The Federal Reserve

Taxation is theft and currency manipulation is a crime

Independently. No question.

They shouldn’t exist at all

From best to worst...



1) Independently


2) Under Congressional oversight





































Way off the fricking list) Under executive power





You serious with this?

quote:

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Should The Federal Reserve operate independently or under Executive Power?

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No.

I'm going to side with Andrew Jackson on central banks.

quote:

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The entire control would necessarily fall into the hands of a few citizen stockholders. There is danger that a president and directors would then be able to elect themselves from year to year, and without responsibility or control manage the whole concerns of the bank. It is easy to conceive that great evils to our country and its institutions might flow from such a concentration of power in the hands of a few men irresponsible to the people.

There is nothing in its [the Bank’s] legitimate functions which makes it necessary or proper.

It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society–the farmers, mechanics, and laborers–who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their Government.

There are no necessary evils in government. Its evils exist only in its abuses. If it would confine itself to equal protection, and, as Heaven does its rains, shower its favors alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles.

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Don’t worry about the Fed.....
Signed,

Morgan Stanley, Citibank, Wells Fargo, Goldman Sachs, AIG, etc.