Should We Kill the Fed?

Townhall ^ | April 03, 2009 | Patrick J. Buchanan

[Lady Jag]

Should We Kill the Fed?,

It's a good start.

[Brad from Tennessee]

Case Name
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctiverelief, actual damages, and punitive damages.

U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).

The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Plaintiff’s Lawyers Alexis, Hilary I. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Childers, Michael Allen (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Clayton, Fay (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cummings, Jeffrey Irvine (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Love, Sara Norris (Virginia)
FH-IL-0011-9000
Miner, Judson Hirsch (Illinois)
FH-IL-0011-7500 | FH-IL-0011-9000
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Wickert, John Henry (Illinois)
FH-IL-0011-9000

http://iusbvision.wordpress.com/2008/09/30/obama-sued-citibank-under-cra-to-force-it-to-make-bad-loans/

[wolfcreek]

Better hurry before the Fed and other agencies go under international control.

Oh, that’s right. The Fed was already under such control and always has been.

[wolfcreek]

Truth is Chris, I haven't seen anyone post an alternate opinion of what's going on.

Have you? I'd like to see how they're arguing this NWO stuff away.

[Toddsterpatriot]

Better hurry before the Fed and other agencies go under international control.

Oh, that’s right. The Fed was already under such control and always has been.

It's not the foreigners, it's the Jooooooos.

[wolfcreek]

Howdy, TP. Some are for sure.

[boomop1]

After the lawyers..

[dennisw]

Kill the Fed!!
Ron Paul should get the credit for making The Fed a current issue. Ron Paul also has a bill with 23 co-sponsors to audit the gold in Fort Knox

[FBD]

Should We Kill the Fed?
That’s a real question?
Should the “fed” have ever existed in the first place?

Why is our money system in the hands of international bankers? -That might be a better question to ask, of course, we know the answer: the “Federal” reserve is composed of international bankers. How else did foreign entities get $56 billion in TARP money?

[Toddsterpatriot]

Why is our money system in the hands of international bankers?

It's not.

How else did foreign entities get $56 billion in TARP money?

They were counterparties of AIG.

[gargoyle]

...SHHHHHH....

[Post Toasties]

Thanks for the response. I see now some of the reasons for your distrust of GWB and certain other Republicans. However, regardless of the poor judgment of several Republicans in some cases, they cannot be held responsible to nearly the same degree for the egregious financial wrongdoing that is the fault of Democrat Party presidents and Congressional members.

It is not that I am defending them. It is that I am refusing to lose sight of who the real political enemy is.

[SecAmndmt]

Not immediately.

We should get rid of legal tender laws and remove any barriers to individuals and businesses trading and paying taxes using commodity currency first.

Then we should gradually increase reserve ratios for banks and gradually remove government FDIC (taxpayer) protection for deposits.

Most importantly, there needs to be a campaign to educate the public about monetary policy and sound currency.

[To Hell With Poverty]

Anyone read Thomas Woods book "Meltdown." ?

Yes!! I just found out via Facebook that he's the same Tom Woods I knew from High School. He was our class valedictorian, and we had a couple classes together. So I am mucho proud of him. 8)

[ovrtaxt]

You’re welcome, and thanks for the polite address.

I suppose you can look at it that way, but in my opinion, the real enemy is the political elite of the two party system vs. the People of the Republic. We are governed without our consent. These ‘representatives’, most of whom are elected by fraud and media manipulation of the ignorant, have no interest in the good of the individual, but rather their special interests. Look at every election since 1988. We’ve really had no choice in the overall direction that was otherwise pre-determined for us. 94 was a fluke, and it didn’t survive for long.

The liberals scream about how politics is too much about money- I submit that it’s about power.

We have drifted leagues away from the Constitutional structure of America, since the elitist scum figured out how to circumvent it’s intent through linguistics and deceptive tricks of logic that the miseducated happily swallow.

The Fed (among other unConstitutional institutions) must be destroyed, if we’re to lay a legitimate foundation once again and return to the real America, not this behemoth that we’ve become.

[FightThePower!]

I’m sure Toddster, the board’s resident Fed employee will want to chime in.

[Toddsterpatriot]

How’s my favorite girl this morning?

[Grampa Dave]

What, we are seeing now, is history re the tax and spenders doing what they did in 1934. Check the banner on the wagon saying, "Young Pinkies from Columbia and Harvard". Now, we can add Yale and basically any other left wing university. *

* Thanks to Bob the Nailer for this heads up and scary trip down one of history's insane moments.

[kalee]

http://www.wikio.com/video/989240

Old cartoon about socialism worth seeing and passing on. Our country needs the reminder!

[Grampa Dave]

Thanks.

Please pass it on.

1934 was 4 years before I was born and decades before most American Voters.

This cartoon will be sent to my email list of young and more senior voters.