Difference between revisions of "United States Department of the Treasury"

From Conservapedia
Jump to navigation Jump to search
m (Reverted edits by Gregmiller (Talk) to last version by Philip J. Rayment)
Line 30: Line 30:
 
In 2003 some changes were made to the Department of the Treasury.  The [[Bureau of Alcohol, Tobacco and Firearms]] (ATF) was transferred to the [[Department of Justice]].  The ATF's duties of tax and trade functions remained with the Treasury.
 
In 2003 some changes were made to the Department of the Treasury.  The [[Bureau of Alcohol, Tobacco and Firearms]] (ATF) was transferred to the [[Department of Justice]].  The ATF's duties of tax and trade functions remained with the Treasury.
 
The Federal Law Enforcement Training Center, United States Customs Service and the [[United States Secret Service]] were transferred to the [[Department of Homeland Security]].
 
The Federal Law Enforcement Training Center, United States Customs Service and the [[United States Secret Service]] were transferred to the [[Department of Homeland Security]].
 +
 +
 +
==See Also==
 +
* [[American economic history]]
 +
* [[Essay:Invest in tangibles]] - [[:Category:Survivalism|Economic preparedness]]
 +
* [[Inflation]] versus [[Interest rate]]s / [[Rate of return]]-[[Expected return]]
 +
* [[Self-directed IRA]] and [[IRA]], [[401(k)]], Roth IRA, [[403(b)]], [[Retirement]], [[Social security]]
 +
 +
----
 +
 +
* [[:Category:Banksters|Banksters]]: [[MF Global]], [[Goldman Sachs]]
 +
 +
* [[National debt]]: [[Debt Ceiling]]-[[Deficit spending]] and the [[Federal Reserve System]]'s [[Ponzi scheme]] of [[Quantitative easing]]-[[Debt monetization]] [[devaluation]] of [[Fiat currency]] through [[Money supply]]-[[Treasury bill]]s bought mostly by [[China]] and [[Japan]]
 +
[[File:Shovelready.jpg|right|250px]]
 +
 +
* [[Globalization]], [[Globalism]], [[International Monetary Fund]], [[World Bank]]
 +
 +
* [[John Maynard Keynes]] [[liberal]] [[Keynesian economics]] and [[Fabian Socialism|Fabian Socialist]] influence on [[Barack Obama]]
 +
 +
* '''[[Big government | Big Government]]''': [[Liberal values|Liberal]] [[ObamaCare]]-[[Common Core]]-[[Social Security]] [[Welfare state]] leads to [[Nanny state]], leads to [[Gun control]], [[Militarization of police]], [[Asset forfeiture]] and Domestic [[mass surveillance]] of law-abiding [[citizen]]s via the '''[[Police state]]''': [[Globalist]]-[[United Nations]]-[[Statist]]-[[Socialist]]-[[National Socialist]]-[[Communist]]
 +
 +
 +
'''Contrast with:'''
 +
 +
* [[Ludwig von Mises]]' [[conservative]] [[libertarian]] [[Austrian economics]] and [[Fiscal conservatism]] -[[Capitalist]] [[Conservative economic policies]] of [[Ron Paul]]
 +
 +
* [[Gold standard]] and [[precious metal]]s
 +
 +
* [[Essay:Invest in tangibles|Invest in tangibles]] for [[:Category:Survivalism|Economic preparedness]]
 +
 +
* '''[[Limited government]]''' implies: [[Conservative values]]/[[Traditional values]] - [[Modern conservatism]] - [[Preparedness | Modern preparedness]] are the original [[American]] [[Patriot]] [[Founding Fathers]]' values
 +
 +
* [[Modern preparedness]]: "[[if times get tough, or even if then don't]]", [[Debt is financial cancer]], [[Tax is theft]], [[Renewable energy]], [[Financial security]], [[You are in control of your life]]
 +
 +
** [[Invest in tangibles]] - [[Rural]] [[farm]] [[land]], [[Tools]], [[Food storage]], [[Precious Metals]], [[Ammunition | Copper-jacketed lead]] and [[Firearms]]
 +
 +
** [[Agriculture]]-[[Permaculture]]: [[Growing your own food]], [[Food and water storage]]
 +
 +
 +
==References==
 +
{{reflist|2}}
 +
  
 
==External Links==
 
==External Links==
 
*[http://www.ustreas.gov/ Official Website]
 
*[http://www.ustreas.gov/ Official Website]
−
==References==
+
 
−
<references/>
 
  
 
[[category:United States]]
 
[[category:United States]]
 
[[category:Taxation]]
 
[[category:Taxation]]
 +
[[Category:Banksters]]
 +
[[Category:Banks]]
 +
[[Category:Finance]]
 +
[[Category:Economics]]

Revision as of 06:54, December 10, 2014

DepartmentofT.jpg

The United States Department of the Treasury is a Cabinet department. The Treasury was established by Congress in 1789 to help manage government revenue. The Department of the Treasury is administered by the Secretary of the Treasury and the Treasurer of the United States. The Secretary of the Treasury is a member of the President's United States Cabinet. The current Secretary of the Treasury is Timothy Geithner, who was nominated by President Barack Obama on November 21, 2008 and confirmed by the Senate on January 26, 2009.

The Department of the Treasury's mission is to "promote the conditions for prosperity and stability in the United States and encourage prosperity and stability in the rest of the world." [1]

History

While the Department of the Treasury was created in 1789, the Office of the Treasurer was created by the Continental Congress in 1775.

The first Secretary of the Treasury was Alexander Hamilton under President George Washington.

Duties

  • Manage Federal Finances
  • Collect taxes, duties and monies paid to and due to the United States
  • Produce postage stamps, currency and coinage
  • Manage the U.S. public debt
  • Supervise national banks
  • Advise on domestic and international financial policies
  • enforce Federal finance and tax laws

The Secretary of the Treasury is the principal economic advisor to the President and plays a critical role in policy-making by bringing an economic and government financial policy perspective to issues facing the government. The Secretary is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The Secretary oversees the activities of the Department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States Government; and in manufacturing coins and currency.

The Chief Financial Officer of the government, the Secretary serves as Chairman Pro Tempore of the President's Economic Policy Council, Chairman of the Boards and Managing Trustee of the Social Security and Medicare Trust Funds, and as U.S. Governor of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development.[2]

In order for Federal Reserve notes (e.g. paper money) to become legal tender they must be signed by both the Secretary of the Treasury and the Treasurer.

The United States Mint and Bureau of Engraving and Printing also fall under the Department of the Treasury's jurisdiction.[3]

Restructuring

In 2003 some changes were made to the Department of the Treasury. The Bureau of Alcohol, Tobacco and Firearms (ATF) was transferred to the Department of Justice. The ATF's duties of tax and trade functions remained with the Treasury. The Federal Law Enforcement Training Center, United States Customs Service and the United States Secret Service were transferred to the Department of Homeland Security.


See Also

Shovelready.jpg


Contrast with:


References

  1. ↑ Duties & Functions of the Treasury
  2. ↑ Duties & Functions
  3. ↑ Bureaus of the DoT


External Links

Retrieved from "https://www.conservapedia.com/index.php?title=United_States_Department_of_the_Treasury&oldid=1121972"