Thank you for your thoughts. Admittedly, finance is not my strong suit.
I know that Lincoln printed money during the Civil War (the Greenbacks) and that others such as Thaddeus Stevens thought that the mint rather than banks should print money.
The one thing that aggravates me about this subject, though, is when people invoke the Communist Manifesto as authorizing something like the Fed. The CM calls for a state bank, not a "private" bank. One would think that a private bank would be the antithesis of what Marx wanted. What he was describing was something like a nationalized Fed (which was actually advocated by Father Coughlin in the Thirties).
Thank you again.
I suppose but then again Marx was a Liar and said it was acceptable to Lie to achieve their goals, kind of like the Muslims they too say it is acceptable to Lie. Have you ever watched the film the capitalist conspiracy?
This is an excellent video. If you have read End Run or you know anything at all about the people who want a New World Order this is a must watch. Think Goldman Sachs, JP Morgan, Federal Reserve. It seems perplexing to people that firms like Goldman Sachs, JP Morgan donated so heavily to Obama.
Well to those who realize it these banks funded Acorn, Black Panthers, etc. Rather interesting combination of characters this film explains the usefulness and the real agenda of doing so.
It seems to be in direct contrast to rational thought that they would indeed help destroy Capitalism but these men are not true Capitalists they are Socialists with the desire to rule the world. This film explains it all.
Make it look like Government Control to keep it in their hands! Exactly what we see Obama doing now. It explains the role of The Council of Foreign Relations, the use of mainstream news. This is a must watch video take the time and watch it all.
The Secret Truth About Karl Marx and His Disciples
http://www.marketoracle.co.uk/Article14535.html
Government Is Trying to Make Bailouts for the Giant Banks PERMANENT
http://www.washingtonsblog.com/2009/10/government-trying-to-create-permanent.html
http://www.garynorth.com/public/5156.cfm
http://www.theendrun.com/2009/clinton-quigley-and-the-new-world-order/
http://www.nlpc.org/stories/2009/09/15/jpmorgan-chase-asked-stop-funding-acorn
http://www.nlpc.org/stories/2009/09/21/bank-america-acorn-partner-and-major-funder
http://www.nlpc.org/stories/2009/09/27/taxpayer-owned-citigroup-still-bankrolling-acorn
http://www.opensecrets.org/orgs/summary.php?id=D000000085
Some say the Greenbacks were what got Lincoln shot.
Take a look at the United States Notes released in 1963 before Kennedy was shot.
http://cgi.ebay.com/1963-XF-Condition-5-United-States-Note-Red-Seal_W0QQitemZ300375266871QQcmdZViewItemQQptZLH_DefaultDomain_0?hash=item45efc2d637
One of LBJs first acts was to take the United States Notes out of circulation.
http://www.john-f-kennedy.net/thefederalreserve.htm
That link is for those tolerant of conspiracy theories.