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"Truth Series Part VIII" The Federal Reserve

"Truth Series Part VIII" The Federal Reserve

Released Tuesday, 19th November 2019
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"Truth Series Part VIII" The Federal Reserve

"Truth Series Part VIII" The Federal Reserve

"Truth Series Part VIII" The Federal Reserve

"Truth Series Part VIII" The Federal Reserve

Tuesday, 19th November 2019
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In the new format of the Truth Series, the boys start the first half hour or so discussing the latest events and news from QAnon, and other sources. Remember, everything on these series episodes, is the facts and if anything is speculation, it is noted during the broadcast. What's Shred got for us this week? So much, that it is our LONGEST episode to date. QAnon is definitely back up on 8Kun and has been relatively active as of late. Especially with all the fraudulent impeachment stuff surrounding the President, as well as, all the whistleblower stuff. Also, Shred brings up that the Obama administration and the Trump administration had basically given about 18 billion dollars, that's billion with a B, to the City of Baltimore between 2008 in 2016 ... So 10 years, over a 10-year period, they're given 18 billion. That's a lot of money. He says he's sure we have some listeners in Baltimore . This type of money spent on other cities have done fantastically well with a tenth of that money, alright, I would never give props to Governor Cuomo of New York, but he gave 18 million to the city of Buffalo and if you've ever been downtown Buffalo, 10 years ago compared to now... Oh yeah, they've done lied a lot with 18 million, they did. We're talking billions. So where'd the money go? Did the Mayor of Baltimore go missing for some time? Yep, she did. Interesting. President Trump gives his district of Baltimore 2 billion dollars in federal aid... Okay, but they did something really interesting with this federal aid. They digitally ear-marked... So, they put digital markers on the actual money that they were giving to the district. I guess where it didn't go, was to the people.. it didn't go to the people, We don't know where it went but it didn't go to the people or for improvement in the city. Shred is pretty sure they paid off other constiuents to keep their mouths shut with a portion of the money. (That is speculation). He then brings up the Red Cross and how a lot of these "non profit" companies are actually "for profit". He relates it to you donating blood, and then needing that blood later.. yes, your own blood. You have to PAY FOR IT, through the hospital. This isn't free blood. Just like "Locks of Love", the children that receive those hair pieces, end up having to pay for them. Interesting. The American Red Cross was found with bundles of CASH in their basement, by the good ole FBI. Why would the Red Cross have cash stowed in their basement? The Federal Reserve is discussed for the second half of the episode. How it began, why it was formed and more. Here's a little snippet of exactly what it is, and how it's NOT a part of the US Government. It's the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930's and the Great Recession during the 2000's have led to the expansion of the roles and responsibilities of the Federal Reserve System. The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions. The Fed conducts research into the economy and provides numerous publications, such as the Beige Book and the FRED database. The Federal Reserve System is composed of several layers. It is governed by the presidentially appointed board of governors or Federal Reserve Board. Twelve regional Federal Reserve Banks, located in cities throughout the nation, regulate and oversee privately owned commercial banks. Nationally chartered commercial banks are required to hold stock in, and can elect some of the board members of, the Federal Reserve Bank of their region. The Federal Open Market Committee sets monetary policy. It consists of all seven members of the board of governors and the twelve regional Federal Reserve Bank presidents, though only five bank presidents vote at a time (the president of the New York Fed and four others who rotate through one-year voting terms). There are also various advisory councils. Thus, the Federal Reserve System has both public and private components. It has a structure unique among central banks, and is also unusual in that the United States Department of the Treasury, an entity outside of the central bank, prints the currency used. The federal government sets the salaries of the board's seven governors, and it receives all the system's annual profits, after a statutory dividend of 6% on member banks' capital investment is paid, and an account surplus is maintained. In 2015, the Federal Reserve earned a net income of $100.2 billion and transferred $97.7 billion to the U.S. Treasury. Although an instrument of the US Government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government, it does not receive funding appropriated by Congress, and the terms of the members of the board of governors span multiple presidential and congressional terms." [Source: Wikipedia} We know there's a bigger thing, there's a bigger thing going on, but we can't put it all together just yet. But that is exactly why we love creating these episodes for you.
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