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Non-Tech : Money Supply & The Federal Reserve -- Ignore unavailable to you. Want to Upgrade?

To: glenn_a who wrote (89)	8/11/2002 3:03:49 PM
From: Ahda	Respond to of 1379

BTW, the statement "The FED is not owned by commercial banks", can be read many ways. I view being "owned" as "being under the pervasive and systemic influence of". In other words, it's the "spirit" more than the "letter" of the ownership that is more important. I feel there are some laws that are for the people or Enron would still be up and running. When you look at the FED you are looking at bankers and for a good reason a group of electrical engineers would not have the expertise needed to discuss the monetary direction of the nation. It is precisely the same reason that bankers do not attempt to build air planes unless they fiddle with paper then you have a flight that is about twenty feet in duration or short lived. I feel it is impossible to determine the direction the economy will take as the unknowns are too great. The FED should be a result of the free market not the determinant factor of it. During the dot com mania there was a run on funds for new investment. The FED accommodated the run and attempted to continue the economic euphoria that went right along with the double the need as well as retail population theory. The free market found it was overpriced labor wise and drowning in debt. Rather than accept the free markets interpretation of where it was the FED decreased interest rates and increased dollar flow. They did so attempting to maintain the growth that wasn't real to begin with. This is the FED composition. federalreserve.gov

To: glenn_a who wrote (89)	8/11/2002 3:30:02 PM
From: ahhaha	Read Replies (1) \| Respond to of 1379

Carol Quigley is full of shit.

To: glenn_a who wrote (89)	8/11/2002 4:18:24 PM
From: D.Austin	Read Replies (1) \| Respond to of 1379

This article from the New York Times is a blatant admission of the influence the Council on Foreign Relations -- of which David Rockefeller is the Honorary Chairman and Director Emeritus -- wields over the foreign policy of the U.S. Government. It is a powerful tentacle of the Shadow Government which has controlled U.S. Foreign Policy nearly since it's inception. The names of people mentioned in the article who are CFR members are highlighted in blue. The positions they hold or have held are in bold blue. So, now... who do you think is in charge? The president or the minions of the shadow government? Following the article are a few short excerpts of Rene Wormser's book, Foundations, Their Power and Influence, which details findings of a special committee led by Congress B. Carroll Reece in 1953 to investigate Tax Free Foundations, along with a passage from Carroll Quigley's Tragedy and Hope, regarding the Reece Committee, both tell of the power and influence of the CFR. sweetliberty.org ------------------- sweetliberty.org