Most think the Fed is some sort of beneficial Government organisation. It is not at all. It is privately owned since the big bankers put it together decades ago. Are these guys interested in Socialism or the welfare of the people ? Not likely. They are interested in pocketing even more money. How do they do this ? By the cycle of pumping and then dumping at the top. Where is the current cycle ? Now that is the million dollar question. Don't expect me to answer that one for you.
Funny... You seem to think that "Socialism" and "The welfare of the people" are correlated things. Nothing could be further from the truth... Socialism is the tool government officials and corrupt businessmen use to take money from the people promoting exactly the opposite of welfare. So, yes, the FED is a perfect example of Socialism since it is a private organization with very strong relations to the federal government, which promotes exactly the opposite of "welfare of the people".
%% Amen;Or until some simply kill the ''ACA TRAINWRECK '' [socialized med]. Twenty state AGs are in a lawsuit to do just that....========================================
%% True, comagnum,but USa still has huge freedoms/capital opportunities. Socialism has so much taxes/ gov goofs/control its a royal mess.A HIGH income gap means some made it; NO one in USA is poor compared to most of all the world.Thanks
The USA is not a democracy. It is a plutocracy. That means money orientated. The rich get richer and the poor- Well nobody except a few despicable libtards, gives a flying fuck about.