises all the rest of the banks in the United States, and maintains stability in the market in terms of inflation vs. deflation. It also has a use as a fail-safe in the event of a large risk of an economic crash (It didn't manage to fulfill this purpose when the Great Depression happened). It's pretty important to have a central bank like the Federal Reserve to tie together the economy and prevent things like the Stock Market Crash of October 1929. Also it holds up companies that are economically important, because they are large enough to significantly affect the state of the market and if they happened to fall or be reduced, there would be a large drop in the number of jobs available, which is a bad thing.
I would never disagree with you saying it needs to be improved, but I don't think it would be a good idea to just get rid of something that has the job of holding the economy together.
Quote from GZentoWe can't "end" them because they are not laws on paper. they are people. Comparing people to an establishment isn't a good idea
Well, technically you *can*, you just call it something else. You could "end" a group of people by deporting and/or killing all of them.
Apr 9, 2012 9:17 PM #631316
Quote from FusionThere are a lot of black criminals so we should just kill the entire race to make SURE there's no more mishaps!
best idea all day
Apr 9, 2012 9:39 PM #631327
Quote from FusionAlso it holds up companies that are economically important, because they are large enough to significantly affect the state of the market and if they happened to fall or be reduced, there would be a large drop in the number of jobs available, which is a bad thing.
Well, technically you *can*, you just call it something else. You could "end" a group of people by deporting and/or killing all of them.
The fed reserve ILLEGALLY liquidated money to those banks EVEN AFTER the bail out, when they didn't need it, not only that, when Ben Bernanke(head of the Fed) was confronted by the Financial commission on live television, I would not disclose how much money, nor why the money was given. What I'm saying is, why is he still "supporting" those banks even after the bail out?
And yeah, if were running for president(which I probably never will, but just hear this out) One campaign slogan I wouldn't go for is: "You want lowered crime in, and out of the banks? GZento will fix the economy, and kill all racial minorities. As Nazi germany once said to its Jewish population: Eh yo... get the fuck out now."
Apr 9, 2012 11:06 PM #631365
That doesn't make the federal reserve as a base idea a bad thing, it just has bad people running it.
Apr 10, 2012 12:35 AM #631422
Quote from FusionThat doesn't make the federal reserve as a base idea a bad thing, it just has bad people running it.
And those people will not let us alter its way of doing things, and so we should end it, and start a new one
Apr 10, 2012 12:45 AM #631433
Why would it be better to completely start over?
Apr 10, 2012 1:29 AM #631463
Quote from FusionWhy would it be better to completely start over?
Because there is nothing to work with, I explained that in the last post, as well as Exilement that they have laws on their side that prevents us from stopping their corruption