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Old 05-27-2010, 07:17 AM  
TheDoc
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Join Date: Jul 2001
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Quote:
Originally Posted by onwebcam View Post
You really have no clue about our true history do you? The Federal Reserve was on a 20 year charter (trial) period beginning in 1913. Around the time of it's creation the US owed 1 million in gold of debt. Since it is FACT that the shadowy figures behind the creation of the Fed have backed both sides of wars for their own profit we were drawn into World War I. By the end of that war the US owed $25 million in gold of debt. In 1921 the same scheme behind the Federal Reserve Act occured with the Treasury. The Treasury was handed over to private interests. The Fed opened up the flood gates much like the did in the 2000's in the 20's and pulled the plug in 1929 just like they did in the last crash. In 1933 (end of the 20 year trial) the US was declared bankrupt owing 100 million in gold and has been in bankruptcy receivership since. The Federal Reserve's charter was renewed as they became the new owners with the money they printed off..
Your lesson is close enough to be correct, not perfect but it does prove my point for the people that can't read. As I stated, under our current system of the Fed Reserve we has never had a crash, and it is now why the system can't crash. Either way, the fed reserve is not why we had a depression but it is one of the reasons why were able to get out of it.
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