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To: Hawkmoon who wrote (57714)8/30/2000 3:04:33 PM
From: long-gone  Respond to of 116762
 
<<If they want our support they should allow audits.
Why?

Then they would want to audit the Federal Reserve's Books and people would be able to take positions on currencies that equate to insider trading.>>

No, !, your logic fails in spades ont his one, the IMF is supported to the greatest degree by the US, the US Fed is not owned or supported by the IMF!



To: Hawkmoon who wrote (57714)8/30/2000 3:08:00 PM
From: long-gone  Read Replies (1) | Respond to of 116762
 
btw, before you talk about our corrupt government Vs. these quasi governments, at least our is accountable to the voters of the US, the IMF is accountable to no one. anywhere. You must first assure they are not corrupt....



To: Hawkmoon who wrote (57714)8/30/2000 3:22:20 PM
From: long-gone  Read Replies (1) | Respond to of 116762
 
<<Then they would want to audit the Federal Reserve's Books and people would be able to take positions on currencies that equate to insider trading.>>

If we follow your convoluted logic, then anyone who buys a single box of Girl Scout Cookies would be subject to an audit by those very same Girl Scouts. If you give enough money to a group which claims to be clean & do good works, you should be allowed to see their books - but never the inverse.

We have something called a "blind trust" here in the US, which prevents the sort of currency trade you describe. Have you never wondered why no such laws exist in regard to the directors of the IMF?

While I won't even attempt to convince myself our system is perfectly clean(far from it with Hillary about), or that some "Blind Trusts" are more & some less "Blind", We do have something to protect the system & the users of that system. Are you willing to so quickly state no assurance against improper trading activity is better than a poor one?