Cato Institute on Keynsian ideas being rejected under continuous borrowing

[heymikey80]

I think more to the point, putting the use of legislators in the hands of bankers is an even worse situation. And that's what we've had for a long time.

Good post.

Since the IG audit of the Federal Reserve -- I'm forced to agree. In the event, that is, that the $16T didn't come at the behest of the politicians.

 

[WalksWithChrist]

Since the IG audit of the Federal Reserve -- I'm forced to agree. In the event, that is, that the $16T didn't come at the behest of the politicians.

It's pretty frustrating knowing we've been at the mercy of these people for so long.

 

[visionary]

great little skit..

 

[Chris81]

great little skit..

That is classic and so true. I like how the skit approaches our national debt crisis on the basis of an individuals budget.

 

[Panzerkamfwagen]

Since the IG audit of the Federal Reserve -- I'm forced to agree. In the event, that is, that the $16T didn't come at the behest of the politicians.

The Federal Reserve goes back to the early 20th century.

It was a bad idea then, too.

 

[WalksWithChrist]

The Federal Reserve goes back to the early 20th century.

It was a bad idea then, too.

We had national banks that had the same purpose that were started by the same group of people before the Federal Reserve. It's just that the Federal Reserve happened to survive the opposition that the others didn't. Naming it "Federal Reserve" helped!

First Bank of the United States - Wikipedia, the free encyclopedia

I'm reading a book about all this stuff right now. It's fascinating. It's called People V. Banksters if anyone wants it. The gal that wrote it (friend of a friend) it letting it out free and I can email it to anyone that asks.