Post facts with references. A couple of youtube videos have about as much credibility as my feces. Until then, I will not listen to your pompous blabber.
haha....ok.....my pompous blabber. youtube or not, it is correct history. You are correct...you are wading in your own feces.
Ya your pompous PHD has a lot of credibility....most of his references are opinions of others....wow he is enlightened. Then he uses the opinion of the Supreme Court to say the Federal Reserve Act wasn't unconstitutional. I didn't know the Supreme court could ratify or amend the Constitution....wow when did that happen?
Oh wait....what is this
: Article 1, section 8, of the Constitution reads:
The Congress shall have the Power.....To coin Money, regulate the Value thereof,....
Nowhere in that document does it give Congress the authority to delegate this responsibility to anyone, much less a bunch of private bankers.
Wow and your PHD and some libbies on the Supreme Court say the creation of the Fed wasn't unconstitutional. I better be a little baah baah sheep too and just accept it.
You want to address why so much of the stimulus money went overseas to international banks? Come on! I know you can do it. Maybe Glenn Beck could explain that one to ya.
Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning". Wow was Henry talking to you thomps?
Congress likes the Fed because they can spend all they want with no restraints, they just put our children, grandchildren and great-grandchildren into debt.
John F. Kennedy had the foresight to see what a bad deal had been struck in the creation of the Federal Reserve. He also had the courage to do something about it.....On June 4, 1963, President Kennedy signed a Presidential decree, Executive Order 11110. This order virtually stripped the Federal Reserve Bank of its power to loan money to the United States Government at interest. President Kennedy declared the privately owned Federal Reserve Bank would soon be out of business. This order gave the Treasury Department the authority to issue silver certificates against any silver in the treasury. This executive order still stands today.
This act:
-Establishes the Federal Reserve System, commonly known as the Fed, as the central bank—the nation’s third central bank. The bank has a 20-year charter.(The McFadden Act of 1927 gives the FRB permanence.)
-Gives the Fed authority to regulate and supervise state-member banks.
-Allows state-member banks and national banks to borrow money from FRB when they are experiencing liquidity problems
-Allows national banks to open branches overseas
-Moderately expands national banking powers by permitting real estate loans, time and savings deposits, trust services, and foreign branches.
Wow all the power? Why all the foreigh power?
Oh gee your board of directors...there are nine right. 3 are appointed by shareholding banks! Oh wow! 3 are appointed to represent the public...but I'm sure these "appointees" always do just that! LMAO! Oh and we have 3 out of the nine that are actually elected to represent the people....and are they elected by the people! haha NOOOOOOOOOOOOOO What a joke!
Board of Directors
The nine member board of directors of each district is made up of 3 classes, designated as classes A, B, and C. The directors serve a term of 3 years. The makeup of the boards of directors is outlined in U.S. Code, Title 12, Chapter 3, Subchapter 7:
Class A
three members
chosen by and representative of the stockholding banks. member banks are divided into 3 groups based on size—large, medium, and small banks. Each group elects one member of Class A.
Class B
three members
No director of class B shall be an officer, director, or employee of any bank
represent the public with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor, and consumers.
member banks are divided into 3 groups based on size—large, medium, and small banks. Each group elects one member of Class B. Oh wow each group elects one member of Class B, how convenient.
Class C
three members
No director of class C shall be an officer, director, employee, or stockholder of any bank
designated by the Board of Governors of the Federal Reserve System. They shall be elected to represent the public, and with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor, and consumers.
Shall have been for at least two years residents of the district for which they are appointed, one of whom shall be designated by said board as chairman of the board of directors of the Federal reserve bank and as Federal reserve agent.
A list of all of the members of the Reserve Banks' boards of directors is published by the Federal Reserve.
Reserve Bank boards of directors are divided into three classes of three persons each. Class A directors represent the member commercial banks in the District, and most are bankers. Class B and class C directors are selected to represent the public, with due consideration to the interests of agriculture, commerce, industry, services, labor, and consumers.
Class A and class B directors are elected by member banks in the District, while class C directors are appointed by the System's Board of Governors in Washington. All head office directors serve three-year terms. Two directors of each Bank are designated by the Board of Governors as chairman and deputy chairman of their nine-member board for one-year terms.
Class A are usually bankers! Class B are usually stockholders of a particular bank!!!! Class C are wow....elected by the System Board of Governors (isn't this your argument thomps, that the System Board of Governors controls the fed)....trustworthy to represent us! Six of the nine members on the Board of Directors surely have private banking interests! The remaining 3? Who knows what the hell they do...nah they don't sucumb to lobbyist, special interests, or the very powerful banks. BAAAAAAAAAAAAAAAAAAH!
I guess all this board of directors stuff blows your idiot PHD's first claim right out the freaking window eh!? hmmmm do I think he is credible after that! haha PUPPET!!!!!!!!!! Note to thomps...because someone claims something is a fact...it isn't necessarily a fact. 
Ya no foreign interests at all. hahahaha......
The primary dealers form a worldwide network that distributes new U.S. government debt. For example, Daiwa Securities and Mizuho Securities distribute the debt to Japanese buyers. BNP Paribas, Barclays, Deutsche Bank, and RBS Greenwich Capital (a division of the Royal Bank of Scotland) distribute the debt to European buyers. Goldman Sachs, and Citigroup account for many American buyers. Nevertheless, most of these firms compete internationally and in all major financial centers.
Current list of primary dealers
As of February 11, 2009 according to the Federal Reserve Bank of New York the list includes:
BNP Paribas Securities Corp.
Bank of America Securities LLC
Barclays Capital Inc.
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Daiwa Securities America Inc.
Deutsche Bank Securities Inc.
Dresdner Kleinwort Securities LLC.
Goldman, Sachs & Co.
Greenwich Capital Markets Inc.
HSBC Securities (USA) Inc.
J. P. Morgan Securities Inc.
Mizuho Securities USA Inc.
Morgan Stanley & Co. Incorporated
UBS Securities LLC.
