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Originally posted by tjeffersonsghost
Originally posted by 44soulslayer
Replace small time crooks with the biggest crooks known to mankind? No thanks.
How about you abolish the dinosaur that is the Fed instead?
Then who would control the money? What kinds of banking system would we have? Who controls the supply? You know...that small stuff?
Originally posted by SpencerJ
The Federal Reserve was deliberately set up to insulate itself from political change,
Created in 1913 by the enactment of the Federal Reserve Act, it is a quasi-public (government entity with private components) banking system
Originally posted by SpencerJ
I, on the other hand, can provide you with explanations on how a government-owned bank (a true central bank, unlike the Fed) would be worse. Care to start?
[edit on 3-2-2009 by SpencerJ]
Originally posted by SpencerJ
reply to post by eldard
I can see I'm trying to reason with someone that is so intelligent that they use ad hominems and logical fallacies to make their arguments. Well, it was good talking to you, troll.
Originally posted by SpencerJ
Oh, and just for the record, I'm not the one that wants to give complete financial control over to our government, who "clearly" has our best interests at heart. Hypocrite...much?
Originally posted by SpencerJ
Do any of you really realize how bad of an idea this really is? It would be worse than our current system. The Federal Reserve was deliberately set up to insulate itself from political change, and handing it over to the Treasury would just be another consolidation of power.
I admire Kucinich more than other Democrats, but this is just asinine.
Originally posted by SpencerJ
reply to post by eldard
First off...
See how annoying that is? Second, if you need a more reputable link: www.publiceye.org...
If that doesn't do it for you, go and get one sometime yourself. Here, I'll make it even easier: Let Me Google That For You
By the way, trumpeting out the fact that the Federal Reserve has private components (a fact I know, btw) does not demonstrate you understand the workings of it more than the sensationalist posts here that latch onto such fears of "privatization" "elite bankers" and the "NWO".
I, on the other hand, can provide you with explanations on how a government-owned bank (a true central bank, unlike the Fed) would be worse. Care to start?
[edit on 3-2-2009 by SpencerJ]