Gulf Oil Slick

[dreadgeek]

Originally Posted by Kam

No, dread, not even close, it's all been planned for years... I'm trying to help you understand what's happening - nothing is as it seems - except that gushing hole of oil/gas, etc., etc., is real... our Government... there is no real Government, it's all a facade, we all work for the Federal Reserve - whether we know it or not - our Government and all corporations are all puppets of the Federal Reserve which the above video explains, Obama gave the Federal Reserve $3T for the stimulus package when he first came in, Congress didn't have any say, one way or another - he pushed it through because they all work for the Federal Reserve - the people that own all the money in the world - hello! They have turned around using that money to finance 'certain missions', they own BP, and this $20B will never get to the people, Obama just handed it back to the Federal Reserve again... Listen to this inside conversation coming from this fellow, he knows what's going on:

Fact 1: The 2009 Stimulus package was $787 Billion not $3 Trillion
Fact 2: The 2009 Stimulus package was passed by both houses of Congress
Fact 3: The President is NOT empowered to spend money. Only Congress can appropriate funds:

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

Fact 4: The Federal Reserve is not empowered to spend money. The Federal Reserve is statutorily limited to the following powers:

1>Conducting the nation's monetary policy by influencing monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates.

2>Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system, and protect the credit rights of consumers.

3>Maintaining stability of the financial system and containing systemic risk that may arise in financial markets.

4>Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

Fact 5: The 2009 Stimulus was passed by Congress on 15 February 2009.

Fact 6: The Federal Reserve do not own "all the money in the world". Each nation--well, each nation with an economy of any size--has its own central banking authority which regulates the currency and internal credit markets. The Federal Reserve is the United States central bank and no other. Now, it is true that the Fed has a disproportionate amount of power on the world stage but that is solely an artifact of the United States Dollar being the 800 lb gorilla of currency because the US is the 800 lb gorilla of economies. The dollar is, for now, the world's reserve currency and so whatever effects the dollar effects the world economy. But that is a very far cry from 'owning all the money in the world'.

I'm sorry for the derail but if I have learned *nothing* in 2 decades on the Internet it is this: if bad information is allowed to persist without full-bodied challenge it will continue to spread and spread. The only way to combat toxic memes is with beneficial memes--facts are one such meme.

Cheers
Aj