Man get a clue, the dollar in your wallet says federal reserve note for a reason. Because YOUR government owes that value to the federal reserve so you are already paying for EVERYTHING period.
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Current iPhone 4 owners: Will you accept the free 'Bumper' case?
- Thread starter justiny
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Me too. Which is why I said I wouldn't use it most of the time.you can add me to that list too!!
it's quite simple. The government owes every dollar they issue + interest to the federal reserve. So by extension you owe that money to the federal reserve. Thus you are in so much debt already (thanks to uncle sam) that discussing paying for welfare or healthcare is a moot point.
uhhh. youre wrong.
The government IS the fed. lmao
furthermore. we as a country owe other countries who Purchase our debt. that's how the treasury works...buddy!
nope. The government is hopefully elected individuals and individuals appointed by said elected individuals. The owners of the federal reserve are a group of private individuals, businessmen, bankers, whatever.
As for our national debt. That comes directly from the government needing to borrow money from a central bank. So if the government asks to borrow money from the federal reserve, it owes 'something' to the federal reserve, if the government asks to borrow money from the the bank of england (another country) then the government owes 'something' to that country. So in the end the government is owned by the central banks.
yeah....wrong again.
the "fed" is not a person, or many persons. it is a term in short for "Federal Government". And the "federal Government" is not a company or other such elected officials. The government is encompassed by agencies and what not. The individuals who run them agencies fall under three branches of "Government". The legislative, judicial and executive!
I can go on about the currency side as well. but clearly your just here to argue. so i'm done with you.
maybe you misread what i said, the fed can be either the federal government or the federal reserve depending on the context and the two are not the same.
It was inferred by the poster you quoted that his opinion regards those accepting a free case, but who have had no issues with their iPhone.