Real Texas Freedom

Sunday, September 02, 2007

Get in shape!!!!!

Get in shape
----- Original Message -----
From: Doug Jenson
To: sam nettles
Sent: Sunday, September 02, 2007 12:34 AM
Subject: Re: USA Today Columnist Krantz on the Federal Reserve
we are many... they are few... we have good air down here... the air is thin up there... if the top is too heavy it always falls... when it does... we will forgive them all... but could I please just take a few of them out back of my place and settle it man to man... where I come from... we don't like people who sell out their ownsam nettles wrote:

In short, return to a 90% bracket for the extremely wealthy and deposit printed money in the Federal Reserve and use it, instead of giving it to private banks and borrowing and taxing to cover what belonged to the American people to begin with.

Sam Nettles -
Real Texas Freedom -
RTF Blog -
----- Original Message -----
From: sam nettles
To: Jack Ritchie
Sent: Friday, August 31, 2007 7:03 AM
Subject: Re: USA Today Columnist Krantz on the Federal Reserve
Don't forget, there wouldn't be as many taxes and as much debt if the printed money, calculated to handle the production, was deposited instead of being given to the private banks. They can still make money off deposits, just like they make a lot of money when the money is free The system was created to allow big private banks to control the economy. The Federal Reserve is not a national bank. It is a collection of the largest private banks in the nation. The Congress does what the Fed tells them to do.

Seems "Big Government" is a little small on basic responsibilities these days, ie: nature, war, engineering, roads, education, bridges, law enforcement, immigration, general welfare promotion and everything else it's supposed to do.

----- Original Message -----
From: Jack Ritchie
To: sam nettles
Sent: Friday, August 31, 2007 6:02 AM
Subject: Re: USA Today Columnist Krantz on the Federal Reserve

This lady is off her rocker....thinks she knows something about economics. The Federal Reserve was the first and most powerful regulatory agency Congress/A Past President ever set up. It is what made big government possible. It loans to government and other smaller banks, and at a call from Congress will even print money to give to Congress. In a sense it is like the super banks of Europe, but they avoided calling it a bank because at the time it was created (and secretly I might add), because there was a lot of opposition in this country to the concept of a national bank.

Its primary purpose is to give money to government and maintain adequate control over the money supply to keep the country from economic collapse (depression). In reference to credit you are correct, credit is not is made off the borrower. Generally a way of looking at it is that for every dollar a person borrows, he pays back three. So in a case of a person being heavily in debt, most of that persons money goes to banks/financial institutions
toward repaying loans/debts. Of course one might think that saving would beat the system, but not so, taxes and inflation would still be greater than the gain(s) but at least you'd outright own what you own (except for land, you only lease that ....taxes are lease payments, default and you loose it).

Its all very complex and uses a lot of financial mechanisms such as the discount rate, etc. but in short the above is what is involved.

Houston, Tx
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