How can we buy shares of the Fed ?

Discussion in 'Economics' started by SNBthetrue, Dec 10, 2009.

  1. He says you should read fasb 117; the laughter was not derived form my comments in this thread.
     
    #111     Dec 19, 2009
  2. Tresor

    Tresor

    The links you posted do not contradict my previous posts.

    Your CPA did not refer to my posts and he or she also did not refer to your post. The claims you made in this thread are for an accountant or a financial analyst like: 2 + 2 = 5 for a mathematician.

    So let me sum up the whole story:

    (i) your CPA is either bogus or he or she is an idiot.

    (ii) you are also an idiot for having such an accountant OR you make up stories of having a CPA.

    No apologies for this will follow.
     
    #112     Dec 19, 2009
  3. forget the links. start by reading fasb 117. your mistakes will become obvious.
     
    #113     Dec 19, 2009
  4. Dear Tresor and Krazykarl,

    Thank you for your comments and all the others posters too. Finally it seems in my own opinion to be a bad idea to want to buy shares of it even if it was possible... too much risks of total annihilation :D.

    In my own opinion the market incentives in a fiat currency system are wrong and too effective on the shoulder of the gov. and mostly on the end users, infecting the market with misspricing. I think that in all form of organisation that left the ideal of from,by and for the people will only lead to conflicts of interests

    (pyrammid style watch :
    I + I = II or <3 + <3 = <3 totally opposed to I + I + I = /_\, the third I is autorithy, the only form possible look like this :
    _ _ _ aka flat __ )

    ... and a sudden collapse... I don't want to be long when it happens. The free market is the only organisation to bring individuals on the same level and able to give people what they want.

    And I see water as the only real standard of exchange for community because the quality of the Water is the real currency of Life on Earth and reveal the real value of people by showing how they respect themselfves and all the living Beings arround, not the nothing as in debt with interrests based on nothing.

    Furthermore these quotes from this article may put you in agreement... ( the link is on the bottom )...

    "It is important to clarify this misconception of a "private Fed" because the Fed is an evil institution. When we mistakenly define it as a private corporation, we then reinforce the collectivist mantra about free enterprise being evil. If the Fed is both a private corporation and evil, then the collectivist claim that private corporations need to be pervasively controlled by centralized government gains merit in the people's eyes.
    If, however, we portray the Fed as it actually is (a government run cartel) then the solution to its evil becomes clear -- end its protective connection to the government, which would eliminate its monopoly status and its power to dangerously expand the money supply. Simply abolish the Reserve Banks and make the member banks independent institutions again. They would then have to live with the rules that the market would demand. And the market would demand open disclosure of the extent of their fractional reserve loans."

    "In other words, repeal the government's legal tender laws, establish a free-market for banking, and let the marketplace decide what should be used for money."

    I can't resist... to say : natural clean water !!!

    "This would decentralize the financial power of our economy out among the thousands of individual banks throughout the country and strip the Federal Government of its dangerous control over our wealth and productivity."

    Why not say it... the control of OUR LIVES... and OUR MINDS. however nothing beat Earth Life ability to manage water... it will be lakes, oceans :)

    This is super hardcore :

    "Thus, it is not mega-banks that are dangerous and evil. It is mega-banks forming alliances with the state that is dangerous and evil."

    Finally what ever the system...

    small power = small power risks
    mega power = mega power risks


    ( http://www.thedailybell.com/681/Nelson-Hultberg-The-Fed-is-a-Fascist-Cartel.html )





    _ _ _ WE THE PEOPLE ARE FREE _ _ _
     
    #114     Dec 23, 2009
  5. Pekelo

    Pekelo

    #115     Dec 23, 2009