From Newsgroup: alt.tv.star-trek.tos   
   From Address: jjme169@earthlink.net   
   Subject: Re: A Very Simple Plan to End The Federal Reserve   
      
   Just for the record - there is no such thing as a "federal reserve note".    
   And for that matter there is no such thing as a "FEDERAL RESERVE".   
      
   1.  Congress makes a determination of how much money, notes, cash, bonds,    
   etc needs to be in circulation based on data received from at least 1000    
   different sources.   
      
   2.  Congress goes to the Controller of the Currency asks them "how much    
   money do you have in reserve and how much more needs to be printed?".   
      
   3.  The Controller of the Currency totes up the figures and sends an order    
   to the Bureau of Engraving.   
      
   4.  The Bureau of Engraving turns on the printing presses and prints money.   
      
   5.  The money is loaded on trucks and sent to the FEDERAL RESERVE BANKS    
   where it is held for distribution.   
      
   6.  The FEDERAL RESERVE BANKS collects old, warn out money from MEMBER BANKS    
   and sends them new money for distribution, or sends them new money based on    
   the limits as specified by the Controller of the Currency and Congress.   
      
   Read you 6th Grade Civics Book and maybe this will become more    
   understandable to you.   
   --    
   meport   
      
   "Pisano"  wrote in message    
   news:726e0d25-66f7-414f-9d9f-62899f758c4c@k17g2000yqh.googlegroups.com...   
   >   
   > Congress will pass a resolution to start printing a new American   
   > Dollar according to the U.S. Constitution.   
   >   
   > If vetoed by O-bow-ma, Congress will simply override the veto.   
   >   
   > All citizens will then voluntarily exchange all of their Federal   
   > Reserve Notes for the new American Dollar.   
   >   
   > All exchanged Federal Reserve Notes will then be returned to the   
   > Federal Reserve to pay the bastards off with all the same currency   
   > that they previously issued as their own "legal tender", and told to   
   > take a hike.   
   >   
   > Americans will then collectively reject all Federal Reserve Notes,   
   > and use the new U.S. Government issued Dollars from that point onward.   
   >   
   > Bing.   
   >   
   > Done deal.   
   >   
   >   
   > =-=   
   >   
   > ". . . By increasing the supply of money, the Federal Reserve lowers   
   > the value of every dollar that already exists.  If the supply of   
   > Mickey Mantle baseball cards were suddenly to increase a millionfold,   
   > each individual card would become almost valueless.  The same   
   > principle applies to money: the more the Fed creates, the less value   
   > each individual monetary unit possesses.  When the money supply is   
   > increased, prices rise - with each dollar now worth less than before,   
   > it can purchase fewer goods than it could in the past. . . .   
   >   
   > History bears this out.  An item that cost $100 in 1913 (when the   
   > Federal Reserve Act was passed) would cost $2014.81 in 2006.  An item   
   > that cost $100 in 2006 would have cost $4.96 in 1913.  As we can see,   
   > the dollar has lost nearly all its value since the Fed was   
   > established.  Now, if the gold standard had brought about such an   
   > outcome, we would never hear the end of all the howls of outrage.  But   
   > the Fed does it and . . . utter silence.  The Fed has managed to   
   > insulate itself from the kind of criticism that is normally directed   
   > at all other institutions that harm Americans."   
   >   
   > Ron Paul   
   > From, "The Revolution - A Manifesto"   
   >    
      
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