"Truth Series Part VIII" The Federal Reserve

In the new format of the Truth Series, the boys start the first
half hour or so discussing the latest events and news from QAnon,
and other sources. Remember, everything on these series episodes,
is the facts and if anything is speculation, it is noted during the
broadcast. What's Shred got for us this week? So much, that it is
our LONGEST episode to date.

QAnon is definitely back up on 8Kun and has been relatively active
as of late. Especially with all the fraudulent impeachment stuff
surrounding the President, as well as, all the whistleblower
stuff.
Also, Shred brings up that the Obama administration and the Trump
administration had basically given about 18 billion dollars, that's
billion with a B, to the City of Baltimore between 2008 in 2016 ...
So 10 years, over a 10-year period, they're given 18 billion.
That's a lot of money. He says he's sure we have some listeners in
Baltimore . This type of money spent on other cities have done
fantastically well with a tenth of that money, alright, I would
never give props to Governor Cuomo of New York, but he gave 18
million to the city of Buffalo and if you've ever been downtown
Buffalo, 10 years ago compared to now... Oh yeah, they've done lied
a lot with 18 million, they did. We're talking billions. So where'd
the money go? Did the Mayor of Baltimore go missing for some time?
Yep, she did. Interesting. President Trump gives his district of
Baltimore 2 billion dollars in federal aid... Okay, but they did
something really interesting with this federal aid. They digitally
ear-marked... So, they put digital markers on the actual money that
they were giving to the district. I guess where it didn't go, was
to the people.. it didn't go to the people, We don't know where it
went but it didn't go to the people or for improvement in the city.
Shred is pretty sure they paid off other constiuents to keep their
mouths shut with a portion of the money. (That is
speculation).

He then brings up the Red Cross and how a lot of these "non profit"
companies are actually "for profit". He relates it to you donating
blood, and then needing that blood later.. yes, your own blood. You
have to PAY FOR IT, through the hospital. This isn't free blood.
Just like "Locks of Love", the children that receive those hair
pieces, end up having to pay for them. Interesting. The American
Red Cross was found with bundles of CASH in their basement, by the
good ole FBI. Why would the Red Cross have cash stowed in their
basement?

The Federal Reserve is discussed for the second half of the
episode. How it began, why it was formed and more. Here's a little
snippet of exactly what it is, and how it's NOT a part of the US
Government. It's the central banking system of the United States of
America. It was created on December 23, 1913, with the enactment of
the Federal Reserve Act, after a series of financial panics
(particularly the panic of 1907) led to the desire for central
control of the monetary system in order to alleviate financial
crises. Over the years, events such as the Great Depression in the
1930's and the Great Recession during the 2000's have led to the
expansion of the roles and responsibilities of the Federal Reserve
System.

The U.S. Congress established three key objectives for monetary
policy in the Federal Reserve Act: maximizing employment,
stabilizing prices, and moderating long-term interest rates. The
first two objectives are sometimes referred to as the Federal
Reserve's dual mandate. Its duties have expanded over the years,
and currently also include supervising and regulating banks,
maintaining the stability of the financial system, and providing
financial services to depository institutions, the U.S. government,
and foreign official institutions. The Fed conducts research into
the economy and provides numerous publications, such as the Beige
Book and the FRED database.

The Federal Reserve System is composed of several layers. It is
governed by the presidentially appointed board of governors or
Federal Reserve Board. Twelve regional Federal Reserve Banks,
located in cities throughout the nation, regulate and oversee
privately owned commercial banks. Nationally chartered commercial
banks are required to hold stock in, and can elect some of the
board members of, the Federal Reserve Bank of their region. The
Federal Open Market Committee sets monetary policy. It consists of
all seven members of the board of governors and the twelve regional
Federal Reserve Bank presidents, though only five bank presidents
vote at a time (the president of the New York Fed and four others
who rotate through one-year voting terms). There are also various
advisory councils. Thus, the Federal Reserve System has both public
and private components. It has a structure unique among central
banks, and is also unusual in that the United States Department of
the Treasury, an entity outside of the central bank, prints the
currency used.

The federal government sets the salaries of the board's seven
governors, and it receives all the system's annual profits, after a
statutory dividend of 6% on member banks' capital investment is
paid, and an account surplus is maintained. In 2015, the Federal
Reserve earned a net income of $100.2 billion and transferred $97.7
billion to the U.S. Treasury. Although an instrument of the US
Government, the Federal Reserve System considers itself "an
independent central bank because its monetary policy decisions do
not have to be approved by the President or anyone else in the
executive or legislative branches of government, it does not
receive funding appropriated by Congress, and the terms of the
members of the board of governors span multiple presidential and
congressional terms." [Source: Wikipedia}

We know there's a bigger thing, there's a bigger thing going on,
but we can't put it all together just yet. But that is exactly why
we love creating these episodes for you.