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To: BereanBrain
What I mean by arbitrary is not that the category changes from asset to liability, but that which category it falls into does not in many cases, make sense.

Great, which category in post #78 is arbitrary or proves your $14 trillion claim?

the easiest way to cook them is recognizing income/assets/liabilities in the wrong manner.

And that makes your $14 trillion claim correct?

If the Fed and the Government were audited

The Fed is audited, every year.

And you seem to assume (in the face of history) that these folks are truth tellers. I take their balance sheet as a fabrication.

So far, their batting average is higher than yours.

160 posted on 03/11/2014 3:16:56 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

Ok, you put your faith in the people who ADMITTED they caused the Great Depression and I will put my faith in the “Show Me” philosophy.

And there IS a difference in WHO is auditing...I don’t care for their auditors...When I suggested audit, I meant by someone not connected to the existing food chain.

It matters WHO audits....its seems like you believe the pat answer for everything.

No, I don’t believe time share condos are a good investment, neither do I believe in audits by non independent entities.


161 posted on 03/11/2014 3:45:31 PM PDT by BereanBrain
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To: Toddsterpatriot

A good question is — why do you like the Fed? Why should a private corporation control our money supply?


162 posted on 03/11/2014 3:46:50 PM PDT by BereanBrain
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