9269 Version 0.106 Lawyerdude1989@yahoo.com 888 476 8954 Saturday, July 19, 2008. 8/5/08. 2/23/09. 2/24/09.
This syllabus is: http://www.lawyerdude.netfirms.com/9269.html I incorporated what was in document 9131. 9131 is another syllabus. Http://www.lawyerdude.netfirms.com/9131.html
Syllabus for “Federal Reserve 101”
“Federal Reserve 101" is Copyrighted 2008 by Douglas Palaschak
Lawyerdude is a registered trademark of Attorney Douglas Palaschak
Here is a photograph of J P Morgan.
He is emblematic of all that is wrong with the money system.
Morgan Drexel is his progeny.
The great depression is his progeny.

Episode #2.
Sponsored by Aquarian Man. Got a question? Ask Lawyerdude!
Lawyerdude1989@yahoo.com 888 476 8954 Google for Lawyerdude. Look for me on YouTube.
Table of Contents:
Our Methodology: Cybernetics a/k/a systems analysis.
Critical Questions and Answers listed in order of importance toward optimizing our money system:
Gathering Information about banking.
I recommend a new superb methodology for gathering information: Google & Wiki.
I learned about banking the old fashioned hard way: By reading and taking formal courses.
How do other countries optimize/ regulate their money and banking systems?
The National Banking Act was created to fund the Civil War
Corporations developed a fetish for money. Why pay interest? They want their cake and to eat it too.
The growth cycle. The end state of a corporate endeavor is a public utility.
Marx questioned the virtue of absolute capitalism.
This syllabus is: http://www.lawyerdude.netfirms.com/9269.html
Images of J P Morgan: http://images.google.com/images?gbv=2&ndsp=20&hl=en&q=j+p+morgan&start=0&sa=N
Episode #1 of Federal Reserve 101: Short. http://www.youtube.com/watch?v=IF8r9fSF4TI
Script to Episode #2:
Video by Attorney Fielder: Part 10: http://www.youtube.com/watch?v=8xPnuEN3Fvg
My comments on PNJ Fielder and his video: http://www.lawyerdude.netfirms.com/9448.html
Fielder, Part 1: http://video.google.com/videoplay?docid=-4020719354420953428&hl=en Populist lawyer, Gary Fielder, presents “The Gig Is Up: Money, the Federal Reserve and You. Live from Wolfe Hall at The University of Colorado School of Law, on December 4, 2008, Mr. Fielder, a criminal and constitutional lawyer from Denver, Colorado, presents a power point and video presentation on the creation of money with an historical analysis of our current banking system. With quotes from Ben Franklin, Thomas Jefferson, Abe Lincoln, Ron Paul, Dennis Kucinich and many others, Fielder makes his case to abolish the Federal Reserve and return to a sound and honest money system. Fractional Reserve Banking. Currency. Amero. World Government. International Banking. www.gigisup.net Produced by Jack Creamer, Side 3 Studios, Denver, Colorado. Video edits by Jonathan Ellinoff. Technical Assistant, Rye Miller. This video is for educational purposes only. Admission was not charged, nor will any effort be made to profit from its production or sale. The DVD is free.«
Google for Federal Reserve videos: http://www.youtube.com/results?search=related&search_query=Federal%20Reserve%20money%20bail%20out%20Gary%20Fielder%20We%20Are%20Change%20Colorado%20banking%20inflation%20deflation%20interest%20rate%2013th%20amendment%20income%20tax%20power%20government%20control&v=8xPnuEN3Fvg&page=2
The London Connection: http://christianparty.net/frb.htm
1. Wikipedia, as accessed through Google by adding “wiki” to the query.
2. http://en.wikipedia.org/wiki/Federal_Reserve
3. Speers, Verl, Pied Pipers of Babylon, page 177, talks about the Federal Reserve. Available online at http://myfreefilehosting.com/f/3639961976_16.01MB
4. Chernow, Biography of Warburg.
5. Chernow, House of Morgan.
6. Griffin, The Creature from Jekyll Island
7. Greider, William, Secrets of the Temple
8. http://en.wikipedia.org/wiki/Bank_of_England
9. http://en.wikipedia.org/wiki/Yakuza
10. http://en.wikipedia.org/wiki/Bank_of_Japan
1. The evil banker J P Morgan. The Federal Reserve was designed to replace him. It passed 6 months after he died.
2. Senator Nelson Aldrich
3. Banker Paul Warburg from the Reichbank
4. 6 banking houses.
5. Speculators such as Jim Cramer and his buddy Spitzer/ candidate for Hillary’s VP.
6. Corporate executives.
7. Monopolists
1. Our money system can by upgraded.
2. Evil people are stealing from us through our financial systems.
3. Cybernetics is the science of “systems analysis”
4. “Macro-psychology” ( a term coined by Doug Palaschak around 1999) tells us that human psychological traits manifest as traits in corporation.
Our Methodology: Cybernetics a/k/a systems analysis.
“Cybernetics” is a word that I have rarely used. A easier term is “systems analysis” which emphasizes the study of the several interlocking sciences that present themselves in the consideration of complex problems. Sadly the term itself has been degraded by the military industrial complex. It also is a euphemism that military contractors use to describe work done by retired soldiers with no education masquerading as engineering contractors/ consultants.
From http://en.wikipedia.org/wiki/Cybernetics :
Cybernetics is the interdisciplinary study of the structure of regulatory systems. Cybernetics is closely related to control theory and systems theory. Both in its origins and in its evolution in the second-half of the 20th century, cybernetics is equally applicable to physical and social (that is, language-based) systems. Cybernetics is preeminent when the system under scrutiny is involved in a closed signal loop, where action by the system in an environment causes some change in the environment and that change is manifest to the system via information/feedback that causes changes in the way the system then behaves, and all this in service of a goal or goals. This "circular causal" relationship is necessary and sufficient for a cybernetic perspective.[citation needed]
Example of cybernetic thinking. On the one hand a company is approached as a system in an environment. On the other hand cybernetic factory can be modeled as a control system. Contemporary cybernetics began as an interdisciplinary study connecting the fields of control systems, electrical network theory, mechanical engineering, logic modeling, evolutionary biology, neuroscience, anthropology, and psychology in the 1940s, often attributed to the Macy Conferences.
One of the theories that we use in Engineering is this: It is easy to mathematically optimize toward a single goal; the complication arises when we have competing goals. In the area of Constitutional Law we talk about “competing societal goals”. In our study of the banking system we encounter competing societal goals. We see that the systems that we have established over the years are failing us now; we have permitted the greed of the major players to impair the functioning of our systems.
Critical Questions and Answers listed in order of importance toward optimizing our money system:
1. What are our goals? Our goals are:
a. To provide a pleasant life for us all.
b. To prevent injustice, unfairness, theft, abuse by greedy people.
2. What are the generalized problems? The problems are:
a. The government takes too much of our money.
b. The government wages war badly
c. The government takes our hard earned money and gives it to the corporations.
d. Our representation has become diluted as the population increased.
e. Corporations have attained the same rights as humans. This happened in 1886 with the Santa Clara case.
f. Our legislators listen to corporation and the wealthy; they ignore us.
g. Corporations exist only to make money.
h. Corporations evolve into a monarchy run by the CEO; the boards and shareholders are apathetic dumbasses. Example: Our Farmer’s Elevator, our local phone cooperative and our local Insurance Cooperative. They were all run by uneducated apathetic pathetic farmers. All three perished and were taken over by greedy insiders.
i. The following problems always go hand in hand:
i. war
ii. national banks
iv. withholding money from our paychecks
v. currency deflation/ manipulation
3. What are the generalized solutions? The solutions are:
a. If the cause is human weakness then we must institute systems to account for human weakness and protect us from our own weakness.
4. What is one specific problem?
5. What are the solutions to that problem?
7. I have kids to feed.
9. What is the federal reserve?
10. When and why was it created?
11. What do other countries do?
12. What is wrong with the federal reserve?
13. Does it help you?
14. The 6 old banking families. J P Morgan.
15. Can we fix the federal reserve?
16. Your access to credit; your access to the money stream at the printing press.
17. Paper money.
18. The guy mining gold in a stream in Oregon.
19. The government printing press.
20. Putting the money into circulation.
21. The cartoon about creation of money. "Taking into consideration everyone on the island, as a whole, he thought, "are we capable of meeting our obligations? Olivier turned out a total of $1000. He's asking in return $1080. But even if we bring him every dollar bill on the island we'll still be $80 short. Nobody made the extra $80. We turn out produce, not dollar bills. So Olivier can take over the entire island since all the inhabitants together can't pay him back the total amount of capital and interest.
22. The book: The House of Morgan.
23. The farm loan act. http://en.wikipedia.org/wiki/Federal_Farm_Loan_Act Federal Farm Loan Act. From Wikipedia, the free encyclopedia. (November 2008) Federal Farm Loan Act of 1916 is a United States federal law that established twelve regional Farm Loan Banks to serve members of Farm Loan Associations. The act was signed into law by President Woodrow Wilson. Under the act, farmers could borrow up to 50% of the value of their land and 20% of the value of their improvements. Each bank was given an initial $500,000 deposit of Federal funds to use. The biggest benefit of the act was to allow small farmers to be more competitive with larger businesses. Banks were to provide loans at a competitive rate to small businessmen. What should also be noted is that this act furthered Wilson's policy against trusts and big business because by providing these small farmers and business men with competitive loans the small business men could now compete with big business, thus decreasing the risk of a massive trust and monopoly dominating any single market. Sponsored by Sen. Henry F. Hollis (D) of New Hampshire and Rep. Asbury F. Lever (D) of South Carolina, it was a reintroduced version of the Hollis-Bulkley Act of 1914 that hadn't passed Congress due to Wilson's opposition. This United States federal legislation article is a stub. Categories: 1916 in law | United States federal banking legislation | 1916 in the United States | United States federal legislation stubs
24. The Federal Reserve failed to help in the Great Depression of the 1930's. In fact the stock market failed due to borrowed money.
25. Equal access to money. Why filter it through the federal reserve.
26. Bank functions: Cashing checks.
27. Mint actually minted your gold.
Gathering Information about banking.
What I am doing (gathering information about national banking) has been done before. Senator Nelson Aldrich spent two years wasting our tax dollars in Europe around 1908 and 1909. Ostensibly he was investigating their money systems. Aldrich was an evil man from one of the evil Eastern states, Rhode Island. Aldrich has investments then in the Belgian Congo. They used slaves then. Back in 1910 there were only 46 states in the United States. In 1910 Aldrich introduced a bill providing for an income tax. He was a Senator. Bills are supposed to be introduced by the House, not the Senate.
If it is not broke, then don’t fix it. They should have followed that advice. There was a “bank panic” in 1907 but it was caused by J P Morgan. He later claimed credit for fixing the panic.
I recommend a new superb methodology for gathering information: Google & Wiki.
Humans are by nature lazy and resistant to change. Specifically they don’t sufficiently embrace Google/ Wiki as an instrument of education.
I learned about banking the old fashioned hard way: By reading and taking formal courses.
My personal study of the banking system began back at the University of Illinois in 1967 when I took “Economics 101". There was not a word breathed about Kennedy’s Executive Order 11101. Years later I read some books at the Ventura library. One of them was called “House of Morgan” by Chertow. He also wrote “House of Warburg”. I have 3 fat books on the subject now. I read some of them at the library. Previous versions that I bought are in storage. Recently I bought them on the internet. They are:
House of Morgan, How the Federal Reserve Runs the Country, and The Creature from Jeckyl Island.
In Law School we read cases pertaining to national banking. Banking is not tested on the bar exam.
Our task is easier today. Aldrich in 1910 traveled to Europe. In the 1980's I traveled to the library to get the same information, but most of us did not have access to good libraries. In 2005 the information highway reached us. We could now order paperback books online and pay for them online, but even better: We can now use Google to find all the information in the universe. Just add “wiki” to your query and you get the entry from Wikipedia.
How do other countries optimize/ regulate their money and banking systems?
Today we can educate ourselves about foreign central banks by using Google. Several systems come to mind. England has the Bank of England. Google for: Bank of England Wiki. You arrive at: http://en.wikipedia.org/wiki/Bank_of_England Japan central banks are run reputedly run by their organized crime families known at the Yakuza. Google for Jakuza wiki. You get: http://en.wikipedia.org/wiki/Yakuza That article does not support my statement.
History of Government Intrusion into the banking business and Conspiracy with the old Banking Cartels.
Central banking in the United States http://en.wikipedia.org/wiki/Federal_Reserve
Main article: History of central banking in the United States
The first institution with responsibilities of a central bank in the U.S. was the First Bank of the United States, chartered in 1791 by Alexander Hamilton. Its charter was not renewed in 1811. In 1816, the Second Bank of the United States was chartered. Early renewal of the bank's charter became the primary issue in the reelection of President Andrew Jackson. After Jackson, who was opposed to the central bank, was reelected, he pulled the government's funds out of the bank. Nicholas Biddle, President of the Second Bank of the United States, responded by contracting the money supply to pressure Jackson to renew the bank's charter. The country entered into a recession, and the bank blamed Jackson's policies. The bank's charter was not renewed in 1836. From 1837 to 1862, in the Free Banking Era there was no formal central bank. From 1862 to 1913, a system of national banks was instituted by the 1863 National Banking Act. A series of bank panics, in 1873, 1893, and 1907 provided strong demand for the creation of a centralized banking system.
The timeline of central banking in the United States is as follows:
1791-1811 : First Bank of the United States
1811-1816: No central bank
1816-1836: Second Bank of the United States
1837-1862: Free Bank Era
1863-1913: National Banks
1913- Creation of the Federal Reserve to the Present
The National Banking Act was created to fund the Civil War
President Lincoln needed money to fight the civil war. Congress created a national bank system. The following items always go hand in hand:
1 war
2 national banks
4 withholding money from our paychecks
5 currency deflation/ manipulation
National Banking Act - http://en.wikipedia.org/wiki/National_Banking_Act From Wikipedia, the free encyclopedia
The National Bank Act (ch. 58, 12 Stat. 665, February 25, 1863) was a United States federal law that established a system of national charters for banks. It encouraged development of a national currency based on bank holdings of U.S. Treasury securities. It also established the Office of the Comptroller of the Currency (OCC) as part of the Department of the Treasury. This was to establish a national security holding body for the existence of the monetary policy of the state. The Act, together with Abraham Lincoln's issuance of "greenbacks," raised money for the federal government in the American Civil War by enticing banks to buy federal bonds and taxed state bonds out of existence. The law proved defective and was replaced by the National Bank Act of 1864. The money was used to fund the Union army in the fight against the Confederacy. This authorized the OCC to examine and regulate nationally-chartered banks.
The act barely passed in the Senate by a 23-21 vote.
A later act, passed on March 3, 1865, imposed a tax of 10% on the notes of State banks to take effect on July 1, 1866. The tax effectively forced all non-federal currency from circulation and increased the number of national banks to 1,644 by October 1866.
The next major changes to bank regulation in the United States appeared in 1908 with the enactment of the Aldrich-Vreeland Act.
Corporations developed a fetish for money. Why pay interest? They want their cake and to eat it too.
The concept of interest is very similar to the mafia concept of “vig” or vigorish. It is a pretext to penalize you for what everybody needs: money. Some people simply give money away. Others charge interest. The government often simply gives money away. Banks charge interest. The interest is necessary to provide the market to determine the best allocation of limited money, but that all changes when we have a printing press to make all the money that we need. In a printing press economy then we should all have equal access to the printing press. Banks have denied us equal access by blocking access to the printing press. They do this by the Federal Reserve. President Kennedy bypassed the federal reserve with his red letter currency which was printed at the command of the government. It bypassed the Federal Reserve.
The growth cycle. The end state of a corporate endeavor is a public utility.
I forget the example now, but American History teaches that a corporation can evolve into a public utility. A national bank is the assumption by the government of a function that was previously performed by private banks in a free market regime.
Marx questioned the virtue of absolute capitalism.
Of course the problem is not absolute capitalism but the bad policy of permitting capitalists to reap obscene profits while providing tax dollars to insure them against failure. Why would we make the taxpayers bear the risk? Answer: because we fear the alternative which is perceived to be partial unemployment.
From http://en.wikipedia.org/wiki/Das_Kapital The central driving force of capitalism, according to Marx, was in the exploitation and alienation of labour. The ultimate source of the new profits and value-added was that employers paid workers the market value of their labour-capacity, but the value of the commodities workers produced exceeded that market value. Employers were entitled to appropriate the new output value because of their ownership of the productive capital assets. By producing output as capital for the employers, the workers constantly reproduced the condition of capitalism by their labour.
However, though Marx is very concerned with the social aspects of commerce, his book is not an ethical treatise, but an attempt to explain the objective "laws of motion" of the capitalist system as a whole, its origins and future. He aims to reveal the causes and dynamics of the accumulation of capital, the growth of wage labour, the transformation of the workplace, the concentration of capital, competition, the banking and credit system, the tendency of the rate of profit to decline, land-rents and many other things.
Marx viewed the commodity as the "cell-form" or building unit of capitalist society—it is an object useful to somebody else, but with a trading value for the owner. Because commercial transactions implied no particular morality beyond that required to settle transactions, the growth of markets caused the economic sphere and the moral-legal sphere to become separated in society: subjective moral value becomes separated from objective economic value. Political economy, which was originally thought of as a "moral science" concerned with the just distribution of wealth, or as a "political arithmetick" for tax collection, gave way to the separate disciplines of economic science, law and ethics.
Marx believed the political economists could study the scientific laws of capitalism in an "objective" way, because the expansion of markets had in reality objectified most economic relations: the cash nexus stripped away all previous religious and political illusions (only to replace them, however, with another kind of illusion—commodity fetishism). Marx also says that he viewed "the economic formation of society as a process of natural history". The growth of commerce happened as a process which no individuals could control or direct, creating an enormously complex web of social interconnections globally. Thus a "society" was formed "economically" before people actually began to consciously master the enormous productive capacity and interconnections they had created, in order to put it collectively to the best use.
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