| Subject: | Re: [socialcredit] Finance: Credit "Crisis" and "Depression" | | Date: | Monday, December 1, 2008 12:35:18 (-0800) | | From: | william_b_ryan <william_b_ryan @.....com>
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| In reply to: | Message 5740 (written by Martin Hattersley) |
Well, Martin, the Federal Reserve is a corporation chartered by the Congress of
the United States, with its directors, called "governors," and its chairman
appointed by the President of the United States, subject to confirmation by the
Senate of the United States, with the totality of its profits net of expenses
being remitted to the credit of the government of the United States.
It sounds like it has already been "taken over."
Do you disagree?
--- On Mon, 12/1/08, Martin Hattersley <jmartinh@shaw.ca> wrote:
Well, Bill
At least in Canada we own our own central bank, which does issue dollars which
by statute are legal tender. I think we could get away without any of the
problems you raise. The main difficulty is the political influence on our major
political parties of our banks.
Perhaps the U.S. government should at this point take over the Federal Reserve!
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