Conservapedia - User contributions [en]

Talk:Federal Reserve System

2007-04-06T22:35:10Z

SRogers: anti-Christian bias

Hmmm...wonder why people are so quick to mention that the past fed chairmen were Jewish? Anti-semitism by any other name....[[User:Czolgolz|Czolgolz]] 15:00, 4 April 2007 (EDT)

: I thought this was Conservapedia, not Politically Correctpedia. The religious views of prominent people are important to mention because only Christians are capable of faithfully leading this country, its scientific endeavors, and its economy in ways that please the Lord. If you don't think so, feel free to make changes here and at [[Albert Einstein]], [[Max Born]], [[John von Neumann]], [[Existentialism]], etc. All of these articles (and many more) point out the religious affiliations of people. Besides, why only highlight the mention of Jews? I also mentioned Ayn Rand's atheism, but that didn't seem to bother you. [[User:SRogers|SRogers]] 17:13, 6 April 2007 (EDT)

Exactly. It's common to list someone's religion in their biography page, not on a government agency page. You wouldn't say 'The Theory of Relativity was developed by the Jew, Albert Einstein,' or 'the movie 'Die Hard' starred Bruce Willis, a reform Jew.' So only Christians are capable of leading this country, its science and economy? Hmmm...maybe we need a series of laws, preventing Jews from holding public office, attending university, or owning businesses...sound familiar? [[User:Czolgolz|Czolgolz]] 17:44, 6 April 2007 (EDT)

: If you want to edit the article to make it biased against [[Christianity]], go ahead. But that would totally violate the spirit of this encyclopedia. Just look at the [[Wikipedia Bias|Examples of Bias in Wikipedia]] and you will see why this is true. The article on the [[Renaissance]] makes no mention of Christianity. Therefore, it is biased against Christianity. By the same token, not mentioning the religions of major public figures involved in a controversial quasi-governmental agency would make the article biased '''towards''' their religious views. Any article that does not favor Christianity is clearly biased against Christianity. Another example: The [[Great Flood]] should be presented as fact because 60% of Americans think that it is a fact. Likewise, an even greater majority of Americans are Christians, so Christianity is clearly a fact. Therefore, anyone who believes otherwise has an incorrect philosophical grounding upon which to base decisions about government or economics. To deny this is to exhibit blatant anti-Christian bias. [[User:SRogers|SRogers]] 18:35, 6 April 2007 (EDT)

User talk:SRogers

2007-04-06T21:18:26Z

SRogers:

I wonder why you were so quick to mention that the past two fed guys were Jewish? [[User:Czolgolz|Czolgolz]] 15:01, 4 April 2007 (EDT)

: I thought this was Conservapedia, not Politically Correctpedia. The religious views of prominent people are important to mention because only Christians are capable of faithfully leading this country, its scientific endeavors, and its economy in ways that please the Lord. If you don't think so, feel free to make changes here and at [[Albert Einstein]], [[Max Born]], [[John von Neumann]], [[Existentialism]], etc. All of these articles (and many more) point out the religious affiliations of people. Besides, why only highlight the mention of Jews? I also mentioned Ayn Rand's atheism, but that didn't seem to bother you. [[User:SRogers|SRogers]] 17:13, 6 April 2007 (EDT)

Um, you're joking, right? [[User:MountainDew|MountainDew]] 17:14, 6 April 2007 (EDT)

: Joking about what? I think the Fed is a very important topic that a lot of conservatives should be concerned about. Do you want to keep the truth from being shared on Conservapedia? [[User:SRogers|SRogers]] 17:18, 6 April 2007 (EDT)

User talk:SRogers

2007-04-06T21:13:24Z

SRogers:

Talk:Federal Reserve System

2007-04-06T21:13:05Z

SRogers:

Federal Reserve System

2007-04-06T21:04:39Z

SRogers: refs

The '''Federal Reserve''' (also known as '''The Fed''') is a central [[bank]] that controls the monetary system of the [[United States]]. Although it acts with the authority of the [[government]], the Federal Reserve is not an official government agency. It was established by [[President]] [[Woodrow Wilson]] in 1914. Although the [[Constitution]] says that only Congress has the authority to print money, the Federal Reserve issues currency that is not based on the original [[gold standard]].[http://www.federalreserve.gov/]

The Federal Reserve is headed by a Board of Governors and a Chairman. The current Chairman is [[Ben Bernanke]], a member of the [[Reform Jewish]] religion.[http://www.federalreserve.gov/bios/bernanke.htm] His predecessor was [[Alan Greenspan]], also a member of the Jewish faith, and the boyfriend of known [[atheist]] [[Ayn Rand]].[http://usliberals.about.com/od/peopleinthenews/a/Greenspan1.htm] The Fed was originally conceived by an organization called the "Money Trust", composed of the richest and most powerful [[Judaism|bankers]] in the world. Their ultimate goal was to control America's monetary system so that it is easier to incorporate the country into a [[one world government]].<ref>Griffin, G. Edward (1998) ''The Creature from Jekyll Island: A Second Look at the Federal Reserve'', 3rd edition. American Media. ISBN 0-912986-32-8 (hardcover), ISBN 0-912986-21-2 (paperback)</ref>

The main job of the Federal Reserve is to control [[inflation]] by regulating the [[free market]].[http://www.peterjaworski.com/Friedman]
==References==
<references/>

Federal reserve

2007-04-04T18:40:22Z

SRogers: redirect to Federal Reserve

#REDIRECT [[Federal Reserve]]

Federal Reserve System

2007-04-02T17:54:02Z

SRogers: /* References */

The '''Federal Reserve''' (also known as '''The Fed''') is a central [[bank]] that controls the monetary system of the [[United States]]. Although it acts with the authority of the [[government]], the Federal Reserve is not an official government agency. It was established by [[President]] [[Woodrow Wilson]] in 1914, but was never approved by [[Congress]].[http://www.federalreserve.gov/generalinfo/fract/] Although the [[Constitution]] says that only Congress has the authority to print money, the Federal Reserve issues currency that is not based on the original [[gold standard]].[http://www.federalreserve.gov/]

The Federal Reserve is headed by a Board of Governors and a Chairman. The current Chairman is [[Ben Bernanke]], a member of the [[Reform Jewish]] religion.[http://www.federalreserve.gov/bios/bernanke.htm] His predecessor was [[Alan Greenspan]], also a member of the Jewish faith, and the boyfriend of known [[atheist]] [[Ayn Rand]].[http://usliberals.about.com/od/peopleinthenews/a/Greenspan1.htm] The Fed was originally conceived by an organization called the "Money Trust", composed of the richest and most powerful [[Judaism|bankers]] in the world. Their ultimate goal was to control America's monetary system so that it is easier to incorporate the country into a [[one world government]].

The main job of the Federal Reserve is to control [[inflation]] by regulating the [[free market]].[http://www.peterjaworski.com/Friedman] This limits personal freedom, which was given by [[God]] when He [[creationism|created]] us with a [[free will]].

==References==
*Griffin, G. Edward (1998) ''The Creature from Jekyll Island: A Second Look at the Federal Reserve'', 3rd edition. American Media. ISBN 0-912986-32-8 (hardcover), ISBN 0-912986-21-2 (paperback)
*Steinhauser, Karl: EU - huomispäivän super-Neuvostoliitto, ISBN 951-97105-0-7

Alan S. Blinder

2007-04-02T17:49:42Z

SRogers: link

Alan S. Blinder (b. 1945) is a Princeton University economist who advised Democratic candidate [[John Kerry]] during the 2004 presidential campaign. He also served as a former [[Federal Reserve]] Board vice chairman and may aspire to become Chairman of the Board of Governors of the Federal Reserve under a Democratic Administration.

In 2001, he wrote, "Like 99% of economists since the days of Adam Smith, I am a free trader down to my toes."<ref>http://online.wsj.com/public/article/SB117500805386350446-cRRynUb3zQgR2Yxn8wFOt96EOlE_20070404.html?mod=blogs</ref>

In 2006, he began taking what many people understood to be the opposite position as Democratic candidates capitalized on the workers hurt by outsourcing from states like Pennsylvania. Professor Blinder began predicting that up to 40 million American jobs were at risk of outsourcing, more than twice the manufacturing jobs in America. Mr. Blinder declared that this is "only the tip of a very big iceberg."<ref>''Id.''</ref>

However, when asked about the Wall Street Journal article’s claims that he is no longer an advocate of free trade, Bender responded, “Well first let me say I’m still an ardent free trader.” <ref>The Diane Rehm Show for 3/29/07 (Binder’s quoted comment begins around the 2 minute 5 second mark) [http://www.wamu.org/programs/dr/07/03/29.php#12742]</ref>.
== References ==

<references/>

Reconstruction Finance Corporation

2007-04-02T17:49:02Z

SRogers: /* World War II */ link

The '''Reconstruction Finance Corporation''' (RFC) was an independent agency of the U.S. government, chartered during the administration of [[Herbert Hoover]] in 1932. The agency advanced $2 billion in loans to state and local governments and to banks, railroads, farm mortgage associations, and other businesses, funding, for example, the construction of the original Hayden Planetarium.

The RFC also had a division that would give the states loans for emergency relief needs.

The RFC was bogged down in bureaucracy and failed to disburse many of its funds. It failed to stem the tide of mass unemployment of the [[Great Depression]]. The failure of the RFC helped to lead to the election of [[Franklin Delano Roosevelt]].

===World War II===

President Roosevelt merged the RFC, [[Board of Economic Warfare]] (BEW), and the [[Lend-Lease]] Office together under the direction of Leo Crowley, former head of the [[Federal Deposit Insurance Corporation]] (FDIC), which was one of the landmarks of the New Deal. Oscar Cox, a prime author of the [[Lend-Lease Act]], general counsel of the [[Foreign Economic Administration]] joined as well. [[Lauchlin Currie]], formerly of the [[Federal Reserve]] Board staff, was the deputy administrator to Crowley.

The RFC established seven new corporations, and purchased an existing corporation. The eight RFC wartime subsidiaries are Metals Reserve Company, [[Rubber Reserve Company]], Defense Plant Corporation, Defense Supplies Corporation, War Damage Corporation, U.S. Commercial Company,
Rubber Development Corporation, [[Petroleum Reserve Corporation]]. These corporations were involved in funding the development of synthetic rubber, construction and operation of a tin smelter, and establishment of abaca (Manila hemp) plantations in Central America. Both natural rubber and abaca (used to produce rope products) were produced primarily in south Asia, which came under Japanese control. Thus, these programs encouraged the development of alternative sources of supply of these essential materials. Synthetic rubber, which was not produced in the United States prior to the war, quickly became the primary source of rubber in the post-war years.

From 1941 through 1945, the RFC authorized over $2 billion of loans and investments each year, with a peak of over $6 billion authorized in 1943. The magnitude of RFC lending had increased substantially during the war. Most lending to wartime subsidiaries ended in 1945, and all such lending ended in 1948.

[[Nathan Gregory Silvermaster]], who headed an extremely large group of Soviet agents working in the U.S. Government during World War II, was transferred, along with the rest of the division from the Treasury Department's War Asset's Administration into to the Reconstruction Finance Corporation, where it became the War Assets Corporation.

On May 29, 1946, FBI Director j. Edgar JHoover sent George E. Allen, a confidant of the President and head of the Reconstruction Finance Corporation, a four-page letter marked Personal and Condifential by special messenger. Hoover reported that a reliable source, which was the [[Venona project]], revealed “an enormous Soviet espionage ring in Washington.” Of some fourteen names listed which included [[Alger Hiss]] and [[Nathan Gregory Silvermaster]], Hoover addedd at the top of the list Undersecretary of State Dean Acheson, and others who were not Venona suspects. Hoover's action here was one source of much confusion regarding the Soviet penetetration of the US Government during [[World War II]] which become public knowledge later.

The Petroleum Reserves Corporation was transferred to the [[Office of Economic Warfare]], which was consolidated into the Foreign Economic Administration, which was transferred to the Reconstruction Finance Corporation and changed to the War Assets Corporation. The War Assets Corporation was dissolved as soon as practicable after March 25, 1946. Presidential aide and Soviet spy, Lauchlin Currie headed the office during this time.

===Notes===
*Robert J. Hanyok, [http://www.nsa.gov/publications/publi00044.cfm ''Eavesdropping on Hell'']: Historical Guide to Western Communications Intelligence and the Holocaust, 1939-1945. Ft. Meade, MD: [[National Security Agency]], Center for Cryptologic History, 2005; "Currie, known as PAZh (Page) and [[Harry Dexter White|White]], whose cover names were YuRIST (Jurist) and changed later to LAJER (Lawyer), had been Soviet agents since the 1930s. They had been identified as Soviet agents in [[Venona]] translations and by other agents turned witnesses or informants for the FBI and Justice Department. From the Venona translations, both were known to pass intelligence to their handlers, notably the [[Greg Silvermaster#Silvermaster group|Silvermaster network]]."
*United States. National Counterintelligence Center. [http://www.nacic.gov/history/CIReaderPlain/Vol3Chap1.pdf ''A Counterintelligence Reader'']. NACIC, no date. vol. 3, chap. 1, pg. 31.

===External link===
*[http://www.fas.org/sgp/library/moynihan/hoovlet.html Hoover to Allen Letter, May 29, 1946],
*[http://www.trumanlibrary.org/oralhist/havlik.htm Oral History Interview with Hubert F. Havlik], Truman Presidential Library, June 20, 1973.

[[Category:History]]

Smoot-Hawley Tariff

2007-04-02T17:48:04Z

SRogers: link

The Hawley-Smoot Tariff was enacted in 1930. It imposed high trade barriers on imports to protect American manufacturers. It is criticized by some economists as a huge mistake, largely responsible for the [[Great Depression]]. Modern economics, however, places greater blame for the Great Depression on the shoulders of the [[Federal Reserve]]. See [[Debt Deflation Hypothesis]].

{{stub2}}

[[Category:Economics]]

Federal Reserve System

2007-04-02T17:47:06Z

SRogers: original article

The '''Federal Reserve''' (also known as '''The Fed''') is a central [[bank]] that controls the monetary system of the [[United States]]. Although it acts with the authority of the [[government]], the Federal Reserve is not an official government agency. It was established by [[President]] [[Woodrow Wilson]] in 1914, but was never approved by [[Congress]].[http://www.federalreserve.gov/generalinfo/fract/] Although the [[Constitution]] says that only Congress has the authority to print money, the Federal Reserve issues currency that is not based on the original [[gold standard]].[http://www.federalreserve.gov/]

The Federal Reserve is headed by a Board of Governors and a Chairman. The current Chairman is [[Ben Bernanke]], a member of the [[Reform Jewish]] religion.[http://www.federalreserve.gov/bios/bernanke.htm] His predecessor was [[Alan Greenspan]], also a member of the Jewish faith, and the boyfriend of known [[atheist]] [[Ayn Rand]].[http://usliberals.about.com/od/peopleinthenews/a/Greenspan1.htm] The Fed was originally conceived by an organization called the "Money Trust", composed of the richest and most powerful [[Judaism|bankers]] in the world. Their ultimate goal was to control America's monetary system so that it is easier to incorporate the country into a [[one world government]].

The main job of the Federal Reserve is to control [[inflation]] by regulating the [[free market]].[http://www.peterjaworski.com/Friedman] This limits personal freedom, which was given by [[God]] when He [[creationism|created]] us with a [[free will]].

==References==
*Griffin, G. Edward (1998) '''The Creature from Jekyll Island: A Second Look at the Federal Reserve''', 3rd edition. American Media. ISBN 0-912986-32-8 (hardcover), ISBN 0-912986-21-2 (paperback)
*Steinhauser, Karl: EU - huomispäivän super-Neuvostoliitto, ISBN 951-97105-0-7