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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: ForYourEyesOnly who wrote (4662)	3/21/1999 5:56:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 81996

Hi One of my favorite people was Paul Volcker do you think he would have been involved in some nefarious association? I learned about the Fed in eight grade history teacher. If I remember correctly we even had a field trip. Also I remember reading about the FED 10 or 15 years ago to look at details of how banking system worked. Once I read it I forgot the details and just remembered the abstract mechanisms. I was satisfied and couldn't think of how another system could be substituted. I am afraid though that Greenspan has become a political animal and don't remember how much control he has over the vote. Also I don't have the current urgent interest to find out. Do you know how much power Greenspan has over the rest of the board?. You appear to be selectly reading what Hutch wrote. I quoted the passage from Hutch's response that said basically we the people of the United States are the private owners of the Fed. If you want though, I think I can find an url which I just skimmed and again which seemed to suggest how huge money controls. What I don't understand is..what are your fears..What are you implying? Maybe I am missing something..what did my eight grade teacher not tell her class? What are your fears? I am hoping you are sincere.. Bobby ps I just found this joke in looking up the correct spelling of Paul Volcker's name (chuckle) From former chairman of the US Federal Reserve Paul Volcker according to the Wall Street Journal: A parrot fancier who happened into a London pet shop noticed a particularly colorful bird and asked its price. "Five thousand pounds," the shop owner replied. "Five thousand pounds?" the man asked. "Why so much?" "Well, this bird speaks fluent Italian, Spanish and French, is brushing up on his German and starting to study English," came the reply. "With the European Community's unification due in 1992, he'll be a great asset." "I don't care about the Common Market," the parrot fancier said. "What about that gray one in that other cage?" The gray one was 15,000 pounds, he was told, because the bird spoke Arabic, Chinese, and Korean and was learning Japanese--"the languages of the 21st century." "I'm too old to worry about the 21st century," the frustrated parrot lover replied. "What about that mangy brown one up on that perch in the corner?" The brown one, said the shopkeeper, was 25,000 pounds. "Twenty-five thousand pounds!" exclaimed the customer. "What does he do to worth that?" "We're not sure," the pet-shop owner replied. "But the other two call him chairman."