Define the word "most". How can you trust that they don't fumble the books and make it whatever number they want. How can you trust a criminal mind to honor the deal ? You gotta be crazy to trust these people. Why is business done with these international bankers when we don't need them at all. Why are we cutting them in when we don't have to, this is crazy
I don't know about the European banker conspiracy. What I do know is... it is way too easy for our bloated government to go and get cash and think about it later. As a conservative and a believer in free markets, I say to hell with the Fed. No plausible reason to not let us have a look at the books either. It's our debt.
I honestly believe (and yes go ahead and assume I am crazy) I think that if congress got together to destroy the FED. The Federal Reserve would overnight destroy entire US economy. Overnight. They would do this as last act of revenge. These guys are very dangerous. :eek:
krazykarl you keep embarrassing yourself Why the need for FED secrecy, why not audit if there is nothing to hide. Answer that one Mr. I post pics because I am dumb
Right, but that's plain silly, achilles... If I lend myself 10 bucks at 10% daily interest and then pay myself 11 bucks back tomorrow, where have I suffered anything, apart from, potentially, what you call "debasement"? Furthermore, if you're unhappy about the government issuing treasuries and spending the proceeds in an unproductive fashion, what does that have to do with the Fed? Fix your dysfunctional government... Finally, your objection to me sounds analogous to complaining about the IRS while loving the idea of income taxes. If you like the idea of taxes, you'd better accept the costs of running the IRS. If you like the idea of a monetary economy with a unified medium of exchange, you'd better accept the costs of running a Central Bank. If, on the other hand, you think the whole conceptual framework is wrong, there's no point having a discussion. Mine wasn't really a question, but point taken. Apologies.
And who will audit congress? Congress auditing the Fed is like Arthur Andersen auditing Enron. Don't expect much truth!
I am informed I assure you... And I am not a paid Fed shill, I am the Big Benny B himself, here to chat to you, HiF, and to spread the word. Not correct, to the best of my knowledge...
The fed is routinely "audited" by congress - why do you think it's not? Did you read some crazy blog article somewhere that gave you the false impression that the Fed is totally a private entity instead of the handful of entities, public and private, that actually comprise the Fed? Congress can see anything they want in the Fed's books, regardless if it's in one of the public entities or the private entities. Just subpoena it, bam, a few days later they have whatever they want. Fact is you appear to be a troll, and an uneducated one at that. Please go back to the yahoo boards.