posted on Apr, 22 2011 @ 12:13 AM
I know it is unpopular to say anything nice about the federal reserve system,
but with your indulgence I would like to do so only to throw some light on our polticians.
Without a seperate entity charging interest on the money spent by a government
we would have a situation like the middle ages
where everytime the country was broke the peasants would be blamed and squeezed.
With a federal reserve system that is seperated from our political representatives in Washington D.C.
the squandering of our treasury can only be hidden for so long before creative book keeping starts to fracture.
What I find interesting is how many people blame the Fed for keeping record of our debt
and not the representatives who, over generations, have squandered it.
/ok I'm done. We may now resume our regularly schedualed broad brush anger strokes.