TRUMP NOMINATES PRO- GOLD CANDIDATE TO THE FED

[Smaulgld]

https://smaulgld.com/trump-nominates-pro-gold-candidate-to-the-fed/

[Zippyjuan]

Moore is all over the place in his positions on the economy. He says he favors a commodity standard to keep the value of the dollar but he wants more stimulus (printing money) to juice the economy (and weaken the dollar). During the recession he criticized Fed loose money policy he now favors. He said rates were too low then and are too high now. He was critical of budget deficits under Obama but wants more tax cuts (which will add even more to the deficit). Trump want easy money and thinks Moore will help him get it. He was a campaign adviser to Trump and founded the Club for Growth.

There is still one more vacancy on the Federal Reserve Board. Herman Cain is supposedly one of the people Trump is looking at for that opening.

https://thehill.com/policy/finance/b...considered-for

President Trump is thinking about nominating Stephen Moore and Herman Cain to the Federal Reserve Board, Bloomberg News reported Thursday, citing anonymous sources.

Cain, a former director of the Federal Reserve Bank of Kansas City, ran for the Republican presidential nomination in 2012. Cain, 73, has served as CEO of the restaurant chain Godfather's Pizza and worked for companies including Burger King and Pillsbury.

[acptulsa]

Herman Cain is supposedly one of the people Trump is looking at for that opening.

Nein. NEIN. NEIN!

[Krugminator2]

Moore is all over the place in his positions on the economy. He says he favors a commodity standard to keep the value of the dollar but he wants more stimulus (printing money) to juice the economy (and weaken the dollar). During the recession he criticized Fed loose money policy he now favors. He said rates were too low then and are too high now. He was critical of budget deficits under Obama but wants more tax cuts (which will add even more to the deficit). Trump want easy money and thinks Moore will help him get it. He was a campaign adviser to Trump and founded the Club for Growth.

There is still one more vacancy on the Federal Reserve Board. Herman Cain is supposedly one of the people Trump is looking at for that opening.

https://thehill.com/policy/finance/b...considered-for

Steve Moore is an idiot but nothing you said is contradictory. (He has contradicted himself big time on trade, which you did not mention.)

He is an old school supply sider and everything you mentioned is consistent with how supply siders have been since they first became a thing. They tend to favor a gold standard. He believed QE was too loose and extreme. Now that rates have ticked up and the yield curve is inverting, he thinks the Fed should not tighten. Criticizing budget deficits from government fiscal stimulus is not in anyway the same as being indifferent to budget deficits from tax cuts.

You always equate spending hikes with tax cuts. There is a big difference. Spending hikes if done on government projects take up resources. Think Solyndra and Cash for Clunkers. Tax cuts expend no additional resources. They are just made up with government debt instruments, so they are a wash. And tax cuts like cutting corporate income taxes can change incentives to spur more production and higher standards of living. Whereas spending increases like expanding long term unemployment benefits have negative consequences by incentivizing people to be unemployed.

I am a fiscal conservative. I am totally indifferent to debt from tax cuts. I have a big problem with debt from government spending.

[Zippyjuan]

You always equate spending hikes with tax cuts. There is a big difference.

Only in the sense that if you want to increase spending you should also increase taxes to pay for the increases. But tax cuts do lead to higher deficits and debt.

[Swordsmyth]

President Donald Trump has asked the former economic advisor to his campaign, economist and writer Stephen Moore, if he would accept a nomination to the Board of Governors of the Federal Reserve. There are two openings on the board, and Moore would fill one of them.
Moore’s resume is imressive. A graduate of George Mason University with a degree in economics, Moore spent 10 years as a fellow at the libertarian think tank Cato Institute. He founded and served as president of the Club for Growth, resigning from the group in 2004. He was on the editorial board of the Wall Street Journal and then took a position with the Heritage Foundation as its chief economist. He now serves the Heritage Foundation as a distinguished visiting fellow.
These positions have given him the opportunity to write frequently for the Journal as well as the Washington Times, the Weekly Standard, and National Review.

He has not been kind to the Fed when given a chance to write about its recent policy decisions. The day that the Fed raised interest rates last December, Moore let fly. In an interview with the Gateway Pundit, he unloaded on the Fed’s Board of Governors chaired by Jerome Powell:
In one of the most remarkable Abbott and Costello routines in modern times, the economic wizards at the Fed again raised interest rates on Tuesday. Their Cracker Jack logic for doing so is to steer America on a course toward recession so they have the tools in hand to end the recession that THEY themselves created. Can anyone tell us who’s on first?
Worse, this Fed move doubles down on its blunderous interest rate rise in September. President Trump turned out to be exactly right: the central bank’s pull back on money would slow growth and crush the stock market in order to combat nonexistent inflation.
The Fed’s policies of raising interest to fight the spectre of incipient inflation and continuing to offload some of its vast holdings of government securities served as a double-whammy on Trump’s economy. Moore explained:
The Fed had already reduced the monetary thrust that it provides to the economy eight times since December 15, 2015, by raising its Fed Funds interest rate from 0.25% to 2.25%. Each time, the Fed claimed that it needed to guard our economic airliner from inflationary “overheating” — as if its job is to prevent too many people from working and making sure that pay checks aren’t rising too quickly.
Unfortunately, if you cut engine power too far on a jetliner, it will stall and drop out of the sky.
The Dow Jones Industrial Average dropped more than 4,000 points as the economy’s oxygen hose was being stepped on by the Fed’s policies led by its chairman:
Chairman Powell has been entirely tone deaf to the financial markets he seeks to protect….
Since its peak on October 3 … the Dow has fallen by more than 3,500 points [now 4,500]. Market fears about his bad judgment have cut the value of all U.S. stocks by about $4.5 trillion, which is enough to buy 16,000 Boeing 787 Dreamliners.
Moore doubled down two weeks ago while being interviewed at The Cats Roundtable on 970 Radio in New York:
I’m a big believer that the Federal Reserve is probably the most responsible for the slowdown of the economy in the first quarter.
We saw how they wrecked the economy before Christmas when the stock market fell like 4,000 points [on the Dow]. And we are still feeling the residual effect of a very very tight money system….
If you have a booming economy, you have to provide the dollar liquidity that will let the economy grow. It’s like providing the oxygen for the economy, and the Fed isn’t doing that.
Last Wednesday, Moore had another chance to take down the Fed over its policies, this time in an article published by the Wall Street Journal. After touting the Trump economy and its success in putting people back to work and raising economic growth “to 3.1% over the past four quarters — the best performance since 2005,” Moore excoriated the Fed for getting in its way: “The last major obstacle to staying on this path is the deflationary policy [withdrawing money from the economy by selling off some of its government bonds] of the Federal Reserve.… It’s hard to see what the Fed didn’t like about this economic picture. What problem were they trying to solve?”
Moore made it clear that the stock market selloff had nothing to do with weakness in the economy: “It was all the Fed’s doing,” he said, adding:
When the Fed finally admitted its money-tightening mistakes in late December and announced it would forgo its planned rate increases, the deflation stopped and the stock market largely recovered, in tandem with commodity prices. But the damage was done….
We estimate that the Fed’s deflation has already chopped 1 to 1.5 percentage points off real growth over the past six months.
Optimists are hopeful that, once confirmed, Moore will add a voice of reason to the conversation that takes place around the table of the Board of Governors. Realists are more inclined to suggest his voice will be muted by other voices seeking a more active role for the Fed in “managing” the economy.
Cynics are likely to suggest that the best way to silence one of your sharpest critics is to invite him to join your posse and then assimilate him. They are afraid that once Moore is confirmed and takes his place at the table, no one will be hearing much from him about the Fed’s manipulations and machinations that are intentionally and deliberately slowing Trump’s economic miracle.


https://www.thenewamerican.com/usnew...-for-fed-board

[Zippyjuan]

So the purpose of the Fed should be to make stocks go higher and higher and higher. Pump up the money supply to infinity to keep it going? Zero or even negative interest rates?

[Krugminator2]

Only in the sense that if you want to increase spending you should also increase taxes to pay for the increases. But tax cuts do lead to higher deficits and debt.

As I explained, government spending uses resources. Tax cuts don't. That's all the difference in the world.

Let's say the government currently spends 4 trillion and runs a 1 trillion deficit. If the government cut spending in half and eliminated taxes you would have a two trillion dollar deficit. If the government increased spending to $7 trillion and hiked taxes by $2 trillion, you would have a $2 trillion deficit also. Those have two radically different implications for the economy.

[Krugminator2]

So the purpose of the Fed should be to make stocks go higher and higher and higher. Pump up the money supply to infinity to keep it going? Zero or even negative interest rates?

No. But the Fed is supposed to try to prevent economic downturns. The yield curve is the best predictor of recession. If it is inverting, you should certainly not be hiking and probably give serious thought to cutting short term rates.

[oyarde]

No. But the Fed is supposed to try to prevent economic downturns. The yield curve is the best predictor of recession. If it is inverting, you should certainly not be hiking and probably give serious thought to cutting short term rates.

I would be just fine without the fed .

[sparebulb]

There is still one more vacancy on the Federal Reserve Board. Herman Cain is supposedly one of the people Trump is looking at for that opening.

[Zippyjuan]

https://www.cnn.com/2019/03/27/polit...ien/index.html

Trump's choice for Fed seat Stephen Moore owes $75,000 to IRS

Stephen Moore, President Donald Trump's pick for a seat on the Federal Reserve Board, owes $75,000 in taxes and penalties to Uncle Sam.

A circuit court filing in Maryland shows the US government won a judgment against Moore, a former Trump campaign adviser and now a distinguished fellow at the conservative Heritage Foundation, for a federal tax lien valued at $75,328.80. The January 2018 filing says it was for unpaid taxes, penalties, interest and other costs in 2014.

Moore referred questions about the tax debt to his wife, Anne Carey, while noting the couple is owed roughly $30,000 from the Internal Revenue Service. CNN has reached to Carey for further details.

Matthew Leas, a spokesman for the Internal Revenue Service, the country's federal tax collector, declined to comment specifying federal privacy and disclosure laws prohibit the agency from discussing any individual case. A White House spokesman could not be immediately reached for comment.

The Guardian first reported on Moore's tax lien.

On Friday, Trump announced plans to nominate Moore for a sixth seat on the Fed Board. The White House has yet to officially submit his name to the Senate, where he is subject to confirmation.

Trump's choice of Moore has already raised eyebrows given his often colorful views of the Fed and his close relationship with the President, who has broken with precedent and directly criticized the Fed's recent interest rate hikes.

"Moore is wholly unfit to serve in the office to which he is being nominated," Bradford Delong, an economic historian and former deputy assistant secretary at the Treasury Department under the Clinton administration, wrote in an op-ed published by MarketWatch. "He has absolutely no business overseeing US monetary policy. The same is true of any president who would appoint him and any senator who would vote to confirm him."

In December, Moore blasted Fed chairman Jerome Powell and other members of the board for raising rates at the end of last year, saying they "should be thrown out for economic malpractice" and going so far as to suggest Powell -- who was appointed by Trump -- should resign from the role.

Moore told Bloomberg on Friday that his comment was most likely made "in anger" and that he would be willing to work with and learn from his colleagues on the board. But he said he still maintained his negative view of the Fed's December rate hike, calling it "a very substantial mistake."

"Everyone would now acknowledge that what they did in December with the rate increase -- it was a very substantial mistake," said Moore.

The Fed has a long-standing track record of remaining independent of political intrusions. More recently, Powell and other members of the Fed have refrained from addressing political attacks by Trump, who called his Fed chairman "crazy" and "loco" for raising rates four times in 2018. Instead, Powell has often side-stepped the issue in order to preserve the Fed's independence and reinforce the message that policymakers are working in the best interests of the country.

Members of the seven-member panel at the Fed are typically economists, financial industry executives and bank regulators. Moore is a former Wall Street Journal editorial board member and anti-tax activist.

[DamianTV]

Zippy, your position has consistently been one sided, and that side is the one that destroys the wealth of the people.

[Superfluous Man]

https://www.cnn.com/2019/03/27/polit...ien/index.html

Hmm. So this guy doesn't pay his taxes.

At least that's one point in his favor.

[devil21]

Hmm. So this guy doesn't pay his taxes.

At least that's one point in his favor.

I'd bet that he is not a securitized tax slave (meaning the Fed doesn't own his title via the birth certificate), therefore he is outside of IRS legal jurisdiction for enforcement. There's no chance that any one that much involved in the financial system doesn't know how the system really works and hasn't extricated oneself from it. The IRS can levy against the ALL CAPS NAME entity but there's no living tax slave surety to enforce it against so the levy floats in limbo, unenforceable, forever. He won't say that publicly so he "refers" questions to his wife, who will ignore any inquiries about it. Always remember that taxes aren't assessed to the living man/woman. They are assessed to a legal fiction (ALL CAPS NAME) that people think is them and therefore operate as physical representative of.

[Superfluous Man]

I'd bet that he is not a securitized tax slave (meaning the Fed doesn't own his title via the birth certificate), therefore he is outside of IRS legal jurisdiction for enforcement. There's no chance that any one that much involved in the financial system doesn't know how the system really works and hasn't extricated oneself from it. The IRS can levy against the ALL CAPS NAME entity but there's no living tax slave surety to enforce it against so the levy floats in limbo, unenforceable, forever. He won't say that publicly so he "refers" questions to his wife, who will ignore any inquiries about it. Always remember that taxes aren't assessed to the living man/woman. They are assessed to a legal fiction (ALL CAPS NAME) that people think is them and therefore operate as physical representative of.

All of what you're saying is a myth. The system doesn't really work that way at all, as many people who are in prison now after having gotten convinced by con men that it did work that way have learned the hard way.

[devil21]

All of what you're saying is a myth. The system doesn't really work that way at all, as many people who are in prison now after having gotten convinced by con men that it did work that way have learned the hard way.

Hore$#@!. That's exactly how it works.

[Very] soon, every American will be required to register their biological property in a National system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer not being able to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two would figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor or to this fraud which we will call “Social Insurance.” Without realizing it, every American will insure us for any loss we may incur and in this manner; every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.”

- Edward Mandell House; in a private meeting with Woodrow Wilson [President 1913-1921] - source unknown.

[Superfluous Man]

Hore$#@!. That's exactly how it works.

A quote from a private meeting from an unknown source.

That you rely on evidence like that supports my claim.

[devil21]

A quote from a private meeting from an unknown source.

That you rely on evidence like that supports my claim.

Yeah, because that's all I rely on to come to my conclusion Is the Hague Convention also a dubious source? How about the Uniform Commercial Code? Or the Federal Reserve Act? Also dubious sources?

A particularly important Hague document:
https://assets.hcch.net/docs/3afb841...f35995bb8a.pdf

Gee, the logo of the Hague Convention looks suspiciously like a sperm/baby coming out of a vagina....

If you really think it's bs then I advise you to unbrainwash yourself from the standard "prison" references and start educating yourself. Bankers and their bosses view us all as their farm animals to be controlled and profited from. Once you accept this as truth, start using that brain in your head to figure out how they have legally implemented it so as to not violate natural law. The truth then starts to emerge quite plainly.

[Superfluous Man]

Yeah, because that's all I rely on to come to my conclusion Is the Hague Convention also a dubious source? How about the Uniform Commercial Code? Or the Federal Reserve Act? Also dubious sources?

You may have read some things from some reliable sources. And you may have read some things that supported the myth you propound about all-caps names and birth certificates.

But the sources that are reliable don't support that myth, and the ones that support that myth aren't reliable.

[devil21]

You may have read some things from some reliable sources. And you may have read some things that supported the myth you propound about all-caps names and birth certificates.

But the sources that are reliable don't support that myth, and the ones that support that myth aren't reliable.

See the additional information I added to the quoted post.

Simple question for you. How do you know it's a myth? What experience do you have personally that leads you to believe that? I have personal experiences that reinforce my own research and conclusions. You?

(I have also noted your defenses of Jesuits in other threads. Is it a coincidence that the giant IRS building in Maryland has a giant Jesuit hand sign in the occultist structure at the front door? And now you're putting out the standard lines when the truth of the IRS is posted. You're going to have to bring your A-game buddy, as I know a lot more about this than the average sheep. )

[Superfluous Man]

See the additional information I added to the quoted post.

OK. I just did a search of that document for "birth certificate." And there were zero hits.

Are you sure that somewhere in there it says something about any of that birth certificate and your-name-in-all-caps stuff you were spouting?

[Zippyjuan]

But its on the internet!

Government debt is not backed by anything. Nobody owns your birth certificate. (Weren't you going to try to see if you could go to the Federal Reserve to see if you could cash in yours? What ever happened with that?)

http://www.ronpaulforums.com/showthr...d-at-Fort-Knox

I guess we will see soon enough, eh? My own research is based much more heavily on the legal side of it all (UCC, Federal Reserve Act, mainly) history, esoteric principles and personal experiences to try to determine what is truth and what is not, not so much taking random internet sources making claims as fact. Though there are some interesting random internet sources that appear to be very credible while others not-so-much.

[oyarde]

How much can I get for one of Dankes , two of Jules and three of Zippies birth certificates ? Can I get it in gold ?

[devil21]

OK. I just did a search of that document for "birth certificate." And there were zero hits.

Are you sure that somewhere in there it says something about any of that birth certificate and your-name-in-all-caps stuff you were spouting?

"Certificate of security" is in the document however

Refer back to House's quote regarding securities and them being handed over unwittingly. Of course the securities being referred to are Birth (cargo) Certificates (of Security). A bill of lading is a certificate of security evidencing title of the cargo delivered to a port. For giggles, see "Bond King" Bill Gross' retirement tweet. He tips his hand about this. "I’m off -- leaving this port for another destination with high hopes, sunny skies and smooth seas," he said.

Btw, to the trained eye, when both you and Zip (assumng you aren't the same human) show up it's something of a clue that the info is worth investigating further

But its on the internet!

Government debt is not backed by anything. Nobody owns your birth certificate. (Weren't you going to try to see if you could go to the Federal Reserve to see if you could cash in yours? What ever happened with that?)

http://www.ronpaulforums.com/showthr...d-at-Fort-Knox

Got the authenticated BC in the mail the other day, actually. it's got a pretty gold seal and all kinds of nice things on it. Tis interesting how what they sent me is not the original document that I already had. "I" went from being a regular english spelled name to an ALL CAPS NAME somehow in the meantime

[Zippyjuan]

A birth certificate is not a security.

[devil21]

A birth certificate is not a security.

These are not the droids you are looking for.

[Superfluous Man]

Refer back to House's quote regarding securities and them being handed over unwittingly. Of course the securities being referred to are Birth (cargo) Certificates (of Security). A bill of lading is a certificate of security evidencing title of the cargo delivered to a port.

You mean the quote from a private conversation provided by an unknown source?

I thought you said you had some good sources that backed up your claims. When are you going to present some of them?

[Superfluous Man]

"Certificate of security" is in the document however

No it isn't. I just checked.

[devil21]

You mean the quote from a private conversation provided by an unknown source?

I thought you said you had some good sources that backed up your claims. When are you going to present some of them?

Why are you so concerned with continuing the conversation if you think it's a myth? Feel free to move on to something more to your liking. Thou doth protest too much, perhaps?

House's quote is just one (big) piece of the puzzle that fits perfectly with the rest of the information. You're doing a terrible deflection job but you are indeed sticking to the plausible deniability part like a champ. It all really does make sense since without the ownership of an individual's labor (and mind), none of the rest of the current economic system could sustain itself. There would be no legal jurisdiction to enforce anything like taxation or force a sovereign individual to abide by arbitrary "codes" and "statutes", especially in light of the original Bill of Rights. Something must bind a living man or woman to the arbitrary system. What most don't realize is that it's their own signatures that voluntarily do it.

Or in the case of the BC, the mother's signature and the signatures of the various other officials. The document then creates a trust. And whaddyaknow? The Hague Convention covers that part too!
https://www.hcch.net/en/instruments/...l-text/?cid=59