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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (105088)5/18/2011 3:08:13 PM
From: chartseer  Read Replies (1) of 224858
 
"The Federal Reserve System is nothing more than socialized central planning in the monetary arena. In fact, Karl Marx and Frederick Engels wrote in The Communist Manifesto that one of the initial measures of the Communist Revolution would be "a centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly." And as Oscar B. Johannsen has written: "A socialized banking system is the precursor of socialism in all business.""

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