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Is the IRS the collection agency for the Federal Reserve?

  1. qwark profile image58
    qwarkposted 7 years ago

    One of the most fraudulent institutions ever perpetrated on the American people and the world, is the Federal Reserve System.
    Do you agree? Give your opinion as to why or why not.

    1. starme77 profile image75
      starme77posted 7 years agoin reply to this

      not sure of your question - you have two - no the IRS is  not the collection agency for the federal reserve - they collect taxes - I dont agree that the federal reserve system is the most fraudulent institution eitther  - the DHS now, that is another story - they are a seriously fraudulent institution - but IRS - not - they are tax collectors - As For the federal reserve - well they are kinda cool cause they make real money smile

      1. qwark profile image58
        qwarkposted 7 years agoin reply to this

        Hi Starme:
        Have you studied the Rothschilds?
        J.P. Morgan, created a currency panic in 1907 in order to get the American people to accept the idea of a central bank. The idea of a central bank is to so enslave the people of the country to a debt money system that you continue to collect taxes continuously which just covers the interest.
        We, the duped people of the United States are paying about $400 billion dollars per year to the IRS which is the collection agency for the Federal Reserve.
        By the way, the Federal Reserve is a privately owned bank with 10 private members,  all owned by the Rothschilds


        Rothschild Bank of London
        Warburg Bank of Hamburg
        Rothschild Bank of Berlin
        Lehman Brothers of New York
        Lazard Brothers of Paris
        Kuhn Loeb Bank of New York
        Israel Moses Seif Banks of Italy
        Goldman, Sachs of New York
        Warburg Bank of Amsterdam
        Chase Manhattan Bank of New York
        "... we must not let our rulers load us with perpetual debt."

        -Thomas Jefferson
        Pls tell me that we Americans know what the hell is going on!
        We don't!

        1. livewithrichard profile image86
          livewithrichardposted 7 years agoin reply to this

          Could it be that Jefferson said that because he was in debt for his entire life.  Also, he supported a Central Bank after making a deal with George Washington to locate the Capitol close to his home in Virginia.

          And by the way, the first national bank was not created in 1907. It was first proposed by Alexander Hamilton and founded under George Washington 116 years earlier.

        2. starme77 profile image75
          starme77posted 7 years agoin reply to this

          yeah I studied it and all - but I also study taxes and am planning on becoming an enrolled agent for the IRS which - really ... seriously is a very fair system if you understand it properly and don't spend your entire life trying to run away ... do that and well... ya end up on the losin end of the stick

          1. qwark profile image58
            qwarkposted 7 years agoin reply to this

            ...there's a fool born every minute.
            The American economy has been sucked dry by the Federal Reserve System. we Americans think we own property but the truth is the entire United States has been mortgaged to the bankers.
            The Rothschilds and Rockefellers become richer while the peoples of the world become poorer.
            The International Monetary Fund and the World Bank are also designed to loan money to developing nations with the understanding that they will never be able to repay so with every loan made to a country, it becomes their death knell.
            Ovr the past few years, the entire world has been plunged into a debt economy which means that 6 billion people are in debt to about 250 men ( the cabal.) But keep in mind that all their wealth is phony because it is created money WITHOUT ANY GOLD BACKING.
            The truth is that we should never have a Federal Reserve to begin with. They print money, loan it into circulation, and the American people are strapped with more debt.
            We and our kids are heading for disaster...big time!
            Its late ...I'm hittin' the sac...ttyl

    2. dutchman1951 profile image61
      dutchman1951posted 7 years agoin reply to this

      IRS is fraudulent, yes. 89% of the time that they claim you owe, you really do not. Their agents do not know their own tax codes in many, many instances!  And still go on the assumption you- the payer are in error.

      as for the Fed, I'd say no.  They make the money, and make the decisions to release and tighten the flow. They may be in error of interpretation of the economy at times, as to what is needed, but they (The Fed) I think are not deliberately fraudulent. However, they do make mistakes, it's not a perfect science.

      1. qwark profile image58
        qwarkposted 7 years agoin reply to this

        When you look in the Washington, D.C. phone book, you will not find the Federal Reserve in the Government section as they are a private concern.

        In November of 1910,  banking vultures came together at the Jekyl Island Hunt Club on Jekyl Island, Georgia. What were they hunting? The biggest prize of all, the absolute and complete control of all the money in America which means control of all America and with it the power to make slaves of all the people.
        President James Garfield had insight into this situation:

        "It must be realized that whoever controls the volume of money in any country is absolutely master of all industry commerce."

        The  Federal Reserve Act of 1913, was incorporated in 1914 and has been creating a completely unnecessary national debt ever since. In simple terms, the Fed creates money as debt. They create money out of thin air by nothing more than a book entry.
        The American people are paying about $300 billion dollars a year in interest to this phony organization.
        Have you taken a look at your money? It says "Federal Reserve Note" which means it is an instrument of debt. There is no real money in circulation.
        The bankers are a international cabal that controls world economy!

        1. Reality Bytes profile image81
          Reality Bytesposted 7 years agoin reply to this

          Very true and one of my most popular hubs tells the entire history of the Federal Reserve Act.

          1. qwark profile image58
            qwarkposted 7 years agoin reply to this

            TY Reality!

      2. starme77 profile image75
        starme77posted 7 years agoin reply to this

        hey .... what ya talkin about ... ? IRS is simply not understood by most americans - understand it .... go by the rules of it ... and .... well ... ya come out nicely .... try to cheat it... and well ... um.... yer done and yer thinkin they're bad ? what the hell?

  2. Petra Vlah profile image61
    Petra Vlahposted 7 years ago

    As an institution the Federal Reserve Bank is as "federal" as "Fedex"
    For people NOT to know that it is a PRIVATE institution seems hard to believe

  3. pylos26 profile image79
    pylos26posted 7 years ago

    Glad I don’t have to handle that nasty stuff…Poooph… just hand’em me ‘check card’.

  4. Evan G Rogers profile image77
    Evan G Rogersposted 7 years ago

    The federal reserve doesn't need a collection agency: they can just MAKE money out thin air