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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (142624)3/20/2014 12:45:34 AM
From: Metacomet  Read Replies (1) | Respond to of 149317
 
Theoretically, it's a necessary function

What Wilson recognized is the nature of the beast, as a quasi private entity, it is subject to gross manipulation by deep pocketed capitalists, who will use it as much to line their own pockets as to regulate the currency

A stabilizing function is necessary

..having it run by aperatchiks of some of the greediest capitalists on the planet may not be optimum

A significant player in the current egregious wealth inequity, as a byproduct of "regulation"