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The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???

 
Saddletramp
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06/28/2012 12:52 AM

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The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
The Federal Reserve Act was passed and signed by Woodrow Wilson during the Congressional Christmas Break in 1913. The Federal Reserve is a private company owned by several multi-national bank holding companies and in the Federal Reserve Act the Fed recieved a 99 year charter. This charter expires on 12/21/2012 and in order to be re-chartered it is supposed to take the ratification of 2/3 of the states, just like a constitutional amendment...

Yet not a single politician or anyone in the Financial Media is talking about this, even the Fed isn't asking congressmen or the executive branch to act on this...

Makes you wonder if this current crisis isn't engineered to fast track this re-charter through an Emergency Act...Naw, that would be a Conpiracy!!!

Idol1
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 12:56 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Would you please verify that claim by pointing to a government website where it is written?
Saddletramp (OP)
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06/28/2012 12:59 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
You can one star this all you want, it doesn't make it any less true. I'm an ex-banker and I have intimate knowledge of the Federal Reserve System, and you don't have to pour through the entire Federal Reserve Act to find this info, it's out there. Also, Govt Chartered Companies like the Fed, Fannie Mae, and Freddie Mac, Farmer Mac, Etc always recieve 99 year charters...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
WigWog
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06/28/2012 01:00 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
bump
Anonymous Coward
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06/28/2012 01:02 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
bumping for justice
Saddletramp (OP)
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06/28/2012 01:02 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Would you please verify that claim by pointing to a government website where it is written?
 Quoting: Anonymous Coward 5746768


Here's a link to an Adobe Acrobat File from Florida State University that explains Federally Chartered Companies...

[link to www.law.fsu.edu]
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:02 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
What does it mean to ratify a state? Forgive my ignorance. Thank you.
Saddletramp (OP)
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06/28/2012 01:06 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Would you please verify that claim by pointing to a government website where it is written?
 Quoting: Anonymous Coward 5746768


Here's a link to an Adobe Acrobat File from Florida State University that explains Federally Chartered Companies...

[link to www.law.fsu.edu]
 Quoting: Saddletramp


Companies are not given permenent charters, not by the states, or the Federal Government, and for it to be legal, 99 years is the maximum term of a leasehold, which is what a Charter to do business is...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
wisc_natureboy
I pee outside.

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06/28/2012 01:07 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
I remember when I first got involved with Ron Paul in 1988 this was an issue.
Then again in 2006 when I first started posting here,
it was an ongoing issue.

It has been an issue here for years.

Are you complaining because it is not addressed in MSM?
Welcome to the Jekyll Island Club. ;-`)
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We all breathe the same air.
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Anonymous Coward
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06/28/2012 01:07 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
bump
Saddletramp (OP)
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06/28/2012 01:08 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
What does it mean to ratify a state? Forgive my ignorance. Thank you.
 Quoting: Anonymous Coward 17344938


2/3 of the States must ratify this for it to be re-chartered, at least according to the Federal Reserve Act of 1913. For a state to ratify, the State House must vote on the act or amendment...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:09 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Since the dollar has lost 90% of it's purchasing power since the Federal Reserve took control of monetary policy, their charter should not be renewed.
Saddletramp (OP)
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06/28/2012 01:11 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
I remember when I first got involved with Ron Paul in 1988 this was an issue.
Then again in 2006 when I first started posting here,
it was an ongoing issue.

It has been an issue here for years.

Are you complaining because it is not addressed in MSM?
Welcome to the Jekyll Island Club. ;-`)
 Quoting: wisc_natureboy


I guess it's just because it's getting so close, and no one is doing anything, makes me wonder if they won't try to quickly pass another act in congress in the dark of night rather than undergo the prescribed ratification process...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:14 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
I guess it's just because it's getting so close, and no one is doing anything, makes me wonder if they won't try to quickly pass another act in congress in the dark of night rather than undergo the prescribed ratification process...



Like when the Federal Reserve Act was ratified orginally?
Anonymous Coward
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06/28/2012 01:14 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
What does it mean to ratify a state? Forgive my ignorance. Thank you.
 Quoting: Anonymous Coward 17344938


2/3 of the States must ratify this for it to be re-chartered, at least according to the Federal Reserve Act of 1913. For a state to ratify, the State House must vote on the act or amendment...
 Quoting: Saddletramp

Thank you.
Saddletramp (OP)
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06/28/2012 01:16 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
I guess it's just because it's getting so close, and no one is doing anything, makes me wonder if they won't try to quickly pass another act in congress in the dark of night rather than undergo the prescribed ratification process...
 Quoting: Anonymous Coward 14954100



Like when the Federal Reserve Act was ratified orginally?


Yeah...exactly!

norespect
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:19 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
A little research shows that only an act of congress can abolish the fed. So far it seems that the charter was increased from twenty years to perpetuity.
Saddletramp (OP)
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06/28/2012 01:25 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
A little research shows that only an act of congress can abolish the fed. So far it seems that the charter was increased from twenty years to perpetuity.
 Quoting: Anonymous Coward 1523978


No Charter can be perpetual, 99 years is the maximum term of any legal leasehold, that is established legal precedent from all the way back in the 1800's, and a Business Charter is a Leasehold...

Also, a quick check of the Federal Register reveals no extension of the Federal Reserves Charter...

I'm not trying to be argumentative, if you can find something where they extended a twenty year charter in the congressional record, I would be glad to see it, I just can't find it. Also according to all information I can find, the Federal Reserve Act says that the Charter is the "Maximum Allowable by Law", which as I said is 99 years...

Pop me a link if you find something different though, it's hard to find the original text of the Federal Reserve Act, even in the Congressional Record, all you get is the synopsis...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:26 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
OP posts totally unsupported claim.
Not surprising, though.
Based upon his photo, he has the mind of a 12 year old.
wisc_natureboy
I pee outside.

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06/28/2012 01:29 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
OP posts totally unsupported claim.
Not surprising, though.
Based upon his photo, he has the mind of a 12 year old.
 Quoting: Anonymous Coward 16598644


Unsupported? Sounds like you are the 12-year old.

Try reading The Creature from Jekyll Island.

Or maybe some history- DUMBASS!
.
-
.

We all breathe the same air.
.-.. --- ...- . / .- .-.. .-..
(love/all)
Saddletramp (OP)
We Don't Rent Pigs...

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06/28/2012 01:29 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
A little research shows that only an act of congress can abolish the fed. So far it seems that the charter was increased from twenty years to perpetuity.
 Quoting: Anonymous Coward 1523978


You are right in that an Act of Congress can abolish the Federal Reserve, but they can't do business without a Charter either...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:30 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
OP posts totally unsupported claim.
Not surprising, though.
Based upon his photo, he has the mind of a 12 year old.
 Quoting: Anonymous Coward 16598644


stfu
Saddletramp (OP)
We Don't Rent Pigs...

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06/28/2012 01:31 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
OP posts totally unsupported claim.
Not surprising, though.
Based upon his photo, he has the mind of a 12 year old.
 Quoting: Anonymous Coward 16598644


Hey now, I didn't get personal about you being an inbred shill, so leave my pic alone...

spank
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 87490
United States
06/28/2012 01:34 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
OP posts totally unsupported claim.
Not surprising, though.
Based upon his photo, he has the mind of a 12 year old.
 Quoting: Anonymous Coward 16598644


Also, I provided a link to Florida State Law School's website which explains the vagrancies of Federally Chartered Business'...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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06/28/2012 01:38 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Because they KNOW it will be renewed with out question. How you or i feel about it is irrelevant....

Some will argue they don't need to renew it, they'll have a world currency ready to go by then.

Me? I think they'll sigh another 100 year contract in the dark...watch.
Saddletramp (OP)
We Don't Rent Pigs...

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06/28/2012 01:40 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
OP posts totally unsupported claim.
Not surprising, though.
Based upon his photo, he has the mind of a 12 year old.
 Quoting: Anonymous Coward 16598644


Also, I provided a link to Florida State Law School's website which explains the vagrancies of Federally Chartered Business'...
 Quoting: Saddletramp


You guys who disagree with me don't have to get mad or personal about this, I'm open to anything, I just wanted to "Talk About It!"

If you have something from the Congressional Register or The Actual Text of the Act itself that proves me wrong, I would be more than willing to look at it, and if I'm wrong, I'll say it, but don't send me a bunch of links to shill websites and financial media stuff, because I've seen some stuff that seriously debunks their arguments, namely, established law...

peace
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Below Me

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06/28/2012 01:43 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
This is BY FAR the most important thread on GLP recently. FUCKING bump the shit out of this until its super pinned and everyone on earth has read it.

The Federal Reserve is the most evil, corrupt organization on earth. They are currently propping up the stock market, manipulating precious metal prices down, and bailing out every country and currency on the planet. They have gotten so far over their head with all this manipulation, they themselves dont know what to do....

Its going to be painful, but we have to unhitch ourselves from these evil bastards. The sooner the better. If we dont, the consequences will be so ugly, you will welcome the NWO. There is still time, WE CAN DO THIS!!!!!
Paddy

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06/28/2012 01:49 AM

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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
The charter is perpetual but even if it was for 99 years it would end on December 22, 2012, not the 21st.
Anonymous Coward
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06/28/2012 01:54 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Would you please verify that claim by pointing to a government website where it is written?
 Quoting: Anonymous Coward 5746768


this
Below Me

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06/28/2012 01:56 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
Would you please verify that claim by pointing to a government website where it is written?
 Quoting: Anonymous Coward 5746768


this
 Quoting: Anonymous Coward 12331832


Yeah, because a GOVERNMENT website is where you should get all your information...Fucking Moran.
Below Me

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06/28/2012 02:00 AM
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Re: The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
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