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The Blueprint for Ending the Federal Reserve


WallyWeaver
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Hi tcat1:

Welcome to the discussion.

I most certainly was never advocating a blanket forgiveness of all debt, and never uttered such a thing. What I said was that a moratorium on all debt; personal, corporate, institutional, and governmental, should be where we begin this quest.

Your question, and tease of knowing how to reduce personal debt is intriguing. I look forward to hearing it.

I guess I would make the suggestion that for every dollar of debt paid down, there would be a corresponding tax credit to offset our tax liability. And, for every percentage point over 10% that debt was reduced, a like amount would be added to an account to be used for education, home purchase, or medical insurance. Certainly beats ObamaCare!

How's that for a start?

Tremendous start in my estimation but there is "tons of individual debt" that never could be properly retired. So there is but one path and its through individual BK with a "fixed sentence" on incurring further debt for no less then ten years. Violation of said sentencing would be punishable with 24 months confinement to a labor driven halfway house whereby wages earned would cover room & board. Just a start...

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@WallyWeaver - thanks for posting this thread. I read an interesting post on here by someone(don't remember who) in regards to fractional banking and they solicited that any readers should watch "The Money Masters" on youtube. It is an older video that is 3 1/2 hours long. It was one of the best history lessons I have ever learned on the Federal Reserve. They specifically go over the history of John F. Kennedy in this and more.

If anyone has the time - I highly suggest watching this video. I was amazed, disgusted, and angry after watching this. It opened my eyes and I hope it will for anyone who watches it.

GO RV! ;)

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Wally! Tremendous movie. Really loved it. Really well done.

I once worked as an Animatrix, which is a fancy name for Animation Stand Cameraman. I love these modern stylized hand-drawn on cells type cartoons way better than the modern plastic styled computerized animation, with all its super-fast jerky movement. I gave up watching that crap. (Though this film was prolly done in a computer too, but in the old two-dimensional style.)

More, what astounds me is watching myself making the seemingly impossible incredible outrageous claims I do then seeing them all also said in films like this. Amazing.

What a screwed up world we are now in. BUT with people making super quality movies like this, daring to, it gives me hope.

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@WallyWeaver - thanks for posting this thread. I read an interesting post on here by someone(don't remember who) in regards to fractional banking and they solicited that any readers should watch "The Money Masters" on youtube. It is an older video that is 3 1/2 hours long. It was one of the best history lessons I have ever learned on the Federal Reserve. They specifically go over the history of John F. Kennedy in this and more.

If anyone has the time - I highly suggest watching this video. I was amazed, disgusted, and angry after watching this. It opened my eyes and I hope it will for anyone who watches it.

GO RV! wink.gif

Yeah, this thread has been fun so far! +1

Great to see how many people here at DV know about this stuff. It gives me hope that if enough people can become educated we can actually get this country back on track... I have not lost hope yet!

I believe it was Sirius who posted it last(Money Masters) and, actually, I have not seen it yet. sad.gif

I am away from home with work right now but I get back tomorrow night (haven't been home in a week). I hope to check it out this weekend... 3.5 hours long, wow! I better buy lots of popcorn....

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It is a total scam, estewart, absolutely. The deeper I dig into this stuff the more shocked I am.

Rather than defaulting couldn't the US Treasury just print its own money and then pay off the Fed with the new currency? And then slowly remove the FRN's over a period of years?

This way our other legitimate debt holders don't get the shaft... I'm all for sticking it to the Fed but I do think it would be important to pay China, Japan, the UK, US households, etc.

Paying off nearly twenty trillion with interest and running a government too? Yeah, it could get paid off, in about twenty Centuries. No, that's wrong. Impossible to pay back a trillion in a century. And the interest on the remaining balance would continuously exceed the payments being made. Just like with a credit card.

Need to bankrupt the existing government and start anew. That's been done before, so no big deal.

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I just made my daughter (15 yrs old) sit down and read this entire post. Probably the best Economics study group she could find. Some very intelligent, well thought out statements or opinions made here. Very, very interesting! Thanks :)

WOW Hntr:

That is probably the most humbling thing I have ever read here on DinarVets. I congratulate you on you vision and foresight, and commend your daughter for having such a wise father to get her involved in the process at such a young age.

Keep up the good work, Dad!

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Paying off nearly twenty trillion with interest and running a government too? Yeah, it could get paid off, in about twenty Centuries. No, that's wrong. Impossible to pay back a trillion in a century. And the interest on the remaining balance would continuously exceed the payments being made. Just like with a credit card.

Need to bankrupt the existing government and start anew. That's been done before, so no big deal.

Okay folks, here goes:

Rather than resigning ourselves to the prospect that such a large debt could never be paid off, may I suggest that we step back a little from this humongous weight that rests upon all our chests, and think outside the box for a moment.

Suppose that instead of exporting debt, which has been what our government, the banks, and the Federal Reserve have been doing for far too long, we created something else of value that everyone and every country in the world would be most anxious to buy from us. What if there were the equivalent of a Marshall Plan put in place to lift us out of the doldrums of debt, and onto the fast track of innovation and creativity? What if we again produced products that dazzled the mind and lifted the spirits of all who had the opportunity to get their hands on them? Do we have the smarts to do so? I am certain of it! Do we have the will, and the courage, plus the confidence that it can be done? Now, that I'm not so sure of, at least not yet.

What I would propose is that there be a national competition to seek out innovative ideas for dynamic yet useful products that are both revolutionary, and unique in ways not seen or heard of before. Each submission would be evaluated for its merit, and then if it passed muster, it would be placed into an incubation status whereby the funding to produce prototypes would be provided in the form of grants, and supervised by the watchful eye of whatever specialists there were in whatever field of endeavor it happened to be. Once these products were proven for their worth and efficiency and efficacy, they would then be required to be manufactured here on USA soil exclusively. All patent rights would be the joint property of the innovator and the US government for a period of time to recoup the initial start-up investment (including manufacturing facilities), at which point the rights would become the exclusive property of the innovator. There would be no taxes levied during the start-up phase, and only after such products had reached the market, and attain acceptance thereof. If it turned out to be a flop, then so what? I am certain that the investment alone would be a very small fraction of what now occurs with small business loans that go belly up.

And, with each success the obvious results would be just astounding; jobs created, wealth created, and national pride in doing a job well would return as it once was during the Industrial Revolution of the early 20th century.

That to me is just one way to work our way out of debt, both as individuals, and as a nation.

Again, its only one of many ideas I have to get things back on track, but let me know what you all think, please.

Edited by billio0
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I don't mean to make this sound trivial but we were given the blueprint to shutting down the Federal Reserve by John F. Kennedy. Unfortunately, he was killed six months after it was signed so it was never fully enacted. But, as far as my understanding goes, JFK's Executive Order still stands. All we need is a someone to "re-enact" it....

On June 4, 1963, a little known attempt was made to strip the

Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.

With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.

The question is: can the person who re-enacts it stay alive long enough to see it fully implemented?

FROM MY UNDERSTANDING THE FEDERAL RESERVE NOTE WAS BACKED BY GOLD, YOU CANT PRINT IF YOU DONT HAVE BACKING, THE SAME THING GOES WITH THIS, WHERE ARE ALL THE TAXES COMING FROM THAT WE PAY AND THERE IS SUPPOSE TO BE NO TAXATION WITHOUT REPRESENTATION. HAS AMERICA TURNED A BLIND EYE TO THIS, TIME TO START TO TAKE OUR COUNTRY BACK......

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THAT could make for a great Reality TV show, maybe. (Don't know for sure as I dumped watching the idiot-box.) It could possibly even trump Trump.

I too no longer watch any television or listen to any broadcast of any kind anymore, radio or TV/cable. I no longer allow anyone to Tell Me My Vision.

Now, if it sounds ridiculous to believe that tapping into our collective intellectual capital is the perfect way out of debt, rather than trying to figure out how to make more money, which is debt personified, then please forgive my idealism. If a reality show is the most that can be envisioned from this great nation and its people, then we are surely doomed.

Please accept my apologies, and perhaps I should just keep quiet from here on out. As I said earlier, I have a very unhealthy temperment, and engaging with doubters and disbelievers tends to get it riled up.

So sorry!

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Geez, this is the most informative thread I have ever read here on DV about a subject, the Fed, that is very close to my heart. I believe they are behind just about all our financial problems because we rent Federal reserve notes, for our use, from them and pay interest on the non-existent money it represents that has been created out of thin air. How wrong is that?

Let me go over some points made by others and insert some comments that are JMO:

The IRS was created to repay the Fed for the money they loan the treasury even though that money they loan does not really exist.

I THOUGHT LBJ cancelled JFK's XO11110 on the plane going back to DC from Dallas with JFK's body onboard that plane.

There has to be some debt or there probably be no new job creation, etc.

There may be little, if any, gold at Fort Knox.

Do away with the Fed and congress prints our money. Reserves don't matter. The Fed prints money and has no reserves.

Allow Fed notes and US greenbacks to co-exist for a while (sound familiar?). It's fiat currency.

Don't EVER allow anyone, except congress, to print our money again (as the constitution states).

After we get rid of the Fed, tar and feather all the bigwigs and kick them out of the country.

To TRERUMPH: Fedeal reserve notes were NEVER backed by gold. It's not federal and has never had a reserve. Read "The creature from

Jeckyll Island" or watch this http://www.youtube.c...h?v=a6OQzH07u0U

I know I had a lot more to say, but probably overstayed my welcome and have to go do more rehab on a couple of my apartments. Gotta get them rented. Need the cash to buy commodities (old US silver coin is my choice. Cheaper initially that gold, which just took a nose dive).

I'm following this thread and, like Arnold, "I'll be back". Gotta love this..Oh yeah GO RV.

Edited by tommyboy
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I too no longer watch any television or listen to any broadcast of any kind anymore, radio or TV/cable. I no longer allow anyone to Tell Me My Vision.

Now, if it sounds ridiculous to believe that tapping into our collective intellectual capital is the perfect way out of debt, rather than trying to figure out how to make more money, which is debt personified, then please forgive my idealism. If a reality show is the most that can be envisioned from this great nation and its people, then we are surely doomed.

Please accept my apologies, and perhaps I should just keep quiet from here on out. As I said earlier, I have a very unhealthy temperment, and engaging with doubters and disbelievers tends to get it riled up.

So sorry!

Biillio0, I think you may have misunderstood what estewart was saying... I think he is in favor of your idea. I think, and correct me if I'm wrong estewart, that he was trying to say that something like that would be so popular that if it were on T.V. it would be more popular than Trump's show. So, no need to check yourself out of the thread, your input is valuable!

I love your idea, by the way. When I pick up my history book I notice that before America there was no such thing as harnessed electricty, or the telephone, or flight, etc. We used to be a country of great innovation.... our ideas and inventions have truly changed the landscape of the world. We have to get back to that.

For clarification purposes: I'm assuming you want to move forward with your idea either after or during our abolishment of the Federal Reserve.... am I getting that right? To make everything clear we are all in agreement that ideas to get the country back on track, from an economic standpoint, begin with closing the doors on the Fed.

And I don't think anyone is saying operate the country with no debt... I think billio0 was just saying we need to put a TEMPORARY moratorium on debt to help individuals get out from under the weight of their personal debt. Getting rid of the Federal Reserve and cutting government dramatically will get rid of the national debt. I think everyone understands that running no debt would not allow wiggle room for innovation to advance.

Okay, back to your post billio0... I think in order to get the innovative, world chaning ideas that you are talking about we need a major revamping of the education system. I think there are still a lot of bright minds in this country but they are so bogged down with being in the school system for 14 to 20 years that it hinders their potential. I remember listening to a radio program and the host made this statement:"America was built on an eighth grade education..." His point was that most of this countries' greatest accomplishments came from people who were not heavily influenced by the Department of Education.

I think we need to get back to that. It just seems crazy to me that we have "kids" going through school well into their mid to late twenties and early thirties. And then when they get out they are tens or hundreds of thousands of dollars in debt! I think I remember reading a survey of highly successful business people and the vast majority of them agreed that if they had to do it all over again they wouldn't have spent so much time in school! Virtually all of them agreed that what they learned in school/ college had little or nothing to do with what they were doing in their careers!

I think, in order to unleash Americans and encourage innovation, as you have suggested billi0, we have to totally revamp./ decrease the influence of the Department of Education... or maybe just kill it all together. And then, as you have suggested, encourage new ideas, new inventions. Unleash the potential of our young minds!

Geez, this is the most informative thread I have ever read here on DV about a subject, the Fed, that is very close to my heart. I believe they are behind just about all our financial problems because we rent Federal reserve notes, for our use, from them and pay interest on the non-existent money it represents that has been created out of thin air. How wrong is that?

Let me go over some points made by others and insert some comments that are JMO:

I'm following this thread and, like Arnold, "I'll be back". Gotta love this..Oh yeah GO RV.

Welcome aboard tommyboy! +1 and thanks for the great post!

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Thanks WallyWeaver from the clarification of estewart's response. I consider TV the ultimate waste of time, and so I easily mistook it to mean that any effort such as I proposed would be nothing more than primetime foolishness. My apology is in order.

Now, to your presumption of our understanding here; yes, I agree that the Federal Reserve System has outlived its usefulness to this country, and should be dissolved, disbanded, removed, etc., and not have their charter renewed in 2013. It should be replaced with what the US Constitution requires with regard to all things monetary; that Congress shall print, issue, and back all US currency, not a private company, corporation, institution, or other entity.

As to your opinion on the Public Education System in this country, I also wholeheartedly agree with everything you have said. Seems we have right here in this thread the foundation of the seeds of change necessary to put this nation on firm footing once again. I also have advocated in another thread that has since been either pulled, or pushed to the dungeon of posts, that as we become the New Wealthy, we should dedicate and commit a portion of our wealth to bringing about just such a change as we have been discussing here. Perhaps it is one of the primary reasons we have come to believe in the IQD to begin with, and why so many others consider us fools to do so. There is purpose in all things, and I simply cannot believe that this is only about us being finally able to buy more stuff.

The missing ingredient in all of this is the people; the leadership. Who is willing and able to step up to the plate?

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If all you guys are in agreement about abolishing the Fed's mind-bogglingly unfair system, and seriously want to do something about it, then you should join the Sons of Liberty Academy. Google - Don't tread on me - and it should come up. It's free, very informative, and has a rather simple but effective plan to crush the current banking system.

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If all you guys are in agreement about abolishing the Fed's mind-bogglingly unfair system, and seriously want to do something about it, then you should join the Sons of Liberty Academy. Google - Don't tread on me - and it should come up. It's free, very informative, and has a rather simple but effective plan to crush the current banking system.

Thanks tyron.

I appreciate the contact info, but honestly, what I would rather see done is a completely new and different method that encompasses every facet of what is now wrong with our country and our government. It is not just the banking system; it is a broken and rotting at the core system of how things don't get done anymore due to the various special interests that have learned how to get around every good intention that was ever conceived.

I believe it has to be an effort so new and revolutionary that it would bring out the best and brightest we have here in this country. I believe it would empower and embolden those who have felt disenfranchised for so long that they don't even bother to care anymore.

But, it must be genuine and sincere, and not be connected to any organization now in existence. I have many more thoughts on this, but unless and until there is consensus, it is probably just another waste of time.

I mean no disrespect to your suggestion, but am just too wary of goody-2-shoes groups with partiotic sounding names that have lots of meetings, but never get past filtering their efforts down to an already ineffective party, group, or other organization. Those days are over for me.

Just saying!

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FROM MY UNDERSTANDING THE FEDERAL RESERVE NOTE WAS BACKED BY GOLD, YOU CANT PRINT IF YOU DONT HAVE BACKING, THE SAME THING GOES WITH THIS, WHERE ARE ALL THE TAXES COMING FROM THAT WE PAY AND THERE IS SUPPOSE TO BE NO TAXATION WITHOUT REPRESENTATION. HAS AMERICA TURNED A BLIND EYE TO THIS, TIME TO START TO TAKE OUR COUNTRY BACK......

Sir. Your "understanding used to be correct. Right on. But Nixon signed an Executive Order which eliminated the Gold Standard. Which was also a Silver Standard, by the way. Our Dollar bills used to say, "SILVER CERTIFICATE" on them in big bold letters across the top. But now they say, "FEDERAL RESERVE NOTE." Today's money and what we used to have are in no way the same thing. Our Federal Reserve Notes are NOT issued by the Federal Government, but by the Federal Reserve, which is not a Federal Agency, but a private bank. And the type of currency this bank is putting out is known as "fiat money." And this fiat currency is backed by neither gold nor silver. It is backed by nothing. Here is a link to fill you in on what fiat money is all about.

http://en.wikipedia.org/wiki/Fiat_money

This way our other legitimate debt holders don't get the shaft... I'm all for sticking it to the Fed but I do think it would be important to pay China, Japan, the UK, US households, etc.

RIGHT! It is only the scam to the so called, FEDERAL Reserve, debt that should be dumped. Other legitimate obligations of the United States of America should be paid. No question. Especially to China. China is the largest holder of US Bonds.

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Thanks tyron.

I appreciate the contact info, but honestly, what I would rather see done is a completely new and different method that encompasses every facet of what is now wrong with our country and our government. It is not just the banking system; it is a broken and rotting at the core system of how things don't get done anymore due to the various special interests that have learned how to get around every good intention that was ever conceived.

I believe it has to be an effort so new and revolutionary that it would bring out the best and brightest we have here in this country. I believe it would empower and embolden those who have felt disenfranchised for so long that they don't even bother to care anymore.

But, it must be genuine and sincere, and not be connected to any organization now in existence. I have many more thoughts on this, but unless and until there is consensus, it is probably just another waste of time.

I mean no disrespect to your suggestion, but am just too wary of goody-2-shoes groups with partiotic sounding names that have lots of meetings, but never get past filtering their efforts down to an already ineffective party, group, or other organization. Those days are over for me.

Just saying!

I understand B that you are weary of the corruption that seems so endemic that even what portrays itself to be the alternative, the underdog or the truther movement, has been infiitrated and compromised. But remember this, the only way to fight fire is with fire. Rothschild - give me the right to print a nation's money and I care not who runs it. If you want to change the system you have to start somewhere and the best place is though their control centre. Their unprotected underbelly in the part they defend most strongly. You will have noticed that they recently slapped down the price of gold with a margin hike. But even gold is not the real sore point. Silver is. It is a very small market and highly manipulated. The markets are not real, they are computer programmes that keep the prices artificially low, so that their fiat currencies will not fall on their faces, and yet the metal is becoming more and more rare. Their entire house of cards is dependant on short selling silver to keep the price low and scare away real investors with the idea that it is a dead end metal. What would happen if every American bought an ounce? Please read - The Silver Stealers. The history we have all been taught is an outrageous lie that dispossess us.

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Geez, this is the most informative thread I have ever read here on DV about a subject, the Fed, that is very close to my heart. I believe they are behind just about all our financial problems because we rent Federal reserve notes, for our use, from them and pay interest on the non-existent money it represents that has been created out of thin air. How wrong is that?

Let me go over some points made by others and insert some comments that are JMO:

The IRS was created to repay the Fed for the money they loan the treasury even though that money they loan does not really exist.

I THOUGHT LBJ cancelled JFK's XO11110 on the plane going back to DC from Dallas with JFK's body onboard that plane.

There has to be some debt or there probably be no new job creation, etc.

There may be little, if any, gold at Fort Knox.

Do away with the Fed and congress prints our money. Reserves don't matter. The Fed prints money and has no reserves.

Allow Fed notes and US greenbacks to co-exist for a while (sound familiar?). It's fiat currency.

Don't EVER allow anyone, except congress, to print our money again (as the constitution states).

After we get rid of the Fed, tar and feather all the bigwigs and kick them out of the country.

To TRERUMPH: Fedeal reserve notes were NEVER backed by gold. It's not federal and has never had a reserve. Read "The creature from

Jeckyll Island" or watch this http://www.youtube.c...h?v=a6OQzH07u0U

I know I had a lot more to say, but probably overstayed my welcome and have to go do more rehab on a couple of my apartments. Gotta get them rented. Need the cash to buy commodities (old US silver coin is my choice. Cheaper initially that gold, which just took a nose dive).

I'm following this thread and, like Arnold, "I'll be back". Gotta love this..Oh yeah GO RV.

NO WAY have you overstayed your welcome. IF YOU had been spouting BS you would have been, but, Sir, you were entirely right on the nose.

But there was one thing I would suggest doing a bit different about where you presented the idea of doing a bit of tarring and feathering. No. Too mild a treatment.

More than ten years ago in another forum I posted that if I were ever elected President of the United States of America (not that I ever intend to run--I don't), one of the first things I would do is surround all the Federal Reserve banks with troops and arrest the principles within. Then I'd send them all before a Grand Jury, trying them all for for treason against the United States of America.

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"The IRS was created to repay the Fed for the money they loan the treasury even though that money they loan does not really exist."

Read more: http://dinarvets.com/forums/index.php?/topic/81192-the-blueprint-for-ending-the-federal-reserve/page__st__60#ixzz1W41yB2qV

YES, the IRS is the collection agency for the Federal Reserve. While Congress does write the IRS Code, the IRS is not a branch of the government, but is an organization based in Puerto Rico.

Here is a really long and detailed explanation about that.

http://www.illuminati-news.com/irs.htm

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"Biillio0, I think you may have misunderstood what estewart was saying... I think he is in favor of your idea. I think, and correct me if I'm wrong estewart, that he was trying to say that something like that would be so popular that if it were on T.V. it would be more popular than Trump's show. So, no need to check yourself out of the thread, your input is valuable!"

Read more: http://dinarvets.com/forums/index.php?/topic/81192-the-blueprint-for-ending-the-federal-reserve/page__st__60#ixzz1W455wykR

RIGHT! While we may not watch TV anymore, most people do. And Donald Trump's Reality Shows are the main one's being watch these days. I know that from what I have read. So my idea is to take advantage of this reality. This is WHERE your audience is at. TV is how you reach people. And the making of new inventions which would make this country greater would make for a really great show. MILLIONS would watch. And the show would gather the best young inventors who don't have resources for producing their ideas. NOTE: Since this is my idea, I get a cut!

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"I think, in order to unleash Americans and encourage innovation, as you have suggested billi0, we have to totally revamp./ decrease the influence of the Department of Education... or maybe just kill it all together. And then, as you have suggested, encourage new ideas, new inventions. Unleash the potential of our young minds!"

Read more: http://dinarvets.com/forums/index.php?/topic/81192-the-blueprint-for-ending-the-federal-reserve/page__st__60#ixzz1W481LErX

Our schools, these days, are controled by either the government or organized religions. And in either case the ultimate controllers are the same peeps that control the FED. And their main interest is to remain in control. So all education is designed to facilitate this. ALL OF IT!

Note: for health reasons I was removed from school at the age of eleven by my doctors. This set me completely outside the indoctrination process. I was never brain washed. I am basically self educated. After successful experimental surgeries I suddenly found myself back in school for my Junior and Senior year in High school. Man, I had never learned how to "study" that is, how to memorize lists. So I had to learn how to do that fast. However, I did graduate in the 12th position out of a class of 200. Didn't make the Top Ten! DANG! Never mind, that meant nothing to me. What does matter to me is that without the indoctrination my friends and classmates had gone under I was always "different." I thought differently. I viewed the world differently, too. It wasn't until computers came into existence and Telecommunications, as well, I could gain contract with other people who, some how some way or another, had learned how to think beyond the mind-control system that they were suppose to remain under. How they managed to do that I can't imagine. A mystery to me, as I can see that The SYSTEM is powerful.

The schools of the ancient Greeks were entirely different. Their objective was to teach students how to think and reason for themselves. Modern times schools, on the other hand, ONLY teach their students how to memorize lists. And the students are only tested for their ability to memorize lists. That's all. And this goes all the way up the line of professions. In my life I have known some totally idiotic doctors. Sure, as students they were good at memorizing lists, list of names of stuff. For example: drugs, the bones of the body, and other parts, the effects of drugs, and all sorts of stuff. HOWEVER, I can think of two instances outside this situation. Surgeons and Dentists. These need to squire skills. And if they aren't up to it they don't make the grade.

Now just as TV is designed to keep viewers dumbed down (for example, the highly government controlled news, schools also serve this purpose.

IF there was a respectable large number of young persons who could think outside the box, there would be an up rising in the morning. And the International bankers know this well. So the schools are all like they are to prevent this from happening. Fact of Reality.

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One of the big problems with innovation or small America creating jobs like we used to is the onerous and stifling regulation before one even gets started. I know of several people with excellent ideas for small business and/or inventions (widgets) who cannot get started because regulations, licensing, controls, fees make it impossible. In order for America to innovate, create, fabricate, build, and employ, regulations and taxes MUST be drastically reduced - or better yet, totally revamped. There is no incentive in the US to make anything or grow a business.

Just some simple stats:

Employers pay 50-60% over an employee's salary in taxes, fees, benefits, and other costs. If you earn $50K/year, your employer's costs are well over $75K.

Corporate taxes in the US are the highest in the world at 35%+ (with many, many loopholes courtesy of lobbyists). Corporate America pays $MILLIONS to find and take advantage of these loopholes, some of them very obscure. Yet the people pay through the nose.

In order to encourage development and growth again, we must remove lobbyists, we must remove all forms of payment to our legislators other than simple salaries with benefits equal to the people. Those greasy palms are aiding and abetting the continued disaster of departing jobs.

Remove the Fed, remove lobbyists, remove contributions, remove onerous regulations, remove burdensome taxes, reduce entitlements, reduce imports, remove imbalanced trade agreements.

Sadly, so many in the upper echelons have their hands in cookie jars, they're like leeches and difficult to dislodge. Cut off the money supply to these jokers and things will change.

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One of the big problems with innovation or small America creating jobs like we used to is the onerous and stifling regulation before one even gets started. I know of several people with excellent ideas for small business and/or inventions (widgets) who cannot get started because regulations, licensing, controls, fees make it impossible. In order for America to innovate, create, fabricate, build, and employ, regulations and taxes MUST be drastically reduced - or better yet, totally revamped. There is no incentive in the US to make anything or grow a business.

Just some simple stats:

Employers pay 50-60% over an employee's salary in taxes, fees, benefits, and other costs. If you earn $50K/year, your employer's costs are well over $75K.

Corporate taxes in the US are the highest in the world at 35%+ (with many, many loopholes courtesy of lobbyists). Corporate America pays $MILLIONS to find and take advantage of these loopholes, some of them very obscure. Yet the people pay through the nose.

In order to encourage development and growth again, we must remove lobbyists, we must remove all forms of payment to our legislators other than simple salaries with benefits equal to the people. Those greasy palms are aiding and abetting the continued disaster of departing jobs.

Remove the Fed, remove lobbyists, remove contributions, remove onerous regulations, remove burdensome taxes, reduce entitlements, reduce imports, remove imbalanced trade agreements.

Sadly, so many in the upper echelons have their hands in cookie jars, they're like leeches and difficult to dislodge. Cut off the money supply to these jokers and things will change.

Ah! Good words from another who is definitely outside the box. (How'dju do dat? How did you manage to be where you are, intellectually speaking?)

YES! Everything you have said, Blue, is right on.

Taxes on business has killed business. In a number of other countries there are no taxes on business profits, whatsoever, if the profits are gained from outside the country. For examole, Panama. MANY major corporations (For example, MARS Candies, Chrysler LLC, and a whole bunch of others) have relocated to Panama. And very little if any of their profits is made in Panama, so the tax on their business is either zero or next to it. BUT in the US because of the stifling taxes on small business most start ups fail for this reason while being successful in every other way.

We need to ask ourselves, WHY does this totally adverse situation in the US exist?

As established in other messages, the taxes collected by the IRS go to the FED, not the government. BUT the FED does not need the collected taxes. No way! The FED can print all the new money it likes, and DOES. So why are armed with guns IRS Agents so hot on the trail of "tax payers" who are failing to Pay Their Fair Share? Why does this totally illogical situation exist.

I have an idea what the Federal Income Tax is for, but can't prove it. Am in no position or situation to do that. It would take a President to establish a New Grace Commission to find out the truth about this new idea.

It is my view that the Federal Income Tax only exists to suck wealth out of the economy for the sake of helping to control inflation which automatically occurs as a result of the FED's issuance of fiat currency which has no intrinsic specific value. That's it.

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Hey estewart, BlueOrchid919, tyron, WallyWeaver,

Each of you has contributed immensely to this thread, and all of you have a unique piece of information that collectively causes me to feel relief just to know that I am not alone in my own thinking about such things. And, if we have these views, it is safe to say that there are plenty of others who would join in with additional inputs as well. Being the ultimate optimist that I am, I am convinced that solutions are forthcoming with the proper climate and enough resources to make them happen.

We have addressed our national debt, banking, education, taxes, innvoation and job creation, just to name a few. Neither of us is an expert, nor are we in positions of power (that I know of). Yet, we each have taken the time out of our lives to ponder the problems facing us with an attitude of, "there must be a way to fix it."

I commend you all for sticking it out here, and for us coming together as we patiently await the inevitable revaluation of the Iraqi Dinar.

Meanwhile, please keep up the discourse. It can only get better!

Edited by billio0
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Good words.

I was surprised to note that the high quality (better than Disney) "cartoon," called, The American Dream, which is strongly about the Federal Reserve and the Rothschild has been viewed by over two and half million people. Just think about that!

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