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The Federal Reserve Act (enacted December 23, 1913 signed into law by president Woodrow Wilson) was purportedly designed to aid in:
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.
The Origins of Fractional Reserve Banking
In XVIth century England people who had gold would deposit it with goldsmiths for safekeeping. In exchange they got a signed receipt guaranteeing that they could retrieve it. The value assigned to that note backed by the gold in the goldsmith’s vault made it possible to use it for payment.
That means if A deposited £10 worth of gold and had in his possession a receipt he could settle his debt with it. That receipt, actually a promissory note, became money. The person who took it in payment could either use it as is, or at some later point retrieve the gold in the goldsmith’s keeping.
At the same time B borrows £10 worth of gold from the goldsmith but receives a promissory note. He settles his debt to C with that note. Now there are two notes in circulation for one amount of gold. The goldsmith issues further notes, knowing that all claims would not have to be honored at the same time.
ALI: NATION with your host Q. ALI - right here on the baadest radio network on the planet, High Frequency Radio Network.
Tune in every Monday thru Thursday @ 3 PM PST/6PM EST
NCLEO is an acronym for the National Coalition of Law Enforcement Officers. This organization is a group of current and former law enforcement officers turn whistleblowers. They reported abuses they observed in their police departments and have since gone public with the information. Recently the members of NCLEO went to Washington to speak to congress about police brutality. Tonight Alex M. Salazar and Sgt Cheryl Dorsey two members of NCLEO will be our guests, they will tell us about their experiences as police officers and why they decided to become a whistleblowers.
We Are going to disscus what is really going on with ALL this police Violence in America
Why is it that it just seems to be getting worse everyday there are horror stories and videos all over the internet. An of course some good music to go along with the topic.we need to figure out how to change the mindstate of the POLICESTATE... Body cams dont mean anything either...smdh
A customer told me today that it's my fault that more and more stories of police brutality are being reported everyday, he says I nit pick and that Libertarians and myself are to blame for the bad rap police are getting these days. Why report every little story he says? Police are just doing their job. I find this statement very interesting so I'm posing it to you. Is it the Libertarians fault is it the right wing's fault? Can we stop reporting every little incident and maybe focus on the positive?
Also we will be talking election fraud in Sudbury and federal election news, I will be travelling to Ottawa Sunday March 1st so we will give an update on where and where I will be.
And the fun part of the show, HOT SAUCE talk, today I got my shipment of Infusion hot sauce, can't wait to share it with you.
Call in or post on the chat board or email, get involved and get with Liberty!!!
I have been a Public Affairs Officer in the Navy and the Army for almost 17 years, two deployments, three continents, an aircraft carrier and a hospital ship, two Pentagon tours, detainee ops and last but certainly not least -- small unit management in the Army Reserve. It has been quite a journey! I remember most fondly the relationships with coworkers who became friends and the humanitarian assistance missions: Hurricane Katrina in 2005 and the aftermath of the Pakistan earthquake in 2006.
Join our guest Cincinnati City Councilwoman and Municipal Representative of the Police-Community Task Force Amy Murray, host Robert Jetter, Jr., panelists Activist Cindy Todd, Constitutional scholar Kelly Mordecai, and Dan Gray former columnist of the Washington Times. Call in and you stay on the show. You can Join our Round Table Discussion. Share the Link to the Live Show and Podcast.
Bards Logic Welcomes Cincinnati City Councilwoman and Municipal Representative of the Police-Community Task Force Amy Murray. We will disuss her role and spreading these ideas across America.
After the events across America including Florida, Missouri, and Ohio, police-community relations are almost stretched to its limits. Ohio Governor John Kasich , possible GOP 2016 Presidential Candidate, calls for a Task Force to address the widening schism between communities of color and law enforcement. In January 2015, Gov. Kasich asked Amy to be a part of his Task Force.
Amy is joined on the Task Force by 17 others including: former Ohio Supreme Court justice Eva Stratton, Dr. Ronnie Dunn Cleveland State University associate professor, member of the NAACP Criminal Justice Committee, Rev. George Murry Bishop of the Roman Catholic Diocese of Youngstown, and Chief Michael J. Navarre, member of the Ohio Association of Chiefs of Police.
Amy Murray has an extensive history of political involvement and a passion for diving into the issues when it comes to making her city a better place to live and work. As past President of her Neighborhood Council, she worked closely with residents, business and the city to bring about positive change. As member of city council Amy has been committed to more robust job creation and making a more “business-friendly” city. Fiscal responsibility, holding our leaders accountable and keeping our neighborhoods safe are her key focus areas.
Bards Logic is the Grassroots, We the People Show.
Last week, the Guardian published an explosive report describing what some are calling a 'black site' used by Chicago police right here in the United States. Is this an exaggeration or are people truly 'disappeared' using gestapo-like tactics?
Also covered in this report:
-FCC votes to give birth to the 'Department of the Internet'
-Obama is using executive order to push the Bureau of Alcohol, Tobacco, Firearms & Explosives to BAN 5.56 rounds commonly used in the AR15 rifle.
-Laugh of the day: John Boehner makes kissing sounds at a reporter asking questions in a press conference.
Attorney General Holder limits police seized-asset sharing process. This episdoe will discuss whether limits of police seized assets is an abuse of discretion by the Attorney General or a method to avoid abuse of process and discretion by local and state police and judicial systems? We will examine several legal theories and issues faced by local and state police. We will examine whether limits will curtail denial of due process and availability of assets to defendants to defend against criminal charges.
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