Edwin Vieira, Jr. on the Fed's Transfer of Wealth

[bearhamo]

When you understand the fraud that is the Fed,and how you are made a slave to it, then you read Confessions of an Economic Hit Man, damn, I think I will invest in Jack Daniels. We are going to see strong market in drinking.

Depressing really.

[breeannaqktjbl]

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[Mineav]

They loan out 10 times what they have in reserve, in the least. Sometimes it's more. The current banking system is one big scam, issued by private banks, not governments. Don't believe me? Check it. And to think most people (logically) think the government issues currency. Oh no--it's a fixed system to make a very few incredibly wealthy at the expense of everyone else.

[bonfirejovi]

How does FRB influence price inflation considering it obviously leads to an expansion in the total money supply? Also is it true that Milton Friedman was against FRB? I don't see why it is necessary tbh, there are investors other than banks.

[dskillz1]

Read "The Creature From Jekyll Island"

[SenseOfOrigin]

Wait, my text book says inflation is a rise in the general level of prices in an economy.

Why does the definition of inflation differ?

[bonfirejovi]

@SenseOfOrigin Inflation can mean an expansion in the money supply (its original meaning) or it can mean an increase in asset/ consumer prices.

[gumpydoood]

jefferson, as President, never missed church service. But he felt the teachings of Jesus were the greatest philosophy for getting along ever devised: he said so. but he thought the miracles were a bunch of happy horseshit and deleted them from hs "Jefferson Bible". Look it up. It was once published by the government printing office and used to be given to all new members of Congress, a practice which has recently been revived.

The Treaty of Tripoli staes that this is not a Christian nation.

[Chuichupachichi]

@gumpydoood

{The Treaty of Tripoli staes that this is not a Christian nation}

The Muslims that were pirating American ships, were doing it specifically because in their eyes, as it was in all the world's eyes, America is "the" Christian nation. Even more so than Europe had been. Think about it... the people from which America was born, were so Christian that even Christian Europe wasn't good enough for them..."pilgrim"!

Americas reputation as the Christian nation was such, that even though

[gumpydoood]

The people of early America were only partly Christian. Many were just opportunists and quite a few were of the lower or criminal classes. America is were England dumped their criminals. America went through the "great awakening", a revival movement in the years prior to the Independance movement (I forget the dates) but by the time of Independance, there was a new found attraction to the science & free thought that was being persecuted in Europe.

[Chuichupachichi]

today, there are few places in the world as bad as we've become (in general) still, think of the evolution issue, the world still sees America as the Christian country. The 19th century missionaries made a huge impact throughout the world

Congress just wanted the Tripoli thing over with. "yea yea, tell them we're not a Christian nation" was the attitude. It explains why they didn't even read it after it got revised. Since in Muslim minds nations religions r reason for fighting is why no Cristin

[gumpydoood]

TOTAL BULLSHIT. The treaty of Tripoli passed UNANIMOUSLY. It wasn't that they wanted it "over with". . .they were making statement. an important point. It was part & parcel of the entire movement of history beginning with the arrest & death of the Knights Templars & the push for reason & scientific thought.

[gumpydoood]

This jackass, Vierra, recently wrote an article about "we the people" and whining the usual right wingnut talking points.

Let's get this clear, Vierra. We ARE the people. "E Pluribus Unim". Out of many, one. Your side lost. Go brew yourself a big cup of SOUR GRAPE TEA and shut the hell up while the adults try to repair what Georgieboy Bush fucked up (everything!) in the last eight years.

[jpschubbs]

I think you may have misunderstood what Vieira was saying. He's about as anti-mainstream as you can get. He's done a lot of work on trying to get the militia re-instituted to gives the States the power to flip the finger at the Feds.

I don't know that anyone gets the "We the People" concept better than Edwin Vieira. He has quite a few articles on New with Views.

[jpschubbs]

...also, Vieira was and is profoundly anti-Bush. You should read some of his articles before you make another comment.

[jlw5015]

@gumpydoood

This issue transcends democrat or republican interests. The FED has been doing things this way for decades. No one has stopped it because the people who benefit from it are the people that keep it alive. Don't let the us vs. them mentality cloud your vision on this issue.

[Chuichupachichi]

@gumpydoood

Hey Jackass... have you never looked at your Deludocrat mascot... Jackass? I'm going to explain to you why you're appropriately a Jackass. Now you're not going to like this, being that a Democrap never does like the reality. So hold on to your Jacked ass

Marxism is inherently & inescapably authoritarian. Last elections, you knew that you voted for Marxism

The US Constitution's sole purpose is to disallow authoritarianism. Thus, it & Marxism are diametrically opposed to each other

[gumpydoood]

I am not a democrat.

"I never submitted the whole system of my opinions to the creed of any party of men whatever, in religion, in philosophy, in politics, or in anything else, where I was capable of thinking for myself. If I could not go to heaven but with a party, I would not go there at all." - "Thomas Jefferson to Francis Hopkinson, 1789."

[Chuichupachichi]

The only possible line of argument you could be making with that Jefferson quote (which I must determine since you say nothing of what is the purpose of your post) is that somehow the quote proves that The Constitution's purpose is not to disallow authoritarianism

See where defiance of reality & reason get you!

To the realm of ridiculous

[Chuichupachichi]

If you know what you're reading you'll realize that what Jefferson was saying is that he was indeed religious. Otherwise why would he have grouped religion together with philosophy & politics in saying that he's done the same thing regarding all of them. Nobody denies that he was philosophical & political

In regards to religion... he never put all his eggs in only 1 groups basket. (although they were mostly all Protestants with a few Catholics) The reason why the founders argued so much was not

[Chuichupachichi]

because of Christians vs non Christians. It was because they were an eclectic group of Christians. Along with nearly non existent, very few others. They were from a large variety of denominations & that is what was mostly the source of their arguing. Their political views arisen from their religious ones. But in the end, they managed to stabilize the matter upon the common ground that is the "fundamentals" of Christianity itself

Aren't "fundamentalists" just great? They caused America

[gumpydoood]

The founders, mostly, were DEISTS! I reapeat. . .the founders, at least the important ones, Jefferson, Madison, Thomas Paine, Franklin and Washington, were DEISTS. Much has been made of Washingtons church going, but that was early on, not later in his life. When he and the others mention God, they are speaking of a DEIST God.

Don't take my word for it. Look it up youself. But look for reputable websites because some of the quotes attributed to them are not anywhere in their writings.

[Chuichupachichi]

@gumpydoood

{Look it up youself. But look for reputable websites}

ok, I looked it up! Despite the fact that what you mean by a "reputable website", is one that is not Christian. Which in itself indicates that not only are you not credible but neither are your sources. They're the reason why you're not credible

You're like evolutionists. Despite the fact that their fraudulence wrap sheet continues to grow in a consistent manner, still, its Creationists that one must not believe... lest one be

[Chuichupachichi]

a fool??? But I know the predetermining haters of their own Maker, all too well. There's nothing too ridiculous for them to believe, as long as its consistent with their predeterminations

For example, "DEISTS"! Get honest with yourself just long enough to realize that DEISTS has been taught to you by the revisionist Loserferians because in the end...DEIST is equal to ATHEIST, in "PRACTICE". Think about it

What do you think, when considering the US founders,

[Chuichupachichi]

is the Library of Congress reputable enough for you? But don't take my word for it, look it up yourself. You're going to have to find a way to quickly disable your long time habit of predetermining. Its worse than gambling,, alcoholism, or any other vice. Its the one by which all truth is denied & people get murdered for it...they always have!

Your perception of the matter is greatly distorted

Library of Congress - type Bible Congress in their search engine

[gumpydoood]

"Fundamentalists" did not "cause America. The foundation of America is complex and was driven by many forces. One of the cheif causes of our religious freedom stems from the arrest and persectution (death) of the Knights Templars, who then went undergraound & became the Masons. It is from Masonic principles that the founders emphasized a deist god and democracy through the vote. . .also freedom of speech.

Many of the founders were contemptuous of Christianity, especially Jefferson & Tom Paine

[Chuichupachichi]

@gumpydoood

{Fundamentalists" did not "cause America}

You can wish to believe that they were theology snobs who simply loved to sound religiously deep & complex. But I can assure you, they maintained the "basics" of their faith fresh in their minds. Their words reflect that fact

"All men were created equal".. hey, what do you know? "In the beginning...". How much more Fundy do you want it to get?

I like it when the topic becomes the 2 or 3 founders for whom atheists have a special affinity

[gumpydoood]

Yes, they stated that "all men are created equal" (even though they really didn't mean it). But a reference to God in the Constitution, originally in the first drafts, was INTENTIONALLY left out because they wished to establish the first purely secular government in the world. . .a beacon of the ideals of the enlightenment.

They thought that education and wisdom would elevate the common man & make America an 'earthly paradise" (Jeffersons words).

[Chuichupachichi]

Atheists, feeling a timeless connection to them from their "secular mentality". I do indeed enjoy discussing those who were definitely the least religious of the bunch. For Jefferson was the one who wrote "created equal" & "endowed by their creator". See, Jefferson clearly hated religion because "religion" is what men often make of God. The colonists were a smorgasbord of denominations & its why they argued so much. Jefferson hated it because he was non denominational. Its why when in the middle

[Chuichupachichi]

of all the different kinds of Christians, someone asked him where does he fit in to the mix? He replied "I'm a Christian in the sense that Jesus Christ is my God". Pure and simple... that's a non denominational for you.

Franklin, the Deist, ironically reminded the rest that they all need to pray again because when they did before... God "answered" their prayers. Some Deist?

Paine, the "reason" guy... said the error that schools are making is denying God in science because its making Atheists

[gumpydoood]

Your Jefferson quote is incoorect.

As for Franklin. . .what exactly do you think "deist" means?

I have never heard that of Paine, also a deist. I doubt it is true.

[Chuichupachichi]

The thing is this, there did indeed exist the occasional oddball non Christian in 18th century America??? Think about it... today, many liberal atheists still refer to times as recent as the 1950's as the times of the "prudes". But back in 177?, society was such that having been born into it and raised in it meant that their total heathens, would make most Christians today look like rebellious hippies

[Chuichupachichi]

Its like Amadeus. Sounds like great grandma's music right? If you're going to learn it.. "sit up straight", "stick your chest out", "put your foot like this", "put your pinky like that". But in his time he was the equivalent of a Heavy Metal Headbanger... you can slouch all hunched over with your pinky anywhere you want it & its even better that way

[Chuichupachichi]

One who chooses Marxism, is a Marxist. Yes, for a Marxist, chooses Marxism. Thus, as a Marxist you are, by default, diametrically opposed to the US Constitution

"We the People" is purely a Constitutional construct. I got news for you Jackbutt... you're not counted amongst "we the people"

But I'll be nice... you'll still be counted... as an enemy of "we the people" & the US Constitution

Commie bastard

[gumpydoood]

Was Jefferson a "marxist"?

"Another means of silently lessening the inequality of property is

to exempt all from taxation below a certain point, and to tax the

higher portions of property in geometrical progression as they

rise." --Thomas Jefferson to James Madison, 1785.

[Chuichupachichi]

@gumpydoood

{Was Jefferson a "marxist"? - "is

to exempt all from taxation"}

Why would anyone ask such a question? Since when is tax exemption a Marxist thing?

His mention of "inequality of property" does not equate to having a policy of disallowing ownership of property. If you wish to contest that then the fact that ownership has never been disallowed in America would be a bit of a problem for you. Also, taxation in itself, is not uniquely Marxist. Specifically, highway robbery is Marxist

[gumpydoood]

I never said Jefferson was a marxist. My sole purpose in posting his quote was to show he was not opposed to the type of taxation that some today call "socialism". Clearly, he thought the wealthy should pay the entire cost of governance, because they could afford to pay. Nothing has changed in that respect except that the powerful control the media message and now it is called "class warfare".

The upper 1% own over 50% of the assets in this country. That's class warfare.

[gumpydoood]

"If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be." Thomas Jefferson

You need not remain ignorant: it's YOUR CHOICE.

[joepeeler34]

My guess is that most (all?) of you don't mind high interest rates paid to you from CD'S or a regular savings account. Interest rates have to be high if there are little or no savings. Where do you think the credit comes from anyway? There is nothing wrong with interest so long as it is driven by free market forces and not set by a central bank. Why would someone loan(without interest) a perfect stranger money when there is no guarantee of payment? If you don't like interest, don't borrow

[joepeeler34]

Some of you seem to be confused about the nature of credit and interest. Real credit can only come out of real savings. Real credit can be replaced by the Federal Reserve's printing press for a time, but the result of that is a credit bubble that will burst. The real savings(i.e. saved goods and services in the economy) aren't there to justify all the new projects started because of the artificially low interest rate.

[joepeeler34]

Fractional reserve banking is inherently fraudulent and is the source of bank runs and general banking instability. The Fed "cured" this risk of mass bank runs by cartelizing the banking system. Sure, no more mass bank runs, but at the costs of dollar destruction, credit bubbles, and outright fraud! The man is right, "The people don't understand."......sadly.

[WetheSheepleUSA]

Dr. Vieira is one of the smartest Constitutional and Banking scholars in this country. He is a true patriot!! God bless him!!

[goodsz24]

the guy is a genius

[williamwagener]

Bible says, "neither a lender nor a borrow be" and also... do not demand "interest" on a loan

[offthahook08]

lets see all the distractions since the transfer of wealth: Madoff made off, flight 1549 hudson river, israeli and hamas conflict, Mumbai attack, the Obamination, Govenor of illinois scandal etc. Now we are here they've been able to distract their way into the crisis they really wanted to destroy amerrikkaa. Get ready folks its coming fast. I Guess you can say their aint no white knights huh?

[rocksiphone]

This is a really good video called:

Why Wont The Bail Out Work? MUST SEE!

Spread it around to others

[ferechi]

Please take a look at the cutout of the Zeitgeist Addendum film on my You Tube site (ferechi).

[rafaelbrom]

When emigrated to USA from Europe in 1979 people asked me always why Germans were so stupid getting so excited about Adolf Hitler and his Fascist Socialist party. I did not have good answer on that question in that time. But I have good answer now when I see Obama's fanatical fans making the same mistake good German people did before WWII. God have Mercy on us!

[tekphase]

@rafaelbrom And what is your answer? You still haven't offered one...

[rocksiphone]

I just looked at the Dow futures on 10-04-08 and it's down -193. What does this mean? Will Monday be real bad? I am real stupid with stocks

[rocksiphone]

Great Video

[hurchel]

There are some people who haved studied this problem for over 49 years who claim we should use their language the fed reserve, and produce one coin, worth the national debt hand it to them and walk away.

I went to a private school for business finance and credit in 1983, I was taught that sears was a founder of the credit system in that it marketed its more expensive items like stoves, etc more readily. It allowed people to purchase what they could not afford..

Credit is a privledge.

[fulltimehumanOG]

Sears huh...that a good one. Also Tommy Hilfiger 'invented'

cargo pants, I saw his daughter appear on a reality tv show and she said it so it must be true.

[hurchel]

Well birchers taught me the first part, and if I am wrong about sears blame it on chavez and associates institute

[fulltimehumanOG]

Check out mastercard. They have a good thing issuing credit and charging us for it just like the fed. Blessings on our journey. The tommy Hilfiger comment was true but a joke. I think its been going on far longer than sears.

[hurchel]

I am sure credit has been around for centuries, isn't that how banks got started saying let us hold your heavy gold and we will give you a credit note redeemable to the bearer?

But for the US, and consumer credit en masse they were a major influence on the idea of having then paying in incruments, with interest of course..

I thought levi strauss made the original cargo pants, go figure.. bless you back

[fulltimehumanOG]

Wurd up. We need to start accessing the treasury directly and stop with this federal reserve nonsense. I'll wear thru my toughskins and buy them with my mastercard IF they acknowledge that I issued the credit not the other way around. What asset can a 'fictitious entity' claim that would allow them to issue 'credit' is the crux. Its US! Soylent credit is PEOPLE

[hmfmi]

Freedom to Fascism was a great movie, must see....

[hmfmi]

I'm actually not sure if this is from that movie but this man is in the movie speaking on the same subject and principals