Andrew Maguire on KWN

Sat, Dec 13, 2014 - 11:59am

This weekend, please take time to visit the KWN site and listen to this latest interview of Andrew Maguire.

I think that it is extraordinarily important that you understand something before you listen to this:

Yes, I know Andrew Maguire and, yes, I consider him a friend. However, like many of your own relationships, that doesn't mean I talk to him every day. In fact, because we are both so busy, we haven't actually spoken in at least six months. Just an occasional email or text wishing well and vowing to "catch up" soon.

I tell you this up front because you need this perspective as you listen to the interview. Andy and I are not coordinating a message or in any way working in collaboration. Instead, what you have are two guys who, independently, have reached many of the same conclusions based upon years of experience.

Listen to this interview. You'll hear covered many of the exact same topics we discuss at TFMR on a daily basis. I must admit that, being just a dope with a MacBook in the middle of nowhere, I can't tell you how gratifying it is to hear an expert like Andy confirm so many of the theses we've been discussing here these past few months. To that end, IF ANDY AND I ARE CORRECT IN OUR INDEPENDENT ANALYSES, we all stand on the precipice of some historic changes in 2015.

Some of the text of the interview can be found here:

And here:

And the audio can be accessed here:

Please listen closely and give this interview thorough consideration. Then get ready for a wild end to 2014 and an unpredictable 2015.


About the Author

turd [at] tfmetalsreport [dot] com ()


Safety Dan
Dec 15, 2014 - 7:01pm



Home > About the Fed > Federal Reserve Act

Federal Reserve Act

Section 7. Division of Earnings

(a) Dividends And Surplus Funds Of Reserve Banks.

  1. Stockholder Dividends.
    1. In General. After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholders of the bank shall be entitled to receive an annual dividend of 6 percent on paid-in capital stock.
    2. Dividend Cumulative. The entitlement to dividends under subparagraph (A) shall be cumulative.
  2. Deposit Of Net Earnings In Surplus Fund. That portion of net earnings of each Federal reserve bank which remains after dividend claims under subparagraph (1)(A) have been fully met shall be deposited in the surplus fund of the bank.

(b) Transfer For Fiscal Year 2000.

  1. In General. The Federal reserve banks shall transfer from the surplus funds of such banks to the Board of Governors of the Federal Reserve System for transfer to the Secretary of the Treasury for deposit in the general fund of the Treasury, a total amount of $3,752,000,000 in fiscal year 2000.
  2. Allocated By Fed. Of the total amount required to be paid by the Federal reserve banks under paragraph (1) for fiscal year 2000, the Board shall determine the amount each such bank shall pay in such fiscal year.
  3. Replenishment Of Surplus Fund Prohibited. During fiscal year 2000, no Federal reserve bank may replenish such bank's surplus fund by the amount of any transfer by such bank under paragraph (1).

[12 USC 289. As amended by acts of March 3, 1919 (40 Stat. 1314); June 16, 1933 (48 Stat. 163); Aug. 10, 1993 (107 Stat. 337); Sept. 23, 1994 (108 Stat. 2291); and Nov. 29, 1999 (113 Stat. 1501A-304), which added this subsection (b) but failed to redesignate existing subsection (b) (12 USC 290).]

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(b) Use of Earnings Transferred To The Treasury. The net earnings derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against outstanding United States notes, or shall be applied to the reduction of the outstanding bonded indebtedness of the United States under regulations to be prescribed by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States and shall be similarly applied.

[12 USC 290. Part of original Federal Reserve Act; not amended. Designated subsection (b) by act of Aug. 10, 1993 (107 Stat. 337).]

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(c) Exemption From Taxation. Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.

[12 USC 531. Part of original Federal Reserve Act. Designated subsection (c) by act of Aug. 10, 1993 (107 Stat. 338).]

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Safety Dan
Dec 15, 2014 - 5:03am

America Naked! Bill HR 4681

America Naked! Bill HR 4681 Takes 1st, 4th, and 5th Amendment Rights

Video unavailable

H.R. 4681 Passes Congress – Justin Amash Calls It: “One of the Most Egregious Sections of Law I've Encountered ...

Liberty Blitzkrieg‎

Decency, security, and liberty alike demand that government officials shall be subjected to the same rules of conduct that are commands to the...

5 Awful Things Congress Snuck Into the Omnibus Budget Deal

5 Awful Things Congress Snuck Into the Omnibus Budget Deal
Safety Dan
Dec 15, 2014 - 4:52am

The Derivatives Nightmare &

The Derivatives Nightmare & Physical Precious Metals Moving From Weak Institutions To Strong Retail Hands — Rick Rule

Rick Rule, President, and Chief Executive Officer of Sprott US Holdings, Inc., joins us to talk about the Wall Street Derivatives nightmare, and as Rick outlines it, the real world move of PHYSICAL silver and gold from weak institutional hands to strong retail hands. We also discuss the many attributes of palladium and platinum and their place in your portfolio.

Sprott Global…

For REAL News & Information:

Safety Dan
Dec 15, 2014 - 4:51am

The collapse of the Dollar

The collapse of the Dollar and the Euro is a mathematical certainty.

Why a Dollar & Euro Collapse Is Guaranteed

​See this 2:30 video by StormCloudsGathering

Safety Dan
Dec 15, 2014 - 4:42am

Iranian hackers planning

Iranian hackers planning attack on U.S. energy firms and universities, FBI warns

The FBI has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, a confidential agency document reveals.

Wow. They are really cranking up the BOOGA BOOGA to get us to forget that torture scandal and revive the war agenda!!

Forget The Torture Report, When Will The False Flag Terror Report Come Out?

By: Blacklistednews

The release of the Torture Report was a political act, and the report itself is a whitewash.

Former Vice President Dick Cheney and others have given a pathetic and predictable defense of torture. By leaning on the false flag 9/11 events to morally, intellectually, and politically justify torture they have yet again revealed the emptiness of their arguments. They are using one crime to justify another one.

Safety Dan
Dec 15, 2014 - 4:36am

Bernie Sanders unveils plan

Bernie Sanders unveils plan to break up Wall Street banks

Sen. Bernie Sanders plans to introduce new legislation to break up Wall Street banks and prevent them from using the the House-passed spending bill to engage in the kind of investments that led to the 2008 financial crisis.

Stay out of small planes, Bernie!

Dec 15, 2014 - 2:03am

I hate to say this but...

In my book, Andy really dropped the ball recently when he didn't come out with a coherent public defense with regards to that columnist that accused him of blocking publication of his expose article. Yes, I like what he is saying now and yes it's great that he agrees with Turd but based on those past events I'm afraid I can no longer give the man much credibility. I'm still so disappointed in him that I couldn't even listen to this interview. Sorry Andy, you'll need to give us something pretty substantial and independently verifiable to get back in my good books. Am I over-reacting? I hope so.

mqharris4 oz
Dec 14, 2014 - 9:20pm


The video you posted contained an essay by Paul Harvey that was edited over time. The original from 1964 and the 1996 version(which your video contains) can be found in written format here:

It is still amazingly prophetic prose, just posting the correction for accuracy sake.

Thanks for sharing

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Dec 14, 2014 - 11:31am

Re: Daffy Dilly

Obviously where you got your moniker from :-)

J.P. Cubish
Dec 14, 2014 - 11:01am

Daffy Dilly

Sunday morning cartoons...

To help relax after the KWN interview.

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5/28 8:30 ET Q2 GDP 2nd guess
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