# What's the story with the Federal Reserve? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [September 26, 2008, 10:44pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568 "2008-09-26T22:44:12Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [September 26, 2008, 10:44pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/1 "2008-09-26T22:44:12Z")
With the recent news about all of the financial problems, this has been a topic of discussion for a lot of people. I stumble upon this video… [http://www.youtube.com/watch?v=gpJJMFQgzC8](http://www.youtube.com/watch?v=gpJJMFQgzC8) Discuss. ---
**Author:** ![97\_B18b1](https://avatars.discourse-cdn.com/v4/letter/9/cdc98d/32.png) [@97\_B18b1](https://forums.speedlife.net/u/97_B18b1)\ **Post date:** [September 26, 2008, 10:46pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/2 "2008-09-26T22:46:43Z")
holy crap you just opened pandoras box for all the idiots on here who listen to what the news tells them. Im not going to explain how our monetary system works kuz im too lazy but to sum it up in one sentencs, it benefits the very few who own, yes thats right OWN it. the federal reserve is a private bank that is in no way regulated or controlled by the US government. edit—\>By the way, thats my favorite presidential speech ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [September 26, 2008, 10:53pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/3 "2008-09-26T22:53:54Z")
:picard: seriously…why do people use banks? ive hated them from the start. do my own investing and keep my stock pile of money in secure safes which i am considering buying golds and keeping it in assets that typically wont lose value versus cash which might be worth nothing each day. ---
**Author:** ![Carnut](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carnut/32/7590_2.png) [@Carnut](https://forums.speedlife.net/u/Carnut)\ **Post date:** [September 26, 2008, 11:47pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/4 "2008-09-26T23:47:26Z")
oh but wait, isn’t anyone who thinks like this a conspiracy theorist…:picard: Good find Mike. Nothing like a Kansas City Shuffle. ---
**Author:** ![97\_B18b1](https://avatars.discourse-cdn.com/v4/letter/9/cdc98d/32.png) [@97\_B18b1](https://forums.speedlife.net/u/97_B18b1)\ **Post date:** [September 27, 2008, 12:18am UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/5 "2008-09-27T00:18:31Z")
its funny when im called a conspiracy theorist, when what im talking about can be looked up in fedral court records ---
**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\ **Post date:** [September 27, 2008, 5:24am UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/6 "2008-09-27T05:24:50Z")
And the only people who have posted so far are the ones who already knew this. I dont think the idiots learn… ---
**Author:** ![evilsrt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/evilsrt/32/7470_2.png) [@evilsrt](https://forums.speedlife.net/u/evilsrt)\ **Post date:** [September 27, 2008, 6:04am UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/7 "2008-09-27T06:04:10Z")
That is closely related to this video I came across one day. This video that I am posting explains a little bit more though. The movie is divided up in to three parts. First is religion which I think is the most interesting part of the movie, second is 9-11, third is the banking system. Very interesting video, it is 2 hours though. [http://zeitgeistmovie.com/](http://zeitgeistmovie.com/) ---
**Author:** ![BooSting](https://avatars.discourse-cdn.com/v4/letter/b/b19c9b/32.png) [@BooSting](https://forums.speedlife.net/u/BooSting)\ **Post date:** [September 27, 2008, 6:18am UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/8 "2008-09-27T06:18:07Z")
> [@evilsrt](#): > > [http://zeitgeistmovie.com/](http://zeitgeistmovie.com/) Courtesy of Canada, although not necessarily factual either: > [@You knew it was coming v. Mortgage fallout.](https://forums.speedlife.net/t/you-knew-it-was-coming-v-mortgage-fallout/45931/45): > > [http://gauntlet.ucalgary.ca/story/12284](http://gauntlet.ucalgary.ca/story/12284) and, before people start with the tax argument: > [@Along hte lines of loose change....Zeitgeist](https://forums.speedlife.net/t/along-hte-lines-of-loose-change-zeitgeist/32964/6): > > [http://caselaw.lp.findlaw.com/data/constitution/amendment16/](http://caselaw.lp.findlaw.com/data/constitution/amendment16/) > > sounds pretty inflexible to me. > [@Along hte lines of loose change....Zeitgeist](https://forums.speedlife.net/t/along-hte-lines-of-loose-change-zeitgeist/32964/10): > > the wordyour looking for is “ratified” and NY is 31 on the list > > wikipedia is your friend … keeps you from looking stupid > > According to the United States Government Printing Office, the following states ratified the amendment:[8] > > 1. Alabama (August 10, 1909) > 2. Kentucky (February 8, 1910) > 3. South Carolina (February 19, 1910) > 4. Illinois (March 1, 1910) > 5. Mississippi (March 7, 1910) > 6. Oklahoma (March 10, 1910) > 7. Maryland (April 8, 1910) > 8. Georgia (August 3, 1910) > 9. Texas (August 16, 1910) > 10. Ohio (January 19, 1911) > 11. Idaho (January 20, 1911) > 12. Oregon (January 23, 1911) > 13. Washington (January 26, 1911) > 14. Montana (January 27, 1911) > 15. Indiana (January 30, 1911) > 16. California (January 31, 1911) > 17. Nevada (January 31, 1911) > 18. South Dakota (February 1, 1911) > 19. Nebraska (February 9, 1911) > 20. North Carolina (February 11, 1911) > 21. Colorado (February 15, 1911) > 22. North Dakota (February 17, 1911) > 23. Michigan (February 23, 1911) > 24. Iowa (February 24, 1911) > 25. Kansas (March 2, 1911) > 26. Missouri (March 16, 1911) > 27. Maine (March 31, 1911) > 28. Tennessee (April 7, 1911) > 29. Arkansas (April 22, 1911, after having previously rejected the amendment) > 30. Wisconsin (May 16, 1911) > 31. New York (July 12, 1911) > 32. Arizona (April 3, 1912) > 33. Minnesota (June 11, 1912) > 34. Louisiana (June 28, 1912) > 35. West Virginia (January 31, 1913) > 36. New Mexico (February 3, 1913) > > Ratification (by the requisite thirty-six states) was completed on February 3, 1913 with the ratification by New Mexico (but see Delaware and Wyoming below). The amendment was subsequently ratified by the following states, bringing the total number of ratifying states to forty-two: > 37. Delaware (February 3, 1913) > 38. Wyoming (February 3, 1913) > 39. New Jersey (February 4, 1913) > 40. Vermont (February 19, 1913) > 41. Massachusetts (March 4, 1913) > 42. New Hampshire (March 7, 1913, after rejecting the amendment on March 2, 1911) > > The following states rejected the amendment without ever subsequently ratifying it: > > 1. Connecticut > 2. Florida, which rejected the amendment after it had already been ratified by three-fourths of the states > 3. Rhode Island > 4. Utah ---
**Author:** ![97\_B18b1](https://avatars.discourse-cdn.com/v4/letter/9/cdc98d/32.png) [@97\_B18b1](https://forums.speedlife.net/u/97_B18b1)\ **Post date:** [September 27, 2008, 12:22pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/9 "2008-09-27T12:22:06Z")
> [@evilsrt](#): > > That is closely related to this video I came across one day. This video that I am posting explains a little bit more though. The movie is divided up in to three parts. First is religion which I think is the most interesting part of the movie, second is 9-11, third is the banking system. Very interesting video, it is 2 hours though. > > [http://zeitgeistmovie.com/](http://zeitgeistmovie.com/) part 1 has been debunked by theological researchers everywhere. the main source used for that part of the movie is a book called the “christ conspiracy” and that book has been riduculed for being very incorrect and making false claims. ---
**Author:** ![Bassdegrime](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bassdegrime/32/5027_2.png) [@Bassdegrime](https://forums.speedlife.net/u/Bassdegrime)\ **Post date:** [September 27, 2008, 2:17pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/10 "2008-09-27T14:17:14Z")
the story is we are fucked once they are done switching everyone’s hard currency into paper that comes with debt attached to it. and they have no ties to the federal government. ---
**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\ **Post date:** [September 27, 2008, 8:22pm UTC](https://forums.speedlife.net/t/whats-the-story-with-the-federal-reserve/55568/11 "2008-09-27T20:22:27Z")
viva la revolution!!