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To: Hobie1Kenobe who wrote (5378)10/3/2000 10:06:30 PM
From: Jim Willie CB  Respond to of 65232
 
the more experienced I get, the more I conclude the Federal Reserve is a tool for the entrenched wealthy, both individuals and institutions
they create recessions, and lead their friends into bonds beforehand
at end of cycle, they create recoveries, and lead their friends back into stocks beforehand

they were established as a private entity to prevent depressions
ironically, they create recessions instead
then pundits call such recessions healthy

pure communist
next thing they will call pay raises "unAmerican"
as Dennis Miller says: "what a pack of jagoffs"

/ JW