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To: hosepipe
A good conspiracy needs an element of truth, that's not easily debunked.

For example the Clinton legacy of mysterious deaths, at least sports a long list of deaths associated with the Clintons who died under suspicious circumstances with potentially valid motives.

This Fed stuff doesn't qualify. Too many facts are availble for checking and debunking.

Just like the claim that was made that "there's nothing Federal about the Federal Reserve", and I was instantly able to name many things about it's control structure and profit structure that are entirely Federal in nature.

Most of these Fed conspiracy theories make wild claims about who really owns and controls the FED. But the stockholders of the Federal Reserve banks are listed. And the control structure is unlike any other business. Each bank no matter how small in a Federal Reserve district gets one vote, no matter how much capital they have. No matter how much stock they bought. You'd have control a thousand banks in each district to have any influence.

And you can see the major stockholders of the various banks. It's in their public filings. And it's not the Rothchilds, and it's not Europeans.

It's just easily debunkable crap.

Then you start looking at the job the Fed did. And you compare it to what happened under the Gold standard when we had deflationary depressions every 20 years and the value of the dollar swung wildly, sometimes as much as 25% in some years. And you start appreciating the year to year stability to the dollar that the FED brings.

Then you look at the progress America has made over time under the Fed. And it's good.

37 posted on 03/21/2013 1:18:06 PM PDT by DannyTN
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To: DannyTN
Then you look at the progress America has made over time under the Fed. And it's good.
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The only progress in America for last hundred years has been by the public and private sector offerings..
IN SPITE of the Federal givernment.. and most State givernments..


40 posted on 03/21/2013 2:41:00 PM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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