Kazeko

Then why can't I purchase Federal Reserve Bank stock? Why is it not listed at all?

Why can I not find a Business listing for them?

Why do their presidents serve 12 year terms that are ELECTED positions, while a real CEO (Chief Executive Officer) is determined by the stockholders of a corporation, or by the largest shareholder?

Is it a partnership, sole proprietorship, S-Corp, Corporation, or Non-Profit, (i.e. Section 501(c)(3) )?

The truth of this matter, is that the Federal Reserve Bank is not a corporate entity, but rather, the presidential positions in each branch (12 total) are typically held by high-end corporate officers from varying other national banks (like Wachovia and such) or corporations.

Further, the "presidency" of each branch is typically held by multiple people rather than a single corporate entity.

The listing of officers/presidents, and their affiliation is publicly available.
FRB: Directors of Federal Reserve Banks and Branches

Why? You ask, with wonder and awe...
Because these corporations control the majority of the money in this country.

And the Value of the Dollar has ZERO to do with the FRB. - The Mint Still Prints the dollars, and the Mint is still part of the U.S. Treasury.

The FRB doesn't have anything to do with our Budget Deficit. It affects interest rates, and savings rates, sure. In fact, Interest rates are lower than they've been in over 40 years. There's a reason no one's saving money - it's not worth it.

Even Japanese Interest Rates dipped below 1% recently. Would you save if you knew it was pointless?


Get to the core of the issue - why is the US government having to take out loans from any bank in the first place? - BUDGET DEFICIT.

Next up - Would you rather the government take loans from Corporate America to cover budget deficit, or would you have them take loans from China and other countries, like we have in the past? Am I safe in assuming he supports taking out loans from other countries?

This is a plug to gain support of people who dislike taxes. It's a front-end issue that people who owe tax debts associate with.

Fact: If the budget isn't paid by income taxes, it'll be paid by a Federal Sales Tax - Increasing the cost of all products and services - This will not change our economy. At the end of the year, you will have spent as much on real services, and you will have paid as much in tax.

-- The budget will be paid, it will come out of your wallet. The only difference is how it gets paid by you.

Furthermore - what happens if you purchase a car on a loan? You pay federal sales tax on the MSRP of a vehicle? So, your new Car is $35k before, and after a federal sales tax your car is $40k. - You're getting a loan to pay for a tax debt, though you won't be mailing a check to the IRS.

Every other presidential candidate promised this too. Next.

Have you ever served in the military?
The left isn't spoken on most military bases. All you hear on Yokosuka Base in Tokyo, is Rush Limbaugh, and other right-wing broadcasts. You will NEVER hear the left. Ever. - Find me any recent day General above 2 stars who is on the Left. (Hint: it doesn't exist, and hasn't for decades.)

Alright, I'll fire a flame for this one, but only a light one...

In 2007, $548.8 billion was allocated to Defense Spending.
$586.1 billion was spent on Social Security.

$1.163 Trillion ($1,163 Billion) was collected in income tax.

$345 billion dollars is outstanding in Uncollected Income Tax from people who did not pay their taxes. This is referred to as the "Tax Gap."

22% of the US budget went uncollected by people who refused to pay their taxes, or refused to properly withhold tax from their paycheck and now owe a tax debt.

Who's creating the problem, the people pushing the war and defense spending, or the portion of the American Public who isn't paying their dues?