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ggadguy (January 1, 1970 at 11:59 am)
I love Milton, but Keynes theory doesn't work. Austrian economics works. Free markets work. Freedom works.
greeneyedguy (January 1, 1970 at 11:59 am)
AWESOME...Thank you for posting this.
CheapLaborCapitalist (January 1, 1970 at 11:59 am)
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.John Kenneth Galbraith
mikeyooh7 (January 1, 1970 at 11:59 am)
The federal reserve regional banks are privately owned. The chairman is the only appointed offical. The board of Governors are all basically private bankers. There is an audit possible by the Inspector General, and Gov accountabilty office, but not of open market operations one of the biggest factors in monetary policy or Board of Governors actions in washington, just at the regional banks and member banks are audits conducted.
jimmyrtle (January 1, 1970 at 11:59 am)
"You didn't disprove me"You said there are 18 member banks, there aren't.You said the Federal Reserve is privately owned, it isn't.You said the Fed has never been audited, you're wrong about that too.You think the Fed controls M3, why don't you prove it? Because you're wrong about that too.I weep for our public school system, you're proof they do a poor job.
TurboLoveTrain (January 1, 1970 at 11:59 am)
Thanks for playing. You've lost this one as well.
TurboLoveTrain (January 1, 1970 at 11:59 am)
Do you even speak English? You didn't disprove me, you agreed with me moron. You also contradicted several of your other postings in doing so.
jimmyrtle (January 1, 1970 at 11:59 am)
During 2007, the Federal Reserve System's earnings totaled $41.9 billion. Of this amount, approximately $34.4 billion was distributed to the United States Treasury
jimmyrtle (January 1, 1970 at 11:59 am)
"Wrong. Its not gross profits from the member banks that go to the treasury--"You poor girl, still confusing the Federal Reserve with the thousands of member banks. How sad. LOL!
jimmyrtle (January 1, 1970 at 11:59 am)
"M1 is not a gauge of inflation, M3 is"Besides M1, what elements of M3 do you imagine the Fed controls? "Nothing you've yet said is correct"Which thing do you imagine I got wrong, poor girl? |
