SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Willie CB who wrote (8941)11/7/2002 11:03:50 AM
From: Mike M2  Read Replies (1) of 89467
 
Jim, I absolutely agree. The Fed does accomplish one thing though - it increases the the redistribution of wealth. The Fed has facilitated the greatest financial raping of the public in its history. In 1930, H. Parker Willis - a noted authority on the Fed since its inception said " The breakdown of 1929 was as nearly the result of willful mismanagement and violation of every principle of sound finance as such an occurrence ever has been. It was the outcome of vulgar grasping for gain at the expense of the community." from " Who Caused the Panic of 1929" North American Review ( Feb. 1930) pp. 176-183 quoted in " The Great Boom and Panic" by Robert Patterson p. 235. Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News