Section 7. Division of Earnings (a) Dividends And Surplus Funds Of Reserve Banks.
Stockholder Dividends: After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholders of the bank shall be entitled to receive an annual dividend on paid-in capital stock of– in the case of a stockholder with total consolidated assets of more than $10,000,000,000, the smaller of– the rate equal to the high yield of the 10-year Treasury note auctioned at the last auction held prior to the payment of such dividend; and 6 percent; andin the case of a stockholder with total consolidated assets of $10,000,000,000 or less, 6 percent.
Inflation Adjustment. The Board of Governors of the Federal Reserve System shall annually adjust the dollar amounts of total consolidated assets specified under subparagraph (A) to reflect the change in the Gross Domestic Product Price Index, published by the Bureau of Economic Analysis.
(c) Exemption From Taxation. Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
“Neoliberal democracy. Instead of citizens, it produces consumers. Instead of communities, it produces shopping malls. The net result is an atomized society of disengaged individuals who feel demoralized and socially powerless. In sum, neoliberalism is the immediate and foremost enemy of genuine participatory democracy, not just in the United States but across the planet, and will be for the foreseeable future.”
“Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.”
“Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.”
“The process of shaping opinion, attitudes, and perceptions was termed the 'engineering of consent' by one of the founders of the modern public relations industry, Edward Bernays.”
Get ready anons. I know we've been saying this shit for years but it's actually going to happen soon. In 2008 the entire global monetary system nearly came to a complete end, but through extreme unprecedented interventionism they kicked the can down the road without fixing any of the underlying problems. The same crisis is looming. Prepare accordingly.
Jordan Long
What effect did the Christchurch shooting have on Bitconnect's price?
Eli Reed
Joan.
Tyler Lewis
“The whole educational and professional training system is a very elaborate filter, which just weeds out people who are too independent, and who think for themselves, and who don't know how to be submissive, and so on – because they're dysfunctional to the institutions.”
They're GUIDs. Currency of the future. Start investing now.
Michael Murphy
It's not perfect though, I work for a fortune 15 corp and I shitpost to fellow upper management in real life constantly (for over a decade).
Brody Morgan
“I think it only makes sense to seek out and identify structures of authority, hierarchy, and domination in every aspect of life, and to challenge them; unless a justification for them can be given, they are illegitimate, and should be dismantled, to increase the scope of human freedom.”
Modern industrial civilization has developed within a certain system of convenient myths. The driving force of modern industrial civilization has been individual material gain, which is accepted as legitimate, even praiseworthy, on the grounds that private vices yield public benefits in the classic formulation.
Now, it's long been understood very well that a society that is based on this principle will destroy itself in time. It can only persist with whatever suffering and injustice it entails as long as it's possible to pretend that the destructive forces that humans create are limited: that the world is an infinite resource, and that the world is an infinite garbage-can. At this stage of history, either one of two things is possible: either the general population will take control of its own destiny and will concern itself with community-interests, guided by values of solidarity and sympathy and concern for others; or, alternatively, there will be no destiny for anyone to control.
As long as some specialized class is in a position of authority, it is going to set policy in the special interests that it serves. But the conditions of survival, let alone justice, require rational social planning in the interests of the community as a whole and, by now, that means the global community. The question is whether privileged elites should dominate mass-communication, and should use this power as they tell us they must, namely, to impose necessary illusions, manipulate and deceive the stupid majority, and remove them from the public arena. The question, in brief, is whether democracy and freedom are values to be preserved or threats to be avoided. In this possibly terminal phase of human existence, democracy and freedom are more than values to be treasured, they may well be essential to survival.
So why do you believe the dollar will collapse in 2020?
Landon Martin
“The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum — even encourage the more critical and dissident views. That gives people the sense that there's free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate.”
“The key element of social control is the strategy of distraction that is to divert public attention from important issues and changes decided by political and economic elites, through the technique of flood or flooding continuous distractions and insignificant information.“
“In the US, there is basically one party - the business party. It has two factions, called Democrats and Republicans, which are somewhat different but carry out variations on the same policies. By and large, I am opposed to these policies. As is most of the population.”
The question is a strawman. We actually don't know when "the dollar will collapse" but we know shit is fucked. We know the economic paradigm changes about every 40 years and it last happened in the 70's when Nixon took us off the gold standard. We know kikes are running the FED and we know this shit is going to end because the concept of "infinite prosperity for free" is bullshit because resources are finite. It might not "collapse" in the sense that it is replaced entirely in 2019 or 2020, but it could…
Hunter Gutierrez
“The war against working people should be understood to be a real war…. Specifically in the U.S., which happens to have a highly class-conscious business class…. And they have long seen themselves as fighting a bitter class war, except they don’t want anybody else to know about it.”
“There are few genuine conservatives within the U.S. political system, and it is a sign of the intellectual corruption of the age that the honorable term 'conservatism' can be appropriated to disguise the advocacy of a powerful, lawless, aggressive and violent state, a welfare state for the rich dedicated to a lunatic form of Keynesian economic intervention that enhances state and private power while mortgaging the country's future.”
Theoretically, how much support could an actual Zig Forums politician expect in the modern political environment?
David Martinez
“There are growing domestic social and economic problems, in fact, maybe catastrophes. Nobody in power has any intention of doing anything about them. If you look at the domestic programs of the administrations of the past ten years-I include here the Democratic opposition-there's really no serious proposal about what to do about the severe problems of health, education, homelessness, joblessness, crime, soaring criminal populations, jails, deterioration in the inner cities - the whole raft of problems…”
When jews want to replace it with a global currency. There will never be an other economic collapse ever again. At all. ANY "collapse" will simply be jews reorganizing debt and consolidating land ownership.
Isaiah Barnes
“As long as the general population is passive, apathetic, diverted to consumerism or hatred of the vulnerable, then the powerful can do as they please, and those who survive will be left to contemplate the outcome.”
Didn't read all of OP's post but wanted to say I'll believe it when I see it. Lost count how many dozens of times over the years I've heard about the financial collapse coming in the fall, or next year etc.
In my opinion, the Jews will pull the plug on the circus world economic gravy train when it is time to commit another world subversion and cover up their banking crimes of the past. Just delete it all and "oh well, goyim. Looks like everything has vanished!"
Jordan Lee
“The beauty of the system, however, is that such dissent and inconvenient information are kept within bounds and at the margins, so that while their presence shows that the system is not monolithic, they are not large enough to interfere unduly with the domination of the official agenda.“
So buy energy companies and own everything. That's what I think.
Jace Carter
"However [political parties] may now and then answer popular ends, they are likely in the course of time and things, to become potent engines, by which cunning, ambitious, and unprincipled men will be enabled to subvert the power of the people and to usurp for themselves the reins of government, destroying afterwards the very engines which have lifted them to unjust dominion."
If Hilly won we would all have a Tubman in our wallets. Harriet Tubman $20 Bill Plan Has Been Put on the Back Burner. . Fed Chairman Jerome Powell to Join Anti-Trump Singer John Legend at House Democrat Retreat. . oh, and bump