Talk about the FED, and people’s eyes glaze over.
Yet the FED is the most important pillar of Progressive Gov’t. It was formed before the 17th amendment, before the “New Deal,” before Social Security, and certainly before the alphabet soup of Washington regulatory agencies.
IF the Federal Reserve did not exist, none of these other things would have been possible. Remove the Federal Reserve, and the State will shrink to the size and function originally intended in the Constitution.
posted on 01/09/2013 10:50:17 AM PST
I could be mistaken. The Federal Reserve Act of 1913 granted the Federal Reserve Bank a 100 year charter to operate and in order to renew that charter requires Congressional approval, thus introduction of new legislation. Must be another Bankster cartel secret or it's already been renewed because no one is discussing this issue. Oh yeah, that's in the constitution and the constitution no longer matters to those in control of the US government.
posted on 01/09/2013 11:04:02 AM PST
"Monetary policy should have One objective - Stability. Simple, clear, unambiguous, stability. And inflation? 0%. Not 1.0% or 4.5%, but zero."
BTTT! But seriously, that will never happen without repegging the currency to something real. Maybe gold's not ideal, but a basket of PM's or basic inputs would work.
posted on 01/09/2013 11:41:19 AM PST
(Lowest Common Denominator 2012 - because liberty and prosperity were overrated)
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