End the Fed!

[CrusaderFrank]

Rep Massie just introduce a bill 110 years overdue, to End the Federal Reserve.

The Fed is NOT vital to the US economy, just the opposite. It's the worlds biggest financial vampire sucking the prosperity out of America

Here's what's happened to the value of the US$ since the creation of the Federal Reserve

The only time it gained in value was when Harding/Coolidge/Mellon gave them the gigantic double middle finger

 

[Toddsterpatriot]

Rep Massie just introduce a bill 110 years overdue, to End the Federal Reserve.

The Fed is NOT vital to the US economy, just the opposite. It's the worlds biggest financial vampire sucking the prosperity out of America

Here's what's happened to the value of the US$ since the creation of the Federal Reserve

The only time it gained in value was when Harding/Coolidge.Mellon gave them the gigantic double middle finger

Who will be the lender of last resort?

 

[sparky]

The Fed is NOT vital to the US economy, just the opposite. It's the worlds biggest financial vampire sucking the prosperity out of America

which is exactly why they were formed in the first place Frank....~S~

 

[sparky]

this fits here Frank>>>>



~S~

 

[BackAgain]

Rep Massie just introduce a bill 110 years overdue, to End the Federal Reserve.

The Fed is NOT vital to the US economy, just the opposite. It's the worlds biggest financial vampire sucking the prosperity out of America

Here's what's happened to the value of the US$ since the creation of the Federal Reserve

The only time it gained in value was when Harding/Coolidge.Mellon gave them the gigantic double middle finger

Massie is honorable and very consistent.

But we need many more dedicated folks in Congress who actually care about our Constitution.

 

[CrusaderFrank]

Who will be the lender of last resort?

What?

 

[Toddsterpatriot]

What?

Which of those words don't you understand?

 

[CrusaderFrank]

Who will be the lender of last resort?

Wait, you're serious?

 

[MisterBeale]

What?

End the Fed... and replace it with what?​

 

[Toddsterpatriot]

Wait, you're serious?

You did understand my question?

 

[Toddsterpatriot]

End the Fed... and replace it with what?​

In the next panic, we can borrow from Ron Paul.

 

[Oddball]

You did understand my question?

Do you understand "moral hazard"?

 

[Toddsterpatriot]

Do you understand "moral hazard"?

Do you understand "lender of last resort"?

 

[Leo123]

The Fed was created in 1913 in order to stabilize the monetary system. 16 years later, we had the Great Depression. Just sayin.'

 

[Toddsterpatriot]

The Fed was created in 1913 in order to stabilize the monetary system. 16 years later, we had the Great Depression. Just sayin.'

We had depressions and panics before the Fed too.

 

[MisterBeale]

In the next panic, we can borrow from Ron Paul.

In the "next panic," millionaires and billionaires, and many centuries old banks and investment institutions should be allowed to just go under.

. . . they should have been, and folks like you should have gotten real jobs, decades ago.

. . then we would not have half the systemic problems in our courts, financial institutions and political systems that we have now.

When and how do you think both of our national parties have gotten so corrupt and bat shit insane? This didn't come about by mistake pal.

Shit is getting so bad, only the truly ignorant and dumb don't recognize that it is now a risk to national security.

 

[MisterBeale]

We had depressions and panics before the Fed too.

In a free market system, that is the price you pay, to re-achieve balance in the system...

 

[Leo123]

We had depressions and panics before the Fed too.

Yes, as I said, that is why the Fed was created but, apparently it didn't work. 1913 was the worst depression.

 

[CrusaderFrank]

You did understand my question?

Yeah you said something about lender of last resort and it had me scratching my head. You mean the USA needs a lender of last resort?

 

[CrusaderFrank]

We had depressions and panics before the Fed too.

EXACTLY!!!!!! And they ended on average in 18 months!

You needed the Fed and FDR to extent to nearly a whole decade and only ended when Hitler conquered France