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To: Sequoyah101
Andrew Jackson had it right, the FED needs to go.

Old Hickory must have said it from his grave. He died in 1845, and the FED was created in 1913.

9 posted on 08/19/2011 8:42:40 AM PDT by Mind-numbed Robot (I retain the right to be inconsistent, contradictory and even flat-out wrong!)
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To: Mind-numbed Robot

Uh, you may want to brush up on your history a bit more. The Fed was first chartered by Washington against the wishes of both Madison and Jefferson. In fact, the charter pretty much ruined the friendships with Washington. Washington chartered the Fed out of a feeling of debt to Hamilton who had very tight connections with New York banking interests.

Jackson got rid of the Fed in the 1820s or somewhere around there.

Wilson rechartered it in 1913 during the frenzy of populism that also brought us the income tax and the change in how we get our spinators.


10 posted on 08/19/2011 9:50:13 AM PDT by Sequoyah101 (Half the people are below average.)
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