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Pastimes : Repeal the Federal Reserve Act -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (1)	12/20/2000 4:24:48 PM
From: Jeff Jordan	Read Replies (2) \| Respond to of 102

A BILL "To vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve banks. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, that: (a) the Secretary of the Treasury of the United States is hereby authorized and directed forthwith to purchase the capital stock of the twelve Federal Reserve banks and branches, and agencies thereof, and to pay the owners thereof the par value of such stock at the date of purchase. (b) All member banks of the Federal Reserve System are hereby required and directed to deliver forthwith to the Treasurer of the United States, by the execution and delivery of said documents as may be prescribed by the Secretary of the Treasury, all the stock of said Federal Reserve banks owned or controlled by them, together with all claims of any kind or nature in and to the capital assets of the said Federal Reserve banks, it being the intention of this Act to vest in the Government of the United States the absolute, complete, and unconditional ownership of the said Federal Reserve banks. (c) There is hereby authorized to be appropriated, out of any funds not otherwise appropriated, such sums as may be necessary to carry out the purposes of this Act. and: mind-trek.com

To: Jeff Jordan who wrote (1)	12/20/2000 6:09:19 PM
From: Joe S Pack	Respond to of 102

Jeff, I am glad to that you started this thread. This is my view: beauracrats not elected by people are not good for a demacratic system. This includes Alan Greenspan and his FED, FTC, FCC, SEC and the current corrupt supreme court Judges (at least 4 are corrupt and have 3 are worthy of that position). -Nat

To: Jeff Jordan who wrote (1)	12/21/2000 11:05:48 PM
From: Andrew G.	Respond to of 102

Jeff: An extraordinary thread. Thanks for the interesting references. I've often wondered about this. But what alternatives do we have to consider ? Perhaps a centralized computer system that sequesters economic data in real time and moderates rates and reserves in accordance to pre-established parameters ? It might at least remove the human element if nothing else.