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To: surfer
I'm afraid it's you that is drinking the conspiracy koolaid. "All you have to do is understand who was behind the Fed, why they wanted it created and what happened with those people after the Fed was created."

Take a look at how the FED is organized, which directors are elected which are appointed. And the rules on that. How many votes a big bank gets vs a small bank. Who really owns the banks. It's all public information. Go to Finance.yahoo.com, and you can see the major shareholders of any publicly traded company.

When you understand that, you'll understand it's not the monster conspiracy nuts have made it out to be.

"Why else would you run an organization with absolutely no accountability or audit?"

Links to the audits were in the post you replied to. The FED absolutely has accountability and audits. And history shows they've done a good job.

It's in our enemies interest to destroy the Federal Reserve, not ours.

13 posted on 03/04/2011 7:37:25 AM PST by DannyTN
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To: DannyTN

The facts do not align with your statements.

You are spewing misleading propoganda.


16 posted on 03/04/2011 7:49:16 AM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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To: DannyTN

>> It’s in our enemies interest to destroy the Federal Reserve, not ours. <<

Agreed. But I think it’s an absolute waste of time when you try to have a rational discussion with the Paulbots, conspiracy theorists and gold-nuts. They have only the most superficial acquaintance with monetary history and policy. Moreover, to make matters worse, they aren’t about to put in the hours of study it would take to achieve true understanding of the issues. So if I were you, I wouldn’t expend any effort on attempting to persuade these folks.


22 posted on 03/04/2011 7:59:39 AM PST by Hawthorn
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