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To: arete
The Federal Reserve is incapable of accomplishing its stated objectives.

The Fed has accomplished all its objectives since '29.
It has prevented another crash and kept the monetary system functioning.

You forgott the Tin Foil Hat Alert"

So9

5 posted on 12/31/2003 8:47:08 PM PST by Servant of the 9 (A Goldwater Republican)
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To: Servant of the 9
The Fed has accomplished all its objectives since '29.

But the Fed was created in 1913.

It has prevented another crash

There haven't been any market crashes since 1929?

Or do you mean we haven't had another Depression? (which was the result of FDR's marxist economic policies)

and kept the monetary system functioning

Remind me how Bretton Woods worked out again.

6 posted on 12/31/2003 9:04:16 PM PST by AdamSelene235 (I always shoot for the moon......sometimes I hit London.- Von Braun)
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To: Servant of the 9
You forgott the Tin Foil Hat Alert

No need for a conspiracy alert. It is all fact and ignored by those how still believe in a benevolent "doing the people's work" government. It's all about money, power and control.

Richard W.

9 posted on 12/31/2003 9:16:29 PM PST by arete (Rebellion to tyrants is obedience to God.)
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To: Servant of the 9
"The Fed has accomplished all its objectives since '29. It has prevented another crash and kept the monetary system functioning."

. . . by lending more money, the interest(no principle) on which will be paid for from the taxable income of your children and your children's children. Sure it functions, but at the consequence of indenturing your offspring who will have no say so in the matter. Isn't that something like 'involuntary servitude?' Sure it is -- and in violation of A13.

Furthermore, banks don't lend billions unsecured. Look around you and see how much property and natural resources are already controlled by the UN.

Sometimes I get the feeling that our government is nothing more than a caretaker/guardian/trustee hired by the 'central bank.' ;<

I've an idea. Why not just refuse to pay the debt and tear up the mortgage they hold on our children? Then we can slowly get back to microphones or even gold and silver, the measure of true wealth and independence.

16 posted on 12/31/2003 10:08:46 PM PST by Eastbound
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To: Servant of the 9
"You forgott the Tin Foil Hat Alert"

Still warm and happy out there in La La Land, right?
37 posted on 01/01/2004 7:04:09 AM PST by RipSawyer (Mercy on a pore boy lemme have a dollar bill!)
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