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To: george76

The Federal reserve is not a part of the government as it is often protrayed, but a privately owned corporation. Further as it not a part of government the Nero comparision is not particularly apt.


3 posted on 10/01/2013 9:58:40 AM PDT by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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To: Durus
The Federal reserve is not a part of the government as it is often protrayed, but a privately owned corporation.

They made $91 billion last year and gave $89 billion to the US Treasury. Private? LOL!

4 posted on 10/01/2013 10:03:36 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Durus

Gimme a break! The Fed may be “privately” owned... but it is definitely part of the government (Hmmm??? maybe the government’s also privately owned? But I digress)! And who appoints the Fed chief? Who’s bidding is Bernanke doing???)... government or not, the Fed does monetary policy, and their policies are robbing us everyday by devaluing the dollar and with it our labor... Nero is an amateur compared to Bernanke. Nero actually had to measure the silver and gold to devalue the coins, Bernanke creates billion$ with a few keystrokes... and gives to the “dreaded” 1%, who Obama hates! Such is QE.


7 posted on 10/01/2013 10:13:46 AM PDT by FiddlePig
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