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To: PGR88

“They are the foundation of America’s progressive government, massive spending, and debt-based economy.”

Progressive legislation began in Teddy Roosevelt’s administration 1901-1909. The Federal Reserve Act wasn’t law until 1913.

Gov’t spending is controlled by Congress. And so is the amount of national debt. The Federal Reserve can’t spend a cent or issue a dollar of gov’t debt.


38 posted on 11/29/2017 12:39:13 PM PST by Pelham
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To: Pelham; PGR88

>
Progressive legislation began in Teddy Roosevelt’s administration 1901-1909. The Federal Reserve Act wasn’t law until 1913.

Gov’t spending is controlled by Congress. And so is the amount of national debt. The Federal Reserve can’t spend a cent or issue a dollar of gov’t debt.
>

And Congressional spending was once controlled by the Constitution.

But, IMO, I put more blame on our gre-gre-gra-parents for voting in the Communists


79 posted on 11/29/2017 4:08:35 PM PST by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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