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To: Marine_Uncle
Quite the contrary, fundamentals are fundamentals. The quickest way to "fix" the Fed right now is not to abolish it, but to permit private note issue. Competition would instantly straighten it out. And as much as conservatives want to hate Wilson, the Fed was designed and drafted and outlined by small town bankers from 1910 to 1912 and developed by Taft. Wilson only signed the bill. We need to get out of the conspiracy mentality and look at real history.

Try Eugene White's book, "The Regulation and Reform of American Banking."

42 posted on 12/23/2013 4:36:47 PM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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To: LS
I may take you up on White's book in due time. As far as abolishing the FRB. I never suggested that. Where to deep in the doo doo at this point for such matters to be able to fix anything.

48 posted on 12/23/2013 4:49:09 PM PST by Marine_Uncle (Galt level is not far away......)
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