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FAQ

I am under the opinion that the Federal Reserve System and our Banking industry has gotten us into this huge financial mess we are in today.I am also under the opinion that the Federal Reserve System as well as our Banking Industry needs to be under a much closer eye then they are today. In our Banking Industry, that can be a combination of private enterprise and far tighter government oversight and control. Our Federal Reserve System needs to be totally transparent and a public entity, instead of what it is now, a private one where not even our government knows who all the players are, or what really goes on behind their closed doors.Your input please.

It will have to be soon. The fractional reserve system has failed or succeeded depending how you look at it. There cannot ever be the unending growth that this system requires. It is a Ponzi scheme that have benefited the big world banking families until now. The population growth and the US consumerist society kept the balls in the air but can no longer do so. In part because of the 'new' derivitives market has created more debt than the total amount of money in the worldMany past Presidents have spoken about the banking cabal and a couple died after trying to nationalize our moneyAndy Jackson only had three attempts on his life though. We live in interesting timesglad I am not young so won't have to see the worst of the impending reorganization. I was in South America in the 70s when Argentina went down. NOT pretty!

I see many computer UPS out in the market, but do UPS meant for whole houses exist? I live in a small town, and we have brownouts often, lasting for a split second up to 20 seconds at a time. A lot of our electronics get messed up 'coz of this. We also have a back-up generator. Is there a way to connect the generator to the UPS so that if we get a blackout lasting for hours at a time, we have time to turn on the generator without power dying.

Yes, You can use of heavy powered commercial UPS for your whole Houses. But it's so Very expensive for using in the whole house. As you are asking, you can also connect Riello UPS products from your generator directly.

I live in houston, tx and my husband went to jail. I have a notarized durable power of attorney but the bank will not let me deposit his check in my bank because he doesn't sign on my account. He doesn't have a bank account. What can I do? He needs this money to post bail or get an attorney.

It would be legal for the bank to accept it, but no law forces them to do so. Your best bet is probably to take the check, plus the actual signed power of attorney, to the bank on which the check is written, and cash it. Then you can deposit the check into your own bank. Alternatively, have you tried just depositing the check into your bank through the ATM machine and not going through the semi-literate teenager at the counter at all? Richard

1. Should a bank go bankrupt what will happen to all your money?2. If you have a loan THEN the bank goes bankrupt, what'll happen to the loan?3. I heard you can gain political power by controlling the banks as politican, how does it work?Simple summaries please,Thanks in advance.

1 If its member of FDIC you can get back up to 250K 2 The banks are interconnected they bank who gave you the loan they might have sold it to other banks or entities. 3. I am not sure

i was wondering if an example of concurrent power would be to charter banks?

No, don't think so. The two are somewhat related and do meet at times but the relation is more complex

Can supporters of the privately-owned Federal Reserve Bank and it's governmental partner the IRS, explain how this partnership improve and benefits the lives of the average American?

I've need heard of a NON FOR PROFIT private corporation. The Federal Reserve is by all means an extension of capitalism, since when people demand debt then debt is sold. I would support getting rid of anything that is an extension of capitalism. There is $14 trillion of money circulation. I would gladly contract the money supply and let people see what real capitalism is; based on artificial scarcities and having elites control the money supply. If you abolished fractional reserve banking, that means the $93 trillion of us assets circulating aroun the world will become virtually worthless and we will enter a depression. I guess that's great though, because once we get out of the depression, at least we will have state banks controlling the $300 billion of gold that will be in circulation, and at least the government can't represent the interests of the working class.

?

They got in trouble through bad business practices and continue to do the same

I have this wild idea of powering a window unit from a battery bank. not 100% about how i would charge the batteries but just a crazy idea. Any suggestions on how i might be able to do it?

This was in Cars and Transportation so I assume you want to install the A/C in a vehicle. This is just a wild suggestion, but maybe you could put in the type of A/C that is made for travel trailers or custom vans. They are the type that mount to the roof. I'm fairly certain they run on 12 volts.