| Subject: | Re: [socialcredit] Finance: Credit "Crisis" and "Depression" | | Date: | Monday, December 1, 2008 22:01:06 (-0700) | | From: | Martin Hattersley <jmartinh @....ca>
|
| In reply to: | Message 5742 (written by william_b_ryan) |
Frankly, I don't know enough about the Federal Reserve to disagree with you.
All I can see is that from the point of view of monetary control in the
U.S., something has been allowed to go badly wrong - and as Truman used to
say, "The buck stops here."
Martin Hattersley, 5929-189 St.,
EDMONTON AB CANADA T6M 2J1
Phone & Fax (780) 483-5442
e-mail <jmartinh@shaw.ca>
----- Original Message -----
From: <william_b_ryan@yahoo.com>
To: <socialcredit@elistas.com>
Sent: Monday, December 01, 2008 1:35 PM
Subject: Re: [socialcredit] Finance: Credit "Crisis" and "Depression"
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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