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I realize that! But it does NOT make it legal. The Fed has ZERO authorization to spend money - that responsibility lies soley with the House of Representatives. Not even the Senate can spend money.
Originally posted by sos37
Can someone answer this question - hypothetically speaking, what would happen if the Federal Reserve were abolished? How would that affect our country's economy?
I honestly really don't have a clue and I worry that it's downfall would do a great deal of harm. Is it one of those necessary evils that's propping up our fragile economy right now?
Originally posted by Izarith
I would Star and flag this thread but I can't get passed the horror of this being News to some people.
Morpheus: The Matrix is everywhere. It is all around us. Even now, in this very room. You can see it when you look out your window or when you turn on your television. You can feel it when you go to work... when you go to church... when you pay your taxes. It is the world that has been pulled over your eyes to blind you from the truth.
Neo: What truth?
Morpheus: That you are a slave, Neo. Like everyone else you were born into bondage. Into a prison that you cannot taste or see or touch. A prison for your mind.