reply to post by eldard
Wrong. All I ever did was draw on what you have said, here, and in other threads, for that matter, and what I found was equally underwhelming. I do
not try to "fake" intelligence as you put it, but if you think what you have just done is NOT an ad hominem, then it only proves you need some
You want to talk about drawing assumptions, yet AGAIN and AGAIN you assume
that somehow I have some upstanding faith in the unaccountability of
First, nowhere did I say I was pro-Fed, much less did I ever express "faith" in the actual system. I merely stated the intention of the Fed from its
conception, which, though you laugh, should be pretty obvious to anyone who passed grade school economics. I'm "assuming" you did.
You spat out Wikipedia earlier, so let's put you to the good old elf-serving bias test.
The System derives its authority and public purpose from the Federal Reserve Act passed by Congress in 1913. As an independent institution, the
Federal Reserve System has the authority to act on its own without prior approval from Congress or the President. The members of its Board of
Governors are appointed for long, staggered terms, limiting the influence of day-to-day political considerations.
There, I bolded the part that's so hard for you to understand. See it? I have sources
. No assumptions there. Also, your part about me throwing
insults for you believing in the NWO. Your other posts seemed to indicate that is true, so it is not an "assumption". Please, learn the
Second, saying our current "status-quo" system is better than a government-run system does not equal my support for the idea itself, just in terms
of relative function, the current Fed as it is would be better than your government-run central bank. Replacing it with nothing is of course, ideal,
but not immediately practical. There, I said it. Please do try to grasp it this time.
For a real demonstration of giving the power of the government to spend money into circulation via a central bank DIRECTLY, look at what happened to
Japan. Negative interest rates are more rosy than what we currently have, to you, I guess.
All in all, come back when you learn to debate and can make an empirically-backed argument. Please drop your double-standards, stop being a troll, and
pinning your own logical fallacies on other people.
[edit on 4-2-2009 by SpencerJ]